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
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 115,442 $ 95,127
Interest-bearing balances due from depository institutions 1,089,592 1,026,607
Securities purchased with agreement to resell 250,439 498,910
Federal funds sold 1,000 6,052
Cash and cash equivalents 1,456,473 1,626,696
Available-for-sale debt securities, at fair value 995,051 1,068,825
Held-to-maturity debt securities (fair value of $590,280 and $616,535, respectively) 635,480 660,076
Restricted equity securities 12,475 12,203
Mortgage loans held for sale 14,886 11,744
Loans 14,478,489 13,696,912
Less allowance for credit losses (181,853) (171,683)
Loans, net 14,296,636 13,525,229
Premises and equipment, net 63,648 60,396
Accrued interest and dividends receivable 61,873 61,956
Deferred tax asset, net 49,664 49,705
Other real estate owned and repossessed assets 4,834 2,583
Bank owned life insurance contracts 465,406 435,328
Goodwill 13,615 13,615
Other assets 275,457 198,834
Total assets 18,345,498 17,727,190
LIABILITIES AND STOCKHOLDERS' EQUITY    
Noninterest-bearing demand 2,995,402 2,684,272
Interest-bearing 11,553,328 11,534,762
Total deposits 14,548,730 14,219,034
Federal funds purchased 1,579,388 1,471,628
Other borrowings 34,750 34,750
Accrued interest and dividends payable 27,854 29,990
Other liabilities 176,358 121,441
Total liabilities 16,367,080 15,876,843
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 1,000,000 authorized and undesignated at June 30, 2026 and December 31, 2025 0 0
Common stock, par value $0.001 per share; 200,000,000 shares authorized: 54,671,023 shares issued and outstanding at June 30, 2026, and 54,624,955 shares issued and outstanding at December 31, 2025 55 54
Additional paid-in capital 239,317 237,839
Retained earnings 1,741,070 1,613,746
Accumulated other comprehensive loss (2,524) (1,792)
Total stockholders' equity attributable to ServisFirst Bancshares, Inc. 1,977,918 1,849,847
Noncontrolling interest 500 500
Total stockholders' equity 1,978,418 1,850,347
Total liabilities and stockholders' equity $ 18,345,498 $ 17,727,190