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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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Southern States Bancshares, Inc. quarterly/annual Interest Expense history and growth rate from Q2 2020 to Q2 2024.
- Southern States Bancshares, Inc. Interest Expense for the quarter ending June 30, 2024 was $19.4M, a 52.3% increase year-over-year.
- Southern States Bancshares, Inc. Interest Expense for the twelve months ending June 30, 2024 was $67.6M, a 119% increase year-over-year.
- Southern States Bancshares, Inc. annual Interest Expense for 2023 was $52.1M, a 353% increase from 2022.
- Southern States Bancshares, Inc. annual Interest Expense for 2022 was $11.5M, a 137% increase from 2021.
- Southern States Bancshares, Inc. annual Interest Expense for 2021 was $4.86M, a 44.1% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)