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Regulatory Matters (Tables)

12 Months Ended

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	%