ServisFirst Bancshares, Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 4 - Securities (Tables)

3 Months Ended

Mar. 31, 2021

	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Loss			Allowance For Credit Losses		Fair Value
March 31, 2021	(In Thousands)
Available for sale debt securities
U.S. Treasury Securities	$	13,995	$	301	$	-		$	-	$	14,296
Government Agency Securities		12,020		170		-			-		12,190
Mortgage-backed securities		558,985		13,352		(2,795	)		-		569,542
State and municipal securities		33,408		303		(189	)		-		33,522
Corporate debt		322,320		10,288		(279	)		-		332,329
Total	$	940,728	$	24,414	$	(3,263	)	$	-	$	961,879
Held to maturity debt securities
State and municipal securities	$	250	$	-	$	-		$	-	$	250
Total	$	250	$	-	$	-		$	-	$	250

December 31, 2020
Available for sale debt securities
U.S. Treasury Securities	$	13,993	$	364	$	-		$	-	$	14,357
Government Agency Securities		15,228		230		-			-		15,458
Mortgage-backed securities		477,407		17,720		(18	)		-		495,109
State and municipal securities		37,671		444		-			-		38,115
Corporate debt		316,857		7,296		(504	)		-		323,649
Total	$	861,156	$	26,054	$	(522	)	$	-	$	886,688
Held to maturity debt securities
State and municipal securities	$	250	$	-	$	-		$	-	$	250
Total	$	250	$	-	$	-		$	-	$	250

	March 31, 2021				December 31, 2020
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(In thousands)
Available for sale debt securities
Due within one year	$	32,331	$	32,623	$	30,797	$	31,060
Due from one to five years		51,309		52,954		59,828		61,481
Due from five to ten years		293,965		302,644		288,002		293,886
Due after ten years		4,138		4,116		5,122		5,152
Mortgage-backed securities		558,985		569,542		477,407		495,109
	$	940,728	$	961,879	$	861,156	$	886,688

Held to maturity debt securities
Due from one to five years	$	250	$	250	$	250	$	250
	$	250	$	250	$	250	$	250

	Less Than Twelve Months					Twelve Months or More					Total
	Gross					Gross					Gross
	Unrealized					Unrealized					Unrealized
	Losses			Fair Value		Losses			Fair Value		Losses			Fair Value
	(In Thousands)
March 31, 2021
Mortgage-backed securities	$	(2,795	)	$	191,402	$	-		$	-	$	(2,795	)	$	191,402
State and municipal securities		(189	)		5,467		-			-		(189	)		5,467
Corporate debt		(234	)		29,836		(45	)		1,990		(279	)		31,826
Total	$	(3,218	)	$	226,705	$	(45	)	$	1,990	$	(3,263	)	$	228,694

December 31, 2020
Mortgage-backed securities	$	(18	)	$	3,667	$	-		$	-	$	(18	)	$	3,667
Corporate debt		(504	)		59,576		-			-		(504	)		59,576
Total	$	(522	)	$	63,243	$	-		$	-	$	(522	)	$	63,243