SOUTHERN FIRST BANCSHARES INC
For the period ended Mar 31, 2024. Filed Apr 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 30, 2024
SFST$60.82+2.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Shareholders’ Equity
*(Unaudited)
| For the three months ended March 31, | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| (dollars in thousands, · Common stock · Preferred stock · Nonvested restricted · Additional paid-in · Accumulated other comprehensive · Retained | ||||||||||
| except share data) · Shares · Amount · Shares · Amount · stock · capital · income (loss) · earnings · Total | ||||||||||
| December 31, 2022 | 8,011,045 | $80 | - | $ | - | $(3,306) | $119,027 | $(13,410) | $192,121 | $294,512 |
| Net income | - | - | - | - | - | - | - | 2,703 | 2,703 | |
| Proceeds from exercise of stock options | 1,000 | - | - | - | - | 17 | - | - | 17 | |
| Issuance of restricted stock Retained earnings | 35,930 | - | - | - | (1,521) | 1,521 | - | - | - | |
| Compensation expense related to restricted stock, net of tax | - | - | - | - | 365 | - | - | - | 365 | |
| Compensation expense related to stock options, net of tax Common stock | - | - | - | - | - | 118 | - | - | 118 | |
| Other comprehensive income | - | - | - | - | - | - | 1,635 | - | 1,635 | |
| Additional paid-in capital | ||||||||||
| March 31, 2023 Preferred stock | 8,047,975 | $80 | - | $ | - | $(4,462) | $120,683 | $(11,775) | $194,824 | $299,350 |
| December 31, 2023 | 8,088,186 | $81 | - | $ | - | $(3,596) | $121,777 | $(11,342) | $205,547 | $312,467 |
| Net income | - | - | - | - | - | - | - | 2,522 | 2,522 | |
| Proceeds from exercise of stock options | 11,000 | - | - | - | - | 167 | - | - | 167 | |
| Issuance of restricted stock, net of forfeitures | 56,923 | 1 | - | - | (2,112) | 2,111 | - | - | - | |
| Compensation expense related to restricted stock, net of tax | - | - | - | - | 451 | - | - | - | 451 | |
| Compensation expense related to stock options, net of tax | - | - | - | - | - | 104 | - | - | 104 | |
| Other comprehensive loss | - | - | - | - | - | - | (455) | - | (455) | |
| Accumulated other comprehensive income (loss) | ||||||||||
| March 31, 2024 | 8,156,109 | $82 | - | $ | - | $(5,257) | $124,159 | $(11,797) | $208,069 | $315,256 |
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