South State Bank Mortgage Rates, Fees & Info
Columbia, SCLEI: 549300K7EA6G6K9GYL80
Tax ID: 57-0219408
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Bank Data
Review & Overview
South State Bank is a small bank specializing in Home Purchase loans. South State Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Charleston, Charlotte, Greenville, Hilton Head Island, and Augusta among others. We have data for 108 markets. (Some data included below & more in-depth data is available with an active subscription.)South State Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. South State Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
8,107Origination Dollar Volume (All Markets)
$2,193,395,000Employee count
2,546 Show all (30) awardsSouth State Bank - 2019
South State Bank is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
Work for South State Bank?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1,109 | $355,005,000 | $320,113 | $6,821 | 4.45% |
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1,252 | $354,630,000 | $283,251 | $6,607 | 4.31% |
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1,050 | $253,510,000 | $241,438 | $5,759 | 4.36% |
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 561 | $216,555,000 | $386,016 | $6,763 | 4.29% |
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 752 | $171,100,000 | $227,527 | $5,334 | 4.15% |
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 710 | $139,520,000 | $196,507 | $5,224 | 4.41% |
Outside of Metro Areas | 412 | $125,020,000 | $303,447 | $5,627 | 4.86% |
WILMINGTON, NC (FHA|USDA|VA) | 118 | $95,810,000 | $811,949 | $6,210 | 4.31% |
COLUMBIA, SC (FHA|USDA|VA) | 393 | $84,625,000 | $215,331 | $5,662 | 4.57% |
SAVANNAH, GA (FHA|USDA|VA) | 225 | $74,095,000 | $329,311 | $7,469 | 4.25% |
Seneca, SC (FHA|USDA|VA) | 182 | $48,110,000 | $264,341 | $6,282 | 4.20% |
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 66 | $43,440,000 | $658,182 | $6,356 | 4.37% |
Georgetown, SC (FHA|USDA|VA) | 133 | $26,535,000 | $199,511 | $5,736 | 4.70% |
RICHMOND, VA (FHA|USDA|VA) | 100 | $21,640,000 | $216,400 | $6,441 | 4.43% |
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 12 | $21,630,000 | $1,802,500 | $6,273 | 4.38% |
SPARTANBURG, SC (FHA|USDA|VA) | 87 | $20,605,000 | $236,839 | $5,480 | 4.10% |
RALEIGH-CARY, NC (FHA|USDA|VA) | 82 | $19,710,000 | $240,366 | $5,540 | 3.94% |
FLORENCE, SC (FHA|USDA|VA) | 155 | $17,345,000 | $111,903 | $4,766 | 4.95% |
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 63 | $14,805,000 | $235,000 | $5,487 | 4.17% |
Orangeburg, SC (FHA|USDA|VA) | 114 | $13,960,000 | $122,456 | $3,911 | 4.69% |
Cornelia, GA (FHA|USDA|VA) | 74 | $9,830,000 | $132,838 | $4,023 | 4.32% |
Greenwood, SC (FHA|USDA|VA) | 54 | $7,330,000 | $135,741 | $4,480 | 4.97% |
Jefferson, GA (FHA|USDA|VA) | 35 | $5,925,000 | $169,286 | $4,997 | 4.90% |
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 22 | $5,360,000 | $243,636 | $6,468 | 4.39% |
GAINESVILLE, GA (FHA|USDA|VA) | 28 | $4,370,000 | $156,071 | $5,125 | 4.17% |
ASHEVILLE, NC (FHA|USDA|VA) | 21 | $3,815,000 | $181,667 | $5,096 | 4.49% |
Toccoa, GA (FHA|USDA|VA) | 24 | $3,420,000 | $142,500 | $4,498 | 4.38% |
SUMTER, SC (FHA|USDA|VA) | 29 | $2,815,000 | $97,069 | $3,825 | 5.55% |
JACKSONVILLE, NC (FHA|USDA|VA) | 11 | $2,315,000 | $210,455 | $6,885 | 4.49% |
Newberry, SC (FHA|USDA|VA) | 15 | $1,795,000 | $119,667 | $5,070 | 4.92% |
Cullowhee, NC (FHA|USDA|VA) | 4 | $1,760,000 | $440,000 | $7,559 | 3.97% |
Morehead City, NC (FHA|USDA|VA) | 7 | $1,685,000 | $240,714 | $8,506 | 5.55% |
Brevard, NC (FHA|USDA|VA) | 5 | $1,565,000 | $313,000 | $4,714 | 3.80% |
Forest City, NC (FHA|USDA|VA) | 4 | $1,460,000 | $365,000 | $5,393 | 3.94% |
BRUNSWICK, GA (FHA|USDA|VA) | 6 | $1,420,000 | $236,667 | $4,811 | 4.78% |
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $6,762 | 3.90% |
JACKSONVILLE, FL (FHA|USDA|VA) | 16 | $1,350,000 | $84,375 | $0 | 6.63% |
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 6 | $1,020,000 | $170,000 | $3,211 | 3.89% |
Boone, NC (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $5,408 | 4.55% |
Albemarle, NC (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $6,992 | 4.69% |
HINESVILLE, GA (FHA|USDA|VA) | 5 | $845,000 | $169,000 | $6,031 | 4.78% |
WINSTON-SALEM, NC (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $4,447 | 4.35% |
Marion, NC (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $7,626 | 4.94% |
Union, SC (FHA|USDA|VA) | 13 | $695,000 | $53,462 | $2,720 | 5.71% |
Gaffney, SC (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $3,960 | 4.68% |
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 6 | $550,000 | $91,667 | $0 | 6.70% |
Statesboro, GA (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $4,413 | 4.81% |
GREENVILLE, NC (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $8,366 | 3.75% |
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 5.50% |
Lumberton, NC (FHA|USDA|VA) | 5 | $495,000 | $99,000 | $0 | 6.18% |
FAYETTEVILLE, NC (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $5,812 | 6.10% |
VALDOSTA, GA (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $5,742 | 3.63% |
COLUMBUS, GA-AL (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $2,492 | 6.18% |
Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $4,744 | 4.25% |
ANNISTON-OXFORD, AL (FHA|USDA|VA) | 8 | $440,000 | $55,000 | $0 | 7.16% |
NEW BERN, NC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,131 | 6.25% |
Henderson, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,353 | 4.50% |
HATTIESBURG, MS (FHA|USDA|VA) | 5 | $245,000 | $49,000 | $0 | 7.22% |
Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 6.00% |
ROANOKE, VA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $12,086 | 5.13% |
Lake City, FL (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 6.38% |
Talladega-Sylacauga, AL (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $0 | 7.12% |
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 5 | $205,000 | $41,000 | $0 | 6.70% |
Bennettsville, SC (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 8.12% |
CHARLOTTESVILLE, VA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,499 | 3.69% |
DECATUR, AL (FHA|USDA|VA) | 4 | $190,000 | $47,500 | $0 | 7.03% |
MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 6.50% |
Jesup, GA (FHA|USDA|VA) | 3 | $175,000 | $58,333 | $0 | 6.33% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $175,000 | $58,333 | $0 | 6.78% |
Albertville, AL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 6.80% |
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.00% |
MONTGOMERY, AL (FHA|USDA|VA) | 3 | $155,000 | $51,667 | $0 | 7.17% |
ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 6.50% |
MOBILE, AL (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 8.55% |
GULFPORT-BILOXI, MS (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 7.25% |
North Wilkesboro, NC (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 6.88% |
BURLINGTON, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,016 | 3.50% |
GAINESVILLE, FL (FHA|USDA|VA) | 3 | $115,000 | $38,333 | $0 | 6.67% |
Shelby, NC (FHA|USDA|VA) | 3 | $115,000 | $38,333 | $3,438 | 5.38% |
GOLDSBORO, NC (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 7.25% |
AUBURN-OPELIKA, AL (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 6.25% |
TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.99% |
St. Marys, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.00% |
Waycross, GA (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 6.88% |
THE VILLAGES, FL (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 6.18% |
HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 6.68% |
Thomaston, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.50% |
DOTHAN, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.25% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 7.25% |
Mount Airy, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,555 | 4.75% |
Picayune, MS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 7.25% |
Fitzgerald, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.00% |
OCALA, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.50% |
Wilson, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 7.25% |
Jasper, AL (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $0 | 7.00% |
WARNER ROBINS, GA (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $3,385 | 5.38% |
Washington, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 5.50% |
Rockingham, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 7.25% |
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 7.40% |
Dublin, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.35% |
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.35% |
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,710 | 4.13% |
Selma, AL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.00% |
Douglas, GA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 7.45% |
SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.00% |
Scottsboro, AL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 5.88% |
Palatka, FL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.13% |
Laurel, MS (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.35% |
Similar Lenders
We use machine learning to identify the top lenders compared against South State Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 114
Similarity Rank: 165
Similarity Rank: 265
Similarity Rank: 291
Similarity Rank: 372
Similarity Rank: 402
Similarity Rank: 792
Similarity Rank: 897
Similarity Rank: 1008
Similarity Rank: 1266
Product Mix
For 2019, South State Bank's most frequently originated type of loan was Conventional, with 5,380 originations. Their 2nd most popular type was HELOC, with 2,249 originations.
Loan Reason
For 2019, South State Bank's most frequently cited loan purpose was Home Purchase, with 4,376 originations. The 2nd most popular reason was Refi, with 1,245 originations.
Loan Duration/Length
For 2019, South State Bank's most frequently cited loan duration was 30 Year, with 4,683 originations. The 2nd most popular length was 10 Year, with 2,024 originations.
Origination Fees/Closing Costs
South State Bank's average total fees were $6,123, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 1,381 originations.
Interest Rates
During 2019, South State Bank's average interest rate for loans was 4.11%, while their most frequently originated rate bucket for loans was 3-4%, with 3,787 originations.
Loan Sizing
2019 saw South State Bank place emphasis on $100k-200k loans with 2,314 originations, totaling $335,370,000 in origination value.
Applicant Income
South State Bank lent most frequently to those with incomes in the $50k-75k range, with 1,533 originations. The second most popular income band? $100k-150k, with 1,517 originations.
Applicant Debt to Income Ratio
South State Bank lent most frequently to those with DTI ratios of 20-30%, with 2,086 originations. The next most common DTI ratio? 30-36%, with 1,597 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.08%
South State Bank has a below average approval rate.
Pick Rate
Approvals leading to origination71.09%
South State Bank has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
10.0 | 21 | $1,395,000 | $66,429 |
102.65 | 1 | $35,000 | $35,000 |
108.11 | 1 | $35,000 | $35,000 |
110.0 | 1 | $45,000 | $45,000 |
113.13 | 1 | $45,000 | $45,000 |
115.26 | 1 | $45,000 | $45,000 |
115.82 | 1 | $45,000 | $45,000 |
117.99 | 1 | $45,000 | $45,000 |
126.83 | 1 | $45,000 | $45,000 |
128.79 | 1 | $45,000 | $45,000 |
133.18 | 1 | $45,000 | $45,000 |
133.89 | 1 | $45,000 | $45,000 |
135.47 | 1 | $55,000 | $55,000 |
140.31 | 1 | $55,000 | $55,000 |
145.8 | 1 | $55,000 | $55,000 |
152.14 | 1 | $55,000 | $55,000 |
154.54 | 1 | $55,000 | $55,000 |
155.15 | 1 | $55,000 | $55,000 |
156.32 | 1 | $55,000 | $55,000 |
157.92 | 1 | $55,000 | $55,000 |
161.9 | 1 | $65,000 | $65,000 |
162.36 | 1 | $65,000 | $65,000 |
165.37 | 1 | $65,000 | $65,000 |
170.01 | 1 | $65,000 | $65,000 |
170.89 | 1 | $65,000 | $65,000 |
175.62 | 1 | $65,000 | $65,000 |
176.87 | 1 | $65,000 | $65,000 |
178.14 | 1 | $65,000 | $65,000 |
182.64 | 1 | $65,000 | $65,000 |
188.59 | 1 | $75,000 | $75,000 |
193.58 | 1 | $75,000 | $75,000 |
197.91 | 1 | $75,000 | $75,000 |
201.82 | 1 | $75,000 | $75,000 |
202.01 | 1 | $75,000 | $75,000 |
206.06 | 1 | $75,000 | $75,000 |
218.15 | 1 | $85,000 | $85,000 |
225.05 | 1 | $85,000 | $85,000 |
226.78 | 1 | $85,000 | $85,000 |
243.23 | 1 | $95,000 | $95,000 |
263.95 | 1 | $105,000 | $105,000 |
287.16 | 1 | $115,000 | $115,000 |
320.66 | 1 | $125,000 | $125,000 |
335.17 | 1 | $135,000 | $135,000 |
367.64 | 1 | $145,000 | $145,000 |
409.0 | 328 | $23,050,000 | $70,274 |
70.85 | 1 | $25,000 | $25,000 |
73.7 | 1 | $25,000 | $25,000 |
79.75 | 1 | $25,000 | $25,000 |
NA | 7,712 | $2,165,950,000 | $280,855 |
Occupancy Type Mix
LTV Distribution
Complaints
Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 25.0% |
SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Conventional home mortgage | Trouble during payment process | 1 | 25.0% |
SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 25.0% |
SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Other type of mortgage | Struggling to pay mortgage | 1 | 25.0% |
Bank Details
Branches
Bank Name | Branch | Branch Type | Deposits (000's) |
---|---|---|---|
South State Bank | 20 South Main Street Hiawassee, GA 30546 | Full Service B&M | $102,907 |
South State Bank | 489 Highland Xing East Ellijay, GA 30540 | Full Service B&M | $50,122 |
South State Bank | 2770 Main Highway Bamberg, SC 29003 | Full Service B&M | $42,051 |
South State Bank | 1141 Broad Street Sumter, SC 29150 | Full Service B&M | $49,355 |
South State Bank | 2810 Buford Road North Chesterfield, VA 23235 | Full Service B&M | $20,173 |
South State Bank | #1 Five Forks Plaza Court Simpsonville, SC 29681 | Full Service B&M | $59,322 |
South State Bank | 100 Exchange Street Hilton Head Island, SC 29926 | Full Service B&M | $97,377 |
South State Bank | 1001 Pine Log Rd Aiken, SC 29803 | Full Service B&M | $82,105 |
South State Bank | 1006 E. Butler Road Greenville, SC 29607 | Full Service B&M | $113,051 |
South State Bank | 1025 Church Street Georgetown, SC 29440 | Full Service B&M | $73,643 |
South State Bank | 1032 Johnnie Dobbs Blvd Mount Pleasant, SC 29464 | Full Service B&M | $89,388 |
South State Bank | 282 Historical Highway 441 North Cornelia, GA 30531 | Full Service B&M | $84,471 |
South State Bank | 1043 E. Morehead Street, Suite 201 Charlotte, NC 28204 | Full Service B&M | $239,177 |
South State Bank | 1057 Providence Road Charlotte, NC 28207 | Full Service B&M | $66,017 |
South State Bank | 106 West Main Street Rockwell, NC 28138 | Full Service B&M | $41,139 |
South State Bank | 10671 S. Jacob Smart Boulevard Ridgeland, SC 29936 | Full Service B&M | $115,244 |
South State Bank | 108 Pamplico Highway Florence, SC 29505 | Full Service B&M | $54,834 |
South State Bank | 109 Montague Street Greenwood, SC 29649 | Full Service B&M | $75,975 |
South State Bank | 1100 Knox Abbott Drive Cayce, SC 29033 | Full Service B&M | $23,017 |
South State Bank | 11001 West Broad Street Glen Allen, VA 23060 | Full Service B&M | $79,004 |
South State Bank | 11039 Ocean Highway Pawleys Island, SC 29585 | Full Service B&M | $68,167 |
South State Bank | 1111 S. Big A Road Toccoa, GA 30577 | Full Service Retail | $43,832 |
South State Bank | 1117 Military Cutoff Road Wilmington, NC 28405 | Full Service B&M | $63,773 |
South State Bank | 1117 New Pointe Blvd Leland, NC 28451 | Full Service B&M | $29,894 |
South State Bank | 1121 Boundary Street Beaufort, SC 29901 | Full Service B&M | $56,462 |
South State Bank | 1127 Ebenezer Road Rock Hill, SC 29732 | Full Service B&M | $317,755 |
South State Bank | 1185 Folly Road Charleston, SC 29412 | Full Service B&M | $84,761 |
South State Bank | 1255 St. Matthews Road Orangeburg, SC 29118 | Full Service B&M | $230,313 |
South State Bank | 1309 Sam Rittenberg Boulevard Charleston, SC 29407 | Full Service B&M | $84,399 |
South State Bank | 1315 North Main Street Summerville, SC 29483 | Full Service B&M | $44,659 |
South State Bank | 1328 Fording Island Road Bluffton, SC 29910 | Full Service B&M | $67,906 |
South State Bank | 13731 Providence Road Weddington, NC 28104 | Full Service B&M | $27,064 |
South State Bank | 138 East Columbia Avenue Batesburg-Leesville, SC 29070 | Full Service B&M | $42,605 |
South State Bank | 13816 East Independence Blvd. Indian Trail, NC 28079 | Full Service B&M | $26,718 |
South State Bank | 14572 U.S. Highway 17 Hampstead, NC 28443 | Full Service B&M | $48,340 |
South State Bank | 149 Laurens Street, Nw Aiken, SC 29801 | Full Service B&M | $48,608 |
South State Bank | 1530 Walton Way Augusta, GA 30904 | Full Service B&M | $63,167 |
South State Bank | 1580 Koger Center Boulevard Richmond, VA 23235 | Full Service B&M | $42,725 |
South State Bank | 1670 Neal Hawkins Road Gastonia, NC 28056 | Full Service B&M | $28,007 |
South State Bank | 172 Ashley Avenue Charleston, SC 29403 | Full Service B&M | $25,446 |
South State Bank | 174 Hwy 441 North Clayton, GA 30525 | Full Service B&M | $40,266 |
South State Bank | 1776 Staples Mill Richmond, VA 23230 | Full Service B&M | $153,062 |
South State Bank | 1800 East Main Street Easley, SC 29640 | Full Service B&M | $121,824 |
South State Bank | 1851 North Elm Street Commerce, GA 30529 | Full Service B&M | $90,167 |
South State Bank | 18587 Heritage Way Denmark, SC 29042 | Full Service B&M | $47,663 |
South State Bank | 189 Sea Island Parkway Beaufort, SC 29907 | Full Service B&M | $84,871 |
South State Bank | 1899 Highway 17 North Mount Pleasant, SC 29464 | Full Service B&M | $86,110 |
South State Bank | 192 East Woodrow Avenue Belmont, NC 28012 | Full Service B&M | $33,043 |
South State Bank | 1925 Marietta Highway Canton, GA 30114 | Full Service B&M | $37,587 |
South State Bank | 1955 Magwood Road Charleston, SC 29414 | Full Service B&M | $85,006 |
South State Bank | 198 Jacobs Highway Clinton, SC 29325 | Full Service B&M | $29,998 |
South State Bank | 2 Palmetto Bay Road Hilton Head Island, SC 29928 | Full Service B&M | $95,857 |
South State Bank | 200 East Broad Street Greenville, SC 29601 | Full Service B&M | $243,196 |
South State Bank | 200 North Main Street Saluda, SC 29138 | Full Service B&M | $41,545 |
South State Bank | 2005c Oakheart Road Myrtle Beach, SC 29579 | Full Service B&M | $17,795 |
South State Bank | 201 Bypass 123 Seneca, SC 29678 | Full Service B&M | $57,385 |
South State Bank | 201 Columbiana Drive Columbia, SC 29212 | Full Service B&M | $45,189 |
South State Bank | 201 East Greenville Street Anderson, SC 29621 | Full Service B&M | $110,214 |
South State Bank | 2010 Clemson Road Columbia, SC 29229 | Full Service B&M | $23,018 |
South State Bank | 2021 Hoffmeyer Road Florence, SC 29501 | Full Service B&M | $94,618 |
South State Bank | 203 South Main Street Abbeville, SC 29620 | Full Service B&M | $50,207 |
South State Bank | 206 Hillcrest Drive Laurens, SC 29360 | Full Service B&M | $31,597 |
South State Bank | 209 North Elm Street Commerce, GA 30529 | Limited, Drive-thru | $0 |
South State Bank | 211 Highway 17 North Surfside Beach, SC 29575 | Full Service B&M | $63,361 |
South State Bank | 2123 Highway 81 N Anderson, SC 29621 | Full Service B&M | $25,502 |
South State Bank | 218 St. James Blvd. Goose Creek, SC 29445 | Full Service B&M | $56,939 |
South State Bank | 21979 Whyte Hardee Blvd Hardeeville, SC 29927 | Full Service B&M | $48,360 |
South State Bank | 220 Orvin Lance Connector Blue Ridge, GA 30513 | Full Service B&M | $43,261 |
South State Bank | 222 East Main Street Rock Hill, SC 29730 | Full Service B&M | $64,778 |
South State Bank | 2245 Gateway Access Drive, Suite 209 Raleigh, NC 27607 | Full Service B&M | $7,352 |
South State Bank | 233 South Main Street Mount Holly, NC 28120 | Full Service B&M | $29,229 |
South State Bank | 241 East Howell Street Hartwell, GA 30643 | Full Service B&M | $51,468 |
South State Bank | 2440 Mall Drive Charleston, SC 29406 | Full Service B&M | $0 |
South State Bank | 25 Bull Street Savannah, GA 31401 | Full Service B&M | $229,428 |
South State Bank | 265 South Irby Street Florence, SC 29501 | Full Service B&M | $140,623 |
South State Bank | 266 West Main Street Lake City, SC 29560 | Full Service B&M | $35,212 |
South State Bank | 2742 West Roosevelt Boulevard Monroe, NC 28112 | Full Service B&M | $31,932 |
South State Bank | 3000 Proprietors Place Mount Pleasant, SC 29464 | Full Service Retail | $19,297 |
South State Bank | 3025 St. Matthews Rd. Orangeburg, SC 29118 | Limited, Drive-thru | $0 |
South State Bank | 30983 Highway 441 South Commerce, GA 30529 | Full Service Retail | $17,557 |
South State Bank | 3111 Peach Orchard Road Augusta, GA 30906 | Full Service B&M | $113,629 |
South State Bank | 3135 Dallas High Shoals Road Dallas, NC 28034 | Full Service B&M | $26,996 |
South State Bank | 315 Folly Road Charleston, SC 29412 | Full Service B&M | $89,859 |
South State Bank | 317 Highway 52, North Moncks Corner, SC 29461 | Full Service B&M | $104,299 |
South State Bank | 32 Eighth Street Augusta, GA 30901 | Full Service B&M | $45,835 |
South State Bank | 32 William Pope Drive Okatie, SC 29909 | Full Service B&M | $50,974 |
South State Bank | 320 Main Street Spartanburg, SC 29302 | Full Service B&M | $47,524 |
South State Bank | 325 South Sharon Amity Road Charlotte, NC 28211 | Full Service B&M | $51,593 |
South State Bank | 336 Georgia Avenue, Ste 104 North Augusta, SC 29841 | Full Service B&M | $67,452 |
South State Bank | 3530 Wheeler Road Augusta, GA 30909 | Full Service B&M | $382,889 |
South State Bank | 3622 Pelham Road Greenville, SC 29615 | Full Service B&M | $71,631 |
South State Bank | 3628 Savannah Highway Johns Island, SC 29455 | Full Service B&M | $67,914 |
South State Bank | 3701 Shipyard Boulevard Wilmington, NC 28403 | Full Service B&M | $53,619 |
South State Bank | 3702 South College Road Wilmington, NC 28412 | Full Service B&M | $64,175 |
South State Bank | 4 Hood Road Greenville, SC 29611 | Full Service B&M | $57,191 |
South State Bank | 4 Mimosa Street Winder, GA 30680 | Full Service B&M | $43,099 |
South State Bank | 400 Mall Boulevard Savannah, GA 31406 | Full Service B&M | $108,684 |
South State Bank | 401 West Innes Street Salisbury, NC 28144 | Full Service B&M | $44,610 |
South State Bank | 409 Fury's Ferry Road Martinez, GA 30907 | Full Service B&M | $159,482 |
South State Bank | 409 South Washington Highway Ashland, VA 23005 | Full Service B&M | $35,080 |
South State Bank | 4109 Columbia Road Martinez, GA 30907 | Full Service B&M | $162,733 |
South State Bank | 412 South Highway 27 Stanley, NC 28164 | Full Service B&M | $23,478 |
South State Bank | 4132 Forest Drive Columbia, SC 29204 | Full Service B&M | $40,329 |
South State Bank | 4210 Highway 17 Bypass Murrells Inlet, SC 29576 | Full Service B&M | $91,594 |
South State Bank | 424 Hampton Avenue Pickens, SC 29671 | Full Service B&M | $55,847 |
South State Bank | 4331 Robert M Grissom Parkway Myrtle Beach, SC 29577 | Full Service B&M | $98,892 |
South State Bank | 4440 Washington Road Evans, GA 30809 | Full Service B&M | $36,419 |
South State Bank | 448 North Main Street Cornelia, GA 30531 | Full Service B&M | $132,263 |
South State Bank | 45 East Antrim Drive Greenville, SC 29607 | Full Service B&M | $76,121 |
South State Bank | 450 Ee Butler Pkwy Gainesville, GA 30501 | Full Service B&M | $98,613 |
South State Bank | 455 Epps Bridge Parkway, Suite 104 Athens, GA 30606 | Full Service Retail | $30,931 |
South State Bank | 458 Highway 515 E Blairsville, GA 30512 | Full Service B&M | $58,304 |
South State Bank | 46 Broad Street Charleston, SC 29401 | Full Service B&M | $427,289 |
South State Bank | 4741 Highway 80 East Savannah, GA 31410 | Full Service B&M | $52,377 |
South State Bank | 4962 Centre Pointe Drive North Charleston, SC 29418 | Full Service B&M | $70,286 |
South State Bank | 50 A Meeting Street Savannah, GA 31411 | Full Service Retail | $26,731 |
South State Bank | 501 Main Street Conway, SC 29526 | Full Service B&M | $54,435 |
South State Bank | 5019 Dick Pond Road Myrtle Beach, SC 29588 | Full Service B&M | $51,973 |
South State Bank | 502 North Duncan By-Pass Union, SC 29379 | Full Service B&M | $102,588 |
South State Bank | 5109 Sunset Boulevard Lexington, SC 29072 | Full Service B&M | $64,236 |
South State Bank | 519 South New Hope Road Gastonia, NC 28054 | Full Service B&M | $94,818 |
South State Bank | 520 Gervais Street Columbia, SC 29201 | Full Service B&M | $301,088 |
South State Bank | 520 North Jeffries Boulevard Walterboro, SC 29488 | Full Service B&M | $102,139 |
South State Bank | 528 Old Greenville Highway Clemson, SC 29631 | Full Service B&M | $41,383 |
South State Bank | 537 Sc 72 Byp Nw Greenwood, SC 29649 | Full Service B&M | $93,923 |
South State Bank | 5542 Memorial Boulevard Saint George, SC 29477 | Full Service B&M | $82,673 |
South State Bank | 575 South Main Street Cleveland, GA 30528 | Full Service B&M | $63,697 |
South State Bank | 600 Robertson Boulevard Walterboro, SC 29488 | Limited, Drive-thru | $0 |
South State Bank | 606 Main Street North Myrtle Beach, SC 29582 | Full Service B&M | $48,408 |
South State Bank | 627 Ronald Reagan Drive Evans, GA 30809 | Full Service B&M | $151,831 |
South State Bank | 632 Long Point Road Mount Pleasant, SC 29464 | Full Service B&M | $63,974 |
South State Bank | 637 Rutledge Avenue Charleston, SC 29403 | Full Service B&M | $31,233 |
South State Bank | 649 Brawley School Road Mooresville, NC 28117 | Full Service B&M | $53,114 |
South State Bank | 6512 Old No. 6 Hwy. Elloree, SC 29047 | Full Service B&M | $43,316 |
South State Bank | 6525 Morrison Boulevard Charlotte, NC 28211 | Full Service B&M | $205,005 |
South State Bank | 657 Bass Drive Santee, SC 29142 | Full Service B&M | $41,726 |
South State Bank | 6623 Falls Of Neuse Road Raleigh, NC 27615 | Full Service B&M | $4,427 |
South State Bank | 690 Bacon's Bridge Road Summerville, SC 29485 | Full Service B&M | $93,793 |
South State Bank | 702 Montague Ave Greenwood, SC 29649 | Full Service B&M | $79,720 |
South State Bank | 71 Memorial Drive Jefferson, GA 30549 | Full Service B&M | $60,579 |
South State Bank | 7100 Three Chopt Road Richmond, VA 23226 | Full Service B&M | $64,538 |
South State Bank | 717 Anderson Street Belton, SC 29627 | Full Service B&M | $51,931 |
South State Bank | 7850 Rivers Ave. North Charleston, SC 29406 | Full Service B&M | $47,608 |
South State Bank | 796 Sunset Boulevard North Sunset Beach, NC 28468 | Full Service B&M | $34,412 |
South State Bank | 801 E. Liberty Street York, SC 29745 | Full Service B&M | $50,011 |
South State Bank | 801 Highway 321 South Winnsboro, SC 29180 | Full Service B&M | $49,610 |
South State Bank | 808 East Tom Hall Street Fort Mill, SC 29715 | Full Service B&M | $89,266 |
South State Bank | 817 Dave Gibson Boulevard Fort Mill, SC 29708 | Full Service B&M | $85,680 |
South State Bank | 822 Coleman Boulevard Mount Pleasant, SC 29464 | Full Service B&M | $88,762 |
South State Bank | 825 South 5th Street Hartsville, SC 29550 | Full Service B&M | $59,754 |
South State Bank | 8450 Dorchester Road North Charleston, SC 29420 | Full Service B&M | $39,834 |
South State Bank | 855 Savannah Hwy Charleston, SC 29407 | Full Service B&M | $105,075 |
South State Bank | 9 Oak Forest Rd Bluffton, SC 29910 | Full Service B&M | $55,268 |
South State Bank | 901 E. Cary Street Richmond, VA 23219 | Full Service B&M | $30,073 |
South State Bank | 949 Washington Street Clarkesville, GA 30523 | Full Service B&M | $127,400 |
South State Bank | 950 John C. Calhoun Drive, S.E. Orangeburg, SC 29115 | Full Service B&M | $144,218 |
South State Bank | 9971 Ford Avenue Richmond Hill, GA 31324 | Full Service B&M | $148,445 |
South State Bank | 999 Wilson Road Newberry, SC 29108 | Full Service B&M | $85,879 |
For 2019, South State Bank had 158 branches.
Yearly Performance Overview
Bank Income
Item | Value (in 000's) |
---|---|
Total interest income | $590,587 |
Net interest income | $509,727 |
Total noninterest income | $161,550 |
Gross Fiduciary activities income | $13,871 |
Service charges on deposit accounts | $48,079 |
Trading account gains and fees | $0 |
Additional Noninterest Income | $99,600 |
Pre-tax net operating income | $242,880 |
Securities gains (or losses, -) | $-2,581 |
Income before extraordinary items | $194,474 |
Discontinued Operations (Extraordinary gains, net) | $0 |
Net income of bank and minority interests | $194,474 |
Minority interest net income | $0 |
Net income | $194,474 |
Sale, conversion, retirement of capital stock, net | $0 |
Net operating income | $196,564 |
South State Bank's gross interest income from loans was $590,587,000.
South State Bank's net interest income from loans was $509,727,000.
South State Bank's fee based income from loans was $48,079,000.
South State Bank's net income from loans was $194,474,000.
Bank Expenses
Item | Value (in 000's) |
---|---|
Total interest expense | $80,860 |
Provision for credit losses | $12,777 |
Total noninterest expense | $415,620 |
Salaries and employee benefits | $244,273 |
Premises and equipment expense | $46,288 |
Additional noninterest expense | $125,059 |
Applicable income taxes | $45,825 |
Net charge-offs | $5,861 |
Cash dividends | $214,703 |
South State Bank's interest expense for loans was $80,860,000.
South State Bank's payroll and benefits expense were $244,273,000.
South State Bank's property, plant and equipment expenses $46,288,000.
Loan Performance
Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
---|---|
All loans | 0.0% |
Real Estate loans | 0.0% |
Construction & Land Development loans | 0.0% |
Nonfarm, nonresidential loans | 0.0% |
Multifamily residential loans | 0.0% |
1-4 family residential loans | 0.0% |
HELOC loans | 0.0% |
All other family | 0.0% |
Commercial & industrial loans | 0.0% |
Personal loans | 0.0% |
Credit card loans | 0.0% |
Other individual loans | 0.0% |
Auto loans | 0.0% |
Other consumer loans | 0.0% |
Unsecured commercial real estate loans | 0.0% |
Deposits
Type | Value (in 000's) |
---|---|
Total deposits | $12,198,767 |
Deposits held in domestic offices | $12,198,767 |
Deposits by Individuals, partnerships, and corporations | $11,536,591 |
Deposits by U.S. Government | $0 |
Deposits by States and political subdivisions in the U.S. | $649,687 |
Deposits by Commercial banks and other depository institutions in U.S. | $12,490 |
Deposits by Banks in foreign countries | $0 |
Deposits by Foreign governments and official institutions | $0 |
Transaction accounts | $1,912,581 |
Demand deposits | $1,912,581 |
Nontransaction accounts | $10,286,187 |
Money market deposit accounts (MMDAs) | $7,320,893 |
Other savings deposits (excluding MMDAs) | $1,309,896 |
Total time deposits | $1,655,398 |
Total time and savings deposits | $10,286,187 |
Noninterest-bearing deposits | $3,266,977 |
Interest-bearing deposits | $8,931,790 |
Retail deposits | $11,905,782 |
IRAs and Keogh plan accounts | $340,221 |
Brokered deposits | $0 |
Deposits held in foreign offices | $0 |
Assets
Asset | Value (in 000's) |
---|---|
Total Assets | $15,917,423 |
Cash & Balances due from depository institutions | $588,187 |
Interest-bearing balances | $326,168 |
Total securities | $1,956,047 |
Federal funds sold & reverse repurchase | $100,517 |
Net loans and leases | $11,372,476 |
Loan and leases loss allowance | $61,991 |
Trading account assets | $0 |
Bank premises and fixed assets | $317,321 |
Other real estate owned | $11,964 |
Goodwill and other intangibles | $1,083,241 |
All other assets | $487,670 |
Liabilities
Liabilities | Value (in 000's) |
---|---|
Total liabilities and capital | $15,917,423 |
Total Liabilities | $13,453,520 |
Total deposits | $12,198,767 |
Interest-bearing deposits | $8,931,790 |
Deposits held in domestic offices | $12,198,767 |
% insured (estimated) | $77 |
Federal funds purchased and repurchase agreements | $298,741 |
Trading liabilities | $0 |
Other borrowed funds | $788,949 |
Subordinated debt | $0 |
All other liabilities | $167,063 |
Issued Loan Types
Type | Value (in 000's) |
---|---|
Net loans and leases | $11,372,476 |
Loan and leases loss allowance | $61,991 |
Total loans and leases (domestic) | $11,434,467 |
All real estate loans | $9,358,369 |
Real estate loans in domestic offices | $9,358,369 |
Construction and development loans | $1,017,260 |
Residential 1-4 family construction | $262,608 |
Other construction, all land development and other land | $754,652 |
Loans secured by nonfarm nonresidential properties | $4,265,411 |
Nonfarm nonresidential secured by owner-occupied properties | $2,158,700 |
Commercial real estate & other non-farm, non-residential | $2,106,711 |
Multifamily residential real estate | $211,548 |
1-4 family residential loans | $3,794,263 |
Farmland loans | $69,887 |
Loans held in foreign offices | $0 |
Farm loans | $9,129 |
Commercial and industrial loans | $1,087,271 |
To non-U.S. addressees | $0 |
Loans to individuals | $663,778 |
Credit card loans | $0 |
Related Plans | $14,904 |
Consumer Auto Loans | $222,745 |
Other loans to individuals | $426,129 |
All other loans & leases | $315,920 |
Loans to foreign governments and official institutions | $0 |
Other loans | $151,373 |
Loans to depository institutions and acceptances of other banks | $0 |
Loans not secured by real estate | $0 |
Loans secured by real estate to non-U.S. addressees | $0 |
Restructured Loans & leases | $2,258 |
Non 1-4 family restructured loans & leases | $1,580 |
Total loans and leases (foreign) | $0 |
South State Bank had $11,372,476,000 of loans outstanding in 2019. $9,358,369,000 of loans were in real estate loans. $1,017,260,000 of loans were in development loans. $211,548,000 of loans were in multifamily mortgage loans. $3,794,263,000 of loans were in 1-4 family mortgage loans. $9,129,000 of loans were in farm loans. $0 of loans were in credit card loans. $222,745,000 of loans were in the auto loan category.
Small Business Loans
Categorization | # of Loans in Category | $ amount of loans (in 000's) | Average $/loan |
---|---|---|---|
Nonfarm, nonresidential loans - <$1MM | 4,116 | $995,555 | $241,874 |
Nonfarm, nonresidential loans - <$100k | 690 | $31,977 | $46,343 |
Nonfarm, nonresidential loans - $100-250k | 1,368 | $169,193 | $123,679 |
Nonfarm, nonresidential loans - $250k-1MM | 2,058 | $794,385 | $385,999 |
Commercial & Industrial, US addressed loans - <$1MM | 8,254 | $551,972 | $66,873 |
Commercial & Industrial, US addressed loans - <$100k | 6,031 | $134,789 | $22,349 |
Commercial & Industrial, US addressed loans - $100-250k | 1,219 | $125,360 | $102,838 |
Commercial & Industrial, US addressed loans - $250k-1MM | 1,004 | $291,823 | $290,660 |
Farmland loans - <$1MM | 247 | $34,682 | $140,413 |
Farmland loans - <$100k | 83 | $3,606 | $43,446 |
Farmland loans - $100-250k | 100 | $11,326 | $113,260 |
Farmland loans - $250k-1MM | 64 | $19,750 | $308,594 |
Agriculture operations loans - <$1MM | 117 | $5,018 | $42,889 |
Agriculture operations loans - <$100k | 97 | $2,032 | $20,948 |
Agriculture operations loans - $100-250k | 15 | $1,967 | $131,133 |
Agriculture operations loans - $250k-1MM | 5 | $1,019 | $203,800 |