Southern First Bancshares, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.5M | $5.2M | $6.8M | $46.9M | $38.8M | $32.8M | $29.8M | $26.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $45.2M | $34.0M | $28.6M | $23.0M | $16.6M | $14.6M | $14.4M | $14.8M |
| Operating Margin | 815.2% | 659.8% | 417.7% | 49.1% | 42.9% | 44.6% | 48.4% | 56.7% |
| Interest Expense | $16.5M | $10.3M | $8.2M | $7.5M | $6.9M | $7.1M | $8.7M | $11.9M |
| Pretax Income | $28.7M | $23.7M | $20.4M | $15.5M | $9.7M | $7.5M | $5.7M | $2.9M |
| Income Tax Expense | $6.4M | $10.6M | $7.3M | $5.4M | $3.1M | $2.4M | $1.8M | $833.0K |
| Net Income | $22.3M | $13.0M | $13.0M | $10.2M | $6.6M | $5.1M | $3.9M | $2.1M |
| Net Margin | 402.0% | 253.2% | 190.7% | 21.7% | 17.1% | 15.6% | 13.0% | 8.0% |
| EPS (Basic) | $3.02 | $1.86 | $2.06 | $1.64 | $1.15 | $1.02 | $0.65 | $0.22 |
| EPS (Diluted) | $2.88 | $1.76 | $1.94 | $1.55 | $1.10 | $0.98 | $0.64 | $0.22 |
| Shares Outstanding (Basic) | 7.4M | 7.0M | 6.3M | 6.2M | 5.0M | 4.3M | 4.2M | 3.82B |
| Shares Outstanding (Diluted) | 7.7M | 7.4M | 6.7M | 6.6M | 5.2M | 4.5M | 4.3M | 3.90B |
| Dividends Per Share | — | — | — | — | — | — | — | — |