South State Bank Mortgage Rates, Fees & Info
Winter Haven, FLLEI: 8I3UVGYULPJQIP7FQV10
Tax ID: 59-2979916
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Mortgage Data
Bank Data
Review & Overview
South State Bank is a smaller 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: Atlanta, Miami, Port St. Lucie, Tampa, and Lakeland among others. We have data for 82 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 a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 12/17/24 |
| 30 Year Conventional Purchase | 6.58% | 12/17/24 |
| 30 Year Conventional Refi | 6.51% | 12/17/24 |
| 30 Year Cash-out Refi | 6.73% | 12/17/24 |
| 30 Year FHA Purchase | 7.12% | 12/17/24 |
| 30 Year FHA Refi | 7.02% | 12/17/24 |
| 30 Year VA Purchase | 6.06% | 12/17/24 |
| 30 Year VA Refi | 5.94% | 12/17/24 |
| 30 Year USDA Purchase | 6.63% | 12/17/24 |
| 15 Year Conventional Purchase | 7.17% | 12/17/24 |
| 15 Year Conventional Refi | 6.38% | 12/17/24 |
| 15 Year Cash-out Refi | 6.38% | 12/17/24 |
| 15 Year VA Purchase | 5.70% | 12/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
South State Bank Mortgage Calculator
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This is not an official calculator from South State Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,545Origination Dollar Volume (All Markets)
$657,965,000Employee count
2,113Awards
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South State Bank - 2018
South State Bank is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 260 | $88,930,000 | $342,038 | $4,539 | 4.79% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 203 | $67,545,000 | $332,734 | $4,811 | 5.28% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 279 | $56,875,000 | $203,853 | $4,555 | 4.96% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 382 | $46,680,000 | $122,199 | $3,860 | 5.35% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 419 | $44,775,000 | $106,862 | $3,088 | 5.42% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 373 | $44,325,000 | $118,834 | $3,499 | 5.45% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 165 | $36,375,000 | $220,455 | $4,467 | 4.98% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 162 | $35,040,000 | $216,296 | $4,578 | 4.99% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 162 | $29,700,000 | $183,333 | $3,605 | 5.26% |
| OCALA, FL (FHA|USDA|VA) | 122 | $21,120,000 | $173,115 | $4,485 | 5.22% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 193 | $19,225,000 | $99,611 | $4,285 | 5.47% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 67 | $18,715,000 | $279,328 | $4,877 | 4.54% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 45 | $12,425,000 | $276,111 | $5,298 | 5.22% |
| Key West, FL (FHA|USDA|VA) | 38 | $11,950,000 | $314,474 | $5,694 | 4.95% |
| Outside of Metro Areas | 43 | $11,245,000 | $261,512 | $4,428 | 4.83% |
| SAVANNAH, GA (FHA|USDA|VA) | 50 | $10,040,000 | $200,800 | $5,413 | 4.82% |
| Palatka, FL (FHA|USDA|VA) | 51 | $9,685,000 | $189,902 | $4,080 | 4.98% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 49 | $9,665,000 | $197,245 | $5,142 | 4.74% |
| GAINESVILLE, FL (FHA|USDA|VA) | 29 | $8,715,000 | $300,517 | $4,571 | 5.13% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 26 | $6,460,000 | $248,462 | $5,214 | 4.49% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 52 | $4,990,000 | $95,962 | $2,815 | 5.44% |
| Okeechobee, FL (FHA|USDA|VA) | 41 | $4,965,000 | $121,098 | $3,835 | 4.95% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 12 | $3,380,000 | $281,667 | $3,173 | 4.72% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 39 | $3,325,000 | $85,256 | $3,262 | 5.76% |
| LaGrange, GA-AL (FHA|USDA|VA) | 24 | $3,210,000 | $133,750 | $3,610 | 4.85% |
| THE VILLAGES, FL (FHA|USDA|VA) | 24 | $3,170,000 | $132,083 | $4,984 | 5.25% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 11 | $2,725,000 | $247,727 | $2,840 | 4.95% |
| DALTON, GA (FHA|USDA|VA) | 14 | $2,660,000 | $190,000 | $3,610 | 4.85% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 6 | $2,650,000 | $441,667 | $5,260 | 4.85% |
| GAINESVILLE, GA (FHA|USDA|VA) | 7 | $2,415,000 | $345,000 | $4,454 | 4.66% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 19 | $2,245,000 | $118,158 | $4,153 | 5.43% |
| ROME, GA (FHA|USDA|VA) | 18 | $2,090,000 | $116,111 | $3,918 | 4.71% |
| Milledgeville, GA (FHA|USDA|VA) | 9 | $2,015,000 | $223,889 | $4,855 | 4.83% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $1,705,000 | $1,705,000 | $0 | 4.65% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 10 | $1,570,000 | $157,000 | $4,725 | 5.03% |
| BRUNSWICK, GA (FHA|USDA|VA) | 5 | $1,245,000 | $249,000 | $4,637 | 4.83% |
| VALDOSTA, GA (FHA|USDA|VA) | 7 | $1,215,000 | $173,571 | $4,311 | 4.84% |
| ALBANY, GA (FHA|USDA|VA) | 9 | $1,185,000 | $131,667 | $4,018 | 4.76% |
| GREENVILLE, NC (FHA|USDA|VA) | 5 | $1,175,000 | $235,000 | $4,684 | 4.65% |
| Clewiston, FL (FHA|USDA|VA) | 12 | $1,160,000 | $96,667 | $4,023 | 5.04% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 9 | $1,145,000 | $127,222 | $3,299 | 5.28% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $1,085,000 | $1,085,000 | $0 | 5.50% |
| HINESVILLE, GA (FHA|USDA|VA) | 6 | $1,040,000 | $173,333 | $3,774 | 4.79% |
| COLUMBIA, SC (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $3,023 | 4.66% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 4 | $930,000 | $232,500 | $3,417 | 5.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $2,805 | 5.47% |
| Kinston, NC (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $3,783 | 4.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 6 | $680,000 | $113,333 | $2,987 | 5.47% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $6,801 | 4.69% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 5 | $665,000 | $133,000 | $3,513 | 4.75% |
| Alexander City, AL (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $2,668 | 5.06% |
| Jefferson, GA (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $4,371 | 4.50% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $5,492 | 4.69% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $2,546 | 5.19% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 5 | $515,000 | $103,000 | $2,539 | 5.54% |
| St. Marys, GA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $4,682 | 4.56% |
| Tifton, GA (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $8,812 | 4.29% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $4,511 | 4.69% |
| NEW BERN, NC (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $3,710 | 5.00% |
| Calhoun, GA (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $3,514 | 5.09% |
| Dublin, GA (FHA|USDA|VA) | 5 | $395,000 | $79,000 | $4,396 | 4.38% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 4.75% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $5,255 | 4.94% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,239 | 4.75% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $2,961 | 5.00% |
| Lake City, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,495 | 5.38% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 5.88% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,855 | 4.88% |
| Orangeburg, SC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,308 | 4.75% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,299 | 4.63% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,597 | 4.63% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $1,707 | 4.63% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $1,834 | 4.50% |
| Thomasville, GA (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $5,537 | 4.50% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,201 | 5.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,082 | 4.88% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,872 | 4.50% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,840 | 4.00% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,319 | 4.50% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,550 | 5.63% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,784 | 4.88% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,307 | 5.00% |
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Product Mix
For 2018, South State Bank's most frequently originated type of loan was Conventional, with 2,461 originations. Their 2nd most popular type was HELOC, with 804 originations.
Loan Reason
For 2018, South State Bank's most frequently cited loan purpose was Home Purchase, with 2,230 originations. The 2nd most popular reason was Other, with 437 originations.
Loan Duration/Length
For 2018, South State Bank's most frequently cited loan duration was 30 Year, with 1,320 originations. The 2nd most popular length was 10 Year, with 1,021 originations.
Origination Fees/Closing Costs
South State Bank's average total fees were $4,521, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,214 originations.
Interest Rates
During 2018, South State Bank's average interest rate for loans was 4.80%, while their most frequently originated rate bucket for loans was 4-5%, with 1,735 originations.
Loan Sizing
2018 saw South State Bank place emphasis on $100,000 or less loans with 1,558 originations, totaling $79,750,000 in origination value.
Applicant Income
South State Bank lent most frequently to those with incomes in the $50k-75k range, with 786 originations. The second most popular income band? $50k or less, with 741 originations.
Applicant Debt to Income Ratio
South State Bank lent most frequently to those with DTI ratios of 20-30%, with 745 originations. The next most common DTI ratio? 30-36%, with 641 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.32%
South State Bank has a below average approval rate.
Pick Rate
Approvals leading to origination79.41%
South State Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 1 | $45,000 | $45,000 |
| 1017.29 | 1 | $45,000 | $45,000 |
| 1057.11 | 1 | $25,000 | $25,000 |
| 1062.0 | 1 | $25,000 | $25,000 |
| 1072.0 | 1 | $75,000 | $75,000 |
| 1075.67 | 1 | $25,000 | $25,000 |
| 1087.0 | 1 | $85,000 | $85,000 |
| 1096.15 | 1 | $25,000 | $25,000 |
| 1105.8 | 2 | $50,000 | $25,000 |
| 1109.0 | 1 | $35,000 | $35,000 |
| 1119.05 | 4 | $130,000 | $32,500 |
| 1121.15 | 1 | $115,000 | $115,000 |
| 1144.05 | 2 | $170,000 | $85,000 |
| 1146.15 | 1 | $105,000 | $105,000 |
| 1157.4 | 1 | $35,000 | $35,000 |
| 1173.63 | 1 | $55,000 | $55,000 |
| 1195.05 | 1 | $35,000 | $35,000 |
| 1221.5 | 1 | $35,000 | $35,000 |
| 1384.42 | 1 | $35,000 | $35,000 |
| 1495.5 | 1 | $55,000 | $55,000 |
| 153.0 | 1 | $5,000 | $5,000 |
| 1537.0 | 1 | $35,000 | $35,000 |
| 1573.0 | 1 | $55,000 | $55,000 |
| 250.0 | 1 | $55,000 | $55,000 |
| 253.0 | 328 | $13,770,000 | $41,982 |
| 262.0 | 14 | $460,000 | $32,857 |
| 277.15 | 1 | $5,000 | $5,000 |
| 278.0 | 12 | $620,000 | $51,667 |
| 279.7 | 1 | $35,000 | $35,000 |
| 282.9 | 1 | $25,000 | $25,000 |
| 283.0 | 1 | $75,000 | $75,000 |
| 286.15 | 1 | $75,000 | $75,000 |
| 287.0 | 1 | $25,000 | $25,000 |
| 288.4 | 1 | $25,000 | $25,000 |
| 295.95 | 1 | $55,000 | $55,000 |
| 298.95 | 1 | $25,000 | $25,000 |
| 299.68 | 1 | $25,000 | $25,000 |
| 303.0 | 39 | $1,885,000 | $48,333 |
| 309.05 | 1 | $45,000 | $45,000 |
| 318.0 | 1 | $55,000 | $55,000 |
| 319.05 | 1 | $25,000 | $25,000 |
| 328.0 | 5 | $255,000 | $51,000 |
| 346.15 | 1 | $25,000 | $25,000 |
| 353.0 | 1 | $35,000 | $35,000 |
| 378.0 | 1 | $55,000 | $55,000 |
| 392.0 | 1 | $25,000 | $25,000 |
| 403.0 | 1 | $95,000 | $95,000 |
| 419.74 | 1 | $25,000 | $25,000 |
| 469.37 | 1 | $15,000 | $15,000 |
| 473.33 | 1 | $25,000 | $25,000 |
| 492.63 | 1 | $55,000 | $55,000 |
| 504.0 | 1 | $65,000 | $65,000 |
| 530.32 | 1 | $35,000 | $35,000 |
| 552.63 | 1 | $65,000 | $65,000 |
| 562.0 | 1 | $45,000 | $45,000 |
| 574.36 | 1 | $65,000 | $65,000 |
| 586.15 | 1 | $15,000 | $15,000 |
| 589.5 | 1 | $115,000 | $115,000 |
| 589.7 | 1 | $35,000 | $35,000 |
| 595.58 | 5 | $165,000 | $33,000 |
| 596.15 | 7 | $275,000 | $39,286 |
| 597.4 | 2 | $60,000 | $30,000 |
| 597.58 | 1 | $55,000 | $55,000 |
| 604.7 | 1 | $25,000 | $25,000 |
| 605.8 | 3 | $135,000 | $45,000 |
| 607.4 | 2 | $60,000 | $30,000 |
| 609.05 | 4 | $240,000 | $60,000 |
| 610.3 | 1 | $85,000 | $85,000 |
| 619.05 | 13 | $815,000 | $62,692 |
| 619.7 | 1 | $65,000 | $65,000 |
| 620.3 | 8 | $320,000 | $40,000 |
| 620.58 | 1 | $75,000 | $75,000 |
| 62.3 | 1 | $25,000 | $25,000 |
| 628.74 | 1 | $55,000 | $55,000 |
| 636.15 | 1 | $35,000 | $35,000 |
| 639.7 | 1 | $65,000 | $65,000 |
| 644.05 | 1 | $55,000 | $55,000 |
| 645.58 | 1 | $25,000 | $25,000 |
| 646.15 | 4 | $130,000 | $32,500 |
| 657.4 | 1 | $65,000 | $65,000 |
| 659.05 | 1 | $25,000 | $25,000 |
| 669.05 | 2 | $70,000 | $35,000 |
| 684.05 | 1 | $55,000 | $55,000 |
| 707.4 | 1 | $15,000 | $15,000 |
| 746.78 | 1 | $15,000 | $15,000 |
| 753.0 | 91 | $4,255,000 | $46,758 |
| 762.0 | 3 | $135,000 | $45,000 |
| 778.0 | 3 | $175,000 | $58,333 |
| 783.99 | 1 | $25,000 | $25,000 |
| 803.0 | 3 | $195,000 | $65,000 |
| 809.05 | 1 | $25,000 | $25,000 |
| 829.7 | 1 | $35,000 | $35,000 |
| 886.04 | 1 | $15,000 | $15,000 |
| 941.71 | 1 | $25,000 | $25,000 |
| 965.37 | 1 | $35,000 | $35,000 |
| 981.0 | 1 | $65,000 | $65,000 |
| 985.63 | 1 | $25,000 | $25,000 |
| 990.75 | 1 | $45,000 | $45,000 |
| NA | 2,913 | $630,265,000 | $216,363 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Conventional home mortgage | Struggling to pay mortgage | 1 | 12.5% |
| SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Conventional home mortgage | Trouble during payment process | 3 | 37.5% |
| SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 12.5% |
| SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Other type of mortgage | Closing on a mortgage | 1 | 12.5% |
| SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Other type of mortgage | Trouble during payment process | 1 | 12.5% |
| SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 12.5% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| CenterState Bank, National Association | 100 N. Laura Street. Ste. 120 Jacksonville, FL 32202 | Full Service B&M | $20,221 |
| CenterState Bank, National Association | 100 Polo Park E Blvd. Davenport, FL 33897 | Full Service B&M | $35,636 |
| CenterState Bank, National Association | 100150 Overseas Highway/Po Box 758 Key Largo, FL 33037 | Full Service B&M | $36,956 |
| CenterState Bank, National Association | 10101 Bloomingdale Avenue Riverview, FL 33578 | Full Service B&M | $62,767 |
| CenterState Bank, National Association | 102 W Baker St Plant City, FL 33563 | Full Service B&M | $75,279 |
| CenterState Bank, National Association | 10385 Royal Palm Blvd. Coral Springs, FL 33065 | Full Service B&M | $100,885 |
| CenterState Bank, National Association | 106-C. Ne Hwy 441 Micanopy, FL 32667 | Full Service B&M | $16,340 |
| CenterState Bank, National Association | 10891 North Military Trail Palm Beach Gardens, FL 33410 | Full Service B&M | $90,252 |
| CenterState Bank, National Association | 10990 U.S. Highway 441 S.E. Belleview, FL 34420 | Full Service B&M | $38,938 |
| CenterState Bank, National Association | 1100 S. Tamiami Trail, Suite 100 Sarasota, FL 34236 | Full Service B&M | $212,420 |
| CenterState Bank, National Association | 1101 First Street South Winter Haven, FL 33880 | Full Service B&M | $1,223,576 |
| CenterState Bank, National Association | 1375 N Broadway Ave Bartow, FL 33830 | Full Service B&M | $79,430 |
| CenterState Bank, National Association | 1105 W. Broad Street Groveland, FL 34736 | Full Service B&M | $39,190 |
| CenterState Bank, National Association | 111 North Magnolia Ave Ste 100 Orlando, FL 32801 | Full Service B&M | $81,465 |
| CenterState Bank, National Association | 112 N. Nova Road Ormond Beach, FL 32174 | Full Service B&M | $54,118 |
| CenterState Bank, National Association | 1120 Sr 20 Interlachen, FL 32148 | Full Service B&M | $21,383 |
| CenterState Bank, National Association | 114 W. Belt Avenue Bushnell, FL 33513 | Full Service B&M | $44,543 |
| CenterState Bank, National Association | 1190 Business Center Drive Lake Mary, FL 32746 | Full Service B&M | $54,149 |
| CenterState Bank, National Association | 120 State Road 312 West Saint Augustine, FL 32086 | Full Service B&M | $88,109 |
| CenterState Bank, National Association | 120 Us Highway 27 South Lake Placid, FL 33852 | Full Service B&M | $28,690 |
| CenterState Bank, National Association | 12285 S. Orange Blossom Trail Orlando, FL 32837 | Full Service B&M | $50,035 |
| CenterState Bank, National Association | 1234 King Street Jacksonville, FL 32204 | Full Service B&M | $83,983 |
| CenterState Bank, National Association | 12435 Cortez Blvd. Brooksville, FL 34613 | Full Service B&M | $24,891 |
| CenterState Bank, National Association | 1307 S Tamiami Trail Osprey, FL 34229 | Full Service B&M | $36,514 |
| CenterState Bank, National Association | 14045 7th Street Dade City, FL 33525 | Full Service B&M | $23,827 |
| CenterState Bank, National Association | 14480 Nw 152nd Lane Alachua, FL 32615 | Full Service B&M | $25,383 |
| CenterState Bank, National Association | 1500 Lee Road Winter Park, FL 32789 | Full Service B&M | $63,236 |
| CenterState Bank, National Association | 1515 N Federal Hwy, Suite 100 Boca Raton, FL 33432 | Full Service B&M | $111,492 |
| CenterState Bank, National Association | 15302 Amberly Drive Tampa, FL 33647 | Full Service B&M | $25,869 |
| CenterState Bank, National Association | 1549 Nw St. Lucie West Bouelvard Saint Lucie West, FL 34986 | Full Service B&M | $30,380 |
| CenterState Bank, National Association | 155 North Lake Shore Way Lake Alfred, FL 33850 | Full Service B&M | $20,648 |
| CenterState Bank, National Association | 1550 N. Krome Ave Homestead, FL 33030 | Full Service B&M | $132,438 |
| CenterState Bank, National Association | 15588 Sw Warfield Blvd Indiantown, FL 34956 | Full Service B&M | $37,031 |
| CenterState Bank, National Association | 15830 Us Hwy 441 Eustis, FL 32726 | Full Service B&M | $12,731 |
| CenterState Bank, National Association | 1632 East Silver Springs Boulevard Ocala, FL 34470 | Full Service B&M | $226,439 |
| CenterState Bank, National Association | 2100 South Parrott Avenue Okeechobee, FL 34974 | Full Service B&M | $99,948 |
| CenterState Bank, National Association | 175 Cypress Point Pkwy Palm Coast, FL 32164 | Full Service B&M | $22,147 |
| CenterState Bank, National Association | 1750 N.E. 8th Street Homestead, FL 33033 | Full Service B&M | $74,833 |
| CenterState Bank, National Association | 1804 James L. Redmon Pkwy Plant City, FL 33563 | Full Service B&M | $115,936 |
| CenterState Bank, National Association | 1815 State Road 60 East Valrico, FL 33594 | Full Service B&M | $78,048 |
| CenterState Bank, National Association | 18765 S. Dixie Highway Miami, FL 33157 | Full Service B&M | $62,080 |
| CenterState Bank, National Association | 1950 W. International Speedway Blvd Daytona Beach, FL 32114 | Full Service B&M | $62,595 |
| CenterState Bank, National Association | 1975 A1a South Saint Augustine, FL 32080 | Full Service B&M | $69,225 |
| CenterState Bank, National Association | 19990 S.W. 177 Avenue Miami, FL 33187 | Full Service B&M | $73,367 |
| CenterState Bank, National Association | 200 S. Indian River Dr, Ste 100 Fort Pierce, FL 34950 | Full Service B&M | $30,363 |
| CenterState Bank, National Association | 205 S Wc Owen Ave Clewiston, FL 33440 | Full Service B&M | $33,126 |
| CenterState Bank, National Association | 2100 Main St Dunedin, FL 34698 | Full Service B&M | $24,401 |
| CenterState Bank, National Association | 2320 S Orange Ave Orlando, FL 32806 | Full Service B&M | $44,969 |
| CenterState Bank, National Association | 2400 Se Monterey Road, Suite 100 Stuart, FL 34996 | Full Service B&M | $269,483 |
| CenterState Bank, National Association | 2419 E Commercial Blvd, Ste. 102 Fort Lauderdale, FL 33308 | Full Service B&M | $94,447 |
| CenterState Bank, National Association | 25151 S. Dixie Highway Princeton, FL 33032 | Full Service B&M | $68,412 |
| CenterState Bank, National Association | 2591 Simpson Road Kissimmee, FL 34743 | Full Service B&M | $35,762 |
| CenterState Bank, National Association | 2600 U.S. Highway 27, North Sebring, FL 33871 | Full Service B&M | $69,733 |
| CenterState Bank, National Association | 2811 Manatee Avenue West Bradenton, FL 34205 | Full Service B&M | $89,728 |
| CenterState Bank, National Association | 2819 13th Street St. Cloud, FL 34769 | Full Service B&M | $49,397 |
| CenterState Bank, National Association | 28801 S.W. 157th Avenue Homestead, FL 33033 | Full Service B&M | $139,388 |
| CenterState Bank, National Association | 291 North Courtenay Parkway Merritt Island, FL 32953 | Full Service B&M | $44,522 |
| CenterState Bank, National Association | 2922 Corinthian Avenue Jacksonville, FL 32210 | Full Service B&M | $31,390 |
| CenterState Bank, National Association | 2991 Sw High Meadows Avenue Palm City, FL 34990 | Full Service B&M | $55,156 |
| CenterState Bank, National Association | 300 West Central Avenue Lake Wales, FL 33853 | Full Service B&M | $55,345 |
| CenterState Bank, National Association | 302 W. Palm Drive Florida City, FL 33034 | Full Service B&M | $15,507 |
| CenterState Bank, National Association | 3240 Cardinal Drive Vero Beach, FL 32963 | Full Service B&M | $23,304 |
| CenterState Bank, National Association | 349 W. Oak Street Kissimmee, FL 34741 | Full Service B&M | $139,629 |
| CenterState Bank, National Association | 350 N. State Road 19 Palatka, FL 32177 | Full Service B&M | $92,051 |
| CenterState Bank, National Association | 35320 U.S. Highway 19 North Palm Harbor, FL 34684 | Full Service B&M | $55,664 |
| CenterState Bank, National Association | 3535 Sw 34th Street Gainesville, FL 32608 | Full Service B&M | $26,387 |
| CenterState Bank, National Association | 3540 Us Highway 27 S Sebring, FL 33870 | Full Service B&M | $54,548 |
| CenterState Bank, National Association | 36099 Us Highway 27 Haines City, FL 33844 | Full Service B&M | $44,757 |
| CenterState Bank, National Association | 3670 Havendale Boulevard Auburndale, FL 33823 | Full Service B&M | $33,100 |
| CenterState Bank, National Association | 3711 Tampa Road Oldsmar, FL 34677 | Full Service B&M | $96,666 |
| CenterState Bank, National Association | 3741 S. Nova Road Port Orange, FL 32129 | Full Service B&M | $32,938 |
| CenterState Bank, National Association | 3919 West Newberry Road Gainesville, FL 32607 | Full Service B&M | $86,871 |
| CenterState Bank, National Association | 400 U S Highway 27 Avon Park, FL 33825 | Full Service B&M | $66,952 |
| CenterState Bank, National Association | 408 S Macdill Ave Tampa, FL 33609 | Full Service B&M | $66,640 |
| CenterState Bank, National Association | 410 8th Avenue West Palmetto, FL 34221 | Full Service B&M | $64,206 |
| CenterState Bank, National Association | 4100 Nw 37th Place Gainesville, FL 32606 | Full Service B&M | $78,786 |
| CenterState Bank, National Association | 4144 Ashton Club Drive Lake Wales, FL 33859 | Full Service B&M | $28,858 |
| CenterState Bank, National Association | 4150 Okeechobee Rd Fort Pierce, FL 34947 | Full Service B&M | $109,372 |
| CenterState Bank, National Association | 420 W. First Street Sanford, FL 32771 | Full Service B&M | $36,357 |
| CenterState Bank, National Association | 42725 Us Hwy 27 Davenport, FL 33837 | Full Service B&M | $38,177 |
| CenterState Bank, National Association | 45 N. Bridge Street Labelle, FL 33935 | Full Service B&M | $30,095 |
| CenterState Bank, National Association | 4719 S. Florida Avenue Lakeland, FL 33813 | Full Service B&M | $163,663 |
| CenterState Bank, National Association | 4898 E. Irlo Bronson Memorial Hwy Saint Cloud, FL 34771 | Full Service B&M | $57,748 |
| CenterState Bank, National Association | 4905 Nw Blichton Road Ocala, FL 34482 | Full Service B&M | $36,485 |
| CenterState Bank, National Association | 500 N. Summit Street Crescent City, FL 32112 | Full Service B&M | $34,209 |
| CenterState Bank, National Association | 500 S Florida Avenue, Suite 100 Lakeland, FL 33801 | Full Service B&M | $189,895 |
| CenterState Bank, National Association | 5770 North Wickham Road Palm Shores, FL 32940 | Full Service B&M | $83,380 |
| CenterState Bank, National Association | 6204 N. Lockwood Ridge Road Sarasota, FL 34243 | Full Service B&M | $46,331 |
| CenterState Bank, National Association | 6736 Indiantown Road Jupiter, FL 33458 | Full Service B&M | $23,967 |
| CenterState Bank, National Association | 6900 Cypress Gardens Boulevard Winter Haven, FL 33884 | Full Service B&M | $10,605 |
| CenterState Bank, National Association | 6930 Gall Blvd. Zephyrhills, FL 33542 | Full Service B&M | $55,408 |
| CenterState Bank, National Association | 7077 Bonneval Road, Suite 110 Jacksonville, FL 32216 | Full Service B&M | $53,944 |
| CenterState Bank, National Association | 7204 U.S. Highway 301 North Ellenton, FL 34222 | Full Service B&M | $33,521 |
| CenterState Bank, National Association | 722 S Pine Avenue Ocala, FL 34471 | Limited, Drive-thru | $31,670 |
| CenterState Bank, National Association | 7301 West Palmetto Park Road Boca Raton, FL 33433 | Full Service B&M | $90,060 |
| CenterState Bank, National Association | 763 E. 3rd Avenue New Smyrna Beach, FL 32169 | Full Service B&M | $26,331 |
| CenterState Bank, National Association | 7722 Sr 544 East Winter Haven, FL 33881 | Full Service B&M | $75,263 |
| CenterState Bank, National Association | 7755 S.W. 65th Avenue Rd Ocala, FL 34476 | Full Service B&M | $57,935 |
| CenterState Bank, National Association | 802 W Lumsden Rd Brandon, FL 33511 | Full Service B&M | $149,444 |
| CenterState Bank, National Association | 850 Cypress Parkway Poinciana, FL 34759 | Full Service B&M | $32,347 |
| CenterState Bank, National Association | 855 21st Street Vero Beach, FL 32960 | Full Service B&M | $91,456 |
| CenterState Bank, National Association | 900 State Road 16 Saint Augustine, FL 32084 | Full Service B&M | $77,993 |
| CenterState Bank, National Association | 901 E Las Olas Blvd, Suite 103 Fort Lauderdale, FL 33301 | Full Service B&M | $44,125 |
| CenterState Bank, National Association | 903 W. North Blvd. Leesburg, FL 34748 | Full Service B&M | $36,174 |
| CenterState Bank, National Association | 909 Se Fifth Avenue Delray Beach, FL 33483 | Full Service B&M | $105,252 |
| CenterState Bank, National Association | 91390 Overseas Highway/Po Box 1425 Tavernier, FL 33070 | Full Service B&M | $50,501 |
| CenterState Bank, National Association | 945 South Orange Avenue Orlando, FL 32806 | Full Service B&M | $73,463 |
| CenterState Bank, National Association | 9815 S Us Highway 1 Port Saint Lucie, FL 34952 | Full Service B&M | $170,105 |
For 2018, South State Bank had 108 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $463,654 |
| Net interest income | $419,519 |
| Total noninterest income | $102,930 |
| Gross Fiduciary activities income | $0 |
| Service charges on deposit accounts | $19,741 |
| Trading account gains and fees | $57 |
| Additional Noninterest Income | $83,132 |
| Pre-tax net operating income | $204,053 |
| Securities gains (or losses, -) | $-13 |
| Income before extraordinary items | $155,722 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $155,722 |
| Minority interest net income | $0 |
| Net income | $155,722 |
| Sale, conversion, retirement of capital stock, net | $3,165 |
| Net operating income | $155,732 |
South State Bank's gross interest income from loans was $463,654,000.
South State Bank's net interest income from loans was $419,519,000.
South State Bank's fee based income from loans was $19,741,000.
South State Bank's net income from loans was $155,722,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $44,135 |
| Provision for credit losses | $8,287 |
| Total noninterest expense | $310,109 |
| Salaries and employee benefits | $171,592 |
| Premises and equipment expense | $31,317 |
| Additional noninterest expense | $107,200 |
| Applicable income taxes | $48,318 |
| Net charge-offs | $1,339 |
| Cash dividends | $68,000 |
South State Bank's interest expense for loans was $44,135,000.
South State Bank's payroll and benefits expense were $171,592,000.
South State Bank's property, plant and equipment expenses $31,317,000.
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 | $9,481,764 |
| Deposits held in domestic offices | $9,481,764 |
| Deposits by Individuals, partnerships, and corporations | $8,606,821 |
| Deposits by U.S. Government | $0 |
| Deposits by States and political subdivisions in the U.S. | $733,409 |
| Deposits by Commercial banks and other depository institutions in U.S. | $141,534 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $990,357 |
| Demand deposits | $626,397 |
| Nontransaction accounts | $8,491,407 |
| Money market deposit accounts (MMDAs) | $2,216,571 |
| Other savings deposits (excluding MMDAs) | $4,452,875 |
| Total time deposits | $1,821,961 |
| Total time and savings deposits | $8,855,367 |
| Noninterest-bearing deposits | $2,928,067 |
| Interest-bearing deposits | $6,553,696 |
| Retail deposits | $8,819,237 |
| IRAs and Keogh plan accounts | $108,764 |
| Brokered deposits | $328,718 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $12,326,862 |
| Cash & Balances due from depository institutions | $327,721 |
| Interest-bearing balances | $204,216 |
| Total securities | $1,946,190 |
| Federal funds sold & reverse repurchase | $39,363 |
| Net loans and leases | $8,341,061 |
| Loan and leases loss allowance | $39,767 |
| Trading account assets | $94,212 |
| Bank premises and fixed assets | $240,383 |
| Other real estate owned | $2,909 |
| Goodwill and other intangibles | $872,058 |
| All other assets | $462,965 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $12,326,862 |
| Total Liabilities | $10,326,899 |
| Total deposits | $9,481,764 |
| Interest-bearing deposits | $6,553,696 |
| Deposits held in domestic offices | $9,481,764 |
| % insured (estimated) | $69 |
| Federal funds purchased and repurchase agreements | $352,132 |
| Trading liabilities | $92,892 |
| Other borrowed funds | $350,000 |
| Subordinated debt | $0 |
| All other liabilities | $50,111 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $8,341,061 |
| Loan and leases loss allowance | $39,767 |
| Total loans and leases (domestic) | $8,380,828 |
| All real estate loans | $6,985,267 |
| Real estate loans in domestic offices | $6,985,267 |
| Construction and development loans | $643,932 |
| Residential 1-4 family construction | $266,802 |
| Other construction, all land development and other land | $377,130 |
| Loans secured by nonfarm nonresidential properties | $4,155,569 |
| Nonfarm nonresidential secured by owner-occupied properties | $1,692,501 |
| Commercial real estate & other non-farm, non-residential | $2,463,068 |
| Multifamily residential real estate | $174,943 |
| 1-4 family residential loans | $1,905,817 |
| Farmland loans | $105,006 |
| Loans held in foreign offices | $0 |
| Farm loans | $5,190 |
| Commercial and industrial loans | $730,111 |
| To non-U.S. addressees | $0 |
| Loans to individuals | $206,587 |
| Credit card loans | $0 |
| Related Plans | $16,201 |
| Consumer Auto Loans | $27,218 |
| Other loans to individuals | $163,168 |
| All other loans & leases | $453,673 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $102,793 |
| 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 | $74,040 |
| Restructured Loans & leases | $3,528 |
| Non 1-4 family restructured loans & leases | $1,064 |
| Total loans and leases (foreign) | $0 |
South State Bank had $8,341,061,000 of loans outstanding in 2018. $6,985,267,000 of loans were in real estate loans. $643,932,000 of loans were in development loans. $174,943,000 of loans were in multifamily mortgage loans. $1,905,817,000 of loans were in 1-4 family mortgage loans. $5,190,000 of loans were in farm loans. $0 of loans were in credit card loans. $27,218,000 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 | 5,007 | $1,370,541 | $273,725 |
| Nonfarm, nonresidential loans - <$100k | 644 | $38,974 | $60,519 |
| Nonfarm, nonresidential loans - $100-250k | 1,539 | $203,868 | $132,468 |
| Nonfarm, nonresidential loans - $250k-1MM | 2,824 | $1,127,699 | $399,327 |
| Commercial & Industrial, US addressed loans - <$1MM | 5,717 | $413,667 | $72,357 |
| Commercial & Industrial, US addressed loans - <$100k | 3,712 | $108,764 | $29,301 |
| Commercial & Industrial, US addressed loans - $100-250k | 1,214 | $113,392 | $93,404 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 791 | $191,511 | $242,113 |
| Farmland loans - <$1MM | 237 | $40,172 | $169,502 |
| Farmland loans - <$100k | 49 | $3,137 | $64,020 |
| Farmland loans - $100-250k | 97 | $12,979 | $133,804 |
| Farmland loans - $250k-1MM | 91 | $24,056 | $264,352 |
| Agriculture operations loans - <$1MM | 60 | $4,761 | $79,350 |
| Agriculture operations loans - <$100k | 30 | $830 | $27,667 |
| Agriculture operations loans - $100-250k | 27 | $3,313 | $122,704 |
| Agriculture operations loans - $250k-1MM | 3 | $618 | $206,000 |