Highest-materiality recent filing
Southern First Q1 net income $9.9M (EPS $1.19), up 88% YoY; completes $65M stock offering
Q1 2026 net income $9.9M, diluted EPS $1.19, up 88% and 83% YoY; NIM expanded 47bps to 2.88%.
Southern First Q1 net income $9.9M, EPS $1.19 (+83% YoY); NIM expands to 2.88%
Diluted EPS $1.19 vs $0.65 YoY; net income $9.9M, up 88% from $5.3M.
Southern First Bancshares prices 1.05M share offering at $54; expects ~$53.2M net proceeds
Offering of 1,050,000 shares of common stock at $54.00 per share, with 30-day option for additional 157,500 shares.
Public offering of common stock launched; underwriters have 30-day option to purchase up to 15% additional shares.
Southern First extends $15M revolver to March 2027, drops ROAA covenant
Modification of $15.0M revolving credit facility with TIB, National Association; maturity extended to March 5, 2027.
Southern First Q4 EPS $1.21, up 13% QoQ; NIM expands to 2.72%
Diluted EPS $1.21, up 13% from Q3 2025 and up 73% from Q4 2024.
Southern First Q3 diluted EPS $1.07, up 98% YoY; NIM expands to 2.62%
Net income $8.7M vs $4.4M in Q3 2024; diluted EPS $1.07 vs $0.54 (+98%).
Southern First Q2 EPS $0.81, up 119% YoY; NIM expands to 2.50%
Diluted EPS of $0.81 vs $0.37 in Q2 2024 (+119%) and $0.65 in Q1 2025 (+25%).
Southern First Bancshares authorizes up to $5M share repurchase (approx. 2% of common stock)
Board authorized repurchase of up to $5 million in common stock, representing about 2% of outstanding shares.
Southern First Bancshares appoints three new directors effective June 1, 2025
Appointed Ms. Jennifer S. Cluverius, Mr. Darrin Goss, Sr., and Mr. William M. McClatchey, Jr. as directors of the Company and Bank.
Annual meeting votes confirm director slate, compensation plan, and auditor ratification
All eight director nominees elected with majority support; broker non-votes of 746,180 on each.
Effective June 1, 2025, the joint Board of Directors of Southern First Bancshares, Inc. (the “Company”), and Southern First Bank (the “Bank”), voted to approve the appointment of three new directors, Ms. Jennifer S. Cluverius, Mr. Darrin Goss, Sr., and Mr. William M. McClatchey, Jr.
Effective June 1, 2025, the joint Board of Directors of Southern First Bancshares, Inc. (the “Company”), and Southern First Bank (the “Bank”), voted to approve the appointment of three new directors, Ms. Jennifer S. Cluverius, Mr. Darrin Goss, Sr., and Mr. William M. McClatchey, Jr.
Effective June 1, 2025, the joint Board of Directors of Southern First Bancshares, Inc. (the “Company”), and Southern First Bank (the “Bank”), voted to approve the appointment of three new directors, Ms. Jennifer S. Cluverius, Mr. Darrin Goss, Sr., and Mr. William M. McClatchey, Jr.
Max materiality 0.75 · Median 0.60 · Most common event other_material