Servisfirst Bank Mortgage Rates, Fees & Info

Birmingham, AL

LEI: 549300XSS1CPK8G7B851

Tax ID: 20-2451671

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Servisfirst Bank is a smaller bank specializing in Home Purchase and Refi loans. Servisfirst Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Birmingham, Dallas, Huntsville, Nashville, and Pensacola among others. We have data for 77 markets. (Some data included below & more in-depth data is available with an active subscription.)

Servisfirst Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Servisfirst Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
Home Equity Line of Credit (HELOC)	6.27%	4/28/24
30 Year Conventional Purchase	6.71%	4/28/24
30 Year Conventional Refi	6.70%	4/28/24
30 Year Cash-out Refi	7.02%	4/28/24
30 Year FHA Purchase	7.37%	4/28/24
30 Year VA Purchase	6.46%	4/28/24
15 Year Conventional Purchase	6.18%	4/28/24
15 Year Conventional Refi	6.09%	4/28/24
15 Year Cash-out Refi	6.09%	4/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Servisfirst Bank Mortgage Calculator

Purchase Price:

Loan Amount:

Deposit Amount:

% Deposit:

Interest Rate:

Loan Type:

Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Servisfirst Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.

Originations

1,184

Origination Dollar Volume (All Markets)

$929,090,000

Employee count

502

Awards

ServisFirst Bank 30 Year Conventional Loans bronze

Show all (2) awards

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market	Originations	Total Value	Average Loan	Average Fees	Average Rate
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	313	$164,145,000	$524,425	$4,118	3.33%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	6	$81,360,000	$13,560,000	$0	3.25%
HUNTSVILLE, AL (FHA\|USDA\|VA)	131	$59,245,000	$452,252	$4,433	3.15%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	21	$58,105,000	$2,766,905	$8,919	3.31%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	83	$57,235,000	$689,578	$5,552	3.58%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	81	$52,625,000	$649,691	$4,072	3.28%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	77	$52,205,000	$677,987	$4,869	3.53%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	2	$46,900,000	$23,450,000	$3,784	2.83%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	6	$33,140,000	$5,523,333	$3,886	3.92%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	39	$32,315,000	$828,590	$8,528	3.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	19	$25,505,000	$1,342,368	$5,287	3.55%
GULFPORT-BILOXI, MS (FHA\|USDA\|VA)	2	$21,830,000	$10,915,000	$0	4.13%
MOBILE, AL (FHA\|USDA\|VA)	63	$18,955,000	$300,873	$3,328	3.33%
MONTGOMERY, AL (FHA\|USDA\|VA)	51	$18,825,000	$369,118	$3,724	3.43%
TALLAHASSEE, FL (FHA\|USDA\|VA)	2	$18,450,000	$9,225,000	$0	4.25%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	4	$16,960,000	$4,240,000	$4,986	3.59%
DOTHAN, AL (FHA\|USDA\|VA)	70	$15,570,000	$222,429	$3,623	3.23%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	17	$15,065,000	$886,176	$8,824	3.37%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	5	$12,865,000	$2,573,000	$3,341	3.55%
COLUMBUS, GA-AL (FHA\|USDA\|VA)	27	$11,945,000	$442,407	$4,375	3.83%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	24	$10,610,000	$442,083	$4,484	3.31%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	1	$10,005,000	$10,005,000	$0	3.78%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	2	$9,850,000	$4,925,000	$0	4.13%
Paducah, KY-IL (FHA\|USDA\|VA)	1	$9,705,000	$9,705,000	$0	3.65%
Outside of Metro Areas	16	$8,460,000	$528,750	$6,264	3.25%
AUBURN-OPELIKA, AL (FHA\|USDA\|VA)	12	$7,270,000	$605,833	$3,183	3.53%
Alexander City, AL (FHA\|USDA\|VA)	9	$6,195,000	$688,333	$4,221	3.43%
MACON-BIBB COUNTY, GA (FHA\|USDA\|VA)	2	$5,100,000	$2,550,000	$0	4.13%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	2	$4,730,000	$2,365,000	$31,055	3.50%
Breckenridge, CO (FHA\|USDA\|VA)	1	$4,675,000	$4,675,000	$55,682	3.75%
TYLER, TX (FHA\|USDA\|VA)	1	$3,805,000	$3,805,000	$0	4.25%
Jackson, WY-ID (FHA\|USDA\|VA)	1	$3,645,000	$3,645,000	$47,064	3.75%
TUSCALOOSA, AL (FHA\|USDA\|VA)	10	$3,420,000	$342,000	$6,051	3.45%
PANAMA CITY, FL (FHA\|USDA\|VA)	13	$3,135,000	$241,154	$4,601	3.55%
Statesboro, GA (FHA\|USDA\|VA)	1	$2,775,000	$2,775,000	$0	4.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	1	$2,035,000	$2,035,000	$0	4.35%
Vineyard Haven, MA (FHA\|USDA\|VA)	2	$1,510,000	$755,000	$8,852	4.13%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	1	$1,225,000	$1,225,000	$6,638	4.25%
Cullowhee, NC (FHA\|USDA\|VA)	2	$1,100,000	$550,000	$5,725	3.25%
SUMTER, SC (FHA\|USDA\|VA)	1	$1,045,000	$1,045,000	$17,828	3.75%
Albertville, AL (FHA\|USDA\|VA)	5	$1,035,000	$207,000	$5,219	3.33%
Cullman, AL (FHA\|USDA\|VA)	2	$1,020,000	$510,000	$5,930	3.00%
Ozark, AL (FHA\|USDA\|VA)	3	$795,000	$265,000	$0	4.33%
DECATUR, AL (FHA\|USDA\|VA)	5	$795,000	$159,000	$4,338	3.72%
WARNER ROBINS, GA (FHA\|USDA\|VA)	3	$735,000	$245,000	$4,103	3.04%
SEBRING-AVON PARK, FL (FHA\|USDA\|VA)	1	$695,000	$695,000	$0	4.15%
Atmore, AL (FHA\|USDA\|VA)	2	$690,000	$345,000	$2,964	3.25%
ALBANY, GA (FHA\|USDA\|VA)	2	$660,000	$330,000	$3,340	3.63%
JACKSONVILLE, FL (FHA\|USDA\|VA)	2	$550,000	$275,000	$3,405	3.56%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$545,000	$545,000	$4,571	3.00%
Talladega-Sylacauga, AL (FHA\|USDA\|VA)	4	$520,000	$130,000	$2,880	3.31%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	1	$515,000	$515,000	$4,723	2.75%
HICKORY-LENOIR-MORGANTON, NC (FHA\|USDA\|VA)	1	$505,000	$505,000	$2,718	2.63%
ASHEVILLE, NC (FHA\|USDA\|VA)	1	$465,000	$465,000	$0	3.13%
PUNTA GORDA, FL (FHA\|USDA\|VA)	2	$450,000	$225,000	$4,942	3.56%
JACKSON, MS (FHA\|USDA\|VA)	2	$440,000	$220,000	$3,025	2.94%
DURHAM-CHAPEL HILL, NC (FHA\|USDA\|VA)	1	$425,000	$425,000	$3,490	2.75%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	1	$395,000	$395,000	$4,028	2.99%
Seneca, SC (FHA\|USDA\|VA)	1	$365,000	$365,000	$2,815	3.25%
Jasper, AL (FHA\|USDA\|VA)	4	$350,000	$87,500	$3,227	3.00%
Fort Payne, AL (FHA\|USDA\|VA)	1	$345,000	$345,000	$3,664	3.50%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	1	$345,000	$345,000	$3,973	2.13%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	1	$325,000	$325,000	$0	3.95%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	1	$295,000	$295,000	$0	4.00%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA\|USDA\|VA)	1	$285,000	$285,000	$0	4.25%
FLINT, MI (FHA\|USDA\|VA)	1	$285,000	$285,000	$3,108	3.00%
Enterprise, AL (FHA\|USDA\|VA)	2	$270,000	$135,000	$2,837	3.31%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	1	$215,000	$215,000	$4,488	3.13%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	1	$215,000	$215,000	$3,133	3.50%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	1	$195,000	$195,000	$1,603	2.38%
Tullahoma-Manchester, TN (FHA\|USDA\|VA)	1	$185,000	$185,000	$2,492	2.63%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	1	$175,000	$175,000	$3,641	3.38%
Cornelia, GA (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,197	3.13%
Meridian, MS (FHA\|USDA\|VA)	1	$125,000	$125,000	$5,130	3.25%
LaGrange, GA-AL (FHA\|USDA\|VA)	1	$105,000	$105,000	$2,687	2.13%
FLORENCE-MUSCLE SHOALS, AL (FHA\|USDA\|VA)	1	$55,000	$55,000	$2,428	3.00%
Selma, AL (FHA\|USDA\|VA)	1	$35,000	$35,000	$2,565	3.49%

Servisfirst Bank's top markets include Birmingham, Dallas, Huntsville, Nashville, and Pensacola among others.

Their top states include:

Alabama (FHA|USDA|VA)

Florida (FHA|USDA|VA)

South Carolina (FHA|USDA|VA)

Texas (FHA|USDA|VA)

Tennessee (FHA|USDA|VA)

Similar Lenders

We use machine learning to identify the top lenders compared against ServisFirst Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

HARVESTERS FEDERAL CREDIT UNION
Similarity Rank: 210

Emory Alliance Credit Union
Similarity Rank: 305

Gulf Winds Credit Union
Similarity Rank: 324

KELLEY MORTGAGE, LLC
Similarity Rank: 336

MORTGAGE ONE OF THE SOUTH, INC.
Similarity Rank: 476

Barley Mortgage, LLC
Similarity Rank: 552

Five Star Credit Union
Similarity Rank: 589

BankPlus
Similarity Rank: 630

Eglin Federal Credit Union
Similarity Rank: 636

First Vision Bank of Tennessee
Similarity Rank: 657

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	1,146	$919,800,000	$802,618	$4,579	3.40%
FHA	23	$4,695,000	$204,130	$6,832	2.93%
VA	15	$4,595,000	$306,333	$8,213	3.02%

For 2021, Servisfirst Bank's most frequently originated type of loan was Conventional, with 1,146 originations. Their 2nd most popular type was FHA, with 23 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	611	$550,835,000	$901,530	$5,020	3.59%
Refi	346	$219,560,000	$634,566	$4,021	3.12%
Cash Out Refi	208	$80,480,000	$386,923	$4,881	3.13%
Home Improvement	16	$75,580,000	$4,723,750	$4,627	4.34%
Other	2	$2,430,000	$1,215,000	$20,813	3.88%
NA	1	$205,000	$205,000	$0	4.50%

For 2021, Servisfirst Bank's most frequently cited loan purpose was Home Purchase, with 611 originations. The 2nd most popular reason was Refi, with 346 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	696	$270,170,000	$388,175	$4,976	3.23%
5 Year	216	$422,870,000	$1,957,731	$1,422	4.18%
15 Year	136	$38,540,000	$283,382	$3,568	2.50%
Other	57	$86,785,000	$1,522,544	$12,390	4.21%
10 Year	27	$15,555,000	$576,111	$1,376	3.09%
1 Year	22	$15,310,000	$695,909	$5,189	4.19%
20 Year	16	$4,130,000	$258,125	$3,720	2.88%
3 Year	14	$75,730,000	$5,409,286	$0	3.99%

For 2021, Servisfirst Bank's most frequently cited loan duration was 30 Year, with 696 originations. The 2nd most popular length was 5 Year, with 216 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	580	$184,970,000	$318,914
$2k-3k	106	$24,660,000	$232,642
$5k+	70	$79,670,000	$1,138,143
$<1k	63	$20,005,000	$317,540
$3k-4k	47	$15,085,000	$320,957
$4k-5k	19	$7,395,000	$389,211

Servisfirst Bank's average total fees were $4,976, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 580 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	481	$376,475,000	$782,692
2.5-3%	365	$281,645,000	$771,630
4-5%	192	$228,150,000	$1,188,281
<2.5%	136	$39,780,000	$292,500
5-6%	9	$2,865,000	$318,333
6-7%	1	$175,000	$175,000

During 2021, Servisfirst Bank's average interest rate for loans was 3.23%, while their most frequently originated rate bucket for loans was 3-4%, with 481 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	407	$118,475,000	$291,093	$3,924	3.20%
$100k-200k	290	$43,930,000	$151,483	$3,303	3.39%
$400k-600k	207	$101,105,000	$488,430	$4,593	3.12%
$1MM+	120	$601,530,000	$5,012,750	$18,595	3.94%
$100,000 or less	85	$5,505,000	$64,765	$2,445	3.77%
$600k-1MM	75	$58,545,000	$780,600	$8,463	3.74%

2021 saw Servisfirst Bank place emphasis on $200k-400k loans with 407 originations, totaling $118,475,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	227	$155,305,000	$684,163	$7,586	3.31%
$150k-250k	202	$78,170,000	$386,980	$4,219	3.15%
$100k-150k	159	$46,745,000	$293,994	$3,725	2.99%
$50k-75k	119	$24,335,000	$204,496	$3,512	3.13%
$75k-100k	119	$30,855,000	$259,286	$3,922	3.13%
$50k or less	105	$15,145,000	$144,238	$3,381	3.34%

Servisfirst Bank lent most frequently to those with incomes in the $250k+ range, with 227 originations. The second most popular income band? $150k-250k, with 202 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	237	$90,445,000	$381,624	$4,694	3.10%
<20%	195	$79,695,000	$408,692	$4,679	3.06%
30-36%	150	$59,670,000	$397,800	$4,642	3.19%
44%	40	$11,540,000	$288,500	$4,268	3.10%
36%	32	$11,010,000	$344,063	$5,449	3.43%
37%	32	$12,740,000	$398,125	$5,032	3.16%
43%	29	$5,815,000	$200,517	$4,258	3.44%
42%	28	$7,510,000	$268,214	$4,182	3.27%
38%	26	$11,230,000	$431,923	$4,753	3.27%
39%	23	$8,005,000	$348,043	$5,425	3.40%
40%	21	$9,115,000	$434,048	$4,624	3.31%
41%	20	$7,290,000	$364,500	$5,000	3.12%
48%	18	$5,190,000	$288,333	$4,283	3.12%
45%	16	$3,480,000	$217,500	$3,362	3.23%
47%	14	$4,630,000	$330,714	$5,709	2.96%
49%	11	$3,625,000	$329,545	$4,831	2.83%
46%	9	$2,675,000	$297,222	$3,299	3.15%
50-60%	7	$1,515,000	$216,429	$6,152	3.16%
>60%	1	$1,835,000	$1,835,000	$0	4.25%

Servisfirst Bank lent most frequently to those with DTI ratios of 20-30%, with 237 originations. The next most common DTI ratio? <20%, with 195 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
Not applicable	243	$574,355,000	$2,363,601	$2,147	4.14%
White	753	$306,955,000	$407,643	$4,895	3.17%
Not provided	66	$20,950,000	$317,424	$3,894	3.16%
Black	97	$19,115,000	$197,062	$4,038	3.37%
Asian	19	$5,975,000	$314,474	$3,604	3.11%
American Indian	4	$1,450,000	$362,500	$3,680	2.94%
Asian Indian	2	$290,000	$145,000	$4,502	3.00%

Approval Rates

Total approvals of all applications
98.26%

Servisfirst Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
85.73%

Servisfirst Bank has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	1,184	$929,090,000	$784,704

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	1,184	$929,090,000	$784,704

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	65	$22,845,000	$351,462	$4,307	3.14%
40-60%	201	$174,505,000	$868,184	$4,596	3.14%
60-80%	536	$498,170,000	$929,422	$4,374	3.44%
80-100%	347	$222,175,000	$640,274	$5,291	3.47%
Over 100%	10	$8,210,000	$821,000	$13,855	3.70%
Under 20%	20	$2,480,000	$124,000	$1,421	3.24%

Complaints

Bank Name	Product	Issue	2021 CPFB Complaints	% of Total Issues
SERVICEMAC, LLC	FHA mortgage	Trouble during payment process	4	14.8%
SERVICEMAC, LLC	VA mortgage	Trouble during payment process	4	14.8%
SERVICEMAC, LLC	Conventional home mortgage	Applying for a mortgage or refinancing an existing mortgage	1	3.7%
SERVICEMAC, LLC	Conventional home mortgage	Closing on a mortgage	2	7.4%
SERVICEMAC, LLC	Conventional home mortgage	Struggling to pay mortgage	2	7.4%
SERVICEMAC, LLC	Conventional home mortgage	Trouble during payment process	14	51.9%

Bank Details

Branches

Bank Name	Branch	Branch Type	Deposits (000's)
Servisfirst Bank	4801 West Main Street, Brightleaf Court, Suite 12 Dothan, AL 36305	Full Service B&M	$705,660
Servisfirst Bank	4980 North 12th Avenue Pensacola, FL 32504	Full Service B&M	$62,540
Servisfirst Bank	5403 Highway 280, Suite 401 Hoover, AL 35244	Full Service B&M	$60,622
Servisfirst Bank	561 Fairhope Avenue, Suite 101 Fairhope, AL 36532	Full Service B&M	$50,492
Servisfirst Bank	701 East Bay Street Charleston, SC 29403	Full Service B&M	$286,499
Servisfirst Bank	7256 Halcyon Park Dr Montgomery, AL 36117	Full Service B&M	$52,413
Servisfirst Bank	100 South Main Street, Suite 1 Summerville, SC 29483	Full Service B&M	$10,437
Servisfirst Bank	1267-A Enterprise Way Huntsville, AL 35806	Full Service B&M	$50,892
Servisfirst Bank	1500 Freedom Self Storage Rd, Suite 1 Fort Walton Beach, FL 32547	Full Service B&M	$0
Servisfirst Bank	1610 West End Ave, Suite 109 Nashville, TN 37203	Full Service B&M	$601,576
Servisfirst Bank	1640 Ross Clark Circle, Sutie 307 Dothan, AL 36301	Full Service B&M	$42,336
Servisfirst Bank	2 North Royal Street Mobile, AL 36602	Full Service B&M	$375,825
Servisfirst Bank	219 East Garden Street Pensacola, FL 32502	Full Service B&M	$492,927
Servisfirst Bank	247 Tamiami Trail South Venice, FL 34285	Full Service B&M	$127,622
Servisfirst Bank	2500 Woodcrest Place Birmingham, AL 35209	Full Service B&M	$4,685,441
Servisfirst Bank	2801 Chapel Hill Road Douglasville, GA 30135	Full Service B&M	$319,470
Servisfirst Bank	300 Galleria Parkway, Suites 100 And 350 Atlanta, GA 30339	Full Service B&M	$312,161
Servisfirst Bank	316 Racetrack Road Ne Fort Walton Beach, FL 32547	Full Service B&M	$57,343
Servisfirst Bank	324 Richard Arrington Blvd Birmingham, AL 35203	Full Service B&M	$86,902
Servisfirst Bank	401 Meridian Street, Suite 100 Huntsville, AL 35801	Full Service B&M	$1,082,216
Servisfirst Bank	4221 West Boy Scout Blvd., Ste.100 Tampa, FL 33607	Full Service B&M	$392,261
Servisfirst Bank	4400 0ld Shell Road Mobile, AL 36608	Full Service B&M	$69,366
Servisfirst Bank	One Commerce Street Ste 200 Montgomery, AL 36104	Full Service B&M	$1,044,790

For 2021, Servisfirst Bank had 23 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$416,305
Net interest income	$387,263
Total noninterest income	$29,506
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$6,654
Trading account gains and fees	$0
Additional Noninterest Income	$22,852
Pre-tax net operating income	$256,313
Securities gains (or losses, -)	$620
Income before extraordinary items	$210,449
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$210,449
Minority interest net income	$0
Net income	$210,449
Sale, conversion, retirement of capital stock, net	$2,542
Net operating income	$209,940

Servisfirst Bank's gross interest income from loans was $416,305,000.
Servisfirst Bank's net interest income from loans was $387,263,000.
Servisfirst Bank's fee based income from loans was $6,654,000.
Servisfirst Bank's net income from loans was $210,449,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$29,042
Provision for credit losses	$31,517
Total noninterest expense	$128,939
Salaries and employee benefits	$67,728
Premises and equipment expense	$11,404
Additional noninterest expense	$49,807
Applicable income taxes	$46,484
Net charge-offs	$2,799
Cash dividends	$46,063

Servisfirst Bank's interest expense for loans was $29,042,000.
Servisfirst Bank's payroll and benefits expense were $67,728,000.
Servisfirst Bank's property, plant and equipment expenses $11,404,000.

Loan Performance

Type of Loan	% of Loans Noncurrent (30+ days, end of period snapshot)
All loans	0.0%
Real Estate loans	0.0%
Construction & Land Development loans	0.0%
Nonfarm, nonresidential loans	0.0%
Multifamily residential loans	0.0%
1-4 family residential loans	0.0%
HELOC loans	0.0%
All other family	0.0%
Commercial & industrial loans	0.0%
Personal loans	0.0%
Credit card loans	0.2%
Other individual loans	0.0%
Auto loans	0.0%
Other consumer loans	0.0%
Unsecured commercial real estate loans	0.0%

Deposits

Type	Value (in 000's)
Total deposits	$12,467,389
Deposits held in domestic offices	$12,467,389
Deposits by Individuals, partnerships, and corporations	$9,588,598
Deposits by U.S. Government	$14,871
Deposits by States and political subdivisions in the U.S.	$668,032
Deposits by Commercial banks and other depository institutions in U.S.	$2,195,888
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$2,419,580
Demand deposits	$1,885,774
Nontransaction accounts	$10,047,809
Money market deposit accounts (MMDAs)	$9,102,707
Other savings deposits (excluding MMDAs)	$131,955
Total time deposits	$813,147
Total time and savings deposits	$10,581,615
Noninterest-bearing deposits	$4,814,320
Interest-bearing deposits	$7,653,069
Retail deposits	$11,910,238
IRAs and Keogh plan accounts	$32,491
Brokered deposits	$50,000
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$15,447,515
Cash & Balances due from depository institutions	$4,163,724
Interest-bearing balances	$4,106,790
Total securities	$1,305,527
Federal funds sold & reverse repurchase	$58,372
Net loans and leases	$9,417,388
Loan and leases loss allowance	$116,660
Trading account assets	$0
Bank premises and fixed assets	$78,216
Other real estate owned	$1,197
Goodwill and other intangibles	$13,638
All other assets	$409,453

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$15,447,515
Total Liabilities	$14,234,165
Total deposits	$12,467,389
Interest-bearing deposits	$7,653,069
Deposits held in domestic offices	$12,467,389
% insured (estimated)	$33
Federal funds purchased and repurchase agreements	$1,711,777
Trading liabilities	$0
Other borrowed funds	$0
Subordinated debt	$0
All other liabilities	$54,999

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$9,417,388
Loan and leases loss allowance	$116,660
Total loans and leases (domestic)	$9,534,048
All real estate loans	$6,483,143
Real estate loans in domestic offices	$6,483,143
Construction and development loans	$1,103,076
Residential 1-4 family construction	$208,084
Other construction, all land development and other land	$894,992
Loans secured by nonfarm nonresidential properties	$3,998,277
Nonfarm nonresidential secured by owner-occupied properties	$1,874,103
Commercial real estate & other non-farm, non-residential	$2,124,174
Multifamily residential real estate	$459,122
1-4 family residential loans	$827,880
Farmland loans	$94,788
Loans held in foreign offices	$0
Farm loans	$96,085
Commercial and industrial loans	$2,878,101
To non-U.S. addressees	$0
Loans to individuals	$62,812
Credit card loans	$12,155
Related Plans	$21,149
Consumer Auto Loans	$2,486
Other loans to individuals	$27,022
All other loans & leases	$13,906
Loans to foreign governments and official institutions	$0
Other loans	$4,041
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$52,555
Loans secured by real estate to non-U.S. addressees	$0
Restructured Loans & leases	$0
Non 1-4 family restructured loans & leases	$0
Total loans and leases (foreign)	$0

ServisFirst Bank had $9,417,388,000 of loans outstanding in 2021. $6,483,143,000 of loans were in real estate loans. $1,103,076,000 of loans were in development loans. $459,122,000 of loans were in multifamily mortgage loans. $827,880,000 of loans were in 1-4 family mortgage loans. $96,085,000 of loans were in farm loans. $12,155,000 of loans were in credit card loans. $2,486,000 of loans were in the auto loan category.

Small Business Loans

Categorization	# of Loans in Category	$ amount of loans (in 000's)	Average $/loan
Nonfarm, nonresidential loans - <$1MM	2,561	$661,580	$258,329
Nonfarm, nonresidential loans - <$100k	178	$8,581	$48,208
Nonfarm, nonresidential loans - $100-250k	467	$65,867	$141,043
Nonfarm, nonresidential loans - $250k-1MM	1,916	$587,132	$306,436
Commercial & Industrial, US addressed loans - <$1MM	6,524	$796,178	$122,038
Commercial & Industrial, US addressed loans - <$100k	2,951	$81,499	$27,617
Commercial & Industrial, US addressed loans - $100-250k	1,643	$163,125	$99,285
Commercial & Industrial, US addressed loans - $250k-1MM	1,930	$551,554	$285,779
Farmland loans - <$1MM	86	$17,824	$207,256
Farmland loans - <$100k	11	$441	$40,091
Farmland loans - $100-250k	35	$5,635	$161,000
Farmland loans - $250k-1MM	40	$11,748	$293,700
Agriculture operations loans - <$1MM	147	$16,055	$109,218
Agriculture operations loans - <$100k	56	$1,765	$31,518
Agriculture operations loans - $100-250k	42	$3,828	$91,143
Agriculture operations loans - $250k-1MM	49	$10,462	$213,510