Every material Form 8-K SOUTHERN FIRST BANCSHARES INC has filed with the SEC since July 21, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Southern First Bancshares reported third-quarter 2026 results for the period ended September 30, 2026. Net income was $12.2 million, up 41% from a year earlier, and diluted earnings per share were $1.28, up 21%, driven by 26% growth in net interest income. Noninterest income fell 20% year over year, to $2.9 million.
Net income $12.2 million, up 41% year over year and up 9% from the second quarter of 2026
Diluted EPS $1.28 versus $1.06 in the third quarter of 2025; net interest margin 3.02% versus 2.62%
Total loans $4.2 billion, up 14% annualized from the second quarter; retail deposits $3.7 billion
Noninterest income $2.9 million, down from $3.6 million, as the bank retained more mortgage loans instead of selling them
Southern First Bancshares' Board authorized a share repurchase plan of up to $10.0 million of common stock, roughly 2% of the company's shares. The company may buy back shares through open market and privately negotiated transactions, with timing and amounts at management's discretion, and the company is not obligated to repurchase any shares.
Authorized repurchase of up to $10.0 million of common stock, or approximately 2%
Purchases may be made in open market and privately negotiated transactions, at management's discretion
Repurchases after August 23, 2027 would require additional Board and Federal Reserve approval
Plan may be discontinued, suspended or restarted at any time
Southern First Bancshares reported second-quarter 2026 net income of $11.2 million, up 70% from a year earlier, with diluted earnings per share of $1.20, up 48%. Net interest income rose 28% year over year, driven mainly by new loan volume, and the company raised $65.2 million in gross proceeds from a share issuance and redeemed part of its subordinated notes.
Diluted EPS was $1.20, up $0.39 or 48% from Q2 2025 and up $0.01 from Q1 2026.
Net interest margin was 2.87%, up 37 basis points from 2.50% in Q2 2025.
Retail deposits rose $184 million in the quarter to $3.6 billion; total loans reached $4.0 billion.
Common Equity Tier 1 ratio was 12.81% per the press release text, up from 10.71% a year earlier.
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