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Southern States Bank

Our records indicate that this bank has been acquired by FirstBank.


ACH Number: 61120819

Southern States Bank is an FDIC insured institution headquartered at 615 Quintard Ave, Anniston, AL 36201.
It was founded in 2007 and has approximately $3 billion in assets. Customers can open an account at one of its 0 branches.

Deposit Rates - April 29, 2026





Overview 2026

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58558
Date Established 2007
Assets $ 2.85 billion
Loans $ 2.30 billion
Deposits $ 2.48 billion
Capital $ 365.25 million

Summary Balance Sheet as of September 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 311.54 million
Interest-bearing balances $ 280.24 million
Total securities $ 37.29 million
Federal funds sold and reverse repurchase $ 58.90 million
Net loans and leases $ 2.30 billion
Loan loss allowance $ 22.17 million
Trading account assets $ 5.24 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.12 million
Goodwill and other intangibles $ 41.32 million
All other assets $ 63.46 million
     Total Assets $ 2.51 billion

LIABILITIES
Total deposits $ 2.48 billion
      Interest-bearing deposits $ 1,907.12 million
      Deposits held in domestic offices $ 2.48 billion
      % insured (estimated)" 67.28%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 5.26 million
Other borrowed funds $ 25.00 million
Subordinated debt N.A.
All other liabilities $ 14.25 millionn
      Total Liabilities $ 2.51 billion
      Shareholders’ Equity $ 342.43 million

Summary Income Statement as of September 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 88.02 million
Total Interest Expense $ 34.23 million
Net interest income $ 53.79 million
Provision for loan and lease losses $ 1.51 million
Total non interest income $ 3.57 million
Total non interest expense $ 42.51 million
Pre-tax Net Operating Income $ 14.54 million

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