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)

9 Months Ended

Sep. 30, 2026

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

	September 30,			December 31,
	2026			2025
	(Dollars In Thousands)
Commercial, financial and agricultural	$	3,386,275		$	3,146,736
Real estate - construction		1,566,203			1,457,628
Real estate - mortgage:
Owner-occupied commercial		2,853,062			2,739,823
1-4 family mortgage		1,717,781			1,671,713
Non-owner occupied commercial		5,141,148			4,603,389
Subtotal: Real estate - mortgage		9,711,991			9,014,925
Consumer		72,834			77,623
Total Loans		14,737,303			13,696,912
Less: Allowance for credit losses on loans		(189,010	)		(171,683	)
Net Loans	$	14,548,293		$	13,525,229


Commercial, financial and agricultural		22.98	%		22.97	%
Real estate - construction		10.63	%		10.64	%
Real estate - mortgage:
Owner-occupied commercial		19.36	%		20.00	%
1-4 family mortgage		11.66	%		12.21	%
Non-owner occupied commercial		34.88	%		33.61	%
Subtotal: Real estate - mortgage		65.90	%		65.82	%
Consumer		0.49	%		0.57	%
Total Loans		100.00	%		100.00	%

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

September 30, 2026	2026		2025		2024		2023		2022		Prior		Revolving		Revolving Lines of Credit Converted to Term Loans		Total
	(In Thousands)
Commercial, financial and agricultural
Pass	$	604,019	$	501,503	$	233,897	$	90,009	$	160,551	$	291,773	$	1,403,780	$	21,137	$	3,306,669
Special Mention		898		2,234		3,900		780		2,778		7,284		18,488		1,280		37,642
Substandard - Accruing		-		-		1		-		463		16,364		4,719		1		21,548
Substandard - Non-accrual		-		-		1,531		1		327		9,855		8,260		442		20,416
Total Commercial, financial and agricultural	$	604,917	$	503,737	$	239,329	$	90,790	$	164,119	$	325,276	$	1,435,247	$	22,860	$	3,386,275
Current-period gross write-offs	$	-	$	-	$	999	$	576	$	373	$	1,734	$	10,434	$	111	$	14,227

Real estate - construction
Pass	$	314,380	$	544,660	$	226,442	$	104,339	$	158,884	$	59,873	$	110,382	$	-	$	1,518,960
Special Mention		1,257		-		281		535		5,236		1,549		641		-		9,499
Substandard - Accruing		-		-		-		1		-		-		1		-		2
Substandard - Non-accrual		-		4,778		2,094		666		12,828		17,376		-		-		37,742
Total Real estate - construction	$	315,637	$	549,438	$	228,817	$	105,541	$	176,948	$	78,798	$	111,024	$	-	$	1,566,203
Current-period gross write-offs	$	-	$	-	$	-	$	711	$	6,959	$	-	$	-	$	-	$	7,670

Owner-occupied commercial
Pass	$	347,725	$	492,435	$	334,447	$	141,504	$	399,452	$	985,812	$	82,862	$	3,634	$	2,787,871
Special Mention		-		-		4,331		5,047		388		22,953		5,462		-		38,181
Substandard - Accruing		-		-		1,213		-		639		3,561		1,347		-		6,760
Substandard - Non-accrual		-		3,295		-		3,161		4,580		9,214		-		-		20,250
Total Owner-occupied commercial	$	347,725	$	495,730	$	339,991	$	149,712	$	405,059	$	1,021,540	$	89,671	$	3,634	$	2,853,062
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

1-4 family mortgage
Pass	$	221,540	$	275,975	$	205,060	$	88,031	$	235,114	$	238,957	$	427,569	$	3,362	$	1,695,608
Special Mention		511		349		4,076		353		1,152		3,722		4,576		985		15,724
Substandard - Accruing		-		-		-		-		-		-		175		1		176
Substandard - Non-accrual		-		743		957		761		333		2,747		732		-		6,273
Total 1-4 family mortgage	$	222,051	$	277,067	$	210,093	$	89,145	$	236,599	$	245,426	$	433,052	$	4,348	$	1,717,781
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	-	$	5	$	-	$	91	$	96

Non-owner occupied commercial
Pass	$	782,035	$	704,153	$	692,081	$	222,329	$	1,132,208	$	1,300,549	$	87,498	$	3,837	$	4,924,690
Special Mention		1,046		-		-		698		2,826		132,518		-		695		137,783
Substandard - Accruing		-		-		-		-		3,099		815		-		-		3,914
Substandard - Non-accrual		-		-		-		-		16,120		58,641		-		-		74,761
Total Non-owner occupied commercial	$	783,081	$	704,153	$	692,081	$	223,027	$	1,154,253	$	1,492,523	$	87,498	$	4,532	$	5,141,148
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	207	$	-	$	-	$	-	$	207

Consumer
Pass	$	23,135	$	7,092	$	1,423	$	1,087	$	918	$	1,337	$	37,037	$	-	$	72,029
Special Mention		8		-		-		-		44		18		93		-		163
Substandard - Accruing		-		-		-		-		-		-		-		-		-
Substandard - Non-accrual		-		-		-		-		-		642		-		-		642
Total Consumer	$	23,143	$	7,092	$	1,423	$	1,087	$	962	$	1,997	$	37,130	$	-	$	72,834
Current-period gross write-offs	$	-	$	-	$	-	$	-	$	15	$	372	$	-	$	-	$	387

Total Loans
Pass	$	2,292,834	$	2,525,818	$	1,693,350	$	647,299	$	2,087,127	$	2,878,301	$	2,149,128	$	31,970	$	14,305,827
Special Mention		3,720		2,583		12,588		7,413		12,424		168,044		29,260		2,960		238,992
Substandard - Accruing		-		-		1,214		1		4,201		20,740		6,242		2		32,400
Substandard - Non-accrual		-		8,816		4,582		4,589		34,188		98,475		8,992		442		160,084
Total Loans	$	2,296,554	$	2,537,217	$	1,711,734	$	659,302	$	2,137,940	$	3,165,560	$	2,193,622	$	35,374	$	14,737,303
Current-period gross write-offs	$	-	$	-	$	999	$	1,287	$	7,554	$	2,111	$	10,434	$	202	$	22,587

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]

September 30, 2026	Performing		Nonperforming		Total
	(In Thousands)

Commercial, financial and agricultural	$	3,365,801	$	20,474	$	3,386,275
Real estate - construction		1,528,461		37,742		1,566,203
Real estate - mortgage:
Owner-occupied commercial		2,832,812		20,250		2,853,062
1-4 family mortgage		1,710,083		7,698		1,717,781
Non-owner occupied commercial		5,066,387		74,761		5,141,148
Total real estate -mortgage		9,609,282		102,709		9,711,991
Consumer		72,161		673		72,834
Total	$	14,575,705	$	161,598	$	14,737,303

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]

September 30, 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	$	1,571	$	4,900	$	58	$	6,529	$	20,416	$	3,359,330	$	3,386,275	$	11,742
Real estate - construction		-		8,790		-		8,790		37,742		1,519,671		1,566,203		22,961
Real estate - mortgage:
Owner-occupied commercial		1,864		-		-		1,864		20,250		2,830,948		2,853,062		20,150
1-4 family mortgage		163		4,199		1,425		5,787		6,273		1,705,721		1,717,781		5,965
Non-owner occupied commercial		-		-		-		-		74,761		5,066,387		5,141,148		63,151
Total real estate -mortgage		2,027		4,199		1,425		7,651		101,284		9,603,056		9,711,991		89,266
Consumer		36		56		31		123		642		72,069		72,834		-
Total	$	3,634	$	17,945	$	1,514	$	23,093	$	160,084	$	14,554,126	$	14,737,303	$	123,969

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,						Real-Estate Mortgage
	financial and			Real estate -			Owner-occupied			1-4 family			Non-owner
	agricultural			construction			commercial			mortgage			occupied commercial			Subtotal			Consumer			Total
	(In Thousands)
	Three Months Ended September 30, 2026
Allowance for credit losses on Loans:
Balance at July 1, 2026	$	57,245		$	33,427		$	18,011		$	24,898		$	45,507		$	88,416		$	2,765		$	181,853
Charge-offs		(1,862	)		(6,959	)		-			-			(207	)		(207	)		(137	)		(9,165	)
Recoveries		1,398			-			-			3			-			3			23			1,424
Provision		5,953			10,689			864			(2,863	)		1,434			(565	)		(1,179	)		14,898
Balance at September 30, 2026	$	62,734		$	37,157		$	18,875		$	22,038		$	46,734		$	87,647		$	1,472		$	189,010

	Three Months Ended September 30, 2025
Allowance for credit losses:
Balance at July 1, 2025	$	53,022		$	46,423		$	20,927		$	14,944		$	32,189		$	68,060		$	2,454		$	169,959
Charge-offs		(7,947	)		-			(688	)		(235	)		(371	)		(1,294	)		(109	)		(9,350	)
Recoveries		237			30			-			-			-			-			21			288
Provision		12,785			(4,373	)		(62	)		859			(580	)		217			709			9,338
Balance at September 30, 2025	$	58,097		$	42,080		$	20,177		$	15,568		$	31,238		$	66,983		$	3,075		$	170,235

	Nine Months Ended September 30, 2026
Allowance for credit losses:
Balance at January 1, 2026	$	63,620		$	22,432		$	18,833		$	24,739		$	38,971		$	82,543		$	3,088		$	171,683
Charge-offs		(14,227	)		(7,670	)		-			(96	)		(207	)		(303	)		(387	)		(22,587	)
Recoveries		2,243			-			390			7			2			399			117			2,759
Provision		11,098			22,395			(348	)		(2,612	)		7,968			5,008			(1,346	)		37,155
Balance at September 30, 2026	$	62,734		$	37,157		$	18,875		$	22,038		$	46,734		$	87,647		$	1,472		$	189,010

	Nine Months Ended September 30, 2025
Allowance for credit losses:
Balance at January 1, 2025	$	55,330		$	38,597		$	22,302		$	14,096		$	31,328		$	67,726		$	2,805		$	164,458
Charge-offs		(17,209	)		(46	)		(4,038	)		(286	)		(1,121	)		(5,445	)		(242	)		(22,942	)
Recoveries		1,367			30			1			-			-			1			105			1,503
Provision		18,609			3,499			1,912			1,758			1,031			4,701			407			27,216
Balance at September 30, 2025	$	58,097		$	42,080		$	20,177		$	15,568		$	31,238		$	66,983		$	3,075		$	170,235

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

			Accounts								ACL
September 30, 2026	Real Estate		Receivable		Equipment		Other		Total		Allocation
	(In Thousands)
Commercial, financial and agricultural	$	10,610	$	726	$	1,392	$	29,270	$	41,998	$	14,760
Real estate - construction		33,090		-		-		944		34,034		14,781
Real estate - mortgage:
Owner-occupied commercial		27,110		-		-		-		27,110		194
1-4 family mortgage		10,129		-		108		-		10,237		483
Non-owner occupied commercial		77,922		-		-		876		78,798		11,838
Total real estate - mortgage		115,161		-		108		876		116,145		12,515
Consumer		-		-		-		642		642		642
Total	$	158,861	$	726	$	1,500	$	31,732	$	192,819	$	42,698

			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 September 30, 2026
					Payment Deferral
	Term		Payment		and Term						Percentage of
	Extensions		Deferral		Extensions		New loan		Total		Total Loans
	(In Thousands)
Commercial, financial and agricultural	$	338	$	822	$	-	$	-	$	1,160		0.01	%
Real estate - construction		-		-		-		-		-		-	%
Owner-occupied commercial		-		-		-		-		-		-	%
1-4 family mortgage		-		-		-		-		-		-	%
Non-owner occupied commercial		-		-		-		-		-		-	%
Total	$	338	$	822	$	-	$	-	$	1,160		0.01	%

	Nine Months Ended September 30, 2026
					Payment Deferral
	Term		Payment		and Term						Percentage of
	Extensions		Deferral		Extensions		New loan		Total		Total Loans
	(In Thousands)
Commercial, financial and agricultural	$	3,388	$	7,304	$	-	$	-	$	10,692		0.07	%
Real estate - construction		-		945		-		-		945		0.01	%
Owner-occupied commercial		-		3,360		-		-		3,360		0.02	%
1-4 family mortgage		175		458		-		-		633		-	%
Non-owner occupied commercial		-		-		-		1,046		1,046		0.01	%
Total	$	3,563	$	12,067	$	-	$	1,046	$	16,676		0.11	%

	Three Months Ended September 30, 2025
					Payment Deferral
	Term		Payment		and Term						Percentage of
	Extensions		Deferral		Extensions		New loan		Total		Total Loans
	(In Thousands)
Commercial, financial and agricultural	$	151	$	8,236	$	495	$	-	$	8,882		0.07	%
Real estate - construction		-		5,945		-		-		5,945		0.04	%
Owner-occupied commercial		-		2,211		-		-		2,211		0.02	%
1-4 family mortgage		-		402		-		-		402		-	%
Non-owner occupied commercial		-		-		-		-		-		-	%
Total	$	151	$	16,794	$	495	$	-	$	17,440		0.13	%

	Nine Months Ended September 30, 2025
					Payment Deferral
	Term		Payment		and Term						Percentage of
	Extensions		Deferral		Extensions		New loan		Total		Total Loans
	(In Thousands)
Commercial, financial and agricultural	$	151	$	8,236	$	495	$	-	$	8,882		0.07	%
Real estate - construction		-		5,945		-		-		5,945		0.04	%
Owner-occupied commercial		-		13,325		-		-		13,325		0.10	%
1-4 family mortgage		-		402		-		-		402		-	%
Non-owner occupied commercial		-		-		-		-		-		-	%
Total	$	151	$	27,908	$	495	$	-	$	28,554		0.21	%

	Three Months Ended September 30, 2026
			Total Payment
	Term Extensions		Deferral
	(In months)		(In Thousands)
Commercial, financial and agricultural		4 to 240	$	63
Real estate - construction		-		-
Owner-occupied commercial		-		-
1-4 family mortgage		-		-
Non-owner occupied commercial		-		-

	Nine Months Ended September 30, 2026
			Total Payment
	Term Extensions		Deferral
	(In months)		(In Thousands)
Commercial, financial and agricultural		4 to 240	$	180
Real estate - construction		4		25
Owner-occupied commercial		4 to 6		168
1-4 family mortgage		3 to 7		17
Non-owner occupied commercial		-		-

	Three Months Ended September 30, 2025
			Total Payment
	Term Extensions		Deferral
	(In months)		(In Thousands)
Commercial, financial and agricultural		3 to 5	$	466
Real estate - construction		4 to 5		339
Owner-occupied commercial		4		100
1-4 family mortgage		4		17
Non-owner occupied commercial		-		-

	Nine Months Ended September 30, 2025
	Term Extensions (In months)		Total Payment Deferral (In Thousands)
Commercial, financial and agricultural		3 to 5	$	466
Real estate - construction		4 to 5		339
Owner-occupied commercial		4 to 8		232
1-4 family mortgage		4		17
Non-owner occupied commercial		-		-