---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-24-000679"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:31:23.808528+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Southern First Bancshares Reports Q2 2024 Net Income of $3.0 Million and EPS of $0.37

## Summary
- Net income of $3.0 million, up from $2.5 million in Q1 2024; diluted EPS $0.37.
- Total loans decreased $21.2 million to $3.62 billion; deposits nearly flat at $3.46 billion.
- Nonperforming assets rose to 0.27% of assets from 0.09%, driven by $8.0 million in new nonaccrual loans.
- Net interest margin improved to 1.98% from 1.94% in prior quarter.
- New CFO Chris Zych joined during the quarter.

## SEC filing metadata
- accession: 0001206774-24-000679
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677424000679/0001206774-24-000679-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677424000679/sfst4356421_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-24-000679
- JSON: https://secwatch.observer/filing/0001206774-24-000679.json
- Plain text: https://secwatch.observer/filing/0001206774-24-000679.txt

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