Southern States Bancshares Inc
NASDAQ:SSBK
Balance Sheet
Balance Sheet Decomposition
Southern States Bancshares Inc
Southern States Bancshares Inc
Balance Sheet
Southern States Bancshares Inc
| Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Net Loans |
696
|
828
|
1 018
|
1 236
|
1 567
|
1 860
|
2 198
|
|
| Investments |
134
|
168
|
188
|
434
|
334
|
436
|
458
|
|
| PP&E Net |
16
|
20
|
24
|
27
|
27
|
26
|
32
|
|
| PP&E Gross |
16
|
20
|
24
|
27
|
27
|
26
|
32
|
|
| Accumulated Depreciation |
9
|
10
|
12
|
9
|
10
|
11
|
12
|
|
| Intangible Assets |
0
|
2
|
2
|
2
|
1
|
1
|
9
|
|
| Goodwill |
6
|
17
|
17
|
17
|
17
|
17
|
33
|
|
| Long-Term Investments |
0
|
0
|
5
|
9
|
4
|
4
|
4
|
|
| Customer Acceptances Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Assets |
36
|
67
|
79
|
71
|
101
|
106
|
129
|
|
| Total Assets |
888
N/A
|
1 096
+23%
|
1 333
+22%
|
1 783
+34%
|
2 045
+15%
|
2 447
+20%
|
2 848
+16%
|
|
| Liabilities | ||||||||
| Accounts Payable |
0
|
1
|
0
|
0
|
1
|
2
|
2
|
|
| Short-Term Debt |
8
|
8
|
8
|
13
|
0
|
27
|
18
|
|
| Total Deposits |
776
|
951
|
1 140
|
1 557
|
1 721
|
2 018
|
2 411
|
|
| Other Interest Bearing Liabilities |
0
|
0
|
31
|
26
|
31
|
70
|
22
|
|
| Total Current Liabilities |
8
|
9
|
8
|
13
|
1
|
29
|
20
|
|
| Long-Term Debt |
5
|
5
|
5
|
0
|
86
|
87
|
91
|
|
| Other Liabilities |
4
|
5
|
9
|
10
|
25
|
28
|
24
|
|
| Total Liabilities |
792
N/A
|
969
+22%
|
1 192
+23%
|
1 605
+35%
|
1 864
+16%
|
2 232
+20%
|
2 568
+15%
|
|
| Equity | ||||||||
| Common Stock |
32
|
38
|
38
|
45
|
44
|
44
|
50
|
|
| Retained Earnings |
21
|
24
|
34
|
50
|
74
|
103
|
134
|
|
| Additional Paid In Capital |
44
|
65
|
65
|
81
|
77
|
78
|
107
|
|
| Other Equity |
1
|
0
|
3
|
2
|
13
|
10
|
11
|
|
| Total Equity |
96
N/A
|
127
+33%
|
141
+11%
|
177
+26%
|
182
+3%
|
215
+18%
|
280
+30%
|
|
| Total Liabilities & Equity |
888
N/A
|
1 096
+23%
|
1 333
+22%
|
1 783
+34%
|
2 045
+15%
|
2 447
+20%
|
2 848
+16%
|
|
| Shares Outstanding | ||||||||
| Common Shares Outstanding |
9
|
9
|
9
|
9
|
9
|
9
|
10
|
|