---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-26-000230"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:03:04.807317+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Southern First Q1 net income $9.9M, EPS $1.19 (+83% YoY); NIM expands to 2.88%

## Summary
- Diluted EPS $1.19 vs $0.65 YoY; net income $9.9M, up 88% from $5.3M.
- NIM 2.88% (+16 bps QoQ, +47 bps YoY); net interest income up 29% YoY.
- Loans $3.9B, up $97M (10% annualized) from Q4; retail deposit growth record $210M.
- Completed public offering of 1.21M shares at $54, gross proceeds $65.2M on April 17.
- NPAs 0.26% (down from 0.32% Q4); net charge-offs 0.01%; allowance 1.10%.

## SEC filing metadata
- accession: 0001206774-26-000230
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677426000230/0001206774-26-000230-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677426000230/sfst4624051-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-26-000230
- JSON: https://secwatch.observer/filing/0001206774-26-000230.json
- Plain text: https://secwatch.observer/filing/0001206774-26-000230.txt

## Key facts
- Earnings Releases
  SOUTHERN FIRST BANCSHARES INC reported the three months ended March 31, 2026 results: revenue $33.8 million, net income $9.9 million, EPS $1.19.
  - Period: the three months ended March 31, 2026
  - Revenue: $33.8 million
  - Net income: $9.9 million
  - EPS: $1.19
  - Result: reported results
  source text: by $0.01 from the fourth quarter of 2025 ● Net income improved to $9.9 million, a $4.6 million increase, or 88%, compared to the first quarter of 2025 ● Total revenue was $33.8 million, an increase of $7.3 million, or 28%, year-over-year and $2.0 million on a linked quarter basis ● Net interest income improved by $6.9 million, or 29% year-over-year, driven
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090009/000120677426000230/0001206774-26-000230-index.htm

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