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Regulatory Matters (Tables)

12 Months Ended

Dec. 31, 2023

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, 2023:
Common equity Tier 1 to risk-weighted assets:
Consolidated		$	4,159,187		11.75	%	$	2,476,926		7.00	%	$	2,300,003		6.50	%
SouthState Bank (the Bank)			4,424,466		12.52	%		2,473,961		7.00	%		2,297,250		6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated			4,159,187		11.75	%		3,007,696		8.50	%		2,830,773		8.00	%
SouthState Bank (the Bank)			4,424,466		12.52	%		3,004,096		8.50	%		2,827,384		8.00	%
Total capital to risk-weighted assets:
Consolidated			4,983,012		14.08	%		3,715,389		10.50	%		3,538,466		10.00	%
SouthState Bank (the Bank)			4,858,292		13.75	%		3,710,942		10.50	%		3,534,230		10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated			4,159,187		9.42	%		1,765,295		4.00	%		2,206,619		5.00	%
SouthState Bank (the Bank)			4,424,466		10.03	%		1,764,736		4.00	%		2,205,921		5.00	%
December 31, 2022:
Common equity Tier 1 to risk-weighted assets:
Consolidated		$	3,788,106		10.96	%	$	2,420,417		7.00	%	$	2,247,530		6.50	%
SouthState Bank (the Bank)			4,074,045		11.80	%		2,417,133		7.00	%		2,244,481		6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated			3,788,106		10.96	%		2,939,077		8.50	%		2,766,190		8.00	%
SouthState Bank (the Bank)			4,074,045		11.80	%		2,935,090		8.50	%		2,762,438		8.00	%
Total capital to risk-weighted assets:
Consolidated			4,485,397		12.97	%		3,630,625		10.50	%		3,457,738		10.00	%
SouthState Bank (the Bank)			4,381,336		12.69	%		3,625,700		10.50	%		3,453,047		10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated			3,788,106		8.72	%		1,736,991		4.00	%		2,171,239		5.00	%
SouthState Bank (the Bank)			4,074,045		9.39	%		1,736,330		4.00	%		2,170,412		5.00	%