{"schema_version":"secwatch.filing_event.v1","accession":"0001206774-23-000050","form_type":"8-K","ticker":"SFST","cik":"0001090009","company_name":"SOUTHERN FIRST BANCSHARES INC","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.833058+00:00","generated_at":"2026-06-20T10:29:42.084259+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Southern First Q4 net income plunges 54% to $5.5M; EPS $0.68 vs $1.49 a year ago","bullets":["Q4 2022 net income $5.5M ($0.68 diluted EPS) vs $12.0M ($1.49) in Q4 2021, down 54%.","Total loans grew 31% YoY to $3.3B; deposits up 22% to $3.1B; loan-to-deposit ratio 104.5%.","Net interest margin fell to 2.88% from 3.35% a year ago, pressured by 425 bps Fed rate hikes.","Provision for credit losses $2.3M vs reversal of $4.2M in Q4 2021, reflecting loan growth.","Nonperforming assets remained low at 0.07% of assets; book value per share $36.76, +5% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001206774-23-000050","json":"https://secwatch.observer/filing/0001206774-23-000050.json","markdown":"https://secwatch.observer/filing/0001206774-23-000050.md","text":"https://secwatch.observer/filing/0001206774-23-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090009/000120677423000050/0001206774-23-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090009/000120677423000050/southernfirst4154951-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:29:42.084259+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1f0be8069fad867f3844c7cb5e3e0514d5f17742","claim":"SOUTHERN FIRST BANCSHARES INC reported Quarter Ended December 31, 2022 results: revenue 25,826, net income $ 5,492, EPS 0.68.","evidence_excerpt":"Net income available to common shareholders $ 5,492 8,413 7,240 7,970 12,005 Earnings per common share, diluted 0.68 1.04 0.90 0.98 1.49 Total revenue (1) 25,826 28,134 27,149 26,091 26,194","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090009/000120677423000050/0001206774-23-000050-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Quarter Ended December 31, 2022"},{"label":"Revenue","value":"25,826"},{"label":"Net income","value":"$ 5,492"},{"label":"EPS","value":"0.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}