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Southern States Bancshares (Southern States Bancshares) Total Deposits : $2,018.19 Mil (As of Dec. 2023)


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What is Southern States Bancshares Total Deposits?

Southern States Bancshares's annual total deposits increased from Dec. 2021 ($1,556.45 Mil) to Dec. 2022 ($1,720.74 Mil) and increased from Dec. 2022 ($1,720.74 Mil) to Dec. 2023 ($2,018.19 Mil).

Southern States Bancshares Total Deposits Historical Data

The historical data trend for Southern States Bancshares's Total Deposits 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.

* Premium members only.

Southern States Bancshares Total Deposits Chart

Southern States Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Deposits
950.51 1,139.66 1,556.45 1,720.74 2,018.19

Southern States Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Deposits Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,789.49 1,923.91 1,916.40 2,018.19 2,109.80

Southern States Bancshares Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Southern States Bancshares (Southern States Bancshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern States Bancshares Inc (NAS:SSBK) » Definitions » Total Deposits
Comparable Companies
NASB OVLY PKBK MBCN PLBC RVRF USCB CHMG FVCB PBFS CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
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