Southstate Corporation SEC Filings

SouthState Corp (SSB) filed a Form 4 disclosing that director G. Stacy Smith purchased 2,500 common shares on 08/01/2025 at $92.30 each (transaction code P). The ~$231k buy lifts Smith’s direct holding to 39,546 shares, an increase of roughly 7 % from the prior level. No derivative positions or insider sales were reported, and the filing does not reference a Rule 10b5-1 trading plan.

Director buying can serve as a modest positive sentiment indicator, yet the dollar amount is immaterial relative to SouthState’s market capitalization and has no direct effect on earnings, capital ratios or strategy. The event is therefore best viewed as a limited confidence signal rather than a market-moving catalyst.

SouthState Corp. (SSB) – Form 4 insider filing

Chief Credit Officer Daniel E. Bockhorst reported RSU vesting on 31 Jul 2025. He received 1,491 common shares at a $0 exercise price (code “M”). To satisfy withholding taxes, 36 shares were surrendered at $94.17 (code “F”). Net change is an increase of 1,455 shares, bringing his direct holdings to 36,785 shares.

The RSUs were granted 31 Jul 2023 and vest annually in one-third increments; this filing covers the first tranche. No derivative positions remain and no open-market transactions occurred. The event is routine equity compensation and slightly boosts insider ownership, offering a modestly positive governance signal.

SouthState Corp. (SSB) Q2-25 10-Q highlights

• Balance-sheet expansion: Total assets jumped 42% to $65.9 bn vs. $46.4 bn at 12/31/24, driven by a 40% surge in net loans to $46.6 bn and a 41% rise in deposits to $53.7 bn. Common shares outstanding rose to 101.5 m (vs. 76.3 m), evidencing a sizable share-for-share acquisition completed in H1-25.
• Earnings momentum: Q2 net income increased 63% YoY to $215.2 m on net interest income of $577.9 m (+65%). Diluted EPS improved to $2.11 (vs. $1.73). ROE benefited from scale despite higher equity base.
• Net interest margin drivers: Interest income rose 58% to $840.5 m, eclipsing the 45% climb in interest expense to $262.6 m. Deposit costs remain the largest pressure point ($241.6 m, +46%). Provision expense stayed modest at $7.5 m.
• Noninterest items volatile: H1 recorded a $229 m gain on a sale-leaseback but an offsetting $229 m securities loss; fee lines (deposit, trust, capital markets) all posted double-digit YoY growth.
• Expense uptick: Total noninterest expense rose 51% to $375.1 m, reflecting head-count from the acquisition, higher occupancy, and $24.4 m of merger-related costs.
• Capital & liquidity: Cash and equivalents climbed to $3.46 bn (vs. $1.39 bn). Goodwill and intangibles now total $3.53 bn, or 5.4% of assets.
• Six-month view: Net income $304.3 m (+23%), yet diluted EPS slipped 7% to $2.99 due to share dilution. OCI gains of $235 m partially reversed earlier AFS mark-to-market losses.

On 24 Jul 2025, SouthState Corporation (NYSE: SSB) filed an 8-K covering three key items:

• Item 2.02 – Results of Operations: The Company issued a press release (Ex. 99.1) and slide deck (Ex. 99.2) with financial results for Q2-25; specific figures are not included in the filing. A conference call is scheduled for 25 Jul 2025 at 9:00 a.m. ET (dial-in +1 888-350-3899, passcode 4200408).
• Item 7.01 – Reg FD: The same presentation will be used during the call and is furnished, not filed, thereby limiting liability under §18 of the Exchange Act.
• Item 8.01 – Other Events: The Board raised the quarterly cash dividend 11% to $0.60/share (from $0.54). The dividend is payable 15 Aug 2025 to holders of record on 8 Aug 2025.

No financial tables or detailed earnings metrics are contained within the body of this 8-K; investors must review the attached exhibits for full results.