Southern First Bancshares (SFST) 10-K 2 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 23, 2016	Jun. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	SOUTHERN FIRST BANCSHARES INC
Entity Central Index Key	1,090,009
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Entity Well-Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		6,321,015
Entity Public Float			$ 99,332,740

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Cash and cash equivalents:
Cash and due from banks	$ 12,280	$ 9,862
Federal funds sold	33,582	25,849
Interest-bearing deposits with banks	17,004	5,553
Total cash and cash equivalents	62,866	41,264
Investment securities:
Investment securities available for sale	89,939	55,024
Other investments	5,532	6,522
Total investment securities	95,471	61,546
Loans held for sale	4,943	11,765
Loans	1,004,944	871,446
Less allowance for loan losses	(13,629)	(11,752)
Loans, net	991,315	859,694
Bank owned life insurance	24,735	22,050
Property and equipment, net	24,185	20,845
Deferred income taxes, net	6,923	5,509
Other assets	6,855	7,192
Total assets	1,217,293	1,029,865
LIABILITIES
Deposits	985,733	788,907
Federal Home Loan Bank advances and other borrowings	115,200	135,200
Junior subordinated debentures	13,403	13,403
Other liabilities	8,717	9,363
Total liabilities	$ 1,123,053	$ 946,873
SHAREHOLDERS' EQUITY
Preferred stock, par value $.01 per share, 10,000,000 shares authorized
Common stock, par value $.01 per share, 10,000,000 shares authorized, 6,289,038 and 6,219,002 shares issued and outstanding at December 31, 2015 and 2014, respectively	$ 63	$ 62
Nonvested restricted stock	(360)	(494)
Additional paid-in capital	70,037	68,785
Accumulated other comprehensive income (loss)	(4)	302
Retained earnings	24,504	14,337
Total shareholders' equity	94,240	82,992
Total liabilities and shareholders' equity	$ 1,217,293	$ 1,029,865

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Balance Sheets [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	6,289,038	6,219,002
Common stock, shares outstanding	6,289,038	6,219,002

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest income
Loans	$ 44,316	$ 38,092	$ 34,242
Investment securities	1,577	1,784	1,813
Federal funds sold	137	72	63
Total interest income	46,030	39,948	36,118
Interest expense
Deposits	3,585	2,820	2,862
Borrowings	3,916	4,088	4,235
Total interest expense	7,501	6,908	7,097
Net interest income	38,529	33,040	29,021
Provision for loan losses	3,200	4,175	3,475
Net interest income after provision for loan losses	35,329	28,865	25,546
Noninterest income
Loan and mortgage fee income	5,273	2,854	1,235
Service fees on deposit accounts	893	923	879
Income from bank owned life insurance	685	667	658
Gain on sale of investment securities	297	230
Other income	1,268	1,106	1,030
Total noninterest income	8,416	5,780	3,802
Noninterest expenses
Compensation and benefits	17,048	14,043	12,302
Occupancy	3,310	2,978	3,056
Other real estate owned expenses	1,142	647	179
Data processing and related costs	2,447	2,514	2,406
Insurance	855	832	818
Professional fees	987	952	858
Marketing	870	774	731
Other	1,550	2,167	1,462
Total noninterest expenses	28,209	24,907	21,812
Income before income tax expense	15,536	9,738	7,536
Income tax expense	5,369	3,113	2,416
Net income	10,167	6,625	5,120
Preferred stock dividend		915	771
Gain on redemption of preferred stock			(20)
Net income available to common shareholders	$ 10,167	$ 5,710	$ 4,369
Earnings per common share
Basic	$ 1.64	$ 1.15	$ 1.02
Diluted	$ 1.55	$ 1.10	$ 0.98
Weighted average common shares outstanding
Basic	6,204,518	4,980,595	4,279,992
Diluted	6,560,739	5,199,376	4,458,918

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statements of Comprehensive Income (Loss) [Abstract]
Net income	$ 10,167	$ 6,625	$ 5,120
Unrealized gain (loss) on securities available for sale:
Unrealized holding gain (loss) arising during the period, pretax	(167)	2,731	(3,829)
Tax (expense) benefit	57	(929)	$ 1,303
Reclassification of realized gain	(297)	(230)
Tax expense	101	78
Other comprehensive income (loss)	(306)	1,650	$ (2,526)
Comprehensive income	$ 9,861	$ 8,275	$ 2,594

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common stock	Preferred stock	Nonvested restricted stock	Additional paid-in capital	Accumulated other comprehensive income (loss)	Retained earnings
Beginning balance at Dec. 31, 2012	$ 64,125	$ 43	$ 16,299	$ (160)	$ 42,396	$ 1,178	$ 4,369
Beginning balance, shares at Dec. 31, 2012		4,247,404	16,299
Net income	5,120						5,120
Preferred stock transactions:
Redemption of preferred stock	(980)		$ (1,000)				20
Redemption of preferred stock, shares			(1,000)
Cash dividends on Series T preferred stock	(778)						$ (778)
Proceeds from exercise of stock options	198				$ 198
Proceeds from exercise of stock options, shares		28,596
Cash in lieu of fractional shares	$ (9)						$ (9)
Issuance of restricted stock				$ (564)	$ 564
Issuance of restricted stock, shares		43,750
Amortization of deferred compensation on restricted stock	$ 88			$ 88
Compensation expense related to stock options, net of tax	427				$ 427
Other comprehensive income (loss)	(2,526)					$ (2,526)
Balance at Dec. 31, 2013	65,665	$ 43	$ 15,299	$ (636)	$ 43,585	$ (1,348)	$ 8,722
Balance, shares at Dec. 31, 2013		4,319,750	15,299
Net income	6,625						$ 6,625
Preferred stock transactions:
Redemption of preferred stock	(15,299)		$ (15,299)
Redemption of preferred stock, shares			(15,299)
Cash dividends on Series T preferred stock	(1,010)						$ (1,010)
Issuance of common stock	24,376	$ 18			$ 24,358
Issuance of common stock, Shares		1,855,000
Proceeds from exercise of stock options	$ 356	$ 1			355
Proceeds from exercise of stock options, shares		39,752
Issuance of restricted stock				$ (57)	$ 57
Issuance of restricted stock, shares		4,500
Amortization of deferred compensation on restricted stock	$ 199			$ 199
Compensation expense related to stock options, net of tax	430				$ 430
Other comprehensive income (loss)	1,650					$ 1,650
Balance at Dec. 31, 2014	82,992	$ 62		$ (494)	$ 68,785	$ 302	$ 14,337
Balance, shares at Dec. 31, 2014		6,219,002
Net income	10,167						$ 10,167
Preferred stock transactions:
Proceeds from exercise of stock options	$ 628	$ 1			$ 627
Proceeds from exercise of stock options, shares		67,036
Issuance of restricted stock				$ (69)	$ 69
Issuance of restricted stock, shares		3,000
Amortization of deferred compensation on restricted stock	$ 203			$ 203
Compensation expense related to stock options, net of tax	556				$ 556
Other comprehensive income (loss)	(306)					$ (306)
Balance at Dec. 31, 2015	$ 94,240	$ 63		$ (360)	$ 70,037	$ (4)	$ 24,504
Balance, shares at Dec. 31, 2015		6,289,038

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating activities
Net income	$ 10,167	$ 6,625	$ 5,120
Adjustments to reconcile net income to cash provided by operating activities:
Provision for loan losses	3,200	4,175	3,475
Depreciation and other amortization	1,310	1,207	1,205
Accretion and amortization of securities discounts and premiums, net	353	375	$ 659
Gain on sale of investment securities available for sale	(297)	(230)
(Gain) loss on sale of other real estate owned	(63)	70	$ 5
Write-down of other real estate owned	937	320	130
Compensation expense related to stock options and restricted stock grants	759	629	515
Gain on sale of loans held for sale	(4,963)	(2,699)	(1,088)
Loans originated and held for sale	(201,842)	(109,871)	(63,915)
Proceeds from sale of loans held for sale	213,627	104,416	63,451
Increase in cash surrender value of bank owned life insurance	(685)	(667)	(658)
Increase in deferred tax asset	(1,256)	(1,422)	(460)
Increase in other assets, net	(495)	(213)	(314)
Increase (decrease) in other liabilities, net	(646)	2,019	463
Net cash provided by operating activities	20,106	4,734	8,588
Increase (decrease) in cash realized from:
Increase in loans, net	(135,294)	(143,585)	(93,473)
Purchase of property and equipment	(4,650)	(2,225)	(2,299)
Purchase of investment securities:
Available for sale	(57,219)	(2,073)	(3,260)
Other investments	(149)	(1,800)	(2,025)
Proceeds from maturities, calls and repayments of investment securities:
Available for sale	11,711	6,418	9,555
Other investments	1,140	1,394	$ 2,218
Proceeds from sale of investment securities:
Available for sale	$ 10,072	$ 10,427
Other investments			$ 1,485
Purchase of life insurance policies	$ (2,000)		(2,000)
Proceeds from sale of other real estate owned	431	$ 660	1,740
Net cash used for investing activities	(175,958)	(130,784)	(88,059)
Increase (decrease) in cash realized from:
Increase in deposits, net	$ 196,826	108,588	$ 104,020
Decrease in note payable		(1,400)
Increase (decrease) in Federal Home Loan Bank advances and other borrowings	$ (20,000)	12,500	$ (13,190)
Cash dividend on preferred stock		(1,010)	(778)
Redemption of preferred stock		(15,299)	$ (980)
Issuance of common stock		$ 24,376
Cash in lieu of fractional shares			$ (9)
Proceeds from the exercise of stock options and warrants	$ 628	$ 356	198
Net cash provided by financing activities	177,454	128,111	89,261
Net increase in cash and cash equivalents	21,602	2,061	9,790
Cash and cash equivalents, beginning of year	41,264	39,203	29,413
Cash and cash equivalents, end of year	62,866	41,264	39,203
Cash paid for
Interest	7,293	6,907	7,571
Income taxes	6,625	4,535	2,876
Schedule of non-cash transactions
Foreclosure of other real estate	473	3,159	1,354
Unrealized (gain) loss on securities, net of income taxes	$ 110	$ (1,802)	$ 2,526

Summary of Significant Accounti

Summary of Significant Accounting Policies and Activities	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies and Activities [Abstract]
Summary of Significant Accounting Policies and Activities	NOTE 1 – Summary of Significant Accounting Policies and Activities Southern First Bancshares, Inc. (the "Company") is a South Carolina corporation that owns all of the capital stock of Southern First Bank (the "Bank") and all of the stock of Greenville First Statutory Trust I and II (collectively, the "Trusts"). The Trusts are special purpose non-consolidated entities organized for the sole purpose of issuing trust preferred securities. The Bank's primary federal regulator is the Federal Deposit Insurance Corporation (the "FDIC"). The Bank is also regulated and examined by the South Carolina Board of Financial Institutions. The Bank is primarily engaged in the business of accepting demand deposits and savings deposits insured by the FDIC, and providing commercial, consumer and mortgage loans to the general public. Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Southern First Bank. We have no additional reportable operating segments under Accounting Standards Codification (“ASC”) 280 “Segment Reporting.” In consolidation, all significant intercompany transactions have been eliminated. The accounting and reporting policies conform to accounting principles generally accepted in the United States of America. In accordance with guidance issued by the Financial Accounting Standards Board (“FASB”), the operations of the Trusts have not been consolidated in these financial statements. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amount of income and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, real estate acquired in settlement of loans, fair value of financial instruments, evaluating other-than-temporary-impairment of investment securities and valuation of deferred tax assets. Risks and Uncertainties In the normal course of its business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on different bases, than its interest-earning assets. Credit risk is the risk of default within the Company’s loan portfolio that results from borrowers’ inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans receivable and the valuation of real estate held by the Company. The Company is subject to the regulations of various governmental agencies. These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to changes with respect to valuation of assets, amount of required loan loss allowance and operating restrictions resulting from the regulators’ judgments based on information available to them at the time of their examinations. The Bank makes loans to individuals and businesses in the Upstate, Midlands, and Lowcountry regions of South Carolina for various personal and commercial purposes. The Bank’s loan portfolio has a concentration of real estate loans. As of December 31, 2015 and 2014, real estate loans represented 81.4% and 81.1%, respectively, of total loans. However, borrowers’ ability to repay their loans is not dependent upon any specific economic sector. Subsequent Events Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Management performed an evaluation to determine whether there have been any subsequent events since the balance sheet date and determined that no subsequent events occurred requiring accrual or disclosure. Reclassifications Certain amounts, previously reported, have been reclassified to state all periods on a comparable basis and had no effect on shareholders’ equity or net income. Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, interest bearing deposits and federal funds sold. Cash and cash equivalents have original maturities of three months or less, and federal funds sold are generally purchased and sold for one-day periods. Accordingly, the carrying value of these instruments is deemed to be a reasonable estimate of fair value. At December 31, 2015 and 2014, included in cash and cash equivalents was $5.0 million on deposit with the Federal Reserve Bank. Investment Securities We classify our investment securities as held to maturity securities, trading securities and available for sale securities as applicable. Debt securities are designated as held to maturity if we have the intent and the ability to hold the securities to maturity. Held to maturity securities are carried at amortized cost, adjusted for the amortization of any related premiums or the accretion of any related discounts into interest income using a methodology which approximates a level yield of interest over the estimated remaining period until maturity. Unrealized losses on held to maturity securities, reflecting a decline in value judged by us to be other than temporary, are charged to income in the Consolidated Statements of Income. Debt and equity securities that are purchased and held principally for the purpose of selling in the near term are reported as trading securities. Trading securities are carried at fair value with unrealized holding gains and losses included in earnings. We classify debt and equity securities as available for sale when at the time of purchase we determine that such securities may be sold at a future date or if we do not have the intent or ability to hold such securities to maturity. Securities designated as available for sale are recorded at fair value. Changes in the fair value of debt and equity securities available for sale are included in shareholders’ equity as unrealized gains or losses, net of the related tax effect. Unrealized losses on available for sale securities, reflecting a decline in value judged to be other than temporary, are charged to income in the Consolidated Statements of Income. Realized gains or losses on available for sale securities are computed on the specific identification basis. Other Investments The Bank, as a member institution, is required to own a stock investment in the Federal Home Loan Bank of Atlanta (“FHLB”). Cash dividends on our FHLB stock are recorded in investment income. Prior to the Bank’s conversion to a state charter on April 1, 2013, the Bank was also required to own stock in the Federal Reserve Bank. These stocks are generally pledged against any borrowings from these institutions. No ready market exists for these stocks and they have no quoted market value. However, redemption of these stocks has historically been at par value. Other investments also include a $403,000 investment in the Trusts. Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value. Net unrealized losses, if any, are recorded as a valuation allowance and charged to earnings. Mortgage loans held for sale are generally sold with servicing rights released. Gains and losses on sales of mortgage loans are based on the difference between the selling price and the carrying value of the related loan sold. Loans Loans are stated at the principal balance outstanding. Unamortized net loan fees and the allowance for possible loan losses are deducted from total loans on the balance sheets. Interest income is recognized over the term of the loan based on the principal amount outstanding. The net of loan origination fees received and direct costs incurred in the origination of loans is deferred and amortized to interest income over the contractual life of the loans adjusted for actual principal prepayments using a method approximating the interest method. Nonaccrual and Past Due Loans Loans are generally placed on nonaccrual status when principal or interest becomes 90 days past due, or when payment in full is not anticipated. When a loan is placed on nonaccrual status, interest accrued but not received is generally reversed against interest income. Cash receipts on nonaccrual loans are not recorded as interest income, but are used to reduce the loan’s principal balance. A nonaccrual loan is generally returned to accrual status and accrual of interest is resumed when payments have been made according to the terms and conditions of the loan for a continuous six month period. Our loans are considered past due when contractually required principal or interest payments have not been made on the due dates. Nonperforming Assets Nonperforming assets include real estate acquired through foreclosure or deed taken in lieu of foreclosure, loans on nonaccrual status and loans past due 90 days or more and still accruing interest. Loans are placed on nonaccrual status when, in the opinion of management, the collection of additional interest is uncertain. Thereafter no interest is taken into income until such time as the borrower demonstrates the ability to pay both principal and interest. Impaired Loans Our impaired loans include loans on nonaccrual status and loans modified in a troubled debt restructuring (“TDR”), whether on accrual or nonaccrual status. For loans that are classified as impaired, an allowance is established when the fair value (discounted cash flows, collateral value, or observable market price) of the impaired loan less costs to sell, are lower than the carrying value of that loan. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due, among other factors. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including, without limitation, the length of the delay, the reasons for the delay, the borrower's prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Prior to this change, large groups of smaller balance homogeneous consumer loans were collectively evaluated for impairment, and we did not separately identify individual consumer loans for impairment disclosures. Loan Charge-off Policy For commercial loans, we generally fully charge off or charge collateralized loans down to net realizable value when management determines the loan to be uncollectible; repayment is deemed to be projected beyond reasonable time frames; the loan has been classified as a loss by either our internal loan review process or our banking regulatory agencies; the client has filed bankruptcy and the loss becomes evident owing to a lack of assets; or the loan is 120 days past due unless both well-secured and in the process of collection. For consumer loans, we generally charge down to net realizable value when the loan is 180 days past due. Troubled Debt Restructuring (TDRs) The Company considers a loan to be a TDR when the debtor experiences financial difficulties and the Company provides concessions such that we will not collect all principal and interest in accordance with the original terms of the loan agreement. Concessions can relate to the contractual interest rate, maturity date, or payment structure of the note. As part of our workout plan for individual loan relationships, we may restructure loan terms to assist borrowers facing challenges in the current economic environment. Our policy with respect to accrual of interest on loans restructured in a TDR follows relevant supervisory guidance. That is, if a borrower has demonstrated performance under the previous loan terms and shows capacity to perform under the restructured loan terms; continued accrual of interest at the restructured interest rate is likely. If a borrower was materially delinquent on payments prior to the restructuring, but shows capacity to meet the restructured loan terms, the loan will likely continue as nonaccrual going forward. Lastly, if the borrower does not perform under the restructured terms, the loan is placed on nonaccrual status. We will continue to closely monitor these loans and will cease accruing interest on them if management believes that the borrowers may not continue performing based on the restructured note terms. If, after previously being classified as a TDR, a loan is restructured a second time and the borrower continues to experience financial difficulties, then that loan is automatically placed on nonaccrual status. Our policy with respect to nonperforming loans requires the borrower to make a minimum of six consecutive payments of principal and interest in accordance with the loan terms before that loan can be placed back on accrual status. Further, the borrower must show capacity to continue performing into the future prior to restoration of accrual status. In addition, our policy, in accordance with supervisory guidance, also provides for a loan to be removed from TDR status if the loan is modified or renewed at terms consistent with current market rates and the loan has been performing under modified terms for an extended period of time or under certain circumstances. In the determination of the allowance for loan losses, management considers TDRs on commercial and consumer loans and subsequent defaults in these restructurings by measuring impairment, on a loan by loan basis, based on either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral, less costs to sell, if the loan is collateral dependent. Allowance for Loan Losses The allowance for loan losses is management’s estimate of credit losses inherent in the loan portfolio. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. We have an established process to determine the adequacy of the allowance for loan losses that assesses the losses inherent in our portfolio. While we attribute portions of the allowance to specific portfolio segments, the entire allowance is available to absorb credit losses inherent in the total loan portfolio. Our process involves procedures to appropriately consider the unique risk characteristics of our commercial and consumer loan portfolio segments. For each portfolio segment, impairment is measured individually for each impaired loan. Our allowance levels are influenced by loan volume, loan grade or delinquency status, historic loss experience and other economic conditions. See Note 3 to the Consolidated Financial Statements for additional information on the allowance for loan losses. Other Real Estate Owned Real estate acquired through foreclosure is initially recorded at the lower of cost or estimated fair value. Subsequent to the date of acquisition, it is carried at the lower of cost or fair value, adjusted for net selling costs. Fair values of real estate owned are reviewed regularly and write-downs are recorded when it is determined that the carrying value of real estate exceeds the fair value less estimated costs to sell. Costs relating to the development and improvement of such property are capitalized, whereas those costs relating to holding the property are expensed. Property and Equipment Property and equipment are stated at cost. Major repairs are charged to operations, while major improvements are capitalized. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Upon retirement, sale, or other disposition of property and equipment, the cost and accumulated depreciation are eliminated from the accounts, and gain or loss is included in income from operations. Construction in progress is stated at cost, which includes the cost of construction and other direct costs attributable to the construction. No provision for depreciation is made on construction in progress until such time as the relevant assets are completed and put into use. Bank Owned Life Insurance Policies Bank owned life insurance policies represent the cash value of policies on certain officers of the Company. Securities Sold Under Agreements to Repurchase The Bank enters into sales of securities under agreements to repurchase (reverse repurchase agreements). Repurchase agreements are treated as financing, with the obligation to repurchase securities sold being reflected as a liability and the securities underlying the agreements remaining as assets in the Consolidated Balance Sheets. Comprehensive Income Comprehensive income (loss) consists of net income and net unrealized gains (losses) on securities and is presented in the statements of shareholders’ equity and comprehensive income. The statement requires only additional disclosures in the consolidated financial statements; it does not affect our results of operations. Income Taxes The financial statements have been prepared on the accrual basis. When income and expenses are recognized in different periods for financial reporting purposes versus for the purposes of computing income taxes currently payable, deferred taxes are provided on such temporary differences. Deferred tax assets and liabilities are recognized for the expected future tax consequences of events that have been recognized in the consolidated financial statements or tax returns. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be realized or settled. The Company believes that its income tax filing positions taken or expected to be taken on its tax returns will more likely than not be sustained upon audit by the taxing authorities and does not anticipate any adjustments that will result in a material adverse impact on the Company’s financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded. The Company’s federal and state income tax returns are open and subject to examination from the 2012 tax return year and forward. Stock-Based Compensation The Company has a stock-based employee compensation plan. Compensation cost is recognized for all stock options granted and for any outstanding unvested awards as if the fair value method had been applied to those awards as of the date of grant. Recently Issued Accounting Pronouncements The following is a summary of recent authoritative pronouncements that could impact the accounting, reporting, and/or disclosure of financial information by the Company. In January 2014, the Financial Accounting Standards Board (“FASB”) amended Receivables topic of the Accounting Standards Codification (the “ASC”). The amendments are intended to resolve diversity in practice with respect to when a creditor should reclassify a collateralized consumer mortgage loan to other real estate owned. In addition, the amendments require a creditor to reclassify a collateralized consumer mortgage loan to other real estate owned upon obtaining legal title to the real estate collateral, or the borrower voluntarily conveying all interest in the real estate property to the lender to satisfy the loan through a deed in lieu of foreclosure or similar legal agreement. The amendments became effective for the Company for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. In implementing this guidance, assets that are reclassified from real estate to loans are measured at the carrying value of the real estate at the date of adoption. Assets reclassified from loans to real estate are measured at the lower of the net amount of the loan receivable or the fair value of the real estate less costs to sell at the date of adoption. After December 15, 2014, the Company applied the amendments prospectively, and these amendments did not have a material effect on its financial statements. In May 2014, the FASB issued guidance to change the recognition of revenue from contracts with customers. The core principle of the guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. In August 2015, the FASB deferred the effective date of ASU 2014-09, Revenue from Contracts with Customers. As a result of the deferral, the guidance in ASU 2014-09 will be effective for the Company for reporting periods beginning after December 15, 2017. The Company does not expect these amendments to have a material effect on its financial statements. In June 2014, the FASB issued guidance which makes limited amendments to the guidance on accounting for certain repurchase agreements. The new guidance (1) requires entities to account for repurchase-to-maturity transactions as secured borrowings (rather than as sales with forward repurchase agreements), (2) eliminates accounting guidance on linked repurchase financing transactions, and (3) expands disclosure requirements related to certain transfers of financial assets that are accounted for as sales and certain transfers (specifically, repos, securities lending transactions, and repurchase-to-maturity transactions) accounted for as secured borrowings. The amendments became effective for the Company for the first interim or annual period beginning after December 15, 2014. These amendments did not have a material effect on the Company’s financial statements. In January 2015, the FASB issued guidance to eliminate from U.S. GAAP the concept of an extraordinary item, which is an event or transaction that is both (1) unusual in nature and (2) infrequently occurring. Under the guidance, an entity will no longer (1) segregate an extraordinary item from the results of ordinary operations; (2) separately present an extraordinary item on its income statement, net of tax, after income from continuing operations; or (3) disclose income taxes and earnings-per-share data applicable to an extraordinary item. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect these amendments to have a material effect on its financial statements. In February 2015, the FASB issued guidance which amends the consolidation requirements and significantly changes the consolidation analysis required under U.S. GAAP. Although the amendments are expected to result in the deconsolidation of many entities, the Company will need to reevaluate all of its previous consolidation conclusions. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted (including during an interim period), provided that the guidance is applied as of the beginning of the annual period containing the adoption date. The Company does not expect these amendments to have a material effect on its financial statements. In January 2016, the FASB amended the Financial Instruments topic of the ASC to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The amendments will be effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company will apply the guidance by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values will be applied prospectively to equity investments that exist as of the date of adoption of the amendments. The Company does not expect these amendments to have a material effect on its financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a significant impact on the Company’s financial position, results of operations and cash flows.

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2015
Investment Securities [Abstract]
Investment Securities	NOTE 2 – Investment Securities The amortized costs and fair value of investment securities are as follows: December 31, 2015 Amortized Gross Unrealized Fair (dollars in thousands) Cost Gains Losses Value Available for sale US government agencies $ 14,711 1 113 14,599 SBA securities 6,410 - 133 6,277 State and political subdivisions 21,771 525 37 22,259 Mortgage-backed securities FHLMC 12,983 4 148 12,839 FNMA 34,008 181 292 33,897 GNMA 62 6 - 68 Total mortgage-backed securities 47,053 191 440 46,804 Total $ 89,945 717 723 89,939 December 31, 2014 Amortized Gross Unrealized Fair Cost Gains Losses Value Available for sale US government agencies $ 8,763 9 215 8,557 SBA securities 5,336 - 182 5,154 State and political subdivisions 16,253 598 51 16,800 Mortgage-backed securities FHLMC 7,284 60 12 7,332 FNMA 16,846 273 30 17,089 GNMA 84 8 - 92 Total mortgage-backed securities 24,214 341 42 24,513 Total $ 54,566 948 490 55,024 During the first quarter of 2015, the Company sold $5.8 million of its mortgage-backed securities and state and municipal obligations and recorded a gain on sale of investment securities of $259,000. In addition, the Company sold and subsequently reinvested $4.3 million of investment securities during the second quarter of 2015 and recorded a gain of $36,000 from the transaction. In comparison, the Company developed a need for additional liquidity as we experienced increased loan demand during the second quarter of 2014 and subsequently sold $10.4 million of our mortgage-backed securities and state and municipal obligations and recorded a net gain on sale of investment securities of $230,000. The amortized costs and fair values of investment securities available for sale at December 31, 2015 and 2014, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because issuers have the right to prepay the obligations. December 31, 2015 2014 Amortized Fair Amortized Fair (dollars in thousands) Cost Value Cost Value Available for sale Due within one year $ - - 2,081 2,082 Due after one through five years 4,638 4,613 1,356 1,387 Due after five through ten years 30,605 30,784 10,143 10,583 Due after ten years 54,702 54,542 40,986 40,972 $ 89,945 89,939 54,566 55,024 The tables below summarize gross unrealized losses on investment securities and the fair market value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2015 and 2014. Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (dollars in thousands) # value losses # value losses # value losses As of December 31, 2015 Available for sale US government agencies 9 $ 12,853 $ 113 - $ - $ - 9 $ 12,853 $ 113 SBA securities - - - 2 4,691 133 2 4,691 133 State and political subdivisions 7 3,125 17 3 1,220 20 10 4,345 37 Mortgage-backed FHLMC 9 12,160 148 - - - 9 12,160 148 FNMA 18 28,708 292 - - - 18 28,708 292 43 $ 56,846 $ 570 5 $ 5,911 $ 153 48 $ 62,757 $ 723 Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (dollars in thousands) # value losses # value losses # value losses As of December 31, 2014 Available for sale US government agencies - $ - $ - 2 $ 7,569 $ 215 2 $ 7,569 $ 215 SBA securities - - - 2 5,154 182 2 5,154 182 State and political subdivisions - - - 7 3,488 51 7 3,488 51 Mortgage-backed FHLMC 1 731 1 1 2,472 11 2 3,203 12 FNMA 2 3,676 10 1 2,284 20 3 5,960 30 3 $ 4,407 $ 11 13 $ 20,967 $ 479 16 $ 25,374 $ 490 At December 31, 2015, the Company had 43 individual investments with a fair market value of $56.8 million that were in an unrealized loss position for less than 12 months and 5 individual investments with a fair market value of $5.9 million that were in an unrealized loss position for 12 months or longer. The unrealized losses were primarily attributable to changes in interest rates, rather than deterioration in credit quality. The individual securities are each investment grade securities. The Company considers the length of time and extent to which the fair value of available-for-sale debt securities have been less than cost to conclude that such securities were not other-than-temporarily impaired. We also consider other factors such as the financial condition of the issuer including credit ratings and specific events affecting the operations of the issuer, volatility of the security, underlying assets that collateralize the debt security, and other industry and macroeconomic conditions. As the Company has no intent to sell securities with unrealized losses and it is not more-likely-than-not that the Company will be required to sell these securities before recovery of amortized cost, we have concluded that the securities are not impaired on an other-than-temporary basis. Other investments are comprised of the following and are recorded at cost which approximates fair value: December 31, (dollars in thousands) 2015 2014 Federal Home Loan Bank stock $ 5,005 6,020 Other investments 124 99 Investment in Trust Preferred subsidiaries 403 403 $ 5,532 6,522 The Company has evaluated the FHLB stock for impairment and determined that the investment in FHLB stock is not other than temporarily impaired as of December 31, 2015 and ultimate recoverability of the par value of this investment is probable. All of the FHLB stock is used to collateralize advances with the FHLB. At December 31, 2015, $21.3 million of securities were pledged as collateral for repurchase agreements from brokers, and approximately $11.1 million was pledged to secure client deposits. At December 31, 2014, $21.8 million of securities were pledged as collateral for repurchase agreements from brokers. In addition, approximately $12.9 million was pledged to secure client deposits.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2015
Loans and Allowance For Loan Losses [Abstract]
Loans and Allowance for Loan Losses	NOTE 3 – Loans and Allowance for Loan Losses The Company makes loans to individuals and small businesses for various personal and commercial purposes primarily in the Upstate, Midlands, and Lowcountry regions of South Carolina. The Company’s loan portfolio is not concentrated in loans to any single borrower or a relatively small number of borrowers. The Company focuses its lending activities primarily on the professional markets in Greenville, Columbia, and Charleston including doctors, dentists, and small business owners. The principal component of the loan portfolio is loans secured by real estate mortgages which account for 81.4% of total loans at December 31, 2015. Commercial loans comprise 59.1% of total real estate loans and consumer loans account for 40.9%. Commercial real estate loans are further categorized into owner occupied which represents 23.5% of total loans and non-owner occupied loans represent 20.5%. Commercial construction loans represent only 4.1% of the total loan portfolio. In addition to monitoring potential concentrations of loans to particular borrowers or groups of borrowers, industries and geographic regions, management monitors exposure to credit risk from concentrations of lending products and practices such as loans that subject borrowers to substantial payment increases (e.g. principal deferral periods, loans with initial interest-only periods, etc.), and loans with high loan-to-value ratios. As of December 31, 2015, approximately $94.0 million, or 9.4% of our loans had loan-to-value ratios which exceeded regulatory supervisory limits, of which 98 loans totaling approximately $37.1 million had loan-to-value ratios of 100% or more. Additionally, there are industry practices that could subject the Company to increased credit risk should economic conditions change over the course of a loan’s life. For example, the Company makes variable rate loans and fixed rate principal-amortizing loans with maturities prior to the loan being fully paid (i.e. balloon payment loans). The various types of loans are individually underwritten and monitored to manage the associated risks. The allowance for loan losses is management's estimate of credit losses inherent in the loan portfolio at the balance sheet date. We have an established process to determine the adequacy of the allowance for loan losses that assesses the losses inherent in our portfolio. While we attribute portions of the allowance to specific portfolio segments, the entire allowance is available to absorb credit losses inherent in the total loan portfolio. Our process involves procedures to appropriately consider the unique risk characteristics of our commercial and consumer loan portfolio segments. For each portfolio segment, impairment is measured individually for each impaired loan. Our allowance levels are influenced by loan volume, loan grade or delinquency status, historic loss experience and other economic conditions. Portfolio Segment Methodology Commercial Commercial loans are assessed for estimated losses by grading each loan using various risk factors identified through periodic reviews. The Company applies historic grade-specific loss factors to each loan class. In the development of statistically derived loan grade loss factors, the Company observes historical losses over 20 quarters for each loan grade. These loss estimates are adjusted as appropriate based on additional analysis of external loss data or other risks identified from current economic conditions and credit quality trends. The allowance also includes an amount for the estimated impairment on nonaccrual commercial loans and commercial loans modified in a TDR, whether on accrual or nonaccrual status. Consumer For consumer loans, the Company determines the allowance on a collective basis utilizing historical losses over 20 quarters to represent its best estimate of inherent loss. The Company pools loans, generally by loan class with similar risk characteristics. The allowance also includes an amount for the estimated impairment on nonaccrual consumer loans and consumer loans modified in a TDR, whether on accrual or nonaccrual status. During the third quarter of 2015, the Company began using 20 quarters to measure commercial and consumer historical losses rather than a 12 quarter period as used in the past. The Company believes that the longer period used to determine historical losses for both its commercial and consumer loans captures a longer economic cycle, including periods of economic uncertainty which are unlike those the Company has experienced in the past three years. The Company also believes that using 20 quarters to measure historical losses is more indicative of the expected losses and risks inherent in the portfolio. The following table summarizes the composition of our loan portfolio. Total gross loans are recorded net of deferred loan fees and costs, which totaled $1.7 million and $1.8 million as of December 31, 2015 and December 31, 2014, respectively. December 31, (dollars in thousands) 2015 2014 Commercial Owner occupied $ 236,083 23.5% 191,061 21.9% Non-owner occupied 205,604 20.5% 183,440 21.1% Construction 41,751 4.1% 50,995 5.8% Business 171,743 17.1% 149,986 17.2% Total commercial loans 655,181 65.2% 575,482 66.0% Consumer Residential 174,802 17.4% 146,859 16.9% Home equity 116,563 11.6% 95,629 11.0% Construction 43,318 4.3% 39,226 4.5% Other 15,080 1.5% 14,250 1.6% Total consumer loans 349,763 34.8% 295,964 34.0% Total gross loans, net of deferred fees 1,004,944 100.0% 871,446 100.0% Less – allowance for loan losses (13,629 ) (11,752 ) Total loans, net $ 991,315 859,694 The composition of gross loans by rate type is as follows: December 31, (dollars in thousands) 2015 2014 Variable rate loans $ 254,749 227,232 Fixed rate loans 750,195 644,214 $ 1,004,944 871,446 At December 31, 2015, approximately $286.6 million of the Company’s mortgage loans were pledged as collateral for advances from the FHLB, as set forth in Note 8. Credit Quality Indicators Commercial We manage a consistent process for assessing commercial loan credit quality by monitoring our loan grading trends and past due statistics. All loans are subject to individual risk assessment. Our risk categories include Pass, Special Mention, Substandard, and Doubtful, each of which is defined by banking regulatory agencies. Delinquency statistics are also an important indicator of credit quality in the establishment of our allowance for credit losses. We categorize our loans into risk categories based on relevant information about the ability of the borrower to service their debt such as current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. A description of the general characteristics of the risk grades is as follows: ● Pass—These loans range from minimal credit risk to average however still acceptable credit risk. ● Special mention—A special mention loan has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the institution’s credit position at some future date. ● Substandard—A substandard loan is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified must have a well-defined weakness, or weaknesses, that may jeopardize the liquidation of the debt. A substandard loan is characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. ● Doubtful—A doubtful loan has all of the weaknesses inherent in one classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of the currently existing facts, conditions and values, highly questionable and improbable. The following tables provide past due information for outstanding commercial loans and include loans on nonaccrual status. December 31, 2015 Owner Non-owner (dollars in thousands) occupied RE occupied RE Construction Business Total Current $ 235,795 201,381 41,354 170,644 649,174 30-59 days past due - - - 205 205 60-89 days past due 43 1,452 - 18 1,513 Greater than 90 days 245 2,771 397 876 4,289 $ 236,083 205,604 41,751 171,743 655,181 December 31, 2014 Owner Non-owner occupied RE occupied RE Construction Business Total Current $ 190,801 180,577 50,212 148,317 569,907 30-59 days past due - 49 - 35 84 60-89 days past due - 246 - 155 401 Greater than 90 days 260 2,568 783 1,479 5,090 $ 191,061 183,440 50,995 149,986 575,482 As of December 31, 2015 and 2014, loans 30 days or more past due represented 0.66% and 0.73% of our total loan portfolio, respectively. Commercial loans 30 days or more past due were 0.60% and 0.64% as of December 31, 2015 and 2014, respectively. The tables below provide a breakdown of outstanding commercial loans by risk category. December 31, 2015 Owner Non-owner (dollars in thousands) occupied RE occupied RE Construction Business Total Pass $ 230,460 198,144 39,678 161,920 630,202 Special Mention 3,887 1,574 286 5,511 11,258 Substandard 1,736 5,886 1,787 4,312 13,721 Doubtful - - - - - $ 236,083 205,604 41,751 171,743 655,181 December 31, 2014 Owner Non-owner occupied RE occupied RE Construction Business Total Pass $ 184,158 173,711 48,140 140,432 546,441 Special Mention 5,035 3,376 129 4,715 13,255 Substandard 1,868 6,353 2,726 4,839 15,786 Doubtful - - - - - $ 191,061 183,440 50,995 149,986 575,482 Consumer We manage a consistent process for assessing consumer loan credit quality by monitoring our loan grading trends and past due statistics. All loans are subject to individual risk assessment. Our risk categories include Pass, Special Mention, Substandard, and Doubtful, which are defined above. Delinquency statistics are also an important indicator of credit quality in the establishment of our allowance for loan losses. The following tables provide past due information for outstanding consumer loans and include loans on nonaccrual status. December 31, 2015 (dollars in thousands) Real estate Home equity Construction Other Total Current $ 174,576 116,305 43,258 14,994 349,133 30-59 days past due 187 - 60 86 333 60-89 days past due 39 - - - 39 Greater than 90 days - 258 - - 258 $ 174,802 116,563 43,318 15,080 349,763 December 31, 2014 Real estate Home equity Construction Other Total Current $ 146,362 95,311 39,226 14,247 295,146 30-59 days past due 40 - - - 40 60-89 days past due - 130 - 3 133 Greater than 90 days 457 188 - - 645 $ 146,859 95,629 39,226 14,250 295,964 Consumer loans 30 days or more past due were 0.06% and 0.09% as of December 31, 2015 and 2014, respectively. The tables below provide a breakdown of outstanding consumer loans by risk category. December 31, 2015 (dollars in thousands) Real estate Home equity Construction Other Total Pass $ 172,589 112,080 42,319 14,967 341,955 Special Mention 961 3,388 - 45 4,394 Substandard 1,252 1,095 999 68 3,414 Doubtful - - - - - Loss - - - - - $ 174,802 116,563 43,318 15,080 349,763 December 31, 2014 Real estate Home equity Construction Other Total Pass $ 144,070 91,084 39,226 14,013 288,393 Special Mention 953 3,268 - 139 4,360 Substandard 1,836 1,277 - 98 3,211 Doubtful - - - - - Loss - - - - - $ 146,859 95,629 39,226 14,250 295,964 Nonperforming assets The following table shows the nonperforming assets and the related percentage of nonperforming assets to total assets and gross loans. Generally, a loan is placed on nonaccrual status when it becomes 90 days past due as to principal or interest, or when we believe, after considering economic and business conditions and collection efforts, that the borrower’s financial condition is such that collection of the contractual principal or interest on the loan is doubtful. A payment of interest on a loan that is classified as nonaccrual is recognized as a reduction in principal when received. December 31, (dollars in thousands) 2015 2014 Commercial Owner occupied RE $ 704 322 Non-owner occupied RE 4,170 2,344 Construction - 783 Business 779 1,408 Consumer Real estate - 457 Home equity 258 188 Construction - - Other 5 1 Nonaccruing troubled debt restructurings 701 1,147 Total nonaccrual loans, including nonaccruing TDRs 6,617 6,650 Other real estate owned 2,475 3,307 Total nonperforming assets $ 9,092 9,957 Nonperforming assets as a percentage of: Total assets 0.75% 0.97% Gross loans 0.90% 1.14% Total loans over 90 days past due $ 4,547 5,735 Loans over 90 days past due and still accruing - - Accruing TDRs 7,266 8,562 Foregone interest income on the nonaccrual loans for the year ended December 31, 2015 was approximately $644,000 and approximately $414,000 for the same period in 2014. Impaired Loans The table below summarizes key information for impaired loans. Our impaired loans include loans on nonaccrual status and loans modified in a TDR, whether on accrual or nonaccrual status. These impaired loans may have estimated impairment which is included in the allowance for loan losses. Our commercial and consumer impaired loans are evaluated individually to determine the related allowance for loan losses. December 31, 2015 Recorded investment Impaired loans Unpaid with related Related Principal Impaired allowance for allowance for (dollars in thousands) Balance loans loan losses loan losses Commercial Owner occupied RE $ 964 863 863 260 Non-owner occupied RE 9,144 5,792 4,161 1,321 Construction 1,855 1,787 397 31 Business 4,756 3,861 2,936 1,932 Total commercial 16,719 12,303 8,357 3,544 Consumer Real estate 1,121 1,121 805 489 Home equity 260 258 - - Construction - - - - Other 201 201 201 191 Total consumer 1,582 1,580 1,006 680 Total $ 18,301 13,883 9,363 4,224 December 31, 2014 Recorded investment Impaired loans Unpaid with related Related Principal Impaired allowance for allowance for Balance loans loan losses loan losses Commercial Owner occupied RE $ 1,122 1,122 1,060 371 Non-owner occupied RE 5,813 4,522 2,777 801 Construction 5,268 2,726 1,315 324 Business 5,385 4,565 3,528 2,464 Total commercial 17,588 12,935 8,680 3,960 Consumer Real estate 1,620 1,620 1,299 585 Home equity 347 347 347 191 Construction - - - - Other 310 310 310 310 Total consumer 2,277 2,277 1,956 1,086 Total $ 19,865 15,212 10,636 5,046 The following table provides the average recorded investment in impaired loans and the amount of interest income recognized on impaired loans after impairment by portfolio segment and class. Year ended December 31, 2015 2014 2013 Average Recognized Average Recognized Average Recognized recorded interest recorded interest recorded interest (dollars in thousands) investment income investment income investment income Commercial Owner occupied RE $ 884 6 1,568 47 1,519 47 Non-owner occupied RE 6,137 128 5,693 104 5,932 261 Construction 1,888 74 1,977 75 2,054 57 Business 4,067 148 4,522 154 4,521 189 Total commercial 12,976 356 13,760 380 14,026 554 Consumer Real estate 1,112 46 2,094 53 1,186 100 Home equity 252 7 251 10 610 8 Construction - - - - - - Other 208 7 282 13 234 9 Total consumer 1,572 60 2,627 76 2,030 117 Total $ 14,548 416 16,387 456 16,056 671 Allowance for Loan Losses The following table summarizes the activity related to our allowance for loan losses: Year ended December 31, (dollars in thousands) 2015 2014 2013 Balance, beginning of period $ 11,752 10,213 9,091 Provision for loan losses 3,200 4,175 3,475 Loan charge-offs: Commercial Owner occupied RE (48 ) - (390 ) Non-owner occupied RE (258 ) (2,069 ) (249 ) Construction (50 ) - - Business (881 ) (645 ) (1,664 ) Total commercial (1,237 ) (2,714 ) (2,303 ) Consumer Real estate (173 ) (51 ) (22 ) Home equity (93 ) (87 ) (106 ) Construction - - - Other (5 ) (35 ) (47 ) Total consumer (271 ) (173 ) (175 ) Total loan charge-offs (1,508 ) (2,887 ) (2,478 ) Loan recoveries: Commercial Owner occupied RE - - 1 Non-owner occupied RE 10 2 1 Construction - 127 - Business 129 117 115 Total commercial 139 246 117 Consumer Real estate - - - Home equity 46 5 8 Construction - - - Other - - - Total consumer 46 5 8 Total recoveries 185 251 125 Net loan charge-offs (1,323 ) (2,636 ) (2,353 ) Balance, end of period $ 13,629 11,752 10,213 The following tables summarize the activity in the allowance for loan losses by our commercial and consumer portfolio segments. Year ended December 31, 2015 (dollars in thousands) Commercial Consumer Unallocated Total Balance, beginning of period $ 8,216 3,536 - 11,752 Provision 2,554 646 - 3,200 Loan charge-offs (1,237 ) (271 ) - (1,508 ) Loan recoveries 139 46 - 185 Net loan charge-offs (1,098 ) (225 ) - (1,323 ) Balance, end of period $ 9,672 3,957 - 13,629 Year ended December 31, 2014 Commercial Consumer Unallocated Total Balance, beginning of period $ 8,239 1,974 - 10,213 Provision 2,445 1,730 - 4,175 Loan charge-offs (2,714 ) (173 ) - (2,887 ) Loan recoveries 246 5 - 251 Net loan charge-offs (2,468 ) (168 ) - (2,636 ) Balance, end of period $ 8,216 3,536 - 11,752 The following table disaggregates our allowance for loan losses and recorded investment in loans by method of impairment evaluation. December 31, 2015 Allowance for loan losses Recorded investment in loans (dollars in thousands) Commercial Consumer Total Commercial Consumer Total Individually evaluated $ 3,544 680 4,224 12,303 1,580 13,883 Collectively evaluated 6,128 3,277 9,405 642,878 348,183 991,061 Total $ 9,672 3,957 13,629 655,181 349,763 1,004,944 December 31, 2014 Allowance for loan losses Recorded investment in loans Commercial Consumer Total Commercial Consumer Total Individually evaluated $ 3,960 1,086 5,046 12,935 2,277 15,212 Collectively evaluated 4,256 2,450 6,706 562,547 293,687 856,234 Total $ 8,216 3,536 11,752 575,482 295,964 871,446

Troubled Debt Restructurings

Troubled Debt Restructurings	12 Months Ended
	Dec. 31, 2015
Troubled Debt Restructurings [Abstract]
Troubled Debt Restructurings	NOTE 4 – Troubled Debt Restructurings At December 31, 2015, we had 29 loans totaling $8.0 million and at December 31, 2014 we had 37 loans totaling $9.7 million, which we considered as TDRs. The Company considers a loan to be a TDR when the debtor experiences financial difficulties and the Company grants a concession to the debtor that it would not normally consider. Concessions can relate to the contractual interest rate, maturity date, or payment structure of the note. As part of our workout plan for individual loan relationships, we may restructure loan terms to assist borrowers facing challenges in the current economic environment. During 2015, we have added four commercial loans totaling $529,000 as TDRs and removed three loans from TDR status in accordance with our nonperforming loans and TDR policies. In addition, eight loans classified as TDRs at December 31, 2014 were paid off or charged off, and one TDR loan was moved to other real estate owned. To date, we have restored three nonaccrual commercial loans previously classified as TDRs to accrual status. The following table summarizes the concession at the time of modification and the recorded investment in our TDRs before and after their modification. For the year ended December 31, 2015 Pre- Post- modification modification Renewals Reduced Converted Maturity Total outstanding outstanding deemed a or deferred to interest date number recorded recorded (dollars in thousands) concession payments only extensions of loans investment Investment Commercial Non-owner occupied RE 1 - - 1 2 $ 112 $ 112 Business 2 - - - 2 420 420 Total loans 3 - - 1 4 $ 532 $ 532 For the year ended December 31, 2014 Pre- Post- modification modification Renewals Reduced Converted Maturity Total outstanding outstanding deemed a or deferred to interest date number recorded recorded (dollars in thousands) concession payments only extensions of loans investment Investment Commercial Non-owner occupied RE - - - 2 2 $ 275 $ 285 Construction 1 - - - 1 1,292 1,412 Business 1 - - 2 3 263 263 Consumer Real estate - - 1 - 1 116 116 Other 2 - - - 2 126 126 Total loans 4 - 1 4 9 $ 2,072 $ 2,202 As of December 31, 2015 there were no loans modified as TDRs for which there was a payment default (60 days past due) within 12 months of the restructuring date. As of December 31, 2014, there was one consumer real estate loan with a recorded investment of $246,000 that had defaulted under these terms.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2015
Property and Equipment [Abstract]
Property and Equipment	NOTE 5 – Property and Equipment Property and equipment are stated at cost less accumulated depreciation. Components of property and equipment included in the consolidated balance sheets are as follows: December 31, (dollars in thousands) 2015 2014 Land $ 6,827 4,862 Buildings 14,667 14,714 Leasehold Improvements 2,009 1,650 Furniture and equipment 7,033 6,139 Software 388 385 Construction in process 1,422 30 32,346 27,780 Accumulated depreciation (8,161 ) (6,935 ) Total property and equipment $ 24,185 20,845 Construction in process at December 31, 2015 includes costs associated with the construction of a new regional office in Charleston, South Carolina office, while the December 31, 2014 balance includes various consulting and architect fees related to the Charleston, South Carolina office. Depreciation and amortization expense for the year ended December 31, 2015 was $1.3 million, $1.2 million for the year ended December 31, 2014, and $1.2 million for the year ended December 31, 2013. Depreciation is charged to operations utilizing a straight-line method over the estimated useful lives of the assets. The estimated useful lives for the principal items follow: Type of Asset Life in Years Software 3 Furniture and equipment 5 to 7 Leasehold improvements 5 to 15 Buildings 40

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2015
Other Real Estate Owned [Abstract]
Other Real Estate Owned	NOTE 6 – Other Real Estate Owned Other real estate owned is comprised of real estate acquired in settlement of loans and is included in other assets on the balance sheet. At December 31, 2015, other real estate owned included ten properties totaling $2.5 million, compared to nine properties totaling $3.3 million at December 31, 2014. The following summarizes the activity in the real estate acquired in settlement of loans portion of other real estate owned: For the year ended December 31, (dollars in thousands) 2015 2014 Balance, beginning of year $ 3,307 1,198 Additions 473 3,159 Sales (368 ) (730 ) Write-downs, net (937 ) (320 ) Balance, end of year $ 2,475 3,307

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Deposits	NOTE 7 – Deposits The following is a detail of the deposit accounts: December 31, (dollars in thousands) 2015 2014 Noninterest bearing $ 189,686 139,902 Interest bearing: NOW accounts 194,835 149,137 Money market accounts 311,167 224,733 Savings 10,806 8,664 Time, less than $100,000 60,153 62,646 Time, $100,000 and over 219,086 203,825 Total deposits $ 985,733 788,907 At December 31, 2015 and 2014, time deposits greater than $250,000 were $145.5 million and $121.8 million, respectively. Also, at December 31, 2015 and 2014, the Company had approximately $58.9 million and $60.0 million, respectively, of time deposits that were obtained outside of the Company’s primary market. Interest expense on time deposits greater than $100,000 was $1.7 million for the year ended December 31, 2015 and $1.5 million for each of the years ended December 31, 2014, and 2013. At December 31, 2015 the scheduled maturities of certificates of deposit are as follows: (dollars in thousands) 2016 $ 204,394 2017 49,394 2018 18,704 2019 3,391 2020 and after 3,356 $ 279,239

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances and Other Borrowings	12 Months Ended
	Dec. 31, 2015
Federal Home Loan Bank Advances and Other Borrowings [Abstract]
Federal Home Loan Bank Advances and Other Borrowings	NOTE 8 – Federal Home Loan Bank Advances and Other Borrowings At December 31, 2015 and 2014, the Company had $115.2 million and $135.2 million, respectively, in FHLB advances and other borrowings. Of the $115.2 million outstanding at December 31, 2015, FHLB advances represented $96.0 million and securities sold under structured agreements to repurchase represented $19.2 million. At December 31, 2014, FHLB advances represented $116.0 million and repurchase agreements represented $19.2 million. The FHLB advances are secured with approximately $286.6 million of mortgage loans and $5.0 million of stock in the FHLB. During the first quarter of 2014, the Company restructured five FHLB advances totaling $59.5 million. In accordance with accounting guidance, we determined that the present value of the cash flows of the modified advance did not change by more than 10% from the present value of the cash flows of the original advances. Therefore, the modified FHLB advance was considered to be a restructuring and no gain or loss was recorded in the transaction. The original FHLB advances had a weighted rate of 2.31% and an average remaining life of 40 months. Under the modified arrangement, the FHLB advances had a weighted average rate of 2.22% and an average remaining life of 43 months. Listed below is a summary of the terms and maturities of the advances outstanding at December 31, 2015 and 2014. As of December 31, 2015, $31.5 million, or 32.8%, of the Company’s advances were at fixed rates, while $64.5 million, or 67.2%, were at floating rates. In addition, a number of the advances are callable and subject to repricing during 2016 at the option of the FHLB. December 31, (dollars in thousands) 2015 2014 Maturity Amount Rate Amount Rate January 30, 2015 $ - - $ 20,000 0.17 % February 13, 2017 7,500 4.38 % 7,500 4.38 % April 18, 2017 7,000 2.17 % 7,000 2.08 % April 18, 2017 7,500 2.34 % 7,500 2.26 % April 19, 2017 20,000 1.60 % 20,000 1.51 % April 19, 2017 10,000 1.98 % 10,000 1.89 % July 11, 2017 9,000 4.49 % 9,000 4.49 % July 24, 2017 5,000 4.25 % 5,000 4.25 % January 30, 2018 5,000 3.00 % 5,000 2.92 % February 15, 2019 10,000 4.47 % 10,000 4.47 % October 10, 2019 15,000 3.51 % 15,000 3.44 % $ 96,000 3.03 % $ 116,000 2.49 % At December 31, 2015 and 2014, the Company had four structured debt agreements secured by approximately $21.3 million and $21.8 million, respectively, of various investment securities. While these agreements are at fixed rates, they each have callable features and are subject to repricing at the option of the seller. Listed below is a summary of the terms and maturities of these structured agreements to repurchase: (dollars in thousands) Maturity Amount Rate September 18, 2017 $ 10,000 3.63 % December 17, 2017 2,000 3.65 % March 14, 2018 3,600 2.75 % September 15, 2018 3,600 2.55 % $ 19,200 3.26 % The Company also has an unsecured, interest only line of credit for $10 million with another financial institution which was unused at December 31, 2015. The line of credit bears interest at LIBOR plus 2.90% with a floor of 3.25% and a ceiling of 5.15%. The line of credit matures on June 6, 2017. The loan agreement contains various financial covenants related to capital, earnings and asset quality.

Junior Subordinated Debentures

Junior Subordinated Debentures	12 Months Ended
	Dec. 31, 2015
Junior Subordinated Debentures [Abstract]
Junior Subordinated Debentures	NOTE 9 – Junior Subordinated Debentures On June 26, 2003, Greenville First Statutory Trust I, (a non-consolidated subsidiary) issued $6.0 million floating rate trust preferred securities with a maturity of June 26, 2033. At December 31, 2015, the interest rate was 3.70% and is indexed to the 3-month LIBOR rate and adjusted quarterly. The Company received from the Trust the $6.0 million proceeds from the issuance of the securities and the $186,000 initial proceeds from the capital investment in the Trust, and accordingly has shown the funds due to the Trust as $6.2 million junior subordinated debentures. On December 22, 2005, Greenville First Statutory Trust II, (a non-consolidated subsidiary) issued $7.0 million floating rate trust preferred securities with a maturity of December 22, 2035. At December 31, 2015, the interest rate was 2.04% and is indexed to the 3-month LIBOR rate and adjusted quarterly. The Company received from the Trust the $7.0 million proceeds from the issuance of the securities and the $217,000 initial proceeds from the capital investment in the Trust, and accordingly has shown the funds due to the Trust as $7.2 million junior subordinated debentures. The current regulatory rules allow certain amounts of junior subordinated debentures to be included in the calculation of regulatory capital. However, provisions within the Dodd-Frank Act prohibit institutions that had more than $15 billion in assets on December 31, 2009 from including trust preferred securities as Tier 1 capital beginning in 2013, with one-third phased out over the two years ending in 2015. Financial institutions with less than $15 billion in total assets, such as the Bank, may continue to include their trust preferred securities issued prior to May 19, 2010 in Tier 1 capital, but cannot include in Tier 1 capital trust preferred securities issued after such date.

Unused Lines of Credit

Unused Lines of Credit	12 Months Ended
	Dec. 31, 2015
Unused Lines of Credit [Abstract]
Unused Lines of Credit	NOTE 10 – Unused Lines of Credit At December 31, 2015, the Company had three lines of credit to purchase federal funds that totaled $45.0 million which were unused at December 31, 2015. The lines of credit are available on a one to ten day basis for general corporate purposes of the Company. The lender has reserved the right to withdraw the line at their option. The Company has an additional line of credit with the FHLB to borrow funds, subject to a pledge of qualified collateral. The Company has collateral that would support approximately $75.7 million in additional borrowings at December 31, 2015.

Fair Value Accounting

Fair Value Accounting	12 Months Ended
	Dec. 31, 2015
Fair Value Accounting [Abstract]
Fair Value Accounting	NOTE 11 – Fair Value Accounting FASB ASC 820, “Fair Value Measurement and Disclosures Topic,” defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1 – Quoted market price in active markets Quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities include certain debt and equity securities that are traded in an active exchange market. Level 2 – Significant other observable inputs Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include fixed income securities and mortgage-backed securities that are held in the Company’s available-for-sale portfolio and valued by a third-party pricing service, as well as certain impaired loans. Level 3 – Significant unobservable inputs Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. These methodologies may result in a significant portion of the fair value being derived from unobservable data. Following is a description of valuation methodologies used for assets recorded at fair value. Investment Securities Securities available for sale are valued on a recurring basis at quoted market prices where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable securities. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange or U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage-backed securities and debentures issued by government sponsored entities, municipal bonds and corporate debt securities. In certain cases where there is limited activity or less transparency around inputs to valuations, securities are classified as Level 3 within the valuation hierarchy. Securities held to maturity are valued at quoted market prices or dealer quotes similar to securities available for sale. The carrying value of Other Investments, such as Federal Reserve Bank and FHLB stock, approximates fair value based on their redemption provisions. Loans Held for Sale Loans held for sale include mortgage loans and are carried at the lower of cost or market value. The fair values of mortgage loans held for sale are based on current market rates from investors within the secondary market for loans with similar characteristics. Carrying value approximates fair value. Loans The Company does not record loans at fair value on a recurring basis. However, from time to time, a loan may be considered impaired and an allowance for loan losses may be established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures the impairment in accordance with FASB ASC 310, “Receivables.” The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, enterprise value, liquidation value and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. At December 31, 2015, substantially all of the impaired loans were evaluated based on the fair value of the collateral. In accordance with FASB ASC 820, “Fair Value Measurement and Disclosures,” impaired loans where an allowance is established based on the fair value of collateral require classification in the fair value hierarchy. When the fair value of the collateral is based on an observable market price or a current appraised value, the Company considers the impaired loan as nonrecurring Level 2. The Company’s current loan and appraisal policies require the Company to obtain updated appraisals on an “as is” basis at renewal, or in the case of an impaired loan, on an annual basis, either through a new external appraisal or an appraisal evaluation. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company considers the impaired loan as nonrecurring Level 3. The fair value of impaired loans may also be estimated using the present value of expected future cash flows to be realized on the loan, which is also considered a Level 3 valuation. These fair value estimates are subject to fluctuations in assumptions about the amount and timing of expected cash flows as well as the choice of discount rate used in the present value calculation. Other Real Estate Owned OREO, consisting of properties obtained through foreclosure or in satisfaction of loans, is reported at the lower of cost or fair value, determined on the basis of current appraisals, comparable sales, and other estimates of value obtained principally from independent sources, adjusted for estimated selling costs (Level 2). At the time of foreclosure, any excess of the loan balance over the fair value of the real estate held as collateral is treated as a charge against the allowance for loan losses. Gains or losses on sale and generally any subsequent adjustments to the value are recorded as a component of real estate owned activity. When an appraised value is not available or management determines the fair value of the collateral is further impaired below the appraised value and there is no observable market price, the Company considers the OREO as nonrecurring Level 3. Assets and Liabilities Recorded at Fair Value on a Recurring Basis December 31, 2015 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Securities available for sale: US government agencies $ - 14,599 - 14,599 SBA securities - 6,277 - 6,277 State and political subdivisions - 22,259 - 22,259 Mortgage-backed securities - 46,804 - 46,804 Total assets measured at fair value on a recurring basis $ - 89,939 - 89,939 December 31, 2014 Level 1 Level 2 Level 3 Total Assets Securities available for sale: US government agencies $ - 8,557 - 8,557 SBA securities - 5,154 - 5,154 State and political subdivisions - 16,800 - 16,800 Mortgage-backed securities - 24,513 - 24,513 Total assets measured at fair value on a recurring basis $ - 55,024 - 55,024 The Company has no liabilities carried at fair value or measured at fair value on a recurring or nonrecurring basis. Assets and Liabilities Recorded at Fair Value on a Nonrecurring Basis The Company is predominantly an asset based lender with real estate serving as collateral on more than 80% of loans as of December 31, 2015. Loans which are deemed to be impaired are valued net of the allowance for loan losses, and other real estate owned is valued at the lower of cost or net realizable value of the underlying real estate collateral. Such market values are generally obtained using independent appraisals, which the Company considers to be level 2 inputs. The tables below present the recorded amount of assets and liabilities measured at fair value on a nonrecurring basis. December 31, 2015 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Impaired loans $ - 9,102 557 9,659 Other real estate owned - 2,208 267 2,475 Total assets measured at fair value on a nonrecurring basis $ - 11,310 824 12,134 December 31, 2014 Level 1 Level 2 Level 3 Total Assets Impaired loans $ - 9,461 705 10,166 Other real estate owned - 3,040 267 3,307 Total assets measured at fair value on a nonrecurring basis $ - 12,501 972 13,473 The Company had no liabilities carried at fair value or measured at fair value on a nonrecurring basis. For Level 3 assets and liabilities measured at fair value on a recurring or nonrecurring basis as of December 31, 2015, the significant unobservable inputs used in the fair value measurements were as follows: Valuation Technique Significant Unobservable Inputs Range of Inputs Impaired loans Appraised Value/ Discounts to appraisals or cash 0-25% Discounted Cash Flows flows for estimated holding and/or selling costs or age of appraisal Other real estate owned Appraised Value/ Discounts to appraisals for 0-25% Comparable Sales estimated holding or selling costs Fair Value of Financial Instruments Financial instruments require disclosure of fair value information, whether or not recognized in the consolidated balance sheets, when it is practical to estimate the fair value. A financial instrument is defined as cash, evidence of an ownership interest in an entity or a contractual obligation which requires the exchange of cash. Certain items are specifically excluded from the disclosure requirements, including the Company’s common stock, premises and equipment and other assets and liabilities. The following is a description of valuation methodologies used to estimate fair value for certain other financial instruments. Fair value approximates carrying value for the following financial instruments due to the short-term nature of the instrument: cash and due from banks, federal funds sold, other investments, federal funds purchased, and securities sold under agreement to repurchase. Deposits – Fair value for demand deposit accounts and interest-bearing accounts with no fixed maturity date is equal to the carrying value. The fair value of certificate of deposit accounts are estimated by discounting cash flows from expected maturities using current interest rates on similar instruments. FHLB Advances and Other Borrowings – Fair value for FHLB advances and other borrowings are estimated by discounting cash flows from expected maturities using current interest rates on similar instruments. Junior subordinated debentures – Fair value for junior subordinated debentures are estimated by discounting cash flows from expected maturities using current interest rates on similar instruments. The Company has used management’s best estimate of fair value based on the above assumptions. Thus, the fair values presented may not be the amounts that could be realized in an immediate sale or settlement of the instrument. In addition, any income taxes or other expenses, which would be incurred in an actual sale or settlement, are not taken into consideration in the fair value presented. The estimated fair values of the Company’s financial instruments at December 31, 2015 and 2014 are as follows: December 31, 2015 (dollars in thousands) Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Cash and cash equivalents $ 62,866 62,866 62,866 - - Other investments, at cost 5,532 5,532 - - 5,532 Loans held for sale 4,943 4,943 - 4,943 - Loans, net 991,315 992,379 - 9,102 983,277 Financial Liabilities: Deposits 985,733 918,303 - 918,303 - FHLB and other borrowings 115,200 117,317 - 117,317 - Junior subordinated debentures 13,403 11,511 - 11,511 - December 31, 2014 Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Cash and cash equivalents $ 41,264 41,264 41,264 - - Other investments, at cost 6,522 6,522 - - 6,522 Loans held for sale 11,765 11,765 - 11,765 - Loans, net 859,694 860,215 - 9,461 850,754 Financial Liabilities: Deposits 788,907 748,497 - 748,497 - FHLB and other borrowings 135,200 144,156 - 144,156 - Junior subordinated debentures 13,403 6,823 - 6,823 -

Earnings Per Common Share

Earnings Per Common Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Common Share [Abstract]
Earnings Per Common Share	NOTE 12 – Earnings Per Common Share The following schedule reconciles the numerators and denominators of the basic and diluted earnings per share computations for the years ended December 31, 2015, 2014 and 2013. Dilutive common shares arise from the potentially dilutive effect of the Company’s stock options and warrants that are outstanding. The assumed conversion of stock options and warrants can create a difference between basic and dilutive net income per common share. At December 31, 2015, 2014 and 2013, options totaling 93,500, 109,303, and 34,624, respectively, were anti-dilutive in the calculation of earnings per share as their exercise price exceeded the fair market value. These options were therefore excluded from the diluted earnings per share calculation. December 31, (dollars in thousands, except share data) 2015 2014 2013 Numerator: Net income $ 10,167 6,625 5,120 Less: Preferred stock dividends - 915 771 Add: Gain on redemption of preferred stock - - 20 Net income available to common shareholders $ 10,167 5,710 4,369 Denominator: Weighted-average common shares outstanding - basic 6,204,518 4,980,595 4,279,992 Common stock equivalents 356,221 218,781 178,926 Weighted-average common shares outstanding - diluted 6,560,739 5,199,376 4,458,918 Earnings per common share: Basic $ 1.64 1.15 1.02 Diluted $ 1.55 1.10 0.98

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies [Abstract]
Commitments and Contingencies	NOTE 13 – Commitments and Contingencies The Company has entered into a three year employment agreement with its chief executive officer and a two year employment agreement with its president and with seven executive and senior vice presidents. These agreements also include a) an incentive program, b) a stock option plan, c) a one-year non-compete agreement upon termination and a severance payment equal to one year of compensation. The total estimated aggregate salary commitment is approximately $2.0 million. The Company has an agreement with a data processor which expires in 2023 to provide certain item processing, electronic banking, and general ledger processing services. Components of this contract vary based on transaction and account volume, including a base monthly charge of approximately $102,000 and certain termination fees. At December 31, 2015, the Company has a contract with a construction company for $7.6 million to construct a new regional office building in Charleston, South Carolina. In addition, the Company occupied land and banking office space under leases expiring on various dates through 2028. The estimated future minimum lease payments under these noncancelable operating leases are summarized as follows: (dollars in thousands) For the years ended December 31, 2016 $ 1,026 2017 984 2018 995 2019 1,004 2020 1,019 Thereafter 1,847 $ 6,875 Lease expense for the years ended December 31, 2015, 2014, and 2013, totaled $954,000, $811,000, and $800,000, respectively. The Company may be subject to litigation and claims in the normal course of business. As of December 31, 2015, management believes there is no material litigation pending.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Income Taxes	NOTE 14 – Income Taxes The components of income tax expense were as follows: For the years ended December 31, (dollars in thousands) 2015 2014 2013 Current income taxes: Federal $ 6,184 4,238 2,747 State 441 297 129 Total current tax expense 6,625 4,535 2,876 Deferred income tax benefit (1,256 ) (1,422 ) (460 ) Income tax expense $ 5,369 3,113 2,416 The following is a summary of the items that caused recorded income taxes to differ from taxes computed using the statutory tax rate: For the years ended December 31, (dollars in thousands) 2015 2014 2013 Tax expense at statutory rate $ 5,438 3,311 2,562 Effect of state income taxes 287 196 85 Exempt income (151 ) (170 ) (199 ) Other (205 ) (224 ) (32 ) Income tax expense $ 5,369 3,113 2,416 The components of the deferred tax assets and liabilities are as follows: December 31, (dollars in thousands) 2015 2014 Deferred tax assets: Allowance for loan losses $ 4,770 3,996 Unrealized loss on securities available for sale 2 - Net deferred loan fees 597 599 Interest on nonaccrual loans 829 957 Deferred compensation 1,323 953 Sale of real estate owned 531 198 Accrued expenses 166 10 Other 440 269 8,658 6,982 Deferred tax liabilities: Property and equipment 1,530 1,191 Unrealized gain on securities available for sale - 156 Other 205 126 1,735 1,473 Net deferred tax asset $ 6,923 5,509 The Company has analyzed the tax positions taken or expected to be taken in its tax returns and concluded it has no liability related to uncertain tax positions.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 15 – Related Party Transactions Certain directors, executive officers, and companies with which they are affiliated, are clients of and have banking transactions with the Company in the ordinary course of business. These loans were made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions with persons not related to the lender. A summary of loan transactions with directors, including their affiliates and executive officers is as follows: For the years ended December 31, (dollars in thousands) 2015 2014 Balance, beginning of year $ 20,587 23,522 New loans 2,298 10,097 Less loan payments (9,817 ) (13,032 ) Balance, end of year $ 13,068 20,587 Deposits by officers and directors and their related interests at December 31, 2015 and 2014, were $5.1 million and $4.9 million, respectively. The Company has a land lease with a director on the property for a branch office, with monthly payments of $5,388. In addition, the Company periodically enters into various consulting agreements with the director for development, administration and advisory services related to the purchase of property and construction of current and future branch office sites. Also, the Company contracts with the director on an annual basis to provide property management services for its four offices in the Greenville market. The Company paid the director approximately $31,000, $32,000, and $30,000 for these services during 2015, 2014, and 2013, respectively. The Company also purchases various signage for its retail offices from a local vendor for which one of the Company’s directors acted as chairman of the board. The Company paid approximately $24,000, $41,000 and $166,000 to the vendor for the years ended December 31, 2015, 2014, and 2013, respectively. The Company is of the opinion that the lease payments, consulting fees, and signage costs represent market costs that could have been obtained in similar “arms length” transactions.

Financial Instruments With Off-

Financial Instruments With Off-Balance Sheet Risk	12 Months Ended
	Dec. 31, 2015
Financial Instruments With Off-Balance Sheet Risk [Abstract]
Financial Instruments With Off-Balance Sheet Risk	NOTE 16 – Financial Instruments With Off-Balance Sheet Risk In the ordinary course of business, and to meet the financing needs of its clients, the Company is a party to various financial instruments with off-balance sheet risk. These financial instruments, which include commitments to extend credit and standby letters of credit, involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the balance sheets. The contract amount of those instruments reflects the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amounts of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Commitments to extend credit are agreements to lend to a client as long as there is no violation of any material condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require the payment of a fee. At December 31, 2015, unfunded commitments to extend credit were approximately $194.7 million, of which $61.8 million is at fixed rates and $133.0 million is at variable rates. At December 31, 2014, unfunded commitments to extend credit were approximately $167.3 million, of which $52.2 million is at fixed rates and $115.1 million is at variable rates. The Company evaluates each client’s credit-worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the borrower. Collateral varies but may include accounts receivable, inventory, property, plant and equipment, and commercial and residential real estate. At December 31, 2015 and 2014, there was a $4.3 million and $2.6 million, respectively, commitment under letters of credit. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to clients. Collateral varies but may include accounts receivable, inventory, equipment, marketable securities and property. Since most of the letters of credit are expected to expire without being drawn upon, they do not necessarily represent future cash requirements. The fair value of off balance sheet lending commitments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties credit standing. The total fair value of such instruments is not material.

Employee Benefit Plan

Employee Benefit Plan	12 Months Ended
	Dec. 31, 2015
Employee Benefit Plan [Abstract]
Employee Benefit Plan	NOTE 17 – 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 Plan was amended in 2006 to provide a Roth 401(k) feature to the Plan. 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, 2015, 2014, and 2013 amounted to $326,000, $263,000, and $235,000, respectively. The Company also provides a nonqualified deferred compensation plan for 16 executive officers in the form of a Supplemental Executive Retirement Plan (“SERP”). The SERP provides retirement income for these officers. As of December 31, 2015 and 2014, the Company had an accrued benefit obligation of $3.8 million and $2.8 million, respectively. The Company incurred expenses related to this plan of $978,000, $352,000, and $753,000 in 2015, 2014, and 2013, respectively.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	NOTE 18 – Stock-Based Compensation Compensation cost is recognized for stock options and restricted stock awards issued to employees and non-employee directors. Compensation cost is measured as the fair value of these awards on their date of grant. A Black-Scholes model is utilized to estimate the fair value of stock options, while the market price of the Company’s common stock at the date of grant is used as the fair value of restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period for stock option and restricted stock awards. The Company’s 2000 and 2010 stock incentive programs are long-term retention programs intended to attract, retain, and provide incentives for key employees and non-employee directors in the form of incentive and non-qualified stock options and restricted stock. Stock-based compensation expense was recorded as follows: For the years ended December 31, (dollars in thousands) 2015 2014 2013 Stock option expense $ 556 430 427 Restricted stock grant expense 203 199 88 Total stock-based compensation expense $ 759 629 515 Stock Options On March 21, 2000, the Company adopted a stock option plan under which the board of directors could grant up to 436,424 options at an option price per share not less than the fair market value on the date of grant. The options expire 10 years from the grant date, but expired or forfeited options may be reissued. Under the terms of the 2000 stock option plan any awards remaining and granted after March 2010 are accounted for as non-qualified stock options. As of January 2011, all available options under the 2000 stock option plan had been granted. On May 18, 2010, the Company adopted the 2010 Incentive Plan, making available for issuance 366,025 stock options (adjusted for the 10% stock dividends in 2013, 2012, and 2011). The options may be exercised at an option price per share based on the fair market value and determined on the date of grant and expire 10 years from the grant date. On May 20, 2014, the Company amended the 2010 Incentive Plan to add an additional 200,000 shares of common stock to be issuable as stock options, for a total of 566,025 shares. A summary of the status of the stock option plan and changes for the period is presented below: For the years ended December 31, 2015 2014 2013 Weighted Weighted Weighted Weighted Average Weighted Average Weighted Average average Remaining average Remaining average Remaining exercise Contractual exercise Contractual exercise Contractual Shares price Life Shares price Life Shares price Life Outstanding at beginning of year 659,979 $ 7.75 617,181 $ 7.05 556,474 $ 6.72 Granted 93,511 17.15 82,550 13.44 90,300 9.05 Exercised (67,036 ) 9.36 (39,752 ) 8.94 (28,596 ) 6.49 Forfeited or expired - - - - (997 ) 6.49 Outstanding at end of year 686,454 $ 8.88 6.0 years 659,979 $ 7.75 6.2 years 617,181 $ 7.05 6.5 years Options exercisable at year-end 456,020 $ 6.71 4.9 years 432,055 $ 6.74 5.2 years 346,509 $ 7.05 5.5 years Weighted average fair value of options granted during the year $ 9.09 $ 7.15 $ 5.48 Shares available for grant 178,688 262,237 140,525 The aggregate intrinsic value (the difference between the Company’s closing stock price on the last trading day of the year and the exercise price, multiplied by the number of in-the-money options) of 686,454 and 659,979 stock options outstanding at December 31, 2015 and 2014 was $9.5 million and $6.1 million, respectively. The aggregate intrinsic value of 456,020 and 432,055 stock options exercisable at December 31, 2015 and 2014 was $7.3 million and $4.4 million, respectively. The fair value of the option grant is estimated on the date of grant using the Black-Scholes option-pricing model. The following assumptions were used for grants: 2015 2014 2013 Dividend yield - - - Expected life 7 years 7 years 10 years Expected volatility 51.24% 49.90% 43.74% Risk-free interest rate 1.63% 2.29% 1.78% At December 31, 2015, there was $1.1 million of total unrecognized compensation cost related to nonvested stock option grants. The cost is expected to be recognized over a weighted-average period of 2.6 years. The fair value of stock option grants that vested during 2015, 2014, and 2013 was $4.38, $3.30 and $2.81, respectively. Restricted Stock Grants In 2006, the Company adopted a restricted stock plan for the benefit of the directors, officers and employees. Under the restricted stock plan, 13,310 shares of restricted stock (adjusted for the stock dividends in 2011 and 2012) were authorized for issuance. As of December 31, 2012 all shares of restricted stock, authorized under the plan had been granted. In May 2010, the Company adopted the 2010 Incentive Plan which included a provision for the issuance of 79,860 shares of restricted stock (adjusted for all subsequent stock dividends). On May 19, 2015, the Company amended the 2010 Incentive Plan to add an additional 25,000 shares of common stock to be issuable as restricted stock grants, for a total of 104,860 shares. As of December 31, 2015, there were 36,049 shares of restricted stock available for grant. Shares of restricted stock granted to employees under the stock plans are subject to restrictions as to continuous employment for a specified time period following the date of grant. During this period, the holder is entitled to full voting rights and dividends. A summary of the status of the Company’s nonvested restricted stock and changes for the years ended December 31, 2015, 2014, and 2013 is as follows: December 31, 2015 2014 2013 Weighted Weighted Weighted Average Average Average Restricted Grant-Date Restricted Grant-Date Restricted Grant-Date Shares Fair Value Shares Fair Value Shares Fair Value Nonvested at beginning of year 50,994 $ 11.37 64,650 $ 10.92 28,119 $ 6.76 Granted 3,000 20.65 4,500 14.15 43,750 12.91 Vested (19,285 ) 10.68 (18,156 ) 10.46 (7,219 ) 6.76 Forfeited - - - - - - Nonvested at end of year 34,709 $ 12.56 50,994 $ 11.37 64,650 $ 10.92 At December 31, 2015, there was $360,000 of total unrecognized compensation cost related to nonvested restricted stock grants. The cost is expected to be recognized over a weighted-average period of 2.1 years.

Preferred and Common Stock

Preferred and Common Stock	12 Months Ended
	Dec. 31, 2015
Preferred and Common Stock [Abstract]
Preferred and Common Stock	NOTE 19 – Preferred and Common Stock On February 27, 2009, as part of the Capital Purchase Program (“CPP”), the Company sold 17,299 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series T (the “Series T Preferred Stock”) and a warrant to purchase 399,970.34 shares of the Company’s common stock (the “Warrant”) to the U.S. Department of the Treasury (the “Treasury”) for an aggregate purchase price of $17.3 million in cash. The Series T Preferred Stock qualified as Tier 1 capital and was entitled to cumulative dividends at a rate of 5% per annum for the first five years and 9% per annum thereafter, beginning on February 27, 2014. The Warrant had a 10-year term and was immediately exercisable upon its issuance, with an exercise price, subject to anti-dilution adjustments equal to $6.487 per share of the common stock. On June 28, 2012, the Treasury sold its Series T Preferred Stock through a public offering structured as a modified Dutch auction. The Company was successful in repurchasing 1,000 shares of the 17,299 shares of Series T Preferred Stock outstanding through the auction process, and the remaining 16,299 shares of Series T Preferred Stock held by the Treasury were sold to unrelated third-parties through the auction process. Included in the September 30, 2012 operating results are approximately $130,000 of costs incurred by the Company related to the offering. These costs are not tax-deductible. The net balance sheet impact was a reduction to shareholders’ equity of $904,000 which is comprised of a decrease in Series T Preferred Stock of $1.0 million and a $96,000 increase to retained earnings related to the discount on the shares repurchased. On July 25, 2012, the Company completed its repurchase of the Warrant from the Treasury for a mutually agreed upon price of $1.1 million. The difference between the fair value of the Warrant, as originally recorded, and the $1.1 million repurchase price was $343,000 which resulted in a decrease to additional paid in capital. The Company also recorded the remaining accretion of $180,000 on the Series T Preferred Stock which brought the Preferred Stock to its par value. Following the settlement of the Warrant on July 25, 2012, the Treasury completely eliminated its equity stake in the Company through the CPP. On January 3, 2013 and April 1, 2013, the Company redeemed 1,000 shares of the Series T Preferred Stock from three of the third-party investors who bought shares in the Dutch auction at a redemption price of $1,000 per share, or par, for a total of $1.0 million. On January 27, 2014, the Company issued a total of 475,000 shares of its common stock at $13.00 per share in a private placement offering. Immediately following the consummation of the private placement, the Company redeemed 4,057 shares of the Series T Preferred Stock from two of the third-party investors who bought shares in the Dutch auction at a redemption price of $1,000 per share, or par, using the proceeds from the private placement. On November 12, 2014, the Company issued 1,380,000 shares of its common stock at $14.40 per share at a public offering, including 180,000 shares which were sold to the underwriter pursuant to an option to purchase additional shares to cover any over-allotments. The net proceeds from the offering totaled approximately $18.4 million, after deducting the underwriting discount as well as estimated offering expenses payable by the Company. Using proceeds from the public offering, on December 12, 2014, the Company completed the repurchase of the remaining 11,242 shares of Series T preferred stock outstanding at $1,000 par value from third party investors who bought the shares in the Dutch auction. As of December 31, 2014, the Company has no shares of preferred stock outstanding.

Dividends

Dividends	12 Months Ended
	Dec. 31, 2015
Dividends [Abstract]
Dividends	NOTE 20 – Dividends The ability of the Company to pay cash dividends is dependent upon receiving cash in the form of dividends from the Bank. The dividends that may be paid by the Bank to the Company are subject to legal limitations and regulatory capital requirements. Also, the payment of cash dividends on the Company's common stock by the Company in the future will be subject to certain other legal and regulatory limitations (including the requirement that the Company’s capital be maintained at certain minimum levels) and will be subject to ongoing review by banking regulators. The Federal Reserve has issued a policy statement regarding the payment of dividends by bank holding companies. In general, the Federal Reserve’s policies provide that dividends should be paid only out of current earnings and only if the prospective rate of earnings retention by the bank holding company appears consistent with the organization’s capital needs, asset quality and overall financial condition.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2015
Regulatory Matters [Abstract]
Regulatory Matters	NOTE 21 – Regulatory Matters The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possible additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company and Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Company and Bank to maintain minimum amounts and ratios (set forth in the table below) of Total and Tier 1 capital to risk-weighted assets, and of Tier 1 capital to average assets. Total capital includes Tier 1 and Tier 2 capital. Tier 2 capital consists of the allowance for loan losses subject to certain limitations. Management believes, as of December 31, 2015, that the Company and Bank exceed all well capitalized requirements to which they are subject. In July 2013, the FDIC approved a final rule to implement the Basel III regulatory capital reforms among other changes required by the Dodd-Frank Act. The framework requires banking organizations to hold more and higher quality capital, which acts as a financial cushion to absorb losses, taking into account the impact of risk. The approved rule includes a new minimum ratio of common equity Tier 1 (“CET1”) capital to risk-weighted assets of 4.5% as well as a CET1 capital conservation buffer of 2.5% of risk-weighted assets. The rule also raised the minimum ratio of Tier 1 capital to risk-weighted assets from 4% to 6% and includes a minimum leverage ratio of 4% for all banking institutions. For the largest, most internationally active banking organizations, the rule includes a new minimum supplementary leverage ratio that takes into account off-balance sheet exposures. In terms of quality of capital, the final rule emphasized common equity Tier 1 capital and implemented strict eligibility criteria for regulatory capital instruments. It also changed the methodology for calculating risk-weighted assets to enhance risk sensitivity. The changes began to take effect for the Bank in January 2015. The following table summarizes the capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements at December 31, 2015 and 2014. To be well capitalized For capital under prompt adequacy purposes corrective action Actual minimum provisions minimum (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015 The Bank Total Capital (to risk weighted assets) $ 116,992 11.67% 80,166 8.00% 100,208 10.00% Tier 1 Capital (to risk weighted assets) 104,452 10.42% 60,125 6.00% 80,166 8.00% Common Equity Tier 1 Capital (to risk weighted assets) 104,452 10.42% 45,094 4.50% 65,135 6.50% Tier 1 Capital (to average assets) 104,452 8.57% 48,753 4.00% 60,941 5.00% The Company Total Capital (to risk weighted assets) 119,783 11.95% 80,166 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 107,243 10.70% 60,125 6.00% n/a n/a Common Equity Tier 1 Capital (to risk weighted assets) 94,243 9.40% 45,094 4.50% n/a n/a Tier 1 Capital (to average assets) 107,243 8.78% 48,876 4.00% n/a n/a As of December 31, 2014 The Bank Total Capital (to risk weighted assets) $ 101,716 11.96% 68,024 8.00% 85,030 10.00% Tier 1 Capital (to risk weighted assets) 91,073 10.71% 34,012 4.00% 51,018 6.00% Tier 1 Capital (to average assets) 91,073 9.08% 40,131 4.00% 50,164 5.00% The Company Total Capital (to risk weighted assets) 106,333 12.51% 68,024 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 95,690 11.25% 34,012 4.00% n/a n/a Tier 1 Capital (to average assets) 95,690 9.52% 40,223 4.00% n/a n/a

Parent Company Financial Inform

Parent Company Financial Information	12 Months Ended
	Dec. 31, 2015
Parent Company Financial Information [Abstract]
Parent Company Financial Information	NOTE 22 – Parent Company Financial Information Following is condensed financial information of Southern First Bancshares, Inc. (parent company only): Condensed Balance Sheets December 31, (dollars in thousands) 2015 2014 Assets Cash and cash equivalents $ 442 2,459 Investment in subsidiaries 104,851 91,778 Other assets 2,355 2,163 Total assets $ 107,648 96,400 Liabilities and Shareholders’ Equity Accounts payable and accrued expenses $ 5 5 Other borrowings - - Junior subordinated debentures 13,403 13,403 Shareholders’ equity 94,240 82,992 Total liabilities and shareholders’ equity $ 107,648 96,400 Condensed Statements of Income For the years ended December 31, 2015 2014 2013 Revenues Interest income $ 4 6 - Total revenue - - - Expenses Interest expense 349 420 416 Other expenses 829 630 514 Total expenses 1,178 1,050 930 Income tax benefit 212 234 316 Loss before equity in undistributed net income of subsidiaries (962 ) (810 ) (614 ) Equity in undistributed net income of subsidiaries 11,129 7,435 5,734 Net income $ 10,167 6,625 5,120 Condensed Statements of Cash Flows For the years ended December 31, 2015 2014 2013 Operating activities Net income $ 10,167 6,625 5,120 Adjustments to reconcile net income to net cash used for operating activities Equity in undistributed net income of subsidiaries (11,129 ) (7,435 ) (5,734 ) Compensation expense related to stock options and restricted stock grants 759 629 515 Increase in other assets (192 ) (287 ) (298 ) Decrease in accounts payable and accrued expenses - (11 ) (1 ) Net cash used for operating activities (395 ) (479 ) (398 ) Investing activities Investment in subsidiaries, net (2,250 ) (4,100 ) 1,900 Net cash provided by (used for) investing activities (2,250 ) (4,100 ) 1,900 Financing activities Decrease in note payable - (1,400 ) - Cash dividend on preferred stock - (1,010 ) (778 ) Redemption of preferred stock - (15,299 ) (980 ) Issuance of common stock - 24,376 - Cash in lieu of fractional shares - - (9 ) Proceeds from the exercise of stock options and warrants 628 356 198 Net cash provided by (used for) financing activities 628 7,023 (1,569 ) Net increase (decrease) in cash and cash equivalents (2,017 ) 2,444 (67 ) Cash and cash equivalents, beginning of year 2,459 15 82 Cash and cash equivalents, end of year $ 442 2,459 15

Selected Condensed Quarterly Fi

Selected Condensed Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Selected Condensed Quarterly Financial Data (Unaudited) [Abstract]
Selected Condensed Quarterly Financial Data (Unaudited)	NOTE 23 – Selected Condensed Quarterly Financial Data (Unaudited) 2015 For the quarters ended (dollars in thousands, except share data) March 31 June 30 September 30 December 31 Interest income $ 10,801 11,316 11,766 12,147 Interest expense 1,731 1,825 1,928 2,016 Net interest income 9,070 9,491 9,838 10,131 Provision for loan losses 625 1,000 875 700 Noninterest income 2,141 2,115 2,124 2,036 Noninterest expenses 7,461 6,646 6,871 7,231 Income before income tax expense 3,125 3,960 4,216 4,236 Income tax expense 1,097 1,400 1,489 1,383 Net income available to common shareholders $ 2,028 2,560 2,727 2,853 Earnings per common share Basic $ 0.33 0.41 0.44 0.46 Diluted $ 0.31 0.39 0.41 0.43 Weighted average common shares outstanding Basic 6,189,477 6,187,720 6,205,877 6,234,490 Diluted 6,514,873 6,533,658 6,579,448 6,613,685 2014 For the quarters ended March 31 June 30 September 30 December 31 Interest income $ 9,344 9,790 10,253 10,560 Interest expense 1,700 1,720 1,762 1,726 Net interest income 7,644 8,070 8,491 8,834 Provision for loan losses 1,000 950 1,325 900 Noninterest income 969 1,518 1,560 1,733 Noninterest expenses 5,769 6,315 6,066 6,756 Income before income tax expense 1,844 2,323 2,660 2,911 Income tax expense 594 757 834 928 Net income 1,250 1,566 1,826 1,983 Preferred stock dividends 193 253 253 217 Net income available to common shareholders $ 1,057 1,313 1,573 1,766 Earnings per common share Basic $ 0.23 0.28 0.33 0.32 Diluted $ 0.22 0.26 0.31 0.30 Weighted average common shares outstanding Basic 4,672,270 4,825,588 4,829,514 5,586,620 Diluted 4,877,448 5,029,724 5,046,487 5,835,002

Summary of Significant Accoun31

Summary of Significant Accounting Policies and Activities (Policies)	12 Months Ended
	Dec. 31, 2015
Summary of Significant Accounting Policies and Activities [Abstract]
Business activity	Southern First Bancshares, Inc. (the "Company") is a South Carolina corporation that owns all of the capital stock of Southern First Bank (the "Bank") and all of the stock of Greenville First Statutory Trust I and II (collectively, the "Trusts"). The Trusts are special purpose non-consolidated entities organized for the sole purpose of issuing trust preferred securities. The Bank's primary federal regulator is the Federal Deposit Insurance Corporation (the "FDIC"). The Bank is also regulated and examined by the South Carolina Board of Financial Institutions. The Bank is primarily engaged in the business of accepting demand deposits and savings deposits insured by the FDIC, and providing commercial, consumer and mortgage loans to the general public.
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Southern First Bank. We have no additional reportable operating segments under Accounting Standards Codification (“ASC”) 280 “Segment Reporting.” In consolidation, all significant intercompany transactions have been eliminated. The accounting and reporting policies conform to accounting principles generally accepted in the United States of America. In accordance with guidance issued by the Financial Accounting Standards Board (“FASB”), the operations of the Trusts have not been consolidated in these financial statements.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amount of income and expenses during the reporting periods. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, real estate acquired in settlement of loans, fair value of financial instruments, evaluating other-than-temporary-impairment of investment securities and valuation of deferred tax assets.
Risks and Uncertainties	Risks and Uncertainties In the normal course of its business, the Company encounters two significant types of risks: economic and regulatory. There are three main components of economic risk: interest rate risk, credit risk and market risk. The Company is subject to interest rate risk to the degree that its interest-bearing liabilities mature or reprice at different speeds, or on different bases, than its interest-earning assets. Credit risk is the risk of default within the Company’s loan portfolio that results from borrowers’ inability or unwillingness to make contractually required payments. Market risk reflects changes in the value of collateral underlying loans receivable and the valuation of real estate held by the Company. The Company is subject to the regulations of various governmental agencies. These regulations can and do change significantly from period to period. The Company also undergoes periodic examinations by the regulatory agencies, which may subject it to changes with respect to valuation of assets, amount of required loan loss allowance and operating restrictions resulting from the regulators’ judgments based on information available to them at the time of their examinations. The Bank makes loans to individuals and businesses in the Upstate, Midlands, and Lowcountry regions of South Carolina for various personal and commercial purposes. The Bank’s loan portfolio has a concentration of real estate loans. As of December 31, 2015 and 2014, real estate loans represented 81.4% and 81.1%, respectively, of total loans. However, borrowers’ ability to repay their loans is not dependent upon any specific economic sector.
Subsequent Events	Subsequent Events Subsequent events are events or transactions that occur after the balance sheet date but before financial statements are issued. Recognized subsequent events are events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements. Non-recognized subsequent events are events that provide evidence about conditions that did not exist at the date of the balance sheet but arose after that date. Management performed an evaluation to determine whether there have been any subsequent events since the balance sheet date and determined that no subsequent events occurred requiring accrual or disclosure.
Reclassifications	Reclassifications Certain amounts, previously reported, have been reclassified to state all periods on a comparable basis and had no effect on shareholders’ equity or net income.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks, interest bearing deposits and federal funds sold. Cash and cash equivalents have original maturities of three months or less, and federal funds sold are generally purchased and sold for one-day periods. Accordingly, the carrying value of these instruments is deemed to be a reasonable estimate of fair value. At December 31, 2015 and 2014, included in cash and cash equivalents was $5.0 million on deposit with the Federal Reserve Bank.
Investment Securities	Investment Securities We classify our investment securities as held to maturity securities, trading securities and available for sale securities as applicable. Debt securities are designated as held to maturity if we have the intent and the ability to hold the securities to maturity. Held to maturity securities are carried at amortized cost, adjusted for the amortization of any related premiums or the accretion of any related discounts into interest income using a methodology which approximates a level yield of interest over the estimated remaining period until maturity. Unrealized losses on held to maturity securities, reflecting a decline in value judged by us to be other than temporary, are charged to income in the Consolidated Statements of Income. Debt and equity securities that are purchased and held principally for the purpose of selling in the near term are reported as trading securities. Trading securities are carried at fair value with unrealized holding gains and losses included in earnings. We classify debt and equity securities as available for sale when at the time of purchase we determine that such securities may be sold at a future date or if we do not have the intent or ability to hold such securities to maturity. Securities designated as available for sale are recorded at fair value. Changes in the fair value of debt and equity securities available for sale are included in shareholders’ equity as unrealized gains or losses, net of the related tax effect. Unrealized losses on available for sale securities, reflecting a decline in value judged to be other than temporary, are charged to income in the Consolidated Statements of Income. Realized gains or losses on available for sale securities are computed on the specific identification basis.
Other Investments	Other Investments The Bank, as a member institution, is required to own a stock investment in the Federal Home Loan Bank of Atlanta (“FHLB”). Cash dividends on our FHLB stock are recorded in investment income. Prior to the Bank’s conversion to a state charter on April 1, 2013, the Bank was also required to own stock in the Federal Reserve Bank. These stocks are generally pledged against any borrowings from these institutions. No ready market exists for these stocks and they have no quoted market value. However, redemption of these stocks has historically been at par value. Other investments also include a $403,000 investment in the Trusts.
Loans Held for Sale	Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value. Net unrealized losses, if any, are recorded as a valuation allowance and charged to earnings. Mortgage loans held for sale are generally sold with servicing rights released. Gains and losses on sales of mortgage loans are based on the difference between the selling price and the carrying value of the related loan sold.
Loans	Loans Loans are stated at the principal balance outstanding. Unamortized net loan fees and the allowance for possible loan losses are deducted from total loans on the balance sheets. Interest income is recognized over the term of the loan based on the principal amount outstanding. The net of loan origination fees received and direct costs incurred in the origination of loans is deferred and amortized to interest income over the contractual life of the loans adjusted for actual principal prepayments using a method approximating the interest method.
Nonaccrual and Past Due Loans	Nonaccrual and Past Due Loans Loans are generally placed on nonaccrual status when principal or interest becomes 90 days past due, or when payment in full is not anticipated. When a loan is placed on nonaccrual status, interest accrued but not received is generally reversed against interest income. Cash receipts on nonaccrual loans are not recorded as interest income, but are used to reduce the loan’s principal balance. A nonaccrual loan is generally returned to accrual status and accrual of interest is resumed when payments have been made according to the terms and conditions of the loan for a continuous six month period. Our loans are considered past due when contractually required principal or interest payments have not been made on the due dates.
Nonperforming Assets	Nonperforming Assets Nonperforming assets include real estate acquired through foreclosure or deed taken in lieu of foreclosure, loans on nonaccrual status and loans past due 90 days or more and still accruing interest. Loans are placed on nonaccrual status when, in the opinion of management, the collection of additional interest is uncertain. Thereafter no interest is taken into income until such time as the borrower demonstrates the ability to pay both principal and interest.
Impaired Loans	Impaired Loans Our impaired loans include loans on nonaccrual status and loans modified in a troubled debt restructuring (“TDR”), whether on accrual or nonaccrual status. For loans that are classified as impaired, an allowance is established when the fair value (discounted cash flows, collateral value, or observable market price) of the impaired loan less costs to sell, are lower than the carrying value of that loan. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due, among other factors. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including, without limitation, the length of the delay, the reasons for the delay, the borrower's prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Prior to this change, large groups of smaller balance homogeneous consumer loans were collectively evaluated for impairment, and we did not separately identify individual consumer loans for impairment disclosures.
Loan Charge-off Policy	Loan Charge-off Policy For commercial loans, we generally fully charge off or charge collateralized loans down to net realizable value when management determines the loan to be uncollectible; repayment is deemed to be projected beyond reasonable time frames; the loan has been classified as a loss by either our internal loan review process or our banking regulatory agencies; the client has filed bankruptcy and the loss becomes evident owing to a lack of assets; or the loan is 120 days past due unless both well-secured and in the process of collection. For consumer loans, we generally charge down to net realizable value when the loan is 180 days past due.
Troubled Debt Restructuring (TDRs)	Troubled Debt Restructuring (TDRs) The Company considers a loan to be a TDR when the debtor experiences financial difficulties and the Company provides concessions such that we will not collect all principal and interest in accordance with the original terms of the loan agreement. Concessions can relate to the contractual interest rate, maturity date, or payment structure of the note. As part of our workout plan for individual loan relationships, we may restructure loan terms to assist borrowers facing challenges in the current economic environment. Our policy with respect to accrual of interest on loans restructured in a TDR follows relevant supervisory guidance. That is, if a borrower has demonstrated performance under the previous loan terms and shows capacity to perform under the restructured loan terms; continued accrual of interest at the restructured interest rate is likely. If a borrower was materially delinquent on payments prior to the restructuring, but shows capacity to meet the restructured loan terms, the loan will likely continue as nonaccrual going forward. Lastly, if the borrower does not perform under the restructured terms, the loan is placed on nonaccrual status. We will continue to closely monitor these loans and will cease accruing interest on them if management believes that the borrowers may not continue performing based on the restructured note terms. If, after previously being classified as a TDR, a loan is restructured a second time and the borrower continues to experience financial difficulties, then that loan is automatically placed on nonaccrual status. Our policy with respect to nonperforming loans requires the borrower to make a minimum of six consecutive payments of principal and interest in accordance with the loan terms before that loan can be placed back on accrual status. Further, the borrower must show capacity to continue performing into the future prior to restoration of accrual status. In addition, our policy, in accordance with supervisory guidance, also provides for a loan to be removed from TDR status if the loan is modified or renewed at terms consistent with current market rates and the loan has been performing under modified terms for an extended period of time or under certain circumstances. In the determination of the allowance for loan losses, management considers TDRs on commercial and consumer loans and subsequent defaults in these restructurings by measuring impairment, on a loan by loan basis, based on either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral, less costs to sell, if the loan is collateral dependent.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is management’s estimate of credit losses inherent in the loan portfolio. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. We have an established process to determine the adequacy of the allowance for loan losses that assesses the losses inherent in our portfolio. While we attribute portions of the allowance to specific portfolio segments, the entire allowance is available to absorb credit losses inherent in the total loan portfolio. Our process involves procedures to appropriately consider the unique risk characteristics of our commercial and consumer loan portfolio segments. For each portfolio segment, impairment is measured individually for each impaired loan. Our allowance levels are influenced by loan volume, loan grade or delinquency status, historic loss experience and other economic conditions. See Note 3 to the Consolidated Financial Statements for additional information on the allowance for loan losses.
Other Real Estate Owned	Other Real Estate Owned Real estate acquired through foreclosure is initially recorded at the lower of cost or estimated fair value. Subsequent to the date of acquisition, it is carried at the lower of cost or fair value, adjusted for net selling costs. Fair values of real estate owned are reviewed regularly and write-downs are recorded when it is determined that the carrying value of real estate exceeds the fair value less estimated costs to sell. Costs relating to the development and improvement of such property are capitalized, whereas those costs relating to holding the property are expensed.
Property and Equipment	Property and Equipment Property and equipment are stated at cost. Major repairs are charged to operations, while major improvements are capitalized. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Upon retirement, sale, or other disposition of property and equipment, the cost and accumulated depreciation are eliminated from the accounts, and gain or loss is included in income from operations. Construction in progress is stated at cost, which includes the cost of construction and other direct costs attributable to the construction. No provision for depreciation is made on construction in progress until such time as the relevant assets are completed and put into use.
Bank Owned Life Insurance Policies	Bank Owned Life Insurance Policies Bank owned life insurance policies represent the cash value of policies on certain officers of the Company.
Securities Sold Under Agreements to Repurchase	Securities Sold Under Agreements to Repurchase The Bank enters into sales of securities under agreements to repurchase (reverse repurchase agreements). Repurchase agreements are treated as financing, with the obligation to repurchase securities sold being reflected as a liability and the securities underlying the agreements remaining as assets in the Consolidated Balance Sheets.
Comprehensive income	Comprehensive Income Comprehensive income (loss) consists of net income and net unrealized gains (losses) on securities and is presented in the statements of shareholders’ equity and comprehensive income. The statement requires only additional disclosures in the consolidated financial statements; it does not affect our results of operations.
Income Taxes	Income Taxes The financial statements have been prepared on the accrual basis. When income and expenses are recognized in different periods for financial reporting purposes versus for the purposes of computing income taxes currently payable, deferred taxes are provided on such temporary differences. Deferred tax assets and liabilities are recognized for the expected future tax consequences of events that have been recognized in the consolidated financial statements or tax returns. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be realized or settled. The Company believes that its income tax filing positions taken or expected to be taken on its tax returns will more likely than not be sustained upon audit by the taxing authorities and does not anticipate any adjustments that will result in a material adverse impact on the Company’s financial condition, results of operations, or cash flow. Therefore, no reserves for uncertain income tax positions have been recorded. The Company’s federal and state income tax returns are open and subject to examination from the 2012 tax return year and forward.
Stock-Based Compensation	Stock-Based Compensation The Company has a stock-based employee compensation plan. Compensation cost is recognized for all stock options granted and for any outstanding unvested awards as if the fair value method had been applied to those awards as of the date of grant.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements The following is a summary of recent authoritative pronouncements that could impact the accounting, reporting, and/or disclosure of financial information by the Company. In January 2014, the Financial Accounting Standards Board (“FASB”) amended Receivables topic of the Accounting Standards Codification (the “ASC”). The amendments are intended to resolve diversity in practice with respect to when a creditor should reclassify a collateralized consumer mortgage loan to other real estate owned. In addition, the amendments require a creditor to reclassify a collateralized consumer mortgage loan to other real estate owned upon obtaining legal title to the real estate collateral, or the borrower voluntarily conveying all interest in the real estate property to the lender to satisfy the loan through a deed in lieu of foreclosure or similar legal agreement. The amendments became effective for the Company for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. In implementing this guidance, assets that are reclassified from real estate to loans are measured at the carrying value of the real estate at the date of adoption. Assets reclassified from loans to real estate are measured at the lower of the net amount of the loan receivable or the fair value of the real estate less costs to sell at the date of adoption. After December 15, 2014, the Company applied the amendments prospectively, and these amendments did not have a material effect on its financial statements. In May 2014, the FASB issued guidance to change the recognition of revenue from contracts with customers. The core principle of the guidance is that an entity should recognize revenue to reflect the transfer of goods and services to customers in an amount equal to the consideration the entity receives or expects to receive. In August 2015, the FASB deferred the effective date of ASU 2014-09, Revenue from Contracts with Customers. As a result of the deferral, the guidance in ASU 2014-09 will be effective for the Company for reporting periods beginning after December 15, 2017. The Company does not expect these amendments to have a material effect on its financial statements. In June 2014, the FASB issued guidance which makes limited amendments to the guidance on accounting for certain repurchase agreements. The new guidance (1) requires entities to account for repurchase-to-maturity transactions as secured borrowings (rather than as sales with forward repurchase agreements), (2) eliminates accounting guidance on linked repurchase financing transactions, and (3) expands disclosure requirements related to certain transfers of financial assets that are accounted for as sales and certain transfers (specifically, repos, securities lending transactions, and repurchase-to-maturity transactions) accounted for as secured borrowings. The amendments became effective for the Company for the first interim or annual period beginning after December 15, 2014. These amendments did not have a material effect on the Company’s financial statements. In January 2015, the FASB issued guidance to eliminate from U.S. GAAP the concept of an extraordinary item, which is an event or transaction that is both (1) unusual in nature and (2) infrequently occurring. Under the guidance, an entity will no longer (1) segregate an extraordinary item from the results of ordinary operations; (2) separately present an extraordinary item on its income statement, net of tax, after income from continuing operations; or (3) disclose income taxes and earnings-per-share data applicable to an extraordinary item. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The Company does not expect these amendments to have a material effect on its financial statements. In February 2015, the FASB issued guidance which amends the consolidation requirements and significantly changes the consolidation analysis required under U.S. GAAP. Although the amendments are expected to result in the deconsolidation of many entities, the Company will need to reevaluate all of its previous consolidation conclusions. The amendments will be effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015, with early adoption permitted (including during an interim period), provided that the guidance is applied as of the beginning of the annual period containing the adoption date. The Company does not expect these amendments to have a material effect on its financial statements. In January 2016, the FASB amended the Financial Instruments topic of the ASC to address certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. The amendments will be effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company will apply the guidance by means of a cumulative-effect adjustment to the balance sheet as of the beginning of the fiscal year of adoption. The amendments related to equity securities without readily determinable fair values will be applied prospectively to equity investments that exist as of the date of adoption of the amendments. The Company does not expect these amendments to have a material effect on its financial statements. Other accounting standards that have been issued or proposed by the FASB or other standards-setting bodies are not expected to have a significant impact on the Company’s financial position, results of operations and cash flows.

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2015
Investment Securities [Abstract]
Amortized costs and fair value of investment securities	December 31, 2015 Amortized Gross Unrealized Fair (dollars in thousands) Cost Gains Losses Value Available for sale US government agencies $ 14,711 1 113 14,599 SBA securities 6,410 - 133 6,277 State and political subdivisions 21,771 525 37 22,259 Mortgage-backed securities FHLMC 12,983 4 148 12,839 FNMA 34,008 181 292 33,897 GNMA 62 6 - 68 Total mortgage-backed securities 47,053 191 440 46,804 Total $ 89,945 717 723 89,939 December 31, 2014 Amortized Gross Unrealized Fair Cost Gains Losses Value Available for sale US government agencies $ 8,763 9 215 8,557 SBA securities 5,336 - 182 5,154 State and political subdivisions 16,253 598 51 16,800 Mortgage-backed securities FHLMC 7,284 60 12 7,332 FNMA 16,846 273 30 17,089 GNMA 84 8 - 92 Total mortgage-backed securities 24,214 341 42 24,513 Total $ 54,566 948 490 55,024
Amortized costs and fair values of investment securities available for sale by contractual maturity	December 31, 2015 2014 Amortized Fair Amortized Fair (dollars in thousands) Cost Value Cost Value Available for sale Due within one year $ - - 2,081 2,082 Due after one through five years 4,638 4,613 1,356 1,387 Due after five through ten years 30,605 30,784 10,143 10,583 Due after ten years 54,702 54,542 40,986 40,972 $ 89,945 89,939 54,566 55,024
Summary of gross unrealized losses on investment securities and fair market value of related securities	Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (dollars in thousands) # value losses # value losses # value losses As of December 31, 2015 Available for sale US government agencies 9 $ 12,853 $ 113 - $ - $ - 9 $ 12,853 $ 113 SBA securities - - - 2 4,691 133 2 4,691 133 State and political subdivisions 7 3,125 17 3 1,220 20 10 4,345 37 Mortgage-backed FHLMC 9 12,160 148 - - - 9 12,160 148 FNMA 18 28,708 292 - - - 18 28,708 292 43 $ 56,846 $ 570 5 $ 5,911 $ 153 48 $ 62,757 $ 723 Less than 12 months 12 months or longer Total Fair Unrealized Fair Unrealized Fair Unrealized (dollars in thousands) # value losses # value losses # value losses As of December 31, 2014 Available for sale US government agencies - $ - $ - 2 $ 7,569 $ 215 2 $ 7,569 $ 215 SBA securities - - - 2 5,154 182 2 5,154 182 State and political subdivisions - - - 7 3,488 51 7 3,488 51 Mortgage-backed FHLMC 1 731 1 1 2,472 11 2 3,203 12 FNMA 2 3,676 10 1 2,284 20 3 5,960 30 3 $ 4,407 $ 11 13 $ 20,967 $ 479 16 $ 25,374 $ 490
Other investments	December 31, (dollars in thousands) 2015 2014 Federal Home Loan Bank stock $ 5,005 6,020 Other investments 124 99 Investment in Trust Preferred subsidiaries 403 403 $ 5,532 6,522

Loans and Allowance for Loan 33

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Composition of loan portfolio	December 31, (dollars in thousands) 2015 2014 Commercial Owner occupied $ 236,083 23.5% 191,061 21.9% Non-owner occupied 205,604 20.5% 183,440 21.1% Construction 41,751 4.1% 50,995 5.8% Business 171,743 17.1% 149,986 17.2% Total commercial loans 655,181 65.2% 575,482 66.0% Consumer Residential 174,802 17.4% 146,859 16.9% Home equity 116,563 11.6% 95,629 11.0% Construction 43,318 4.3% 39,226 4.5% Other 15,080 1.5% 14,250 1.6% Total consumer loans 349,763 34.8% 295,964 34.0% Total gross loans, net of deferred fees 1,004,944 100.0% 871,446 100.0% Less – allowance for loan losses (13,629 ) (11,752 ) Total loans, net $ 991,315 859,694
Composition of gross loans by rate type	December 31, (dollars in thousands) 2015 2014 Variable rate loans $ 254,749 227,232 Fixed rate loans 750,195 644,214 $ 1,004,944 871,446
Summary of key information for impaired loans	December 31, 2015 Recorded investment Impaired loans Unpaid with related Related Principal Impaired allowance for allowance for (dollars in thousands) Balance loans loan losses loan losses Commercial Owner occupied RE $ 964 863 863 260 Non-owner occupied RE 9,144 5,792 4,161 1,321 Construction 1,855 1,787 397 31 Business 4,756 3,861 2,936 1,932 Total commercial 16,719 12,303 8,357 3,544 Consumer Real estate 1,121 1,121 805 489 Home equity 260 258 - - Construction - - - - Other 201 201 201 191 Total consumer 1,582 1,580 1,006 680 Total $ 18,301 13,883 9,363 4,224 December 31, 2014 Recorded investment Impaired loans Unpaid with related Related Principal Impaired allowance for allowance for Balance loans loan losses loan losses Commercial Owner occupied RE $ 1,122 1,122 1,060 371 Non-owner occupied RE 5,813 4,522 2,777 801 Construction 5,268 2,726 1,315 324 Business 5,385 4,565 3,528 2,464 Total commercial 17,588 12,935 8,680 3,960 Consumer Real estate 1,620 1,620 1,299 585 Home equity 347 347 347 191 Construction - - - - Other 310 310 310 310 Total consumer 2,277 2,277 1,956 1,086 Total $ 19,865 15,212 10,636 5,046
Average recorded investment and interest income recognized on impaired loans	Year ended December 31, 2015 2014 2013 Average Recognized Average Recognized Average Recognized recorded interest recorded interest recorded interest (dollars in thousands) investment income investment income investment income Commercial Owner occupied RE $ 884 6 1,568 47 1,519 47 Non-owner occupied RE 6,137 128 5,693 104 5,932 261 Construction 1,888 74 1,977 75 2,054 57 Business 4,067 148 4,522 154 4,521 189 Total commercial 12,976 356 13,760 380 14,026 554 Consumer Real estate 1,112 46 2,094 53 1,186 100 Home equity 252 7 251 10 610 8 Construction - - - - - - Other 208 7 282 13 234 9 Total consumer 1,572 60 2,627 76 2,030 117 Total $ 14,548 416 16,387 456 16,056 671
Summary of nonperforming assets	December 31, (dollars in thousands) 2015 2014 Commercial Owner occupied RE $ 704 322 Non-owner occupied RE 4,170 2,344 Construction - 783 Business 779 1,408 Consumer Real estate - 457 Home equity 258 188 Construction - - Other 5 1 Nonaccruing troubled debt restructurings 701 1,147 Total nonaccrual loans, including nonaccruing TDRs 6,617 6,650 Other real estate owned 2,475 3,307 Total nonperforming assets $ 9,092 9,957 Nonperforming assets as a percentage of: Total assets 0.75% 0.97% Gross loans 0.90% 1.14% Total loans over 90 days past due $ 4,547 5,735 Loans over 90 days past due and still accruing - - Accruing TDRs 7,266 8,562
Summary of allowance for loan losses by commercial and consumer portfolio segments	Year ended December 31, 2015 (dollars in thousands) Commercial Consumer Unallocated Total Balance, beginning of period $ 8,216 3,536 - 11,752 Provision 2,554 646 - 3,200 Loan charge-offs (1,237 ) (271 ) - (1,508 ) Loan recoveries 139 46 - 185 Net loan charge-offs (1,098 ) (225 ) - (1,323 ) Balance, end of period $ 9,672 3,957 - 13,629 Year ended December 31, 2014 Commercial Consumer Unallocated Total Balance, beginning of period $ 8,239 1,974 - 10,213 Provision 2,445 1,730 - 4,175 Loan charge-offs (2,714 ) (173 ) - (2,887 ) Loan recoveries 246 5 - 251 Net loan charge-offs (2,468 ) (168 ) - (2,636 ) Balance, end of period $ 8,216 3,536 - 11,752
Allowance for loan losses and recorded investment in loans by impairment methodology	December 31, 2015 Allowance for loan losses Recorded investment in loans (dollars in thousands) Commercial Consumer Total Commercial Consumer Total Individually evaluated $ 3,544 680 4,224 12,303 1,580 13,883 Collectively evaluated 6,128 3,277 9,405 642,878 348,183 991,061 Total $ 9,672 3,957 13,629 655,181 349,763 1,004,944 December 31, 2014 Allowance for loan losses Recorded investment in loans Commercial Consumer Total Commercial Consumer Total Individually evaluated $ 3,960 1,086 5,046 12,935 2,277 15,212 Collectively evaluated 4,256 2,450 6,706 562,547 293,687 856,234 Total $ 8,216 3,536 11,752 575,482 295,964 871,446
Summary of activity related to allowance for loan losses	Year ended December 31, (dollars in thousands) 2015 2014 2013 Balance, beginning of period $ 11,752 10,213 9,091 Provision for loan losses 3,200 4,175 3,475 Loan charge-offs: Commercial Owner occupied RE (48 ) - (390 ) Non-owner occupied RE (258 ) (2,069 ) (249 ) Construction (50 ) - - Business (881 ) (645 ) (1,664 ) Total commercial (1,237 ) (2,714 ) (2,303 ) Consumer Real estate (173 ) (51 ) (22 ) Home equity (93 ) (87 ) (106 ) Construction - - - Other (5 ) (35 ) (47 ) Total consumer (271 ) (173 ) (175 ) Total loan charge-offs (1,508 ) (2,887 ) (2,478 ) Loan recoveries: Commercial Owner occupied RE - - 1 Non-owner occupied RE 10 2 1 Construction - 127 - Business 129 117 115 Total commercial 139 246 117 Consumer Real estate - - - Home equity 46 5 8 Construction - - - Other - - - Total consumer 46 5 8 Total recoveries 185 251 125 Net loan charge-offs (1,323 ) (2,636 ) (2,353 ) Balance, end of period $ 13,629 11,752 10,213
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status	December 31, 2015 Owner Non-owner (dollars in thousands) occupied RE occupied RE Construction Business Total Current $ 235,795 201,381 41,354 170,644 649,174 30-59 days past due - - - 205 205 60-89 days past due 43 1,452 - 18 1,513 Greater than 90 days 245 2,771 397 876 4,289 $ 236,083 205,604 41,751 171,743 655,181 December 31, 2014 Owner Non-owner occupied RE occupied RE Construction Business Total Current $ 190,801 180,577 50,212 148,317 569,907 30-59 days past due - 49 - 35 84 60-89 days past due - 246 - 155 401 Greater than 90 days 260 2,568 783 1,479 5,090 $ 191,061 183,440 50,995 149,986 575,482
Outstanding commercial and consumer loans by risk category	December 31, 2015 Owner Non-owner (dollars in thousands) occupied RE occupied RE Construction Business Total Pass $ 230,460 198,144 39,678 161,920 630,202 Special Mention 3,887 1,574 286 5,511 11,258 Substandard 1,736 5,886 1,787 4,312 13,721 Doubtful - - - - - $ 236,083 205,604 41,751 171,743 655,181 December 31, 2014 Owner Non-owner occupied RE occupied RE Construction Business Total Pass $ 184,158 173,711 48,140 140,432 546,441 Special Mention 5,035 3,376 129 4,715 13,255 Substandard 1,868 6,353 2,726 4,839 15,786 Doubtful - - - - - $ 191,061 183,440 50,995 149,986 575,482
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status	December 31, 2015 (dollars in thousands) Real estate Home equity Construction Other Total Current $ 174,576 116,305 43,258 14,994 349,133 30-59 days past due 187 - 60 86 333 60-89 days past due 39 - - - 39 Greater than 90 days - 258 - - 258 $ 174,802 116,563 43,318 15,080 349,763 December 31, 2014 Real estate Home equity Construction Other Total Current $ 146,362 95,311 39,226 14,247 295,146 30-59 days past due 40 - - - 40 60-89 days past due - 130 - 3 133 Greater than 90 days 457 188 - - 645 $ 146,859 95,629 39,226 14,250 295,964
Outstanding commercial and consumer loans by risk category	December 31, 2015 (dollars in thousands) Real estate Home equity Construction Other Total Pass $ 172,589 112,080 42,319 14,967 341,955 Special Mention 961 3,388 - 45 4,394 Substandard 1,252 1,095 999 68 3,414 Doubtful - - - - - Loss - - - - - $ 174,802 116,563 43,318 15,080 349,763 December 31, 2014 Real estate Home equity Construction Other Total Pass $ 144,070 91,084 39,226 14,013 288,393 Special Mention 953 3,268 - 139 4,360 Substandard 1,836 1,277 - 98 3,211 Doubtful - - - - - Loss - - - - - $ 146,859 95,629 39,226 14,250 295,964

Troubled Debt Restructurings (T

Troubled Debt Restructurings (Tables)	12 Months Ended
	Dec. 31, 2015
Troubled Debt Restructurings [Abstract]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification	For the year ended December 31, 2015 Pre- Post- modification modification Renewals Reduced Converted Maturity Total outstanding outstanding deemed a or deferred to interest date number recorded recorded (dollars in thousands) concession payments only extensions of loans investment Investment Commercial Non-owner occupied RE 1 - - 1 2 $ 112 $ 112 Business 2 - - - 2 420 420 Total loans 3 - - 1 4 $ 532 $ 532 For the year ended December 31, 2014 Pre- Post- modification modification Renewals Reduced Converted Maturity Total outstanding outstanding deemed a or deferred to interest date number recorded recorded (dollars in thousands) concession payments only extensions of loans investment Investment Commercial Non-owner occupied RE - - - 2 2 $ 275 $ 285 Construction 1 - - - 1 1,292 1,412 Business 1 - - 2 3 263 263 Consumer Real estate - - 1 - 1 116 116 Other 2 - - - 2 126 126 Total loans 4 - 1 4 9 $ 2,072 $ 2,202

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property and Equipment [Abstract]
Components of property and equipment	December 31, (dollars in thousands) 2015 2014 Land $ 6,827 4,862 Buildings 14,667 14,714 Leasehold Improvements 2,009 1,650 Furniture and equipment 7,033 6,139 Software 388 385 Construction in process 1,422 30 32,346 27,780 Accumulated depreciation (8,161 ) (6,935 ) Total property and equipment $ 24,185 20,845
Schedule of estimated useful lives of property and equipment	Type of Asset Life in Years Software 3 Furniture and equipment 5 to 7 Leasehold improvements 5 to 15 Buildings 40

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2015
Other Real Estate Owned [Abstract]
Summary of activity of real estate acquired in settlement of loans portion of other real estate owned	For the year ended December 31, (dollars in thousands) 2015 2014 Balance, beginning of year $ 3,307 1,198 Additions 473 3,159 Sales (368 ) (730 ) Write-downs, net (937 ) (320 ) Balance, end of year $ 2,475 3,307

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Detail of the deposit accounts	December 31, (dollars in thousands) 2015 2014 Noninterest bearing $ 189,686 139,902 Interest bearing: NOW accounts 194,835 149,137 Money market accounts 311,167 224,733 Savings 10,806 8,664 Time, less than $100,000 60,153 62,646 Time, $100,000 and over 219,086 203,825 Total deposits $ 985,733 788,907
Scheduled maturities of certificates of deposit	(dollars in thousands) 2016 $ 204,394 2017 49,394 2018 18,704 2019 3,391 2020 and after 3,356 $ 279,239

Federal Home Loan Bank Advanc38

Federal Home Loan Bank Advances and Other Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Federal Home Loan Bank Advances and Other Borrowings [Abstract]
Summary of terms and maturities of advances of FHLB	December 31, (dollars in thousands) 2015 2014 Maturity Amount Rate Amount Rate January 30, 2015 $ - - $ 20,000 0.17 % February 13, 2017 7,500 4.38 % 7,500 4.38 % April 18, 2017 7,000 2.17 % 7,000 2.08 % April 18, 2017 7,500 2.34 % 7,500 2.26 % April 19, 2017 20,000 1.60 % 20,000 1.51 % April 19, 2017 10,000 1.98 % 10,000 1.89 % July 11, 2017 9,000 4.49 % 9,000 4.49 % July 24, 2017 5,000 4.25 % 5,000 4.25 % January 30, 2018 5,000 3.00 % 5,000 2.92 % February 15, 2019 10,000 4.47 % 10,000 4.47 % October 10, 2019 15,000 3.51 % 15,000 3.44 % $ 96,000 3.03 % $ 116,000 2.49 %
Schedule of terms and maturities of structured debt agreements	(dollars in thousands) Maturity Amount Rate September 18, 2017 $ 10,000 3.63 % December 17, 2017 2,000 3.65 % March 14, 2018 3,600 2.75 % September 15, 2018 3,600 2.55 % $ 19,200 3.26 %

Fair Value Accounting (Tables)

Fair Value Accounting (Tables)	12 Months Ended
	Dec. 31, 2015
Fair Value Accounting [Abstract]
Schedule of assets and liabilities measured at fair value on recurring basis	December 31, 2015 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Securities available for sale: US government agencies $ - 14,599 - 14,599 SBA securities - 6,277 - 6,277 State and political subdivisions - 22,259 - 22,259 Mortgage-backed securities - 46,804 - 46,804 Total assets measured at fair value on a recurring basis $ - 89,939 - 89,939 December 31, 2014 Level 1 Level 2 Level 3 Total Assets Securities available for sale: US government agencies $ - 8,557 - 8,557 SBA securities - 5,154 - 5,154 State and political subdivisions - 16,800 - 16,800 Mortgage-backed securities - 24,513 - 24,513 Total assets measured at fair value on a recurring basis $ - 55,024 - 55,024
Schedule of assets and liabilities measured at fair value on nonrecurring basis	December 31, 2015 (dollars in thousands) Level 1 Level 2 Level 3 Total Assets Impaired loans $ - 9,102 557 9,659 Other real estate owned - 2,208 267 2,475 Total assets measured at fair value on a nonrecurring basis $ - 11,310 824 12,134 December 31, 2014 Level 1 Level 2 Level 3 Total Assets Impaired loans $ - 9,461 705 10,166 Other real estate owned - 3,040 267 3,307 Total assets measured at fair value on a nonrecurring basis $ - 12,501 972 13,473
Schedule of unobservable inputs used in the fair value measurements	Valuation Technique Significant Unobservable Inputs Range of Inputs Impaired loans Appraised Value/ Discounts to appraisals or cash 0-25% Discounted Cash Flows flows for estimated holding and/or selling costs or age of appraisal Other real estate owned Appraised Value/ Discounts to appraisals for 0-25% Comparable Sales estimated holding or selling costs
Schedule of estimated fair values of the Company's financial instruments	December 31, 2015 (dollars in thousands) Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Cash and cash equivalents $ 62,866 62,866 62,866 - - Other investments, at cost 5,532 5,532 - - 5,532 Loans held for sale 4,943 4,943 - 4,943 - Loans, net 991,315 992,379 - 9,102 983,277 Financial Liabilities: Deposits 985,733 918,303 - 918,303 - FHLB and other borrowings 115,200 117,317 - 117,317 - Junior subordinated debentures 13,403 11,511 - 11,511 - December 31, 2014 Carrying Fair Level 1 Level 2 Level 3 Financial Assets: Cash and cash equivalents $ 41,264 41,264 41,264 - - Other investments, at cost 6,522 6,522 - - 6,522 Loans held for sale 11,765 11,765 - 11,765 - Loans, net 859,694 860,215 - 9,461 850,754 Financial Liabilities: Deposits 788,907 748,497 - 748,497 - FHLB and other borrowings 135,200 144,156 - 144,156 - Junior subordinated debentures 13,403 6,823 - 6,823 -

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Common Share [Abstract]
Schedule of earnings per share calculation	December 31, (dollars in thousands, except share data) 2015 2014 2013 Numerator: Net income $ 10,167 6,625 5,120 Less: Preferred stock dividends - 915 771 Add: Gain on redemption of preferred stock - - 20 Net income available to common shareholders $ 10,167 5,710 4,369 Denominator: Weighted-average common shares outstanding - basic 6,204,518 4,980,595 4,279,992 Common stock equivalents 356,221 218,781 178,926 Weighted-average common shares outstanding - diluted 6,560,739 5,199,376 4,458,918 Earnings per common share: Basic $ 1.64 1.15 1.02 Diluted $ 1.55 1.10 0.98

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies [Abstract]
Summary of estimated future minimum lease payments under noncancelable operating leases	(dollars in thousands) For the years ended December 31, 2016 $ 1,026 2017 984 2018 995 2019 1,004 2020 1,019 Thereafter 1,847 $ 6,875

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Taxes [Abstract]
Summary of components of income tax expense	For the years ended December 31, (dollars in thousands) 2015 2014 2013 Current income taxes: Federal $ 6,184 4,238 2,747 State 441 297 129 Total current tax expense 6,625 4,535 2,876 Deferred income tax benefit (1,256 ) (1,422 ) (460 ) Income tax expense $ 5,369 3,113 2,416
Summary of taxes computed using the statutory tax rate	For the years ended December 31, (dollars in thousands) 2015 2014 2013 Tax expense at statutory rate $ 5,438 3,311 2,562 Effect of state income taxes 287 196 85 Exempt income (151 ) (170 ) (199 ) Other (205 ) (224 ) (32 ) Income tax expense $ 5,369 3,113 2,416
Summary of components of the deferred tax assets and liabilities	December 31, (dollars in thousands) 2015 2014 Deferred tax assets: Allowance for loan losses $ 4,770 3,996 Unrealized loss on securities available for sale 2 - Net deferred loan fees 597 599 Interest on nonaccrual loans 829 957 Deferred compensation 1,323 953 Sale of real estate owned 531 198 Accrued expenses 166 10 Other 440 269 8,658 6,982 Deferred tax liabilities: Property and equipment 1,530 1,191 Unrealized gain on securities available for sale - 156 Other 205 126 1,735 1,473 Net deferred tax asset $ 6,923 5,509

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Summary of loan transactions with directors, including their affiliates and executive officers	For the years ended December 31, (dollars in thousands) 2015 2014 Balance, beginning of year $ 20,587 23,522 New loans 2,298 10,097 Less loan payments (9,817 ) (13,032 ) Balance, end of year $ 13,068 20,587

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Stock-Based Compensation [Abstract]
Schedule of stock-based compensation expense	For the years ended December 31, (dollars in thousands) 2015 2014 2013 Stock option expense $ 556 430 427 Restricted stock grant expense 203 199 88 Total stock-based compensation expense $ 759 629 515
Summary of the status of the stock option plan and changes	For the years ended December 31, 2015 2014 2013 Weighted Weighted Weighted Weighted Average Weighted Average Weighted Average average Remaining average Remaining average Remaining exercise Contractual exercise Contractual exercise Contractual Shares price Life Shares price Life Shares price Life Outstanding at beginning of year 659,979 $ 7.75 617,181 $ 7.05 556,474 $ 6.72 Granted 93,511 17.15 82,550 13.44 90,300 9.05 Exercised (67,036 ) 9.36 (39,752 ) 8.94 (28,596 ) 6.49 Forfeited or expired - - - - (997 ) 6.49 Outstanding at end of year 686,454 $ 8.88 6.0 years 659,979 $ 7.75 6.2 years 617,181 $ 7.05 6.5 years Options exercisable at year-end 456,020 $ 6.71 4.9 years 432,055 $ 6.74 5.2 years 346,509 $ 7.05 5.5 years Weighted average fair value of options granted during the year $ 9.09 $ 7.15 $ 5.48 Shares available for grant 178,688 262,237 140,525
Schedule of assumptions used	2015 2014 2013 Dividend yield - - - Expected life 7 years 7 years 10 years Expected volatility 51.24% 49.90% 43.74% Risk-free interest rate 1.63% 2.29% 1.78%
Summary of the status of the Company's nonvested restricted stock and changes	December 31, 2015 2014 2013 Weighted Weighted Weighted Average Average Average Restricted Grant-Date Restricted Grant-Date Restricted Grant-Date Shares Fair Value Shares Fair Value Shares Fair Value Nonvested at beginning of year 50,994 $ 11.37 64,650 $ 10.92 28,119 $ 6.76 Granted 3,000 20.65 4,500 14.15 43,750 12.91 Vested (19,285 ) 10.68 (18,156 ) 10.46 (7,219 ) 6.76 Forfeited - - - - - - Nonvested at end of year 34,709 $ 12.56 50,994 $ 11.37 64,650 $ 10.92

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2015
Regulatory Matters [Abstract]
Summary of capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements	To be well capitalized For capital under prompt adequacy purposes corrective action Actual minimum provisions minimum (dollars in thousands) Amount Ratio Amount Ratio Amount Ratio As of December 31, 2015 The Bank Total Capital (to risk weighted assets) $ 116,992 11.67% 80,166 8.00% 100,208 10.00% Tier 1 Capital (to risk weighted assets) 104,452 10.42% 60,125 6.00% 80,166 8.00% Common Equity Tier 1 Capital (to risk weighted assets) 104,452 10.42% 45,094 4.50% 65,135 6.50% Tier 1 Capital (to average assets) 104,452 8.57% 48,753 4.00% 60,941 5.00% The Company Total Capital (to risk weighted assets) 119,783 11.95% 80,166 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 107,243 10.70% 60,125 6.00% n/a n/a Common Equity Tier 1 Capital (to risk weighted assets) 94,243 9.40% 45,094 4.50% n/a n/a Tier 1 Capital (to average assets) 107,243 8.78% 48,876 4.00% n/a n/a As of December 31, 2014 The Bank Total Capital (to risk weighted assets) $ 101,716 11.96% 68,024 8.00% 85,030 10.00% Tier 1 Capital (to risk weighted assets) 91,073 10.71% 34,012 4.00% 51,018 6.00% Tier 1 Capital (to average assets) 91,073 9.08% 40,131 4.00% 50,164 5.00% The Company Total Capital (to risk weighted assets) 106,333 12.51% 68,024 8.00% n/a n/a Tier 1 Capital (to risk weighted assets) 95,690 11.25% 34,012 4.00% n/a n/a Tier 1 Capital (to average assets) 95,690 9.52% 40,223 4.00% n/a n/a

Parent Company Financial Info46

Parent Company Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
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) 2015 2014 Assets Cash and cash equivalents $ 442 2,459 Investment in subsidiaries 104,851 91,778 Other assets 2,355 2,163 Total assets $ 107,648 96,400 Liabilities and Shareholders’ Equity Accounts payable and accrued expenses $ 5 5 Other borrowings - - Junior subordinated debentures 13,403 13,403 Shareholders’ equity 94,240 82,992 Total liabilities and shareholders’ equity $ 107,648 96,400 Condensed Statements of Income For the years ended December 31, 2015 2014 2013 Revenues Interest income $ 4 6 - Total revenue - - - Expenses Interest expense 349 420 416 Other expenses 829 630 514 Total expenses 1,178 1,050 930 Income tax benefit 212 234 316 Loss before equity in undistributed net income of subsidiaries (962 ) (810 ) (614 ) Equity in undistributed net income of subsidiaries 11,129 7,435 5,734 Net income $ 10,167 6,625 5,120 Condensed Statements of Cash Flows For the years ended December 31, 2015 2014 2013 Operating activities Net income $ 10,167 6,625 5,120 Adjustments to reconcile net income to net cash used for operating activities Equity in undistributed net income of subsidiaries (11,129 ) (7,435 ) (5,734 ) Compensation expense related to stock options and restricted stock grants 759 629 515 Increase in other assets (192 ) (287 ) (298 ) Decrease in accounts payable and accrued expenses - (11 ) (1 ) Net cash used for operating activities (395 ) (479 ) (398 ) Investing activities Investment in subsidiaries, net (2,250 ) (4,100 ) 1,900 Net cash provided by (used for) investing activities (2,250 ) (4,100 ) 1,900 Financing activities Decrease in note payable - (1,400 ) - Cash dividend on preferred stock - (1,010 ) (778 ) Redemption of preferred stock - (15,299 ) (980 ) Issuance of common stock - 24,376 - Cash in lieu of fractional shares - - (9 ) Proceeds from the exercise of stock options and warrants 628 356 198 Net cash provided by (used for) financing activities 628 7,023 (1,569 ) Net increase (decrease) in cash and cash equivalents (2,017 ) 2,444 (67 ) Cash and cash equivalents, beginning of year 2,459 15 82 Cash and cash equivalents, end of year $ 442 2,459 15

Selected Condensed Quarterly 47

Selected Condensed Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Selected Condensed Quarterly Financial Data (Unaudited) [Abstract]
Summary of selected quarterly financial information	2015 For the quarters ended (dollars in thousands, except share data) March 31 June 30 September 30 December 31 Interest income $ 10,801 11,316 11,766 12,147 Interest expense 1,731 1,825 1,928 2,016 Net interest income 9,070 9,491 9,838 10,131 Provision for loan losses 625 1,000 875 700 Noninterest income 2,141 2,115 2,124 2,036 Noninterest expenses 7,461 6,646 6,871 7,231 Income before income tax expense 3,125 3,960 4,216 4,236 Income tax expense 1,097 1,400 1,489 1,383 Net income available to common shareholders $ 2,028 2,560 2,727 2,853 Earnings per common share Basic $ 0.33 0.41 0.44 0.46 Diluted $ 0.31 0.39 0.41 0.43 Weighted average common shares outstanding Basic 6,189,477 6,187,720 6,205,877 6,234,490 Diluted 6,514,873 6,533,658 6,579,448 6,613,685 2014 For the quarters ended March 31 June 30 September 30 December 31 Interest income $ 9,344 9,790 10,253 10,560 Interest expense 1,700 1,720 1,762 1,726 Net interest income 7,644 8,070 8,491 8,834 Provision for loan losses 1,000 950 1,325 900 Noninterest income 969 1,518 1,560 1,733 Noninterest expenses 5,769 6,315 6,066 6,756 Income before income tax expense 1,844 2,323 2,660 2,911 Income tax expense 594 757 834 928 Net income 1,250 1,566 1,826 1,983 Preferred stock dividends 193 253 253 217 Net income available to common shareholders $ 1,057 1,313 1,573 1,766 Earnings per common share Basic $ 0.23 0.28 0.33 0.32 Diluted $ 0.22 0.26 0.31 0.30 Weighted average common shares outstanding Basic 4,672,270 4,825,588 4,829,514 5,586,620 Diluted 4,877,448 5,029,724 5,046,487 5,835,002

Summary of Significant Accoun48

Summary of Significant Accounting Policies and Activities (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Summary of Significant Accounting Policies and Activities (Textual)
Real estate loan percentage of total loan	81.40%	81.10%
Investment in Trusts	$ 403,000
Cash and cash equivalents	$ 5,000,000	$ 5,000,000

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Available for sale
Total investment securities available for sale, Amortized Cost	$ 89,945	$ 54,566
Total investment securities available for sale, Gross Unrealized Gains	717	948
Total investment securities available for sale, Gross Unrealized Losses	723	490
Available-for-sale securities, investment securities, Fair Value	89,939	55,024
US government agencies [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	14,711	8,763
Total investment securities available for sale, Gross Unrealized Gains	1	9
Total investment securities available for sale, Gross Unrealized Losses	113	215
Available-for-sale securities, investment securities, Fair Value	14,599	8,557
SBA securities [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	$ 6,410	$ 5,336
Total investment securities available for sale, Gross Unrealized Gains
Total investment securities available for sale, Gross Unrealized Losses	$ 133	$ 182
Available-for-sale securities, investment securities, Fair Value	6,277	5,154
States and political subdivisions [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	21,771	16,253
Total investment securities available for sale, Gross Unrealized Gains	525	598
Total investment securities available for sale, Gross Unrealized Losses	37	51
Available-for-sale securities, investment securities, Fair Value	22,259	16,800
Mortgage Backed Securities [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	47,053	24,214
Total investment securities available for sale, Gross Unrealized Gains	191	341
Total investment securities available for sale, Gross Unrealized Losses	440	42
Available-for-sale securities, investment securities, Fair Value	46,804	24,513
Mortgage Backed Securities [Member] | FHLMC [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	12,983	7,284
Total investment securities available for sale, Gross Unrealized Gains	4	60
Total investment securities available for sale, Gross Unrealized Losses	148	12
Available-for-sale securities, investment securities, Fair Value	12,839	7,332
Mortgage Backed Securities [Member] | FNMA [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	34,008	16,846
Total investment securities available for sale, Gross Unrealized Gains	181	273
Total investment securities available for sale, Gross Unrealized Losses	292	30
Available-for-sale securities, investment securities, Fair Value	33,897	17,089
Mortgage Backed Securities [Member] | GNMA [Member]
Available for sale
Total investment securities available for sale, Amortized Cost	62	84
Total investment securities available for sale, Gross Unrealized Gains	$ 6	$ 8
Total investment securities available for sale, Gross Unrealized Losses
Available-for-sale securities, investment securities, Fair Value	$ 68	$ 92

Investment Securities (Details

Investment Securities (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Amortized costs and fair values of investment securities available for sale by contractual maturity
Due within one year, Amortized Cost		$ 2,081
Due within one year, Fair Value		2,082
Due after one through five years, Amortized Cost	$ 4,638	1,356
Due after one through five years, Fair Value	4,613	1,387
Due after five through ten years, Amortized Cost	30,605	10,143
Due after five through ten years, Fair Value	30,784	10,583
Due after ten years, Amortized Cost	54,702	40,986
Due after ten years, Fair Value	54,542	40,972
Available for sale, Amortized Cost	89,945	54,566
Available-for-sale securities, investment securities, Fair Value	$ 89,939	$ 55,024

Investment Securities (Detail51

Investment Securities (Details 2) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Investment	Dec. 31, 2014USD ($)Investment
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investment	43	3
Available-for-sale Securities, Less than 12 months, Fair Value	$ 56,846	$ 4,407
Available-for-sale Securities, Less than 12 Months, Unrealized losses	$ 570	$ 11
Number of investments, 12 months or longer | Investment	5	13
Available-for-sale Securities, 12 months or longer, Fair Value	$ 5,911	$ 20,967
Available-for-sale Securities, 12 Months or Longer, Unrealized losses	$ 153	$ 479
Number of investments, Total | Investment	48	16
Available-for-sale Securities, Fair Value, Total	$ 62,757	$ 25,374
Available-for-sale Securities, Unrealized Losses, Total	$ 723	$ 490
US government agencies [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investment	9
Available-for-sale Securities, Less than 12 months, Fair Value	$ 12,853
Available-for-sale Securities, Less than 12 Months, Unrealized losses	$ 113
Number of investments, 12 months or longer | Investment		2
Available-for-sale Securities, 12 months or longer, Fair Value		$ 7,569
Available-for-sale Securities, 12 Months or Longer, Unrealized losses		$ 215
Number of investments, Total | Investment	9	2
Available-for-sale Securities, Fair Value, Total	$ 12,853	$ 7,569
Available-for-sale Securities, Unrealized Losses, Total	$ 113	$ 215
SBA securities [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investment
Available-for-sale Securities, Less than 12 months, Fair Value
Available-for-sale Securities, Less than 12 Months, Unrealized losses
Number of investments, 12 months or longer | Investment	2	2
Available-for-sale Securities, 12 months or longer, Fair Value	$ 4,691	$ 5,154
Available-for-sale Securities, 12 Months or Longer, Unrealized losses	$ 133	$ 182
Number of investments, Total | Investment	2	2
Available-for-sale Securities, Fair Value, Total	$ 4,691	$ 5,154
Available-for-sale Securities, Unrealized Losses, Total	$ 133	$ 182
States and political subdivisions [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investment	7
Available-for-sale Securities, Less than 12 months, Fair Value	$ 3,125
Available-for-sale Securities, Less than 12 Months, Unrealized losses	$ 17
Number of investments, 12 months or longer | Investment	3	7
Available-for-sale Securities, 12 months or longer, Fair Value	$ 1,220	$ 3,488
Available-for-sale Securities, 12 Months or Longer, Unrealized losses	$ 20	$ 51
Number of investments, Total | Investment	10	7
Available-for-sale Securities, Fair Value, Total	$ 4,345	$ 3,488
Available-for-sale Securities, Unrealized Losses, Total	$ 37	$ 51
Mortgage Backed Securities [Member] | FHLMC [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investment	9	1
Available-for-sale Securities, Less than 12 months, Fair Value	$ 12,160	$ 731
Available-for-sale Securities, Less than 12 Months, Unrealized losses	$ 148	$ 1
Number of investments, 12 months or longer | Investment		1
Available-for-sale Securities, 12 months or longer, Fair Value		$ 2,472
Available-for-sale Securities, 12 Months or Longer, Unrealized losses		$ 11
Number of investments, Total | Investment	9	2
Available-for-sale Securities, Fair Value, Total	$ 12,160	$ 3,203
Available-for-sale Securities, Unrealized Losses, Total	$ 148	$ 12
Mortgage Backed Securities [Member] | FNMA [Member]
Summary of gross unrealized losses on investment securities and fair market value of related securities
Number of investments, Less than 12 months | Investment	18	2
Available-for-sale Securities, Less than 12 months, Fair Value	$ 28,708	$ 3,676
Available-for-sale Securities, Less than 12 Months, Unrealized losses	$ 292	$ 10
Number of investments, 12 months or longer | Investment		1
Available-for-sale Securities, 12 months or longer, Fair Value		$ 2,284
Available-for-sale Securities, 12 Months or Longer, Unrealized losses		$ 20
Number of investments, Total | Investment	18	3
Available-for-sale Securities, Fair Value, Total	$ 28,708	$ 5,960
Available-for-sale Securities, Unrealized Losses, Total	$ 292	$ 30

Investment Securities (Detail52

Investment Securities (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Other investments
Federal Home Loan Bank stock	$ 5,005	$ 6,020
Other investments	124	99
Investment in Trust Preferred subsidiaries	403	403
Total other investments	$ 5,532	$ 6,522

Investment Securities (Detail53

Investment Securities (Details Textual) $ in Thousands	3 Months Ended			12 Months Ended
	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Jun. 30, 2014USD ($)	Dec. 31, 2015USD ($)Investment	Dec. 31, 2014USD ($)Investment
Investment Securities (Textual)
Sale of mortgage-backed securities and state and municipal obligations		$ 5,800	$ 10,400
Number of investments, Less than 12 months | Investment				43	3
Fair market value, less than 12 months				$ 56,800
Number of investments, 12 months or longer | Investment				5	13
Fair market value,12 months or longer				$ 5,900
Securities pledged as collateral for repurchase agreements from brokers				21,300	$ 21,800
Securities pledged to secure client deposit				11,100	12,900
Gain on sale of investment securities	$ 36,000	$ 259,000		$ 297	$ 230
Investment securities sold reinvested	$ 4,300

Loans and Allowance for Loan 54

Loans and Allowance for Loan Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Composition of loan portfolio
Total commercial loans	$ 655,181	$ 575,482
Total consumer loans	349,763	295,964
Total gross loans, net of deferred fees	$ 1,004,944	$ 871,446
Total gross loans, net of deferred fees, (Percentage)	100.00%	100.00%
Less allowance for loan losses	$ (13,629)	$ (11,752)
Total loans, net	991,315	859,694
Commercial [Member]
Composition of loan portfolio
Total commercial loans	$ 655,181	$ 575,482
Total commercial loans, (Percentage)	65.20%	66.00%
Total gross loans, net of deferred fees	$ 655,181	$ 575,482
Commercial [Member] | Owner occupied [Member]
Composition of loan portfolio
Total commercial loans	$ 236,083	$ 191,061
Total commercial loans, (Percentage)	23.50%	21.90%
Commercial [Member] | Non-owner occupied [Member]
Composition of loan portfolio
Total commercial loans	$ 205,604	$ 183,440
Total commercial loans, (Percentage)	20.50%	21.10%
Commercial [Member] | Construction [Member]
Composition of loan portfolio
Total commercial loans	$ 41,751	$ 50,995
Total commercial loans, (Percentage)	4.10%	5.80%
Commercial [Member] | Business [Member]
Composition of loan portfolio
Total commercial loans	$ 171,743	$ 149,986
Total commercial loans, (Percentage)	17.10%	17.20%
Consumer [Member]
Composition of loan portfolio
Total consumer loans	$ 349,763	$ 295,964
Total consumer loans, (Percentage)	34.80%	34.00%
Total gross loans, net of deferred fees	$ 349,763	$ 295,964
Consumer [Member] | Residential [Member]
Composition of loan portfolio
Total consumer loans	$ 174,802	$ 146,859
Total consumer loans, (Percentage)	17.40%	16.90%
Consumer [Member] | Home equity [Member]
Composition of loan portfolio
Total consumer loans	$ 116,563	$ 95,629
Total consumer loans, (Percentage)	11.60%	11.00%
Consumer [Member] | Construction [Member]
Composition of loan portfolio
Total consumer loans	$ 43,318	$ 39,226
Total consumer loans, (Percentage)	4.30%	4.50%
Consumer [Member] | Other [Member]
Composition of loan portfolio
Total consumer loans	$ 15,080	$ 14,250
Total consumer loans, (Percentage)	1.50%	1.60%

Loans and Allowance for Loan 55

Loans and Allowance for Loan Losses (Details 1) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Composition of gross loans by rate type
Variable rate loans	$ 254,749	$ 227,232
Fixed rate loans	750,195	644,214
Total gross loans, net of deferred fees	$ 1,004,944	$ 871,446

Loans and Allowance for Loan 56

Loans and Allowance for Loan Losses (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Total commercial loans	$ 655,181	$ 575,482
Total consumer loans	349,763	295,964
Commercial [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	649,174	569,907
30-59 days past due	205	84
60-89 days past due	1,513	401
Greater than 90 days	4,289	5,090
Total commercial loans	655,181	575,482
Commercial [Member] | Owner occupied RE [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	$ 235,795	$ 190,801
30-59 days past due
60-89 days past due	$ 43
Greater than 90 days	245	$ 260
Total commercial loans	236,083	191,061
Commercial [Member] | Non-owner occupied RE [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	$ 201,381	180,577
30-59 days past due		49
60-89 days past due	$ 1,452	246
Greater than 90 days	2,771	2,568
Total commercial loans	205,604	183,440
Commercial [Member] | Construction [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	$ 41,354	$ 50,212
30-59 days past due
60-89 days past due
Greater than 90 days	$ 397	$ 783
Total commercial loans	41,751	50,995
Commercial [Member] | Business [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	170,644	148,317
30-59 days past due	205	35
60-89 days past due	18	155
Greater than 90 days	876	1,479
Total commercial loans	171,743	149,986
Consumer [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	349,133	295,146
30-59 days past due	333	40
60-89 days past due	39	133
Greater than 90 days	258	645
Total consumer loans	349,763	295,964
Consumer [Member] | Construction [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	43,258	$ 39,226
30-59 days past due	$ 60
60-89 days past due
Greater than 90 days
Total consumer loans	$ 43,318	$ 39,226
Consumer [Member] | Real estate [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	174,576	146,362
30-59 days past due	187	$ 40
60-89 days past due	$ 39
Greater than 90 days		$ 457
Total consumer loans	$ 174,802	146,859
Consumer [Member] | Home equity [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	$ 116,305	$ 95,311
30-59 days past due
60-89 days past due		$ 130
Greater than 90 days	$ 258	188
Total consumer loans	116,563	95,629
Consumer [Member] | Other [Member]
Outstanding commercial and consumer loans which include loans on nonaccrual by past due status
Current	14,994	$ 14,247
30-59 days past due	$ 86
60-89 days past due		$ 3
Greater than 90 days
Total consumer loans	$ 15,080	$ 14,250

Loans and Allowance for Loan 57

Loans and Allowance for Loan Losses (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	$ 655,181	$ 575,482
Outstanding consumer loans	349,763	295,964
Owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	236,083	191,061
Non-owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	205,604	183,440
Real estate [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	174,802	146,859
Home equity [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	116,563	95,629
Construction [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	41,751	50,995
Outstanding consumer loans	43,318	39,226
Business [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	171,743	149,986
Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	15,080	14,250
Pass [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	630,202	546,441
Outstanding consumer loans	341,955	288,393
Pass [Member] | Owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	230,460	184,158
Pass [Member] | Non-owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	198,144	173,711
Pass [Member] | Real estate [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	172,589	144,070
Pass [Member] | Home equity [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	112,080	91,084
Pass [Member] | Construction [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	39,678	48,140
Outstanding consumer loans	42,319	39,226
Pass [Member] | Business [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	161,920	140,432
Pass [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	14,967	14,013
Special Mention [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	11,258	13,255
Outstanding consumer loans	4,394	4,360
Special Mention [Member] | Owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	3,887	5,035
Special Mention [Member] | Non-owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	1,574	3,376
Special Mention [Member] | Real estate [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	961	953
Special Mention [Member] | Home equity [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	3,388	3,268
Special Mention [Member] | Construction [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	$ 286	$ 129
Outstanding consumer loans
Special Mention [Member] | Business [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	$ 5,511	$ 4,715
Special Mention [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	45	139
Substandard [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	13,721	15,786
Outstanding consumer loans	3,414	3,211
Substandard [Member] | Owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	1,736	1,868
Substandard [Member] | Non-owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	5,886	6,353
Substandard [Member] | Real estate [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	1,252	1,836
Substandard [Member] | Home equity [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	1,095	1,277
Substandard [Member] | Construction [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	1,787	$ 2,726
Outstanding consumer loans	999
Substandard [Member] | Business [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans	4,312	$ 4,839
Substandard [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans	$ 68	$ 98
Doubtful [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans
Outstanding consumer loans
Doubtful [Member] | Owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans
Doubtful [Member] | Non-owner occupied RE [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans
Doubtful [Member] | Real estate [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Doubtful [Member] | Home equity [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Doubtful [Member] | Construction [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans
Outstanding consumer loans
Doubtful [Member] | Business [Member]
Outstanding commercial and consumer loans by risk category
Outstanding commercial loans
Doubtful [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Loss [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Loss [Member] | Real estate [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Loss [Member] | Home equity [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Loss [Member] | Construction [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans
Loss [Member] | Other [Member]
Outstanding commercial and consumer loans by risk category
Outstanding consumer loans

Loans and Allowance for Loan 58

Loans and Allowance for Loan Losses (Details 4) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of nonperforming assets
Nonaccruing troubled debt restructurings	$ 701	$ 1,147
Total nonaccrual loans, including nonaccruing TDRs	6,617	6,650
Other real estate owned	2,475	3,307	$ 1,198
Total nonperforming assets	$ 9,092	$ 9,957
Nonperforming assets as a percentage of:
Total assets	0.75%	0.97%
Gross loans	0.90%	1.14%
Total loans over 90 days past due	$ 4,547	$ 5,735
Loans over 90 days past due and still accruing
Accruing TDRs	$ 7,266	$ 8,562
Commercial [Member] | Owner occupied RE [Member]
Summary of nonperforming assets
Total nonaccrual loans, including nonaccruing TDRs	704	322
Commercial [Member] | Non-owner occupied RE [Member]
Summary of nonperforming assets
Total nonaccrual loans, including nonaccruing TDRs	$ 4,170	2,344
Commercial [Member] | Construction [Member]
Summary of nonperforming assets
Total nonaccrual loans, including nonaccruing TDRs		783
Commercial [Member] | Business [Member]
Summary of nonperforming assets
Total nonaccrual loans, including nonaccruing TDRs	$ 779	1,408
Consumer [Member] | Real estate [Member]
Summary of nonperforming assets
Total nonaccrual loans, including nonaccruing TDRs		457
Consumer [Member] | Home equity [Member]
Summary of nonperforming assets
Total nonaccrual loans, including nonaccruing TDRs	$ 258	$ 188
Consumer [Member] | Construction [Member]
Summary of nonperforming assets
Total nonaccrual loans, including nonaccruing TDRs
Consumer [Member] | Other [Member]
Summary of nonperforming assets
Total nonaccrual loans, including nonaccruing TDRs	$ 5	$ 1

Loans and Allowance for Loan 59

Loans and Allowance for Loan Losses (Details 5) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Summary of key information for impaired loans
Unpaid Principal Balance	$ 18,301	$ 19,865
Impaired Loans	13,883	15,212
Impaired loans with related allowance for loan losses	9,363	10,636
Related allowance for loan losses	4,224	5,046
Commercial [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	16,719	17,588
Impaired Loans	12,303	12,935
Impaired loans with related allowance for loan losses	8,357	8,680
Related allowance for loan losses	3,544	3,960
Commercial [Member] | Owner occupied RE [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	964	1,122
Impaired Loans	863	1,122
Impaired loans with related allowance for loan losses	863	1,060
Related allowance for loan losses	260	371
Commercial [Member] | Non-owner occupied RE [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	9,144	5,813
Impaired Loans	5,792	4,522
Impaired loans with related allowance for loan losses	4,161	2,777
Related allowance for loan losses	1,321	801
Commercial [Member] | Construction [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	1,855	5,268
Impaired Loans	1,787	2,726
Impaired loans with related allowance for loan losses	397	1,315
Related allowance for loan losses	31	324
Commercial [Member] | Business [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	4,756	5,385
Impaired Loans	3,861	4,565
Impaired loans with related allowance for loan losses	2,936	3,528
Related allowance for loan losses	1,932	2,464
Consumer [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	1,582	2,277
Impaired Loans	1,580	2,277
Impaired loans with related allowance for loan losses	1,006	1,956
Related allowance for loan losses	680	1,086
Consumer [Member] | Real estate [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	1,121	1,620
Impaired Loans	1,121	1,620
Impaired loans with related allowance for loan losses	805	1,299
Related allowance for loan losses	489	585
Consumer [Member] | Home equity [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	260	347
Impaired Loans	$ 258	347
Impaired loans with related allowance for loan losses		347
Related allowance for loan losses		$ 191
Consumer [Member] | Construction [Member]
Summary of key information for impaired loans
Unpaid Principal Balance
Impaired Loans
Impaired loans with related allowance for loan losses
Related allowance for loan losses
Consumer [Member] | Other [Member]
Summary of key information for impaired loans
Unpaid Principal Balance	$ 201	$ 310
Impaired Loans	201	310
Impaired loans with related allowance for loan losses	201	310
Related allowance for loan losses	$ 191	$ 310

Loans and Allowance for Loan 60

Loans and Allowance for Loan Losses (Details 6) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	$ 14,548	$ 16,387	$ 16,056
Recognized interest income	416	456	671
Commercial [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	12,976	13,760	14,026
Recognized interest income	356	380	554
Commercial [Member] | Owner occupied RE [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	884	1,568	1,519
Recognized interest income	6	47	47
Commercial [Member] | Non-owner occupied RE [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	6,137	5,693	5,932
Recognized interest income	128	104	261
Commercial [Member] | Construction [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	1,888	1,977	2,054
Recognized interest income	74	75	57
Commercial [Member] | Business [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	4,067	4,522	4,521
Recognized interest income	148	154	189
Consumer [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	1,572	2,627	2,030
Recognized interest income	60	76	117
Consumer [Member] | Real estate [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	1,112	2,094	1,186
Recognized interest income	46	53	100
Consumer [Member] | Home equity [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	252	251	610
Recognized interest income	$ 7	$ 10	$ 8
Consumer [Member] | Construction [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment
Recognized interest income
Consumer [Member] | Other [Member]
Average recorded investment and interest income recognized on impaired loans
Average recorded investment	$ 208	$ 282	$ 234
Recognized interest income	$ 7	$ 13	$ 9

Loans and Allowance for Loan 61

Loans and Allowance for Loan Losses (Details 7) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of activity related to our allowance for loan losses
Balance, beginning of period				$ 11,752				$ 10,213	$ 11,752	$ 10,213	$ 9,091
Provision for loan losses	$ 700	$ 875	$ 1,000	625	$ 900	$ 1,325	$ 950	1,000	3,200	4,175	3,475
Loan charge-offs									(1,508)	(2,887)	(2,478)
Loan recoveries									185	251	125
Net loan charge-offs									(1,323)	(2,636)	(2,353)
Balance, end of period	13,629				11,752				13,629	11,752	10,213
Commercial [Member]
Summary of activity related to our allowance for loan losses
Balance, beginning of period				8,216				8,239	8,216	8,239
Loan charge-offs									(1,237)	(2,714)	(2,303)
Loan recoveries									139	246	117
Balance, end of period	9,672				8,216				9,672	$ 8,216	8,239
Commercial [Member] | Owner occupied RE [Member]
Summary of activity related to our allowance for loan losses
Loan charge-offs									$ (48)		(390)
Loan recoveries											1
Commercial [Member] | Non-owner occupied RE [Member]
Summary of activity related to our allowance for loan losses
Loan charge-offs									$ (258)	$ (2,069)	(249)
Loan recoveries									10	$ 2	$ 1
Commercial [Member] | Construction [Member]
Summary of activity related to our allowance for loan losses
Loan charge-offs									$ (50)
Loan recoveries										$ 127
Commercial [Member] | Business [Member]
Summary of activity related to our allowance for loan losses
Loan charge-offs									$ (881)	(645)	$ (1,664)
Loan recoveries									129	117	115
Consumer [Member]
Summary of activity related to our allowance for loan losses
Balance, beginning of period				$ 3,536				$ 1,974	3,536	1,974
Loan charge-offs									(271)	(173)	(175)
Loan recoveries									46	5	8
Balance, end of period	$ 3,957				$ 3,536				3,957	3,536	1,974
Consumer [Member] | Real estate [Member]
Summary of activity related to our allowance for loan losses
Loan charge-offs									$ (173)	$ (51)	$ (22)
Loan recoveries
Consumer [Member] | Home equity [Member]
Summary of activity related to our allowance for loan losses
Loan charge-offs									$ (93)	$ (87)	$ (106)
Loan recoveries									$ 46	$ 5	$ 8
Consumer [Member] | Construction [Member]
Summary of activity related to our allowance for loan losses
Loan charge-offs
Loan recoveries
Consumer [Member] | Other [Member]
Summary of activity related to our allowance for loan losses
Loan charge-offs									$ (5)	$ (35)	$ (47)
Loan recoveries

Loans and Allowance for Loan 62

Loans and Allowance for Loan Losses (Details 8) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of activity related to our allowance for loan losses
Balance, beginning of period				$ 11,752				$ 10,213	$ 11,752	$ 10,213	$ 9,091
Provision	$ 700	$ 875	$ 1,000	625	$ 900	$ 1,325	$ 950	1,000	3,200	4,175	3,475
Loan charge-offs									(1,508)	(2,887)	(2,478)
Loan recoveries									185	251	125
Net loan charge-offs									(1,323)	(2,636)	(2,353)
Balance, end of period	13,629				11,752				13,629	11,752	10,213
Commercial Portfolio Segment [Member]
Summary of activity related to our allowance for loan losses
Balance, beginning of period				8,216				8,239	8,216	8,239	7,981
Provision									2,554	2,445
Loan charge-offs									(1,237)	(2,714)
Loan recoveries									139	246
Net loan charge-offs									(1,098)	(2,468)
Balance, end of period	9,672				8,216				9,672	8,216	8,239
Consumer Portfolio Segment [Member]
Summary of activity related to our allowance for loan losses
Balance, beginning of period				$ 3,536				$ 1,974	3,536	1,974	1,110
Provision									646	1,730
Loan charge-offs									(271)	(173)
Loan recoveries									46	5
Net loan charge-offs									(225)	(168)
Balance, end of period	$ 3,957				$ 3,536				$ 3,957	$ 3,536	$ 1,974
Unallocated Financing Receivables [Member]
Summary of activity related to our allowance for loan losses
Balance, beginning of period
Provision
Loan charge-offs
Loan recoveries
Net loan charge-offs
Balance, end of period

Loans and Allowance for Loan 63

Loans and Allowance for Loan Losses (Details 9) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Allowance for loan losses and recorded investment in loans by impairment methodology
Allowance for loan losses, Individually evaluated	$ 4,224	$ 5,046
Recorded investment in loans, Individually evaluated	13,883	15,212
Allowance for loan losses, Collectively evaluated	9,405	6,706
Recorded investment in loans, Collectively evaluated	991,061	856,234
Allowance for loan losses, Total	13,629	11,752	$ 10,213	$ 9,091
Total gross loans, net of deferred fees	1,004,944	871,446
Commercial Loan [Member]
Allowance for loan losses and recorded investment in loans by impairment methodology
Allowance for loan losses, Individually evaluated	3,544	3,960
Recorded investment in loans, Individually evaluated	12,303	12,935
Allowance for loan losses, Collectively evaluated	6,128	4,256
Recorded investment in loans, Collectively evaluated	642,878	562,547
Allowance for loan losses, Total	9,672	8,216	8,239
Total gross loans, net of deferred fees	655,181	575,482
Consumer [Member]
Allowance for loan losses and recorded investment in loans by impairment methodology
Allowance for loan losses, Individually evaluated	680	1,086
Recorded investment in loans, Individually evaluated	1,580	2,277
Allowance for loan losses, Collectively evaluated	3,277	2,450
Recorded investment in loans, Collectively evaluated	348,183	293,687
Allowance for loan losses, Total	3,957	3,536	$ 1,974
Total gross loans, net of deferred fees	$ 349,763	$ 295,964

Loans and Allowance for Loan 64

Loans and Allowance for Loan Losses (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Loan and Allowance For Loan Losses (Textual)
Part of loans of 30 days or More past due as a percentage of total loan portfolio	0.66%	0.73%
Loans over 90 days past due and still accruing
Real estate loan percentage of total loan	81.40%	81.10%
Consumer loans percentage of total real estate loan	40.90%
Mortgage loan pledged as collateral for advances from FHLB	$ 286,600,000
Foregone interest income on non accrual loans	$ 644,000	$ 414,000
Loans which exceed supervision loan to value limits	Approximately $94.0 million, or 9.4% of our loans had loan-to-value ratios which exceeded regulatory supervisory limits.
Loan with loan to value ratio of greater than 100%	Which 98 loans totaling approximately $37.1 million had loan-to-value ratios of 100% or more.
Commercial loans percentage of total real estate loan	59.10%
Net of deferred loan fees and costs	$ 1,700,000	$ 1,800,000
Owner occupied [Member]
Loan and Allowance For Loan Losses (Textual)
Commercial loans percentage of total real estate loan	23.50%
Non-owner occupied [Member]
Loan and Allowance For Loan Losses (Textual)
Commercial loans percentage of total real estate loan	20.50%
Construction [Member]
Loan and Allowance For Loan Losses (Textual)
Commercial loans percentage of total real estate loan	4.10%
Commercial [Member]
Loan and Allowance For Loan Losses (Textual)
Part of loans of 30 days or More past due as a percentage of total loan portfolio	0.60%	0.64%
Consumer [Member]
Loan and Allowance For Loan Losses (Textual)
Part of loans of 30 days or More past due as a percentage of total loan portfolio	0.06%	0.09%

Troubled Debt Restructurings (D

Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)Investment	Dec. 31, 2014USD ($)Investment
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed concession	3	4
Reduced or deferred payments
Converted to interest only		1
Maturity date extensions	1	4
Total number of loans	4	9
Pre-modification outstanding recorded investment | $	$ 532	$ 2,072
Post-modification outstanding recorded investment | $	$ 532	$ 2,202
Commercial [Member] | Non-owner occupied [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed concession	1
Reduced or deferred payments
Converted to interest only
Maturity date extensions	1	2
Total number of loans	2	2
Pre-modification outstanding recorded investment | $	$ 112	$ 275
Post-modification outstanding recorded investment | $	$ 112	$ 285
Commercial [Member] | Business [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed concession	2	1
Reduced or deferred payments
Converted to interest only
Maturity date extensions		2
Total number of loans	2	3
Pre-modification outstanding recorded investment | $	$ 420	$ 263
Post-modification outstanding recorded investment | $	$ 420	$ 263
Commercial [Member] | Construction [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed concession		1
Reduced or deferred payments
Converted to interest only
Maturity date extensions
Total number of loans		1
Pre-modification outstanding recorded investment | $		$ 1,292
Post-modification outstanding recorded investment | $		$ 1,412
Consumer [Member] | Real estate [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed concession
Reduced or deferred payments
Converted to interest only		1
Maturity date extensions
Total number of loans		1
Pre-modification outstanding recorded investment | $		$ 116
Post-modification outstanding recorded investment | $		$ 116
Consumer [Member] | Other [Member]
Summary of concession at the time of modification and the recorded investment in TDRs before and after their modification
Renewals deemed concession		2
Reduced or deferred payments
Converted to interest only
Maturity date extensions
Total number of loans		2
Pre-modification outstanding recorded investment | $		$ 126
Post-modification outstanding recorded investment | $		$ 126

Troubled Debt Restructurings 66

Troubled Debt Restructurings (Details Textual)	12 Months Ended
	Dec. 31, 2015USD ($)Investment	Dec. 31, 2014USD ($)Investment
Troubled Debt Restructurings (Textual)
Total number of loans classified under troubled debt restructurings (TDRs)	29	37
Total sum of loans classified as troubled debt restructurings (TDRs) | $	$ 8,000,000	$ 9,700,000
Number of days after loans subsequently defaulted	A payment default (60 days past due) within 12 months.
Consumer real estate loan investment defaulted | $		$ 246,000
Commercial [Member]
Troubled Debt Restructurings (Textual)
Total number of loans added under troubled debt restructurings (TDRs)	4
Total sum of loans added as troubled debt restructurings (TDRs) | $	$ 529,000
Total number of loans removed under TDR	3
Total number of loans paid off or charged off under TDR	8
Total number of loans moved to other real estate owned under TDR	1

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Components of property and equipment
Property and equipment, Gross	$ 32,346	$ 27,780
Accumulated depreciation	(8,161)	(6,935)
Total property and equipment	24,185	20,845
Land [Member]
Components of property and equipment
Property and equipment, Gross	6,827	4,862
Buildings [Member]
Components of property and equipment
Property and equipment, Gross	14,667	14,714
Leasehold Improvements [Member]
Components of property and equipment
Property and equipment, Gross	2,009	1,650
Furniture and equipment [Member]
Components of property and equipment
Property and equipment, Gross	7,033	6,139
Software [Member]
Components of property and equipment
Property and equipment, Gross	388	385
Construction in process [Member]
Components of property and equipment
Property and equipment, Gross	$ 1,422	$ 30

Property and Equipment (Detai68

Property and Equipment (Details 1)	12 Months Ended
	Dec. 31, 2015
Software [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	3 years
Furniture and equipment [Member] | Minimum [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	5 years
Furniture and equipment [Member] | Maximum [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	7 years
Leasehold improvements [Member] | Minimum [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	5 years
Leasehold improvements [Member] | Maximum [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	15 years
Buildings [Member]
Schedule of estimated useful lives of property plant and equipment
Property and equipment, estimated useful life (in years)	40 years

Property and Equipment (Detai69

Property and Equipment (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property and Equipment (Textual)
Depreciation and amortization expense	$ 1.3	$ 1.2	$ 1.2

Other Real Estate Owned (Detail

Other Real Estate Owned (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary of activity of real estate acquired in settlement of loans portion of other real estate owned
Balance, beginning of year	$ 3,307	$ 1,198
Additions	473	3,159
Sales	(368)	(730)
Write-downs, net	(937)	(320)
Balance, end of year	$ 2,475	$ 3,307

Other Real Estate Owned (Deta71

Other Real Estate Owned (Details Textual) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)Properties	Dec. 31, 2014USD ($)Properties
Other Real Estate Owned (Textual)
Number of properties | Properties	10	9
Real estate acquired in settlement loans | $	$ 2.5	$ 3.3

Deposits (Details)

Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Details of the deposit accounts [Abstract]
Noninterest bearing	$ 189,686	$ 139,902
Interest bearing:
NOW accounts	194,835	149,137
Money market accounts	311,167	224,733
Savings	10,806	8,664
Time, less than $100,000	60,153	62,646
Time, $100,000 and over	219,086	203,825
Total deposits	$ 985,733	$ 788,907

Deposits (Details 1)

Deposits (Details 1) - Certificates of Deposit [Member] $ in Thousands	Dec. 31, 2015USD ($)
Scheduled maturities of certificates of deposit
2,016	$ 204,394
2,017	49,394
2,018	18,704
2,019	3,391
2020 and after	3,356
Certificates of deposit	$ 279,239

Deposits (Details Textual)

Deposits (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deposits (Textual)
Time deposits greater $250,000	$ 145.5	$ 121.8
Time deposits obtained outside of primary market	58.9	60
Interest expense on time deposits greater than $100,000	$ 1.7	$ 1.5	$ 1.5

Federal Home Loan Bank Advanc75

Federal Home Loan Bank Advances and Other Borrowings (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary of the terms and maturities of advances of FHLB
Amount	$ 96,000	$ 116,000
Rate	3.03%	2.49%
Federal Home Loan Bank Advances [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Jan. 30, 2015	Jan. 30, 2015
Amount		$ 20,000
Rate		0.17%
Federal Home Loan Bank Advances one [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Feb. 13, 2017	Feb. 13, 2017
Amount	$ 7,500	$ 7,500
Rate	4.38%	4.38%
Federal Home Loan Bank Advances two [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Apr. 18, 2017	Apr. 18, 2017
Amount	$ 7,000	$ 7,000
Rate	2.17%	2.08%
Federal Home Loan Bank Advances three [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Apr. 18, 2017	Apr. 18, 2017
Amount	$ 7,500	$ 7,500
Rate	2.34%	2.26%
Federal Home Loan Bank Advances four [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Apr. 19, 2017	Apr. 19, 2017
Amount	$ 20,000	$ 20,000
Rate	1.60%	1.51%
Federal Home Loan Bank Advances five [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Apr. 19, 2017	Apr. 19, 2017
Amount	$ 10,000	$ 10,000
Rate	1.98%	1.89%
Federal Home Loan Bank Advances six [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Jul. 11, 2017	Jul. 11, 2017
Amount	$ 9,000	$ 9,000
Rate	4.49%	4.49%
Federal Home Loan Bank Advances seven [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Jul. 24, 2017	Jul. 24, 2017
Amount	$ 5,000	$ 5,000
Rate	4.25%	4.25%
Federal Home Loan Bank Advances eight [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Jan. 30, 2018	Jan. 30, 2018
Amount	$ 5,000	$ 5,000
Rate	3.00%	2.92%
Federal Home Loan Bank Advances nine [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Feb. 15, 2019	Feb. 15, 2019
Amount	$ 10,000	$ 10,000
Rate	4.47%	4.47%
Federal Home Loan Bank Advances ten [Member]
Summary of the terms and maturities of advances of FHLB
Maturity	Oct. 10, 2019	Oct. 10, 2019
Amount	$ 15,000	$ 15,000
Rate	3.51%	3.44%

Federal Home Loan Bank Advanc76

Federal Home Loan Bank Advances and Other Borrowings (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary of terms and maturities of structured debt agreements
Amount	$ 19,200	$ 19,200
Rate	3.26%
Structured debt agreements [Member]
Summary of terms and maturities of structured debt agreements
Maturity	Sep. 18, 2017
Amount	$ 10,000
Rate	3.63%
Structured debt agreements one [Member]
Summary of terms and maturities of structured debt agreements
Maturity	Dec. 17, 2017
Amount	$ 2,000
Rate	3.65%
Structured debt agreements two [Member]
Summary of terms and maturities of structured debt agreements
Maturity	Mar. 14, 2018
Amount	$ 3,600
Rate	2.75%
Structured debt agreements three [Member]
Summary of terms and maturities of structured debt agreements
Maturity	Sep. 15, 2018
Amount	$ 3,600
Rate	2.55%

Federal Home Loan Bank Advanc77

Federal Home Loan Bank Advances and Other Borrowings (Details Textual) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2014USD ($)Advances	Dec. 31, 2015USD ($)Agreements	Dec. 31, 2014USD ($)Investment
Federal Home Loan Bank Advances and Other Borrowings (Textual)
FHLB advances and other borrowings		$ 115,200	$ 135,200
FHLB advances		96,000	116,000
Securities sold under structured agreements to repurchase		19,200	19,200
Mortgage loan pledged as collateral for advances from FHLB		286,600
FHLB stock		$ 5,000
Number of restructured FHLB advances | Advances	5
Restructured FHLB advances	$ 59,500
Description of present value of cash flow of modified FHLB advances		Present value of the cash flows of the modified advance did not change by more than 10% from the present value of the cash flows of the original advances.
FHLB advances, weighted average rate		2.31%
FHLB advances, weighted average remaining life		40 months
Restructured FHLB advances, weighted average interest rate		2.22%
Restructured FHLB advances, weighted average remaining life		43 months
Amount of FHLB advances at fixed rates		$ 31,500
Percentage of FHLB advances at fixed rates		32.80%
Amount of FHLB advances at floating rates		$ 64,500
Percentage of FHLB advances at floating rates		67.20%
Structured debt agreements secured by investment securities		$ 21,300	$ 21,800
Number of structured debt agreements		4	4
Interest only line of credit		$ 10,000
Line of credit facility, maturity date			Jun. 6, 2017
LIBOR [Member]
Federal Home Loan Bank Advances and Other Borrowings (Textual)
Line of credit facility, Interest rate description			LIBOR plus 2.90
Floor [Member]
Federal Home Loan Bank Advances and Other Borrowings (Textual)
Line of credit, interest rate			3.25%
Ceiling [Member]
Federal Home Loan Bank Advances and Other Borrowings (Textual)
Line of credit, interest rate			5.15%

Junior Subordinated Debentures

Junior Subordinated Debentures (Details) - USD ($)	1 Months Ended		12 Months Ended
	Dec. 22, 2005	Jun. 26, 2003	Dec. 31, 2015	Dec. 31, 2014
Junior Subordinated Debentures (Textual)
Junior subordinated debentures			$ 13,403,000	$ 13,403,000
Description of Dodd-Frank Act prohibits			Dodd-Frank Act prohibit institutions that had more than $15 billion in assets on December 31, 2009 from including trust preferred securities as Tier 1 capital beginning in 2013, with one-third phased out over the two years ending in 2015. Financial institutions with less than $15 billion in total assets, such as the Bank, may continue to include their trust preferred securities issued prior to May 19, 2010 in Tier 1 capital, but cannot include in Tier 1 capital trust preferred securities issued after such date.
Greenville First Statutory Trust I [Member]
Junior Subordinated Debentures (Textual)
Amount of trust preferred securities issued at floating rate		$ 6,000,000
Maturity date of trust preferred securities		Jun. 26, 2033
Floating interest rate of trust preferred securities			3.70%
Indexed period of LIBOR rate			3-month
Proceeds from the issuance trust preferred securities			$ 6,000,000
Initial proceeds from the capital investment in trust			186,000
Junior subordinated debentures			$ 6,200,000
Greenville First Statutory Trust II [Member]
Junior Subordinated Debentures (Textual)
Amount of trust preferred securities issued at floating rate	$ 7,000,000
Maturity date of trust preferred securities	Dec. 22, 2035
Floating interest rate of trust preferred securities			2.04%
Indexed period of LIBOR rate			3-month
Proceeds from the issuance trust preferred securities			$ 7,000,000
Initial proceeds from the capital investment in trust			217,000
Junior subordinated debentures			$ 7,200,000

Unused Lines of Credit (Details

Unused Lines of Credit (Details) $ in Millions	Dec. 31, 2015USD ($)linesofcredit
Unused Lines of Credit (Textual)
Number of lines of credit | linesofcredit	3
Line of credit to purchase federal fund	$ 45
Additional borrowings under FHLB	$ 75.7

Fair Value Accounting (Details)

Fair Value Accounting (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Securities available for sale:
US government agencies	$ 14,599	$ 8,557
SBA securities	6,277	5,154
State and political subdivisions	22,259	16,800
Mortgage-backed securities	46,804	24,513
Total assets measured at fair value on a recurring basis	$ 89,939	$ 55,024
Level 1 [Member]
Securities available for sale:
US government agencies
SBA securities
State and political subdivisions
Mortgage-backed securities
Total assets measured at fair value on a recurring basis
Level 2 [Member]
Securities available for sale:
US government agencies	$ 14,599	$ 8,557
SBA securities	6,277	5,154
State and political subdivisions	22,259	16,800
Mortgage-backed securities	46,804	24,513
Total assets measured at fair value on a recurring basis	$ 89,939	$ 55,024
Level 3 [Member]
Securities available for sale:
US government agencies
SBA securities
State and political subdivisions
Mortgage-backed securities
Total assets measured at fair value on a recurring basis

Fair Value Accounting (Details

Fair Value Accounting (Details 1) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Impaired loans	$ 9,659	$ 10,166
Other real estate owned	2,475	3,307
Total assets measured at fair value on a nonrecurring basis	$ 12,134	$ 13,473
Level 1 [Member]
Assets
Impaired loans
Other real estate owned
Total assets measured at fair value on a nonrecurring basis
Level 2 [Member]
Assets
Impaired loans	$ 9,102	$ 9,461
Other real estate owned	2,208	3,040
Total assets measured at fair value on a nonrecurring basis	11,310	12,501
Level 3 [Member]
Assets
Impaired loans	557	705
Other real estate owned	267	267
Total assets measured at fair value on a nonrecurring basis	$ 824	$ 972

Fair Value Accounting (Detail82

Fair Value Accounting (Details 2)	12 Months Ended
	Dec. 31, 2015
Impaired loans [Member]
Schedule of unobservable inputs used in the fair value measurements
Valuation Technique	Appraised Value/ Discounted Cash Flows
Significant Unobservable Inputs	Discounts to appraisals or cash flows for estimated holding and/or selling costs or age of appraisal
Impaired loans [Member] | Maximum [Member]
Schedule of unobservable inputs used in the fair value measurements
Range of Inputs	25.00%
Impaired loans [Member] | Minimum [Member]
Schedule of unobservable inputs used in the fair value measurements
Range of Inputs	0.00%
Other real estate owned [Member]
Schedule of unobservable inputs used in the fair value measurements
Valuation Technique	Appraised Value/ Comparable Sales
Significant Unobservable Inputs	Discounts to appraisals for estimated holding or selling costs
Other real estate owned [Member] | Maximum [Member]
Schedule of unobservable inputs used in the fair value measurements
Range of Inputs	25.00%
Other real estate owned [Member] | Minimum [Member]
Schedule of unobservable inputs used in the fair value measurements
Range of Inputs	0.00%

Fair Value Accounting (Detail83

Fair Value Accounting (Details 3) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Financial Assets:
Cash and cash equivalents, Carrying value	$ 62,866	$ 41,264	$ 39,203	$ 29,413
Other investments, at cost, Carrying value	5,532	6,522
Loans held for sale, Carrying value	4,943	11,765
Loans, net, Carrying value	991,315	859,694
Cash and cash equivalents, Fair value	62,866	41,264
Other investments, at cost, Fair value	5,532	6,522
Loans held for sale, Fair value	4,943	11,765
Loans, net, Fair value	992,379	860,215
Financial Liabilities:
Deposits, Carrying value	985,733	788,907
FHLB and other borrowings, Carrying value	115,200	135,200
Junior subordinated debentures, Carrying value	13,403	13,403
Deposits, Fair value	918,303	748,497
FHLB and other borrowings, Fair value	117,317	144,156
Junior subordinated debentures, Fair value	11,511	6,823
Level 1 [Member] | Estimate of Fair Value [Member]
Financial Assets:
Cash and cash equivalents, Fair value	$ 62,866	$ 41,264
Other investments, at cost, Fair value
Loans held for sale, Fair value
Loans, net, Fair value
Financial Liabilities:
Deposits, Fair value
FHLB and other borrowings, Fair value
Junior subordinated debentures, Fair value
Level 2 [Member] | Estimate of Fair Value [Member]
Financial Assets:
Cash and cash equivalents, Fair value
Other investments, at cost, Fair value
Loans held for sale, Fair value	$ 4,943	$ 11,765
Loans, net, Fair value	9,102	9,461
Financial Liabilities:
Deposits, Fair value	918,303	748,497
FHLB and other borrowings, Fair value	117,317	144,156
Junior subordinated debentures, Fair value	$ 11,511	$ 6,823
Level 3 [Member] | Estimate of Fair Value [Member]
Financial Assets:
Cash and cash equivalents, Fair value
Other investments, at cost, Fair value	$ 5,532	$ 6,522
Loans held for sale, Fair value
Loans, net, Fair value	$ 983,277	$ 850,754
Financial Liabilities:
Deposits, Fair value
FHLB and other borrowings, Fair value
Junior subordinated debentures, Fair value

Fair Value Accounting (Detail84

Fair Value Accounting (Details Textual)	12 Months Ended
	Dec. 31, 2015
Fair Value Accounting (Textual)
Percentage of loans collateralize by real estate	More than 80%.

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Numerator:
Net income					$ 1,983	$ 1,826	$ 1,566	$ 1,250	$ 10,167	$ 6,625	$ 5,120
Less: Preferred stock dividends					217	253	253	193		915	771
Add: Gain on redemption of preferred stock											20
Net income available to common shareholders	$ 2,853	$ 2,727	$ 2,560	$ 2,028	$ 1,766	$ 1,573	$ 1,313	$ 1,057	$ 10,167	$ 5,710	$ 4,369
Denominator:
Weighted-average common shares outstanding - basic	6,234,490	6,205,877	6,187,720	6,189,477	5,586,620	4,829,514	4,825,588	4,672,270	6,204,518	4,980,595	4,279,992
Common stock equivalents									356,221	218,781	178,926
Weighted-average common shares outstanding - diluted	6,613,685	6,579,448	6,533,658	6,514,873	5,835,002	5,046,487	5,029,724	4,877,448	6,560,739	5,199,376	4,458,918
Earnings per common share:
Basic	$ 0.46	$ 0.44	$ 0.41	$ 0.33	$ 0.32	$ 0.33	$ 0.28	$ 0.23	$ 1.64	$ 1.15	$ 1.02
Diluted	$ 0.43	$ 0.41	$ 0.39	$ 0.31	$ 0.30	$ 0.31	$ 0.26	$ 0.22	$ 1.55	$ 1.10	$ 0.98

Earnings Per Common Share (De86

Earnings Per Common Share (Details Textual) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Common Share (Textual)
Antidilutive securities excluded from computation of earnings per share, amount	93,500	109,303	34,624

Commitments and Contingencies87

Commitments and Contingencies (Details) $ in Thousands	Dec. 31, 2015USD ($)
Summary of estimated future minimum lease payments under noncancelable operating leases
2,016	$ 1,026
2,017	984
2,018	995
2,019	1,004
2,020	1,019
Thereafter	1,847
Total	$ 6,875

Commitments and Contingencies88

Commitments and Contingencies (Details Textual)	12 Months Ended
	Dec. 31, 2015USD ($)Officers	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Commitments and Contingencies (Textual)
Description of employment agreement	These agreements also include a) an incentive program, b) a stock option plan, c) a one-year non-compete agreement upon termination and a severance payment equal to one year of compensation.
Estimated aggregate salary commitment	$ 2,000,000
Agreement with data processor expire date	2,023
Base monthly charges under agreement with data processor	$ 102,000
Operating lease expired date	2,028
Construction contract	$ 7,600,000
Lease expense	$ 954,000	$ 811,000	$ 800,000
Chief Executive Officer [Member]
Commitments and Contingencies (Textual)
Period of employment agreement	3 years
President [Member]
Commitments and Contingencies (Textual)
Period of employment agreement	2 years
Executive Vice President [Member]
Commitments and Contingencies (Textual)
Period of employment agreement	2 years
Number of executive officers | Officers	7

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current income taxes:
Federal									$ 6,184	$ 4,238	$ 2,747
State									441	297	129
Total current tax expense									6,625	4,535	2,876
Deferred income tax benefit									(1,256)	(1,422)	(460)
Income tax expense	$ 1,383	$ 1,489	$ 1,400	$ 1,097	$ 928	$ 834	$ 757	$ 594	$ 5,369	$ 3,113	$ 2,416

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of the items that caused recorded income taxes to differ from taxes computed using the statutory tax rate
Tax expense at statutory rate									$ 5,438	$ 3,311	$ 2,562
Effect of state income taxes									287	196	85
Exempt income									(151)	(170)	(199)
Other									(205)	(224)	(32)
Income tax expense	$ 1,383	$ 1,489	$ 1,400	$ 1,097	$ 928	$ 834	$ 757	$ 594	$ 5,369	$ 3,113	$ 2,416

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 4,770	$ 3,996
Unrealized loss on securities available for sale	2
Net deferred loan fees	597	$ 599
Interest on nonaccrual loans	829	957
Deferred compensation	1,323	953
Sale of real estate owned	531	198
Accrued expenses	166	10
Other	440	269
Deferred tax assets, gross	8,658	6,982
Deferred tax liabilities:
Property and equipment	$ 1,530	1,191
Unrealized gain on securities available for sale		156
Other	$ 205	126
Deferred tax liabilities, gross	1,735	1,473
Net deferred tax asset	$ 6,923	$ 5,509

Related Party Transactions (Det

Related Party Transactions (Details) - Directors, their affiliates and executive officers [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary of loan transactions with directors, including their affiliates and executive officers
Balance, beginning of year	$ 20,587	$ 23,522
New loans	2,298	10,097
Less loan payments	(9,817)	(13,032)
Balance, end of year	$ 13,068	$ 20,587

Related Party Transactions (D93

Related Party Transactions (Details Textual)	12 Months Ended
	Dec. 31, 2015USD ($)Investment	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Related Party Transactions (Textual)
Number of offices | Investment	4
Officers and directors [Member]
Related Party Transactions (Textual)
Deposits by related parties	$ 5,100,000	$ 4,900,000
Director [Member]
Related Party Transactions (Textual)
Monthly payments of land lease by Company	5,388
Property management services expense for Bank	31,000	32,000	$ 30,000
Signage purchases for retail office	$ 24,000	$ 41,000	$ 166,000

Financial Instruments With Of94

Financial Instruments With Off-Balance Sheet Risk (Details) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Financial instruments with off-balance sheet risk (Textual)
Commitment under letters of credit	$ 4.3	$ 2.6
Unfunded commitments to extend credit [Member]
Financial instruments with off-balance sheet risk (Textual)
Amount of unfunded commitments to extend credit	194.7	167.3
Unfunded commitments to extend credit at fixed rate	61.8	52.2
Unfunded commitments to extend credit at variable rate	$ 133	$ 115.1

Employee Benefit Plan (Details)

Employee Benefit Plan (Details)	12 Months Ended
	Dec. 31, 2015USD ($)Officers	Dec. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Profit Sharing and 401(k) Plan for eligible employees [Member]
Employee Benefit Plan (Textual)
Defined benefit plan, annually cost	$ 326,000	$ 263,000	$ 235,000
Supplemental Executive Retirement Plan (nonqualified deferred compensation plan) [Member]
Employee Benefit Plan (Textual)
Defined benefit plan, annually cost	$ 978,000	352,000	$ 753,000
Number of executive officers | Officers	16
Accrued benefit obligation	$ 3,800,000	$ 2,800,000

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Stock-Based Compensation [Abstract]
Stock option expense	$ 556	$ 430	$ 427
Restricted stock grant expense	203	199	88
Total stock-based compensation expense	$ 759	$ 629	$ 515

Stock-Based Compensation (Det97

Stock-Based Compensation (Details 1) - Stock Options [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of the status of the stock option plan and changes
Shares Outstanding at beginning of year	659,979	617,181	556,474
Shares Granted	93,511	82,550	90,300
Shares Exercised	(67,036)	(39,752)	(28,596)
Shares Forfeited or expired			(997)
Shares Outstanding at end of year	686,454	659,979	617,181
Shares Options exercisable at year-end	456,020	432,055	346,509
Shares available for grant	178,688	262,237	140,525
Weighted average exercise price Outstanding at beginning of year	$ 7.75	$ 7.05	$ 6.72
Weighted average exercise price Granted	17.15	13.44	9.05
Weighted average exercise price Exercised	$ 9.36	$ 8.94	6.49
Weighted average exercise price Forfeited or expired			6.49
Weighted average exercise price Outstanding at end of year	$ 8.88	$ 7.75	7.05
Weighted average exercise price, Options exercisable at year-end	6.71	6.74	7.05
Weighted average fair value of options granted during the year	$ 9.09	$ 7.15	$ 5.48
Weighted Average Remaining Contractual Life, Outstanding at end of year	6 years	6 years 2 months 12 days	6 years 6 months
Weighted Average Remaining Contractual Life, Options exercisable at year-end	4 years 10 months 24 days	5 years 2 months 12 days	5 years 6 months

Stock-Based Compensation (Det98

Stock-Based Compensation (Details 2) - Stock Options [Member]	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-Based Compensation Arrangement By Share-Based Payment Award [Line Items]
Dividend yield
Expected life	7 years	7 years	10 years
Expected volatility	51.24%	49.90%	43.74%
Risk-free interest rate	1.63%	2.29%	1.78%

Stock-Based Compensation (Det99

Stock-Based Compensation (Details 3) - Nonvested restricted stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of the status of the Company's nonvested restricted stock and changes
Restricted Shares Nonvested at beginning of year	50,994	64,650	28,119
Restricted Shares Granted	3,000	4,500	43,750
Restricted Shares Vested	(19,285)	(18,156)	(7,219)
Restricted Shares Forfeited
Restricted Shares Nonvested at end of year	34,709	50,994	64,650
Weighted Average Grant-Date Fair Value Nonvested at beginning of year	$ 11.37	$ 10.92	$ 6.76
Weighted Average Grant-Date Fair Value Granted	20.65	14.15	12.91
Weighted Average Grant-Date Fair Value Vested	$ 10.68	$ 10.46	$ 6.76
Weighted Average Grant-Date Fair Value Forfeited
Weighted Average Grant-Date Fair Value Nonvested at end of year	$ 12.56	$ 11.37	$ 10.92

Stock-Based Compensation (De100

Stock-Based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	May. 19, 2015	May. 20, 2014	May. 18, 2010	Mar. 21, 2000	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock-Based Compensation (Textual)
Unrecognized compensation cost					$ 1,100
Recognized weighted average period					2 years 7 months 6 days
Fair value of stock option grants					$ 4.38	$ 3.30	$ 2.81
Stock option plan [Member]
Stock-Based Compensation (Textual)
Number of stock option available for grant				436,424
Option expiration period				10 years
Shares Outstanding					686,454	659,979
Aggregate Intrinsic Value Outstanding					$ 9,500	$ 6,100
Shares Options exercisable at year-end					456,020	432,055
Aggregate Intrinsic Value Options exercisable at year-end					$ 7,300	$ 4,400
2010 incentive plan [Member]
Stock-Based Compensation (Textual)
Number of stock option available for grant		566,025	366,025
Option expiration period			10 years
Adjusted percentage of stock dividends			10.00%
Additional shares of common stock		200,000
Stock to be issuable as restricted stock	25,000
Restricted stock plan [Member]
Stock-Based Compensation (Textual)
Number of stock option available for grant					36,049
Number of shares authorized under the restricted stock plan								13,310
Shares issued under provision of issuance of shares of restricted stock	104,860		79,860
Unrecognized compensation cost					$ 360,000
Recognized weighted average period					2 years 1 month 6 days

Preferred and Common Stock (Det

Preferred and Common Stock (Details) - USD ($)	Dec. 12, 2014	Nov. 12, 2014	Apr. 01, 2013	Jan. 03, 2013	Jan. 27, 2014	Sep. 30, 2012	Jun. 28, 2012	Feb. 27, 2009	Jul. 25, 2012	Dec. 31, 2015	Dec. 31, 2014
Preferred and Common Stock (Textual)
Shares of fixed rate cumulative perpetual preferred stock, series T, shares sold								17,299
Warrant issued with option to purchase additional common shares								399,970.34
Purchase price of fixed rate cumulative perpetual preferred stock, Series T								$ 17,300,000
Cumulative dividend rate for first five years								5.00%
Cumulative dividend rate after first five years								9.00%
Capital purchase program warrant term								10 years
Exercise price of CPP warrant								$ 6.487
Preferred stock, par value	$ 1,000									$ 0.01	$ 0.01
Number of preferred stock repurchased	11,242						1,000
Preferred stock, shares outstanding							16,299
Series T preferred stock outstanding shares							17,299
Operating costs incurred as a result of TARP auction						$ 130,000
Balance sheet impact - Shareholders' equity						904,000
Increase in retained earnings related to discount on the shares repurchased						96,000
Decrease in preferred stock value						$ 1,000,000
Warrant repurchase, value									$ 1,100,000
Difference between fair value of warrant and repurchase value									343,000
Remaining accretion									$ 180,000
Preferred stock, redemption price per share			$ 1,000	$ 1,000	$ 1,000
Redeemable preferred stock			$ 1,000,000	$ 1,000,000
Issuance of common stock, Shares		1,380,000			475,000
Offering price per share		$ 14.40			$ 13
Redemption of series T Preferred preferred stock, shares			1,000	1,000	4,057
Net proceeds from offering		$ 18,400,000
Over-Allotment Option [Member]
Preferred and Common Stock (Textual)
Issuance of common stock, Shares		180,000

Regulatory Matters (Details)

Regulatory Matters (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Bank [Member]
Summary of capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements
Total Capital (to risk weighted assets) Actual	$ 116,992	$ 101,716
Total Capital (to risk weighted assets) Actual, Ratio	11.67%	11.96%
Total Capital (to risk weighted assets) For capital adequacy purposes Minimum	$ 80,166	$ 68,024
Total Capital (to risk weighted assets) For capital adequacy purposes Minimum, Ratio	8.00%	8.00%
Total Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum	$ 100,208	$ 85,030
Total Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio	10.00%	10.00%
Tier 1 Capital (to risk weighted assets) Actual	$ 104,452	$ 91,073
Tier 1 Capital (to risk weighted assets) Actual, Ratio	10.42%	10.71%
Tier 1 Capital (to risk weighted assets) For capital adequacy purposes Minimum	$ 60,125	$ 34,012
Tier 1 Capital (to risk weighted assets) For capital adequacy purposes Minimum, Ratio	6.00%	4.00%
Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum	$ 80,166	$ 51,018
Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio	8.00%	6.00%
Common Equity Tier 1 Capital (to risk weighted assets) Actual	$ 104,452
Common Equity Tier 1 Capital (to risk weighted assets) Actual, Ratio	10.42%
Common Equity Tier 1 Capital (to risk weighted assets) For capital adequacy purposes minimum	$ 45,094
Common Equity Tier 1 Capital (to risk weighted assets) For capital adequacy purposes minimum, Ratio	4.50%
Common Equity Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum	$ 65,135
Common Equity Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio	6.50%
Tier 1 Capital (to average assets) Actual	$ 104,452	$ 91,073
Tier 1 Capital (to average assets), Actual Ratio	8.57%	9.08%
Tier 1 Capital (to average assets) For capital adequacy purposes Minimum	$ 48,753	$ 40,131
Tier 1 Capital (to average assets) For capital adequacy purposes Minimum, Ratio	4.00%	4.00%
Tier 1 Capital (to average assets) To be well capitalized under prompt corrective action provisions minimum	$ 60,941	$ 50,164
Tier 1 Capital (to average assets) To be well capitalized under prompt corrective action provisions minimum, Ratio	5.00%	5.00%
The Company [Member]
Summary of capital amounts and ratios of the Bank and the Company and the regulatory minimum requirements
Total Capital (to risk weighted assets) Actual	$ 119,783	$ 106,333
Total Capital (to risk weighted assets) Actual, Ratio	11.95%	12.51%
Total Capital (to risk weighted assets) For capital adequacy purposes Minimum	$ 80,166	$ 68,024
Total Capital (to risk weighted assets) For capital adequacy purposes Minimum, Ratio	8.00%	8.00%
Total Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum
Total Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio
Tier 1 Capital (to risk weighted assets) Actual	$ 107,243	$ 95,690
Tier 1 Capital (to risk weighted assets) Actual, Ratio	10.70%	11.25%
Tier 1 Capital (to risk weighted assets) For capital adequacy purposes Minimum	$ 60,125	$ 34,012
Tier 1 Capital (to risk weighted assets) For capital adequacy purposes Minimum, Ratio	6.00%	4.00%
Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum
Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio
Common Equity Tier 1 Capital (to risk weighted assets) Actual	$ 94,243
Common Equity Tier 1 Capital (to risk weighted assets) Actual, Ratio	9.40%
Common Equity Tier 1 Capital (to risk weighted assets) For capital adequacy purposes minimum	$ 45,094
Common Equity Tier 1 Capital (to risk weighted assets) For capital adequacy purposes minimum, Ratio	4.50%
Common Equity Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum
Common Equity Tier 1 Capital (to risk weighted assets) To be well capitalized under prompt corrective action provisions minimum, Ratio
Tier 1 Capital (to average assets) Actual	$ 107,243	$ 95,690
Tier 1 Capital (to average assets), Actual Ratio	8.78%	9.52%
Tier 1 Capital (to average assets) For capital adequacy purposes Minimum	$ 48,876	$ 40,223
Tier 1 Capital (to average assets) For capital adequacy purposes Minimum, Ratio	4.00%	4.00%
Tier 1 Capital (to average assets) To be well capitalized under prompt corrective action provisions minimum
Tier 1 Capital (to average assets) To be well capitalized under prompt corrective action provisions minimum, Ratio

Regulatory Matters (Details Tex

Regulatory Matters (Details Textual)	Jul. 31, 2013
FDIC [Member]
Regulatory Matters (Textual)
Tier 1 leverage capital ratio	4.00%
Tier 1 capital to risk-weighted assets ratio	4.50%
Minimum ratio of Tier 1 capital conservation buffer ratio	2.50%
Maximum [Member]
Regulatory Matters (Textual)
Tier 1 capital to risk-weighted assets ratio	6.00%
Minimum [Member]
Regulatory Matters (Textual)
Tier 1 capital to risk-weighted assets ratio	4.00%

Parent Company Financial Inf104

Parent Company Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Assets
Cash and cash equivalents	$ 62,866			$ 41,264	$ 41,264			$ 39,203	$ 41,264	$ 39,203	$ 29,413	$ 62,866	$ 41,264	$ 39,203	$ 29,413
Other assets												6,855	7,192
Total assets												1,217,293	1,029,865
Liabilities and Shareholders' Equity
Junior subordinated debentures												13,403	13,403
Shareholders' equity												94,240	82,992	65,665	64,125
Total liabilities and shareholders' equity												1,217,293	1,029,865
Revenues
Interest income	12,147	$ 11,766	$ 11,316	10,801	10,560	$ 10,253	$ 9,790	9,344	46,030	39,948	36,118
Expenses
Interest expense	2,016	1,928	1,825	1,731	1,726	1,762	1,720	1,700	7,501	6,908	7,097
Income tax benefit	1,383	$ 1,489	$ 1,400	1,097	928	834	757	594	5,369	3,113	2,416
Net income					1,983	1,826	1,566	1,250	10,167	6,625	5,120
Operating activities
Net income					1,983	$ 1,826	$ 1,566	1,250	10,167	6,625	5,120
Adjustments to reconcile net income to net cash used for operating activities
Compensation expense related to stock options and restricted stock grants									759	629	515
Increase in other assets, net									(495)	(213)	(314)
Net cash used for operating activities									20,106	4,734	8,588
Investing activities
Net cash provided by (used for) investing activities									$ (175,958)	(130,784)	(88,059)
Financing activities
Cash dividend on preferred stock										(1,010)	(778)
Issuance of common stock										$ 24,376
Cash in lieu of fractional shares											(9)
Proceeds from the exercise of stock options and warrants									$ 628	$ 356	198
Net cash provided by (used for) financing activities									177,454	128,111	89,261
Net increase (decrease) in cash and cash equivalents									21,602	2,061	9,790
Cash and cash equivalents, beginning of year				41,264				39,203	41,264	39,203	29,413
Cash and cash equivalents, end of year	62,866				41,264				62,866	41,264	39,203
Southern First Bancshares, Inc. [Member]
Assets
Cash and cash equivalents	442			2,459	2,459			15	2,459	15	$ 82	442	2,459	15	82
Investment in subsidiaries												104,851	91,778
Other assets												2,355	2,163
Total assets												107,648	96,400
Liabilities and Shareholders' Equity
Accounts payable and accrued expenses												$ 5	$ 5
Other borrowings
Junior subordinated debentures												$ 13,403	$ 13,403
Shareholders' equity												94,240	82,992	$ 65,665	$ 64,125	$ 62,539
Total liabilities and shareholders' equity												$ 107,648	$ 96,400
Revenues
Interest income									$ 4	$ 6
Total revenue
Expenses
Interest expense									$ 349	$ 420	$ 416
Other expenses									829	630	514
Total expenses									1,178	1,050	930
Income tax benefit									212	234	316
Loss before equity in undistributed net income of subsidiaries									(962)	(810)	(614)
Equity in undistributed net income of subsidiaries									11,129	7,435	5,734
Net income									10,167	6,625	5,120
Operating activities
Net income									10,167	6,625	5,120
Adjustments to reconcile net income to net cash used for operating activities
Equity in undistributed net income of subsidiaries									(11,129)	(7,435)	(5,734)
Compensation expense related to stock options and restricted stock grants									759	629	515
Increase in other assets, net									$ (192)	(287)	(298)
Decrease in accounts payable and accrued expenses										(11)	(1)
Net cash used for operating activities									$ (395)	(479)	(398)
Investing activities
Investment in subsidiaries, net									(2,250)	(4,100)	1,900
Net cash provided by (used for) investing activities									$ (2,250)	(4,100)	$ 1,900
Financing activities
Decrease in note payable										(1,400)
Cash dividend on preferred stock										(1,010)	$ (778)
Redemption of preferred stock										(15,299)	$ (980)
Issuance of common stock										$ 24,376
Cash in lieu of fractional shares											$ (9)
Proceeds from the exercise of stock options and warrants									$ 628	$ 356	198
Net cash provided by (used for) financing activities									628	7,023	(1,569)
Net increase (decrease) in cash and cash equivalents									(2,017)	2,444	(67)
Cash and cash equivalents, beginning of year				$ 2,459				$ 15	2,459	15	82
Cash and cash equivalents, end of year	$ 442				$ 2,459				$ 442	$ 2,459	$ 15

Selected Condensed Quarterly105

Selected Condensed Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Summary of selected quarterly financial information
Interest income	$ 12,147	$ 11,766	$ 11,316	$ 10,801	$ 10,560	$ 10,253	$ 9,790	$ 9,344	$ 46,030	$ 39,948	$ 36,118
Interest expense	2,016	1,928	1,825	1,731	1,726	1,762	1,720	1,700	7,501	6,908	7,097
Net interest income	10,131	9,838	9,491	9,070	8,834	8,491	8,070	7,644	38,529	33,040	29,021
Provision for loan losses	700	875	1,000	625	900	1,325	950	1,000	3,200	4,175	3,475
Noninterest income	2,036	2,124	2,115	2,141	1,733	1,560	1,518	969	8,416	5,780	3,802
Noninterest expenses	7,231	6,871	6,646	7,461	6,756	6,066	6,315	5,769	28,209	24,907	21,812
Income before income tax expense	4,236	4,216	3,960	3,125	2,911	2,660	2,323	1,844	15,536	9,738	7,536
Income tax expense	1,383	1,489	1,400	1,097	928	834	757	594	5,369	3,113	2,416
Net income					1,983	1,826	1,566	1,250	10,167	6,625	5,120
Preferred stock dividend					217	253	253	193		915	771
Net income available to common shareholders	$ 2,853	$ 2,727	$ 2,560	$ 2,028	$ 1,766	$ 1,573	$ 1,313	$ 1,057	$ 10,167	$ 5,710	$ 4,369
Earnings per common share
Basic	$ 0.46	$ 0.44	$ 0.41	$ 0.33	$ 0.32	$ 0.33	$ 0.28	$ 0.23	$ 1.64	$ 1.15	$ 1.02
Diluted	$ 0.43	$ 0.41	$ 0.39	$ 0.31	$ 0.30	$ 0.31	$ 0.26	$ 0.22	$ 1.55	$ 1.10	$ 0.98
Weighted average common shares outstanding
Basic	6,234,490	6,205,877	6,187,720	6,189,477	5,586,620	4,829,514	4,825,588	4,672,270	6,204,518	4,980,595	4,279,992
Diluted	6,613,685	6,579,448	6,533,658	6,514,873	5,835,002	5,046,487	5,029,724	4,877,448	6,560,739	5,199,376	4,458,918