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Parent Company Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2017
Parent Company Financial Information [Abstract] |
Schedule of condensed financial information of Southern First Bancshares, Inc. (parent company only) | Condensed Balance Sheets
|  | December 31,
(dollars in thousands) |  |  | 2017 |  | 2016
Assets |  |  |  |  |
Cash and cash equivalents |  | $ | 3,623 |  | 1,949
Investment in subsidiaries |  |  | 159,440 |  | 118,526
Other assets |  |  | 32 |  | 2,804
Total assets |  | $ | 163,095 |  | 123,279
Liabilities and Shareholders’ Equity |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 6 |  | 4
Junior subordinated debentures |  |  | 13,403 |  | 13,403
Shareholders’ equity |  |  | 149,686 |  | 109,872
Total liabilities and shareholders’ equity |  | $ | 163,095 |  | 123,279
Condensed Statements of Income
|  | For the years ended December 31, |
(dollars in thousands) |  | 2017 |  |  | 2016 |  |  | 2015 |
Revenues |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 11 |  |  | 2 |  |  | 4 |
Total revenue |  |  | 11 |  |  | 2 |  |  | 4 |
Expenses |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 514 |  |  | 402 |  |  | 349 |
Other expenses |  |  | 246 |  |  | 243 |  |  | 829 |
Total expenses |  |  | 760 |  |  | 645 |  |  | 1,178 |
Income tax benefit |  |  | 262 |  |  | 172 |  |  | 212 |
Loss before equity in undistributed net income of subsidiaries |  |  | (487 | ) |  | (471 | ) |  | (962 | )
Equity in undistributed net income of subsidiaries |  |  | 13,532 |  |  | 13,507 |  |  | 11,129 |
Net income |  | $ | 13,045 |  |  | 13,036 |  |  | 10,167 |
Condensed Statements of Cash Flows
|  | For the years ended December 31, |
(dollars in thousands) |  | 2017 |  |  | 2016 |  |  | 2015 |
Operating activities |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 13,045 |  |  | 13,036 |  |  | 10,167 |
Adjustments to reconcile net income to cash provided by (used for) operating activities |  |  |  |  |  |  |  |  |  |
Equity in undistributed net income of subsidiaries |  |  | (13,532 | ) |  | (13,507 | ) |  | (11,129 | )
Compensation expense related to stock options and restricted stock grants |  |  | 1,258 |  |  | 1,998 |  |  | 759 |
(Increase) decrease in other assets |  |  | 2,772 |  |  | (449 | ) |  | (192 | )
Increase (decrease) in accounts payable and accrued expenses |  |  | 2 |  |  | (1 | ) |  | - |
Net cash provided by (used for) operating activities |  |  | 3,545 |  |  | 1,077 |  |  | (395 | )
Investing activities |  |  |  |  |  |  |  |  |  |
Investment in subsidiaries, net |  |  | (27,334 | ) |  | (668 | ) |  | (2,250 | )
Net cash used for investing activities |  |  | (27,334 | ) |  | (668 | ) |  | (2,250 | )
Financing activities |  |  |  |  |  |  |  |  |  |
Issuance of common stock |  |  | 24,758 |  |  | - |  |  | - |
Proceeds from the exercise of stock options and warrants |  |  | 705 |  |  | 1,098 |  |  | 628 |
Net cash provided by financing activities |  |  | 25,463 |  |  | 1,098 |  |  | 628 |
Net increase (decrease) in cash and cash equivalents |  |  | 1,674 |  |  | 1,507 |  |  | (2,017 | )
Cash and cash equivalents, beginning of year |  |  | 1,949 |  |  | 442 |  |  | 2,459 |
Cash and cash equivalents, end of year |  | $ | 3,623 |  |  | 1,949 |  |  | 442

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