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Southern First Bancshares SFST Construction — Financing Receivable Allowance For Credit Losses

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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:FinancingReceivableAllowanceForCreditLosses.

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 construction — financing receivable allowance for credit losses?
Southern First Bancshares (SFST) reported construction — financing receivable allowance for credit losses of $982K in Q1 2026.
How has Southern First Bancshares's construction — financing receivable allowance for credit losses changed year-over-year?
Southern First Bancshares's construction — financing receivable allowance for credit losses increased by 68.7% year-over-year, from $582K to $982K.
What is the long-term trend for Southern First Bancshares's construction — financing receivable allowance for credit losses?
Over 3 years (2022 to 2025), Southern First Bancshares's construction — financing receivable allowance for credit losses has grown at a -18.7% compound annual growth rate (CAGR), from $4.26M to $2.29M.
What does construction — financing receivable allowance for credit losses mean?
The total reserve amount set aside to cover estimated credit losses specifically within the construction loan portfolio. This allowance represents management's assessment of potential defaults and non-recoverable balances. It is a critical metric for evaluating the bank's risk management and the perceived credit quality of its construction assets.