Financial Services - Banks - Regional - NASDAQ - US
$ 36.63
0.164 %
$ 327 M
Market Cap
10.44
P/E
BALANCE SHEET
2.45 B
ASSETS
2.23 B
LIABILITIES
215 M
EQUITY
BALANCE SHEET DECOMPOSITION
Balance Sheet Decomposition
Southern States Bancshares, Inc.
| Current Assets | 251 M |
| Cash & Short-Term Investments | 251 M |
| Receivables | 8.71 M |
| Other Current Assets | -8.71 M |
| Non-Current Assets | 2.2 B |
| Long-Term Investments | 202 M |
| PP&E | 26.4 M |
| Other Non-Current Assets | 1.97 B |
| Current Liabilities | 0 |
| Accounts Payable | 1.52 M |
| Short-Term Debt | 58 M |
| Other Current Liabilities | -59.5 M |
| Non-Current Liabilities | 2.23 B |
| Long-Term Debt | 126 M |
| Other Non-Current Liabilities | 2.11 B |
Balance Sheet
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Cash & Cash Equivalents | 19.7 | 105.5 | 209.9 | 74.7 | 91.1 | 85.0 |
| Short Term Investments | 179.0 | 155.5 | 132.2 | 114.0 | 59.9 | 0 |
| Receivables | 8.7 | 7.0 | 4.2 | 4.2 | 3.0 | 0 |
| Inventory | 0 | (178.4) | (291.1) | (99.4) | (126.5) | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 250.7 | 268.0 | 346.3 | 193.0 | 154.1 | 89.7 |
| PP&E | 26.4 | 27.3 | 27.0 | 24.4 | 20.1 | 16.3 |
| Intangible Assets | 0.9 | 1.2 | 1.5 | 1.8 | 2.0 | 0.3 |
| Goodwill | 16.9 | 16.9 | 16.9 | 16.9 | 16.9 | 6.0 |
| Long Term Investments | 202.3 | 180.4 | 161.1 | 119.0 | 59.9 | 65.0 |
| Other Long Term Assets | 1 949.5 | (192.6) | (5.8) | (4.8) | (3.5) | 707.7 |
| Other Assets | 0 | 1 731.5 | 1 230.2 | 977.5 | 842.5 | 0 |
| Total Assets | 2 446.7 | 2 044.9 | 1 783.0 | 1 332.5 | 1 095.5 | 888.1 |
| LIABILITIES | ||||||
| Accounts Payable | 1.5 | 0.6 | 0.1 | 0.3 | 0.5 | 0 |
| Short Term Debt | 58.0 | 31.0 | 0 | 8.0 | 8.0 | 7.5 |
| Other Current Liabilities | (59.5) | (31.6) | (0.1) | (8.3) | (8.5) | 117.9 |
| Total Current Liabilities | 0 | 0.6 | 12.6 | 8.3 | 8.5 | 125.4 |
| Long Term Debt | 125.7 | 117.3 | 25.9 | 35.4 | 4.5 | 4.5 |
| Deferred Tax Income | 0 | 0.8 | 1.8 | 2.1 | 1.4 | 0.5 |
| Other Liabilities | 2 106.0 | 1 746.2 | 1 579.4 | (35.4) | (4.5) | 662.3 |
| Total Liabilities | 2 231.7 | 1 863.1 | 1 605.8 | 1 191.8 | 968.9 | 792.7 |
| EQUITY | ||||||
| Common Stock | 44.5 | 43.7 | 45.1 | 38.4 | 38.3 | 32.4 |
| Retained Earnings | 102.5 | 73.8 | 49.9 | 34.2 | 23.9 | 20.7 |
| Other Accumulative Comprehensive Income/Loss | (8.8) | (11.0) | 2.1 | 3.2 | 0.3 | (1.2) |
| Total Equity | 215.0 | 181.7 | 177.2 | 140.7 | 126.6 | 95.5 |
| Total Liabilities and Equity | 2 446.7 | 2 044.9 | 1 783.0 | 1 332.5 | 1 095.5 | 888.1 |
| SHARES OUTSTANDING | ||||||
| Common Shares Outstanding | 8.8 | 8.7 | 8.2 | 8.7 | 8.7 | 6.5 |