NASDAQ, SFST - Southern First Bancs
Southern First Bancshares, Inc. (the "company") is a South Carolina
corporation that owns all of the capital stock of Southern First Bank, N.A. (the
"bank") and all of the stock of Greenville First Statutory Trust I and II
(collectively (the "Trusts")). On July 2, 2007 the company and bank changed
their name to Southern First Bancshares, Inc. and Southern First Bank, N.A.,
respectively. The bank is a national bank organized under the laws of the
United States with offices located in Greenville and Richland Counties, South
Carolina. The bank is primarily engaged in the business of accepting demand
deposits and savings deposits insured by the Federal Deposit Insurance
Corporation, and providing commercial, consumer and mortgage loans to the
general public. The bank owns all of the capital stock of JB Properties. This
subsidiary is for the purpose of owning real estate acquired in loan
foreclosures. ...
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