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Southstate Bank Corporation (SSB)

Southstate Bank Corporation (SSB)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  03-2021 12-2020 09-2020 06-2020 03-2020
Cash Flows From Operating Activities
Net Income 146,949 120,632 34,396 -60,825 24,110
Depreciation Amortization 14,540 12,428 1,305 23,775 -1,023
Income taxes - deferred 21,037 -44,282 -31,577 -21,442 -4,878
Other Working Capital 200,826 199,498 127,216 -40,418 -14,657
Loans -71,661 217,768 61,925 -81,467 -12,803
Other Operating Activity -12,656 30,899 162,838 250,245 50,334
Operating Cash Flow $299,035 $536,943 $356,103 $69,868 $41,083
Cash Flows From Investing Activities
PPE Investments 1,971 9,357 -4,051 -6,211 -1,196
Net Acquisitions -39,929 2,566,376 2,566,376 2,566,376 N/A
Purchase Of Investment -1,128,499 -2,353,352 -1,282,368 -324,396 -104,003
Sale Of Investment 234,613 1,132,326 770,955 294,843 113,381
Net Loans 181,474 -144,584 -728,843 -1,040,111 -127,549
Other Investing Activity 0 19,655 19,207 0 0
Investing Cash Flow $-750,370 $1,229,778 $1,341,276 $1,490,501 $-119,367
Cash Flows From Financing Activities
Change In Short Term Borrowing 98,915 79,379 6,436 20,191 26,982
Debt Issued N/A 500,000 500,000 500,000 500,000
Debt Repayment N/A -1,200,103 -500,005 -500,004 -2
Common Stock Issued 1,771 3,218 1,547 945 403
Common Stock Repurchased -804 -32,431 -32,353 -32,160 -26,578
Dividend Paid -33,448 -98,256 -64,907 -31,573 -15,840
Financing Cash Flow $1,816,217 $2,153,830 $2,085,556 $2,114,635 $652,416
Beginning Cash Position 4,609,255 688,704 688,704 688,704 688,704
End Cash Position 5,974,137 4,609,255 4,471,639 4,363,708 1,262,836
Net Cash Flow $1,364,882 $3,920,551 $3,782,935 $3,675,004 $574,132
Free Cash Flow
Operating Cash Flow 299,035 536,943 356,103 69,868 41,083
Capital Expenditure -5,580 -16,930 -13,009 -9,082 -2,193
Free Cash Flow 293,455 520,013 343,094 60,786 38,890
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