Southern States Bancshares, Inc. Annual Amortization of Intangible Assets in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Southern States Bancshares, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • Southern States Bancshares, Inc. Amortization of Intangible Assets for the quarter ending March 31, 2024 was $82K, unchanged year-over-year.
  • Southern States Bancshares, Inc. annual Amortization of Intangible Assets for 2023 was $327K, a 19.3% increase from 2022.
  • Southern States Bancshares, Inc. annual Amortization of Intangible Assets for 2022 was $274K, a 3.79% increase from 2021.
  • Southern States Bancshares, Inc. annual Amortization of Intangible Assets for 2021 was $264K, unchanged from 2020.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $327K +$53K +19.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-14
2022 $274K +$10K +3.79% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-14
2021 $264K $0 0% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-14
2020 $264K Jan 1, 2020 Dec 31, 2020 10-K 2022-03-18
* An asterisk sign (*) next to the value indicates that the value is likely invalid.