On February 26, 2024, D. Andrew Borrmann, Chief Financial Officer of Southern First Bancshares, Inc. (the Company) and Southern First Bank (the Bank and together with the Company, the Employer), notified the Employer that he is resigning from his roles with the Employer, effective March 29, 2024. Mr. Borrmann has served as Southern First?s executive vice president and chief financial officer since April 2023. He was previously employed with Colony Bank where he served most recently as Chief Financial Officer and Chief Strategy Officer.

He was with Colony Bank since it merged with SouthCrest Bank in 2021 where he served as Chief Financial Officer since 2011. Mr. Borrmann is a 1996 graduate of Arizona State University with a degree in Finance.