7Baggers

South State Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 030.7561.4992.24122.99153.73184.48215.22Milllion

South State Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 2013-06-30 2013-03-31 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-09-30 2009-06-30 2009-03-31 2008-09-30 2008-06-30 2008-03-31 
                                                             
  interest income:                                                           
  loans, including fees746,448,000 724,640,000 489,708,000 494,082,000 478,360,000 463,688,000 459,880,000 443,805,000 419,355,000 393,366,000 359,553,000 312,856,000 272,000,000 233,617,000 238,310,000 246,065,000 246,177,000 259,967,000 269,633,000 280,825,000 167,707,000 133,034,000 132,615,000 134,953,000 135,388,000 131,834,000 132,043,000 129,852,000 127,041,000 108,319,000 95,864,000 93,600,000 91,752,000 77,154,000 77,254,000 77,463,000 79,857,000 79,406,000 78,848,000 78,700,000 79,322,000 81,841,000 78,678,000 53,816,000 52,384,000 42,120,000 39,777,000 42,912,000 40,994,000 36,828,000 36,233,000 35,994,000 34,173,000 32,598,000 33,373,000 33,717,000    
  investment securities:                                                           
  taxable68,081,000 53,870,000 39,079,000 37,900,000 38,747,000 39,745,000 39,758,000 40,330,000 41,254,000 41,565,000 41,422,000 39,300,000 38,948,000 30,120,000 23,685,000 20,410,000 17,347,000 15,425,000 13,469,000 11,118,000 10,920,000 11,915,000 11,016,000 10,785,000 9,551,000 8,597,000 8,890,000 9,048,000 8,788,000 7,268,000 6,646,000 7,020,000 7,231,000 4,477,000 4,793,000 4,520,000 4,106,000 3,822,000 3,661,000 3,982,000 3,997,000 3,881,000 3,315,000 2,096,000 2,161,000 2,870,000 2,036,000 2,023,000 1,741,000 1,858,000 2,526,000 2,740,000 2,514,000 1,991,000 2,144,000 2,370,000 2,760,000 2,696,000 2,900,000 
  tax-exempt6,136,000 7,516,000 5,856,000 5,734,000 5,769,000 5,568,000 5,768,000 5,543,000 5,586,000 6,557,000 6,424,000 5,986,000 6,076,000 3,875,000 3,161,000 2,775,000 2,667,000 2,095,000 2,171,000 2,136,000 1,505,000 1,399,000 1,486,000 1,587,000 1,617,000 1,496,000 1,521,000 1,614,000 1,559,000 1,444,000 1,320,000 1,397,000 1,430,000 992,000 1,016,000 1,038,000 1,112,000 1,072,000 1,078,000 1,236,000 1,071,000 1,156,000 1,202,000 1,174,000 1,206,000 201,000 195,000 211,000 235,000 216,000 243,000 164,000 265,000 243,000 231,000 235,000 291,000 493,000 428,000 
  federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks19,839,000 22,540,000 14,162,000 6,462,000 8,248,000 8,254,000 10,029,000 10,831,000 11,858,000 8,921,000 18,693,000 16,668,000 8,635,000 2,852,000 2,225,000 2,199,000 1,350,000 989,000 1,098,000 1,215,000 432,000 1,452,000                                      
  total interest income840,504,000 808,566,000 548,805,000 544,178,000 531,124,000 517,255,000 515,435,000 500,509,000 478,053,000 450,409,000 426,092,000 374,810,000 325,659,000 270,464,000 267,381,000 271,449,000 267,541,000 278,476,000 286,371,000 295,294,000 180,564,000 147,800,000 147,454,000 150,001,000 149,982,000 143,390,000 143,560,000 141,732,000 138,048,000 117,824,000 104,411,000 102,779,000 100,986,000 83,379,000 83,815,000 83,776,000 85,562,000 84,764,000 83,998,000 84,348,000 84,831,000 87,338,000 83,700,000 57,530,000 56,169,000 45,470,000 42,220,000 45,307,000 43,331,000 39,255,000 39,249,000 39,112,000 37,204,000 35,020,000 35,857,000 36,448,000 38,958,000 38,489,000 40,534,000 
  interest expense:                                                           
  deposits241,593,000 245,957,000 168,263,000 177,919,000 165,481,000 160,162,000 149,584,000 133,944,000 100,787,000 55,942,000 16,443,000 10,137,000 5,776,000 4,628,000 5,121,000 7,267,000 9,537,000 11,257,000 13,227,000 15,154,000 12,624,000 14,437,000 15,227,000 16,655,000 17,393,000 16,645,000 13,220,000 10,009,000 6,913,000 4,221,000 2,974,000 2,661,000 2,497,000 1,368,000 1,600,000 1,794,000 1,811,000 1,737,000 2,003,000 2,395,000 2,261,000 2,393,000 2,698,000 1,463,000 1,559,000 2,272,000 2,494,000 3,958,000 4,661,000 5,717,000 7,374,000 7,077,000 7,055,000 7,070,000 8,188,000 9,741,000 11,231,000 11,850,000 13,446,000 
  federal funds purchased and securities sold under agreements to repurchase5,405,000 4,909,000 4,861,000 5,697,000 4,983,000 4,727,000 4,910,000 4,291,000 3,535,000 2,853,000 1,947,000 1,506,000 781,000 269,000 256,000 259,000 323,000 351,000 435,000 509,000 391,000 615,000 590,000 612,000 673,000 753,000 599,000 642,000 454,000 324,000 276,000 240,000 240,000 137,000 144,000 99,000 95,000 105,000 96,000 87,000 89,000 101,000 92,000 115,000 136,000 110,000 126,000 118,000 142,000 160,000 226,000 184,000 165,000 138,000 118,000 125,000 1,392,000 1,350,000 2,327,000 
  corporate and subordinated debentures15,558,000 12,505,000 5,860,000 6,007,000 5,999,000 6,009,000 6,045,000 6,014,000 5,823,000 5,735,000 5,420,000 4,958,000                                                
  other borrowings 648,000 42,000 3,075,000 4,402,000 2,421,000 665,000 889,000 6,165,000 4,616,000      41,000 3,000  2,391,000 4,249,000 3,021,000 4,735,000 5,181,000 5,361,000 4,737,000 2,725,000 1,452,000 1,519,000 1,708,000 1,005,000 842,000 847,000 887,000 475,000 469,000 451,000 641,000 646,000 850,000 1,497,000 1,508,000 1,502,000 1,239,000 668,000 673,000 554,000 562,000 551,000 527,000 532,000 638,000 691,000 1,353,000 1,431,000 1,532,000 1,584,000 1,678,000 1,727,000 1,847,000 
  total interest expense262,556,000 264,019,000 179,026,000 192,698,000 180,865,000 173,319,000 161,204,000 145,138,000 116,310,000 69,146,000 24,383,000 16,601,000 11,380,000 8,990,000 9,277,000 11,463,000 14,411,000 16,478,000 20,824,000 24,946,000 18,007,000 19,787,000 20,998,000 22,628,000 22,803,000 20,123,000 15,271,000 12,170,000 9,075,000 5,550,000 4,092,000 3,748,000 3,624,000 1,980,000 2,213,000 2,344,000 2,547,000 2,488,000 2,949,000 3,979,000 3,858,000 3,996,000 4,029,000 2,246,000 2,368,000 2,936,000 3,182,000 4,627,000 5,330,000 6,409,000 8,238,000 7,952,000 8,573,000 8,639,000 9,838,000 11,450,000 14,301,000 14,927,000 17,620,000 
  net interest income577,948,000 544,547,000 369,779,000 351,480,000 350,259,000 343,936,000 354,231,000 355,371,000 361,743,000 381,263,000 401,709,000 358,209,000 314,279,000 261,474,000 258,104,000 259,986,000 253,130,000 261,998,000 265,547,000 270,348,000 162,557,000 128,013,000 126,456,000 127,373,000 127,179,000 123,267,000 128,289,000 129,562,000 128,973,000 112,274,000 100,319,000 99,031,000 97,362,000 81,399,000 81,602,000 81,432,000 83,015,000 82,276,000 81,049,000 80,369,000 80,973,000 83,342,000 79,671,000 55,284,000 53,801,000 42,534,000 39,038,000 40,680,000 38,001,000 32,846,000 31,011,000 31,160,000 28,631,000 26,381,000 26,019,000 24,998,000 24,657,000 23,562,000 22,914,000 
  benefit from credit losses7,505,000 100,562,000   3,889,000 12,686,000 26,047,250 32,709,000 38,389,000          18,185,000 29,797,000                                        
  net interest income after benefit from credit losses570,443,000 443,985,000   346,370,000 331,250,000 248,547,000 322,662,000 323,354,000          247,362,000 240,551,000                                        
  noninterest income:                                                           
  fees on deposit accounts37,869,000 35,933,000 35,121,000 33,986,000 33,842,000 33,145,000 33,225,000 32,830,000 33,101,000 29,859,000 34,480,000 31,188,000 33,658,000 28,902,000 30,293,000 26,130,000 23,936,000 25,282,000 25,153,000 24,346,000 16,679,000 18,141,000 19,161,000 19,725,000 18,741,000 17,808,000 17,790,000 22,612,000 25,506,000 23,560,000 22,448,000 22,155,000 21,719,000 21,539,000 20,125,000 21,076,000 19,212,000 17,699,000                      
  mortgage banking income5,936,000 7,737,000 4,777,000 3,189,000 5,912,000 6,169,000 2,191,000 2,478,000 4,354,000 4,332,000 -546,000 2,262,000 5,480,000 10,594,000 12,044,000 15,560,000 10,115,000 26,880,000 25,162,000 48,022,000 18,371,000 14,647,000 3,757,000 6,115,000 5,307,000 2,385,000 2,824,000 3,317,000 4,948,000 3,744,000 3,446,000 5,195,000 5,569,000 5,620,000 4,198,000 3,229,000 4,817,000 7,089,000 6,626,000 4,124,000 4,683,000 3,291,000 1,342,000 1,957,000 3,395,000 2,962,000 1,830,000 2,341,000 1,125,000 863,000 2,600,000 1,660,000 1,182,000 1,451,000 2,134,000 1,261,000 507,000 1,240,000 1,030,000 
  trust and investment services income14,419,000 14,932,000 12,414,000 11,578,000 11,091,000 10,391,000 10,131,000 9,556,000 9,823,000 9,937,000 9,867,000 9,603,000 9,831,000 9,718,000 9,520,000 9,150,000 9,733,000 8,578,000 7,506,000 7,404,000 7,138,000 7,389,000 6,935,000 7,320,000 7,720,000 7,269,000 7,527,000 7,567,000 7,514,000 6,698,000 6,310,000 6,452,000 5,941,000 4,911,000 4,785,000 4,643,000 5,489,000 5,051,000 4,934,000 4,490,000 4,812,000 4,543,000 3,593,000 2,438,000 2,314,000 1,642,000 1,397,000 1,453,000 1,525,000 1,249,000 1,199,000 1,187,000 784,000 588,000 671,000 691,000 725,000 681,000 696,000 
  correspondent banking and capital markets income13,767,000 9,545,000 13,555,000 9,893,000 4,860,000 4,311,000 3,404,000 12,916,000                                                    
  sba income2,430,000 3,232,000 4,033,000 3,875,000 3,955,000 4,363,000 4,289,000 3,033,000 2,885,000 3,722,000 1,712,000 6,401,000                                                
  securities losses -228,811,000                                                          
  gain on sale-leaseback, net of transaction costs 229,279,000                                                          
  other income12,396,000 14,241,000 10,695,000 12,413,000 15,565,000 13,179,000 12,251,000 12,035,000 7,864,000 9,866,000 9,569,000 7,142,000 7,376,000 8,882,000                                              
  total noninterest income86,817,000 86,088,000 80,545,000 74,934,000 75,225,000 71,558,000 65,489,000 72,848,000 77,214,000 71,355,000 57,687,000 77,178,000 88,292,000 86,090,000 91,894,000 87,010,000 79,020,000 96,285,000 97,871,000 114,790,000 54,347,000 44,132,000 36,307,000 37,582,000 37,618,000 32,058,000 32,027,000 37,525,000 43,518,000 39,098,000 36,040,000 37,574,000 36,435,000 32,118,000 30,041,000 29,197,000 29,771,000 30,082,000 26,505,000 24,453,000 24,399,000 20,679,000 15,265,000 8,485,000 9,523,000 11,744,000 9,473,000 20,791,000 8,792,000 15,873,000 12,496,000 11,421,000 101,959,000 5,591,000 7,761,000 7,131,000  8,127,000 7,505,000 
  noninterest expense:                                                           
  salaries and employee benefits200,162,000 195,811,000 154,116,000 150,865,000 151,435,000 150,453,000 145,850,000 146,146,000 147,342,000 144,060,000 140,440,000 139,554,000 137,037,000 137,673,000 137,321,000 136,969,000 137,379,000 140,361,000 138,982,000 134,919,000 81,720,000 60,978,000 58,218,000 59,551,000 58,547,000 58,431,000 57,934,000 55,026,000 62,465,000 50,735,000 47,245,000 47,580,000 48,886,000 40,537,000 41,432,000 40,550,000 40,013,000 39,754,000 40,987,000 40,029,000 40,276,000 39,093,000 34,464,000 23,746,000 23,252,000 18,262,000 18,048,000 17,345,000 18,016,000 16,646,000 15,940,000 15,656,000 14,091,000 10,649,000 9,517,000 10,519,000 10,164,000 10,863,000 11,221,000 
  occupancy expense41,507,000 35,493,000 22,831,000 22,242,000 22,453,000 22,577,000 22,715,000 22,251,000 22,196,000 21,533,000 22,412,000 22,490,000 22,759,000 21,840,000 22,915,000 23,135,000 22,844,000 23,331,000 23,496,000 23,845,000 15,959,000 12,287,000 12,113,000 11,883,000                                    
  information services expense30,155,000 31,362,000 23,416,000 23,280,000 23,144,000 22,353,000 22,000,000 21,428,000 21,119,000 19,925,000 19,847,000 20,714,000 19,947,000 19,193,000 18,489,000 18,061,000 19,078,000 18,789,000 19,526,000 18,855,000 12,155,000 9,306,000 8,919,000 8,878,000 8,671,000 9,009,000 7,804,000 8,903,000 9,738,000 6,686,000 6,003,000 6,413,000 6,360,000 5,083,000 5,034,000 4,734,000 4,736,000 4,382,000 3,958,000 3,417,000 4,313,000 4,222,000 3,827,000 2,992,000 3,192,000 2,902,000 2,468,000 2,851,000 2,503,000 2,341,000 2,157,000 2,157,000 2,371,000 1,381,000 1,286,000 1,442,000    
  oreo and loan related expense2,295,000 1,784,000 1,416,000 1,358,000 1,307,000 606,000 948,000 613,000 -14,000 169,000 78,000 532,000                                                
  amortization of intangibles24,048,000 23,831,000 5,326,000 5,327,000 5,744,000 5,998,000 6,615,000 6,616,000 7,028,000 7,299,000 8,027,000 7,837,000 8,847,000 8,494,000 8,517,000 8,543,000 8,968,000 9,164,000 9,760,000 9,560,000 4,665,000 3,007,000 3,267,000 3,268,000 3,268,000 3,281,000 3,537,000 3,722,000 3,413,000 2,857,000 2,494,000 2,495,000 2,507,000 1,892,000 1,904,000 2,266,000 2,078,000 1,964,000 2,016,000 2,080,000 2,084,000 2,104,000 1,738,000 1,022,000 1,034,000 540,000 500,000 517,000 505,000 446,000 432,000 432,000 349,000 131,000 132,000 131,000 144,000 145,000 144,000 
  supplies, printing and postage expense3,970,000 3,128,000 2,730,000 2,762,000 2,526,000 2,540,000 2,761,000 2,623,000 2,554,000 2,640,000 2,411,000 2,621,000              1,504,000 1,561,000 1,406,000 1,392,000 1,433,000 1,491,000 1,570,000 1,654,000 1,757,000 1,808,000 1,528,000 1,377,000 1,430,000 1,612,000                     
  professional fees4,658,000 4,709,000 5,366,000 4,017,000 3,906,000 3,115,000 7,025,000 3,456,000 4,364,000 3,702,000 3,756,000 3,495,000 4,331,000 3,749,000 2,639,000 2,415,000 2,301,000 3,274,000 4,306,000 4,385,000 2,848,000 2,494,000 2,862,000 2,442,000 2,781,000 2,240,000 2,138,000 1,898,000 1,699,000 1,338,000 1,265,000 1,599,000 1,773,000 1,576,000 1,329,000 1,156,000 1,383,000 1,585,000 1,409,000 1,068,000 1,190,000 1,341,000 1,377,000 760,000 691,000 732,000 633,000 377,000 501,000 433,000 495,000 616,000 557,000 376,000 557,000 434,000 597,000 507,000 534,000 
  fdic assessment and other regulatory charges11,469,000 11,258,000 7,365,000 7,482,000 7,771,000 8,534,000 8,325,000 8,632,000 9,819,000 6,294,000 6,589,000 6,300,000 5,332,000 4,812,000 4,965,000 4,245,000 4,931,000 3,771,000 3,403,000 2,849,000 2,403,000 2,058,000 1,327,000 228,000 1,455,000 1,535,000 2,525,000 3,277,000 1,263,000 895,000 918,000 989,000 1,122,000 1,017,000 1,144,000 1,029,000 1,248,000 1,253,000 1,184,000 1,268,000 1,267,000 1,576,000 1,521,000 1,096,000 1,224,000 1,073,000 1,037,000 859,000 1,255,000 1,479,000 1,354,000 1,227,000 1,323,000 956,000 2,333,000 1,184,000    
  fdic special assessment  -621,000  619,000 3,854,000                                                      
  advertising and marketing3,010,000 2,290,000 2,269,000 2,296,000 2,594,000 1,984,000 2,826,000 3,009,000 1,521,000 2,118,000 2,669,000 2,170,000 2,286,000 1,763,000 2,375,000 2,185,000 1,659,000 1,740,000 1,544,000 1,203,000 531,000 814,000 1,491,000 1,052,000 959,000 807,000 1,049,000 1,163,000 736,000 1,563,000 852,000 989,000 559,000 858,000 645,000 920,000 1,054,000 1,009,000 888,000 837,000 1,054,000 1,134,000 1,150,000 648,000 842,000 553,000 757,000 824,000 289,000 909,000 614,000 1,028,000 587,000 579,000 571,000 650,000 771,000 1,092,000 919,000 
  merger, branch consolidation, severance-related, and other income24,379,000                                                           
  total noninterest expense375,061,000 408,826,000 256,609,000 246,847,000 248,747,000 249,290,000 273,243,000 238,206,000 242,626,000 240,505,000 229,499,000 240,433,000 231,169,000 228,600,000 224,037,000 232,290,000 263,383,000 228,711,000 278,398,000 236,887,000 175,112,000 107,247,000 100,628,000 96,364,000 109,407,000 98,239,000 100,294,000 110,506,000 116,426,000 104,602,000 81,574,000 86,539,000 104,723,000 73,854,000 72,030,000 71,881,000 73,194,000 71,529,000 70,485,000 75,058,000 75,889,000 77,423,000 75,419,000 44,885,000 46,441,000 37,508,000 35,219,000 37,158,000 35,048,000 34,224,000 30,598,000 29,377,000 32,918,000 21,797,000 21,038,000 20,187,000 19,096,000 19,695,000 20,129,000 
  earnings:                                                           
  income before benefit from income taxes282,199,000 121,247,000 187,344,000 186,538,000 172,848,000 153,518,000 136,584,000 157,304,000 157,942,000 179,022,000 112,651,750 171,078,000 152,116,000 127,413,000 117,290,250 153,609,000  187,992,000 66,835,000 118,454,000 -109,682,000 28,365,000 58,578,000 64,563,000 51,686,000 55,598,000 56,905,000 52,103,000 53,611,000 42,962,000 52,723,000 47,753,000 25,367,000 36,936,000 37,056,000 37,922,000 38,517,000 37,685,000 36,251,000 27,673,000 27,314,000 25,749,000 18,858,000 18,705,000 15,823,000 12,128,000 10,569,000 15,990,000 7,530,000 3,854,000 2,581,000 695,000 76,894,000 3,185,000 8,221,000 6,899,000 83,000 9,662,000 9,045,000 
  benefit from income taxes66,975,000 32,167,000 43,166,000 43,359,000 40,478,000 38,462,000 29,793,000 33,160,000 34,495,000 39,096,000 24,515,000 38,035,000 32,941,000 27,084,000 25,116,000 30,821,000  41,043,000 685,250 23,233,000  4,255,000 9,487,000 12,998,000 10,226,000 11,231,000 9,823,000 11,644,000 11,285,000 40,541,000 17,677,000 15,930,000 7,103,000 12,420,000 12,562,000 12,387,000 13,377,000 12,813,000 12,325,000 8,346,000 9,368,000 8,832,000 6,804,000 6,173,000 5,174,000 4,097,000 3,541,000 5,658,000 2,612,000 1,338,000 794,000 120,000 27,933,000  2,836,000 2,379,000  3,513,000 3,082,000 
  net income215,224,000 89,080,000 144,178,000 143,179,000 132,370,000 115,056,000 106,791,000 124,144,000 123,447,000 139,926,000 143,502,000 133,043,000 119,175,000 100,329,000 106,846,000 122,788,000 98,960,000 146,949,000 86,236,000 95,221,000 -84,935,000 24,110,000 49,091,000 51,565,000 41,460,000 44,367,000 47,082,000 40,459,000 42,326,000 2,421,000 35,046,000 31,823,000 18,264,000 24,516,000 24,494,000 25,535,000 25,140,000 24,872,000 23,926,000 19,327,000 17,946,000 16,917,000 12,054,000 12,532,000 10,649,000 8,031,000 7,028,000 10,332,000 4,918,000 2,516,000 1,787,000 575,000 48,961,000 2,171,000 5,385,000 4,520,000 124,000 6,149,000 5,963,000 
  yoy62.59% -22.58% 35.01% 15.33% 7.23% -17.77% -25.58% -6.69% 3.58% 39.47% 34.31% 8.35% 20.43% -31.73% 23.90% 28.95% -216.51% 509.49% 75.67% 84.66% -304.86% -45.66% 4.27% 27.45% -2.05% 1732.59% 34.34% 27.14% 131.75% -90.12% 43.08% 24.63% -27.35% -1.43% 2.37% 32.12% 40.09% 47.02% 98.49% 54.22% 68.52% 110.65% 71.51% 21.29% 116.53% 219.20% 293.28% 1696.87% -89.96% 15.89% -66.82% -87.28% 39384.68% -64.69% -9.69%     
  qoq141.61% -38.22% 0.70% 8.17% 15.05% 7.74% -13.98% 0.56% -11.78% -2.49% 7.86% 11.64% 18.78% -6.10% -12.98% 24.08% -32.66% 70.40% -9.44% -212.11% -452.28% -50.89% -4.80% 24.37% -6.55% -5.77% 16.37% -4.41% 1648.29% -93.09% 10.13% 74.24% -25.50% 0.09% -4.08% 1.57% 1.08% 3.95% 23.80% 7.70% 6.08% 40.34% -3.81% 17.68% 32.60% 14.27% -31.98% 110.09% 95.47% 40.79% 210.78% -98.83% 2155.23% -59.68% 19.14% 3545.16% -97.98% 3.12%  
  net income margin %                                                           
  earnings per common share:                                                           
  basic2,120 880 1,890 1,880 1,740 1,510 1,400 1,630 1,620 1,840 1,900 1,760 1,580 1,400 1,540 1,750 1,400 2,070 1,500 1,340 -1,960 720 1,460 1,510 1,180 1,250 1,280 1,100 1,150 30 1,200 1,090 630 1,020 1,020 1,060 1,050 1,040 1,000 810 750 660 530 750 640 550 510 750 360 190 140 50 3,890 170 130 330    
  diluted2,110 870 1,880 1,860 1,730 1,500 1,390 1,620 1,620 1,830 1,890 1,750 1,570 1,390 1,520 1,740 1,390 2,060 1,500 1,340 -1,960 710 1,440 1,500 1,170 1,250 1,280 1,090 1,150 30 1,190 1,080 630 1,010 1,010 1,060 1,040 1,030 990 800 740 660 520 740 630 550 500 740 350 190 140 50 3,860 170 130 330    
  weighted-average common shares outstanding:                                                           
  basic101,495,000 101,410,000 76,303,000 76,299,000 76,251,000 76,301,000 76,051,000 76,139,000 76,058,000 75,902,000 74,551,000 75,606,000 75,461,000 71,447,000 70,393,000 70,066,000 70,866,000 71,009,000 54,756,000 70,905,000 43,318,000 33,566,000 34,561,000 34,057,000 35,089,000 35,445,000 36,645,000 36,677,000 36,646,000 29,686,000 29,115,000 29,095,000 28,892,000 23,995,000 23,969,000 23,966,000 23,984,000 23,981,000 23,943,000 23,899,000 23,892,000 23,873,000 21,894,000 16,790,000 16,769,000 14,651,000 13,883,000 13,818,000 13,805,000 13,185,000 12,620,000 12,612,000 12,591,000 12,547,000 11,827,000 11,180,000 10,121 10,110 10,101 
  diluted101,845,000 101,829,000 76,762,000 76,805,000 76,607,000 76,660,000 76,480,000 76,571,000 76,418,000 76,389,000 75,181,000 76,182,000 76,094,000 72,111,000 70,889,000 70,576,000 71,409,000 71,484,000 55,063,000 71,076,000 43,318,000 33,805,000 34,797,000 34,300,000 35,300,000 35,619,000 36,893,000 36,929,000 36,899,000 29,922,000 29,385,000 29,365,000 29,159,000 24,237,000 24,191,000 24,224,000 24,285,000 24,258,000 24,201,000 24,160,000 24,141,000 24,116,000 22,128,000 16,990,000 16,936,000 14,733,000 13,951,000 13,884,000 13,886,000 13,273,000 12,711,000 12,738,000 12,696,000 12,605,000 11,871,000 11,226,000 10,274 10,253 10,222 
  merger, branch consolidation, severance related and other income 68,006,000 6,531,000 3,303,000 5,785,000 4,513,000                                                      
  (recovery) benefit from credit losses  2,401,000 -6,971,000           -9,157,000 -38,903,000 -58,793,000 -58,420,000                                          
  net interest income after (recovery) benefit from credit losses  259,017,750 358,451,000           267,261,000 298,889,000 311,923,000 320,418,000                                          
  securities gains      -2,000   45,000  30,000   2,000 64,000 36,000  35,000 15,000   24,000 437,000 1,709,000 541,000 -11,000 -641,000  33,000 1,278,000 110,000   122,000      88,000     61,000   10,000 323,000    82,000    340,000  
  merger, branch consolidation and severance related expense      1,778,000 164,000 1,808,000 9,412,000                                                  
  correspondent banking and capital market income        19,187,000 13,594,000 2,605,000 20,552,000                                                
  provision (recovery) for credit losses         33,091,000 47,142,000 23,876,000 19,286,000                                               
  net interest income after provision (recovery) for credit losses         348,172,000 354,567,000 334,333,000 294,993,000                                               
  extinguishment of debt cost                                                           
  merger and branch consolidation related expense          1,543,000 13,679,000 5,390,000 10,276,000 6,644,000 17,618,000 32,970,000 10,009,000 19,836,000 21,662,000 40,279,000 4,129,000 1,494,000  2,078,000 1,114,000 4,476,000 14,096,000 11,296,000 17,621,000 1,551,000 4,307,000 21,024,000                           
  oreo and loan related income            -3,000                                               
  recovery for credit losses             -8,449,000                                              
  net interest income after recovery for credit losses             269,923,000                                              
  oreo and loan related (gain) expense             -238,000                                              
  other              6,765,500 10,942,000 9,323,000 6,797,000 12,264,000 8,571,000 2,092,000 3,955,000 4,198,000 2,584,000 2,794,000 2,188,000 2,659,000 2,503,000 2,575,000 2,138,000 1,367,000 1,491,000 1,674,000 4,475,000 2,286,000 2,205,000 2,124,000 2,285,000 2,445,000 4,139,000 3,746,000 3,811,000 2,496,000 1,419,000 1,331,000 1,945,000 712,000 581,000 605,000 622,000 1,096,000 1,319,000 1,176,000 307,000 391,000 412,000 431,000 558,000 818,000 
  oreo expense and loan related              692,250 1,527,000 240,000 1,002,000 728,000 1,146,000 1,107,000 587,000 1,013,000 597,000 881,000 751,000 -19,000 1,037,000 1,661,000 1,073,000 1,753,000 1,753,000 2,142,000 874,000 1,774,000 1,845,000 2,717,000 2,019,000 3,014,000 3,374,000 1,875,000 4,269,000 3,461,000 2,820,000 3,102,000 2,115,000 2,716,000 4,118,000 2,777,000 2,533,000 1,861,000 825,000  2,497,000 1,367,000 674,000    
  income before benefit from (benefit of) income taxes                127,560,000                                           
  benefit from (benefit of) income taxes                28,600,000                                           
  recoveries on acquired loans                         1,867,000 1,238,000 2,167,000 2,975,000 2,925,000 1,944,000 2,171,000 1,532,000                           
  pension plan termination expense                        9,526,000                                   
  benefit from loan losses                    151,474,000 36,533,000 3,557,000 4,028,000 3,704,000 1,488,000 3,117,000 4,478,000 2,454,000 3,808,000 2,062,000 2,313,000 3,707,000 2,727,000 2,557,000 826,000 1,075,000 3,144,000 818,000 2,091,000 2,169,000 849,000 659,000 179,000 1,060,000 4,642,000 2,723,000 8,323,000 4,215,000 10,641,000 10,328,000 12,509,000 20,778,000 6,990,000 4,521,000 5,043,000 2,785,000 2,332,000 1,245,000 
  net interest income after benefit from loan losses                    11,083,000 91,480,000 122,899,000 123,345,000 123,475,000 121,779,000 125,172,000 125,084,000 126,519,000 108,466,000 98,257,000 96,718,000 93,655,000 78,672,000 79,045,000 80,606,000 81,940,000 79,132,000 80,231,000 78,278,000 78,804,000 82,493,000 79,012,000 55,105,000 52,741,000 37,892,000 36,315,000 32,357,000 33,786,000 22,205,000 20,683,000 18,651,000 7,853,000 19,391,000 21,498,000 19,955,000 21,872,000 21,230,000 21,669,000 
  (benefit of) benefit from income taxes                    -24,747,000                                       
  federal funds sold and securities purchased under agreements to resell                      1,891,250 2,676,000 3,426,000 1,463,000 1,106,000 1,218,000 660,000 793,000 581,000 762,000 573,000 756,000 752,000 755,000 487,000 464,000 411,000 430,000 441,000 460,000 505,000 444,000 418,000 279,000 212,000 161,000 361,000 353,000 247,000 214,000 233,000 183,000 84,000 82,000 177,000 269,000 389,000 
  net occupancy expense                        7,616,000 7,199,000 7,630,000 7,815,000 8,166,000 6,707,000 6,214,000 6,048,000 6,388,000 5,541,000 5,359,000 5,427,000 5,395,000 5,046,000 5,237,000 5,387,000 5,731,000 5,590,000 5,046,000 2,851,000 2,932,000 2,478,000 2,248,000 2,443,000 2,346,000 2,576,000 2,046,000 1,937,000 2,373,000 1,582,000 1,559,000 1,583,000 1,528,000 1,494,000 1,498,000 
  furniture and equipment expense                         4,413,000 4,605,000 4,519,000 4,626,000 4,146,000 3,751,000 3,877,000 3,794,000 3,072,000 2,851,000 2,772,000 2,554,000 2,762,000 3,145,000 3,166,000 3,264,000 3,754,000 3,523,000 2,266,000 2,572,000 2,371,000 2,239,000 2,127,000 2,181,000 1,957,000 1,963,000 1,907,000 1,636,000 1,507,000 1,499,000 1,560,000 1,577,000 1,573,000 1,517,000 
  dividends per common share                         380 350 340 330 330 330 330 330 300 280 260 250 240 230 210 200 190 190 180 180 170 170 170 170 170 170 170 170 170 170 170    
  other-than-temporary impairment losses                             -188,250 -753,000                             
  bankcard expense                          379,000 311,000 3,654,000 2,894,000 2,748,000 2,886,000 2,770,000 3,040,000 2,879,000 2,607,000 2,448,000 2,285,000 1,980,000 2,141,000 2,187,000 2,299,000 1,752,000 1,236,000 1,164,000               
  amortization of fdic indemnification asset                                 -4,427,000 -1,475,000 -1,467,000 -1,871,000                       
  branch and conversion related expense                                 1,573,000 958,000                         
  branch acquisition and consolidation expense                                   1,617,000 3,091,000                       
  merger expense                                                           
  preferred stock dividends                                         1,073,000 542,000            450,000 665,000    
  net income available to common shareholders                                   25,535,000 25,140,000 24,872,000 23,926,000 19,327,000 17,946,000 15,844,000 11,512,000        1,787,000 575,000 48,961,000 2,171,000 1,525,000 3,706,000    
  amortization of fdic indemnification assets                                                           
  branch consolidation expense                                     2,237,000                      
  merger and branding related expense                                       6,846,000 6,510,000 5,985,000                  
  service charges on deposit accounts                                      8,108,000 9,126,000 9,144,000 8,988,000 8,966,000 5,736,000 5,761,000 5,886,000 5,447,000 6,050,000 5,615,000 5,030,000 5,683,000 5,582,000 4,523,000 4,089,000 3,819,000 3,585,000 4,157,000 4,032,000 3,805,000 
  bankcard services income                                      7,599,000 7,489,000 7,741,000 7,124,000 6,493,000 4,245,000 3,893,000 3,618,000 3,320,000 2,980,000 3,045,000 2,659,000 2,397,000 2,348,000 1,799,000 1,278,000 1,290,000 1,182,000 1,247,000 1,276,000 1,156,000 
  accretion of fdic indemnification assets                                                           
  merger and conversion related expense                                          10,397,000 860,000 1,963,000 1,998,000              
  gains on acquisitions                                               11,001,000            
  merger-related expense                                              96,000 1,587,000 598,000 609,000 566,000 964,000 3,908,000       
  accretion (amortization) of fdic indemnification asset                                                           
  federal home loan bank advances prepayment fee                                                    3,189,000       
  accretion on fdic indemnification asset                                                           
  gain on acquisition                                                 5,528,000   98,081,000       
  total other-than-temporary impairment losses                                                           
  portion of impairment losses recognized in other comprehensive loss                                                     3,048,000 1,938,000     
  net impairment losses recognized in earnings                                                           
  accretion on preferred stock discount                                                      3,410,000 149,000    
  money market funds                                                     3,000 21,000 44,000    
  deposits with banks                                                    19,000 2,000 4,000  3,000 15,000 32,000 
  oreo income and loan related                                                           
  benefit for income taxes                                                     1,014,000      
  loans                                                        35,727,000 35,016,000 36,785,000 
  earnings per share:                                                           
  basic                                                        0.01 0.61 0.59 
  diluted                                                        0.01 0.6 0.58 
  dividends per share                                                        0.17 0.17 0.17 
  net interest income:                                                           

We provide you with 20 years income statements for South State stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of South State stock. Explore the full financial landscape of South State stock with our expertly curated income statements.

The information provided in this report about South State stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.