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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Notes Tables
Notes Details

Note 7 - Employee and Director Benefits (Tables)

v3.20.1

Note 7 - Employee and Director Benefits (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

	2019
Expected volatility		40.00	%
Expected dividends		1.76	%
Expected term (in years)		6.3
Risk-free rate		2.61	%

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

						Weighted
				Weighted		Average
				Average		Remaining
				Exercise		Contractual		Aggregate
	Shares			Price		Term (years)		Intrinsic Value
								(In Thousands)
Three Months Ended March 31, 2020:
Outstanding January 1, 2020		965,248		$	15.19		4.9	$	21,911
Granted		-			-		-		-
Exercised		(216,000	)		10.47		3.3		4,072
Forfeited		(18,000	)		30.79		6.9		26
Outstanding March 31, 2020		731,248			17.68		5.4	$	12,969

Exercisable March 31, 2020		210,500		$	16.54		5.0	$	7,146

Three Months Ended March 31, 2019:
Outstanding January 1, 2019		1,238,748		$	13.02		5.2	$	23,355
Granted		6,000			34.09		9.8		(2	)
Exercised		(162,500	)		4.59		1.7		4,384
Forfeited		-			-		-		-
Outstanding March 31, 2019		1,082,248			14.41		6.3	$	21,318

Exercisable March 31, 2019		354,800		$	8.40		4.0	$	9,356

Nonvested Restricted Stock Shares Activity [Table Text Block]

	Shares			Weighted Average Grant Date Fair Value
Three Months Ended March 31, 2020:
Non-vested at January 1, 2020		71,290		$	31.53
Granted		15,300			39.45
Vested		(8,376	)		18.64
Forfeited		-			-
Non-vested at March 31, 2020		78,214			34.46

Three Months Ended March 31, 2019:
Non-vested at January 1, 2019		44,076		$	28.94
Granted		2,700			34.09
Vested		(5,200	)		20.31
Forfeited		-			-
Non-vested at March 31, 2019		41,576			30.35

- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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