---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-22-000970"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2022-04-01T23:59:59+00:00"
generated_at: "2026-06-26T10:14:04.072767+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Southern First Bancshares receives FDIC CRA rating of 'Needs to Improve'

## Summary
- 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.

## SEC filing metadata
- accession: 0001206774-22-000970
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2022-04-01T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677422000970/0001206774-22-000970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677422000970/sfst4042451-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-22-000970
- JSON: https://secwatch.observer/filing/0001206774-22-000970.json
- Plain text: https://secwatch.observer/filing/0001206774-22-000970.txt

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