Investor Relations

Financial Statements

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

ASSETS

Cash and due from banks 48,519 46,614 56,855 86,213 77,692
Interest-bearing balances due from depository institutions 248,054 270,836 566,707 151,849 59,096
Federal funds sold 891 34,785 160,435 239,524 229,033
Cash and cash equivalents 297,464 352,235 783,997 477,586 365,821
Available for sale debt securities, at fair value 298,310 342,938 422,375 538,080 578,021
Held to maturity debt securities 29,355 27,426 62,564 250 250
Equity securities 3,921 4,954 1,024 1,034 889
Mortgage loans held for sale 5,984 8,249 4,675 4,459 5,277
Loans 3,359,858 4,216,375 4,911,770 5,851,261 6,363,531
Less allowance for loan losses (35,629) (43,419) (51,893) (59,406) (66,879)
Loans, net 3,324,229 4,172,956 4,859,877 5,791,855 6,296,652
Premises and equipment, net 7,815 19,434 40,314 58,900 57,882
Accrued interest and dividends receivable 11,214 13,698 15,801 20,661 24,755
Deferred tax assets 15,716 23,425 27,132 13,022 12,268
Other real estate owned and repossessed assets 6,840 5,392 4,988 6,701 5,714
Bank owned life insurance contracts 86,288 91,594 114,388 127,519 129,869
Goodwill and other identifiable intangible assets 0 15,330 14,996 14,719 14,517
Other assets 11,543 17,878 18,317 27,598 25,918
Total assets 4,098,679 5,095,509 6,370,448 7,082,384 7,517,833

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities

Deposits
Noninterest-bearing 810,460 1,053,467 1,281,605 1,440,326 1,504,447
Interest-bearing 2,587,700 3,170,421 4,138,706 4,651,348 5,000,904
Total deposits 3,398,160 4,223,888 5,420,311 6,091,674 6,505,351
Federal funds purchased 264,315 352,360 355,944 301,797 246,094
Other borrowings 19,973 55,637 55,262 64,832 64,657
Accrued interest payable 1,940 2,369 4,401 4,971 8,562
Other liabilities 7,078 12,108 11,641 11,506 11,659
Total liabilities 3,691,466 4,646,362 5,847,559 6,474,780 6,836,323

Stockholders' equity

Preferred stock, Series A Senior Non-Cumulative Perpetual 39,958 0 0 NA NA
Preferred stock 0 0 0 0 0
Common stock 25 26 53 53 53
Additional paid-in capital 185,397 211,546 215,932 217,693 218,062
Retained earnings 177,091 234,150 307,151 389,554 472,681
Accumulated other comprehensive loss 4,490 3,048 (624) (198) (9,788)
Total stockholders' equity attributable to ServisFirst Bancshares, Inc. 406,961 448,770 522,512 607,102 681,008
Noncontrolling interest 252 377 377 502 502
Total stockholders' equity 407,213 449,147 522,889 607,604 681,510
Total liabilities and stockholders' equity 4,098,679 5,095,509 6,370,448 7,082,384 7,517,833
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.