regulatory
confidence high
sentiment negative
materiality 0.60
Southern First Bancshares receives FDIC CRA rating of 'Needs to Improve'
SOUTHERN FIRST BANCSHARES INC
- FDIC rated Southern First Bank's CRA performance 'Needs to Improve' for period Feb 12, 2018 – Mar 29, 2021.
- CEO Art Seaver said the rating does not reflect the bank's positive community impact.
- Bank has already made progress in the market identified by the regulator and remains committed to community service.