Greenville, SC · Cert 35295 · Southern First Bancshares Inc.
State charter, non-member · FDIC · 12 branches
Q2 2026
Market Position · Greenville-Anderson-Greer, SC · 2026 SOD (annual) · 6.6% share · #7 of 40 inst. · $1.7B of $26.1B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 0.60% | 0.68% | 0.75% | 0.91% | 0.96% | +36 bps | |
| Return on Equity | 7.09% | 8.00% | 8.71% | 10.48% | 11.01% | +392 bps | |
| Net Interest Margin | 2.35% | 2.39% | 2.46% | 2.78% | 2.71% | +36 bps | |
| Efficiency Ratio | 67.92% | 65.33% | 62.87% | 58.73% | 57.36% | -1,056 bps | |
| Non-Interest Burden | 1.50% | 1.46% | 1.43% | 1.50% | 1.43% | -7 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 4.84% | 4.44% | 7.74% | 6.76% | 9.12% | +428 bps | |
| Loan Growth (YoY) | 3.34% | 4.66% | 6.09% | 7.08% | 7.51% | +417 bps | |
| Deposit Growth (YoY) | 5.14% | 4.53% | 8.14% | 6.71% | 9.53% | +439 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.31% | 0.30% | 0.36% | 0.29% | 0.28% | -3 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | +1 bps | |
| Allowance / Loans | 1.10% | 1.10% | 1.10% | 1.10% | 1.09% | 0 bps | |
| Allowance Coverage of NPLs | 3.6x | 3.6x | 3.1x | 3.8x | 4.0x | +0.4x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 8.90% | 8.88% | 9.06% | 9.16% | 8.89% | -1 bps | |
| Total Risk-Based Capital | 12.58% | 12.72% | 12.85% | 12.80% | 12.84% | +26 bps | |
| Equity / Assets | 8.49% | 8.63% | 8.79% | 8.67% | 8.68% | +19 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 102.81% | 102.77% | 103.39% | 101.73% | 100.92% | -189 bps | |
| Liquid Assets / Assets | 5.04% | 5.27% | 4.85% | 6.25% | 6.54% | +150 bps | |
| CRE / Total Capital | n/a | 441% | 441% | 445% | n/a | n/a | |