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Employee Benefit Plan | 12 Months Ended
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Dec. 31, 2019
Employee Benefit Plan [Abstract] |
Employee Benefit Plan | NOTE 20 – Employee Benefit Plan On January 1, 2000, the Company adopted the Southern First Bancshares, Inc. Profit Sharing and 401(k) Plan for the benefit of all eligible employees. The Company contributes to the Plan annually upon approval by the Board of Directors. Contributions made to the Plan for the years ended December 31, 2019, 2018, and 2017 amounted to $693,000, $587,000, and $476,000, respectively. The Company also provides a nonqualified deferred compensation plan for 24 executive officers in the form of a Supplemental Executive Retirement Plan (“SERP”). The SERP provides retirement income for these officers. As of December 31, 2019 and 2018, the Company had an accrued benefit obligation of $6.7 million and $6.1 million, respectively. The Company incurred expenses related to this plan of $657,000, $940,000, and $792,000 in 2019, 2018, and 2017, respectively.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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