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Southern First Bancshares SFST Provision for Credit Losses

Provision for Credit Losses at other companies

Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$1.14B+21.8%
SouthState logo
SouthStateSSB
$10.81M-89.3%
Southside Bancshares logo
Southside BancsharesSBSI
$1.41M+86.0%
Shore Bancshares logo
Shore BancsharesSHBI
$85K-91.7%
Eagle Bancorp logo
Eagle BancorpEGBN
$13.38M-49.0%
Bank First Corporation logo
Bank First CorporationBFC
$0+100%

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$33.8M+27.6%
Net income$9.9M+87.8%
EPS (diluted)$1.19+83.1%

Balance sheet

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Cash & equivalents$342.8M+1,276%
Total debt$22.1M-6.3%
Total equity$379.4M+12.4%
Total assets$4.6B+6.9%

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$561.16M+93.1%
P/E16×+0.1×
P/S4.5×+1.5×

Profitability

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Net margin27.9%+9.4pp
FCF margin28.1%-9.9pp

Returns & leverage

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Return on equity9.8%+4.2pp
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 official record: Southern First Bancshares’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Southern First Bancshares's provision for credit losses?
Southern First Bancshares (SFST) reported provision for credit losses of $1.3M in Q1 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 73.3% year-over-year, from $750K to $1.3M.
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?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.