Southern First Bancshares — Shareholder Meeting (May 2011)

6 slides from Southern First Bancshares's shareholder meeting presentation, May 18, 2011

Slide 1: Southern First Bancshares, Inc. Annual Shareholders Meeting
Southern First Bancshares, Inc. »4 Annual Shareholders Meeting »4 S May 17", 2011 =
Slide 2: Greenville First Bank opened in 2000
• Greenville First Bank opened in 2000 • $736 million in total assets (1) • 8th largest bank headquartered in SC • $564 million in total net loans •$536 million in total deposits • Greenville SC market – 4 offices • #6 market share out of 35 banks (2) • Columbia SC market – 2 offices • $118 million
Slide 3: Southern First (SFST) vs SNL Bank indices
ry Southern First (SFST) - 32.1% SNL U.S. Bank & Thrift SNL U.S. Bank $500MM - $1B 9.3%
Slide 4: Nonperforming Loans ($ mil)
Nonperforming Loans ($ mil) $12.8 Dec'09 = -Mar"10un"10.——Sep "10 Dee'to
Slide 5: Retail Deposits ($ mil)
Retail Deposits ($ mil) = $300 $275 $250 $223 $200 S175 Transaction Accounts ($ mil) Dec Mar Jun Sep Dec 09 10 10 10 ‘10 Increased 30% in 2010 $150 Dec Mar Jun Sep Dec 9 10 10 10 "10 Increased 64% in 2010
Slide 6: Growth
Growth Markets Current Unique Valuation Model Leadership Asset Depth Quality Core Deposits