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Southern First Bancshares SFST Provision for Credit Losses

Provision for Credit Losses at other companies

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Wells Fargo & CompanyWFC
$914M-9.1%
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Truist FinancialTFC
$395M-19.1%
SouthState logo
SouthStateSSB
$15.92M+214%
Southside Bancshares logo
Southside BancsharesSBSI
$83K-86.7%
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Shore BancsharesSHBI
$896K
Eagle Bancorp logo
Eagle BancorpEGBN
$21.45M-84.5%

Segments

By product

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Business$1.34M-60.6%
Non Owner Occupied Re-$902K+68.7%
Home Equitys$623K+156%
Owner Occupied Re-$451K+70.9%
Real Estate$448K-84.2%
Construction$371K-0.3%

Other financials

Income statement

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Revenue$35.9M+25.3%
Net income$11.2M+70.1%
EPS (diluted)$1.20+48.1%

Balance sheet

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Cash & equivalents$361.6M+1,336%
Total debt$22.1M-6.3%
Total equity$452.3M+30.9%
Total assets$4.7B+9.1%

Cash flow

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Operating cash flow$10.8M+42.1%
CapEx$280.0K+98.6%
Free cash flow$10.5M+41.0%

Valuation

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Market cap$599.85M+79.8%
P/E15.2×-0.1×
P/S4.5×+1.3×

Profitability

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Net margin29.9%+8.9pp
FCF margin28.1%-9.9pp

Returns & leverage

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Return on equity9.9%+3.3pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Southern First Bancshares in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Southern First Bancshares’s 8-K, filed July 21, 2026. Open the filing →

Filed
Jul 21, 2026, 8:30 AM EDT
Accession
0001206774-26-000359

FAQ

What is Southern First Bancshares's provision for credit losses?
Southern First Bancshares (SFST) reported provision for credit losses of $1.03M in Q2 2026.
How has Southern First Bancshares's provision for credit losses changed year-over-year?
Southern First Bancshares's provision for credit losses increased by 46.4% year-over-year, from $700K to $1.03M.
What is the long-term trend for Southern First Bancshares's provision for credit losses?
Over 2 years (2021 to 2025), Southern First Bancshares's provision for credit losses has grown at a -51.2% compound annual growth rate (CAGR), from -$12.4M to $2.95M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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