SouthState Bank, National Association is an FDIC insured institution headquartered at
1101 1st St S, Winter Haven, FL 33880.
It was founded in
1992 and has approximately $46 billion in
assets. Customers can open an account at one of its 155 branches.
Third Federal rate are typically 20% lower than other leaders
Guaranteed Lowest Rate
No closing costs, prepayment penalties, or minimum draw requirements
10 year draw period
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for
taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 33555
Date Established
1992
Assets
$ 46.19 billion
Loans
$ 28.55 billion
Deposits
$ 37.76 billion
Capital
$ 5.21 billion
Summary Balance Sheet as of September 30, 2022
ASSETS
Cash & Balances due from depository institutions
$ 2.66 billion
Interest-bearing balances
$ 2.21 billion
Total securities
$ 8.11 billion
Federal funds sold and reverse repurchase
$ 149.31 million
Net loans and leases
$ 28.55 billion
Loan loss allowance
$ 324.40 million
Trading account assets
$ 1,133.71 million
Bank premises and fixed assets
N.A.
Other real estate owned
$ 2.16 million
Goodwill and other intangibles
$ 2.14 billion
All other assets
$ 1,842.45 million
Total Assets
$ 39.95 billion
LIABILITIES
Total deposits
$ 37.76 billion
Interest-bearing deposits
$ 24.01 billion
Deposits held in domestic offices
$ 37.76 billion
% insured (estimated)
64.88%
Federal funds purchased and repurchase agreements
$ 557.80 million
Trading liabilities
$ 1,095.53 million
Other borrowed funds
$ 2.83 million
Subordinated debt
N.A.
All other liabilities
$ 521.26 millionn
Total Liabilities
$ 39.95 billion
Shareholders’ Equity
$ 6.24 billion
Summary Income Statement as of September 30, 2022
INCOME AND EXPENSES
Total Interest Income
$ 970.86 million
Total Interest Expense
$ 23.10 million
Net interest income
$ 947.76 million
Provision for loan and lease losses
$ 34.71 million
Total non interest income
$ 273.17 million
Total non interest expense
$ 713.93 million
Pre-tax Net Operating Income
$ 293.43 million
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This analysis is for demonstrative purposes only. Savings rates may go up or down,
and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only.
There are currently no comments for SouthState Bank, National Association. Be the first to share your experience. Please provide comments that will help others.