ServisFirst Bancshares, Inc. Quarterly report [Sections 13 or 15(d)]

Note 4 - Securities (Tables)

3 Months Ended

Mar. 31, 2026

			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gain		Loss			Value
March 31, 2026	(In Thousands)
Debt Securities Available-for-Sale
U.S. Treasury securities	$	470,349	$	1,344	$	-		$	471,693
Mortgage-backed securities		123,874		412		(1,126	)		123,160
State and municipal securities		10,360		1		(539	)		9,822
Corporate debt		438,123		2,949		(8,596	)		432,476
Total	$	1,042,706	$	4,706	$	(10,261	)	$	1,037,151
Debt Securities Held-to-Maturity
U.S. Treasury securities	$	249,675	$	-	$	(9,420	)	$	240,255
Mortgage-backed securities		389,231		474		(35,555	)		354,150
State and municipal securities		8,364		-		(293	)		8,071
Total	$	647,270	$	474	$	(45,268	)	$	602,476

December 31, 2025
Debt Securities Available-for-Sale
U.S. Treasury securities	$	520,100	$	2,823	$	-		$	522,923
Mortgage-backed securities		133,126		1,030		(852	)		133,304
State and municipal securities		10,362		1		(554	)		9,809
Corporate debt		409,725		2,274		(9,210	)		402,789
Total	$	1,073,313	$	6,128	$	(10,616	)	$	1,068,825
Debt Securities Held-to-Maturity
U.S. Treasury securities	$	249,621	$	-	$	(9,589	)	$	240,032
Mortgage-backed securities		402,097		743		(34,395	)		368,445
State and municipal securities		8,358		-		(300	)		8,058
Total	$	660,076	$	743	$	(44,284	)	$	616,535

	March 31, 2026				December 31, 2025
	Amortized Cost		Market Value		Amortized Cost		Market Value
	(In Thousands)
Debt securities available-for-sale
Due within one year	$	472,351	$	473,663	$	441,619	$	443,833
Due from one to five years		73,035		72,383		147,475		147,058
Due from five to ten years		373,446		367,945		332,436		325,957
Due after ten years		-		-		18,657		18,673
Mortgage-backed securities		123,874		123,160		133,126		133,304
	$	1,042,706	$	1,037,151	$	1,073,313	$	1,068,825

Debt securities held-to-maturity
Due within one year	$	128,763	$	126,586	$	53,787	$	52,811
Due from one to five years		129,276		121,740		204,192		195,279
Mortgage-backed securities		389,231		354,150		402,097		368,445
	$	647,270	$	602,476	$	660,076	$	616,535

	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, 2026
Debt Securities available-for-sale
Mortgage-backed securities	$	(267	)	$	44,592	$	(859	)	$	20,018	$	(1,126	)	$	64,610
State and municipal securities		-			-		(539	)		9,376		(539	)		9,376
Corporate debt		(1,441	)		132,424		(7,155	)		140,337		(8,596	)		272,761
Total	$	(1,708	)	$	177,016	$	(8,553	)	$	169,731	$	(10,261	)	$	346,747
Debt Securities held-to-maturity
U.S. Treasury securities	$	-		$	-	$	(9,420	)	$	240,255	$	(9,420	)	$	240,255
Mortgage-backed securities		(8	)		2,382		(35,547	)		312,274		(35,555	)		314,656
State and municipal securities		-			-		(293	)		7,571		(293	)		7,571
Total	$	(8	)	$	2,382	$	(45,260	)	$	560,100	$	(45,268	)	$	562,482
December 31, 2025
Debt Securities available-for-sale
Mortgage-backed securities	$	-		$	-	$	(852	)	$	22,662	$	(852	)	$	22,662
State and municipal securities		-			-		(554	)		9,363		(554	)		9,363
Corporate debt		(984	)		77,583		(8,226	)		155,724		(9,210	)		233,307
Total	$	(984	)	$	77,583	$	(9,632	)	$	187,749	$	(10,616	)	$	265,332
Debt Securities held-to-maturity
U.S. Treasury securities	$	-		$	-	$	(9,589	)	$	240,032	$	(9,589	)	$	240,032
Mortgage-backed securities		-			-		(34,395	)		325,307		(34,395	)		325,307
State and municipal securities		(34	)		2,954		(266	)		4,604		(300	)		7,558
Total	$	(34	)	$	2,954	$	(44,250	)	$	569,943	$	(44,284	)	$	572,897