Southern States Bancshares, Inc. financial data

Location
Anniston, AL
Fiscal year end
31 December
Latest financial report
10-Q - Q1 2025 - 05 May 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 937% % -9.8%
Return On Equity 14% % -11%
Return On Assets 1.3% % -1.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9,922,708 shares 12%
Common Stock, Shares, Outstanding 9,922,180 shares 12%
Entity Public Float $226,400,000 USD 32%
Common Stock, Value, Issued $49,986,000 USD 12%
Weighted Average Number of Shares Outstanding, Basic 9,979,120 shares 12%
Weighted Average Number of Shares Outstanding, Diluted 10,072,329 shares 11%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $2,123,000 USD 18%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $48,547,000 USD 17%
Income Tax Expense (Benefit) $11,447,000 USD 25%
Net Income (Loss) Attributable to Parent $37,100,000 USD 15%
Earnings Per Share, Basic 4 USD/shares 4.9%
Earnings Per Share, Diluted 4 USD/shares 6.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net $31,728,000 USD 21%
Operating Lease, Right-of-Use Asset $911,000 USD 69%
Goodwill $33,176,000 USD 97%
Assets $2,851,145,000 USD 14%
Liabilities $2,560,961,000 USD 12%
Accumulated Other Comprehensive Income (Loss), Net of Tax $7,503,000 USD 11%
Retained Earnings (Accumulated Deficit) $143,530,000 USD 31%
Stockholders' Equity Attributable to Parent $290,184,000 USD 30%
Liabilities and Equity $2,851,145,000 USD 14%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $9,610,000 USD -16%
Net Cash Provided by (Used in) Financing Activities $6,299,000 USD -112%
Net Cash Provided by (Used in) Investing Activities $34,170,000 USD 57%
Common Stock, Shares Authorized 30,000,000 shares 0%
Common Stock, Shares, Issued 9,922,180 shares 12%
Common Stock, Par or Stated Value Per Share 5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $30,859,000 USD -128%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $229,375,000 USD -3.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities $18,871,000 USD 7.2%
Deferred Tax Assets, Gross $15,381,000 USD 9%
Operating Lease, Liability $922,000 USD 69%
Payments to Acquire Property, Plant, and Equipment $12,000 USD -91%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $37,998,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid $1,007,000 USD 69%
Property, Plant and Equipment, Gross $44,007,000 USD 19%
Lessee, Operating Lease, Liability, to be Paid, Year Two $255,000 USD 106%
Lessee, Operating Lease, Liability, to be Paid, Year One $279,000 USD 56%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) $7,000 USD 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $85,000 USD 67%
Lessee, Operating Lease, Liability, to be Paid, Year Three $253,000 USD 99%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $159,000 USD 22%
Additional Paid in Capital $107,480,000 USD 36%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets $400,000 USD 388%
Interest Expense $18,285,000 USD 2.2%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%