Southern States Bancshares, Inc.
DelistedCIK 1689731fmd_1E21KFBH1D5JWMCGFFW72H11AFFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials
Coverage: Jan 01, 2020 to Mar 31, 2025, 20 periods
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|
| Total interest income | 50 | 58 | 83 | 132 | 170 |
| Total revenues | 1 | 2 | 2 | 2 | 2 |
| Net interest income | 42 | 53 | 71 | 80 | 92 |
| Provision for credit losses | 3 | 3 | 6 | 6 | 5 |
| Net interest income after provision | 38 | 50 | 66 | 74 | 87 |
| Non-interest income | 9 | 11 | 9 | 9 | 7 |
| Compensation and benefits | 19 | 22 | 25 | 26 | 26 |
| Non-interest expense | 32 | 36 | 40 | 42 | 49 |
| Interest expense | 9 | 5 | 12 | 52 | 78 |
| Income before taxes | 15 | 24 | 35 | 41 | 46 |
| Income tax expense | 3 | 6 | 8 | 9 | 11 |
| Net income from continuing operations | 12 | 19 | 27 | 32 | 35 |
| Net income | 12 | 19 | 27 | 32 | 35 |
| Net income to common shareholders | 12 | 19 | 27 | 32 | 35 |