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Southern First Bancshares SFST Real Estate — 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 real estate — financing receivable allowance for credit losses?
Southern First Bancshares (SFST) reported real estate — financing receivable allowance for credit losses of $16.31M in Q1 2026.
How has Southern First Bancshares's real estate — financing receivable allowance for credit losses changed year-over-year?
Southern First Bancshares's real estate — financing receivable allowance for credit losses increased by 7.4% year-over-year, from $15.19M to $16.31M.
What is the long-term trend for Southern First Bancshares's real estate — financing receivable allowance for credit losses?
Over 3 years (2022 to 2025), Southern First Bancshares's real estate — financing receivable allowance for credit losses has grown at a 22.7% compound annual growth rate (CAGR), from $33.86M to $62.61M.
What does real estate — financing receivable allowance for credit losses mean?
Represents the contra-asset account established to account for estimated credit losses inherent in the real estate financing receivable portfolio. This balance reflects management's assessment of potential defaults and credit deterioration within the segment. It is a critical indicator of the bank's conservative approach to credit risk management.