---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-22-000229"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2022-01-25T23:59:59+00:00"
generated_at: "2026-06-27T15:45:55.511304+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Q4 net income $12.0M ($1.49 EPS) vs $8.6M ($1.10) YoY; loans up 16%

## Summary
- Net income $12.0M for Q4 2021 vs $8.6M in Q4 2020; diluted EPS $1.49 vs $1.10.
- Total loans $2.49B (+16.2% YoY); deposits $2.56B (+19.7% YoY).
- Net interest margin 3.35% (tax-equivalent), down 20 bps YoY due to yield compression.
- Reversal of provision for loan losses $4.2M in Q4 vs $2.3M provision in Q4 2020.
- Expects CECL adoption on Jan 1, 2022 with retained earnings charge of $3.5M-$7.0M.

## SEC filing metadata
- accession: 0001206774-22-000229
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2022-01-25T23:59:59+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/1090009/000120677422000229/0001206774-22-000229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677422000229/sfst4013201-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-22-000229
- JSON: https://secwatch.observer/filing/0001206774-22-000229.json
- Plain text: https://secwatch.observer/filing/0001206774-22-000229.txt

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