{"schema_version":"secwatch.filing_event.v1","accession":"0001206774-23-000817","form_type":"8-K","ticker":"SFST","cik":"0001090009","company_name":"SOUTHERN FIRST BANCSHARES INC","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.115987+00:00","generated_at":"2026-06-13T02:46:25.616655+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 Q2 net income $2.5M ($0.31 EPS), down 66% YoY; NIM falls to 2.05%","bullets":["Net income $2.5M vs $7.24M in Q2 2022; diluted EPS $0.31 vs $0.90; total revenue $21.6M down from $27.1M.","Net interest margin (tax-equivalent) fell to 2.05% from 3.35% a year ago, driven by 301bp rise in deposit costs.","Total loans grew 24% YoY to $3.54B; total deposits up 20% to $3.43B; core deposits down 2% from Q1.","Credit quality remains strong: nonperforming assets 0.08% of total assets; allowance for credit losses 1.16% of loans.","Provision for credit losses was $910K, down from $1.8M in Q1 2023; net charge-offs $425K (0.03% annualized)."],"urls":{"canonical":"https://secwatch.observer/filing/0001206774-23-000817","json":"https://secwatch.observer/filing/0001206774-23-000817.json","markdown":"https://secwatch.observer/filing/0001206774-23-000817.md","text":"https://secwatch.observer/filing/0001206774-23-000817.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090009/000120677423000817/0001206774-23-000817-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090009/000120677423000817/sfst4223471-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:46:25.616655+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}