Southern First Bancshares (SFST) Registration Filing summary

Company overview and business model

• Bank holding company serving as parent to a South Carolina state bank, offering commercial, consumer, and mortgage lending, as well as deposit and other banking services in South Carolina, North Carolina, and Georgia.

• Operates through a client-focused relationship model called “ClientFIRST” to deliver personalized banking services and build long-term client relationships.

• Maintains a network of retail offices in key markets and a specialized mortgage center.

Financial performance and metrics

• Incorporates by reference recent annual and quarterly SEC filings, including audited financials and management’s discussion and analysis.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including debt repayment, working capital, capital expenditures, acquisitions, and investments.

• Proceeds may be temporarily invested until used for stated purposes.