Southern First Bank Names Wade Shugart to Executive Team

October 23, 2014

GREENVILLE, SC – Southern First Bancshares, Inc. (NASDAQ: SFST), holding company for Southern First Bank, announces the hiring of Mr. Wade Shugart as Executive Vice President and senior lender for the Columbia market.

Shugart brings over 35 years of banking experience most recently as Regional Vice President for Wells Fargo Bank, and has also held positions with The South Financial Group, Synovus Corporation (NBSC) and C & S National Bank.  Shugart is a graduate of The University of South Carolina and Louisiana State University Graduate School of Banking.  He is very active in the Columbia community and currently serves on the boards of the American Red Cross and Central Midlands Council of Governments as well as the Palmetto Hospital Cancer Board and is a member of the Cayce West-Columbia Rotary Club.

“Wade Shugart has extensive experience in the financial industry, and we believe that his leadership and performance will add significant depth to our executive team,” stated Art Seaver, Chief Executive Officer of the company.

 

ABOUT SOUTHERN FIRST BANCSHARES 

Southern First Bancshares, Inc., Greenville, South Carolina is a registered bank holding company incorporated under the laws of South Carolina.  The Company consists of Southern First Bank, the 6th largest bank headquartered in South Carolina.  Southern First Bancshares has been providing financial services since 1999 and now operates in nine locations in the Greenville, Columbia, and Charlestonmarkets of South Carolina.  Southern First Bancshares has assets of approximately $1.0 billion and its common stock is traded in the NASDAQ Global Market under the symbol SFST.  More information can be found at www.southernfirst.com.