Southern States Bancshares Inc
NASDAQ:SSBK

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Southern States Bancshares Inc Logo
Southern States Bancshares Inc
NASDAQ:SSBK
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Price: 37.11 USD 0.76% Market Closed
Market Cap: 331m USD
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Balance Sheet

Balance Sheet Decomposition
Southern States Bancshares Inc

Net Loans 2.2B
Investments 479m
PP&E 32.3m
Intangibles 40.3m
Other Assets 118.6m
Total Deposits 2.4B
Short Term Debt 8m
Long Term Debt 91.1m
Other Liabilities 50.4m

Balance Sheet
Southern States Bancshares Inc

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Balance Sheet
Currency: USD
Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Net Loans
696
828
1 018
1 236
1 567
1 860
Investments
134
168
188
434
334
436
PP&E Net
16
20
24
27
27
26
PP&E Gross
16
20
24
27
27
26
Accumulated Depreciation
9
10
12
9
10
11
Intangible Assets
0
2
2
2
1
1
Goodwill
6
17
17
17
17
17
Long-Term Investments
0
0
5
9
4
4
Customer Acceptances Liabilities
0
0
0
0
0
0
Other Assets
36
67
79
71
101
106
Total Assets
888
N/A
1 096
+23%
1 333
+22%
1 783
+34%
2 045
+15%
2 447
+20%
Liabilities
Accounts Payable
0
1
0
0
1
2
Short-Term Debt
8
8
8
13
0
27
Total Deposits
776
951
1 140
1 557
1 721
2 018
Other Interest Bearing Liabilities
0
0
31
26
31
70
Total Current Liabilities
8
9
8
13
1
29
Long-Term Debt
5
5
5
0
86
87
Other Liabilities
4
5
9
10
25
28
Total Liabilities
792
N/A
969
+22%
1 192
+23%
1 605
+35%
1 864
+16%
2 232
+20%
Equity
Common Stock
32
38
38
45
44
44
Retained Earnings
21
24
34
50
74
103
Additional Paid In Capital
44
65
65
81
77
78
Other Equity
1
0
3
2
13
10
Total Equity
96
N/A
127
+33%
141
+11%
177
+26%
182
+3%
215
+18%
Total Liabilities & Equity
888
N/A
1 096
+23%
1 333
+22%
1 783
+34%
2 045
+15%
2 447
+20%
Shares Outstanding
Common Shares Outstanding
9
9
9
9
9
9

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