---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-22-001838"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2022-07-26T23:59:59+00:00"
generated_at: "2026-06-24T08:33:53.735146+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Southern First Q2 net income $7.2M ($0.90 diluted EPS); loans up 26% YoY to $2.8B

## Summary
- Net income $7.2M ($0.90 diluted EPS) vs $10.3M ($1.29) in Q2 2021; net interest income up 16.1% to $24.9M.
- Loans grew 26% YoY to $2.8B; deposits up 24% to $2.9B; book value per share $35.39 (+11%).
- NIM 3.35% (down 15 bps YoY); mortgage banking income dropped $1.4M vs Q2 2021.
- Provision for credit losses $1.8M vs reversal of $1.9M in Q2 2021; allowance 1.20% of loans.
- Nonperforming assets at 0.09% of total assets, improved from 0.27% a year ago.

## SEC filing metadata
- accession: 0001206774-22-001838
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2022-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1090009/000120677422001838/0001206774-22-001838-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677422001838/sbf4087131-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-22-001838
- JSON: https://secwatch.observer/filing/0001206774-22-001838.json
- Plain text: https://secwatch.observer/filing/0001206774-22-001838.txt

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