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v3.20.4

Regulatory Matters (Tables) | 12 Months Ended
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Dec. 31, 2020
Regulatory Matters |
Schedule of actual and required capital ratios | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Required to be |
​ | ​ | ​ | ​ | ​ | ​ | ​ | Minimum Capital |  | Considered Well |
​ | ​ | Actual | ​ | Required - Basel III | ​ | Capitalized | ​
(Dollars in thousands) |  | Amount |  | Ratio |  | Capital Amount |  | Ratio |  | Capital Amount |  | Ratio |
December 31, 2020 | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​
Common equity Tier 1 to risk-weighted assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated | ​ | $ | 3,010,174 |  | 11.77 | % | $ | 1,789,984 | ​ | 7.00 | % | $ | 1,662,128 |  | 6.50 | %
South State Bank (the Bank) | ​ |  | 3,157,098 |  | 12.39 | % |  | 1,784,120 | ​ | 7.00 | % |  | 1,656,683 |  | 6.50 | %
Tier 1 capital to risk-weighted assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated | ​ |  | 3,010,174 |  | 11.77 | % |  | 2,173,552 | ​ | 8.50 | % |  | 2,045,696 |  | 8.00 | %
South State Bank (the Bank) | ​ |  | 3,157,098 |  | 12.39 | % |  | 2,166,432 | ​ | 8.50 | % |  | 2,038,994 |  | 8.00 | %
Total capital to risk-weighted assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated | ​ |  | 3,642,039 |  | 14.24 | % |  | 2,684,976 | ​ | 10.50 | % |  | 2,557,120 |  | 10.00 | %
South State Bank (the Bank) | ​ |  | 3,397,463 |  | 13.33 | % |  | 2,676,180 | ​ | 10.50 | % |  | 2,548,743 |  | 10.00 | %
Tier 1 capital to average assets (leverage ratio): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated | ​ |  | 3,010,174 |  | 8.27 | % |  | 1,455,135 | ​ | 4.00 | % |  | 1,818,919 |  | 5.00 | %
South State Bank (the Bank) | ​ |  | 3,157,098 |  | 8.71 | % |  | 1,450,600 | ​ | 4.00 | % |  | 1,813,250 |  | 5.00 | %
December 31, 2019: | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​
Common equity Tier 1 to risk-weighted assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated | ​ | $ | 1,326,725 |  | 11.30 | % | $ | 822,225 | ​ | 7.00 | % | $ | 763,495 |  | 6.50 | %
South State Bank (the Bank) | ​ |  | 1,417,616 |  | 12.07 | % |  | 822,218 | ​ | 7.00 | % |  | 763,488 |  | 6.50 | %
Tier 1 capital to risk-weighted assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated | ​ |  | 1,438,995 |  | 12.25 | % |  | 998,416 | ​ | 8.50 | % |  | 939,686 |  | 8.00 | %
South State Bank (the Bank) | ​ |  | 1,417,616 |  | 12.07 | % |  | 998,407 | ​ | 8.50 | % |  | 939,677 |  | 8.00 | %
Total capital to risk-weighted assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated | ​ |  | 1,501,321 |  | 12.78 | % |  | 1,233,338 | ​ | 10.50 | % |  | 1,174,607 |  | 10.00 | %
South State Bank (the Bank) | ​ |  | 1,479,942 |  | 12.60 | % |  | 1,233,327 | ​ | 10.50 | % |  | 1,174,597 |  | 10.00 | %
Tier 1 capital to average assets (leverage ratio): | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Consolidated | ​ |  | 1,438,995 |  | 9.73 | % |  | 591,731 | ​ | 4.00 | % |  | 739,664 |  | 5.00 | %
South State Bank (the Bank) | ​ |  | 1,417,616 |  | 9.59 | % |  | 591,592 | ​ | 4.00 | % |  | 739,490 |  | 5.00 | %

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- Definition Tabular disclosure of the capital amounts and ratios as of the balance sheet date, indicating whether the entity or entities are in compliance with regulatory capital requirements, by entity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958570-112826 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 505 -Section 50 -Paragraph 1 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=117337116&loc=SL5958568-112826 + Details
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