{"schema_version":"secwatch.filing_event.v1","accession":"0001206774-24-000023","form_type":"8-K","ticker":"SFST","cik":"0001090009","company_name":"SOUTHERN FIRST BANCSHARES INC","filed_at":"2024-01-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.336614+00:00","generated_at":"2026-06-06T21:42:10.799914+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Southern First Q4 net income $4.2M ($0.51 EPS); net interest margin narrows to 1.92%","bullets":["Net income $4.2M in Q4 2023, down from $5.5M in Q4 2022; diluted EPS $0.51 vs $0.68.","Full-year net income $13.4M ($1.66 EPS) vs $29.1M ($3.61 EPS) in 2022.","Net interest margin (tax-equivalent) fell to 1.92% from 2.88% a year ago due to rising deposit costs.","Total loans grew to $3.60B (up 10% YoY); total deposits $3.38B (up 8% YoY).","Nonperforming assets to total assets remained low at 0.10%; allowance for credit losses 1.13% of loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001206774-24-000023","json":"https://secwatch.observer/filing/0001206774-24-000023.json","markdown":"https://secwatch.observer/filing/0001206774-24-000023.md","text":"https://secwatch.observer/filing/0001206774-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090009/000120677424000023/0001206774-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090009/000120677424000023/sfst4287851-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T21:42:10.799914+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":"5a931de73a9d93a7fe51de5977504b68fd8cee16","claim":"SOUTHERN FIRST BANCSHARES INC reported the three and twelve months ended December 31, 2023 results: net income Net income was $4.2 million, EPS $0.51 per diluted share.","evidence_excerpt":"On January 18, 2024, Southern First Bancshares, Inc., holding company for Southern First Bank, issued a press release announcing its financial results for the period ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090009/000120677424000023/0001206774-24-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and twelve months ended December 31, 2023"},{"label":"Net income","value":"Net income was $4.2 million"},{"label":"EPS","value":"$0.51 per diluted share"},{"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"}