ServisFirst Bancshares, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Note 10 - Other Borrowings

Note 10 - Other Borrowings

12 Months Ended

Dec. 31, 2025

Notes to Financial Statements

Short-Term Debt [Text Block]

NOTE 10. OTHER BORROWINGS

Other borrowings are comprised of:

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$34.75 million of the Company’s 4% Subordinated Notes due October 21, 2030, which were issued in a private placement in October 2020 and pay interest semi-annually.

Debt is reported net of unamortized issuance costs of $0 and $7,000 as of December 31, 2025 and 2024, respectively.

During the fourth quarter of 2025, the Company redeemed its $30 million 4.5% Subordinated Notes due November 2027, which were outstanding as of December 31, 2024.