SouthState Bank CorpSSB
Market cap
$8.9B
P/E ratio
| Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Cash and due from banks | 130 | 186 | 185 | 230 | 321 | 202 | 256 | 251 | 262 | 363 | 477 | 548 | 511 | 526 |
| Federal funds sold and interest-earning deposits with banks | - | - | - | - | - | - | - | - | - | - | 6,019 | 580 | 236 | 594 |
| Deposits in other financial institutions (restricted cash) | 2 | 16 | 33 | 7 | 77 | 36 | 118 | 125 | 427 | 664 | 348 | 184 | 252 | 273 |
| Total cash and cash equivalents | 171 | 381 | 479 | 418 | 696 | 374 | 378 | 409 | 689 | 4,609 | 6,843 | 1,313 | 999 | 1,392 |
| Trading Securities , Fair Value | - | - | - | - | - | - | - | - | - | 11 | 78 | 31 | 31 | 103 |
| Securities held to maturity (fair value of $1,834,527 and $2,084,736) | - | - | - | - | - | - | - | - | - | - | - | - | 2,487 | 2,255 |
| Securities available for sale, at fair value | - | - | - | - | - | - | - | - | - | - | - | - | 4,784 | 4,321 |
| Other investments | - | - | - | - | - | - | - | 26 | 49 | 160 | 161 | 180 | 192 | 224 |
| Total investment securities | - | - | - | - | - | - | - | 1,543 | 2,005 | 4,447 | - | 8,190 | 7,464 | 6,799 |
| Loans held for sale | - | - | - | - | 42 | 51 | 71 | 23 | 59 | 291 | 192 | 29 | 51 | 279 |
| Acquired - non-purchased credit deteriorated loans | - | - | - | - | - | - | - | - | - | - | - | - | 4,797 | 3,636 |
| Acquired - purchased credit deteriorated loans | - | - | - | - | - | - | - | - | - | - | - | - | 1,109 | 862 |
| Non-acquired loans | - | - | - | - | - | - | - | - | - | - | - | - | 26,483 | 29,405 |
| Total loans | - | - | - | - | - | - | - | - | - | - | - | - | 32,388 | 33,903 |
| Less allowance for credit losses | - | - | - | - | - | - | - | - | - | - | - | - | 457 | 465 |
| Loans, net | - | - | - | - | - | - | - | - | - | - | - | - | 31,932 | 33,438 |
| Premises and equipment, net | - | - | - | - | - | - | - | - | - | 579 | 558 | 521 | 519 | 503 |
| Bank Owned Life Insurance | - | 43 | 97 | 99 | 102 | 104 | 225 | 230 | 235 | 559 | 783 | 965 | 991 | 1,013 |
| Deferred tax assets | - | - | - | - | 38 | 31 | 46 | 37 | 31 | 111 | 65 | 178 | 164 | 180 |
| Derivatives assets | - | - | - | - | - | - | - | - | - | 814 | 415 | 211 | 173 | 161 |
| Servicing Asset | - | - | 21 | 22 | 26 | 29 | 31 | 35 | 31 | 44 | 66 | 87 | 85 | 90 |
| Core deposit and other intangibles | - | - | - | - | - | 40 | 74 | 63 | 50 | 163 | 128 | 116 | 89 | 66 |
| Goodwill | - | - | - | - | - | 338 | 1,000 | 1,003 | 1,003 | 1,564 | 1,581 | 1,923 | 1,923 | 1,900 |
| Other assets | 60 | 30 | 43 | 73 | 61 | 73 | 127 | 119 | 176 | 344 | 439 | 516 | 467 | 434 |
| Total assets | 3,897 | 5,136 | 7,931 | 7,826 | 8,557 | 8,901 | 14,467 | 14,676 | 15,921 | 37,790 | 41,960 | 43,919 | 44,902 | 46,381 |
| Noninterest-bearing | 658 | 982 | 1,488 | 1,640 | 1,976 | 2,199 | 3,047 | 3,062 | 3,245 | 9,711 | 11,499 | 13,169 | 10,649 | 10,192 |
| Interest-bearing | 2,596 | 3,316 | 5,068 | 4,821 | 5,124 | 5,135 | 8,485 | 8,585 | 8,932 | 20,983 | 23,556 | 23,182 | 26,400 | 27,869 |
| Total deposits | 3,254 | 4,298 | 6,555 | 6,461 | 7,100 | 7,334 | 11,533 | 11,647 | 12,177 | 30,694 | 35,055 | 36,351 | 37,049 | 38,061 |
| Federal funds purchased | - | - | - | - | - | - | - | - | - | 385 | 381 | 214 | 248 | 260 |
| Securities sold under agreements to repurchase | - | - | - | - | - | - | - | - | - | 395 | 400 | 343 | 241 | 255 |
| Corporate and subordinated debentures | - | - | - | - | - | - | - | - | - | 390 | 327 | 392 | 392 | 392 |
| Other borrowings | - | - | - | - | - | - | - | - | - | - | - | - | 100 | - |
| Reserve for unfunded commitments | - | - | - | - | - | - | - | - | - | 43 | 31 | 67 | 56 | 45 |
| Derivative Liability | - | - | - | - | - | - | - | - | - | 805 | 410 | 1,034 | 804 | 880 |
| Other liabilities | 33 | 37 | 81 | 58 | 54 | 62 | 122 | 126 | 256 | 430 | 553 | 443 | 478 | 598 |
| Total liabilities | 3,515 | 4,629 | 6,950 | 6,841 | 7,498 | 7,766 | 12,158 | 12,310 | 13,548 | 33,142 | 37,157 | 38,844 | 39,369 | 40,491 |
| Common Stock, Value, Issued | 35 | 42 | 60 | 60 | 60 | 61 | 92 | 90 | 84 | 177 | 173 | 189 | 190 | 191 |
| Surplus | 233 | 329 | 762 | 702 | 704 | 711 | 1,808 | 1,750 | 1,608 | 3,765 | 3,653 | 4,216 | 4,240 | 4,260 |
| Retained earnings | 116 | 136 | 169 | 223 | 299 | 371 | 420 | 551 | 680 | 657 | 998 | 1,347 | 1,685 | 2,047 |
| Accumulated other comprehensive loss | -3 | 0 | -10 | -0 | -4 | -8 | -10 | -25 | 1 | 48 | -21 | -677 | -583 | -607 |
| Total shareholders' equity | 382 | 508 | 981 | 985 | 1,059 | 1,135 | 2,309 | 2,366 | 2,373 | 4,648 | 4,803 | 5,075 | 5,533 | 5,890 |
| Total liabilities and shareholders' equity | 3,897 | 5,136 | 7,931 | 7,826 | 8,557 | 8,901 | 14,467 | 14,676 | 15,921 | 37,790 | 41,960 | 43,919 | 44,902 | 46,381 |