---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-22-002591"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:09:52.537600+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Southern First Q3 net income $8.4M ($1.04 EPS); loans up 27% YoY to $3.0B

## Summary
- Net income $8.4M vs $14.0M in Q3 2021; diluted EPS $1.04 vs $1.75.
- Net interest income rose 14.8% to $25.5M; net interest margin fell to 3.19% from 3.38%.
- Total loans $3.03B (+27% YoY); total deposits $3.00B (+23% YoY).
- Provision for credit losses $950k (vs reversal of $6.0M in Q3 2021); net recoveries $1.6M.
- Nonperforming assets/total assets 0.08% vs 0.50% a year ago; classified asset ratio improved to 5.24%.

## SEC filing metadata
- accession: 0001206774-22-002591
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677422002591/0001206774-22-002591-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677422002591/sfb4121731-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-22-002591
- JSON: https://secwatch.observer/filing/0001206774-22-002591.json
- Plain text: https://secwatch.observer/filing/0001206774-22-002591.txt

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