Southern States Bancshares Inc (SSBK)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2024 | 12-2023 | 12-2022 | 12-2021 | 12-2020 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 34,868 | 31,952 | 27,071 | 18,567 | 12,107 |
| Depreciation Amortization | 2,469 | 2,087 | 2,431 | 3,109 | 2,825 |
| Income taxes - deferred | -524 | -2,939 | -2,696 | -973 | -1,587 |
| Other Working Capital | -27 | -216 | -988 | 3,223 | -4,569 |
| Loans | 46 | 597 | 1,353 | 3,296 | -3,118 |
| Other Operating Activity | 2,676 | 7,873 | 11,695 | 2,481 | 5,796 |
| Operating Cash Flow | $39,508 | $39,354 | $38,866 | $29,703 | $11,454 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -1,361 | -249 | -2,600 | -4,507 | -6,272 |
| Net Acquisitions | 74,262 | N/A | N/A | N/A | N/A |
| Purchase Of Investment | -56,105 | -52,225 | -52,331 | -76,263 | -91,475 |
| Sale Of Investment | 147,111 | 30,030 | 13,910 | 32,355 | 35,296 |
| Net Loans | -215,187 | -296,739 | -337,157 | -220,282 | -199,324 |
| Other Investing Activity | -3,576 | 403 | -8,983 | 7,942 | 1,702 |
| Investing Cash Flow | $-54,856 | $-318,780 | $-387,161 | $-260,755 | $-260,073 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | -8,560 | 27,378 | -12,517 | 4,500 | 30,900 |
| Debt Repayment | N/A | N/A | 86,314 | -4,500 | N/A |
| Common Stock Issued | 446 | 1,926 | 222 | 21,123 | 86 |
| Common Stock Repurchased | 0 | -979 | -7,358 | 0 | N/A |
| Dividend Paid | -3,316 | -3,193 | -3,165 | -2,892 | -1,842 |
| Financing Cash Flow | $24,931 | $361,578 | $232,838 | $430,101 | $218,291 |
| Beginning Cash Position | 250,651 | 168,499 | 283,956 | 84,907 | 115,235 |
| End Cash Position | 260,234 | 250,651 | 168,499 | 283,956 | 84,907 |
| Net Cash Flow | $9,583 | $82,152 | $-115,457 | $199,049 | $-30,328 |
| Free Cash Flow | |||||
| Operating Cash Flow | 39,508 | 39,354 | 38,866 | 29,703 | 11,454 |
| Capital Expenditure | -1,361 | -249 | -2,600 | -4,507 | -6,648 |
| Free Cash Flow | 38,147 | 39,105 | 36,266 | 25,196 | 4,806 |