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Capital Ratios (Tables)

6 Months Ended

Jun. 30, 2021

Capital Ratios

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
June 30, 2021:
Common equity Tier 1 to risk-weighted assets:
Consolidated		$	3,102,963		12.14	%	$	1,789,798		7.00	%	$	1,661,955		6.50	%
South State Bank (the Bank)			3,308,073		12.98	%		1,784,618		7.00	%		1,657,145		6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated			3,102,963		12.14	%		2,173,326		8.50	%		2,045,483		8.00	%
South State Bank (the Bank)			3,308,073		12.98	%		2,167,036		8.50	%		2,039,563		8.00	%
Total capital to risk-weighted assets:
Consolidated			3,609,452		14.12	%		2,684,696		10.50	%		2,556,854		10.00	%
South State Bank (the Bank)			3,486,562		13.68	%		2,676,927		10.50	%		2,549,454		10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated			3,102,963		8.13	%		1,526,815		4.00	%		1,908,518		5.00	%
South State Bank (the Bank)			3,308,073		8.69	%		1,522,405		4.00	%		1,903,006		5.00	%
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	%