Southern States Bank is headquartered in Anniston and is the 8th largest bank in the state of Alabama. It is also the 599th largest bank in the nation. It was established in 2007 and as of March of 2022, it had grown to 189 employees at 15 locations. Southern States Bank has an A+ health rating.
|FDIC Certificate #||58558|
|Return on Assets - YTD||1.12%|
|Return on Equity - YTD||10.11%|
|Annual Interest Income||$15.9MM|
|Assets and Liabilities|
|Assets||Q1 2022vs Q1 2021||$1.80B$1.46B|
|Loans||Q1 2022vs Q1 2021||$1.30B$1.07B|
|Deposits||Q1 2022vs Q1 2021||$1.55B$1.26B|
|Equity Capital||Q1 2022vs Q1 2021||$206.9MM$156.6MM|
|Loan Loss Allowance||Q1 2022vs Q1 2021||$15.5MM$12.6MM|
|Unbacked Noncurrent Loans||Q1 2022vs Q1 2021||$3.1MM$3.7MM|
|Real Estate Owned||Q1 2022vs Q1 2021||$2.9MM$10.2MM|
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