Name | Value |
---|---|
Revenues | 25.5M |
Cost of Revenue | 0.0M |
Gross Profit | 25.5M |
Operating Expense | 6.6M |
Operating I/L | 18.9M |
Other Income/Expense | -5.8M |
Interest Income | 26.7M |
Pretax | 13.1M |
Income Tax Expense | 2.5M |
Net Income/Loss | 10.6M |
Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank, offering community banking services. It provides various deposit products, real estate loan products, commercial and industrial loans, and consumer installment loans. The company also offers online and mobile banking, as well as ATM services. With 15 offices in Alabama and Georgia, and a loan production office in Atlanta, Georgia, Southern States Bancshares, Inc. generates revenue through interest income from loans, fees from banking services, and returns on its deposit products.