Southern First Bancshares, Inc. (SFST) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1011287392476341
Cash and cash equivalents1011287392476341
Total current assets:1011287392476341
Noncurrent Assets
Property, plant and equipment60583232282421
Deferred income tax assets10 
Total noncurrent assets:70583232282421
Other undisclosed assets2,3122,0811,7951,5001,2661,130968
TOTAL ASSETS:2,4832,2671,9011,6251,3411,2171,030
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt   7191919
Total current liabilities:   7191919
Noncurrent Liabilities
Other undisclosed liabilities2,2542,0611,7271,4681,2121,104928
Total liabilities:2,2542,0611,7271,4751,2311,123947
Stockholders' equity
Stockholders' equity attributable to parent, including:2282061741501109483
Additional paid in capital109106103100737069
Accumulated other comprehensive income (loss)1(0)(1)(0)(1)(0)0
Retained earnings1191017351382514
Other undisclosed stockholders' equity attributable to parent(1)(1)(1)(0)(1)(0)(0)
Total stockholders' equity:2282061741501109483
TOTAL LIABILITIES AND EQUITY:2,4832,2671,9011,6251,3411,2171,030

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues93917566575145
Net investment income93917560494438
Cost of revenue(30)(2)(2)(2)(2)(3)(4)
Provision for loan, lease, and other losses(30)(2)(2)
Financial services costs(2)(2)(3)(4)
Gross profit:64887364554741
Operating expenses(13)(12)(11)(31)(27)(25)(22)
Operating income:51766233282319
Nonoperating income (expense)(0)111111
Bank owned life insurance income1111111
Loss from real estate operations(1)      
Interest and debt expense(15)(25)(17)(10)(8)(8)(7)
Income from continuing operations before equity method investments, income taxes:36524723201612
Other undisclosed income (loss) from continuing operations before income taxes(12)(16)(18)00(0)(3)
Income from continuing operations before income taxes:24352924201610
Income tax expense(5)(8)(6)(11)(7)(5)(3)
Net income attributable to parent:1828221313107
Other undisclosed net loss available to common stockholders, basic      (1)
Net income available to common stockholders, diluted:1828221313106

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1828221313107
Comprehensive income:1828221313107
Other undisclosed comprehensive income (loss), net of tax, attributable to parent11(0)0(1)(0)2
Comprehensive income, net of tax, attributable to parent:2028221313108

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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