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Capital Ratios (Tables)

3 Months Ended

Mar. 31, 2024

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
March 31, 2024:
Common equity Tier 1 to risk-weighted assets:
Consolidated		$	4,203,524		11.95	%	$	2,461,344		7.00	%	$	2,285,534		6.50	%
SouthState Bank (the Bank)			4,447,788		12.67	%		2,458,057		7.00	%		2,282,481		6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated			4,203,524		11.95	%		2,988,775		8.50	%		2,812,965		8.00	%
SouthState Bank (the Bank)			4,447,788		12.67	%		2,984,783		8.50	%		2,809,208		8.00	%
Total capital to risk-weighted assets:
Consolidated			5,036,477		14.32	%		3,692,016		10.50	%		3,516,206		10.00	%
SouthState Bank (the Bank)			4,890,571		13.93	%		3,687,085		10.50	%		3,511,510		10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated			4,203,524		9.58	%		1,754,572		4.00	%		2,193,216		5.00	%
SouthState Bank (the Bank)			4,447,788		10.14	%		1,753,939		4.00	%		2,192,423		5.00	%
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	%