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

Quarterly report [Sections 13 or 15(d)]

Note 5 - Loans (Tables)

Note 5 - Loans (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	March 31,			December 31,
	2026			2025
	(Dollars In Thousands)
Commercial, financial and agricultural	$	3,189,704		$	3,146,736
Real estate - construction		1,531,042			1,457,628
Real estate - mortgage:
Owner-occupied commercial		2,718,512			2,739,823
1-4 family mortgage		1,695,140			1,671,713
Non-owner occupied commercial		4,739,642			4,603,389
Subtotal: Real estate - mortgage		9,153,294			9,014,925
Consumer		71,873			77,623
Total Loans		13,945,913			13,696,912
Less: Allowance for credit losses		(173,905	)		(171,683	)
Net Loans	$	13,772,008		$	13,525,229


Commercial, financial and agricultural		22.87	%		22.97	%
Real estate - construction		10.98	%		10.64	%
Real estate - mortgage:
Owner-occupied commercial		19.49	%		20.00	%
1-4 family mortgage		12.16	%		12.21	%
Non-owner occupied commercial		33.98	%		33.61	%
Subtotal: Real estate - mortgage		65.63	%		65.82	%
Consumer		0.52	%		0.57	%
Total Loans		100.00	%		100.00	%

Financing Receivable Based on Year of Origination [Table Text Block]

March 31, 2026	2026		2025		2024		2023		2022		Prior		Revolving		Revolving Lines of Credit Converted to Term Loans		Total
	(In Thousands)
Commercial, financial and agricultural
Pass	$	232,507	$	551,342	$	294,515	$	110,215	$	194,641	$	367,508	$	1,317,069	$	23,573	$	3,091,370
Special Mention		801		2,817		1,459		221		2,871		11,491		24,429		2,185		46,274
Substandard - Accruing		-		-		50		-		477		24,606		1,728		1		26,862
Substandard - Non-accrual		-		-		3,135		669		707		8,175		9,116		3,396		25,198
Total Commercial, financial and agricultural	$	233,308	$	554,159	$	299,159	$	111,105	$	198,696	$	411,780	$	1,352,342	$	29,155	$	3,189,704
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	431	$	7,851	$	9	$	8,291

Real estate - construction
Pass	$	82,344	$	560,013	$	349,043	$	141,472	$	177,061	$	89,308	$	85,642	$	-	$	1,484,883
Special Mention		-		-		5,251		1,258		-		1,583		150		-		8,242
Substandard - Accruing		-		-		-		-		-		945		1		-		946
Substandard - Non-accrual		-		-		1,098		3,495		15,946		16,432		-		-		36,971
Total Real estate - construction	$	82,344	$	560,013	$	355,392	$	146,225	$	193,007	$	108,268	$	85,793	$	-	$	1,531,042
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Owner-occupied commercial
Pass	$	94,147	$	450,331	$	355,497	$	151,064	$	425,915	$	1,096,951	$	76,512	$	2,167	$	2,652,584
Special Mention		-		-		4,331		1,991		394		26,417		6,154		-		39,287
Substandard - Accruing		-		-		-		-		-		4,479		1,351		-		5,830
Substandard - Non-accrual		-		3,448		1		3,395		4,016		9,951		-		-		20,811
Total Owner-occupied commercial	$	94,147	$	453,779	$	359,829	$	156,450	$	430,325	$	1,137,798	$	84,017	$	2,167	$	2,718,512
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

1-4 family mortgage
Pass	$	74,498	$	308,653	$	231,283	$	98,077	$	263,804	$	273,554	$	412,978	$	3,268	$	1,666,115
Special Mention		49		195		749		781		1,826		4,305		10,081		994		18,980
Substandard - Accruing		-		-		-		-		-		403		-		1		404
Substandard - Non-accrual		-		395		510		109		5,057		2,701		869		-		9,641
Total 1-4 family mortgage	$	74,547	$	309,243	$	232,542	$	98,967	$	270,687	$	280,963	$	423,928	$	4,263	$	1,695,140
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	91	$	91

Non-owner occupied commercial
Pass	$	212,061	$	659,145	$	669,970	$	216,598	$	1,257,795	$	1,528,640	$	76,426	$	2,255	$	4,622,890
Special Mention		1,781		-		-		-		337		24,666		-		-		26,784
Substandard - Accruing		-		-		-		-		3,159		3,504		-		-		6,663
Substandard - Non-accrual		-		-		3,815		-		17,747		61,743		-		-		83,305
Total Non-owner occupied commercial	$	213,842	$	659,145	$	673,785	$	216,598	$	1,279,038	$	1,618,553	$	76,426	$	2,255	$	4,739,642
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Consumer
Pass	$	16,389	$	9,321	$	3,154	$	1,375	$	1,392	$	2,433	$	37,058	$	-	$	71,122
Special Mention		-		-		-		-		-		22		25		-		47
Substandard - Accruing		-		-		-		-		-		17		-		-		17
Substandard - Non-accrual		-		-		-		-		-		687		-		-		687
Total Consumer	$	16,389	$	9,321	$	3,154	$	1,375	$	1,392	$	3,159	$	37,083	$	-	$	71,873
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	15	$	156	$	-	$	-	$	171

Total Loans
Pass	$	711,946	$	2,538,805	$	1,903,462	$	718,801	$	2,320,608	$	3,358,394	$	2,005,685	$	31,263	$	13,588,964
Special Mention		2,631		3,012		11,790		4,251		5,428		68,484		40,839		3,179		139,614
Substandard - Accruing		-		-		50		-		3,636		33,954		3,080		2		40,722
Substandard - Non-accrual		-		3,843		8,559		7,668		43,473		99,689		9,985		3,396		176,613
Total Loans	$	714,577	$	2,545,660	$	1,923,861	$	730,720	$	2,373,145	$	3,560,521	$	2,059,589	$	37,840	$	13,945,913
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	15	$	587	$	7,851	$	100	$	8,553

December 31, 2025	2025		2024		2023		2022		2021		Prior		Revolving		Revolving Lines of Credit Converted to Term Loans		Total
	(In Thousands)
Commercial, financial and agricultural
Pass	$	682,117	$	327,516	$	120,889	$	219,978	$	186,839	$	219,843	$	1,267,362	$	25,570	$	3,050,114
Special Mention		4,206		1,927		231		2,716		1,822		6,878		20,423		4,564		42,767
Substandard - Accruing		-		53		-		603		-		24,715		1,728		-		27,099
Substandard - Non-accrual		-		885		669		336		1		8,176		15,793		896		26,756
Total Commercial, financial and agricultural	$	686,323	$	330,381	$	121,789	$	223,633	$	188,662	$	259,612	$	1,305,306	$	31,030	$	3,146,736
Current-period gross write-offs	$	-	$	-	$	669	$	5,667	$	1,925	$	1,442	$	14,878	$	323	$	24,904

Real estate - construction
Pass	$	468,553	$	396,658	$	188,617	$	185,466	$	65,552	$	26,911	$	82,009	$	-	$	1,413,766
Special Mention		-		6,401		-		-		-		479		150		-		7,030
Substandard - Accruing		-		-		-		-		-		945		1		-		946
Substandard - Non-accrual		-		-		3,508		15,946		16,432		-		-		-		35,886
Total Real estate - construction	$	468,553	$	403,059	$	192,125	$	201,412	$	81,984	$	28,335	$	82,160	$	-	$	1,457,628
Current-period gross write-offs	$	-	$	-	$	-	$	46	$	-	$	-	$	-	$	-	$	46

Owner-occupied commercial
Pass	$	471,700	$	369,455	$	158,561	$	439,521	$	420,902	$	741,250	$	78,331	$	2,397	$	2,682,117
Special Mention		3,570		4,786		1,787		394		7,252		16,043		2,794		-		36,626
Substandard - Accruing		125		-		1,552		-		-		4,476		1,350		-		7,503
Substandard - Non-accrual		-		-		417		5,002		6,452		1,706		-		-		13,577
Total Owner-occupied commercial	$	475,395	$	374,241	$	162,317	$	444,917	$	434,606	$	763,475	$	82,475	$	2,397	$	2,739,823
Current-period gross write-offs	$	-	$	3,478	$	-	$	-	$	-	$	560	$	-	$	-	$	4,038

1-4 family mortgage
Pass	$	323,633	$	236,761	$	105,279	$	274,544	$	168,885	$	115,994	$	423,365	$	4,096	$	1,652,557
Special Mention		-		160		173		40		2,681		1,397		4,685		-		9,136
Substandard - Accruing		-		-		-		-		-		402		178		-		580
Substandard - Non-accrual		395		1,101		109		5,059		969		1,014		705		88		9,440
Total 1-4 family mortgage	$	324,028	$	238,022	$	105,561	$	279,643	$	172,535	$	118,807	$	428,933	$	4,184	$	1,671,713
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	37	$	266	$	-	$	303

Non-owner occupied commercial
Pass	$	673,189	$	648,847	$	208,324	$	1,293,147	$	711,292	$	872,833	$	79,131	$	2,277	$	4,489,040
Special Mention		-		-		259		340		25,079		-		-		-		25,678
Substandard - Accruing		-		-		-		3,187		864		2,643		-		-		6,694
Substandard - Non-accrual		-		3,815		-		17,747		57,701		2,714		-		-		81,977
Total Non-owner occupied commercial	$	673,189	$	652,662	$	208,583	$	1,314,421	$	794,936	$	878,190	$	79,131	$	2,277	$	4,603,389
Current-period gross write-offs	$	-	$	-	$	-	$	1,117	$	47	$	4	$	-	$	-	$	1,168

Consumer
Pass	$	29,354	$	3,584	$	1,578	$	1,594	$	594	$	2,130	$	38,009	$	-	$	76,843
Special Mention		-		-		-		-		23		-		21		-		44
Substandard - Accruing		-		-		-		-		-		21		-		-		21
Substandard - Non-accrual		-		-		-		15		-		700		-		-		715
Total Consumer	$	29,354	$	3,584	$	1,578	$	1,609	$	617	$	2,851	$	38,030	$	-	$	77,623
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	573	$	134	$	-	$	707

Total Loans
Pass	$	2,648,546	$	1,982,821	$	783,248	$	2,414,250	$	1,554,064	$	1,978,961	$	1,968,207	$	34,340	$	13,364,437
Special Mention		7,776		13,274		2,450		3,490		36,857		24,797		28,073		4,564		121,281
Substandard - Accruing		125		53		1,552		3,790		864		33,202		3,257		-		42,843
Substandard - Non-accrual		395		5,801		4,703		44,105		81,555		14,310		16,498		984		168,351
Total Loans	$	2,656,842	$	2,001,949	$	791,953	$	2,465,635	$	1,673,340	$	2,051,270	$	2,016,035	$	39,888	$	13,696,912
Current-period gross write-offs	$	-	$	3,478	$	669	$	6,830	$	1,972	$	2,616	$	15,278	$	323	$	31,166

Financing Receivable, Credit Substitute, Credit Quality Indicator [Table Text Block]

March 31, 2026	Performing		Nonperforming		Total
	(In Thousands)
Commercial, financial and agricultural	$	3,164,417	$	25,287	$	3,189,704
Real estate - construction		1,494,072		36,970		1,531,042
Real estate - mortgage:
Owner-occupied commercial		2,697,701		20,811		2,718,512
1-4 family mortgage		1,684,370		10,770		1,695,140
Non-owner occupied commercial		4,656,337		83,305		4,739,642
Total real estate - mortgage		9,038,408		114,886		9,153,294
Consumer		71,129		744		71,873
Total	$	13,768,026	$	177,887	$	13,945,913

December 31, 2025	Performing		Nonperforming		Total
	(In Thousands)
Commercial, financial and agricultural	$	3,119,879	$	26,857	$	3,146,736
Real estate - construction		1,421,743		35,885		1,457,628
Real estate - mortgage:
Owner-occupied commercial		2,726,245		13,578		2,739,823
1-4 family mortgage		1,661,950		9,763		1,671,713
Non-owner occupied commercial		4,521,412		81,977		4,603,389
Total real estate - mortgage		8,909,607		105,318		9,014,925
Consumer		76,854		769		77,623
Total	$	13,528,083	$	168,829	$	13,696,912

Financing Receivable, Past Due [Table Text Block]

March 31, 2026	Past Due Status (Accruing Loans)
							Total Past		Total						Nonaccrual
	30-59 Days		60-89 Days		90+ Days		Due		Nonaccrual		Current		Total Loans		With No ACL
	(In Thousands)

Commercial, financial and agricultural	$	1,035	$	835	$	87	$	1,957	$	25,200	$	3,162,547	$	3,189,704	$	20,599
Real estate - construction		-		-		-		-		36,970		1,494,072		1,531,042		30,520
Real estate - mortgage:
Owner-occupied commercial		4,130		4,909		-		9,039		20,811		2,688,662		2,718,512		20,753
1-4 family mortgage		7,609		900		1,130		9,639		9,640		1,675,861		1,695,140		9,373
Non-owner occupied commercial		1,210		1,670		-		2,880		83,305		4,653,457		4,739,642		77,131
Total real estate -mortgage		12,949		7,479		1,130		21,558		113,756		9,017,980		9,153,294		107,257
Consumer		73		30		57		160		687		71,026		71,873		-
Total	$	14,057	$	8,344	$	1,274	$	23,675	$	176,613	$	13,745,625	$	13,945,913	$	158,376

December 31, 2025	Past Due Status (Accruing Loans)
							Total Past		Total						Nonaccrual
	30-59 Days		60-89 Days		90+ Days		Due		Nonaccrual		Current		Total Loans		With No ACL
	(In Thousands)

Commercial, financial and agricultural	$	1,001	$	1,533	$	101	$	2,635	$	26,756	$	3,117,345		3,146,736	$	19,724
Real estate - construction		-		1,148		-		1,148		35,885		1,420,595		1,457,628		35,173
Real estate - mortgage:
Owner-occupied commercial		5,815		295		-		6,110		13,578		2,720,135		2,739,823		13,578
1-4 family mortgage		998		4,770		323		6,091		9,440		1,656,182		1,671,713		8,993
Non-owner occupied commercial		2,663		-		-		2,663		81,977		4,518,749		4,603,389		77,930
Total real estate -mortgage		9,476		5,065		323		14,864		104,995		8,895,066		9,014,925		100,501
Consumer		491		140		54		685		715		76,223		77,623		15
Total	$	10,968	$	7,886	$	478	$	19,332	$	168,351	$	13,509,229		13,696,912	$	155,413

Financing Receivable, Allowance for Credit Loss [Table Text Block]

	Commercial,						Owner-						Non-owner			Total
	Financial and			Real estate -			Occupied			1-4 family			Occupied			Real Estate -
	Agricultural			Construction			Commercial			Mortgage			Commercial			Mortgage			Consumer			Total
	(In Thousands)
	Three Months Ended March 31, 2026
Allowance for credit losses on Loans:
Balance at January 1, 2026	$	63,620		$	22,432		$	18,833		$	24,739		$	38,971		$	82,543			3,088		$	171,683
Charge-offs		(8,291	)		-			-			(91	)		-			(91	)		(171	)		(8,553	)
Recoveries		178			-			-			-			-			-			35			213
Provision		4,001			5,502			(393	)		(7	)		1,408			1,008			51			10,562
Balance at March 31, 2026	$	59,508		$	27,934		$	18,440		$	24,641		$	40,379		$	83,460			3,003		$	173,905

	Three Months Ended March 31, 2025
Allowance for credit losses on Loans:
Balance at January 1, 2025	$	55,330		$	38,597		$	22,302		$	14,096		$	31,328		$	67,726		$	2,805		$	164,458
Charge-offs		(2,415	)		(46	)		(2,790	)		(31	)		(750	)		(3,571	)		(60	)		(6,092	)
Recoveries		171			-			-			-			-			-			27			198
Provision		(568	)		3,258			1,818			1,181			1,275			4,274			(494	)		6,470
Balance at March 31, 2025	$	52,518		$	41,809		$	21,330		$	15,246		$	31,853		$	68,429		$	2,278		$	165,034

Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]

			Accounts								ACL
March 31, 2026	Real Estate		Receivable		Equipment		Other		Total		Allocation
	(In Thousands)
Commercial, financial and agricultural	$	18,769	$	2,175	$	3,814	$	27,336	$	52,094	$	12,523
Real estate - construction		37,034		-		-		944		37,978		6,450
Real estate - mortgage:
Owner-occupied commercial		26,720		-		-		-		26,720		57
1-4 family mortgage		9,897		-		109		-		10,006		267
Non-owner occupied commercial		89,220		-		-		875		90,095		6,495
Total real estate - mortgage		125,837		-		109		875		126,821		6,819
Consumer		-		-		-		704		704		704
Total	$	181,640	$	2,175	$	3,923	$	29,859	$	217,597	$	26,496

			Accounts								ACL
December 31, 2025	Real Estate		Receivable		Equipment		Other		Total		Allocation
	(In Thousands)
Commercial, financial and agricultural	$	18,792	$	2,247	$	2,763	$	30,235	$	54,037	$	17,465
Real estate - construction		35,946		-		-		944		36,890		712
Real estate - mortgage:
Owner-occupied commercial		21,076		-		-		76		21,152		-
1-4 family mortgage		9,887		-		109		-		9,996		446
Non-owner occupied commercial		87,917		-		-		875		88,792		5,434
Total real estate - mortgage		118,880		-		109		951		119,940		5,880
Consumer		-		-		15		721		736		721
Total	$	173,618	$	2,247	$	2,887	$	32,851	$	211,603	$	24,778

Financing Receivable, Modified [Table Text Block]

	Three Months Ended March 31, 2026

	Term		Payment		New				Percentage of
	Extensions		Deferral		Originations		Total		Total Loans
	(In Thousands)

Commercial, financial and agricultural	$	3,291	$	7,364	$	-	$	10,655		0.08	%
Real estate - construction		-		945		-		945		0.01	%
Owner-occupied commercial		-		2,157		-		2,157		0.02	%
1-4 family mortgage		176		403		-		579		-	%
Non-owner occupied commercial		-		-		1,059		1,059		0.01	%
Total	$	3,467	$	10,869	$	1,059	$	15,395		0.12	%

	Three Months Ended March 31, 2025

	Term		Payment		New				Percentage of
	Extensions		Deferral		Originations		Total		Total Loans
	(In Thousands)

Commercial, financial and agricultural	$	-	$	-	$	-	$	-		-	%
Real estate - construction		-		-		-		-		-	%
Owner-occupied commercial		-		11,114		-		11,114		0.09	%
1-4 family mortgage		-		-		-		-		-	%
Non-owner occupied commercial		-		-		-		-		-	%
Total	$	-	$	11,114	$	-	$	11,114		0.09	%

	Three Months Ended March 31, 2026
			Total Payment
	Term Extensions		Deferral
	(In months)		(In Thousands)
Commercial, financial and agricultural		4 to 12	$	100
Real estate - construction		4		17
Owner-occupied commercial		4		116
1-4 family mortgage		4 to 7		25
Non-owner occupied commercial		-		-

	Three Months Ended March 31, 2025
			Total Payment
	Term Extensions		Deferral
	(In months)		(In Thousands)
Commercial, financial and agricultural		-	$	-
Real estate - construction		-		-
Owner-occupied commercial		3		132
1-4 family mortgage		-		-
Non-owner occupied commercial		-		-