Vitals
  • Total Assets
    8.9B 3.9 %
  • Total Deposits
    7.4B 3.4 %
  • Total Net Loans
    6.7B 11.3 %
  • Net Income
    109.5M 4.0 %
  • Book Value
    1.2B 6.7 %
  • Book Value x2
    2.3B 6.7 %
  • Book Value x3
    3.5B 6.7 %
ROAA

1.256

ROAE

9.7

Efficiency Ratio

62.298

Net Interest Margin

4.217

Balance Sheet Highlights
Financial Highlights South State Bank All Insured Commercial Banks in South Carolina
Balance Sheet $(000)
Total Assets 8,896,533 396,146
Total Net Loans 6,693,898 246,095
Total Deposits 7,361,637 337,242
Total Equity 1,161,973 39,753
Profitability
Net Income 109,480 2,936
Return on Average Assets 1.256 .658
Return on Average Equity 9.7 6.043
Net Interest Margin 4.217 3.683
Efficiency Ratio 62.298 77.076
Noninterest Income/Revenue 28.79 19.526
Balance Sheet Ratios
Loan-to-Deposit 90.93 72.161
Securities/Assets .113 .198
Total Equity/Total Assets .131 .1
Tangible Equity/Tangible Assets .085 .099
Capital Adequacy
Tier 1 Common Capital 815,823 39,215
Tier 1 Capital 815,823 39,215
Tier 2 Capital 40,565 2,972
Total Capital 856,388 42,275
Total Risk Weighted Assets 6,763,487 268,714
Leverage Ratio 9.58 10.143
Common Equity Tier 1 Capital Ratio 12.06 15.311
Tier 1 Capital Ratio 12.06 15.311
Total Capital Ratio 12.66 16.421

Timeline for South State Bank

46 Broad Street, Llc

46 Broad Street, Llc became a new subsidiary organization for South State Bank.

View Profile Dec 31 2013

First Federal Bank

Acquisition: South State Bank acquired a new subsidiary, First Federal Bank, 10 years

View Profile Jul 27 2013

First Southeast Investor Services, Inc.

First Southeast Investor Services, Inc. became a new subsidiary organization for South State Bank.

View Profile Jul 27 2013

First Southeast 401(K) Fiduciaries, Inc.

First Southeast 401(K) Fiduciaries, Inc. became a new subsidiary organization for South State Bank.

View Profile Jul 27 2013

Port City Ventures, Llc

Port City Ventures, Llc became a new subsidiary organization for South State Bank.

View Profile Jul 27 2013

Want to see more?

Complete timeline for South State Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
First Federal Bank Seller 3,165,281 Acquisition Discontinued 7/27/2013
Bryan Bank & Trust Seller 214,782 Acquisition Discontinued 12/14/2012
The Savannah Bank, National Association Seller 671,528 Acquisition Discontinued 12/14/2012
Bank Of Anderson, National Association Seller 138,681 Acquisition Discontinued 4/25/2012
Seneca National Bank Seller 80,714 Acquisition Discontinued 4/25/2012
The Peoples National Bank Seller 303,777 Acquisition Discontinued 4/25/2012
Bankmeridian, N.A. Seller 232,648 Failure 7/30/2011
Habersham Bank Seller 387,681 Failure 2/19/2011
Community Bank & Trust Seller 1,181,717 Failure 1/30/2010
South Carolina Bank And Trust Of The Piedmont, National Association Seller 301,816 Pooling of Interests Discontinued 12/6/2008
The Scottish Bank, National Association Seller 270,117 Pooling of Interests Discontinued 11/8/2008
Mortgage Banc, Inc., The Seller Pooling of Interests Discontinued 10/15/2007
Sunbank, N.A. Seller 115,019 Pooling of Interests Discontinued 3/25/2006
New Commerce Bancorp Seller Acquisition Discontinued 4/9/2005
New Commerce Bank, National Association Seller 97,436 Acquisition Discontinued 4/9/2005
South Carolina Bank And Trust Of The Pee Dee, National Association Seller 54,999 Pooling of Interests Discontinued 7/12/2003
Firstbank, National Association Seller 98,248 Pooling of Interests Discontinued 8/28/1999
Santee Cooper State Bank Seller 38,818 Discontinued 1/1/1993
First National Bank Seller Discontinued 5/6/1969
Relationships Role Relationship Start Relationship End
South State Corporation Parent 5/31/1985
Minis & Co., Inc. Subsidary 12/14/2012
First Southeast Investor Services, Inc. Subsidary 7/27/2013
First Southeast 401(K) Fiduciaries, Inc. Subsidary 7/27/2013
Port City Ventures, Llc Subsidary 7/27/2013
46 Broad Street, Llc Subsidary 12/31/2013
First Southeast Reinsurance Company, Inc. Subsidary 7/27/2013 3/10/2014
Savb Holdings, Llc Subsidary 12/14/2012 12/21/2012
Mortgage Banc, Inc., The Subsidary 4/7/2004 10/14/2007
First Securities Corporation Subsidary 8/28/1999 12/28/2000
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