---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-21-001840"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2021-07-27T23:59:59+00:00"
generated_at: "2026-06-30T02:03:46.162147+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Southern First Q2 net income $10.3M ($1.29 EPS), up 120% YoY; loans grow 10.7% to $2.25B

## Summary
- Net income $10.3M ($1.29 diluted EPS) vs $4.7M ($0.60) in Q2 2020, up 120.7% and 115%.
- Total revenue $25.1M; net interest margin improved to 3.50% from 3.42% YoY.
- Loans grew 10.7% to $2.254B, deposits up 5.6% to $2.31B.
- Negative provision for loan losses of $1.9M vs $10.2M provision in Q2 2020.
- Nonperforming assets improved to 0.27% of total assets; allowance coverage 619% of nonaccruals.

## SEC filing metadata
- accession: 0001206774-21-001840
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2021-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677421001840/0001206774-21-001840-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677421001840/sfb3934821-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-21-001840
- JSON: https://secwatch.observer/filing/0001206774-21-001840.json
- Plain text: https://secwatch.observer/filing/0001206774-21-001840.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.