Southern First Bancshares, Inc.

Southern First Bancshares, Inc. is the bank holding company for Southern First Bank, which provides a range of financial services to individuals and businesses in South Carolina, North Carolina, and Georgia. The company offers various deposit products, including checking accounts, commercial checking accounts, savings accounts, money market accounts, and long-term certificates of deposit. Its loan portfolio consists of commercial real estate loans, construction real estate loans, commercial business loans for industries such as manufacturing and professional services, consumer real estate and home equity loans, and consumer loans like secured and unsecured installment loans and revolving lines of credit. Additional services include internet banking, cash management, safe deposit boxes, direct deposit, automatic drafts, bill payment, and mobile banking.

Southern First Bancshares, Inc. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol SFST. The company's financials and stock trading are denominated in US Dollars (USD), reflecting its operations based in the United States.

Southern First Bancshares operates in the Financial Services sector and is specifically categorized under the Banks - Regional industry. This means it is a regional bank holding company that focuses on providing banking services to local communities and businesses within its geographic footprint, as opposed to large national or global banks.

Southern First Bancshares, Inc. is headquartered in Greenville, South Carolina, and was incorporated in 1999. The company serves customers in three states: South Carolina, North Carolina, and Georgia. Through its subsidiary Southern First Bank, it offers commercial, consumer, and mortgage loans to the general public in these regions.

Southern First Bancshares generates revenue primarily through interest income from its loan portfolio, which includes commercial real estate loans, construction real estate loans, commercial business loans, consumer real estate and home equity loans, and other consumer loans. The company also earns fee income from deposit accounts and other banking services such as internet banking, cash management, safe deposit boxes, direct deposit, automatic drafts, bill payment, and mobile banking. By accepting deposits and lending those funds to borrowers, the bank profits from the spread between interest earned on loans and interest paid on deposits.