SFST · Southern First Bancshares Inc

$62.19 +0.23 (+0.36%) At close · Aug 27

Market Cap

$586.92M

9.47M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Calvin C. Hurst	President	$365,650	$135,000	$141,680	—	—	$43,239	$697,941
Christian J. Zych	Chief Financial Officer	$319,300	$100,000	$77,280	—	—	$43,026	$539,606
Wesley C. Wilbanks	Chief Credit Officer	$235,000	$65,000	$36,800	—	—	$28,672	$365,472
Julie A. Fairchild	Chief Accounting Officer	$206,000	$52,000	—	—	—	$38,792	$312,230
William M. Aiken	Chief Risk Officer	$67,468	—	$79,120	—	—	$5,462	$152,050

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
R. Arthur Seaver	Chief Executive Officer	$515,000	$135,000	$308,978	—	—	$72,170	$1,141,448
Calvin C. Hurst	President	$355,000	$125,000	$185,364	—	—	$47,664	$719,003
William M. Aiken	Chief Risk Officer	$265,000	$85,000	$128,735	—	—	$30,095	$508,830
Christian J. Zych	Chief Financial Officer	$203,000	$80,000	$58,400	—	—	$19,510	$360,910
Julie A. Fairchild	Chief Accounting Officer	$188,000	$40,000	$54,275	—	—	$33,313	$321,066
D. Andrew Borrmann	Chief Financial Officer	$79,000	—	$74,220	—	—	$9,734	$162,954

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
R. Arthur Seaver	Chief Executive Officer	$515,000	$90,000	$130,350	—	—	$69,968	$805,318
Calvin C. Hurst	President	$309,000	$100,000	$86,900	—	—	$45,668	$541,568
William M. Aiken	Chief Risk Officer	$257,500	$70,000	$86,900	—	—	$30,278	$444,678
D. Andrew Borrmann	Chief Financial Officer	$219,500	$105,000	$43,890	—	—	$13,348	$381,738
Silvia T. King	—	$190,500	$35,000	$26,070	—	—	$30,924	$282,494
Michael D. Dowling	Chief Operating Officer and Chief Financial Officer	$45,000	—	$86,900	—	—	$12,473	$166,685

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
R. Arthur Seaver	Chief Executive Officer	$510,000	$175,000	$122,280	—	—	$72,583	$930,604
Michael D. Dowling	Chief Operating Officer and Chief Financial Officer	$354,000	$155,000	$91,710	—	—	$47,442	$665,522
Calvin C. Hurst	President	$300,000	$155,000	$91,710	—	—	$46,683	$602,729
William M. Aiken	Chief Risk Officer	$250,000	$89,700	$61,140	—	—	$30,754	$431,594
Silvia T. King	—	$185,000	$55,000	$36,684	—	—	$28,634	$312,295
Chief Human Resource	Officer	$185,000	$55,000	$36,684	—	—	$28,634	$312,295

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
R. Arthur Seaver	Chief Executive Officer	$495,000	$170,000	$78,900	$239,335	—	$55,685	$1,279,479
Chief Operating	Officer and Chief Financial Officer	$340,000	$155,000	$59,175	$159,557	—	$48,353	$853,833
Michael D. Dowling	Chief Operating Officer and Chief Financial Officer	$340,000	$155,000	$59,175	$159,557	—	$48,353	$853,833
Calvin C. Hurst	President	$223,500	$140,000	$39,450	$127,645	—	$42,822	$594,226
William M. Aiken	Chief Risk Officer	$220,000	$85,000	—	$39,889	—	$17,650	$362,539
Chief Human Resource	Officer	$175,000	$52,250	—	$31,911	—	$25,860	$303,160
Chief Human	—	$175,000	$52,250	—	$31,911	—	$25,860	$303,160

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
R. Arthur Seaver	Chief Executive Officer	$495,000	$155,000	$106,800	$105,224	—	$49,107	$1,252,932
Chief Operating	Officer and Chief Financial Officer	$340,000	$145,000	$85,440	$148,440	—	$45,152	$879,617
Calvin C. Hurst	President	$223,500	$110,000	—	$108,230	—	$42,965	$502,732
Chief Human	—	$175,000	$50,000	—	$19,730	—	$33,881	$296,436

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
R. Arthur Seaver	Chief Executive Officer	$485,000	$160,000	$64,640	$94,080	—	$46,564	$948,548
F. Justin Strickland	President	$370,000	$30,000	$64,640	$94,080	—	$40,678	$685,894
Michael D. Dowling	Chief Operating Officer and Chief Financial Officer	$287,000	$135,000	$64,640	$94,080	—	$46,348	$662,605

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
R. Arthur Seaver	Chief Executive Officer	$475,000	$157,832	$107,000	$132,740	—	$47,830	$1,044,399
F. Justin Strickland	President	$360,000	$142,945	$85,600	$132,720	—	$43,281	$868,777
Michael D. Dowling	Chief Operating Officer and Chief Financial Officer	$275,000	$119,872	$85,600	$132,740	—	$43,356	$699,438

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
R. Arthur Seaver	Chief Executive Officer	$460,000	$125,000	—	$142,450	—	$42,495	$926,527
F. Justin Strickland	President	$350,000	$115,000	—	$142,450	—	$33,227	$766,110
Michael D. Dowling	Chief Operating Officer and Chief Financial Officer	$250,000	$110,000	—	$142,450	—	$39,770	$590,184

Executive changes

Person	Role	Change	Effective	Filed
Bryan Kennedy	director	Appointed	2026-06-01	2026-06-02
William M. McClatchey, Jr.	director	Appointed	2025-06-01	2025-06-02
Darrin Goss, Sr.	director	Appointed	2025-06-01	2025-06-02
Jennifer S. Cluverius	director	Appointed	2025-06-01	2025-06-02
William M. Aiken, III	Chief Risk Officer	Resigned	2025-03-31	2025-03-13
Julie A. Fairchild	Chief Accounting Officer	Appointed	2024-10-13	2024-10-28
Christian Zych	Executive Vice President and Chief Financial Officer of the Bank	Appointed	2024-05-06	2024-05-07
D. Andrew Borrmann	Chief Financial Officer	Resigned	2024-03-29	2024-02-27
Andy Borrmann	Chief Financial Officer and Executive Vice President	Appointed	—	2023-04-03
D. Andrew Borrmann	Chief Financial Officer of the Company's wholly owned subsidiary, Southern First Bank	Appointed	2023-03-29	2023-04-03
Michael D. Dowling	Chief Financial Officer	Resigned	2023-02-15	2023-01-27
Michael D. Dowling	Chief Operating Officer	Resigned	2023-02-15	2023-01-27
Calvin C. Hurst	President of the Company and the Bank	Appointed	2022-08-18	2022-08-22
Ray A. Lattimore	director	Appointed	2021-06-01	2021-05-20
William A. Maner, IV	director	Appointed	2021-06-01	2021-05-20
Terry Grayson-Caprio	director	Appointed	2021-06-01	2021-05-20
William A. Maner, IV	director	Appointed	2021-06-01	2021-05-18
Ray A. Lattimore	director	Appointed	2021-06-01	2021-05-18
Terry Grayson-Caprio	director	Appointed	2021-06-01	2021-05-18
F. Justin Strickland	President	Resigned	2020-01-21	2020-01-23

Key facts CIK 1090009 CUSIP 842873101 13F (30d) 140 filings 139 filers Visit website Investor relations