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Document And Entity Information (USD $)
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12 Months Ended | ||
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Dec. 31, 2013
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Feb. 28, 2014
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Jun. 30, 2013
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| Document Information [Line Items] | |||
| Document Type | 10-K | ||
| Amendment Flag | true | ||
| Amendment Description | In this Amendment No. 1 to Annual Report on Form 10-K, or this 10-K/A, unless otherwise indicated, we refer to ServisFirst Bancshares, Inc., a Delaware corporation, as “we,” ”our,” “us,” “the Company,” “ServisFirst Bancshares” or “ServisFirst” and to ServisFirst Bancshares, Inc., and its subsidiaries, including ServisFirst Bank, as “our bank subsidiary” or “the Bank.” We are filing this Form 10-K/A to amend certain disclosures in our Annual Report on Form 10-K for the fiscal year ended December 31, 2013, as originally filed with the Securities and Exchange Commission on March 7, 2014 (our “Report”), to correct certain inadvertent typographical and clerical errors. The principal changes to our Report effected by this amendment are the following: In Part I, Item 1A (Risk Factors), of our Report, we amended the risk factor related to the fair value of our investment securities portfolio as of December 31, 2013, from $257.5 million to $297.5 million. In Part II, Item 5 (Market For Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities), of our Report, we revised the amount of shares of our common stock subject to outstanding options to purchase shares of our common stock as of December 31, 2013, from 816,500 to 776,300. Part II, Item 6 (Selected Financial Data), of our Report, we revised the following line items to the following amounts as of and for the corresponding years ended December 31: “Book value,” changing the amount from 26.34 to 26.35 for 2011 “Actual shares outstanding,” changing the amount from 7,346,512 to 7,350,012 for 2013 “Return on average stockholders’ equity,” changing the amount from 15.55 to 15.54 for 2013 “Efficiency ratio,” changing the amount from 59.57 to 59.93 for 2009 “Allowance for loan losses to total gross loans,” changing the amount from 1.24 to 1.22 for 2009 “Allowance for loan losses to total non-performing loans,” changing the amount from 122.34 to 120.91 for 2009 “Net average loans to average earning assets,” changing the amount from 84.65 to 84.80 for 2013, and from 79.82 to 79.89 for 2012 “Noninterest-bearing deposits to total deposits,” changing the amount from 16.96 to 19.54 for 2011 “Stockholders’ equity to total assets,” changing the amount from 7.97 to 7.98 for 2011 “Percentage change in net income,” changing the amount from (16.10) to (16.09) for 2009 In Part II, Item 6 (Selected Financial Data), of our Report, we revised the “Net average loans to average assets” line item for the years ended December 31, 2013 and 2012, changing the ratios from 84.65% to 84.80% and 79.82% to 79.89%, respectively. In Part II, Item 8 (Financial Statements and Supplementary Data), of our Report, with respect to the line items “Dividends on preferred stock” and “Net income available to common stockholders” in our Consolidated Statements of Income for the year ended December 31, 2013, we revised “Dividends on preferred stock,” changing the amount from 400 to 416 (in thousands) and “Net income available to common stockholders” from 41,217 to 41,201 (in thousands). In part II, Item 8 (Financial Statements and Supplementary Data), of our Report, with respect to the line items “Net income available to common stockholders” and “Net income available to common stockholders, adjusted for effect of debt conversion,” in our Note 20 Earnings Per Common Share for the year ended December 31, 2013, we revised “Net income available to common stockholders,” changing the amount from 41,217 to 41,201 (in thousands) and “Net income available to common stockholders, adjusted for effect of debt conversion,” changing the amount from 41,332 to 41,316 (in thousands). As required by Rule 12b-15 of the Securities Exchange Act of 1934, as amended, new certifications by our principal executive officer and principal financial officer are being filed as exhibits herewith. As further required by Rule 12b-15, this Form 10-K/A sets forth the complete text of each item as amended. This Form 10-K/A does not affect any section of our Report not specifically discussed herein and continues to speak as of the date of our Report. Other than as specially reflected in this Form 10-K/A, this Form 10-K/A does not reflect events occurring after the filing of our Report or modify or update any related disclosures. Accordingly, this Form 10-K/A should be read in conjunction with our other filings made with the SEC subsequent to the filing of our Report. | ||
| Document Period End Date | Dec. 31, 2013 | ||
| Document Fiscal Year Focus | 2013 | ||
| Document Fiscal Period Focus | FY | ||
| Trading Symbol | SVFB | ||
| Entity Registrant Name | ServisFirst Bancshares, Inc. | ||
| Entity Central Index Key | 0001430723 | ||
| Current Fiscal Year End Date | --12-31 | ||
| Entity Well-known Seasoned Issuer | No | ||
| Entity Current Reporting Status | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Filer Category | Accelerated Filer | ||
| Entity Common Stock, Shares Outstanding | 7,420,812 | ||
| Entity Public Float | $ 257,793,684 |