Quarterly report [Sections 13 or 15(d)]

Consolidated Balance Sheets (Current Period Unaudited)

v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
[1]
ASSETS    
Cash and due from banks $ 100,561 $ 95,127
Interest-bearing balances due from depository institutions 1,218,296 1,026,607
Securities purchased with agreement to resell 499,087 498,910
Federal funds sold 18,678 6,052
Cash and cash equivalents 1,836,622 1,626,696
Available-for-sale debt securities, at fair value 1,037,151 1,068,825
Held-to-maturity debt securities (fair value of $602,476 and $616,535, respectively) 647,270 660,076
Restricted equity securities 12,466 12,203
Mortgage loans held for sale 12,893 11,744
Loans 13,945,913 13,696,912
Less allowance for credit losses (173,905) (171,683)
Loans, net 13,772,008 13,525,229
Premises and equipment, net 62,056 60,396
Accrued interest and dividends receivable 70,084 61,956
Deferred tax asset, net 47,218 49,705
Other real estate owned and repossessed assets 3,072 2,583
Bank owned life insurance contracts 436,272 435,328
Goodwill 13,615 13,615
Other assets 220,560 198,834
Total assets 18,171,287 17,727,190
LIABILITIES AND STOCKHOLDERS' EQUITY    
Non-interest-bearing demand 2,836,622 2,684,272
Interest-bearing 11,649,742 11,534,762
Total deposits 14,486,364 14,219,034
Federal funds purchased 1,546,987 1,471,628
Other borrowings 34,750 34,750
Accrued interest and dividends payable 29,134 29,990
Other liabilities 161,515 121,441
Total liabilities 16,258,750 15,876,843
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000,000 authorized and undesignated at March 31, 2026 and December 31, 2025 0 0
Common stock, par value $0.001 per share; 200,000,000 shares authorized: 54,663,123 shares issued and outstanding at March 31, 2026; and 54,624,955 shares issued and outstanding at December 31, 2025 55 54
Additional paid-in capital 238,644 237,839
Retained earnings 1,676,013 1,613,746
Accumulated other comprehensive loss (2,675) (1,792)
Total stockholders' equity attributable to ServisFirst Bancshares, Inc. 1,912,037 1,849,847
Noncontrolling interest 500 500
Total stockholders' equity 1,912,537 1,850,347
Total liabilities and stockholders' equity $ 18,171,287 $ 17,727,190
[1] Derived from audited financial statements.