Southern First Bancshares Files Q1 2025 10-Q
Ticker: SFST · Form: 10-Q · Filed: May 5, 2025 · CIK: 1090009
Sentiment: neutral
Topics: 10-Q, financials, quarterly-report, banking
Related Tickers: SFST
TL;DR
**SFST Q1 2025 10-Q filed. Financials for Q1 2024 and year-end 2023/2024 detailed.**
AI Summary
Southern First Bancshares, Inc. filed its 10-Q report for the period ending March 31, 2025. The filing details the company's financial performance and position, including balance sheet information for December 31, 2023, and March 31, 2024, as well as income statement data for the first quarter of 2024. Key financial components like common stock, preferred stock, additional paid-in capital, accumulated other comprehensive income, and retained earnings are reported.
Why It Matters
This filing provides investors with a quarterly update on Southern First Bancshares' financial health, crucial for assessing its performance and making investment decisions.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new risks indicated.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
- 2024-03-31 — Prior Year Period End Date (Provides a comparative point for financial performance.)
- 2023-12-31 — Prior Year End Date (Shows the company's financial position at the end of the previous fiscal year.)
Key Players & Entities
- SOUTHERN FIRST BANCSHARES INC (company) — Filer of the 10-Q report
- GREENVILLE FIRST BANCSHARES INC (company) — Former name of Southern First Bancshares Inc.
- 20250331 (date) — End of the reporting period
- 20250505 (date) — Filing date of the report
FAQ
What is the primary purpose of this 10-Q filing?
The primary purpose is to provide a quarterly update on Southern First Bancshares, Inc.'s financial performance and position for the period ending March 31, 2025.
What specific financial periods are detailed in this filing?
The filing details financial data for the quarter ending March 31, 2025, and includes comparative balance sheet information for December 31, 2023, and March 31, 2024, as well as income statement data for the first quarter of 2024.
When was this 10-Q report filed with the SEC?
This 10-Q report was filed on May 5, 2025.
What was Southern First Bancshares, Inc. formerly known as?
Southern First Bancshares, Inc. was formerly known as Greenville First Bancshares Inc., with a name change effective July 7, 1999.
What are some of the key equity components reported in the filing?
Key equity components reported include Common Stock, Preferred Stock, Nonvested Restricted Stock, Additional Paid-In Capital, Accumulated Other Comprehensive Income, and Retained Earnings.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 5, 2025 regarding SOUTHERN FIRST BANCSHARES INC (SFST).