Last $16.28 USD
Change Today +0.03 / 0.18%
Volume 160.0
As of 8:10 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

southern first bancshares (SFST) Snapshot

Open
$16.28
Previous Close
$16.25
Day High
$16.28
Day Low
$16.28
52 Week High
01/7/15 - $18.60
52 Week Low
05/20/14 - $13.02
Market Cap
101.2M
Average Volume 10 Days
1.6K
EPS TTM
$1.07
Shares Outstanding
6.2M
EX-Date
--
P/E TM
15.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for SOUTHERN FIRST BANCSHARES (SFST)

southern first bancshares (SFST) Related Businessweek News

No Related Businessweek News Found

southern first bancshares (SFST) Details

Southern First Bancshares, Inc. operates as the holding company for Southern First Bank that provides various banking products and services to general public in South Carolina. It accepts various deposit products that include checking accounts, commercial checking accounts, savings accounts, and other time deposits. The company’s loan portfolio comprises commercial real estate loans; construction and development real estate loans; residential real estate loans; commercial business loans for various lines of businesses, such as the manufacturing, service industry, and professional service areas; consumer real estate and home equity loans; and other consumer loans, including secured and unsecured installment loans and revolving lines of credit. In addition, it offers Internet banking, bill payment, cash management, safe deposit boxes, traveler’s checks, direct deposits, and automatic drafts services. The company operates eight retail offices locations in the Greenville, Lexington, Richland, and Charleston counties of South Carolina. Southern First Bancshares, Inc. was founded in 1999 and is headquartered in Greenville, South Carolina.

158 Employees
Last Reported Date: 01/27/15
Founded in 1999

southern first bancshares (SFST) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: $490.0K
President and President of Southern First Ban...
Total Annual Compensation: $365.0K
Executive Vice President of Southern First Ba...
Total Annual Compensation: $194.0K
Compensation as of Fiscal Year 2013.

southern first bancshares (SFST) Key Developments

Southern First Bancshares, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Southern First Bancshares, Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported interest income of $10,560,000 against $9,363,000 a year ago. Net interest income was $8,834,000 against $7,649,000 a year ago. Income before provision for income taxes was $2,911,000 against $2,040,000 a year ago. Net income was $1,983,000 against $1,439,000 a year ago. Net income available to common shareholders was $1,766,000 against $1,248,000 a year ago. Diluted earnings per share were $0.30 against diluted earnings per share of $0.27 a year ago. Book value per common share was $11.66 against $11.66 a year ago. Return on average assets was 0.78% against 0.65% a year ago. Return on average equity was 9.46% against 8.65% a year ago. For the year, the company reported interest income of $39,948,000 against $36,118,000 a year ago. Net interest income was $33,040,000 against $29,021,000 a year ago. Income before provision for income taxes was $9,738,000 against $5,695,000 a year ago. Net income was $6,625,000 against $5,120,000 a year ago. Net income available to common shareholders was $5,710,000 against $4,369,000 a year ago. Diluted earnings per share were $1.10 against diluted earnings per share of $0.98 a year ago. Return on average assets was 0.74% against 0.65% a year ago. Return on average equity was 9.86% against 8.80% a year ago. The increase in noninterest income during the three and twelve month periods ended December 31, 2014 relates primarily to increases in loan fee income and other income, as well as a $230,000 gain on sale of investment securities which occurred during the second quarter of 2014.

Southern First Bancshares, Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Net Loan Charge-Offs for the Third Quarter of 2014

Southern First Bancshares, Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income available to the common shareholders of $1.6 million, or $0.31 per diluted share compared to net income available to common shareholders was $1.2 million, or $0.27 per diluted share, for the third quarter of 2013. Total revenue increased 19.4% to $10.1 million compared to $8.4 million for the third quarter of 2013. Interest income was $10,253,000 compared to $9,100,000 a year ago. Net interest income was $8,491,000 compared to $7,363,000 a year ago. Income before provision for income taxes was $2,660,000 compared to $2,133,000 a year ago. Net income was $1,826,000 compared to $1,419,000 a year ago. Book value per common share was $12.91 compared to $11.47 a year ago. Return on average assets was 0.74% compared to 0.67% a year ago. Return on average equity was 9.86% compared to 8.74% a year ago. For the nine months ended September 30, 2014, net income to common shareholders was $3.9 million, or $0.79 per diluted share. In comparison, net income to common shareholders for the nine months ended September 30, 2013 was $3.1 million, or $0.71 per diluted share. Interest income was $29,388,000 compared to $26,754,000 a year ago. Net interest income was $24,206,000 compared to $21,371,000 a year ago. Income before provision for income taxes was $6,828,000 compared to $5,496,000 a year ago. Net income was $4,643,000 compared to $3,681,000 a year ago. In addition, net loan charge-offs for the third quarter of 2014 were $1.1 million, or 0.54% of average loans on an annual basis, and related primarily to three commercial relationships. Comparatively, the $799,000 in credit costs during the third quarter of 2013 related primarily to the provision for loan losses, combined with $25,000 of expenses related to the sale and management of other real estate owned.

Southern First Bancshares, Inc. Presents at FIG Partners 10th Annual Bank CEO Forum, Sep-15-2014

Southern First Bancshares, Inc. Presents at FIG Partners 10th Annual Bank CEO Forum, Sep-15-2014 . Venue: Four Seasons, Atlanta, Georgia, United States.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SFST:US $16.28 USD +0.03

SFST Competitors

Market data is delayed at least 15 minutes.

Company Last Change
1st Constitution Bancorp $11.32 USD -0.284
Citizens Holding Co $18.75 USD -0.2105
First South Bancorp Inc/Washington NC $8.05 USD +0.04
Community Financial Corp/The $19.25 USD -0.0399
Unity Bancorp Inc $9.36 USD -0.35
View Industry Companies
 

Industry Analysis

SFST

Industry Average

Valuation SFST Industry Range
Price/Earnings 14.8x
Price/Sales 2.6x
Price/Book 1.2x
Price/Cash Flow 15.3x
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SOUTHERN FIRST BANCSHARES, please visit www.southernfirst.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.