GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SouthState Corp (NYSE:SSB) » Definitions » Capital Adequacy Tier - Tier 1 Ratio %

SouthState (SouthState) Capital Adequacy Tier - Tier 1 Ratio % : 11.80% (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is SouthState Capital Adequacy Tier - Tier 1 Ratio %?

Capital Adequacy Tier - Tier 1 Ratio % is the ratio of a bank’s core tier 1 capital, which includes its equity capital and disclosed reserves, to its total risk-weighted assets. It is a key measure of a bank's financial strength and should not fall lower than 6% as per Basel III rules.

SouthState's Capital Adequacy Tier - Tier 1 Ratio % for the quarter that ended in Dec. 2023 was 11.80% , which is higher than 11.50% for the pervious quarter ended in Sep. 2023.

SouthState's Capital Adequacy Tier - Tier 1 Ratio % for the annual that ended in Dec. 2023 was 11.75% , which is higher than 10.96% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for SouthState's Capital Adequacy Tier - Tier 1 Ratio % or its related term are showing as below:

SSB's Capital Adequacy Tier - Tier 1 Ratio % is not ranked *
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Capital Adequacy Tier - Tier 1 Ratio % only.

SouthState Capital Adequacy Tier - Tier 1 Ratio % Historical Data

The historical data trend for SouthState's Capital Adequacy Tier - Tier 1 Ratio % 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.

SouthState Capital Adequacy Tier - Tier 1 Ratio % Chart

SouthState Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capital Adequacy Tier - Tier 1 Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Capital Adequacy Tier - Leverage Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Capital Adequacy Tier - Total Capital Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Efficiency Overhead Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only
Net Charge Offs to Average Loans %
Get a 7-Day Free Trial Premium Member Only Premium Member Only

SouthStateQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capital Adequacy Tier - Tier 1 Ratio %
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Capital Adequacy Tier - Leverage Ratio %
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Capital Adequacy Tier - Total Capital Ratio %
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Efficiency Overhead Ratio %
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only
Net Charge Offs to Average Loans %
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only

Competitive Comparison of SouthState's Capital Adequacy Tier - Tier 1 Ratio %

For the Banks - Regional subindustry, SouthState's Capital Adequacy Tier - Tier 1 Ratio %, along with its competitors' market caps and Capital Adequacy Tier - Tier 1 Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SouthState  (NYSE:SSB) Capital Adequacy Tier - Tier 1 Ratio % Calculation

Capital Adequacy Tier - Tier 1 Ratio % is calculated as

Capital Adequacy Tier - Tier 1 Ratio %=Tier 1 Capital / Total Risk Weighted Assets

* 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.


SouthState  (NYSE:SSB) Capital Adequacy Tier - Tier 1 Ratio % Explanation

Tier 1 capital, or core capital, consists of a bank's common stock, retained earnings, accumulated other comprehensive income, noncumulative perpetual preferred stock and any regulatory adjustments to those accounts. The tier 1 capital ratio is the ratio of a bank’s core capital vs. its total risk-weighted assets (RWAs). The risk-weighted assets are calculated by multiplying the assets that the company holds by their corresponding weights for credit risk (the weight is usually developed by the central bank).

The tier 1 capital ratio is the basis for the Basel III international capital and liquidity standards. The standard is used to force banks to increase capital buffers and ensure they can withstand financial distress before they become insolvent. Basel III rules stipulate that the Tier 1 capital ratio has to be at least 6% and the equity component of Tier 1 capital has to have at least 4.5% of RWAs. A higher Tier 1 ratio suggests that the company has more capital to pay down deposits and is less likely to become insolvent.


SouthState Capital Adequacy Tier - Tier 1 Ratio % Related Terms

Thank you for viewing the detailed overview of SouthState's Capital Adequacy Tier - Tier 1 Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


SouthState (SouthState) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SouthState Corp (NYSE:SSB) » Definitions » Capital Adequacy Tier - Tier 1 Ratio %
Traded in Other Exchanges
Address
1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880
SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.
Executives
Greg A Lapointe officer: President of SSB 520 GERVAIS STREET, COLUMBIA SC 29201
Page G Ruffner Jr director
Douglas Lloyd Williams officer: President, Atlanta Banking Grp 3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
John C Pollok officer: Executive Vice President C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Hill Robert R Jr officer: President & CEO C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Robert R Horger director, officer: Chairman C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Renee R Brooks officer: CHIEF ADMINISTRATIVE OFFICER C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Ronald M. Cofield director 1101 FIRST STREET SOUTH, WINTER HAVEN FL 33880
Shantella E. Cooper director 241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308
Douglas J. Hertz director 3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
Ernest S Pinner director
Matthews William E V officer: Chief Financial Officer
John C Corbett director, officer: CEO 1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880
Stephen Dean Young officer: Chief Strategy Officer 42745 U.S. HIGWAY 27, DAVENPORT FL 33837
David G Salyers director 1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880