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

Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Employee and Director Benefits (Tables)

Note 7 - Employee and Director Benefits (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Share-Based Payment Arrangement, Option, Activity [Table Text Block]

										Weighted
						Weighted				Average
						Average				Remaining				Aggregate
						Exercise				Contractual				Intrinsic
		Shares				Price				Term (years)				Value
														(In Thousands)
Six Months Ended June 30, 2023:
Outstanding at January 1, 2023			280,000			$	19.43				3.0			$	14,088
Exercised			(87,700	)			12.04				1.0				2,533
Forfeited			(1,000	)			34.09				5.6				7
Outstanding at June 30, 2023			191,300				22.65				3.4			$	6,235

Exercisable at June 30, 2023			137,800			$	16.83				1.9			$	3,432

Six Months Ended June 30, 2022:
Outstanding at January 1, 2022			353,250			$	19.28				3.8			$	23,525
Exercised			(48,000	)			17.85				2.8				2,931
Outstanding at June 30, 2022			305,250			$	19.51				3.4			$	18,431

Exercisable at June 30, 2022			243,500			$	14.77				2.5			$	15,924

Share-Based Payment Arrangement, Outstanding Award, Activity, Excluding Option [Table Text Block]

		Restricted Stock								Performance Shares
		Shares				Weighted Average Grant Date Fair Value				Shares				Weighted Average Grant Date Fair Value
Six Months Ended June 30, 2023:
Non-vested at January 1, 2023			141,580			$	56.39				23,852			$	54.16
Granted			47,309				60.40				8,091				70.29
Vested			(29,852	)			52.27				-				-
Forfeited			(10,041	)			63.90				-				-
Non-vested at June 30, 2023			148,996			$	57.98				31,943			$	58.25

Six Months Ended June 30, 2022:
Non-vested at January 1, 2022			127,602			$	42.27				12,437			$	37.05
Granted			46,266				83.06				9,165				69.68
Vested			(23,507	)			44.85				-				-
Forfeited			(3,498	)			53.25				-				-
Non-vested at June 30, 2022			146,863			$	54.45				21,602			$	50.89