Vitals
  • Total Assets
    87.4M 5.8 %
  • Total Deposits
    70.9M 5.9 %
  • Total Net Loans
    59.0M 11.4 %
  • Net Income
    133000.0000 -78.8 %
  • Book Value
    14.0M 104.5 %
  • Book Value x2
    27.9M 104.5 %
  • Book Value x3
    41.9M 104.5 %
ROAA

3.311

ROAE

32.107

Efficiency Ratio

44.577

Net Interest Margin

3.653

Balance Sheet Highlights
Financial Highlights Southern State Bank All Insured Commercial Banks in Arkansas
Balance Sheet $(000)
Total Assets 87,377 210,268
Total Net Loans 59,038 139,933
Total Deposits 70,949 168,495
Total Equity 13,953 22,703
Profitability
Net Income 133 4,006
Return on Average Assets 3.311 1.206
Return on Average Equity 32.107 11.036
Net Interest Margin 3.653 3.985
Efficiency Ratio 44.577 64.575
Noninterest Income/Revenue 6.338 11.775
Balance Sheet Ratios
Loan-to-Deposit 83.212 76.958
Securities/Assets .014 .391
Total Equity/Total Assets .16 .108
Tangible Equity/Tangible Assets .07 -.018
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 6,129 20,565
Tier 2 Capital 753 1,732
Total Capital 6,882 22,418
Total Risk Weighted Assets 60,083 152,756
Leverage Ratio 8.2 10.392
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 10.2 15.318
Total Capital Ratio 11.45 16.428

Timeline for Southern State Bank

Farmers Bank & Trust Company

Southern State Bank was acquired by Farmers Bank & Trust Company 16 years

View Profile Feb 09 2008

Magnolia Banking Corporation

Magnolia Banking Corporation became a new parent organization for Southern State Bank.

View Profile Dec 14 2007

Southern State Bancshares Inc

Southern State Bancshares Inc became a new parent organization for Southern State Bank.

View Profile Dec 11 1996

Southern State Bank

Southern State Bank was established 64 years ago and is currently headquartered in Malvern, AR.

Oct 09 1959
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Farmers Bank & Trust Company Buyer 1,302,440 Pooling of Interests Discontinued 2/9/2008
Relationships Role Relationship Start Relationship End
Magnolia Banking Corporation Parent 12/14/2007 2/8/2008
Southern State Bancshares Inc Parent 12/11/1996 12/13/2007
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