Yahoo Finance • last year

Southern States Bancshares, Inc. Announces Third Quarter 2023 Financial Results

Third Quarter 2023 Performance and Operational Highlights Core net income(1) of $9.6 million, or $1.06 per diluted share(1) Net income of $6.6 million, or $0.73 per diluted share Net interest income of $20.7 million, an increase of $1.3... Full story

Yahoo Finance • last year

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 Per Share

ANNISTON, Ala., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced... Full story

Yahoo Finance • 2 years ago

Southern States Bancshares, Inc. Announces Leadership Transition

Mark Chambers, Current President, Appointed Chief Executive Officer J. Henry Smith, IV Named Chairman of Company and Bank Boards Chairman and CEO Stephen Whatley Retires After 16 Years at the Helm ANNISTON, Ala., May 01, 2023 (GLOBE N... Full story

Yahoo Finance • 2 years ago

Southern States Bancshares, Inc. Announces Renewal of $10.0 million Stock Repurchase Program

ANNISTON, Ala., March 07, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”... Full story

Yahoo Finance • 2 years ago

Southern States Bancshares, Inc. Announces Fourth Quarter 2022 Financial Results

Fourth Quarter 2022 Performance and Operational Highlights Net income of $10.6 million, or $1.18 per diluted share Core net income(1) of $8.1 million, or $0.90 per diluted share(1) Net interest income of $20.9 million, an increase of $1.4... Full story

Yahoo Finance • 2 years ago

Southern States Bancshares, Inc. Announces Completion of $40 Million Subordinated Notes Offering

ANNISTON, Ala., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States" or the “Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”)... Full story

Yahoo Finance • 2 years ago

Southern States Bancshares, Inc. Announces Third Quarter 2022 Financial Results

Third Quarter 2022 Highlights Linked-quarter loan growth was 26.3% annualized Net income of $6.7 million, or $0.75 per diluted share Core net income(1) of $6.8 million, or $0.77 per diluted share(1) Net interest margin (“NIM”) of 4.15%, u... Full story

Yahoo Finance • 2 years ago

Southern States Bancshares, Inc. Announces Second Quarter 2022 Financial Results

Second Quarter 2022 Highlights Linked-quarter loan growth was 36.8% annualized Net income of $5.2 million, or $0.59 per diluted share Core net income(1) of $5.3 million, or $0.59 per diluted share(1) Net interest margin (“NIM”) of 3.84%,... Full story

Yahoo Finance • 2 years ago

Southern States Bancshares, Inc. Announces Extension of Exchange Offer for 3.50% Fixed-to-Floating Rate Subordinated Notes due 2032

ANNISTON, Ala., June 22, 2022 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”) announced today that it has extended its registered exchange offer to exchange up to $48,000,000 aggre... Full story

Yahoo Finance • 3 years ago

Southern States Bancshares, Inc. Announces First Quarter 2022 Financial Results

First Quarter 2022 Highlights Linked-quarter loan growth was 19.4%annualized Net income of $4.6 million, or $0.50 per dilutedshare Core net income(1) of $4.8 million, or $0.53 per dilutedshare(1) Return on average assets (“ROAA”) of 1.03%... Full story