Southern States Bancshares (Southern States Bancshares) Total Equity : $222.88 Mil (As of Mar. 2024)

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What is Southern States Bancshares Total Equity?

Southern States Bancshares's total equity for the quarter that ended in Mar. 2024 was $222.88 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Southern States Bancshares Total Equity Historical Data

The historical data trend for Southern States Bancshares's Total Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Southern States Bancshares Total Equity Chart

Southern States Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

126.64

140.66

177.20

181.72

214.96

Southern States Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Equity	Get a 7-Day Free Trial													189.66	197.25	201.92	214.96	222.88

Southern States Bancshares Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Southern States Bancshares's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	2446.663	-	2231.699
	=	214.96

Southern States Bancshares's Total Equity for the quarter that ended in Mar. 2024 is calculated as

Total Equity	=	Total Assets(Q: Mar. 2024 )	-	Total Liabilities(Q: Mar. 2024 )
	=	2510.975	-	2288.094
	=	222.88

Southern States Bancshares Total Equity Related Terms

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Southern States Bancshares (Southern States Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern States Bancshares Inc (NAS:SSBK) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

615 Quintard Avenue, Anniston, AL, USA, 36201

Website

https://www.southernstatesbank.net

Southern States Bancshares Inc is a full service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in communities.

Executives

Jonathan Hinton	director	615 QUINTARD AVENUE, ANNISTON AL 36201
Christine Hunsaker	director	1333 S CLEARVIEW PARKWAY, JEFFERSON LA 70121
Cynthia S. Mccarty	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Lynn J Joyce	officer: Chief Financial Officer	1630 4TH AVE NORTH, BESSEMER AL 35020
Daniel Andrew Cummings	director	615 QUINTARD AVENUE, ANNISTON AL 36201
Gregory B. Smith	officer: Chief Risk Officer	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Brent O. Hitson	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Smith J. Henry Iv	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Turner Henry A. Jr.	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Brian Stacey Holmes	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Hayes Alfred J. Jr.	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Lewis C. Beavers	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Jimmy A. Lafoy	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Robert T. Davie	director	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Stephen W. Whatley	director, officer: Chief Executive Officer	7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223