Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and due from banks $ 56,714 $ 46,614 [1]
Interest-bearing balances due from depository institutions 440,513 270,836 [1]
Federal funds sold 28,410 34,785 [1]
Cash and cash equivalents 525,637 352,235 [1]
Available for sale debt securities, at fair value 334,567 342,938
Held to maturity debt securities (fair value of $28,409 and $27,910 at March 31, 2016 and December 31, 2015, respectively) 27,539 27,426 [1]
Equity securities 5,667 4,954 [1]
Mortgage loans held for sale 5,090 8,249 [1]
Loans 4,340,900 4,216,375 [1]
Less allowance for loan losses (45,145) (43,419) [1]
Loans, net 4,295,755 4,172,956 [1]
Premises and equipment, net 20,989 19,434 [1]
Accrued interest and dividends receivable 13,416 13,698 [1]
Deferred tax assets 22,697 23,425 [1]
Other real estate owned and repossessed assets 4,044 5,392 [1]
Bank owned life insurance contracts 92,218 91,594 [1]
Goodwill and other identifiable intangible assets 15,239 15,330 [1]
Other assets 15,741 17,878 [1]
Total assets 5,378,599 5,095,509 [1]
Deposits:    
Noninterest-bearing 1,070,275 1,053,467 [1]
Interest-bearing 3,269,472 3,170,421 [1]
Total deposits 4,339,747 4,223,888 [1]
Federal funds purchased 497,885 352,360 [1]
Other borrowings 55,543 55,637 [1]
Accrued interest payable 3,643 2,369 [1]
Other liabilities 10,841 12,108 [1]
Total liabilities 4,907,659 4,646,362 [1]
Stockholders' equity:    
Common stock, par value $.001 per share; 50,000,000 shares authorized; 26,182,698 shares issued and outstanding at March 31, 2016 and 25,972,698 shares issued and outstanding at December 31, 2015 26 26 [1]
Additional paid-in capital 215,948 211,546 [1]
Retained earnings 249,704 234,150 [1]
Accumulated other comprehensive income 4,885 3,048 [1]
Total stockholders' equity attributable to ServisFirst Bancshares, Inc. 470,563 448,770 [1]
Noncontrolling interest 377 377 [1]
Total stockholders' equity 470,940 449,147 [1]
Total liabilities and stockholders' equity 5,378,599 5,095,509 [1]
Series A Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock 0 0 [1]
Undesignated Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock $ 0 $ 0 [1]
[1] derived from audited financial statements