ServisFirst Bancshares (SFBS) 8-K Results of Operations and Financial Condition

Exhibit 99.2

Selected Financial Data (in thousands except number of employees)	6/30/2023			3/31/2023			6/30/2022			Commentary
Scheduled CD maturities for subsequent quarter	$	152,562		$	156,886		$	196,280
Average rate scheduled CD maturities for subsequent quarter		3.00	%		2.38	%		0.62	%
Loan rate (excludes fees), Qtr-End		7.99	%		7.91	%		4.45	%
Cost of total deposits, Qtr-End		2.76	%		2.31	%		0.22	%
Cost of interest-bearing DDAs, Qtr-End		3.62	%		3.12	%		0.31	%
Cost of interest-bearing deposits, Qtr-End		3.60	%		3.08	%		0.37	%
Noninterest bearing DDA balances, Qtr-End	$	2,855,102		$	2,898,736		$	4,686,511
Reserve for unfunded commitments, Qtr-End	$	575		$	575		$	1,600
Credit card spend QTD	$	277,822		$	259,592		$	263,888
Credit card net income QTD	$	2,406		$	1,689		$	2,672
Merchant services fees QTD	$	581		$	455		$	471
Mortgage banking income QTD	$	696		$	442		$	614
FDIC insurance QTD	$	2,000		$	1,275		$	960
Write down tax credit investment QTD	$	2,384		$	2,716		$	2,499		The write down of our tax credit investment increased non-interest expenses by $2.4 million during the 2nd quarter 2023, but was offset by an income tax reduction of $3.8 million.
Salaries & employee benefits QTD	$	18,795		$	19,066		$	20,734
Other operating expense	$	6,224		$	6,702		$	7,253
Third party processing and other services QTD	$	6,198		$	7,284		$	6,345		FRB service charges related to correspondent bank settlement activities decreased $900,000 quarter/quarter.
Equipment and occupancy expense QTD	$	3,421		$	3,435		$	2,983
Business meals QTD	$	54		$	532		$	293
Earnings retention YTD		73	%		74	%		79	%
Number of employees		583			581			550
QTD tax rate		17.38	%		18.07	%		18.83	%
YTD  tax rate		17.74	%		18.07	%		18.89	%