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BankHealth

SOUTHERN FIRST BANK

GREENVILLE, SOUTH CAROLINA · FDIC Cert #35295

C
Health Score
59/100
$4.1B
Total Assets
$3.5B
Total Deposits
11.22%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, SOUTHERN FIRST BANK holds a Tier 1 capital ratio of 11.22%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning SOUTHERN FIRST BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.31%
Nonperforming Loans
Low — healthy loan portfolio
7.15%
Liquidity Ratio
Low — potential liquidity stress
0.42%
Return on Assets
Low profitability
$3.5B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

SOUTHERN FIRST BANK shows average financial health. While not alarming, its Health Score of 59/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

SOUTHERN FIRST BANK has a Bank Health Score of C (59/100). It holds a Tier 1 capital ratio of 11.22%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

SOUTHERN FIRST BANK holds $4.1B in total assets and $3.5B in total deposits. It is located in GREENVILLE, SOUTH CAROLINA (FDIC Certificate #35295).

SOUTHERN FIRST BANK has a Tier 1 capital ratio of 11.22%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.31%, and the return on assets is 0.42%.

Yes. SOUTHERN FIRST BANK is FDIC-insured (Certificate #35295). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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