News Releases

Second Quarter 2022 Highlights Linked-quarter loan growth was 36.8% annualized Net income of $5.2 million, or $0.59 per diluted share Core net income (1) of $5.3 million, or $0.59 per diluted share (1) Net interest margin (“NIM”) of 3.84%, up 31 basis points from the prior quarter NIM of 3.86% on a

ANNISTON, Ala., July 20, 2022 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced that its Board of Directors has declared a cash dividend on

ANNISTON, Ala., June 22, 2022 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”) announced today that it has extended its registered exchange offer to exchange up to $48,000,000 aggregate principal amount of 3.50% Fixed-to-Floating Rate

TALLADEGA, Ala. and ANNISTON, Ala., May 23, 2022 (GLOBE NEWSWIRE) -- Talladega-based First Bank of Alabama (“FBA”), subsidiary of FirstBanc of Alabama, Inc. and Anniston-based Southern States Bank (“Southern States”), subsidiary of Southern States Bancshares, Inc.

First Quarter 2022 Highlights Linked-quarter loan growth was 19.4% annualized Net income of $4.6 million, or $0.50 per diluted share Core net income (1) of $4.8 million, or $0.53 per diluted share (1) Return on average assets (“ROAA”) of 1.03%; return on average stockholders’ equity (“ROAE”) of