SOUTHERN FIRST BANCSHARES INC

Analysis for Ticker: SFST

Southern First Bancshares Inc operates as a relationship bank in the southeast of the United States where they assign a senior officer to every customer for personal service. The illusion of personal service masks a mathematical emergency where 40,4% of their deposits are uninsured flight capital that can vanish in one day. The math is a disaster because the bank is a hollow shell that spends 80,7$ million just to hold on to the money it needs to stay alive while insiders print free shares for themselves. Think of it like a bucket with a giant hole in the bottom where the people holding the bucket are busy drilling even more holes to drain the water into their own cups.