Southern States Bancshares, Inc.

NasdaqGS SSBK

Southern States Bancshares, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2024: USD 222.30 M

Southern States Bancshares, Inc. Cash and Short-Term Investments is USD 222.30 M for the quarter ending September 30, 2024, a -27.01% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.

Southern States Bancshares, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2023 was USD 304.55 M, a -8.75% change year over year.
Southern States Bancshares, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2022 was USD 333.75 M, a 35.06% change year over year.
Southern States Bancshares, Inc. Cash and Short-Term Investments for the quarter ending September 30, 2021 was USD 247.12 M.

Key data

Date	Cash and Short-Term Investments	Receivables	Inventory	Goodwill

NasdaqGS: SSBK

Southern States Bancshares, Inc.

CEO	Mr. Mark A. Chambers
IPO Date	Aug. 12, 2021
Location	United States
Headquarters	615 Quintard Avenue
Employees	181
Sector	Finance
Industries Banking & Lending Fintech

Description

Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. It offers various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. The company also provides real estate loan products, which include loans for real estate construction and development, residential mortgages, and commercial real estate mortgage loans; commercial and industrial loans; and direct consumer installment loans, overdrafts, and other revolving credit loans. In addition, it offers online and mobile banking, and ATM services. The company operates 15 offices in Alabama and Georgia, as well as a loan production office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.

Key trends

Past 5 years