Form 8-K
8-K — ServisFirst Bancshares, Inc.
Accession: 0001171843-26-002569
Filed: 2026-04-20
Period: 2026-04-20
CIK: 0001430723
SIC: 6022 (STATE COMMERCIAL BANKS)
Item: Results of Operations and Financial Condition
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — f8k_042026.htm (Primary)
EX-99.1 — PRESS RELEASE (exh_991.htm)
EX-99.2 — EXHIBIT 99.2 (exh_992.htm)
GRAPHIC (exh991small_1.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: f8k_042026.htm · Sequence: 1
Form 8-K
False000143072300014307232026-04-202026-04-20iso4217:USDxbrli:sharesiso4217:USDxbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM 8-K
_________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 20, 2026
_______________________________
ServisFirst Bancshares, Inc.
(Exact name of registrant as specified in its charter)
_______________________________
Delaware 001-36452 26-0734029
(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.)
2500 Woodcrest Place
Birmingham, Alabama 35209
(Address of Principal Executive Offices) (Zip Code)
(205) 949-0302
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
_______________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common SFBS New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results of Operations and Financial Condition.
On April 20, 2026, ServisFirst Bancshares, Inc., a Delaware corporation (“ServisFirst”), issued a press release announcing its operating results for the quarter ended March 31, 2026. A copy of the press release is attached as Exhibit 99.1.
The information furnished pursuant to Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
Item 7.01. Regulation FD Disclosure.
On April 20, 2026, ServisFirst hosted a call to review first quarter earnings. The supplemental data table is attached as Exhibit 99.2 and is incorporated by reference into this Item 7.01.
The information in this report is being furnished, not filed, pursuant to Regulation FD. Accordingly, the information in Items 7.01 and 9.01 of this report will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Statements in this presentation that are not historical facts, including, but not limited to, statements concerning future operations, results or performance, are hereby identified as "forward-looking statements" for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933. The words "believe," "expect," "anticipate," "project," “plan,” “intend,” “will,” “would,” “might” “could” and similar expressions often signify forward-looking statements. Such statements involve inherent risks and uncertainties. ServisFirst Bancshares, Inc. cautions that such forward-looking statements, wherever they occur in this press release or in other statements attributable to ServisFirst Bancshares, Inc., are necessarily estimates reflecting the judgment of ServisFirst Bancshares, Inc.’s senior management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Such forward-looking statements should, therefore, be considered in light of various factors that could affect the accuracy of such forward-looking statements, including: general economic conditions, especially in the credit markets and in the Southeast; the performance of the capital markets; changes in interest rates, yield curves and interest rate spread relationships; changes in accounting and tax principles, policies or guidelines; changes in legislation or regulatory requirements; changes in our loan portfolio and the deposit base; possible changes in laws and regulations and governmental monetary and fiscal policies, including, but not limited to, economic stimulus initiatives; the cost and other effects of legal and administrative cases and similar contingencies; possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans and the value of collateral; the effect of natural disasters, such as hurricanes and tornados, in our geographic markets; and increased competition from both banks and non-bank financial institutions. The foregoing list of factors is not exhaustive. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-looking Statements” and “Risk Factors” in our most recent Annual Report on Form 10-K and our other SEC filings. If one or more of the factors affecting our forward-looking information and statements proves incorrect, then our actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained herein. Accordingly, you should not place undue reliance on any forward-looking statements, which speak only as of the date made. ServisFirst Bancshares, Inc. assumes no obligation to update or revise any forward-looking statements that are made from time to time.
Item 9.01. Financial Statements and Exhibits.
(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits. The following exhibits are included with this Current Report on Form 8-K:
Exhibit No. Description
99.1 Press Release dated April 20, 2026
99.2 Supplemental data table April 20, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ServisFirst Bancshares, Inc.
Date: April 20, 2026 By: /s/ Thomas A. Broughton, III
Thomas A. Broughton, III
Chairman, President and Chief Executive Officer
EX-99.1 — PRESS RELEASE
EX-99.1
Filename: exh_991.htm · Sequence: 2
EdgarFiling
EXHIBIT 99.1
ServisFirst Bancshares, Inc. Announces Results For First Quarter of 2026
BIRMINGHAM, Ala., April 20, 2026 (GLOBE NEWSWIRE) -- ServisFirst Bancshares, Inc. (NYSE: SFBS), today announced earnings and operating results for the quarter ended March 31, 2026.
First Quarter 2026 Highlights:
Diluted earnings per share of $1.52 for the quarter, up 31% from the first quarter of 2025.
Diluted earnings per share includes the impact of a $1.0 million, or $0.02 per share, accounting reversal related to BOLI income in the fourth quarter of 2025. Excluding this impact, diluted earnings per share would have been $1.54, a 33% increase from the first quarter of 2025.
Net interest margin of 3.53%, up 15 basis points from the fourth quarter of 2025 and 61 basis points from the first quarter of 2025.
Efficiency ratio under 30%, down from 35% in the first quarter of 2025.
Cost of interest-bearing deposits of 2.79%, down 22 basis points from the fourth quarter of 2025 and 61 basis points from the first quarter of 2025.
Loans grew $249 million, or 7% annualized, during the quarter.
Deposits grew $268 million, or 8% annualized, during the quarter.
Book value per share of $34.99, up 13.4% annualized from the fourth quarter of 2025 and 14.5% from the first quarter of 2025.
Liquidity remains strong with $1.84 billion in cash and cash equivalents, equaling 10% of our total assets, and no FHLB advances or brokered deposits.
Consolidated common equity tier 1 capital to risk-weighted assets increased from 11.48% in the first quarter of 2025 to 11.86% in the first quarter of 2026.
Return on average common stockholder’s equity increased from 15.63% to 17.91% year-over-year.
Tom Broughton, Chairman, President, and CEO, said, “The outlook for loan and deposit growth for the remainder of the year is very positive and we believe we have the best commercial bankers in the Southeast.”
David Sparacio, CFO, said, “We delivered another quarter of stellar results from a net income perspective. Compared with the same quarter a year ago, our net income increased 31%, and for the second consecutive quarter, our efficiency ratio was below 30%. We continue to see margin expansion and net income growth, which resulted in a 1.89% Return on Average Assets, despite robust hiring in our new Houston market late last year.”
* This press release includes certain non-GAAP financial measures: tangible common stockholders' equity, total tangible assets, tangible book value per share, and tangible common equity to total tangible assets. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.”
FINANCIAL SUMMARY (UNAUDITED)
(in Thousands except share and per share amounts) Period Ending
March 31, 2026 Period Ending
December 31,
2025 % Change
From Period
Ending
December 31,
2025 to Period
Ending March
31, 2026 Period Ending
March 31, 2025 % Change From
Period Ending
March 31, 2025
to Period
Ending March
31, 2026
QUARTERLY OPERATING RESULTS
Net Income $ 82,971 $ 86,384 (4.0 ) % $ 63,224 31.2 %
Net Income Available to Common Stockholders $ 82,971 $ 86,353 (3.9 ) % $ 63,224 31.2 %
Diluted Earnings Per Share $ 1.52 $ 1.58 (3.8 ) % $ 1.16 31.0 %
Return on Average Assets 1.89 % 1.91 % 1.45 %
Return on Average Common Stockholders' Equity 17.91 % 18.93 % 15.63 %
Average Diluted Shares Outstanding 54,695,017 54,675,802 54,656,630
BALANCE SHEET
Total Assets $ 18,171,287 $ 17,727,190 2.5 % $ 18,636,766 (2.5 ) %
Loans 13,945,913 13,696,912 1.8 % 12,886,831 8.2 %
Non-interest-bearing Demand Deposits 2,836,622 2,684,272 5.7 % 2,647,577 7.1 %
Total Deposits 14,486,364 14,219,034 1.9 % 14,429,061 0.4 %
Stockholders' Equity 1,912,537 1,850,347 3.4 % 1,668,900 14.6 %
DETAILED FINANCIALS
ServisFirst Bancshares, Inc. reported net income and net income available to common stockholders of $83.0 million, $86.4 million, and $63.2 million for the first quarter of 2026, fourth quarter of 2025, and first quarter of 2025, respectively. Basic and diluted earnings per common share were both $1.52 in the first quarter of 2026, compared to $1.58 in the fourth quarter of 2025 and $1.16 in the first quarter of 2025.
Annualized return on average assets was 1.89% and annualized return on average common stockholders’ equity was 17.91% for the first quarter of 2026, compared to 1.45% and 15.63%, respectively, for the first quarter of 2025.
Net interest income was $148.1 million for the first quarter of 2026, compared to $146.5 million for the fourth quarter of 2025 and $123.6 million for the first quarter of 2025. The net interest margin in the first quarter of 2026 was 3.53% compared to 3.38% in the fourth quarter of 2025 and 2.92% in the first quarter of 2025. Loan yields were 6.18% during the first quarter of 2026 compared to 6.29% during the fourth quarter of 2025 and 6.28% during the first quarter of 2025. Investment yields were 3.78% during the first quarter of 2026 compared to 3.77% during the fourth quarter of 2025, and 3.31% during the first quarter of 2025. Average interest-bearing deposit rates were 2.79% during the first quarter of 2026, compared to 3.01% during the fourth quarter of 2025 and 3.40% during the first quarter of 2025. Average federal funds purchased rates were 3.74% during the first quarter of 2026, compared to 4.01% during the fourth quarter of 2025 and 4.50% during the first quarter of 2025. During the fourth quarter of 2025, the Company redeemed its $30 million 4.5% Subordinated Notes due November 2027.
Average loans for the first quarter of 2026 were $13.78 billion, an increase of $279.5 million, or 8.4% annualized, from average loans of $13.50 billion for the fourth quarter of 2025, and an increase of $1.08 billion, or 8.5%, from average loans of $12.71 billion for the first quarter of 2025. Ending total loans for the first quarter of 2026 were $13.95 billion, an increase of $249.0 million, or 7.4% annualized, from $13.70 billion for the fourth quarter of 2025, and an increase of $1.06 billion, or 8.2%, from $12.89 billion for the first quarter of 2025.
Average total deposits for the first quarter of 2026 were $14.13 billion, a decrease of $84.6 million, or 2.4% annualized, from average total deposits of $14.21 billion for the fourth quarter of 2025, and an increase of $236.9 million, or 1.7%, from average total deposits of $13.89 billion for the first quarter of 2025. Ending total deposits for the first quarter of 2026 were $14.49 billion, an increase of $267.3 million, or 7.6% annualized, from $14.22 billion for the fourth quarter of 2025, and an increase of $57.3 million, or 0.4%, from $14.43 billion for the first quarter of 2025.
Non-performing assets to total assets were 1.00% for the first quarter of 2026, compared to 0.97% for the fourth quarter of 2025 and 0.40% for the first quarter of 2025. The year-over-year increase was attributable to a large real-estate secured relationship. Annualized net charge-offs to average loans were 0.25% for the first quarter of 2026, compared to 0.20% for the fourth quarter of 2025 and 0.19% for the first quarter of 2025. During the first quarter of 2026, we recorded a $6.7 million charge-off related to a long-standing impaired relationship. The allowance for credit losses to total loans at March 31, 2026, December 31, 2025, and March 31, 2025, was 1.25%, 1.25%, and 1.28%, respectively. We recorded a $10.6 million provision for credit losses in the first quarter of 2026 compared to $8.1 million in the fourth quarter of 2025, and $6.5 million in the first quarter of 2025.
Non-interest income increased $2.6 million, or 31.0%, to $10.8 million for the first quarter of 2026 from $8.3 million in the first quarter of 2025, and decreased $4.9 million, or 30.9%, on a linked quarter basis. Service charges on deposit accounts increased $738,000, or 28.9%, to $3.3 million for the first quarter of 2026 from $2.6 million in the first quarter of 2025, and were relatively flat, on a linked quarter basis. We increased our service charge rates on many of our treasury management products in July of 2025. Mortgage banking revenue increased $1.3 million, or 208.6%, to $1.9 million for the first quarter of 2026 from $613,000 in the first quarter of 2025, and increased $228,000, or 13.7%, on a linked quarter basis. The increase on a year-over year basis was primarily due to an increase in loans sold into the secondary market. We also increased our per-loan administrative fee in the first quarter of 2026. Credit card income increased $234,000, or 11.9%, to $2.2 million for the first quarter of 2026 from $2.0 million in the first quarter of 2025, and increased $367,000, or 20.0%, on a linked quarter basis. Bank-owned life insurance (“BOLI”) income increased $685,000, or 32.1%, to $2.8 million for the first quarter of 2026 from $2.1 million in the first quarter of 2025, and decreased $5.3 million, or 65.4%, on a linked quarter basis. The decrease on a linked quarter basis was due to a death benefit received in the fourth quarter of 2025, as well as a $1.0 million, or $.02 per share, reduction in the first quarter of 2026 arising due to an adjustment of the amount in the fourth quarter of 2025. Other operating income decreased $373,000, or 37.3%, to $628,000 for the first quarter of 2026 from $1.0 million in the first quarter of 2025, and decreased $76,000, or 10.8%, on a linked quarter basis.
Non-interest expense increased $1.3 million, or 2.8%, to $47.4 million for the first quarter of 2026 from $46.1 million in the first quarter of 2025, and increased $701,000, or 1.5%, on a linked quarter basis. Salary and benefit expense increased $4.0 million, or 17.4%, to $26.9 million for the first quarter of 2026 from $22.9 million in the first quarter of 2025, and increased $3.0 million, or 12.6%, on a linked quarter basis, primarily due to the full impact of our Houston market expansion and seasonally higher payroll taxes during the first quarter of 2026. The number of full-time equivalent employees increased by 32 (of which, 24 are frontline), or 5.0%, to 668 at March 31, 2026 compared to 636 at March 31, 2025, and increased by 2 from the end of the fourth quarter of 2025. Equipment and occupancy expense increased $226,000, or 6.1%, to $3.9 million for the first quarter of 2026 from $3.7 million in the first quarter of 2025, and increased $211,000, or 5.6%, on a linked quarter basis. Third party processing and other services expense decreased $213,000, or 2.8%, to $7.5 million for the first quarter of 2026 from $7.7 million in the first quarter of 2025, and decreased $254,000, or 3.3%, on a linked quarter basis. Professional services expense increased $10,000, or 0.5%, to $1.9 million for the first quarter of 2026 from $1.9 million in the first quarter of 2025, and increased $462,000, or 31.2%, on a linked quarter basis. Other operating expenses decreased $2.6 million, or 37.4%, to $4.4 million for the first quarter of 2026 from $6.9 million in the first quarter of 2025, and decreased $2.8 million, or 39.5%, on a linked quarter basis. The efficiency ratio was 29.80% during the first quarter of 2026 compared to 34.97% during the first quarter of 2025 and 28.78% during the fourth quarter of 2025.
Income tax expense increased $2.1 million, or 13.4%, to $18.0 million in the first quarter of 2026, compared to $15.9 million in the first quarter of 2025, and decreased $3.2 million, or 15.2%, on a linked quarter basis. Our effective tax rate was 17.82% for the first quarter of 2026 compared to 20.06% for the first quarter of 2025, and 19.72% on a linked quarter basis. During the first quarter of 2026, we purchased Investment Tax Credits, which reduced our tax expense. We recognized a reduction in provision for income taxes resulting from excess tax benefits from the exercise and vesting of stock options and restricted stock during the first quarters of 2026 and 2025 of $229,000 and $470,000, respectively.
About ServisFirst Bancshares, Inc.
ServisFirst Bancshares, Inc. (the “Company”) is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank (the “Bank”), the Company provides business and personal financial services from locations in Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas and Virginia. Through the Bank, we originate commercial, consumer and other loans and accept deposits, provide electronic banking services, such as online and mobile banking, including remote deposit capture, deliver treasury and cash management services and provide correspondent banking services to other financial institutions.
ServisFirst Bancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission (SEC). Copies of its filings may be obtained through the SEC’s website at www.sec.gov or at www.servisfirstbancshares.com.
Statements in this press release that are not historical facts, including, but not limited to, statements concerning future operations, results or performance, are hereby identified as “forward-looking statements” for the purpose of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”) and Section 27A of the Securities Act of 1933, as amended (the “Securities Act”). The words “believe,” “expect,” “anticipate,” “project,” “plan,” “intend,” “will,” “could,” “would,” “might” and similar expressions often signify forward-looking statements. Such statements involve inherent risks and uncertainties. The Company cautions that such forward-looking statements, wherever they occur in this press release or in other statements attributable to the Company, are necessarily estimates reflecting the judgment of the Company’s senior management and involve risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Such forward-looking statements should, therefore, be considered in light of various factors that could affect the accuracy of such forward-looking statements, including, but not limited to: general economic conditions, especially in the credit markets and in the Southeast; the impact of tariffs and trade wars on general economic conditions, the performance of the capital markets; changes in interest rates, yield curves and interest rate spread relationships; changes in accounting principles and tax laws, policies or guidelines; changes in legislation or regulatory requirements; changes in our loan portfolio and the deposit base; possible changes in laws and regulations and governmental monetary and fiscal policies, including, but not limited to, the Federal Reserve policies in connection with continued or re-emerging inflationary pressures and the ability of the U.S. Congress to increase the U.S. statutory debt limit as needed; computer hacking or cyber-attacks resulting in unauthorized access to confidential or proprietary information; substantial, unexpected or prolonged changes in the level or cost of liquidity; the cost and other effects of legal and administrative cases and similar contingencies; possible changes in the creditworthiness of customers and the possible impairment of the collectability of loans and the value of collateral; the effect of natural disasters, such as hurricanes and tornados, in our geographic markets; the threat of foreign wars; and increased competition from both banks and nonbank financial institutions. The foregoing list of factors is not exhaustive. For discussion of these and other risks that may cause actual results to differ from expectations, please refer to “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in our most recent Annual Report on Form 10-K, our subsequent Quarterly Reports on Form 10-Q and our other SEC filings. If one or more of the factors affecting our forward-looking information and statements proves incorrect, then our actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements. Accordingly, you should not place undue reliance on any forward-looking statements, which speak only as of the date made. The Company assumes no obligation to update or revise any forward-looking statements that are made from time to time.
More information about ServisFirst Bancshares, Inc. may be obtained over the Internet at www.servisfirstbancshares.com or by calling (205) 949-0302.
SELECTED FINANCIAL HIGHLIGHTS (UNAUDITED)
(In thousands except share and per share data)
1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025 1st Quarter 2025
CONSOLIDATED STATEMENT OF INCOME
Interest income $ 241,480 $ 251,388 $ 251,308 $ 246,635 $ 241,096
Interest expense 93,332 104,867 117,860 114,948 117,543
Net interest income 148,148 146,521 133,448 131,687 123,553
Provision for credit losses 10,637 7,922 9,463 11,296 6,630
Net interest income after provision for credit losses 137,511 138,599 123,985 120,391 116,923
Non-interest income 10,840 15,691 2,833 421 8,277
Non-interest expense 47,384 46,683 47,996 44,204 46,107
Income before income tax 100,967 107,607 78,822 76,608 79,093
Provision for income tax 17,996 21,223 13,251 15,184 15,869
Net income 82,971 86,384 65,571 61,424 63,224
Preferred stock dividends - 31 - 31 -
Net income available to common stockholders $ 82,971 $ 86,353 $ 65,571 $ 61,393 $ 63,224
Earnings per share - basic $ 1.52 $ 1.58 $ 1.20 $ 1.12 $ 1.16
Earnings per share - diluted $ 1.52 $ 1.58 $ 1.20 $ 1.12 $ 1.16
Average diluted shares outstanding 54,695,017 54,675,802 54,667,955 54,664,480 54,656,630
CONSOLIDATED BALANCE SHEET DATA
Total assets $ 18,171,287 $ 17,727,190 $ 17,584,199 $ 17,378,628 $ 18,636,766
Loans 13,945,913 13,696,912 13,311,967 13,232,560 12,886,831
Debt securities 1,684,421 1,728,901 1,849,739 1,914,503 1,905,550
Non-interest-bearing demand deposits 2,836,622 2,684,272 2,598,895 2,632,058 2,647,577
Total deposits 14,486,364 14,219,034 14,106,922 13,862,319 14,429,061
Borrowings 34,750 34,750 64,750 64,747 64,745
Stockholders' equity 1,912,537 1,850,347 1,781,647 1,721,783 1,668,900
Shares outstanding 54,663,123 54,624,955 54,621,441 54,618,545 54,601,217
Book value per share $ 34.99 $ 33.87 $ 32.62 $ 31.52 $ 30.57
Tangible book value per share (1) $ 34.74 $ 33.62 $ 32.37 $ 31.27 $ 30.32
SELECTED FINANCIAL RATIOS (Annualized)
Net interest margin 3.53 % 3.38 % 3.09 % 3.10 % 2.92 %
Return on average assets 1.89 % 1.91 % 1.47 % 1.40 % 1.45 %
Return on average common stockholders' equity 17.91 % 18.93 % 14.88 % 14.56 % 15.63 %
Efficiency ratio 29.80 % 28.78 % 35.22 % 33.46 % 34.97 %
Non-interest expense to average earning assets 1.13 % 1.08 % 1.11 % 1.04 % 1.09 %
CAPITAL RATIOS (2)
Common equity tier 1 capital to risk-weighted assets 11.86 % 11.65 % 11.49 % 11.38 % 11.48 %
Tier 1 capital to risk-weighted assets 11.87 % 11.66 % 11.50 % 11.38 % 11.48 %
Total capital to risk-weighted assets 13.13 % 12.93 % 12.91 % 12.81 % 12.93 %
Tier 1 capital to average assets 10.71 % 10.26 % 10.01 % 9.78 % 9.48 %
Tangible common equity to total tangible assets (1) 10.46 % 10.37 % 10.06 % 9.84 % 8.89 %
(1) This press release contains certain non-GAAP financial measures. Please see “GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures.”
(2) Regulatory capital ratios for most recent period are preliminary.
GAAP Reconciliation and Management Explanation of Non-GAAP Financial Measures
This press release contains the non-GAAP financial measures of tangible common stockholders’ equity, total tangible assets, tangible book value per share and tangible common equity to total tangible assets, each of which excludes goodwill associated with our acquisition of Metro Bancshares, Inc. in January 2015.
We believe these non-GAAP financial measures provide useful information to management and investors that is supplementary to our financial condition, results of operations and cash flows computed in accordance with GAAP; however, we acknowledge that these non-GAAP financial measures have limitations. As such, you should not view these disclosures as a substitute for results determined in accordance with GAAP, and they are not necessarily comparable to non-GAAP financial measures that other companies, including those in our industry, use. The following reconciliation table provides a more detailed analysis of the non-GAAP financial measures as of and for the comparative periods presented in this press release. Dollars are in thousands, except share and per share data.
At March 31, 2026 At December 31,
2025 At September 30,
2025 At June 30,
2025 At March 31,
2025
Book value per share - GAAP $ 34.99 $ 33.87 $ 32.62 $ 31.52 $ 30.57
Total common stockholders' equity - GAAP 1,912,537 1,850,347 1,781,647 1,721,783 1,668,900
Adjustment for Goodwill (13,615 ) (13,615 ) (13,615 ) (13,615 ) (13,615 )
Tangible common stockholders' equity - non-GAAP $ 1,898,922 $ 1,836,732 $ 1,768,032 $ 1,708,168 $ 1,655,285
Tangible book value per share - non-GAAP $ 34.74 $ 33.62 $ 32.37 $ 31.27 $ 30.32
Stockholders' equity to total assets - GAAP 10.53 % 10.44 % 10.13 % 9.91 % 8.95 %
Total assets - GAAP $ 18,171,287 $ 17,727,190 $ 17,584,199 $ 17,378,628 $ 18,636,766
Adjustment for Goodwill (13,615 ) (13,615 ) (13,615 ) (13,615 ) (13,615 )
Total tangible assets - non-GAAP $ 18,157,672 $ 17,713,575 $ 17,570,584 $ 17,365,013 $ 18,623,151
Tangible common equity to total tangible assets - non-GAAP 10.46 % 10.37 % 10.06 % 9.84 % 8.89 %
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(Dollars in thousands)
March 31,
2026 March 31,
2025 % Change
ASSETS
Cash and due from banks $ 100,561 $ 121,645 (17 ) %
Interest-bearing balances due from depository institutions 1,218,296 3,218,753 (62 ) %
Federal funds sold and securities purchased with agreement to resell 517,765 9,322 5,454 %
Cash and cash equivalents 1,836,622 3,349,720 (45 ) %
Available for sale debt securities, at fair value 1,037,151 1,203,837 (14 ) %
Held to maturity debt securities (fair value of $602,476 and $639,455, respectively) 647,270 701,713 (8 ) %
Restricted equity securities 12,466 12,156 3 %
Mortgage loans held for sale 12,893 11,386 13 %
Loans 13,945,913 12,886,831 8 %
Less allowance for credit losses (173,905 ) (165,034 ) 5 %
Loans, net 13,772,008 12,721,797 8 %
Premises and equipment, net 62,056 59,431 4 %
Goodwill 13,615 13,615 - %
Other assets 777,206 563,111 38 %
Total assets $ 18,171,287 $ 18,636,766 (2 ) %
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Deposits:
Non-interest-bearing demand $ 2,836,622 $ 2,647,577 7 %
Interest-bearing 11,649,742 11,781,484 (1 ) %
Total deposits 14,486,364 14,429,061 - %
Federal funds purchased 1,546,987 2,358,326 (34 ) %
Other borrowings 34,750 64,745 (46 ) %
Other liabilities 190,649 115,734 65 %
Total liabilities 16,258,750 16,967,866 (4 ) %
Stockholders' equity:
Preferred stock, par value $0.001 per share; 1,000,000 authorized and undesignated at
March 31, 2026 and March 31, 2025 - - - %
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 54,663,123 shares
issued and outstanding at March 31, 2026, and 54,601,217
shares issued and outstanding at March 31, 2025 55 54 2 %
Additional paid-in capital 238,644 235,840 1 %
Retained earnings 1,676,013 1,457,614 15 %
Accumulated other comprehensive loss (2,675 ) (25,108 ) (89 ) %
Total stockholders' equity attributable to ServisFirst Bancshares, Inc. 1,912,037 1,668,400 15 %
Noncontrolling interest 500 500 - %
Total stockholders' equity 1,912,537 1,668,900 15 %
Total liabilities and stockholders' equity $ 18,171,287 $ 18,636,766 (2 ) %
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(In thousands except per share data)
Three Months Ended March
31,
2026 2025
Interest income:
Interest and fees on loans $ 210,066 $ 196,936
Investment Securities 16,099 16,029
Federal funds sold and securities purchased with agreement to resell 5,561 20
Other interest and dividends 9,754 28,111
Total interest income 241,480 241,096
Interest expense:
Deposits 78,285 94,745
Borrowed funds 15,047 22,798
Total interest expense 93,332 117,543
Net interest income 148,148 123,553
Provision for credit losses 10,637 6,630
Net interest income after provision for credit losses 137,511 116,923
Noninterest income:
Service charges on deposit accounts 3,296 2,558
Mortgage banking 1,892 613
Credit card income 2,202 1,968
Bank-owned life insurance income 2,822 2,137
Other operating income 628 1,001
Total noninterest income 10,840 8,277
Noninterest expenses:
Salaries and employee benefits 26,853 22,879
Equipment and occupancy expense 3,948 3,722
Third party processing and other services 7,525 7,738
Professional services 1,943 1,933
FDIC and other regulatory assessments 2,745 2,854
Other real estate owned expense 20 33
Other operating expenses 4,350 6,948
Total noninterest expenses 47,384 46,107
Income before income taxes 100,967 79,093
Provision for income taxes 17,996 15,869
Net income 82,971 63,224
Dividends on preferred stock - -
Net income available to common stockholders $ 82,971 $ 63,224
Basic earnings per common share $ 1.52 $ 1.16
Diluted earnings per common share $ 1.52 $ 1.16
LOANS BY TYPE (UNAUDITED)
(In thousands)
1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025 1st Quarter 2025
Commercial, financial and agricultural $ 3,189,704 $ 3,146,736 $ 2,945,784 $ 2,966,191 $ 2,924,533
Real estate - construction 1,531,042 1,457,628 1,532,285 1,735,405 1,599,410
Real estate - mortgage:
Owner-occupied commercial 2,718,512 2,739,823 2,680,055 2,557,711 2,543,819
1-4 family mortgage 1,695,140 1,671,713 1,625,296 1,561,461 1,494,189
Non-owner occupied commercial 4,739,642 4,603,389 4,448,710 4,338,697 4,259,566
Subtotal: Real estate - mortgage 9,153,294 9,014,925 8,754,061 8,457,869 8,297,574
Consumer 71,873 77,623 79,837 73,095 65,314
Total loans $ 13,945,913 $ 13,696,912 $ 13,311,967 $ 13,232,560 $ 12,886,831
SUMMARY OF CREDIT LOSS EXPERIENCE (UNAUDITED)
(Dollars in thousands)
1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025 1st Quarter 2025
Allowance for credit losses:
Beginning balance $ 171,683 $ 170,235 $ 169,959 $ 165,034 $ 164,458
Loans charged off:
Commercial, financial and agricultural 8,291 7,695 7,947 6,849 2,415
Real estate - construction - - - - 46
Real estate - mortgage 91 64 1,294 580 3,571
Consumer 171 466 110 73 60
Total charge offs 8,553 8,224 9,350 7,502 6,092
Recoveries:
Commercial, financial and agricultural 178 1,532 237 959 171
Real estate - construction - - 30 - -
Real estate - mortgage - - - 1 -
Consumer 35 10 21 58 27
Total recoveries 213 1,542 288 1,018 198
Net charge-offs 8,340 6,682 9,062 6,484 5,894
Provision for credit losses 10,562 8,130 9,338 11,409 6,470
Ending balance $ 173,905 $ 171,683 $ 170,235 $ 169,959 $ 165,034
Allowance for credit losses to total loans 1.25 % 1.25 % 1.28 % 1.28 % 1.28 %
Allowance for credit losses to total average loans 1.26 % 1.27 % 1.29 % 1.31 % 1.30 %
Net charge-offs to total average loans 0.25 % 0.20 % 0.27 % 0.20 % 0.19 %
Provision for credit losses to total average loans 0.31 % 0.24 % 0.28 % 0.35 % 0.21 %
Nonperforming assets:
Nonaccrual loans $ 176,613 $ 168,351 $ 166,662 $ 68,619 $ 73,793
Loans 90+ days past due and accruing 1,274 478 965 3,549 111
Other real estate owned and
repossessed assets 3,072 2,583 611 311 756
Total $ 180,959 $ 171,412 $ 168,238 $ 72,479 $ 74,660
Nonperforming loans to total loans 1.28 % 1.23 % 1.26 % 0.55 % 0.57 %
Nonperforming assets to total assets 1.00 % 0.97 % 0.96 % 0.42 % 0.40 %
Nonperforming assets to earning assets 1.05 % 1.01 % 1.00 % 0.43 % 0.41 %
Allowance for credit losses to nonaccrual loans 98.47 % 101.98 % 102.14 % 247.69 % 223.64 %
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(In thousands except per share data)
1st Quarter
2026 4th Quarter
2025 3rd Quarter
2025 2nd Quarter
2025 1st Quarter
2025
Interest income:
Interest and fees on loans $ 210,066 $ 214,252 $ 210,987 $ 206,521 $ 196,936
Investment Securities 16,099 17,204 17,343 16,567 16,029
Federal funds sold and securities purchased with agreement to resell 5,561 5,671 4,724 1,592 20
Other interest and dividends 9,754 14,261 18,254 21,955 28,111
Total interest income 241,480 251,388 251,308 246,635 241,096
Interest expense:
Deposits 78,285 86,920 98,735 93,488 94,745
Borrowed funds 15,047 17,947 19,125 21,460 22,798
Total interest expense 93,332 104,867 117,860 114,948 117,543
Net interest income 148,148 146,521 133,448 131,687 123,553
Provision for credit losses 10,637 7,922 9,463 11,296 6,630
Net interest income after provision for credit losses 137,511 138,599 123,985 120,391 116,923
Noninterest income:
Service charges on deposit accounts 3,296 3,339 3,316 2,671 2,558
Mortgage banking 1,892 1,664 1,864 1,323 613
Credit card income 2,202 1,835 2,405 2,119 1,968
Securities losses - - (7,812 ) (8,563 ) -
Bank-owned life insurance income 2,822 8,149 2,405 2,126 2,137
Other operating income 628 704 655 745 1,001
Total noninterest income 10,840 15,691 2,833 421 8,277
Noninterest expenses:
Salaries and employee benefits 26,853 23,838 25,522 22,576 22,879
Equipment and occupancy expense 3,948 3,737 3,615 3,523 3,722
Third party processing and other services 7,525 7,779 8,095 8,005 7,738
Professional services 1,943 1,481 1,857 1,904 1,933
FDIC and other regulatory assessments 2,745 2,641 2,742 2,753 2,854
Other real estate owned expense 20 13 82 27 33
Other operating expenses 4,350 7,194 6,083 5,416 6,948
Total noninterest expenses 47,384 46,683 47,996 44,204 46,107
Income before income taxes 100,967 107,607 78,822 76,608 79,093
Provision for income taxes 17,996 21,223 13,251 15,184 15,869
Net income 82,971 86,384 65,571 61,424 63,224
Dividends on preferred stock - 31 - 31 -
Net income available to common stockholders $ 82,971 $ 86,353 $ 65,571 $ 61,393 $ 63,224
Basic earnings per common share $ 1.52 $ 1.58 $ 1.20 $ 1.12 $ 1.16
Diluted earnings per common share $ 1.52 $ 1.58 $ 1.20 $ 1.12 $ 1.16
AVERAGE BALANCE SHEETS AND NET INTEREST ANALYSIS (UNAUDITED)
ON A FULLY TAXABLE-EQUIVALENT BASIS
(Dollars in thousands)
1st Quarter 2026 4th Quarter 2025 3rd Quarter 2025 2nd Quarter 2025 1st Quarter 2025
Average Balance Yield /
Rate Average Balance Yield /
Rate Average Balance Yield /
Rate Average Balance Yield /
Rate Average Balance Yield /
Rate
Assets:
Interest-earning assets:
Loans, net of unearned income (1)
Taxable $ 13,751,447 6.18 % $ 13,474,271 6.30 % $ 13,175,297 6.34 % $ 12,979,759 6.37 % $ 12,683,077 6.29 %
Tax-exempt (2) 32,976 5.82 30,670 5.52 30,478 5.47 30,346 5.51 25,044 4.94
Total loans, net of unearned
income 13,784,423 6.18 13,504,941 6.29 13,205,775 6.34 13,010,105 6.37 12,708,121 6.28
Mortgage loans held for sale 10,680 4.40 9,887 4.49 11,351 4.82 11,739 5.23 6,731 4.76
Debt securities:
Taxable 1,702,499 3.78 1,826,632 3.77 1,926,101 3.60 1,965,089 3.37 1,934,739 3.31
Tax-exempt (2) 444 5.41 444 5.41 444 5.41 492 4.88 589 5.43
Total securities (3) 1,702,943 3.78 1,827,076 3.77 1,926,545 3.60 1,965,581 3.37 1,935,328 3.31
Federal funds sold and securities
purchased with agreement to resell 501,377 4.50 469,148 4.79 365,733 5.12 124,303 5.14 1,670 4.86
Restricted equity securities 12,228 6.17 12,193 6.61 12,167 6.36 12,146 6.64 11,461 7.43
Interest-bearing balances with banks 1,041,026 3.73 1,393,155 4.00 1,608,118 4.45 1,952,479 4.47 2,526,382 4.48
Total interest-earning assets $ 17,052,677 5.75 % $ 17,216,400 5.79 % $ 17,129,689 5.82 % $ 17,076,353 5.80 % $ 17,189,693 5.69 %
Non-interest-earning assets:
Cash and due from banks 103,847 102,066 103,470 109,506 108,540
Net premises and equipment 61,253 61,009 60,614 59,944 59,633
Allowance for credit losses, accrued
interest and other assets 552,337 556,704 415,586 380,700 352,282
Total assets $ 17,770,114 $ 17,936,179 $ 17,709,359 $ 17,626,503 $ 17,710,148
Interest-bearing liabilities:
Interest-bearing deposits:
Checking $ 2,101,953 1.60 % $ 2,126,615 1.77 % $ 2,069,440 2.16 % $ 2,222,000 1.78 % $ 2,461,900 2.38 %
Savings 110,843 1.42 106,551 1.52 103,668 1.66 101,506 1.63 101,996 1.61
Money market 7,812,168 3.01 7,816,487 3.23 7,965,115 3.67 7,616,747 3.67 7,363,163 3.61
Time deposits 1,373,023 3.42 1,392,749 3.80 1,344,257 3.97 1,321,404 4.09 1,361,558 4.24
Total interest-bearing deposits 11,397,987 2.79 11,442,402 3.01 11,482,480 3.41 11,261,657 3.33 11,288,617 3.40
Federal funds purchased 1,593,215 3.74 1,712,399 4.01 1,640,377 4.46 1,855,860 4.49 1,994,766 4.50
Other borrowings 34,750 4.05 59,207 4.21 64,761 4.21 64,750 4.26 64,750 4.30
Total interest-bearing liabilities $ 13,025,952 2.91 % $ 13,214,008 3.15 % $ 13,187,618 3.55 % $ 13,182,267 3.50 % $ 13,348,133 3.57 %
Non-interest-bearing liabilities:
Non-interest-bearing
checking 2,728,354 2,768,495 2,651,043 2,633,552 2,600,775
Other liabilities 137,231 143,680 122,873 119,829 120,291
Stockholders' equity 1,879,072 1,813,097 1,762,980 1,716,232 1,670,402
Accumulated other comprehensive
loss (495 ) (3,101 ) (15,155 ) (25,377 ) (29,453 )
Total liabilities and
stockholders' equity $ 17,770,114 $ 17,936,179 $ 17,709,359 $ 17,626,503 $ 17,710,148
Net interest spread 2.84 % 2.64 % 2.27 % 2.30 % 2.12 %
Net interest margin 3.53 % 3.38 % 3.09 % 3.10 % 2.92 %
(1) Average loans include nonaccrual loans in all periods. Loan fees of $5,186, $5,464, $6,103, $4,430, and $3,764 are included in interest income in the first quarter of 2026, fourth quarter of 2025, third quarter of 2025, second quarter of 2025, and first quarter of 2025, respectively.
(2) Interest income and yields are presented on a fully taxable equivalent basis using a tax rate of 21%.
(3) Unrealized losses on debt securities of $(2,713), $(6,311), $(22,574), $(36,381), and $(41,970) for the first quarter of 2026, fourth quarter of 2025, third quarter of 2025, second quarter of 2025, and first quarter of 2025, respectively, are excluded from the yield calculation.
Contact: ServisFirst Bank
Davis Mange (205) 949-3420
dmange@servisfirstbank.com
EX-99.2 — EXHIBIT 99.2
EX-99.2
Filename: exh_992.htm · Sequence: 3
EdgarFiling
EXHIBIT 99.2
Selected Financial Data (in thousands except number of employees)
3/31/2026
12/31/2025
3/31/2025
Scheduled CD maturities for subsequent quarter
$ 612,450
$ 752,656
$ 697,149
Average rate scheduled CD maturities for subsequent quarter
3.34 %
3.70 %
4.31 %
Average loan rate - loan originations/renewals QTD (excludes fees)
6.44 %
6.47 %
6.84 %
Cost of total deposits, Qtr-End
2.24 %
2.27 %
2.78 %
Cost of interest-bearing deposits, Qtr-End
2.79 %
2.82 %
3.42 %
Net interest margin, final month of Qtr
3.53 %
3.50 %
2.86 %
Noninterest bearing DDA balances, Qtr-End
$ 2,836,622
$ 2,684,272
$ 2,647,577
Reserve for unfunded commitments, Qtr-End
$ 647
$ 572
$ 768
Credit card spend QTD
$ 270,751
$ 277,447
$ 259,777
Credit card net income QTD
$ 2,202
$ 1,835
$ 1,968
Merchant services fees QTD
$ 572
$ 647
$ 509
Mortgage banking income QTD
$ 1,892
$ 1,664
$ 613
FDIC insurance QTD
$ 2,475
$ 2,371
$ 2,587
Salaries & employee benefits QTD
$ 26,853
$ 23,838
$ 22,879
Other operating expense
$ 4,350
$ 7,194
$ 6,948
Third party processing and other services QTD
$ 7,525
$ 7,779
$ 7,738
Equipment and occupancy expense QTD
$ 3,948
$ 3,737
$ 3,722
Earnings retention YTD
75 %
73 %
70 %
QTD tax rate
17.82 %
19.72 %
20.06 %
YTD tax rate
17.82 %
19.15 %
20.06 %
Available Liquidity
3/31/2026
12/31/2025
3/31/2025
Cash and cash equivalents
$ 1,836,622
$ 1,626,696
$ 3,349,720
Investment Securities (mkt value), net of pledged
$ 479,033
$ 497,946
$ 325,403
Total on balance sheet liquidity
$ 2,315,655
$ 2,124,642
$ 3,675,123
FHLB fundings availability
$ 3,111,128
$ 3,203,242
$ 3,084,683
Correspondent lines of credit availability
$ 150,000
$ 120,000
$ 225,000
Brokered deposit availability (25% of assets per policy)
$ 4,542,822
$ 4,431,798
$ 4,656,692
Federal Reserve Bank fundings availability
$ 2,519,218
$ 2,298,339
$ 2,196,604
Total Available Liquidity
$ 12,638,823
$ 12,178,021
$ 13,838,102
GRAPHIC
GRAPHIC
Filename: exh991small_1.jpg · Sequence: 4
Binary file (2443 bytes)
Download exh991small_1.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 10
v3.26.1
Cover
Apr. 20, 2026
Document Type
8-K
Amendment Flag
false
Document Period End Date
Apr. 20, 2026
Entity File Number
001-36452
Entity Registrant Name
ServisFirst Bancshares, Inc.
Entity Central Index Key
0001430723
Entity Tax Identification Number
26-0734029
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
2500 Woodcrest Place
Entity Address, City or Town
Birmingham
Entity Address, State or Province
AL
Entity Address, Postal Zip Code
35209
City Area Code
205
Local Phone Number
949-0302
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common
Trading Symbol
SFBS
Security Exchange Name
NYSE
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration