Southern States Bancshares, Inc.
NASDAQ:SSBK
36.37 (USD) • At close June 30, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
| Assets: | |||||||
| Current Assets: | |||||||
| Cash & Cash Equivalents
| 181.154 | 154.556 | 105.458 | 209.934 | 74.732 | 91.119 | 84.954 |
| Short Term Investments
| 118.27 | 97.421 | 155.544 | 132.172 | 114.001 | 59.947 | 0 |
| Cash and Short Term Investments
| 299.424 | 250.651 | 261.002 | 342.106 | 188.733 | 151.066 | 84.954 |
| Net Receivables
| 10.111 | 8.711 | 6.963 | 4.17 | 4.243 | 2.986 | 0 |
| Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets
| 0 | 0 | 0 | 0 | 0 | 0 | 89.692 |
| Total Current Assets
| 309.535 | 260.688 | 267.965 | 346.276 | 192.976 | 154.052 | 89.692 |
| Non-Current Assets: | |||||||
| Property, Plant & Equipment, Net
| 32.048 | 26.426 | 27.345 | 27.044 | 24.426 | 20.126 | 16.31 |
| Goodwill
| 33.176 | 16.862 | 16.862 | 16.862 | 16.862 | 16.862 | 6.041 |
| Intangible Assets
| 8.939 | 0.899 | 1.226 | 1.5 | 1.764 | 2.028 | 0.334 |
| Goodwill and Intangible Assets
| 42.115 | 17.761 | 18.088 | 18.362 | 18.626 | 18.89 | 6.375 |
| Long Term Investments
| 2,300.543 | 1,965.44 | 1,592.151 | 1,266.76 | 1,028.969 | 830.754 | 65.019 |
| Tax Assets
| 0 | 0 | 0 | 0 | 0 | 0 | 3.007 |
| Other Non-Current Assets
| 164.013 | 176.348 | 139.655 | 124.15 | 67.509 | 71.669 | 707.726 |
| Total Non-Current Assets
| 2,538.719 | 2,187.997 | 1,777.239 | 1,436.316 | 1,139.53 | 941.439 | 798.436 |
| Total Assets
| 2,848.254 | 2,446.663 | 2,044.866 | 1,782.97 | 1,332.506 | 1,095.491 | 888.128 |
| Liabilities & Equity: | |||||||
| Current Liabilities: | |||||||
| Account Payables
| 2.172 | 1.519 | 0.584 | 0.132 | 0.278 | 0.473 | 0 |
| Short Term Debt
| 40 | 58 | 31 | 12.498 | 7.975 | 7.984 | 7.5 |
| Tax Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue
| 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities
| 2,411.297 | 2,018.189 | 1,720.743 | 1,556.451 | 1,139.661 | 950.513 | 117.9 |
| Total Current Liabilities
| 2,453.469 | 2,077.708 | 1,752.327 | 1,569.081 | 1,147.914 | 958.97 | 125.399 |
| Non-Current Liabilities: | |||||||
| Long Term Debt
| 91.224 | 183.673 | 86.295 | 25.95 | 35.393 | 4.478 | 4.462 |
| Deferred Revenue Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 0 | 0 | 0.825 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities
| 23.672 | -29.682 | 24.863 | 0 | 8.543 | 5.406 | 662.27 |
| Total Non-Current Liabilities
| 114.896 | 153.991 | 111.158 | 36.313 | 43.936 | 9.884 | 667.254 |
| Total Liabilities
| 2,568.365 | 2,231.699 | 1,863.147 | 1,605.772 | 1,191.85 | 968.854 | 792.653 |
| Equity: | |||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock
| 49.821 | 44.479 | 43.714 | 45.064 | 38.391 | 38.254 | 32.416 |
| Retained Earnings
| 134.075 | 102.523 | 73.764 | 49.858 | 34.183 | 23.918 | 20.689 |
| Accumulated Other Comprehensive Income/Loss
| -7.936 | -8.379 | -11.048 | 2.113 | 3.194 | 0.265 | -1.236 |
| Other Total Stockholders Equity
| 103.929 | 76.341 | 75.289 | 80.163 | 64.888 | 64.2 | 43.607 |
| Total Shareholders Equity
| 279.889 | 214.964 | 181.719 | 177.198 | 140.656 | 126.637 | 95.475 |
| Total Equity
| 279.889 | 214.964 | 181.719 | 177.198 | 140.656 | 126.637 | 95.475 |
| Total Liabilities & Shareholders Equity
| 2,848.254 | 2,446.663 | 2,044.866 | 1,782.97 | 1,332.506 | 1,095.491 | 888.128 |