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
Net income------88179186121476496494535
Depreciation and amortization--------334663655957
Provision for credit losses30142767121413236-1658211416
Deferred income taxes-------15-1-44681242-11
Losses (gains) on sale of securities, net-----01-130000-0
Share-based Compensation.2234667992326363628
Accretion of discount related to acquired loans----10-751628135630362114
(Gains) losses on disposal of premises and equipment-0-0-0-1-10-0-2-4-5-1-3-00
Gains on sale of bank properties held for sale and repossessed real estate-813822-02-012421
Net amortization of premiums and discounts on investment securities-2-4-4-4-4--------20-19
Other Real Estate Write Downs-----421112020
Fair value adjustment for loans held for sale----101-1-1576-10
Originations and purchases of loans held for sale5499088477468447716826318602,9593,0451,4128811,842
Proceeds from sales of loans held for sale5468899017168647627466808253,2973,2091,5668631,246
Gains on sales of loans held for sale---------12072-3425
Increase in cash surrender value of BOLI---------1018232528
Accrued interest receivable-2-5-131223119-1733209
Prepaid assets-4-1-2-511-0-22913-28
Operating leases----------2000
Bank owned life insurance---------10123
Trading securities----------35-460-282
Derivative assets----------99-399-208-38-11
Miscellaneous other assets-2413551432145-2779-06-6
Accrued interest payable-4-2-2-2-2-1-120-4-4351-16
Accrued income taxes2-1340-2113020-9-78-54-176352
Derivative liabilities----------114-395742-23075
Decrease in Other Liabilities15-95-21-29733674119-144-6141
Net cash provided by operating activities------1982841815375371,731547512
Proceeds from Sale of Available-for-sale Securities, Debt-------732431011514821302
Proceeds from maturities and calls of investment securities held to maturity31320343-3105230191228
Proceeds from maturities and calls of investment securities available for sale100102142152224384236225308957805576591512
Proceeds from Sale of Other Investments813173001516072213214145
Purchases of investment securities available for sale-------1919561,3092,9421,3828097
Purchases of investment securities held to maturity---------9589751,100--
Purchases of other investment securities1--8-15182486220227140
Net increase in loans-----690637391363156-7453,8552,2341,541
Net cash received from acquisitions----------40---
Net cash received from acquisitions------185--2,566-250--
Recoveries of loans previously charged off-----43341214191617
Purchase of bank owned life insurance----------206866-
Purchases of premises and equipment198141615261515161728183936
Proceeds from Sale of Insurance Investments---------200369
Proceeds from Sale of Other Real Estate-7672653524191481943211215
Proceeds from sale of premises and equipment00040000078610
Net cash used in investing activities-------61-282-7951,230-2,319-4,860-1,426-886
Increase (Decrease) in Deposits-291-143-265-942012342261155302,9024,368-1,7807001,013
Increase (Decrease) in Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Net-1235-27106726-28-1628792-225-6726
Proceeds from borrowings--------70050025-6,0504,000
Repayment of borrowings-----03915401501,200101135,9504,100
Common stock issuance361111111122333
Common stock repurchases011166671159321471191617
Dividends paid10101520242939515898135147156163
Stock options exercised11211221123236
Net cash provided by (used in) financing activities-------134308942,1544,016-2,280566767
Net increase (decrease) in cash and cash equivalents-------312803,9212,234-5,409-314393
Interest------185286875567441742
Income taxes-------32561041263575111
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability--------1091013111
Pooling of SBA loans held for sale into trading securities-------------354
Fair value of tangible assets acquired--------7-18,825353,501--
Other intangible assets acquired41660---443-141-21--
Liabilities assumed--------1-17,27123,206--
Net identifiable assets acquired over liabilities assumed-5976231---467-3-56116342--
Common stock issued in acquisition---------2,246-660--
Real estate acquired in full or in partial settlement of loans----31141213954246