Southern First Bancshares Inc. reported net income to common shareholders of $8.7 million for the three months ended September 30, 2025, compared to $4.4 million for the same period in 2024. Diluted earnings per share were $1.07 for the third quarter of 2025, up from $0.54 in the prior-year period. For the nine months ended September 30, 2025, net income to common shareholders was $20.5 million, compared to $9.9 million for the same period in 2024. Diluted earnings per share for the nine-month period were $2.54. The company attributed the increase in net income primarily to higher net interest income. As of September 30, 2025, total liabilities were $3.8 billion and shareholders' equity was $356.3 million, compared to liabilities of $3.8 billion and shareholders' equity of $330.4 million as of December 31, 2024. Deposits totaled $3.7 billion at September 30, 2025, up from $3.4 billion at the end of 2024. The principal component of the company's liabilities continued to be deposits. The company indicated that results for the three and nine month periods ended September 30, 2025, are not necessarily indicative of results for the full year ending December 31, 2025, or for any future period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern First Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001206774-25-000738), on October 31, 2025, and is solely responsible for the information contained therein.
