Southern States Bank


Overview / Commentary
256-241-1092
615 Quintard Avenue
Anniston, AL 36202

Southern States Bank is headquartered in ANNISTON and is the 7th largest bank in the state of Alabama. It is also the 532nd largest bank in the nation. It was established in 2007 and as of March of 2023, it had grown to 188 employees at 13 locations. Southern States Bank has an A+ health rating.

Reviews (1)

Sorry Service

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



Health
A+

Health Grade Components

Overall
FDIC Certificate #58558
Year Established2007
Employees188
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.65%
Return on Equity - YTD13.68%
Annual Interest Income$28.7MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$2.14B$1.80B
LoansQ1 2023vs Q1 2022$1.63B$1.30B
DepositsQ1 2023vs Q1 2022$1.81B$1.55B
Equity CapitalQ1 2023vs Q1 2022$257.0MM$206.9MM
Loan Loss AllowanceQ1 2023vs Q1 2022$19.9MM$15.5MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$934.00K$3.1MM
Real Estate OwnedQ1 2023vs Q1 2022$2.9MM$2.9MM
Rates

Sorry, we do not have rate data for Southern States Bank.

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.