HIGHBuilt-inLoan_portfolio
83%
loans secured by real estate
“10-K Item 1A: 'As of December 31, 2025, approximately 83% of our loans had real estate as a primary or secondary component of collateral.'”
SFST · Concentration risk · 10-K extracted
Southern First Bancshares (SFST) concentration risks
Updated
The most significant concentration Southern First Bancshares discloses is loans secured by real estate at 83%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Southern First Bancshares’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH2
MEDIUM1
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
HIGHBuilt-inGeographic
South Carolina, North Carolina, and Georgia markets
“10-K Item 1A: 'we are a regional bank that provides banking and financial services to customers primarily in Greenville, Columbia, Charleston, and Summerville, South Carolina; Raleigh, Greensboro and Charlotte, North Carolina; and Atlanta, Georgia.'”
MEDIUMBuilt-inLoan_portfolio
45.7%
commercial real estate loans
“10-K Item 1A: 'At December 31, 2025, 45.7% of our loan portfolio was secured by commercial real estate.'”
LOWBuilt-inLoan_portfolio
16%
commercial business loans
“10-K Item 1A: 'At December 31, 2025, commercial business loans comprised 16.0% of our total loan portfolio.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Southern First Bancshares' concentration profile combines a dominant structural collateral exposure with a meaningful geographic base and layered loan-type detail. Approximately 83% of loans have real estate as a primary or secondary collateral component, and the bank's operations are concentrated in South Carolina, North Carolina, and Georgia markets — both structural exposures tied to the bank's overall business design rather than any single counterparty. Within that real-estate-heavy book, commercial real estate loans make up 45.7% of the total loan portfolio, a sizable but more moderate share, while commercial business loans account for a comparatively smaller 16%. Because the real-estate collateral concentration and the regional footprint reinforce each other — the bank's credit performance depends heavily on property values within a specific three-state footprint — a regional real estate downturn would likely pressure the loan book broadly rather than in an isolated segment. The commercial real estate share, while substantial, is more moderate than the overall real-estate collateral figure, and the commercial business loan share is comparatively minor, suggesting real estate collateral concentration is the dominant factor most likely to move the credit outlook.
For the engine’s reasoning on SFST’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Banks - Regional
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| SFST● | Southern First Bancshares, Inc. | 2 | 1 | 1 | 4 |
| AMAL | Amalgamated Financial Corp. | 2 | 1 | 0 | 3 |
| ACNB | ACNB Corporation | 1 | 1 | 0 | 2 |
| ALRS | Alerus Financial Corporation | 1 | 1 | 0 | 2 |
| AMTB | Amerant Bancorp Inc. | 0 | 1 | 1 | 2 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.