Southern States Bancshares, Inc. (SSBK) Misses Q4 EPS by 6c

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Southern States Bancshares, Inc. Announces Fourth Quarter 2023 Financial Results

January 22, 2024 7:55 AM EST

Fourth Quarter 2023 Performance and Operational Highlights

Core net income(1) of $7.3 million, or $0.81 per diluted share(1)Net income of $8.9 million, or $0.99 per diluted shareNet interest income of $20.4 million, a decrease of $327,000 from the prior quarterNet interest margin (NIM) of 3.69%, down 9 basis points from the prior... More