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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Income Statement

Income Statement
Southern States Bancshares Inc

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Income Statement
Currency: USD
Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Net Interest Income
42
44
47
50
53
55
59
65
71
76
79
81
80
81
84
87
Interest Income
50
51
54
55
58
60
64
71
83
96
110
123
132
142
151
161
Interest Expense
9
7
6
5
5
5
5
7
12
19
31
42
52
61
68
74
Non Interest Income
9
11
11
11
11
8
7
6
9
9
15
15
9
13
8
8
Revenue
50
N/A
55
+9%
58
+6%
61
+5%
64
+5%
63
-1%
66
+4%
70
+7%
80
+14%
85
+7%
94
+10%
96
+2%
89
-7%
95
+7%
92
-4%
95
+3%
Pre-Tax Income
Loan Loss Provision
(3)
(3)
(4)
(3)
(3)
(3)
(3)
(4)
(6)
(6)
(6)
(5)
(6)
(6)
(6)
(7)
Non Interest Expense
(32)
(33)
(34)
(35)
(36)
(37)
(38)
(39)
(40)
(40)
(44)
(48)
(42)
(47)
(45)
(45)
Pre-Tax Income
15
N/A
19
+27%
20
+8%
23
+12%
24
+7%
23
-6%
25
+8%
27
+11%
35
+28%
39
+11%
43
+12%
43
-1%
41
-4%
42
+1%
41
-2%
42
+3%
Net Income
Tax Provision
(3)
(4)
(4)
(5)
(6)
(5)
(6)
(7)
(8)
(9)
(10)
(9)
(9)
(9)
(9)
(9)
Income from Continuing Operations
12
15
16
18
19
17
19
21
27
30
34
34
32
32
32
33
Net Income (Common)
12
N/A
15
+25%
16
+7%
18
+11%
19
+4%
17
-6%
19
+8%
21
+9%
27
+32%
30
+11%
34
+12%
34
0%
32
-5%
32
+1%
32
-2%
33
+2%
EPS (Diluted)
1.39
N/A
1.74
+25%
1.85
+6%
2.13
+15%
2.26
+6%
1.92
-15%
2.12
+10%
2.31
+9%
3.02
+31%
3.33
+10%
3.77
+13%
3.72
-1%
3.54
-5%
3.59
+1%
3.51
-2%
3.34
-5%

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