Southern States Bank is headquartered in ANNISTON and is the 4th largest bank in the state of Alabama. It is also the 441st largest bank in the nation. It was established in 2007 and as of March of 2025, it had grown to 195 employees at 15 locations. Southern States Bank has an A+ health rating.
This is the most sorrowful bank I’ve ever seen. They lie… they took my overdraft away and my mobile deposit for no reason and then lied to my face and said I never had it. After I’ve done used it twice. I will be drawing all my money out and closing my account first thing
Overall | |
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FDIC Certificate # | 58558 |
Year Established | 2007 |
Employees | 195 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 1.63% |
Return on Equity - YTD | 12.79% |
Annual Interest Income | $43.2MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $2.85B$2.51B |
Loans | Q1 2025vs Q1 2024 | $2.23B$1.94B |
Deposits | Q1 2025vs Q1 2024 | $2.43B$2.12B |
Equity Capital | Q1 2025vs Q1 2024 | $370MM$292.9MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $28.9MM$25.1MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $6.7MM$3.3MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$33K |
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