South State Bank Annual Report

We maintain the complete database with all recent information about South State Bank that you may need. With the help of the annual report, you can know the financial health of the bank, see how large it is, and track the dynamics and last trends of all financial indicators. All South State Bank data is relevant for May 2024.

4.58

Address

1101 1st Street S Winter Haven, FL 33880

FDIC Certificate ID

33555

Bank Charter Class

National Bank

Financial report South State Bank

Quarterly

Annually

Change dates

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

June 30, 2022
March 31, 2022
December 31, 2021
September 30, 2021
June 30, 2021
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019
June 30, 2019
March 31, 2019
December 31, 2018
September 30, 2018
June 30, 2018
March 31, 2018
December 31, 2017
September 30, 2017
June 30, 2017
March 31, 2017
December 31, 2016
September 30, 2016
June 30, 2016
March 31, 2016
December 31, 2015
September 30, 2015
June 30, 2015
March 31, 2015
December 31, 2014
September 30, 2014
June 30, 2014
March 31, 2014
December 31, 2013
September 30, 2013
June 30, 2013
March 31, 2013
December 31, 2012
September 30, 2012
June 30, 2012
March 31, 2012
December 31, 2011
September 30, 2011
June 30, 2011
March 31, 2011
December 31, 2010
September 30, 2010
June 30, 2010
March 31, 2010
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009
December 31, 2008
September 30, 2008
June 30, 2008
March 31, 2008
December 31, 2007
September 30, 2007
June 30, 2007
March 31, 2007
December 31, 2006
September 30, 2006
June 30, 2006
March 31, 2006
December 31, 2005
September 30, 2005
June 30, 2005
March 31, 2005
December 31, 2004
September 30, 2004
June 30, 2004
March 31, 2004
December 31, 2003
September 30, 2003
June 30, 2003
March 31, 2003
December 31, 2002
September 30, 2002
June 30, 2002
March 31, 2002
December 31, 2001
September 30, 2001
June 30, 2001
March 31, 2001
December 31, 2000
September 30, 2000
June 30, 2000
March 31, 2000
December 31, 1999
September 30, 1999
June 30, 1999
March 31, 1999
December 31, 1998
September 30, 1998
June 30, 1998
March 31, 1998
December 31, 1997
September 30, 1997
June 30, 1997
March 31, 1997
December 31, 1996
September 30, 1996
June 30, 1996
March 31, 1996
December 31, 1995
September 30, 1995
June 30, 1995
March 31, 1995
December 31, 1994
September 30, 1994
June 30, 1994
March 31, 1994
December 31, 1993
September 30, 1993
June 30, 1993
March 31, 1993
December 31, 1992

2022
2021
2020
2019
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2012
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2014
2013
2012
2011
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2009
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2021
2020
2019
2018
2017
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2014
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Hide dates

All values USD, Dollar figures in thousands

Updated June 30, 2022

Item

2022

2021

2020

2019

2018

Trends

Assets and Liabilities

Total assets

46,193,356

41,943,825

37,669,996

17,136,249

12,326,862

Cash & Balances due from depository institutions

4,582,674

6,830,400

4,503,067

467,928

327,721

Cash items in process of collection

544,327

452,245

453,190

113,196

77,190

Collection in domestic offices

303,549

199,744

191,711

816

309

Currency and coin in domestic offices

240,778

252,501

261,479

112,380

76,881

Balances due from depository institutions in U.S.

219,475

522,380

681,241

212,355

57,399

Balances due from foreign banks

2,784

519

732

366

514

Balances due from FRB

3,816,088

5,855,256

3,367,904

142,011

192,618

Total securities *

8,472,473

7,013,379

4,286,214

2,091,705

1,946,190

U.S. Government securities

7,374,211

6,181,859

3,752,472

1,858,733

1,717,126

U.S. Treasury securities

316,458

N/A

U.S. Government agency obligations

7,057,753

6,181,859

3,752,472

1,858,733

1,717,126

Securities issued by states & political subdivisions

1,068,558

812,689

520,040

225,238

220,628

Other domestic debt securities

29,704

18,831

13,702

5,657

6,427

Privately issued residential mortgage-backed securities

N/A

Asset backed securities

N/A

Structured financial products - Total

N/A

Other domestic debt securities - All other

29,608

18,734

13,702

5,657

6,427

Foreign debt securities

N/A

Equity securities not held for trading

N/A

2,077

2,009

Equity securities available-for-sale

N/A

Credit Loss Allowance for Held to Maturity Debt Securities

N/A

Assets held in trading accounts for TFR Reporters

N/A

General valuation allowances for securities for TFR Reporters

N/A

Federal funds sold and reverse repurchase

139,175

12,497

5,938

21,879

39,363

Net loans and leases

27,689,438

23,818,082

24,497,234

12,086,023

8,341,061

Loan and leases loss allowance**

319,708

301,807

457,307

40,652

39,767

Total loans and leases

28,009,146

24,119,889

24,954,541

12,126,675

8,380,828

Unearned income

N/A

Loans and leases, gross

28,009,146

24,119,889

24,954,541

12,126,675

8,380,828

All real estate loans

21,919,418

19,425,203

18,989,065

10,106,277

6,985,267

Real estate loans in domestic offices

21,919,418

19,425,203

18,989,065

10,106,277

6,985,267

Construction and development loans

2,506,535

2,027,996

1,898,148

1,047,226

643,932

Residential 1-4 family construction

771,413

644,344

577,655

377,659

266,802

Other construction, all land development and other land

1,735,122

1,383,652

1,320,493

669,567

377,130

Secured by nonfarm nonresidential properties

12,528,111

11,256,398

10,615,164

6,073,484

4,155,569

Nonfarm nonresidential secured by owner-occupied properties

5,422,198

4,970,806

4,842,092

2,507,359

1,692,501

Commercial real estate other non-farm non-residential

7,105,913

6,285,592

5,773,072

3,566,125

2,463,068

Multifamily residential real estate

623,522

443,106

388,569

218,452

174,943

1-4 family residential loans

6,151,717

5,583,811

5,952,150

2,669,402

1,905,817

Farmland loans

109,533

113,892

135,034

97,713

105,006

Loans held in foreign offices

N/A

Farm loans

12,831

11,131

12,242

8,517

5,190

Commercial and industrial loans

3,701,985

2,701,172

4,095,640

1,221,144

730,111

Loans to individuals

1,244,840

904,680

894,329

251,924

206,587

Credit card loans

17,929

N/A

Related Plans

40,715

32,286

31,432

23,779

16,201

Consumer Loans - Auto

344,127

297,000

256,791

29,540

27,218

Other loans to individuals

842,069

575,394

606,106

198,605

163,168

All other loans & leases*

1,130,072

1,077,703

963,265

538,813

453,673

Loans to foreign governments and official institutions

N/A

Obligations of states and political subdivisions in U.S.

685,978

645,174

602,020

389,315

332,625

Other loans

444,094

432,529

361,245

148,071

102,793

Lease financing receivables

N/A

1,427

18,255

Loans to depository institutions and acceptances of other banks

N/A

Trading account assets

754,558

486,465

813,437

278,055

94,212

Bank premises and fixed assets

568,473

568,077

579,239

336,385

240,383

Other real estate owned

1,431

2,736

11,914

5,092

2,909

Direct and indirect investments in real estate

N/A

OREO: Real estate acquired

1,431

2,736

11,914

5,092

2,909

Other real estate owned: 1-4 family residential

261

558

816

1,126

947

Other Real Estate Owned: Multi-family residential

N/A

1,755

N/A

Other real estate owned: Commercial real estate

787

1,443

8,024

1,629

757

Other real estate owned:Construction & development

383

735

3,074

582

914

Other real estate owned: Farmland

N/A

291

Foreclosed properties from GNMA loans before June 2018

N/A

Other real estate owned in foreign offices

N/A

Goodwill and other intangibles

2,142,683

1,774,772

1,770,354

1,300,081

872,058

Goodwill

1,922,525

1,581,085

1,563,942

1,204,417

802,880

Mortgage servicing assets

87,463

65,620

43,820

1,332

1,565

All other assets

1,842,451

1,437,417

1,202,599

549,101

462,965

Liabilities and Capital

Total liabilities and capital

46,193,356

41,943,825

37,669,996

17,136,249

12,326,862

Total Liabilities

40,855,797

36,911,461

32,875,193

14,169,209

10,326,899

Total deposits

38,957,084

35,140,717

30,730,056

13,145,474

9,481,764

Deposits held in domestic offices

38,957,084

35,140,717

30,730,056

13,145,474

9,481,764

Individuals, partnerships, and corporations

36,220,479

32,708,602

28,728,094

12,041,118

8,606,821

U.S. Government

N/A

States and political subdivisions in the U.S.

2,215,340

2,430,647

1,846,430

899,637

733,409

Commercial banks and other depository institutions in U.S.

521,265

1,467

155,532

204,719

141,534

Banks in foreign countries

N/A

Foreign governments and official institutions

N/A

Deposits held in foreign offices

N/A

Deposits held in domestic offices

38,957,084

35,140,717

30,730,056

13,145,474

9,481,764

Transaction accounts

23,749,382

6,817,822

4,294,843

1,427,760

990,357

Nontransaction accounts

15,207,702

28,322,894

26,435,213

11,717,714

8,491,407

Money market deposit accounts (MMDAs)

8,886,458

22,162,273

13,213,104

3,525,571

2,216,571

Other savings deposits (excluding MMDAs)

3,616,819

3,350,547

9,473,505

5,935,589

4,452,875

Total time deposits

2,704,424

2,810,076

3,748,603

2,256,554

1,821,961

Federal funds purchased and repurchase agreements

669,999

781,239

779,666

472,334

352,132

Trading liabilities

704,633

457,841

804,832

274,215

92,892

N/A - idobrmtg

2,826

3,039

3,466

154,470

350,000

Subordinated debt

N/A

All other liabilities

521,255

528,625

557,173

122,716

50,111

Total equity capital

5,337,559

5,032,364

4,794,803

2,967,040

1,999,963

Bank equity capital

5,337,559

5,032,364

4,794,803

2,967,040

1,999,963

Perpetual preferred stock

N/A

Common stock

2,498

Surplus

5,006,187

4,321,354

2,603,967

1,770,039

Undivided profits

328,874

708,512

470,951

360,575

227,426

Equity, minor interest in consolidated subs

N/A

Memoranda

Noncurrent loans and leases

90,031

80,281

106,778

50,682

37,773

Income earned, not collected on loans

109,995

90,069

107,601

40,945

33,143

Earning assets

40,410,582

37,275,644

32,840,170

14,558,168

10,532,567

Long-term assets (5+ years)

18,320,848

15,234,098

10,597,901

4,677,510

3,765,100

Average total assets

44,773,100

40,054,473

29,766,993.6

15,295,610.6

10,509,009

Average assets, quarterly

46,187,737.5

41,365,461.5

37,693,122

17,272,673

12,294,100

Total risk weighted assets adjusted

32,065,851

27,185,053

25,487,430

13,715,719

9,312,542

Adjusted average assets for leverage capital purposes

44,362,163

39,680,309

36,265,001

15,965,705

11,387,886

Life insurance assets

953,970

783,049

559,367

330,155

267,820

General account life insurance assets

574,295

484,175

406,813

180,768

124,317

Separate account life insurance assets

N/A

5,228

Hybrid life insurance assets

379,621

298,800

152,554

149,387

138,275

Volatile liabilities

1,229,186

1,420,448

1,583,227

1,252,638

1,085,269

Insider loans

14,015

27,146

42,484

58,823

59,247

FHLB advances

N/A

150,000

350,000

Loans and leases held for sale

73,880

191,723

290,468

142,801

40,399

Unused loan commitments

10,163,531

7,416,312

5,929,845

2,818,303

1,514,359

Tier one (core) capital

3,846,512

3,431,069

3,157,142

1,630,026

1,137,315

Tier 2 Risk-based capital

220,440

163,030

240,365

40,652

39,767

Total unused commitments

10,163,531

7,416,312

5,929,845

2,818,303

1,514,359

Derivatives

21,761,651

21,790,747

19,893,693

11,114,973

5,884,693