Call reports 2025
SOUTHERN FIRST BANK — 2025
What SOUTHERN FIRST BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 4,291,482,000 | 4,309,811,000 | 4,361,508,000 | 4,406,861,000 |
| Total loans | 3,696,604,000 | 3,759,200,000 | 3,797,687,000 | 3,858,650,000 |
| Allowance for loan losses | 40,687,000 | 41,285,000 | 41,799,000 | 42,280,000 |
| Securities available for sale | 131,289,000 | 128,867,000 | 131,040,000 | 127,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,646,426,000 | 3,656,493,000 | 3,695,199,000 | 3,732,295,000 |
| Interest-bearing deposits | 2,947,893,000 | 2,873,497,000 | 2,944,366,000 | 2,985,862,000 |
| Noninterest-bearing deposits | 698,533,000 | 782,996,000 | 750,833,000 | 746,433,000 |
| Equity capital | 358,539,000 | 365,973,000 | 376,239,000 | 387,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 49,682,000 | 102,048,000 | 157,130,000 | 211,716,000 |
| Interest expense | 25,814,000 | 52,385,000 | 79,385,000 | 104,734,000 |
| Net interest income | 23,868,000 | 49,663,000 | 77,745,000 | 106,982,000 |
| Noninterest income | 3,118,000 | 6,420,000 | 9,827,000 | 13,419,000 |
| Noninterest expense | 18,801,000 | 38,090,000 | 57,214,000 | 75,697,000 |
| Provision for loan losses | 750,000 | 1,400,000 | 1,900,000 | 2,450,000 |
| Pretax income | 7,435,000 | 16,593,000 | 28,458,000 | 41,739,000 |
| Income tax | 1,755,000 | 3,886,000 | 6,668,000 | 9,687,000 |
| Net income | 5,680,000 | 12,707,000 | 21,790,000 | 32,052,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 368,555,000 | 375,582,000 | 384,665,000 | 394,927,000 |
| Total capital | 409,028,000 | 416,867,000 | 426,464,000 | 437,207,000 |
| Risk-weighted assets | 3,237,681,000 | 3,314,211,000 | 3,353,561,000 | 3,401,504,000 |