SouthState Corporation (SSB)

SouthState Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3,464	1,119	747.36	1,129	6,496	3,946
Investment Securities	6,285	1,696	1,944	2,296	1,619	1,056
Trading Asset Securities	95.31	264.42	204.26	242.28	492.43	824.57
Mortgage-Backed Securities	2,146	4,935	5,347	5,729	5,409	3,245
Total Investments	8,527	6,895	7,495	8,267	7,520	5,126
Gross Loans	47,267	33,903	32,388	30,178	23,928	24,664
Allowance for Loan Losses	-621.05	-465.28	-456.57	-356.44	-301.81	-457.31
Net Loans	46,646	33,438	31,932	29,821	23,626	24,207
Property, Plant & Equipment	964.88	502.56	519.2	520.64	558.5	579.24
Goodwill	3,094	1,923	1,923	1,923	1,581	1,564
Other Intangible Assets	433.46	66.46	88.78	116.45	128.07	162.59
Loans Held for Sale	318.99	279.43	50.89	28.97	191.72	290.47
Accrued Interest Receivable	-	157.2	153.5	133.6	89.8	107
Restricted Cash	-	272.78	251.52	183.69	226	663.54
Other Current Assets	-	3.27	12.4	17.75	9.58	36.01
Long-Term Deferred Tax Assets	-	179.88	164.35	177.8	64.96	110.95
Other Real Estate Owned & Foreclosed	26.07	2.77	1.42	1.17	3.47	12.26
Other Long-Term Assets	2,419	1,524	1,540	1,583	1,327	969.99
Total Assets	65,893	46,381	44,902	43,919	41,838	37,790
Interest Bearing Deposits	39,978	26,775	25,472	22,695	22,953	20,168
Institutional Deposits	-	1,094	927.21	487.19	603.17	814.21
Non-Interest Bearing Deposits	13,719	10,192	10,649	13,169	11,499	9,711
Total Deposits	53,697	38,061	37,049	36,351	35,055	30,694
Short-Term Borrowings	630.56	1,395	1,394	1,591	1,070	1,584
Current Portion of Leases	-	16.82	-	-	-	-
Long-Term Debt	1,100	273.66	274.27	274.87	209.9	245.85
Long-Term Leases	-	88.72	108.3	115.6	115.9	118.3
Trust Preferred Securities	-	117.87	117.64	117.4	117.17	144.33
Other Long-Term Liabilities	1,665	538.09	426.14	394.71	467.92	355.13
Total Liabilities	57,092	40,491	39,369	38,844	37,036	33,142
Common Stock	253.75	190.81	190.06	189.26	173.33	177.43
Additional Paid-In Capital	6,679	4,260	4,240	4,216	3,653	3,765
Retained Earnings	2,240	2,047	1,685	1,347	997.66	657.45
Comprehensive Income & Other	-372.11	-606.92	-582.54	-677.09	-21.15	47.59
Shareholders' Equity	8,801	5,890	5,533	5,075	4,803	4,648
Total Liabilities & Equity	65,893	46,381	44,902	43,919	41,838	37,790
Total Debt	1,730	1,892	1,894	2,098	1,513	2,093
Net Cash (Debt)	1,829	-508.13	-942.26	-727.28	5,475	2,677
Net Cash Growth	-	-	-	-	104.51%	-
Net Cash Per Share	20.47	-6.62	-12.32	-9.67	77.24	48.62
Filing Date Shares Outstanding	101.5	101.36	76.24	75.8	68.84	71.02
Total Common Shares Outstanding	101.5	76.32	76.01	75.65	69.33	70.96
Book Value Per Share	86.71	77.18	72.80	67.08	69.28	65.50
Tangible Book Value	5,274	3,901	3,521	3,035	3,094	2,921
Tangible Book Value Per Share	51.96	51.11	46.33	40.12	44.62	41.17

Updated May 2, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q