Southern First Bancshares Q2 Net Income Rises - Quick Facts

(RTTNews) - Southern First Bancshares (SFST), holding company for Southern First Bank, reported that its second quarter net income available to common shareholders increased to $3.0 million from $2.5 million, last year. Earnings per common share was $0.37 compared to $0.31. Total revenue increased to $23.05 million from $21.56 million, previous year.

"Loans and core deposits were modestly down, as expected. Noninterest-bearing deposit growth was excellent. Our focus on building a strong, high-quality balance sheet with measured, deliberate growth has been paying off in our financial results," said Art Seaver, CEO.

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