---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-21-002648"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2021-10-26T23:59:59+00:00"
generated_at: "2026-06-28T17:51:41.143367+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Southern First Q3 2021 net income $14.0M ($1.75 EPS) up from $2.2M in Q3 2020

## Summary
- Net income $14.0M ($1.75 diluted EPS) vs $2.2M ($0.28) a year ago; revenue $26.4M.
- Record loan growth: loans up 14.9% to $2.4B; deposits up 11.6% to $2.4B.
- Loan loss reversal of $6.0M vs provision of $11.1M in Q3 2020; allowance/loans 1.51%.
- Net interest margin 3.38% vs 3.50% prior quarter on yield compression; NII up 7.4% YoY.
- NPAs rose to 0.50% of assets from 0.27% due to one $9.0M relationship; classified assets ratio 14.90%.

## SEC filing metadata
- accession: 0001206774-21-002648
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2021-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677421002648/0001206774-21-002648-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677421002648/sfb3974021-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-21-002648
- JSON: https://secwatch.observer/filing/0001206774-21-002648.json
- Plain text: https://secwatch.observer/filing/0001206774-21-002648.txt

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