Company Southern States Bancshares, Inc.

Equities

SSBK

US8438783073

Banks

Delayed Nasdaq 11:42:52 2024-04-30 am EDT 5-day change 1st Jan Change
24.32 USD -3.70% Intraday chart for Southern States Bancshares, Inc. -0.96% -16.96%

Business Summary

Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly owned subsidiary, Southern States Bank (the Bank). The Bank 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 its communities. Its franchise is focused on personalized, relationship-driven service combined with local market management and expertise to serve small and medium-sized businesses and individuals. Through its Bank, the Company is engaged in the business of banking, which consists primarily of accepting deposits from the public and making loans and other investments. Its principal sources of funds for loans and investments at its Bank are demand, time, savings, other deposits and the amortization and prepayments of loans and investments. The Bank provides banking services from 13 offices in Alabama and Georgia and two loan production offices (LPOs) in Georgia.

Number of employees: 183

Sales per Business

USD in Million2022Weight2023Weight Delta
Banking and Related Activities
100.0 %
80 100.0 % 89 100.0 % +11.21%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
80 100.0 % 89 100.0 % +11.21%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 06-12-31
Director of Finance/CFO 60 12-12-31
Chief Operating Officer 63 05-12-31
Corporate Officer/Principal 61 05-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 57 23-02-14
Director/Board Member 67 06-12-31
Director/Board Member 57 06-12-31
Director/Board Member 60 06-12-31
Director/Board Member 79 14-12-31
Director/Board Member 73 18-12-31
Director/Board Member 63 19-12-31
Chairman 54 08-12-31
Chief Executive Officer 60 06-12-31
Director/Board Member 54 23-02-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,894,794 7,417,480 ( 83.39 %) 0 83.39 %

Shareholders

NameEquities%Valuation
Strategic Value Bank Partners LLC
9.563 %
848,403 9.563 % 22 M $
Davis Asset Management LP
8.725 %
774,046 8.725 % 20 M $
Davis Asset Management LP
8.725 %
774,046 8.725 % 20 M $
The Banc Funds Co LLC
8.255 %
732,343 8.255 % 19 M $
633,135 7.137 % 16 M $
BlackRock Advisors LLC
4.927 %
437,084 4.927 % 11 M $
AllianceBernstein LP
4.137 %
367,001 4.137 % 10 M $
Vanguard Fiduciary Trust Co.
3.911 %
346,985 3.911 % 9 M $
341,005 3.844 % 9 M $
189,056 2.131 % 5 M $

Company contact information

Southern States Bancshares, Inc.

615 Quintard Avenue

36201, Anniston

+256 241 1092

http://southernstatesbank.net
address Southern States Bancshares, Inc.(SSBK)

Group companies

NameCategory and Sector
Regional Banks
  1. Stock Market
  2. Equities
  3. SSBK Stock
  4. Company Southern States Bancshares, Inc.