XML 80 R70.htm IDEA: XBRL DOCUMENT
v3.23.3

Allowance for Credit Losses (ACL) - Disaggregated analysis of the changes in allowance for credit losses (Details) - USD ($) $ in Thousands |  | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Mar. 01, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | Dec. 31, 2022
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | $ 427,392 | $ 319,708 | $ 356,444 | $ 301,807 | $ 301,807
Charge-offs |  | (17,970) | (7,126) | (30,175) | (18,779) | (23,446)
Recoveries |  | 4,773 | 8,388 | 12,630 | 15,379 |
Net (charge-offs) recoveries |  | (13,197) | 1,262 | (17,545) | (3,400) |
Provision (recovery) |  | 33,761 | 3,428 | 109,057 | (1,464) |
Balance at end of period |  | 447,956 | 324,398 | 447,956 | 324,398 | 356,444
Unfunded Commitment |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Provision (recovery) |  | 1,100 | 20,000 | 4,900 | 22,500 |
Initial PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 13,758 |  | 13,758 |
Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 13,697 |  | 13,697 |
Residential Mortgage Sr. |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 81,469 | 55,707 | 72,188 | 47,036 | 47,036
Charge-offs |  | (57) | (50) | (96) | (169) |
Recoveries |  | 240 | 376 | 836 | 1,131 |
Net (charge-offs) recoveries |  | 183 | 326 | 740 | 962 |
Provision (recovery) |  | (4,601) | 11,987 | 4,123 | 18,859 |
Balance at end of period |  | 77,051 | 68,020 | 77,051 | 68,020 | 72,188
Residential Mortgage Sr. | Initial PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 811 |  | 811 |
Residential Mortgage Sr. | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 352 |  | 352 |
Residential Mortgage Jr. |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 392 | 533 | 405 | 611 | 611
Charge-offs |  |  |  |  | (19) |
Recoveries |  | 28 | 30 | 36 | 195 |
Net (charge-offs) recoveries |  | 28 | 30 | 36 | 176 |
Provision (recovery) |  | 74 | (40) | 53 | (290) |
Balance at end of period |  | 494 | 523 | 494 | 523 | 405
Residential Mortgage Jr. | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 26 |  | 26 |
HELOC |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 14,212 | 16,918 | 14,886 | 13,325 | 13,325
Charge-offs |  | (88) | (23) | (127) | (444) |
Recoveries |  | 226 | 3,151 | 1,003 | 3,803 |
Net (charge-offs) recoveries |  | 138 | 3,128 | 876 | 3,359 |
Provision (recovery) |  | (1,036) | (3,980) | (2,448) | (750) |
Balance at end of period |  | 13,314 | 16,066 | 13,314 | 16,066 | 14,886
HELOC | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 132 |  | 132 |
Residential Construction |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 8,869 | 7,565 | 8,974 | 4,997 | 4,997
Recoveries |  | 3 | 2 | 97 | 7 |
Net (charge-offs) recoveries |  | 3 | 2 | 97 | 7 |
Provision (recovery) |  | (1,643) | 763 | (1,842) | 3,324 |
Balance at end of period |  | 7,229 | 8,330 | 7,229 | 8,330 | 8,974
Residential Construction | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 2 |  | 2 |
Commercial Construction and Development |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 55,314 | 27,730 | 45,410 | 37,593 | 37,593
Charge-offs |  | (8) |  | (10) | (4) |
Recoveries |  | 67 | 280 | 523 | 924 |
Net (charge-offs) recoveries |  | 59 | 280 | 513 | 920 |
Provision (recovery) |  | 9,099 | 3,798 | 18,549 | (8,678) |
Balance at end of period |  | 64,472 | 31,808 | 64,472 | 31,808 | 45,410
Commercial Construction and Development | Initial PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 86 |  | 86 |
Commercial Construction and Development | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 1,887 |  | 1,887 |
Consumer |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 24,577 | 24,752 | 22,767 | 23,149 | 23,149
Charge-offs |  | (3,129) | (2,742) | (8,875) | (7,527) |
Recoveries |  | 651 | 573 | 1,755 | 1,765 |
Net (charge-offs) recoveries |  | (2,478) | (2,169) | (7,120) | (5,762) |
Provision (recovery) |  | 656 | 4,221 | 7,108 | 9,366 |
Balance at end of period |  | 22,755 | 26,804 | 22,755 | 26,804 | 22,767
Consumer | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 51 |  | 51 |
Multifamily |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 9,767 | 2,458 | 3,684 | 4,921 | 4,921
Provision (recovery) |  | 2,825 | 666 | 8,908 | (2,223) |
Balance at end of period |  | 12,592 | 3,124 | 12,592 | 3,124 | 3,684
Multifamily | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 426 |  | 426 |
Municipal |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 745 | 703 | 849 | 565 | 565
Provision (recovery) |  | 56 | (1) | (48) | 137 |
Balance at end of period |  | 801 | 702 | 801 | 702 | 849
CRE Owner Occupied |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 70,759 | 64,688 | 58,083 | 61,794 | 61,794
Charge-offs |  | (91) | (1,353) | (126) | (1,802) |
Recoveries |  | 415 | 569 | 801 | 977 |
Net (charge-offs) recoveries |  | 324 | (784) | 675 | (825) |
Provision (recovery) |  | 1,932 | (9,745) | 14,257 | (11,738) |
Balance at end of period |  | 73,015 | 54,159 | 73,015 | 54,159 | 58,083
CRE Owner Occupied | Initial PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 2,409 |  | 2,409 |
CRE Owner Occupied | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 2,519 |  | 2,519 |
Non Owner Occupied CRE |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 115,269 | 85,169 | 78,485 | 79,649 | 79,649
Charge-offs |  |  | (8) | (51) | (368) |
Recoveries |  | 511 | 29 | 951 | 402 |
Net (charge-offs) recoveries |  | 511 | 21 | 900 | 34 |
Provision (recovery) |  | 8,749 | (8,937) | 45,144 | (6,127) |
Balance at end of period |  | 124,529 | 76,253 | 124,529 | 76,253 | 78,485
Non Owner Occupied CRE | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 2,697 |  | 2,697 |
C & I |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at beginning of period |  | 46,019 | 33,485 | 50,713 | 28,167 | 28,167
Charge-offs |  | (14,597) | (2,950) | (20,890) | (8,446) |
Recoveries |  | 2,632 | 3,378 | 6,628 | 6,175 |
Net (charge-offs) recoveries |  | (11,965) | 428 | (14,262) | (2,271) |
Provision (recovery) |  | 17,650 | 4,696 | 15,253 | (3,344) |
Balance at end of period |  | $ 51,704 | 38,609 | $ 51,704 | 38,609 | $ 50,713
C & I | Initial PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | 10,452 |  | 10,452 |
C & I | Initial Non PCD Allowance |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Balance at end of period |  |  | $ 5,605 |  | $ 5,605 |
Atlantic Capital |  |  |  |  |  |
Allowance for credit losses |  |  |  |  |  |
Charge-offs | $ (22,100) |  |  |  |  |

X
- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479344/326-20-45-1 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, excluding accrued interest, of increase in allowance for credit loss on financing receivable from recovery. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of decrease in allowance for credit loss on financing receivable from writeoff. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-6 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of decrease (increase) in allowance for credit loss on financing receivable from writeoff (recovery). Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount, excluding accrued interest, of credit loss expense (reversal of expense) on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=us-gaap_UnfundedLoanCommitmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditLossStatusAxis=us-gaap_FinancialAssetAcquiredWithCreditDeteriorationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditLossStatusAxis=us-gaap_FinancialAssetAcquiredAndNoCreditDeteriorationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductThreeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductFourMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductFiveMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductSixMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductSevenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductEightMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductNineMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductTenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ProductOrServiceAxis=ssb_FinancialServiceProductElevenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=ssb_AtlanticCapitalBancsharesIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |