2024 Q1 Form 10-K Financial Statement

#000120677424000233 Filed on March 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.164M $4.036M
YoY Change 87.14% -3.86%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.214M $1.206M $4.800M
YoY Change 0.91% 2.46% 29.73%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $29.72M $99.94M
YoY Change 65.97% 398.7%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.384M $5.337M $17.43M
YoY Change -4.38% -24.7% -54.28%
Income Tax $862.0K $1.170M $4.001M
% Of Pretax Income 25.47% 21.92% 22.96%
Net Earnings $2.522M $4.167M $13.43M
YoY Change -6.7% -24.13% -53.89%
Net Earnings / Revenue 216.67% 332.66%
Basic Earnings Per Share $0.31 $1.67
Diluted Earnings Per Share $0.31 $0.52 $1.66
COMMON SHARES
Basic Shares Outstanding 8.156M shares 8.089M shares 8.047M shares
Diluted Shares Outstanding 8.142M shares 8.078M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $167.3M $156.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $93.01M $94.30M $94.30M
YoY Change -4.91% -4.92% -4.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.32M $12.20M $12.20M
YoY Change 1.94% -2.57% -2.57%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $4.106B $4.056B $4.056B
YoY Change 4.25% 9.85% 9.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $24.30M $24.60M $24.60M
YoY Change -4.71% -4.65% -4.65%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $24.30M $24.60M $24.60M
YoY Change -4.71% -4.65% -4.65%
LONG-TERM LIABILITIES
Long-Term Debt $36.35M $36.32M $36.32M
YoY Change 0.3% 0.3% 0.3%
Other Long-Term Liabilities $53.42M $52.44M $52.44M
YoY Change 111.35% 0.09% 0.09%
Total Long-Term Liabilities $89.77M $88.76M $88.76M
YoY Change 45.92% 0.17% 0.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.30M $24.60M $24.60M
Total Long-Term Liabilities $89.77M $88.76M $88.76M
Total Liabilities $3.790B $3.743B $3.743B
YoY Change 4.17% 10.18% 10.18%
SHAREHOLDERS EQUITY
Retained Earnings $208.1M $205.5M
YoY Change 6.8% 6.99%
Common Stock $82.00K $81.00K
YoY Change 2.5% 1.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $315.3M $312.5M $312.5M
YoY Change
Total Liabilities & Shareholders Equity $4.106B $4.056B $4.056B
YoY Change 4.25% 9.85% 9.85%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $2.522M $4.167M $13.43M
YoY Change -6.7% -24.13% -53.89%
Depreciation, Depletion And Amortization $1.214M $1.206M $4.800M
YoY Change 0.91% 2.46% 29.73%
Cash From Operating Activities -$2.924M $6.863M $17.65M
YoY Change -336.38% -49.04% -64.91%
INVESTING ACTIVITIES
Capital Expenditures $280.0K $122.0K $1.242M
YoY Change 55.56% -85.05% -91.1%
Acquisitions
YoY Change
Other Investing Activities -$31.94M -$34.77M -$377.3M
YoY Change -77.61% -86.09% -51.54%
Cash From Investing Activities -$32.22M -$34.89M -$378.6M
YoY Change -77.44% -86.08% -52.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $46.28M 31.82M $346.2M
YoY Change -80.95% -87.15% -53.59%
NET CHANGE
Cash From Operating Activities -$2.924M 6.863M $17.65M
Cash From Investing Activities -$32.22M -34.89M -$378.6M
Cash From Financing Activities $46.28M 31.82M $346.2M
Net Change In Cash $11.14M 3.786M -$14.70M
YoY Change -89.01% -63.13% -501.2%
FREE CASH FLOW
Cash From Operating Activities -$2.924M $6.863M $17.65M
Capital Expenditures $280.0K $122.0K $1.242M
Free Cash Flow -$3.204M $6.741M $16.41M
YoY Change -403.12% -46.72% -54.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001090009
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023 SFST Net Lender And Referral Fees On Ppp Loans
NetLenderAndReferralFeesOnPppLoans
usd
CY2022 SFST Net Lender And Referral Fees On Ppp Loans
NetLenderAndReferralFeesOnPppLoans
usd
CY2023 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
usd
CY2023 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
usd
CY2023 SFST Real Estate Owned Expenses
RealEstateOwnedExpenses
usd
CY2022 SFST Real Estate Owned Expenses
RealEstateOwnedExpenses
usd
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
usd
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
usd
CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
usd
CY2023 SFST Loss On Sale Of Real Estate Owned
LossOnSaleOfRealEstateOwned
usd
CY2022 SFST Loss On Sale Of Real Estate Owned
LossOnSaleOfRealEstateOwned
usd
CY2023 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
usd
CY2023 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
usd
CY2022 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
usd
CY2023 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
usd
CY2023 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
usd
CY2022 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
usd
CY2023 SFST Foreclosure Of Other Real Estate
ForeclosureOfOtherRealEstate
usd
CY2022 SFST Foreclosure Of Other Real Estate
ForeclosureOfOtherRealEstate
usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
usd
CY2023 SFST Current Period Gross Writeoffs2023
CurrentPeriodGrossWriteoffs2023
usd
CY2023 SFST Current Period Gross Writeoffs2021
CurrentPeriodGrossWriteoffs2021
usd
CY2023 SFST Current Period Gross Writeoffs2019
CurrentPeriodGrossWriteoffs2019
usd
CY2022 SFST Current Period Gross Writeoffs2023
CurrentPeriodGrossWriteoffs2023
usd
CY2022 SFST Current Period Gross Writeoffs2021
CurrentPeriodGrossWriteoffs2021
usd
CY2022 SFST Current Period Gross Writeoffs2019
CurrentPeriodGrossWriteoffs2019
usd
CY2022 SFST Current Period Gross Writeoffs Revolving Convert Term
CurrentPeriodGrossWriteoffsRevolvingConvertTerm
usd
CY2023Q4 SFST Nonaccruing Td Rs
NonaccruingTDRs
usd
CY2023Q4 SFST Other Real Estate Owned
OtherRealEstateOwned
usd
CY2022Q4 SFST Other Real Estate Owned
OtherRealEstateOwned
usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
usd
CY2023Q4 SFST Accruing Troubled Debt Restructurings
AccruingTroubledDebtRestructurings
usd
CY2023Q4 SFST Business Assets
BusinessAssets
usd
CY2023Q4 us-gaap Other Loans Payable
OtherLoansPayable
usd
CY2022Q4 SFST Business Assets
BusinessAssets
usd
CY2022Q4 us-gaap Other Loans Payable
OtherLoansPayable
usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
000-27719
CY2023 dei Entity Registrant Name
EntityRegistrantName
Southern First Bancshares, Inc.
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
SC
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
58-2459561
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
6 Verdae Boulevard
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Greenville
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
SC
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
29607
CY2023 dei City Area Code
CityAreaCode
864
CY2023 dei Local Phone Number
LocalPhoneNumber
679-9000
CY2023 dei Security12b Title
Security12bTitle
Common Stock
CY2023 dei Trading Symbol
TradingSymbol
SFST
CY2023 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
false
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
186359362 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
8156109 shares
CY2023 dei Auditor Firm
AuditorFirmId
149
CY2023 dei Auditor Name
AuditorName
Elliott Davis, LLC
CY2023 dei Auditor Location
AuditorLocation
Greenville, South Carolina
CY2023Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
28020000 usd
CY2022Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
18788000 usd
CY2023Q4 us-gaap Federal Funds Sold
FederalFundsSold
119349000 usd
CY2022Q4 us-gaap Federal Funds Sold
FederalFundsSold
101277000 usd
CY2023Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
8801000 usd
CY2022Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
50809000 usd
CY2023Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
156170000 usd
CY2022Q4 us-gaap Cash Cash Equivalents And Federal Funds Sold
CashCashEquivalentsAndFederalFundsSold
170874000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
134702000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
93347000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13410000 usd
CY2023Q4 us-gaap Other Investments
OtherInvestments
19939000 usd
CY2022Q4 us-gaap Other Investments
OtherInvestments
10833000 usd
CY2023Q4 us-gaap Investments
Investments
154641000 usd
CY2022Q4 us-gaap Investments
Investments
104180000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
7194000 usd
CY2022Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
3917000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3602627000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3273363000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
40682000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
38639000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
3561945000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
3234724000 usd
CY2023Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
52501000 usd
CY2022Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
51122000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
94301000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
99183000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
12200000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
12522000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
16837000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
15459000 usd
CY2023Q4 us-gaap Assets
Assets
4055789000 usd
CY2022Q4 us-gaap Assets
Assets
3691981000 usd
CY2023Q4 us-gaap Deposits
Deposits
3379564000 usd
CY2022Q4 us-gaap Deposits
Deposits
3133864000 usd
CY2023Q4 SFST Federal Home Loan Bank Advancesand Other Borrowings Amount
FederalHomeLoanBankAdvancesandOtherBorrowingsAmount
275000000 usd
CY2022Q4 SFST Federal Home Loan Bank Advancesand Other Borrowings Amount
FederalHomeLoanBankAdvancesandOtherBorrowingsAmount
175000000 usd
CY2023Q4 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
36322000 usd
CY2022Q4 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
36214000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
52436000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
52391000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
3743322000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
3397469000 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8088186 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8088186 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
8011045 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
8011045 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
81000 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
80000 usd
CY2023Q4 SFST Nonvested Restricted Stock Value
NonvestedRestrictedStockValue
3596000 usd
CY2022Q4 SFST Nonvested Restricted Stock Value
NonvestedRestrictedStockValue
3306000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
121777000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
119027000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-11342000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
205547000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
192121000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
312467000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
294512000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4055789000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3691981000 usd
CY2023 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
166137000 usd
CY2022 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
114233000 usd
CY2021 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
91599000 usd
CY2023 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
4463000 usd
CY2022 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
1990000 usd
CY2021 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
1335000 usd
CY2023 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
6998000 usd
CY2022 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
1439000 usd
CY2021 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
233000 usd
CY2023 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
177598000 usd
CY2022 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
117662000 usd
CY2021 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
93167000 usd
CY2023 us-gaap Interest Expense Deposits
InterestExpenseDeposits
91373000 usd
CY2022 us-gaap Interest Expense Deposits
InterestExpenseDeposits
18102000 usd
CY2021 us-gaap Interest Expense Deposits
InterestExpenseDeposits
3909000 usd
CY2023 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
8571000 usd
CY2022 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1939000 usd
CY2021 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1526000 usd
CY2023 us-gaap Interest Expense
InterestExpense
99944000 usd
CY2022 us-gaap Interest Expense
InterestExpense
20041000 usd
CY2021 us-gaap Interest Expense
InterestExpense
5435000 usd
CY2023 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
77654000 usd
CY2022 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
97621000 usd
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
87732000 usd
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1260000 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
6155000 usd
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-12400000 usd
CY2023 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
76394000 usd
CY2022 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
91466000 usd
CY2021 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
100132000 usd
CY2023 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4036000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4198000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
11376000 usd
CY2023 SFST Service Fees On Deposit Accounts
ServiceFeesOnDepositAccounts
1382000 usd
CY2022 SFST Service Fees On Deposit Accounts
ServiceFeesOnDepositAccounts
1265000 usd
CY2021 SFST Service Fees On Deposit Accounts
ServiceFeesOnDepositAccounts
1174000 usd
CY2023 SFST Product Or Service On Debit Card
ProductOrServiceOnDebitCard
2245000 usd
CY2022 SFST Product Or Service On Debit Card
ProductOrServiceOnDebitCard
2163000 usd
CY2021 SFST Product Or Service On Debit Card
ProductOrServiceOnDebitCard
2037000 usd
CY2023 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1379000 usd
CY2022 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1289000 usd
CY2021 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1231000 usd
CY2021 SFST Net Lender And Referral Fees On Ppp Loans
NetLenderAndReferralFeesOnPppLoans
268000 usd
CY2022 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-394000 usd
CY2021 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
10000 usd
CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
12000 usd
CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-3000 usd
CY2023 us-gaap Noninterest Income Other
NoninterestIncomeOther
818000 usd
CY2022 us-gaap Noninterest Income Other
NoninterestIncomeOther
1047000 usd
CY2021 us-gaap Noninterest Income Other
NoninterestIncomeOther
1008000 usd
CY2023 us-gaap Noninterest Income
NoninterestIncome
9860000 usd
CY2022 us-gaap Noninterest Income
NoninterestIncome
9580000 usd
CY2021 us-gaap Noninterest Income
NoninterestIncome
17101000 usd
CY2023 us-gaap Labor And Related Expense
LaborAndRelatedExpense
40275000 usd
CY2022 us-gaap Labor And Related Expense
LaborAndRelatedExpense
38790000 usd
CY2021 us-gaap Labor And Related Expense
LaborAndRelatedExpense
36103000 usd
CY2023 us-gaap Occupancy Net
OccupancyNet
10255000 usd
CY2022 us-gaap Occupancy Net
OccupancyNet
9105000 usd
CY2021 us-gaap Occupancy Net
OccupancyNet
6956000 usd
CY2021 SFST Real Estate Owned Expenses
RealEstateOwnedExpenses
385000 usd
CY2023 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
7078000 usd
CY2022 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
6112000 usd
CY2021 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
5468000 usd
CY2023 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
3766000 usd
CY2022 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1686000 usd
CY2021 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1149000 usd
CY2023 us-gaap Professional Fees
ProfessionalFees
2496000 usd
CY2022 us-gaap Professional Fees
ProfessionalFees
2635000 usd
CY2021 us-gaap Professional Fees
ProfessionalFees
2589000 usd
CY2023 us-gaap Marketing Expense
MarketingExpense
1357000 usd
CY2022 us-gaap Marketing Expense
MarketingExpense
1216000 usd
CY2021 us-gaap Marketing Expense
MarketingExpense
905000 usd
CY2023 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3600000 usd
CY2022 us-gaap Other Noninterest Expense
OtherNoninterestExpense
3389000 usd
CY2021 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2875000 usd
CY2023 us-gaap Noninterest Expense
NoninterestExpense
68827000 usd
CY2022 us-gaap Noninterest Expense
NoninterestExpense
62933000 usd
CY2021 us-gaap Noninterest Expense
NoninterestExpense
56430000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
17427000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
38113000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
60803000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4001000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8998000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14092000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
13426000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
29115000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
46711000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.67
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.66
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.96
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.61
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.85
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8046633 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7958294 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7843692 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8078454 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8071690 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7988980 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
13426000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
29115000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
46711000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2620000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-16027000 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2232000 usd
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
552000 usd
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-3367000 usd
CY2021 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-467000 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
12000 usd
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-3000 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
2000 usd
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-1000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2068000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-12670000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1763000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15494000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16445000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
44948000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
228294000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
46711000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3012000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
499000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1148000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1763000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
277901000 usd
CY2022 SFST Adoption Of Asu201613
AdoptionOfASU201613
-2765000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
29115000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
905000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1099000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
927000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-12670000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
294512000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
13426000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
518000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
1415000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
528000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2068000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
312467000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
13426000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
29115000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
46711000 usd
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1260000 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
6155000 usd
CY2021 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-12400000 usd
CY2023 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
4816000 usd
CY2022 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
3698000 usd
CY2021 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
2319000 usd
CY2023 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-61000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-694000 usd
CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-935000 usd
CY2021 SFST Loss On Sale Of Real Estate Owned
LossOnSaleOfRealEstateOwned
376000 usd
CY2022 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
12000 usd
CY2021 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-3000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-394000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
10000 usd
CY2023 SFST Operating Lease Payment
OperatingLeasePayment
233000 usd
CY2022 SFST Operating Lease Payment
OperatingLeasePayment
872000 usd
CY2021 SFST Operating Lease Payment
OperatingLeasePayment
605000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
1943000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
2026000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
1647000 usd
CY2023 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
3790000 usd
CY2022 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2914000 usd
CY2021 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
13676000 usd
CY2023 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
147040000 usd
CY2022 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
165698000 usd
CY2021 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
486145000 usd
CY2023 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
147553000 usd
CY2022 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
178251000 usd
CY2021 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
546522000 usd
CY2023 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1379000 usd
CY2022 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1289000 usd
CY2021 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1231000 usd
CY2023 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
230000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
22000 usd
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-1589000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1378000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5047000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2126000 usd
CY2023 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2178000 usd
CY2022 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4082000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-11302000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17653000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
50305000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
78069000 usd
CY2023 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
329431000 usd
CY2022 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
782130000 usd
CY2021 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
348718000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1242000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13950000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26509000 usd
CY2023 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
63224000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
13048000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
49393000 usd
CY2023 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
51642000 usd
CY2022 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
27751000 usd
CY2021 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
2250000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
7928000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
10833000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
20673000 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
42536000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
20939000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Other Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments
1861000 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
16500000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
12429000 usd
CY2021 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
7500000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
95000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
50000 usd
CY2021 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
1159000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-378575000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-792583000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-410627000 usd
CY2023 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
245700000 usd
CY2022 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
570038000 usd
CY2021 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
421068000 usd
CY2023 SFST Decrease In Federal Home Loan Bank Advances And Other Borrowings
DecreaseInFederalHomeLoanBankAdvancesAndOtherBorrowings
-100000000 usd
CY2022 SFST Decrease In Federal Home Loan Bank Advances And Other Borrowings
DecreaseInFederalHomeLoanBankAdvancesAndOtherBorrowings
-175000000 usd
CY2021 SFST Decrease In Federal Home Loan Bank Advances And Other Borrowings
DecreaseInFederalHomeLoanBankAdvancesAndOtherBorrowings
25000000 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
518000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
905000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3012000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
346218000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
745943000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
399080000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-14704000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3665000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
66522000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
170874000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
167209000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
100687000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
156170000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
170874000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
167209000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
93351000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
18877000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
6402000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
1514000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
11828000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
21652000 usd
CY2021 SFST Foreclosure Of Other Real Estate
ForeclosureOfOtherRealEstate
367000 usd
CY2023 SFST Unrealized Gainloss On Securities Net Of Income Taxes
UnrealizedGainlossOnSecuritiesNetOfIncomeTaxes
2068000 usd
CY2022 SFST Unrealized Gainloss On Securities Net Of Income Taxes
UnrealizedGainlossOnSecuritiesNetOfIncomeTaxes
-12660000 usd
CY2021 SFST Unrealized Gainloss On Securities Net Of Income Taxes
UnrealizedGainlossOnSecuritiesNetOfIncomeTaxes
-1765000 usd
CY2023 SFST Operating Leases
OperatingLeases
145000 usd
CY2022 SFST Operating Leases
OperatingLeases
595000 usd
CY2021 SFST Operating Leases
OperatingLeases
10221000 usd
CY2023Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
3473000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_845_eus-gaap--UseOfEstimates_zcQL190CUYG2" style="font: italic 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: justify"><span id="xdx_869_z9PxkzdBIS5h">Use of Estimates</span></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amount of income and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for credit losses, derivatives, real estate acquired in settlement of loans, fair value of financial instruments, evaluating investment securities for credit impairment and valuation of deferred tax assets.</p>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84E_eus-gaap--ConcentrationRiskCreditRisk_z43HUGA9i2c2" style="font: italic 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: justify"><span id="xdx_864_z7mxeCsMyTvj">Risks and Uncertainties</span></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify">In the normal course of its business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on different bases, than its interest-earning assets. Credit risk is the risk of default within the Company’s loan portfolio that results from borrowers’ inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans receivable and the valuation of real estate held by the Company. There were three significant bank failures in the first five months of 2023, primarily due to the failed banks’ lack of liquidity as depositors sought to withdraw their deposits. Due to rising interest rates, the failed banks were unable to sell investment securities held to meet liquidity needs without realizing substantial losses. As a result of the recent bank failures and in an effort to strengthen public confidence in the banking system and protect depositors, regulators announced that any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law, which has and could continue to increase the cost of our FDIC insurance assessments. The continued impact of these bank failures on the economy, financial institutions and their depositors, as well as any governmental regulatory responses or actions resulting from the same, is difficult to predict at this time.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify">The Company is subject to the regulations of various governmental agencies. These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to changes with respect to valuation of assets, amount of required credit loss allowance and operating restrictions resulting from the regulators’ judgments based on information available to them at the time of their examinations.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify">The Bank makes loans to individuals and businesses in the Upstate, Midlands, and Lowcountry regions of South Carolina as well as the Triangle, Triad and Charlotte regions of North Carolina and Atlanta, Georgia for various personal and commercial purposes. The Bank’s loan portfolio has a concentration of real estate loans. As of December 31, 2023 and 2022, real estate loans represented <span id="xdx_902_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pip0_dp_c20231231_zTLN9Xlc4ed5" title="Real estate loan percentage"><span id="xdx_901_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pip0_dp_c20221231_zD0k3JwA845e" title="Real estate loan percentage">84.8</span></span>% of total loans. However, borrowers’ ability to repay their loans is not dependent upon any specific economic sector.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify">As of December 31, 2023, the Company’s and the Bank’s capital ratios were in excess of all regulatory requirements. While management believes that we have sufficient capital to withstand an extended economic recession, our reported and regulatory capital ratios could be adversely impacted by future credit losses.</p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify">The Company maintains access to multiple sources of liquidity, including a $<span id="xdx_905_eus-gaap--LineOfCreditAssumed1_pn3n3_dm_c20230101__20231231_zbXTUigO7ZC3" title="Line of credit">15</span>.0 million holding company line of credit with another bank which could be used to support capital ratios at the subsidiary bank. As of December 31, 2023, the $<span id="xdx_902_eus-gaap--LineOfCreditFacilityRemainingBorrowingCapacity_iI_pn3n3_dm_c20231231_zLa8Je5SI9Q2" title="Unused line">15</span>.0 million line was unused.</p>
CY2023Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.848 pure
CY2022Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.848 pure
CY2023 us-gaap Line Of Credit Assumed1
LineOfCreditAssumed1
15000000 usd
CY2023Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
15000000 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_84A_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zUylvuVzheha" style="font: italic 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: justify"><span id="xdx_861_zBjGvyS1Nl95">Reclassifications</span></p> <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify">Certain amounts, previously reported, have been reclassified to state all periods on a comparable basis and had no effect on shareholders’ equity or net income.</p>
CY2023 us-gaap Allowance For Loan And Lease Losses Period Increase Decrease
AllowanceForLoanAndLeaseLossesPeriodIncreaseDecrease
1500000 usd
CY2023 SFST Liability For Unfunded Commitments
LiabilityForUnfundedCommitments
2000000 usd
CY2023Q4 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
2800000 usd
CY2023 SFST Accrued Interest Receivable
AccruedInterestReceivable
530000 usd
CY2022 SFST Accrued Interest Receivable
AccruedInterestReceivable
382000 usd
CY2023 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
11600000 usd
CY2022 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
8900000 usd
CY2022Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
1180000 usd
CY2023 SFST Proceeds From Sale Of Investment Securities
ProceedsFromSaleOfInvestmentSecurities
16500000 usd
CY2022 SFST Proceeds From Sale Of Investment Securities
ProceedsFromSaleOfInvestmentSecurities
12600000 usd
CY2022 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
83000 usd
CY2022 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
71000 usd
CY2021 SFST Proceeds From Sale Of Investment Securities
ProceedsFromSaleOfInvestmentSecurities
770000 usd
CY2021 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
6000 usd
CY2021 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
9000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
9503000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
9467000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
10222000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
9279000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
9398000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
8277000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
32159000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
28380000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
24436000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
20043000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
97174000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
87576000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
76489000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
65027000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
149058000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
134702000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
110323000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
93347000 usd
CY2023Q4 SFST Number Of Investments In Continuous Unrealized Loss Position Less Than Twelve Month
NumberOfInvestmentsInContinuousUnrealizedLossPositionLessThanTwelveMonth
123 integer
CY2023Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
16063000 usd
CY2022Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
9250000 usd
CY2023Q4 SFST Investment In Trust Preferred Securities
InvestmentInTrustPreferredSecurities
403000 usd
CY2022Q4 SFST Investment In Trust Preferred Securities
InvestmentInTrustPreferredSecurities
403000 usd
CY2023Q4 us-gaap Other Investments
OtherInvestments
19939000 usd
CY2022Q4 us-gaap Other Investments
OtherInvestments
10833000 usd
CY2023Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
7200000 usd
CY2022Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
3900000 usd
CY2023Q4 SFST Real Estate Loan Percentage Of Aggregate Loan
RealEstateLoanPercentageOfAggregateLoan
0.848 pure
CY2023Q4 SFST Commercial Loans Percentage Of Aggregate Real Estate Loan
CommercialLoansPercentageOfAggregateRealEstateLoan
0.565 pure
CY2023Q4 SFST Consumer Loans Percentage Of Aggregate Real Estate Loan
ConsumerLoansPercentageOfAggregateRealEstateLoan
0.435 pure
CY2023Q4 SFST Occupied Loans Percentage
OccupiedLoansPercentage
0.175 pure
CY2023Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
7000000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
7300000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3602627000 usd
CY2023Q4 SFST Loans And Leases Receivable Net Of Deferred Income Percentage
LoansAndLeasesReceivableNetOfDeferredIncomePercentage
1.000 pure
CY2022Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3273363000 usd
CY2022Q4 SFST Loans And Leases Receivable Net Of Deferred Income Percentage
LoansAndLeasesReceivableNetOfDeferredIncomePercentage
1.000 pure
CY2023Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
40682000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
38639000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
3561945000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
3234724000 usd
CY2023Q4 us-gaap Loans Receivable With Variable Rates Of Interest1
LoansReceivableWithVariableRatesOfInterest1
574352000 usd
CY2022Q4 us-gaap Loans Receivable With Variable Rates Of Interest1
LoansReceivableWithVariableRatesOfInterest1
439287000 usd
CY2023Q4 us-gaap Loans Receivable With Fixed Rates Of Interest1
LoansReceivableWithFixedRatesOfInterest1
3028275000 usd
CY2022Q4 us-gaap Loans Receivable With Fixed Rates Of Interest1
LoansReceivableWithFixedRatesOfInterest1
2834076000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3602627000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
3273363000 usd
CY2023 SFST Mortgage Loans Pledged As Collateral Advances
MortgageLoansPledgedAsCollateralAdvances
1250000000 usd
CY2023Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
365276000 usd
CY2023Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1049553000 usd
CY2023Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
695294000 usd
CY2023Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
404783000 usd
CY2023Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
234517000 usd
CY2023Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
467546000 usd
CY2023Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
383458000 usd
CY2023Q4 us-gaap Financing Receivable Revolving Converted To Term Loan
FinancingReceivableRevolvingConvertedToTermLoan
2200000 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3602627000 usd
CY2023 SFST Current Period Gross Writeoffs2022
CurrentPeriodGrossWriteoffs2022
200000 usd
CY2023 SFST Current Period Gross Writeoffs2020
CurrentPeriodGrossWriteoffs2020
28000 usd
CY2023 SFST Current Period Gross Writeoffs Prior
CurrentPeriodGrossWriteoffsPrior
42000 usd
CY2023 SFST Current Period Gross Writeoffs Revolving
CurrentPeriodGrossWriteoffsRevolving
469000 usd
CY2023 SFST Current Period Gross Writeoffs Revolving Convert Term
CurrentPeriodGrossWriteoffsRevolvingConvertTerm
22000 usd
CY2023 SFST Current Period Gross Writeoffs Total
CurrentPeriodGrossWriteoffsTotal
761000 usd
CY2022Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
955802000 usd
CY2022Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
735661000 usd
CY2022Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
447470000 usd
CY2022Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
257328000 usd
CY2022Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
195538000 usd
CY2022Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
344363000 usd
CY2022Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
335274000 usd
CY2022Q4 us-gaap Financing Receivable Revolving Converted To Term Loan
FinancingReceivableRevolvingConvertedToTermLoan
1927000 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
3273363000 usd
CY2022 SFST Current Period Gross Writeoffs2022
CurrentPeriodGrossWriteoffs2022
91000 usd
CY2022 SFST Current Period Gross Writeoffs2020
CurrentPeriodGrossWriteoffs2020
23000 usd
CY2022 SFST Current Period Gross Writeoffs Prior
CurrentPeriodGrossWriteoffsPrior
32000 usd
CY2022 SFST Current Period Gross Writeoffs Revolving
CurrentPeriodGrossWriteoffsRevolving
339000 usd
CY2022 SFST Current Period Gross Writeoffs Total
CurrentPeriodGrossWriteoffsTotal
485000 usd
CY2023Q4 SFST Total Loan
TotalLoan
3602627000 usd
CY2022Q4 SFST Total Loan
TotalLoan
3273363000 usd
CY2023Q4 SFST Part Of Loans Of Thirty Days Or More Past Due As Percentage Of Aggregate Loan Portfolio
PartOfLoansOfThirtyDaysOrMorePastDueAsPercentageOfAggregateLoanPortfolio
0.0037 pure
CY2022Q4 SFST Part Of Loans Of Thirty Days Or More Past Due As Percentage Of Aggregate Loan Portfolio
PartOfLoansOfThirtyDaysOrMorePastDueAsPercentageOfAggregateLoanPortfolio
0.0011 pure
CY2023Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
3963000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
831000 usd
CY2022Q4 SFST Nonaccruing Td Rs
NonaccruingTDRs
1796000 usd
CY2023Q4 SFST Total Nonaccrual Loans Including Nonaccruing Tdrs
TotalNonaccrualLoansIncludingNonaccruingTdrs
3963000 usd
CY2022Q4 SFST Total Nonaccrual Loans Including Nonaccruing Tdrs
TotalNonaccrualLoansIncludingNonaccruingTdrs
2627000 usd
CY2023Q4 SFST Total Nonperforming Assets
TotalNonperformingAssets
3963000 usd
CY2022Q4 SFST Total Nonperforming Assets
TotalNonperformingAssets
2627000 usd
CY2023Q4 SFST Nonperforming Assets As Percentage Of Assets
NonperformingAssetsAsPercentageOfAssets
0.0010 pure
CY2022Q4 SFST Nonperforming Assets As Percentage Of Assets
NonperformingAssetsAsPercentageOfAssets
0.0007 pure
CY2023Q4 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
0.0011 pure
CY2022Q4 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
0.0008 pure
CY2023Q4 SFST Total Loans Over90 Days Past Due
TotalLoansOver90DaysPastDue
1300000 usd
CY2022Q4 SFST Total Loans Over90 Days Past Due
TotalLoansOver90DaysPastDue
402000 usd
CY2022Q4 SFST Accruing Troubled Debt Restructurings
AccruingTroubledDebtRestructurings
4503000 usd
CY2023 SFST Foregone Interest Income On Non Accrual Loan
ForegoneInterestIncomeOnNonAccrualLoan
73000 usd
CY2022 SFST Foregone Interest Income On Non Accrual Loan
ForegoneInterestIncomeOnNonAccrualLoan
28000 usd
CY2022Q4 SFST Total Number Of Loans
TotalNumberOfLoans
13 integer
CY2022Q4 SFST Aggregate Sum Of Loans Classified As Troubled Debt Restructurings
AggregateSumOfLoansClassifiedAsTroubledDebtRestructurings
6300000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Negotiable Order Of Withdrawal Now
InterestBearingDomesticDepositNegotiableOrderOfWithdrawalNOW
318030000 usd
CY2022Q4 SFST Related Allowance For Credit Losess
RelatedAllowanceForCreditLosess
1200000 usd
CY2023 SFST Increase In Allowance For Credit Losses
IncreaseInAllowanceForCreditLosses
1500000 usd
CY2023 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
2200000 usd
CY2023 SFST Primarily Loan Growth
PrimarilyLoanGrowth
329300000 usd
CY2022 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
5400000 usd
CY2022 SFST Primarily Loan Growth
PrimarilyLoanGrowth
783500000 usd
CY2023Q4 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
1393000 usd
CY2023Q4 us-gaap Inventory Real Estate
InventoryRealEstate
1393000 usd
CY2022Q4 us-gaap Allowance For Loan And Lease Losses Real Estate
AllowanceForLoanAndLeaseLossesRealEstate
545000 usd
CY2022Q4 us-gaap Inventory Real Estate
InventoryRealEstate
545000 usd
CY2023Q4 SFST Allowance For Credit Losses For Loan Commitments
AllowanceForCreditLossesForLoanCommitments
1800000 usd
CY2022Q4 SFST Allowance For Credit Losses For Loan Commitments
AllowanceForCreditLossesForLoanCommitments
2800000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21907000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17219000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
72131000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
75597000 usd
CY2023Q4 SFST Operating Lease Right Of Use Assets
OperatingLeaseRightOfUseAssets
22170000 usd
CY2022Q4 SFST Operating Lease Right Of Use Assets
OperatingLeaseRightOfUseAssets
23586000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
94301000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
99183000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4800000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3700000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
1605278000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
22200000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
23600000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
24600000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
25800000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y10M28D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y10M20D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0294 pure
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0286 pure
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
2400000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2700000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2099000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2157000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2210000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2267000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2015000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
20187000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
30935000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6291000 usd
CY2023Q4 SFST Operating Lease Liability1
OperatingLeaseLiability1
24644000 usd
CY2023Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
674167000 usd
CY2022Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
804115000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Negotiable Order Of Withdrawal Now
InterestBearingDomesticDepositNegotiableOrderOfWithdrawalNOW
310218000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
1506418000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
31669000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
40673000 usd
CY2023Q4 us-gaap Time Deposits
TimeDeposits
758232000 usd
CY2022Q4 us-gaap Time Deposits
TimeDeposits
464628000 usd
CY2023Q4 us-gaap Deposits
Deposits
3379564000 usd
CY2022Q4 us-gaap Deposits
Deposits
3133864000 usd
CY2023Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
568100000 usd
CY2022Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
374800000 usd
CY2023Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
379400000 usd
CY2022Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
236200000 usd
CY2023 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
23800000 usd
CY2022 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
3200000 usd
CY2021 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
786000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
494392000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
45190000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
100308000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
60000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
118282000 usd
CY2023Q4 us-gaap Time Deposits
TimeDeposits
758232000 usd
CY2023Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
275000000 usd
CY2022Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
175000000 usd
CY2023Q4 SFST Federal Home Loan Banks Outstanding Amount
FederalHomeLoanBanksOutstandingAmount
275000000 usd
CY2023Q4 SFST Federal Home Loan Bank Advances Variable Rate
FederalHomeLoanBankAdvancesVariableRate
35000000.0 usd
CY2023Q4 us-gaap Federal Home Loan Bank Advances Fixed Rate
FederalHomeLoanBankAdvancesFixedRate
240000000 usd
CY2023Q4 SFST Mortgage Loans
MortgageLoans
1250000000 usd
CY2023Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
16100000 usd
CY2022Q4 SFST Federal Home Loan Banks Outstanding Amount
FederalHomeLoanBanksOutstandingAmount
175000000 usd
CY2022Q4 SFST Mortgage Loans
MortgageLoans
1050000000.00 usd
CY2022Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
9300000 usd
CY2023Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
275000000 usd
CY2023Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Interest Rate
FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRate
0.0389 pure
CY2022Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
175000000 usd
CY2022Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Interest Rate
FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRate
0.0457 pure
CY2023 SFST Description Of Wall Street Reform And Consumer Protection Act
DescriptionOfWallStreetReformAndConsumerProtectionAct
Dodd-Frank Act prohibit institutions that had more than $15 billion in assets on December 31, 2009 from including trust preferred securities as Tier 1 capital beginning in 2013, with one-third phased out over the two years ending in 2015. Financial institutions with less than $15 billion in total assets, such as the Bank, may continue to include their trust preferred securities issued prior to May 19, 2010 in Tier 1 capital, but cannot include in Tier 1 capital trust preferred securities issued after such date.
CY2023 us-gaap Debt Instrument Term
DebtInstrumentTerm
P10Y
CY2023Q4 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.0475 pure
CY2023Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
108500000 usd
CY2023Q4 SFST Additional Borrowings Under Federal Home Loan
AdditionalBorrowingsUnderFederalHomeLoan
542800000 usd
CY2023Q4 SFST Pledged Amount
PledgedAmount
227100000 usd
CY2023 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
15000000 usd
CY2023 SFST U.S.Prime Ratepluspercentage
U.S.PrimeRatepluspercentage
0.0025 pure
CY2023 us-gaap Gain Loss On Fair Value Hedge Ineffectiveness Net
GainLossOnFairValueHedgeIneffectivenessNet
-482000 usd
CY2023 SFST Fair Value Derivative Designated As Hedging Instrument
FairValueDerivativeDesignatedAsHedgingInstrument
511000 usd
CY2023 us-gaap Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
29000 usd
CY2023 SFST Percentage Of Loans Collateral By Real Estate
PercentageOfLoansCollateralByRealEstate
0.85 pure
CY2023 SFST Fair Value Of Measurements Valuation Techniques
FairValueOfMeasurementsValuationTechniques
Appraised Value/ Discounted Cash Flows
CY2023 SFST Fair Value Of Measurements Significant Assumptions
FairValueOfMeasurementsSignificantAssumptions
Discounts to appraisals or cash flows for estimated holding and/or selling costs or age of appraisal
CY2023Q4 us-gaap Other Investments
OtherInvestments
19939000 usd
CY2023Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
19939000 usd
CY2023Q4 SFST Loans Receivable Carrying Amount
LoansReceivableCarryingAmount
3557120000 usd
CY2023Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
3337768000 usd
CY2023Q4 SFST Deposits Carrying Amount
DepositsCarryingAmount
3379564000 usd
CY2023Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
2961182000 usd
CY2023Q4 us-gaap Federal Home Loan Bank Advances
FederalHomeLoanBankAdvances
36322000 usd
CY2023Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Subordinated Debt Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
40712000 usd
CY2022Q4 us-gaap Other Investments
OtherInvestments
10833000 usd
CY2022Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
10833000 usd
CY2022Q4 SFST Loans Receivable Carrying Amount
LoansReceivableCarryingAmount
3227455000 usd
CY2022Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
3057891000 usd
CY2022Q4 SFST Deposits Carrying Amount
DepositsCarryingAmount
3133864000 usd
CY2022Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
2717900000 usd
CY2022Q4 us-gaap Federal Home Loan Bank Advances
FederalHomeLoanBankAdvances
36214000 usd
CY2022Q4 us-gaap Fair Value Liabilities Measured On Recurring Basis Subordinated Debt Obligations
FairValueLiabilitiesMeasuredOnRecurringBasisSubordinatedDebtObligations
39885000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
269072 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
131433 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9000 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
13426000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
29115000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
46711000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13426000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29115000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46711000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8046633 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7958294 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7843692 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
31821 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
113396 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
145288 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8078454 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8071690 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7988980 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.67
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.66
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.96
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.66
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.61
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.85
CY2023 SFST Period Of Employment Agreement
PeriodOfEmploymentAgreement
P2Y
CY2023 SFST Number Of Executive Officers
NumberOfExecutiveOfficers
13 integer
CY2023 SFST Employment Agreement Description
EmploymentAgreementDescription
These agreements also include a) an incentive program, b) a stock option plan, c) a one-year non-compete agreement upon termination and a severance payment equal to one year of compensation.
CY2023Q4 SFST Agreegate Commitment Amount
AgreegateCommitmentAmount
4200000 usd
CY2023Q4 SFST Approximately Commitments Totaled
ApproximatelyCommitmentsTotaled
1400000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3769000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8482000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
10414000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
460000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1273000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2088000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
4229000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
9755000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12502000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-228000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-757000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1590000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4001000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8998000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14092000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3660000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
8004000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12768000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
364000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1006000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1649000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-7000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
27000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
43000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
133000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
42000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-115000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-163000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-27000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-167000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4001000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8998000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14092000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
8543000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
8114000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
384000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
584000 usd
CY2023Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
3015000 usd
CY2022Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
3565000 usd
CY2023Q4 SFST Deferred Tax Assets Net Deferred Loan Fees
DeferredTaxAssetsNetDeferredLoanFees
1475000 usd
CY2022Q4 SFST Deferred Tax Assets Net Deferred Loan Fees
DeferredTaxAssetsNetDeferredLoanFees
1537000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
1458000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
1762000 usd
CY2023Q4 SFST Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
5175000 usd
CY2022Q4 SFST Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
5424000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
479000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
393000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
20529000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
21379000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3334000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3561000 usd
CY2023Q4 SFST Deferred Tax Liabilities Hedging Transactions
DeferredTaxLiabilitiesHedgingTransactions
74000 usd
CY2022Q4 SFST Deferred Tax Liabilities Hedging Transactions
DeferredTaxLiabilitiesHedgingTransactions
27000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
255000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
316000 usd
CY2023Q4 SFST Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
4656000 usd
CY2022Q4 SFST Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
4953000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
10000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
8329000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
8857000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12200000 usd
CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12522000 usd
CY2022Q4 SFST Loan Transactions With Related Party
LoanTransactionsWithRelatedParty
17217000 usd
CY2021Q4 SFST Loan Transactions With Related Party
LoanTransactionsWithRelatedParty
8790000 usd
CY2023 SFST New Loans
NewLoans
17455000 usd
CY2022 SFST New Loans
NewLoans
21010000 usd
CY2023 SFST Loan Payments Related Party
LoanPaymentsRelatedParty
-9420000 usd
CY2022 SFST Loan Payments Related Party
LoanPaymentsRelatedParty
-12583000 usd
CY2023Q4 SFST Loan Transactions With Related Party
LoanTransactionsWithRelatedParty
25252000 usd
CY2022Q4 SFST Loan Transactions With Related Party
LoanTransactionsWithRelatedParty
17217000 usd
CY2023 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
9120 usd
CY2023 us-gaap Payments For Rent
PaymentsForRent
88000 usd
CY2022 us-gaap Payments For Rent
PaymentsForRent
79000 usd
CY2022 us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
86000 usd
CY2023Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
724600000 usd
CY2023 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
145600000 usd
CY2023 us-gaap Loans And Leases Receivable Commitments Variable Rates
LoansAndLeasesReceivableCommitmentsVariableRates
579000000.0 usd
CY2022Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
878300000 usd
CY2022 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
318900000 usd
CY2022 us-gaap Loans And Leases Receivable Commitments Variable Rates
LoansAndLeasesReceivableCommitmentsVariableRates
559400000 usd
CY2023Q4 us-gaap Other Commitment
OtherCommitment
16100000 usd
CY2022Q4 us-gaap Other Commitment
OtherCommitment
14300000 usd
CY2023 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
528000 usd
CY2022 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
927000 usd
CY2021 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1148000 usd
CY2023 SFST Amortization Of Deferred Compensation On Restricted Stock
AmortizationOfDeferredCompensationOnRestrictedStock
1415000 usd
CY2022 SFST Amortization Of Deferred Compensation On Restricted Stock
AmortizationOfDeferredCompensationOnRestrictedStock
1099000 usd
CY2021 SFST Amortization Of Deferred Compensation On Restricted Stock
AmortizationOfDeferredCompensationOnRestrictedStock
499000 usd
CY2023 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1943000 usd
CY2022 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2026000 usd
CY2021 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1647000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
427224 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.32
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
464724 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.97
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
495195 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
29.93
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
121000 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
40.45
CY2023 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
27250 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
20.18
CY2022 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
32375 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
27.94
CY2021 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
127871 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
23.56
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
68625 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
34.15
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
5125 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
43.14
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
23600 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
38.88
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
331349 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.51
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y10M24D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
427224 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.32
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y8M12D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
464724 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.97
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y7M6D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
267376 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
34.48
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y6M
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
287902 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
32.35
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y9M18D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
239340 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
29.68
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.40
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
319058 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
370824 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
422550 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
331349 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
427224 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
267376 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
287902 shares
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3848 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0074 pure
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
408000 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y1M6D
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
846000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1100000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
1100000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
80337 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
52.53
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
41699 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
44.71
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
26099 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
38.05
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
69880 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
37.12
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
53376 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
56.25
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
26450 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
48.56
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
21695 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
48.95
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
14213 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
43.26
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
9600 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
38.03
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
18989 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
46.83
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
525 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
61.14
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
1250 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
38.56
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
109533 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
44.40
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
80337 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
52.53
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
41699 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
44.71
CY2023 us-gaap Description Of Capital Requirements On Trust Assets
DescriptionOfCapitalRequirementsOnTrustAssets
The capital rules require banks and bank holding companies to maintain a minimum total risked-based capital ratio of at least 8%, a total Tier 1 capital ratio of at least 6%, a minimum common equity Tier 1 capital ratio of at least 4.5%, and a leverage ratio of at least 4%. Bank holding companies and banks are also required to hold a capital conservation buffer of common equity Tier 1 capital of 2.5% to avoid limitations on capital distributions and discretionary executive compensation payments. The capital conservation buffer was phased in incrementally over time, becoming fully effective on January 1, 2019, and consists of an additional amount of common equity equal to 2.5% of risk-weighted assets.

Files In Submission

Name View Source Status
0001206774-24-000233-index-headers.html Edgar Link pending
0001206774-24-000233-index.html Edgar Link pending
0001206774-24-000233.txt Edgar Link pending
0001206774-24-000233-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
sfst-20231231.xsd Edgar Link pending
sfst4260121-10k.htm Edgar Link pending
sfst4260121-10k1x47x1.jpg Edgar Link pending
sfst4260121-ex21.htm Edgar Link pending
sfst4260121-ex23.htm Edgar Link pending
sfst4260121-ex311.htm Edgar Link pending
sfst4260121-ex312.htm Edgar Link pending
sfst4260121-ex32.htm Edgar Link pending
sfst4260121-ex97.htm Edgar Link pending
sfst4260121-ex971x1x1.jpg Edgar Link pending
Show.js Edgar Link pending
sfst-20231231_cal.xml Edgar Link unprocessable
sfst-20231231_def.xml Edgar Link unprocessable
sfst-20231231_lab.xml Edgar Link unprocessable
sfst-20231231_pre.xml Edgar Link unprocessable
sfst4260121-10k_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable