Southern First Bancshares, Inc. · NASDAQ:SFST
Southern First Bancshares — Q4 2021 Earnings Presentation
8 slides from Southern First Bancshares's earnings presentation, Jan 25, 2022
Slide 1: Fourth Quarter Results 2021
SN XXX KKK / Southern FOURTH QUARTER RESULTS 2021 January 25, 2022
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS During the course of this presentation, management may make projections and forward- looking statements regarding events or the future financial performance of Southern First Bancshares, Inc. We wish to caution you that these forward-looking statements involve certain risk
Slide 3: Corporate Profile
CORPORATE PROFILE NORTH CAROLINA SOUTH willee a CAROLINA . z Columbia Southern First Markets: Atlanta sume “i Greenville, SC 2000 % Columbia, SC 2007 Charleston, SC 2012 GEORGIA Raleigh, NC 2016 Atlanta, GA 2017 Summerville, SC 2018 Greensboro, NC 2018 Charlotte, NC 2021 NZ S&S we
Slide 4: Highlights
HIGHLIGHTS ¢ Net income increased to $12.0 million in Q4 - up 39.5% over Q4 2020 ¢ Book value increased 19.4% for the year to $35.07 * Total loans increased 16.2% for the year to $2.5 billion * Total deposits increased 19.7% for the year to $2.6 billion ¢ Incredibly strong credit metrics: * NPA's =
Slide 5: Loans & Deposits
$2,600 $2,500 $2,400 $2,300 $2,200 Thousands $2,100 $2,000 $1,900 $2.1B Q4 2020 Total Loans $2.2B Qi 2021 $2.3B Q2 2021 LOANS & DEPOSITS $2.4B Q3 2021 *Total loans excludes mortgage loans held for sale. $2.5B Q4 2021 Thousands $2,600 $2,500 $2,400 $2,300 $2,200 $2,100 $2,000 $1,900 Total Deposits $2
Slide 6: Tangible Book Value Per Share
TANGIBLE BOOK VALUE PER SHARE Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021
Slide 7: Capital Ratios
CAPITAL RATIOS Holding Company Capital Ratios: Q4 2021 Q3 2021 Q2 2021 Q1 202 Q4 2020 Total risk-based capital ratio 14.90% 14.88% 14.98% 14.82% 14,38% Tier 1 risk-based capital ratio 12.65% 12.59% 12.63% 12.43% 11.97% Leverage ratio 10.19% 10.20% 10.27% 10.12% 9.70% Common equity tier 1 ratio 12.09
Slide 8: SN XXX KKK /
SN XXX KKK / Southern
Southern First Bancshares — Q4 2021 Earnings Presentation on 6ix