Vitals
  • Total Assets
    631.7M 19.1 %
  • Total Deposits
    524.2M 20.8 %
  • Total Net Loans
    497.9M 20.5 %
  • Net Income
    6.3M 193.8 %
  • Book Value
    84.5M 46.8 %
  • Book Value x2
    168.9M 46.8 %
  • Book Value x3
    253.4M 46.8 %
ROAA

1.116

ROAE

9.782

Efficiency Ratio

61.394

Net Interest Margin

4.59

Balance Sheet Highlights
Financial Highlights Southern States Bank All Insured Commercial Banks in Alabama
Balance Sheet $(000)
Total Assets 631,695 266,812
Total Net Loans 497,907 157,006
Total Deposits 524,184 227,200
Total Equity 84,469 30,855
Profitability
Net Income 6,317 2,603
Return on Average Assets 1.116 .91
Return on Average Equity 9.782 7.525
Net Interest Margin 4.59 3.872
Efficiency Ratio 61.394 69.238
Noninterest Income/Revenue 12.764 15.218
Balance Sheet Ratios
Loan-to-Deposit 94.987 65.031
Securities/Assets .067 .23
Total Equity/Total Assets .134 .116
Tangible Equity/Tangible Assets .123 .114
Capital Adequacy
Tier 1 Common Capital 79,218 30,655
Tier 1 Capital 79,218 30,655
Tier 2 Capital 4,949 1,864
Total Capital 84,167 32,526
Total Risk Weighted Assets 571,464 184,216
Leverage Ratio 13.2 11.829
Common Equity Tier 1 Capital Ratio 13.86 18.757
Tier 1 Capital Ratio 13.86 18.762
Total Capital Ratio 14.73 19.824

Timeline for Southern States Bank

Columbus Community Bank

Acquisition: Southern States Bank acquired a new subsidiary, Columbus Community Bank, 8 years

View Profile Oct 23 2015

Alabama Trust Bank, National Association

Acquisition: Southern States Bank acquired a new subsidiary, Alabama Trust Bank, National Association, 11 years

View Profile May 19 2012

Southern States Bancshares, Inc.

Southern States Bancshares, Inc. became a new parent organization for Southern States Bank.

View Profile Jan 16 2009

Southern States Bank

Southern States Bank was established 16 years ago and is currently headquartered in Anniston, AL.

Aug 27 2007
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Columbus Community Bank Seller 132,584 Acquisition Discontinued 10/23/2015
Alabama Trust Bank, National Association Seller 51,553 Failure 5/19/2012
Relationships Role Relationship Start Relationship End
Southern States Bancshares, Inc. Parent 1/16/2009
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