Southern First Bancshares, Inc. (SFST) financial statements (2022 and earlier)

Company profile

Business Address 100 VERDAE BOULEVARD
GREENVILLE, SC 29607
State of Incorp. SC
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8610112873924763
Cash and cash equivalents8610112873924763
Total current assets:8610112873924763
Noncurrent Assets
Property, plant and equipment92605832322824
Deferred income tax assets810 
Total noncurrent assets:101705832322824
Other undisclosed assets2,7392,3122,0811,7951,5001,2661,130
TOTAL ASSETS:2,9262,4832,2671,9011,6251,3411,217
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt    71919
Total current liabilities:    71919
Noncurrent Liabilities
Other undisclosed liabilities2,6482,2542,0611,7271,4681,2121,104
Total liabilities:2,6482,2542,0611,7271,4751,2311,123
Stockholders' equity
Stockholders' equity attributable to parent, including:27822820617415011094
Additional paid in capital1141091061031007370
Accumulated other comprehensive income (loss)(1)1(0)(1)(0)(1)(0)
Retained earnings16611910173513825
Other undisclosed stockholders' equity attributable to parent(1)(1)(1)(1)(0)(1)(0)
Total stockholders' equity:27822820617415011094
TOTAL LIABILITIES AND EQUITY:2,9262,4832,2671,9011,6251,3411,217

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues92939175665751
Net investment income92939175604944
Cost of revenue (30)(2)(2)(2)(2)(3)
Provision for loan, lease, and other losses (30)(2)(2)
Financial services costs(2)(2)(3)
Gross profit:92648873645547
Operating expenses(15)(13)(12)(11)(31)(27)(25)
Operating income:77517662332823
Nonoperating income (expense)1(0)11111
Bank owned life insurance income1111111
Loss from real estate operations(0)(1)     
Interest and debt expense(5)(15)(25)(17)(10)(8)(8)
Income from continuing operations before equity method investments, income taxes:72365247232016
Other undisclosed income (loss) from continuing operations before income taxes(12)(12)(16)(18)00(0)
Income from continuing operations before income taxes:61243529242016
Income tax expense(14)(5)(8)(6)(11)(7)(5)
Net income available to common stockholders, diluted:47182822131310

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:47182822131310
Comprehensive income:47182822131310
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(2)11(0)0(1)(0)
Comprehensive income, net of tax, attributable to parent:45202822131310

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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