Southern States Bank is headquartered in Anniston and is the 7th largest bank in the state of Alabama. It is also the 609th largest bank in the nation. It was established in 2007 and as of December of 2021, it had grown to 196 employees at 15 locations. Southern States Bank has an A+ health rating.
|FDIC Certificate #||58558|
|Return on Assets - YTD||1.27%|
|Return on Equity - YTD||11.48%|
|Annual Interest Income||$57.8MM|
|Assets and Liabilities|
|Assets||Q4 2021vs Q4 2020||$1.78B$1.33B|
|Loans||Q4 2021vs Q4 2020||$1.24B$1.02B|
|Deposits||Q4 2021vs Q4 2020||$1.56B$1.14B|
|Equity Capital||Q4 2021vs Q4 2020||$188.5MM$152.7MM|
|Loan Loss Allowance||Q4 2021vs Q4 2020||$14.8MM$11.9MM|
|Unbacked Noncurrent Loans||Q4 2021vs Q4 2020||$2.0MM$3.5MM|
|Real Estate Owned||Q4 2021vs Q4 2020||$2.9MM$10.2MM|
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