SouthState Bank, National Association
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10). Excellent current capitalization (8.7 on a scale of 0 to 10) based on a risk-based capital ratio of 13.6 and a capital leverage ratio of 10.2.
Other Rating Factors:
A current level of 3.8 percent of nonperforming loans to core capital combined with 2.7 percent from a year earlier contributes to the Good asset quality (5.8). Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.0 has resulted in Good (5.6) profitability.
Asset Mix:
Comm re (31%), home mtgs (14%), securities (12%), comm loans (10%), cash (5%), home eq lns (3%), consumer loans (2%), other (23%)
States with Branches:
AL, FL, GA, NC, SC, VA
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
SouthState Corporation
Investment Rating
--
Address
1101 First Street, South
Winter Haven, FL 33880
Winter Haven, FL 33880
Phone Number
(863) 551-5500
Year Founded
1992
FDIC Number
Website
Largest Affiliates
No affiliate information available.