10-Q quarterly report · filed May 1, 2026

SOUTHERN FIRST BANCSHARES INC (SFST) Q1 2026 10-Q Quarterly Report

Short answer

SOUTHERN FIRST BANCSHARES INC (SFST) filed its Q1 2026 10-Q quarterly report on May 1, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1M (up 4.8% year over year) with net income of $10M.

Q1 2026 key financials · XBRL

Revenue
$1M
+4.8% YoY
Net income
$10M
+87.8% YoY
EPS (diluted)
$1.19
+83.1% YoY

Source: XBRL data from the SOUTHERN FIRST BANCSHARES INC (SFST) Q1 2026 10-Q on SEC EDGAR. USD.

SOUTHERN FIRST BANCSHARES INC Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Net income $9.9M vs $5.3M YoY; diluted EPS $1.19 vs $0.65
  • Net interest income $30.3M vs $23.4M, up 29.4%; margin 2.88% vs 2.41%
  • Best-performing revenue line service fees $756K, up 40.3% YoY; mortgage banking $1.493M, up 4.8%
  • Assets $4.58B, up 4.0%; loans $3.94B and deposits $3.87B at March 31, 2026
  • Near-term headwinds: funding access, deposit flows, credit losses, interest-rate volatility and real-estate weakness

Risk Factors

  • No material risk-factor changes from the December 31, 2025 Form 10-K
  • Carried-forward risks remain applicable, with no newly triggered risk identified for first-quarter 2026
  • Share-repurchase authorization risk: $5.0 million remains available, subject to additional approvals after May 22, 2026

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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