---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-25-000242"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2025-04-22T23:59:59+00:00"
generated_at: "2026-05-23T08:59:29.937559+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Southern First Q1 net income $5.3M ($0.65 EPS) up 109% YoY; NIM expands to 2.41%

## Summary
- Net income of $5.3M, diluted EPS $0.65, up 108.8% vs Q1 2024 EPS of $0.31.
- Net interest margin (tax-equivalent) 2.41%, up 47 bps from 1.94% a year ago.
- Total loans $3.68B, up 6% annualized QoQ; core deposits $2.82B, up 23% annualized QoQ.
- Nonperforming assets / total assets 0.26%; allowance for credit losses 1.10% of loans.
- Book value per common share $41.33, up 6.9% from $38.65 a year ago.

## SEC filing metadata
- accession: 0001206774-25-000242
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2025-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1090009/000120677425000242/0001206774-25-000242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677425000242/sfst4472061-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-25-000242
- JSON: https://secwatch.observer/filing/0001206774-25-000242.json
- Plain text: https://secwatch.observer/filing/0001206774-25-000242.txt

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