SSB Bancorp (SSB Bancorp) Tax Rate % : 24.96% (As of Mar. 2024)

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What is SSB Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SSB Bancorp's Tax Expense for the three months ended in Mar. 2024 was $0.17 Mil. SSB Bancorp's Pre-Tax Income for the three months ended in Mar. 2024 was $0.66 Mil. Therefore, SSB Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 was 24.96%.

SSB Bancorp Tax Rate % Historical Data

The historical data trend for SSB Bancorp's Tax Rate % 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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SSB Bancorp Tax Rate % Chart

SSB Bancorp Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec22

Dec23

Tax Rate %

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49.79

14.19

20.00

23.55

23.04

SSB Bancorp Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															23.30	25.23	17.41	28.41	24.96

SSB Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

SSB Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0.569	/	2.47
	=	23.04 %

SSB Bancorp's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.165	/	0.661
	=	24.96 %

SSB Bancorp Tax Rate % Related Terms

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SSB Bancorp (SSB Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SSB Bancorp Inc (OTCPK:SSBP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8700 Perry Highway, Pittsburgh, PA, USA, 15237

Website

https://www.ssbpgh.com

SSB Bancorp Inc is engaged in the provision of financial services to individuals and corporate customers. The bank offers deposits, loans, consumer financing, certificate of deposits, mortgage loans, card services, internet banking, insurance, and other related services.

Executives

Moon Joseph Daniel Iv	director, officer: President, CEO & CFO	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Gretchen Givens Generett	director	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Kenneth J. Broadbent	director	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Benjamin Contrucci	officer: Vice President of Subsidiary	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Peter F. Stires	officer: VP of Comm Lending	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Docchio David H. Jr.	director	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Mark C. Joseph	director	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bernie M. Simons	director	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Bancorp, Mhc Ssb	10 percent owner	8700 PERRY HIGHWAY, PITTSBURGH PA 15237
Jennifer R. Harris	officer: Chief Lending Officer of Sub	8700 PERRY HIGHWAY, PITTSBURGH PA 15237