---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-26-000563"
form_type: "8-K"
ticker: "SFST"
cik: "0001090009"
company_name: "SOUTHERN FIRST BANCSHARES INC"
filed_at: "2026-10-20T12:30:44+00:00"
generated_at: "2026-10-20T12:35:15.172946+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.72
calibrated_materiality_score: 0.72
confidence: "high"
source: SEC EDGAR
---

# Southern First Q3 EPS $1.28, up 21% YoY; NIM 3.02% as net interest income grows 26%

## Summary
- Net income $12.2M, up 41% YoY and 9% QoQ; diluted EPS $1.28 vs $1.06 a year ago; total revenue $37.5M, up 21% YoY.
- Net interest margin 3.02%, up 40 bps YoY and 15 bps QoQ; net interest income $34.7M (+26% YoY); return on average assets 1.03% vs 0.80%.
- Loans $4.18B, up $145M (14% annualized) QoQ; retail deposits $3.72B, up $163M (18% annualized) and 20% YoY; wholesale deposits cut 32% YoY to $386.5M.
- Noninterest income fell to $2.9M from $3.6M as mortgage banking income dropped 60% to $638K on retaining loans; service fees on deposits rose 45% to $906K.
- Credit metrics steady: NPAs 0.30% of assets, net charge-offs 0.07% annualized, provision $1.4M, ACL 1.07% of loans; TCE 9.47%, CET1 12.74%, BVPS $48.68.

## SEC filing metadata
- accession: 0001206774-26-000563
- form_type: 8-K
- ticker: SFST
- cik: 0001090009
- company_name: SOUTHERN FIRST BANCSHARES INC
- filed_at: 2026-10-20T12:30:44+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.72
- calibrated_materiality_score: 0.72
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090009/000120677426000563/0001206774-26-000563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090009/000120677426000563/sfst4704891-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-26-000563
- JSON: https://secwatch.observer/filing/0001206774-26-000563.json
- Plain text: https://secwatch.observer/filing/0001206774-26-000563.txt

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