For the quarter ending 2025-09-30, SFST made $104,989,000 in revenue. $8,662,000 in net income. Net profit margin of 8.25%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Loans | 50,999,000 | 48,992,000 | 47,085,000 | 46,384,000 |
| Investment securities | 1,342,000 | 1,357,000 | 1,403,000 | 1,491,000 |
| Federal funds sold and interest-bearing deposits with banks | 2,645,000 | 1,969,000 | 1,159,000 | 1,872,500 |
| Total interest income | 54,986,000 | 52,318,000 | 49,647,000 | 49,747,500 |
| Deposits | 24,703,000 | 24,300,000 | 23,569,000 | 26,416,500 |
| Borrowings | 2,754,000 | 2,723,000 | 2,695,000 | 2,779,500 |
| Total interest expense | 27,457,000 | 27,023,000 | 26,264,000 | 29,803,333.333 |
| Net interest income | 27,529,000 | 25,295,000 | 23,383,000 | 20,551,500 |
| Provision for credit losses | 850,000 | 700,000 | 750,000 | -125,000 |
| Net interest income after provision for credit losses | 26,679,000 | 24,595,000 | 22,633,000 | 20,739,000 |
| Mortgage banking income | 1,600,000 | 1,569,000 | 1,424,000 | 1,094,000 |
| Service fees on deposit accounts | 625,000 | 567,000 | 539,000 | 446,500 |
| Gain (loss) on disposal of fixed assets | - | - | - | 7,000 |
| Atm and debit card income | 601,000 | 586,000 | 552,000 | 575,500 |
| Income from bank owned life insurance | 439,000 | 413,000 | 403,000 | 392,000 |
| Other income | 335,000 | 199,000 | 196,000 | 199,500 |
| Total noninterest income | 3,600,000 | 3,334,000 | 3,114,000 | 2,721,500 |
| Compensation and benefits | 11,299,000 | 11,674,000 | 11,304,000 | 10,733,500 |
| Occupancy | 2,447,000 | 2,523,000 | 2,548,000 | 2,572,000 |
| Outside service and data processing | 2,158,000 | 2,189,000 | 2,037,000 | 1,924,500 |
| Insurance | 961,000 | 910,000 | 1,010,000 | 1,016,000 |
| Professional fees | 605,000 | 609,000 | 509,000 | 637,000 |
| Marketing | 412,000 | 397,000 | 374,000 | 352,000 |
| Other | 1,064,000 | 1,034,000 | 1,054,000 | 1,087,000 |
| Total noninterest expenses | 18,946,000 | 19,336,000 | 18,836,000 | 18,322,000 |
| Income before income tax expense | 11,333,000 | 8,593,000 | 6,911,000 | 5,138,500 |
| Income tax expense | 2,671,000 | 2,012,000 | 1,645,000 | 1,064,000 |
| Net income | 8,662,000 | 6,581,000 | 5,266,000 | 4,074,500 |
| Basic | 1.08 | 0.81 | 0.65 | 0.505 |
| Basic | 8,030,944 | 8,118,895 | 8,078,355 | -4,054,764.5 |
| Diluted | 1.07 | 0.81 | 0.65 | 0.5 |
| Diluted | 8,080,459 | 8,133,789 | 8,110,514 | -4,056,470.5 |
SOUTHERN FIRST BANCSHARES INC (SFST)
SOUTHERN FIRST BANCSHARES INC (SFST)