---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-24-000946"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:26:36.901182+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Southern First Q3 net income $4.4M ($0.54 EPS); net interest margin expands 10 bps to 2.08%

## Summary
- Net income $4.4M, diluted EPS $0.54 vs $0.37 in Q2 2024 and $0.51 in Q3 2023.
- Net interest margin (tax-equivalent) 2.08%, up 10 bps from 1.98% in Q2 2024; net interest income $20.6M.
- Total loans $3.62B (flat QoQ); total deposits $3.52B, up $59M from Q2 2024.
- Nonperforming assets 0.28% of assets; net recoveries $9k; no provision for credit losses in Q3.
- Core checking accounts grew 21% annualized; CEO cites disciplined pricing and credit standards.

## SEC filing metadata
- accession: 0001206774-24-000946
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677424000946/0001206774-24-000946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677424000946/sfst4395861_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-24-000946
- JSON: https://secwatch.observer/filing/0001206774-24-000946.json
- Plain text: https://secwatch.observer/filing/0001206774-24-000946.txt

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