Southern States Bancshares, Inc.
SSBKFinancials · State Commercial Banks · AL · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|
| Revenue | $2.0M | $1.8M | $1.9M | $1.5M | $1.5M |
| Operating income | — | — | — | — | — |
| Net income | $34.9M | $32.0M | $27.1M | $18.6M | $12.1M |
| Total assets | $2.85B | $2.45B | $2.05B | $1.78B | $1.33B |
| Total liabilities | $2.57B | $2.23B | $1.86B | $1.61B | $1.19B |
| Equity | $279.9M | $215.0M | $181.7M | $177.2M | $140.7M |
| EPS (diluted) | $3.67 | $3.53 | $3.02 | $2.23 | $1.56 |
| Shares out. | 8.9M | 8.7M | 8.7M | 9.0M | 7.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- —
- Net margin
- 1724.4%
- Return on equity
- 12.5%
- Return on assets
- 1.2%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 90.2%
- Debt / equity
- 9.18×
- Book value / share
- $31.55
- Revenue growth (YoY)
- 13.0%
- Net income growth (YoY)
- 9.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Accruals / assets
- −0.2%clean
- Piotroski F-Score
- 4/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 3 good- High leverage (liabilities > 70% of assets)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Strategic Value Investors LpPassive (13G)Feb 12, 2025
- Davis Floyd C.Passive (13G)Jan 29, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Hayes Alfred J. Jr.Director | Jul 1, 2025 | D | 6,796 | — |
| Chambers MarkOfficer — Chief Executive Officer | Jul 1, 2025 | Option exercise | 891 | $30.23 |
| Holmes Brian StaceyDirector | Jul 1, 2025 | D | 189,961 | — |
| Smith Gregory B.Officer — Chief Risk Officer | Jul 1, 2025 | Option exercise | 706 | $30.23 |
| Pumroy Jay F.Director | Jul 1, 2025 | D | 101,679 | — |
| Smith J. Henry IvDirector | Jul 1, 2025 | D | 52,725 | — |
| Cummings Daniel AndrewDirector | Jul 1, 2025 | D | 1,599 | — |
| Hitson Brent O.Director | Jul 1, 2025 | D | 22,658 | — |
| Mccarty Cynthia S.Director | Jul 1, 2025 | D | 5,709 | — |
| Drews Richard E. Jr.Director | Jul 1, 2025 | D | 25,524 | — |
| Hinton JonathanDirector | Jul 1, 2025 | D | 2,099 | — |
| Hunsaker ChristineDirector | Jul 1, 2025 | D | 2,599 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Jun 30, 2025 | 59,694 | 1.4 | -2.5% |
| Jun 13, 2025 | 61,198 | 2.4 | +18.4% |
| May 30, 2025 | 51,698 | 2.4 | +17.8% |
| May 15, 2025 | 43,874 | 1.6 | -1.7% |
| Apr 30, 2025 | 44,620 | 1.0 | +16.2% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Shareholder voteJul 1, 2025
- Results of operations · Regulation FD disclosureApr 22, 2025
- Other material eventApr 18, 2025
- Entered a material agreement · Director / officer change · Regulation FD disclosureMar 31, 2025
- Director / officer changeFeb 12, 2025
- Results of operations · Regulation FD disclosureJan 22, 2025
- Other material eventJan 16, 2025
- Results of operations · Regulation FD disclosureOct 22, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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