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)

3 Months Ended

Mar. 31, 2022

Notes Tables

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, 2022:
Outstanding January 1, 2022			353,250			$	19.28				3.8			$	23,525
Exercised			(36,500	)			18.65				3.1				2,677
Outstanding March 31, 2022			316,750				19.35				3.7			$	24,446

Exercisable March 31, 2022			255,000			$	14.79				2.8			$	20,056

Three Months Ended March 31, 2021:
Outstanding January 1, 2021			641,450			$	18.15				4.6			$	16,985
Exercised			(187,500	)			9.92				3.3				9,639
Forfeited			(6,000	)			5.82				0.8				79
Outstanding March 31, 2021			447,950				19.64				4.6			$	14,859

Exercisable March 31, 2021			329,700			$	13.57				3.7			$	15,962

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
Three Months Ended March 31, 2022:
Non-vested at January 1, 2022			127,602			$	42.27				12,437			$	37.05
Granted			27,851				84.67				6,557				74.52
Vested			(9,612	)			42.23				-				-
Forfeited			(877	)			40.72				-				-
Non-vested at March 31, 2022			144,964				50.43				18,994				49.99

Three Months Ended March 31, 2021:
Non-vested at January 1, 2021			84,307			$	34.92				-			$	-
Granted			48,217				42.07				12,437				37.05
Vested			(5,158	)			22.72				-				-
Forfeited			(5,575	)			38.96				-				-
Non-vested at March 31, 2021			121,791				38.08				12,437				-