ServisFirst Bancshares, Inc. (SFBS)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Revenue not from contract with customer-Credit Card | 2,119 | - | - | - |
Revenue not from contract with customer-Mortgage Banking | 1,323 | - | - | - |
Revenue not from contract with customer-Deposit Account | 2,671 | - | - | - |
Other operating income | 745 | 1,001 | 818 | 828 |
Securities losses | -8,563 | - | - | - |
Bank-owned life insurance income | 2,126 | 2,137 | 2,113 | 2,058 |
Revenue not from contract with customer | - | 5,139 | 5,618 | 6,005 |
Total noninterest income | 421 | 8,277 | 8,549 | 8,891 |
Professional services | 1,904 | 1,933 | 1,715 | 1,741 |
Other operating expenses | 5,416 | 6,948 | 4,572 | 3,623 |
Salaries and employee benefits | 22,576 | 22,879 | 25,057 | 24,213 |
Equipment and occupancy expense | 3,523 | 3,722 | 3,795 | 3,567 |
Third party processing and other services | 8,005 | 7,738 | 8,035 | 7,465 |
Other real estate owned expense | 27 | 33 | 103 | 7 |
Fdic and other regulatory assessments | 2,753 | 2,854 | 2,355 | 2,202 |
Total noninterest expenses | 44,204 | 46,107 | 45,632 | 42,818 |
Provision | - | - | - | 5,353 |
Provision for credit losses | 11,296 | 6,630 | 5,659 | - |
Deposits | 93,488 | 94,745 | 113,211 | 104,671 |
Borrowed funds | 21,460 | 22,798 | 19,647 | 16,994 |
Total interest expense | 114,948 | 117,543 | 132,858 | 121,665 |
Other interest and dividends | 21,955 | 28,111 | 24,496 | 16,535 |
Nontaxable securities | 5 | 6 | 7 | 9 |
Taxable securities | 16,562 | 16,023 | 17,493 | 16,158 |
Federal funds sold and securities purchased with agreement to resell | 1,592 | 20 | 31 | 538 |
Interest and fees on loans | 206,521 | 196,936 | 205,952 | 194,300 |
Total interest income | 246,635 | 241,096 | 247,979 | 227,540 |
Net interest income | 131,687 | 123,553 | 115,121 | 105,875 |
Net interest income after provision for credit losses | 120,391 | 116,923 | 109,462 | 100,522 |
Income before income taxes | 76,608 | 79,093 | 72,379 | 66,595 |
Provision for income taxes | 15,184 | 15,869 | 12,472 | 14,459 |
Net income | 61,424 | 63,224 | 59,907 | 52,136 |
Dividends on preferred stock | 31 | - | - | 31 |
Net income available to common stockholders | 61,393 | 63,224 | 59,907 | 52,105 |
Basic earnings per common share (in dollars per share) | 1.12 | 1.16 | 1.1 | 0.96 |
Diluted earnings per common share (in dollars per share) | 1.12 | 1.16 | 1.1 | 0.95 |
Us-gaap_weightedaveragenumberofdilutedsharesoutstanding | 54,664,480 | 54,656,630 | 54,642,582 | 54,608,679 |
Weighted average common shares outstanding (in shares) | 54,610,516 | 54,586,274 | 54,549,664 | 54,516,638 |