Call reports 2024
SOUTHSTATE BANK, N.A. — 2024
What SOUTHSTATE BANK, N.A. reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 45,127,613,000 | 45,481,202,000 | 46,071,510,000 | 46,369,727,000 |
| Total loans | 32,723,863,000 | 33,334,571,000 | 33,835,236,000 | 34,182,353,000 |
| Allowance for loan losses | 469,654,000 | 472,298,000 | 467,980,000 | 465,280,000 |
| Securities available for sale | 4,598,400,000 | 4,498,264,000 | 4,564,363,000 | 4,320,593,000 |
| Securities held to maturity | 2,446,589,000 | 2,348,528,000 | 2,301,307,000 | 2,254,670,000 |
| Trading assets | 240,561,000 | 274,963,000 | 281,112,000 | 263,303,000 |
| Total deposits | 37,313,860,000 | 37,195,442,000 | 37,751,549,000 | 38,171,079,000 |
| Interest-bearing deposits | 26,632,024,000 | 26,723,938,000 | 27,261,664,000 | 27,868,749,000 |
| Noninterest-bearing deposits | 10,681,836,000 | 10,471,504,000 | 10,489,885,000 | 10,302,330,000 |
| Equity capital | 5,791,273,000 | 5,935,328,000 | 6,176,507,000 | 6,161,046,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 517,189,000 | 1,048,247,000 | 1,592,360,000 | 2,141,102,000 |
| Interest expense | 167,310,000 | 342,176,000 | 528,868,000 | 702,034,000 |
| Net interest income | 349,879,000 | 706,071,000 | 1,063,492,000 | 1,439,068,000 |
| Noninterest income | 78,708,000 | 161,508,000 | 243,878,000 | 331,788,000 |
| Noninterest expense | 253,798,000 | 504,499,000 | 755,067,000 | 1,015,045,000 |
| Provision for loan losses | 15,760,000 | 22,629,000 | 24,392,000 | 26,951,000 |
| Pretax income | 162,103,000 | 346,505,000 | 542,699,000 | 739,786,000 |
| Income tax | 40,504,000 | 83,633,000 | 129,219,000 | 174,486,000 |
| Net income | 121,599,000 | 262,872,000 | 413,480,000 | 565,300,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,447,787,000 | 4,595,267,000 | 4,702,224,000 | 4,817,945,000 |
| Total capital | 4,890,571,000 | 5,044,736,000 | 5,152,982,000 | 5,271,725,000 |
| Risk-weighted assets | 35,115,097,000 | 35,646,900,000 | 35,762,223,000 | 36,000,927,000 |