ServisFirst Bancshares, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Leases (Tables)

Note 6 - Leases (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

		June 30, 2020
		(In Thousands)
2020 (remaining)		$	1,709
2021			2,721
2022			2,655
2023			2,181
2024			1,180
thereafter			2,570
Total lease payments			13,016
Less: imputed interest			(1,182	)
Present value of operating lease liabilities		$	11,834

Lease, Cost [Table Text Block]

				Three Months Ended June 30, 2020				Three Months Ended June 30, 2019
Operating lease cost				$	873			$	842
Short-term lease cost					16				7
Variable lease cost					44				52
Sublease income					(29	)			(6	)
Net lease cost				$	904			$	895

				Six Months Ended June 30, 2020				Six Months Ended June 30, 2019
Operating lease cost				$	1,747			$	1,691
Short-term lease cost					32				13
Variable lease cost					88				102
Sublease income					(45	)			(12	)
Net lease cost				$	1,822			$	1,794