Southern First Bank is an FDIC insured institution headquartered at
6 Verdae Blvd, Greenville, SC 29607.
It was founded in
2000 and has approximately $4 billion in
assets. Customers can open an account at one of its 11 branches.
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
97% of borrowers would recommend to friends or family
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2024
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 35295
Date Established
2000
Assets
$ 4.11 billion
Loans
$ 3.60 billion
Deposits
$ 3.48 billion
Capital
$ 345.08 million
Summary Balance Sheet as of March 31, 2024
ASSETS
Cash & Balances due from depository institutions
$ 172.54 million
Interest-bearing balances
$ 147.61 million
Total securities
$ 121.35 million
Federal funds sold and reverse repurchase
$ 25.00 million
Net loans and leases
$ 3.60 billion
Loan loss allowance
$ 40.16 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
$ 79.61 million
Total Assets
$ 3.77 billion
LIABILITIES
Total deposits
$ 3.48 billion
Interest-bearing deposits
$ 2.78 billion
Deposits held in domestic offices
$ 3.48 billion
% insured (estimated)
62.03%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 75.28 million
Subordinated debt
N.A.
All other liabilities
$ 16.42 millionn
Total Liabilities
$ 3.77 billion
Shareholders’ Equity
$ 345.08 million
Summary Income Statement as of March 31, 2024
INCOME AND EXPENSES
Total Interest Income
$ 99.01 million
Total Interest Expense
$ 59.63 million
Net interest income
$ 39.38 million
Provision for loan and lease losses
$ 0.75 million
Total non interest income
$ 5.91 million
Total non interest expense
$ 36.02 million
Pre-tax Net Operating Income
$ 20.77 million
*Should any logos, images or public notes appear on this page,they do so courtesy of
Southern First Bank and are not subject to approval of RatesAndInfo.com.
RatesAndInfo.com expressly disclaims all responsibility for this content.
Customer Reviews for Southern First Bank
There are currently no comments for Southern First Bank. Be the first to share your experience. Please provide comments that will help others.
Branches
Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
There are currently no comments for Southern First Bank. Be the first to share your experience. Please provide comments that will help others.