South State Bank Mortgage Rates, Fees & Info

Winter Haven, FL

LEI: 8I3UVGYULPJQIP7FQV10

Tax ID: 59-2979916

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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    • Review & Overview

    South State Bank is a small bank specializing in Home Purchase and Refi loans. South State Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Atlanta, Tampa, Huntsville, Jacksonville, and North Port among others. We have data for 154 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.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/22/24
    30 Year Conventional Purchase 6.58% 4/22/24
    30 Year Conventional Refi 6.51% 4/22/24
    30 Year Cash-out Refi 6.73% 4/22/24
    30 Year FHA Purchase 7.12% 4/22/24
    30 Year FHA Refi 7.02% 4/22/24
    30 Year VA Purchase 6.06% 4/22/24
    30 Year VA Refi 5.94% 4/22/24
    30 Year USDA Purchase 6.63% 4/22/24
    15 Year Conventional Purchase 7.17% 4/22/24
    15 Year Conventional Refi 6.38% 4/22/24
    15 Year Cash-out Refi 6.38% 4/22/24
    15 Year VA Purchase 5.70% 4/22/24
    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






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    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

    8,206

    Origination Dollar Volume (All Markets)

    $1,899,360,000

    Employee count

    2,756 Show all (38) awards

    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) 1,301 $416,815,000 $320,380 $4,418 4.13%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 674 $120,780,000 $179,199 $4,486 4.96%
    HUNTSVILLE, AL (FHA|USDA|VA) 316 $96,740,000 $306,139 $5,405 4.06%
    JACKSONVILLE, FL (FHA|USDA|VA) 302 $80,170,000 $265,464 $4,636 4.74%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 340 $80,030,000 $235,382 $4,351 4.91%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 509 $78,845,000 $154,902 $4,003 5.34%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 363 $78,045,000 $215,000 $4,565 4.62%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 265 $78,035,000 $294,472 $3,278 4.27%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 228 $77,140,000 $338,333 $5,211 4.93%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 569 $71,335,000 $125,369 $3,854 5.32%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 253 $62,325,000 $246,344 $4,748 4.45%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 257 $56,365,000 $219,319 $5,088 4.02%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 217 $53,395,000 $246,060 $3,303 4.38%
    SAVANNAH, GA (FHA|USDA|VA) 190 $44,600,000 $234,737 $5,753 4.10%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 140 $44,080,000 $314,857 $3,114 4.47%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 266 $39,540,000 $148,647 $4,462 5.21%
    OCALA, FL (FHA|USDA|VA) 150 $39,530,000 $263,533 $3,908 5.00%
    ROME, GA (FHA|USDA|VA) 139 $28,315,000 $203,705 $4,420 3.93%
    Outside of Metro Areas 113 $28,275,000 $250,221 $4,592 4.10%
    Key West, FL (FHA|USDA|VA) 78 $22,870,000 $293,205 $5,296 4.74%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 108 $21,630,000 $200,278 $4,934 4.06%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 69 $19,525,000 $282,971 $4,631 4.98%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 67 $19,465,000 $290,522 $3,441 4.09%
    LaGrange, GA-AL (FHA|USDA|VA) 100 $14,700,000 $147,000 $3,677 4.73%
    Palatka, FL (FHA|USDA|VA) 91 $13,765,000 $151,264 $4,482 4.52%
    Okeechobee, FL (FHA|USDA|VA) 87 $13,095,000 $150,517 $4,255 4.60%
    GAINESVILLE, FL (FHA|USDA|VA) 48 $11,200,000 $233,333 $5,111 4.88%
    Dublin, GA (FHA|USDA|VA) 57 $8,645,000 $151,667 $4,229 3.78%
    DALTON, GA (FHA|USDA|VA) 49 $8,455,000 $172,551 $3,976 3.84%
    WARNER ROBINS, GA (FHA|USDA|VA) 39 $8,215,000 $210,641 $4,554 4.04%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 50 $8,050,000 $161,000 $3,538 4.11%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 28 $7,240,000 $258,571 $5,510 4.80%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 79 $6,245,000 $79,051 $2,821 5.21%
    THE VILLAGES, FL (FHA|USDA|VA) 42 $6,170,000 $146,905 $4,718 5.09%
    Calhoun, GA (FHA|USDA|VA) 33 $5,235,000 $158,636 $3,768 4.07%
    RALEIGH-CARY, NC (FHA|USDA|VA) 25 $4,945,000 $197,800 $3,227 4.04%
    GAINESVILLE, GA (FHA|USDA|VA) 20 $4,830,000 $241,500 $4,470 3.76%
    Alexander City, AL (FHA|USDA|VA) 19 $4,825,000 $253,947 $3,189 4.37%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 42 $4,480,000 $106,667 $3,558 5.70%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $3,440,000 $430,000 $6,211 4.38%
    COLUMBUS, GA-AL (FHA|USDA|VA) 19 $3,355,000 $176,579 $4,498 4.30%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 10 $3,340,000 $334,000 $3,310 4.21%
    PUNTA GORDA, FL (FHA|USDA|VA) 26 $3,310,000 $127,308 $3,030 5.43%
    GREENVILLE, NC (FHA|USDA|VA) 16 $3,250,000 $203,125 $4,215 3.83%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 11 $3,225,000 $293,182 $4,548 3.78%
    Tifton, GA (FHA|USDA|VA) 19 $3,215,000 $169,211 $5,154 4.18%
    ALBANY, GA (FHA|USDA|VA) 12 $3,140,000 $261,667 $5,189 4.25%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 7 $2,885,000 $412,143 $4,750 3.96%
    Jefferson, GA (FHA|USDA|VA) 10 $2,810,000 $281,000 $4,338 4.51%
    HINESVILLE, GA (FHA|USDA|VA) 16 $2,710,000 $169,375 $5,890 3.95%
    MOBILE, AL (FHA|USDA|VA) 6 $2,680,000 $446,667 $3,635 4.29%
    Statesboro, GA (FHA|USDA|VA) 14 $2,310,000 $165,000 $4,727 4.03%
    NEW BERN, NC (FHA|USDA|VA) 14 $2,290,000 $163,571 $3,026 4.12%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 12 $2,290,000 $190,833 $3,319 3.85%
    DECATUR, AL (FHA|USDA|VA) 11 $2,265,000 $205,909 $4,330 3.93%
    Milledgeville, GA (FHA|USDA|VA) 9 $2,155,000 $239,444 $4,383 4.81%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $1,980,000 $247,500 $4,024 4.69%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6 $1,940,000 $323,333 $3,302 3.92%
    Cordele, GA (FHA|USDA|VA) 11 $1,875,000 $170,455 $3,299 3.88%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $1,705,000 $1,705,000 $0 5.00%
    Albertville, AL (FHA|USDA|VA) 7 $1,685,000 $240,714 $3,904 3.82%
    PANAMA CITY, FL (FHA|USDA|VA) 7 $1,685,000 $240,714 $3,024 4.83%
    VALDOSTA, GA (FHA|USDA|VA) 10 $1,670,000 $167,000 $3,616 3.88%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 7 $1,655,000 $236,429 $4,398 3.86%
    Scottsboro, AL (FHA|USDA|VA) 5 $1,645,000 $329,000 $4,944 4.15%
    Orangeburg, SC (FHA|USDA|VA) 9 $1,485,000 $165,000 $3,492 3.60%
    Edwards, CO (FHA|USDA|VA) 1 $1,475,000 $1,475,000 $0 5.00%
    St. Marys, GA (FHA|USDA|VA) 4 $1,460,000 $365,000 $3,065 4.16%
    Cullowhee, NC (FHA|USDA|VA) 4 $1,350,000 $337,500 $4,386 3.53%
    MONTGOMERY, AL (FHA|USDA|VA) 7 $1,305,000 $186,429 $3,268 3.68%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $1,235,000 $411,667 $5,479 4.29%
    COLUMBIA, SC (FHA|USDA|VA) 6 $1,200,000 $200,000 $5,428 3.83%
    Cedartown, GA (FHA|USDA|VA) 7 $1,145,000 $163,571 $4,357 3.88%
    TUSCALOOSA, AL (FHA|USDA|VA) 5 $1,115,000 $223,000 $2,779 3.87%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $1,085,000 $361,667 $3,878 3.92%
    Moultrie, GA (FHA|USDA|VA) 5 $1,085,000 $217,000 $4,900 4.20%
    Troy, AL (FHA|USDA|VA) 4 $1,030,000 $257,500 $5,458 3.94%
    Clewiston, FL (FHA|USDA|VA) 12 $1,020,000 $85,000 $3,535 5.18%
    GOLDSBORO, NC (FHA|USDA|VA) 6 $1,000,000 $166,667 $3,797 4.00%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $985,000 $328,333 $3,662 4.25%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 5 $945,000 $189,000 $5,015 3.68%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $945,000 $315,000 $4,099 3.96%
    SANTA FE, NM (FHA|USDA|VA) 2 $840,000 $420,000 $2,808 3.75%
    BRUNSWICK, GA (FHA|USDA|VA) 4 $800,000 $200,000 $6,174 4.53%
    Wauchula, FL (FHA|USDA|VA) 3 $785,000 $261,667 $5,535 4.90%
    Summerville, GA (FHA|USDA|VA) 5 $775,000 $155,000 $4,232 3.88%
    Cullman, AL (FHA|USDA|VA) 2 $770,000 $385,000 $4,750 4.44%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $765,000 $765,000 $6,955 3.88%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $725,000 $725,000 $3,826 5.13%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $715,000 $715,000 $3,174 4.50%
    Enterprise, AL (FHA|USDA|VA) 3 $645,000 $215,000 $3,797 4.08%
    West Point, MS (FHA|USDA|VA) 1 $645,000 $645,000 $4,939 4.00%
    Henderson, NC (FHA|USDA|VA) 2 $630,000 $315,000 $2,794 4.31%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $625,000 $208,333 $4,599 4.38%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $620,000 $310,000 $7,714 3.88%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $600,000 $300,000 $3,939 3.69%
    Ozark, AL (FHA|USDA|VA) 4 $560,000 $140,000 $3,433 4.88%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $555,000 $185,000 $3,470 4.38%
    Cornelia, GA (FHA|USDA|VA) 3 $545,000 $181,667 $4,766 3.97%
    Seneca, SC (FHA|USDA|VA) 4 $520,000 $130,000 $3,177 4.44%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $520,000 $260,000 $2,394 5.19%
    SALINAS, CA (FHA|USDA|VA) 1 $495,000 $495,000 $14,365 2.88%
    DOTHAN, AL (FHA|USDA|VA) 2 $490,000 $245,000 $6,629 4.19%
    Dayton, TN (FHA|USDA|VA) 1 $485,000 $485,000 $8,642 3.38%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $485,000 $485,000 $3,104 4.13%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $480,000 $240,000 $2,784 4.38%
    SPARTANBURG, SC (FHA|USDA|VA) 2 $470,000 $235,000 $4,116 4.13%
    TALLAHASSEE, FL (FHA|USDA|VA) 3 $455,000 $151,667 $3,707 3.92%
    Eufaula, AL-GA (FHA|USDA|VA) 2 $450,000 $225,000 $7,199 4.00%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $425,000 $425,000 $3,838 3.38%
    Arcadia, FL (FHA|USDA|VA) 1 $405,000 $405,000 $4,546 4.63%
    GREEN BAY, WI (FHA|USDA|VA) 1 $405,000 $405,000 $4,111 4.00%
    Kinston, NC (FHA|USDA|VA) 3 $385,000 $128,333 $3,689 3.63%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $385,000 $385,000 $4,311 3.75%
    MEDFORD, OR (FHA|USDA|VA) 1 $385,000 $385,000 $0 5.63%
    WILMINGTON, NC (FHA|USDA|VA) 2 $350,000 $175,000 $2,855 4.94%
    WORCESTER, MA-CT (FHA|USDA|VA) 2 $350,000 $175,000 $3,889 3.88%
    Greenwood, SC (FHA|USDA|VA) 2 $350,000 $175,000 $5,951 4.38%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $335,000 $335,000 $2,573 4.13%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $315,000 $315,000 $3,471 4.13%
    Jesup, GA (FHA|USDA|VA) 2 $310,000 $155,000 $4,529 3.69%
    Brevard, NC (FHA|USDA|VA) 1 $305,000 $305,000 $6,927 3.88%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $2,882 4.13%
    Fort Payne, AL (FHA|USDA|VA) 1 $285,000 $285,000 $8,224 3.38%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $280,000 $140,000 $3,795 3.44%
    Atmore, AL (FHA|USDA|VA) 1 $275,000 $275,000 $2,820 4.13%
    Toccoa, GA (FHA|USDA|VA) 1 $265,000 $265,000 $0 5.00%
    JACKSON, MS (FHA|USDA|VA) 1 $255,000 $255,000 $2,484 3.75%
    BOULDER, CO (FHA|USDA|VA) 1 $255,000 $255,000 $1,732 3.75%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $255,000 $255,000 $3,697 3.88%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $245,000 $245,000 $3,947 3.75%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $235,000 $235,000 $4,625 4.00%
    COLUMBUS, OH (FHA|USDA|VA) 1 $225,000 $225,000 $2,810 4.00%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.25%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $205,000 $205,000 $3,048 3.75%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,125 3.50%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $205,000 $205,000 $3,368 3.25%
    GREELEY, CO (FHA|USDA|VA) 1 $195,000 $195,000 $6,922 3.25%
    Wilson, NC (FHA|USDA|VA) 1 $195,000 $195,000 $4,223 4.25%
    FLORENCE, SC (FHA|USDA|VA) 1 $185,000 $185,000 $6,153 3.88%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $6,161 3.63%
    Americus, GA (FHA|USDA|VA) 1 $175,000 $175,000 $2,925 4.00%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,666 4.00%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $165,000 $165,000 $2,460 4.25%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,088 4.00%
    Waycross, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,699 4.63%
    Lake City, FL (FHA|USDA|VA) 1 $95,000 $95,000 $2,974 3.63%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $95,000 $95,000 $3,109 3.75%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $95,000 $95,000 $2,737 3.38%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $85,000 $85,000 $2,390 5.75%
    Thomasville, GA (FHA|USDA|VA) 1 $85,000 $85,000 $2,999 4.00%
    SUMTER, SC (FHA|USDA|VA) 1 $75,000 $75,000 $3,268 3.63%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.63%
    Douglas, GA (FHA|USDA|VA) 1 $55,000 $55,000 $2,865 4.50%
    South State Bank's top markets include Atlanta, Tampa, Huntsville, Jacksonville, and North Port among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • 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.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 5,742 $1,467,530,000 $255,578 $3,946 4.51%
    HELOC 1,446 $208,220,000 $143,997 n/a 5.39%
    FHA 563 $110,085,000 $195,533 $6,775 3.84%
    VA 358 $99,860,000 $278,939 $6,379 3.70%
    USDA 97 $13,665,000 $140,876 $4,660 3.85%

    For 2019, South State Bank's most frequently originated type of loan was Conventional, with 5,742 originations. Their 2nd most popular type was HELOC, with 1,446 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,867 $1,134,805,000 $233,163 $4,679 4.49%
    Refi 1,304 $405,390,000 $310,882 $3,748 4.21%
    Other 783 $107,555,000 $137,363 $2,415 5.37%
    Cash Out Refi 661 $168,285,000 $254,592 $4,135 4.27%
    Home Improvement 591 $83,325,000 $140,990 $2,508 5.36%

    For 2019, South State Bank's most frequently cited loan purpose was Home Purchase, with 4,867 originations. The 2nd most popular reason was Refi, with 1,304 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,376 $1,159,160,000 $264,890 $4,496 4.09%
    10 Year 1,617 $236,085,000 $146,002 $1,005 5.39%
    15 Year 1,164 $144,360,000 $124,021 $3,202 4.97%
    30+ year 466 $205,630,000 $441,266 $6,314 4.42%
    20 Year 326 $43,790,000 $134,325 $3,223 5.39%
    5 Year 140 $41,620,000 $297,286 $101 5.18%
    Other 86 $45,230,000 $525,930 $5,647 5.23%
    1 Year 20 $3,890,000 $194,500 $0 6.09%
    3 Year 11 $19,595,000 $1,781,364 $0 5.43%

    For 2019, South State Bank's most frequently cited loan duration was 30 Year, with 4,376 originations. The 2nd most popular length was 10 Year, with 1,617 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 3,521 $949,275,000 $269,604
    $<1k 1,088 $207,530,000 $190,744
    $2k-3k 583 $186,545,000 $319,974
    $3k-4k 141 $43,105,000 $305,709
    $5k+ 107 $53,925,000 $503,972
    $4k-5k 102 $35,160,000 $344,706

    South State Bank's average total fees were $4,496, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 3,521 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,997 $829,775,000 $276,869
    4-5% 2,759 $753,815,000 $273,220
    5-6% 1,704 $248,550,000 $145,863
    6-7% 624 $49,860,000 $79,904
    2.5-3% 60 $13,300,000 $221,667
    7-8% 36 $2,440,000 $67,778
    <2.5% 20 $190,000 $9,500
    Over 8% 2 $490,000 $245,000

    During 2019, South State Bank's average interest rate for loans was 4.09%, while their most frequently originated rate bucket for loans was 3-4%, with 2,997 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,667 $741,785,000 $278,135 $4,801 4.15%
    $100k-200k 2,322 $345,090,000 $148,618 $3,904 4.44%
    $100,000 or less 2,167 $120,245,000 $55,489 $2,600 5.41%
    $400k-600k 702 $327,690,000 $466,795 $5,091 4.20%
    $600k-1MM 246 $185,360,000 $753,496 $6,503 4.40%
    $1MM+ 102 $179,190,000 $1,756,765 $9,667 4.43%

    2019 saw South State Bank place emphasis on $200k-400k loans with 2,667 originations, totaling $741,785,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,657 $247,245,000 $149,212 $4,170 4.56%
    $100k-150k 1,542 $348,920,000 $226,278 $4,573 4.54%
    $50k or less 1,397 $145,445,000 $104,112 $3,678 4.74%
    $75k-100k 1,168 $222,670,000 $190,642 $4,554 4.54%
    $150k-250k 1,116 $344,770,000 $308,934 $4,675 4.42%
    $250k+ 865 $415,245,000 $480,052 $5,515 4.52%

    South State Bank lent most frequently to those with incomes in the $50k-75k range, with 1,657 originations. The second most popular income band? $100k-150k, with 1,542 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,729 $383,425,000 $221,761 $4,144 4.56%
    30-36% 1,499 $319,295,000 $213,005 $4,311 4.58%
    <20% 755 $177,265,000 $234,788 $3,896 4.57%
    42% 538 $116,450,000 $216,450 $4,505 4.91%
    41% 385 $86,795,000 $225,442 $4,424 4.79%
    39% 369 $83,685,000 $226,789 $4,400 4.69%
    40% 332 $73,350,000 $220,934 $4,454 4.63%
    38% 317 $66,125,000 $208,596 $4,347 4.75%
    37% 302 $67,260,000 $222,715 $4,294 4.77%
    36% 258 $57,880,000 $224,341 $4,433 4.64%
    43% 200 $44,470,000 $222,350 $4,428 4.17%
    50-60% 200 $44,730,000 $223,650 $6,795 3.88%
    44% 199 $47,895,000 $240,678 $4,431 4.13%
    49% 194 $41,290,000 $212,835 $4,337 4.28%
    45% 146 $32,600,000 $223,288 $4,965 4.23%
    48% 145 $34,615,000 $238,724 $4,767 4.08%
    47% 144 $35,960,000 $249,722 $4,568 4.09%
    46% 134 $29,310,000 $218,731 $4,531 4.13%
    >60% 12 $2,500,000 $208,333 $3,391 5.88%

    South State Bank lent most frequently to those with DTI ratios of 20-30%, with 1,729 originations. The next most common DTI ratio? 30-36%, with 1,499 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 6,681 $1,469,775,000 $219,993 $4,345 4.61%
    Not applicable 228 $118,950,000 $521,711 $0 5.29%
    Not provided 475 $116,825,000 $245,947 $4,568 4.34%
    Black 437 $98,635,000 $225,709 $5,146 4.34%
    Asian 332 $83,080,000 $250,241 $4,028 4.06%
    American Indian 29 $7,125,000 $245,690 $4,223 4.13%
    Native Hawaiian or Islander 14 $2,900,000 $207,143 $6,547 4.47%
    Other Asian 2 $730,000 $365,000 $0 5.50%
    Asian Indian 3 $555,000 $185,000 $6,116 4.25%
    Vietnamese 2 $430,000 $215,000 $2,848 4.38%
    Guamanian 1 $305,000 $305,000 $0 5.00%
    Filipino 1 $25,000 $25,000 $0 5.50%
    Other Pacific Islander 1 $25,000 $25,000 $769 7.75%

    Approval Rates

    Total approvals of all applications
    88.24%

    South State Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.66%

    South State Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    1008.51 1 $125,000 $125,000
    1014.0 1 $25,000 $25,000
    1022.25 1 $55,000 $55,000
    1033.21 1 $25,000 $25,000
    1034.71 1 $35,000 $35,000
    1049.37 1 $25,000 $25,000
    1058.0 1 $55,000 $55,000
    1061.63 1 $45,000 $45,000
    1070.3 1 $15,000 $15,000
    1077.0 1 $25,000 $25,000
    1080.37 1 $55,000 $55,000
    1081.2 1 $45,000 $45,000
    1087.15 1 $25,000 $25,000
    1095.75 1 $105,000 $105,000
    1096.15 21 $945,000 $45,000
    1101.95 1 $55,000 $55,000
    1105.8 1 $105,000 $105,000
    1110.05 2 $100,000 $50,000
    1116.05 1 $65,000 $65,000
    1119.05 49 $2,605,000 $53,163
    1120.3 5 $185,000 $37,000
    1122.37 1 $55,000 $55,000
    1131.15 1 $25,000 $25,000
    1143.2 1 $35,000 $35,000
    1143.7 1 $35,000 $35,000
    1144.05 3 $175,000 $58,333
    1144.45 2 $70,000 $35,000
    1145.3 1 $15,000 $15,000
    1146.15 1 $115,000 $115,000
    1168.0 1 $35,000 $35,000
    1168.6 2 $160,000 $80,000
    1169.02 1 $85,000 $85,000
    1169.05 7 $375,000 $53,571
    1170.03 1 $95,000 $95,000
    1170.3 4 $130,000 $32,500
    1171.63 1 $75,000 $75,000
    1179.05 1 $25,000 $25,000
    1180.3 1 $35,000 $35,000
    1219.0 1 $45,000 $45,000
    1592.01 1 $55,000 $55,000
    1675.74 1 $75,000 $75,000
    1903.69 1 $65,000 $65,000
    2602.04 1 $35,000 $35,000
    278.0 1 $25,000 $25,000
    53.0 1 $15,000 $15,000
    596.15 1 $25,000 $25,000
    610.05 1 $45,000 $45,000
    611.3 1 $15,000 $15,000
    653.0 1 $15,000 $15,000
    703.0 1 $5,000 $5,000
    753.0 402 $19,540,000 $48,607
    762.0 14 $540,000 $38,571
    773.0 1 $45,000 $45,000
    778.0 30 $1,610,000 $53,667
    786.15 5 $255,000 $51,000
    787.0 1 $45,000 $45,000
    788.0 1 $35,000 $35,000
    788.4 1 $25,000 $25,000
    797.05 1 $75,000 $75,000
    797.4 1 $45,000 $45,000
    801.95 1 $85,000 $85,000
    803.0 23 $1,175,000 $51,087
    808.0 1 $75,000 $75,000
    809.05 6 $360,000 $60,000
    810.3 2 $110,000 $55,000
    828.0 5 $335,000 $67,000
    860.3 2 $60,000 $30,000
    861.15 1 $45,000 $45,000
    884.05 1 $55,000 $55,000
    933.15 1 $45,000 $45,000
    940.5 1 $25,000 $25,000
    963.29 1 $15,000 $15,000
    981.37 1 $55,000 $55,000
    988.5 1 $45,000 $45,000
    996.15 1 $15,000 $15,000
    NA 7,565 $1,867,965,000 $246,922

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 20 $19,480,000 $974,000
    Multifamily:Site-Built 64 $63,360,000 $990,000
    Single Family (1-4 Units):Manufactured 1,034 $66,640,000 $64,449
    Single Family (1-4 Units):Site-Built 7,088 $1,749,880,000 $246,879

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 767 $118,475,000 $154,465 $3,008 5.06%
    40-60% 926 $212,710,000 $229,708 $3,656 4.61%
    60-80% 2,887 $721,845,000 $250,033 $4,057 4.70%
    80-100% 2,917 $769,275,000 $263,721 $4,848 4.21%
    Over 100% 82 $23,800,000 $290,244 $10,409 3.86%
    Under 20% 589 $40,075,000 $68,039 $735 5.24%

    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)
    CenterState Bank, National Association 100 Corridor Rd S Ste 100 Ponte Vedra Beach, FL 32082 Full Service B&M $13,565
    CenterState Bank, National Association 100 N. Laura Street. Ste. 120 Jacksonville, FL 32202 Full Service B&M $26,466
    CenterState Bank, National Association 100 Polo Park E Blvd. Davenport, FL 33897 Full Service B&M $34,690
    CenterState Bank, National Association 100150 Overseas Highway/Po Box 758 Key Largo, FL 33037 Full Service B&M $41,275
    CenterState Bank, National Association 10101 Bloomingdale Avenue Riverview, FL 33578 Full Service B&M $57,236
    CenterState Bank, National Association 102 W Baker St Plant City, FL 33563 Full Service B&M $101,621
    CenterState Bank, National Association 10385 Royal Palm Blvd. Coral Springs, FL 33065 Full Service B&M $108,356
    CenterState Bank, National Association 105 Cbl Dr Saint Augustine, FL 32086 Full Service B&M $25,613
    CenterState Bank, National Association 106-C. Ne Hwy 441 Micanopy, FL 32667 Full Service B&M $12,716
    CenterState Bank, National Association 10891 North Military Trail Palm Beach Gardens, FL 33410 Full Service B&M $84,849
    CenterState Bank, National Association 10990 U.S. Highway 441 S.E. Belleview, FL 34420 Full Service B&M $38,164
    CenterState Bank, National Association 1100 S. Tamiami Trail, Suite 100 Sarasota, FL 34236 Full Service B&M $194,608
    CenterState Bank, National Association 1101 First Street South Winter Haven, FL 33880 Full Service B&M $1,426,430
    CenterState Bank, National Association 1105 W. Broad Street Groveland, FL 34736 Full Service B&M $42,979
    CenterState Bank, National Association 112 N. Nova Road Ormond Beach, FL 32174 Full Service B&M $45,481
    CenterState Bank, National Association 114 W. Belt Avenue Bushnell, FL 33513 Full Service B&M $46,649
    CenterState Bank, National Association 1190 Business Center Drive Lake Mary, FL 32746 Full Service B&M $48,518
    CenterState Bank, National Association 120 State Road 312 West Saint Augustine, FL 32086 Full Service B&M $75,812
    CenterState Bank, National Association 120 Us Highway 27 South Lake Placid, FL 33852 Full Service B&M $34,794
    CenterState Bank, National Association 12215 Us Highway 301 N Parrish, FL 34219 Full Service B&M $55,376
    CenterState Bank, National Association 12285 S. Orange Blossom Trail Orlando, FL 32837 Full Service B&M $50,299
    CenterState Bank, National Association 1233 Og Skinner Dr, P.O. Box 472 West Point, GA 31833 Full Service B&M $0
    CenterState Bank, National Association 1234 King Street Jacksonville, FL 32204 Full Service B&M $78,808
    CenterState Bank, National Association 12435 Cortez Blvd. Brooksville, FL 34613 Full Service B&M $25,510
    CenterState Bank, National Association 1250 Lee Rd Winter Park, FL 32789 Full Service B&M $44,342
    CenterState Bank, National Association 1307 S Tamiami Trail Osprey, FL 34229 Full Service B&M $29,116
    CenterState Bank, National Association 1325 Hendricks Ave Jacksonville, FL 32207 Full Service B&M $139,333
    CenterState Bank, National Association 1375 N Broadway Ave Bartow, FL 33830 Full Service B&M $77,952
    CenterState Bank, National Association 14045 7th Street Dade City, FL 33525 Full Service B&M $25,326
    CenterState Bank, National Association 1440 Kingsley Ave Orange Park, FL 32073 Full Service B&M $52,400
    CenterState Bank, National Association 14480 Nw 152nd Lane Alachua, FL 32615 Full Service B&M $32,879
    CenterState Bank, National Association 1560 West 2nd Street Gulf Shores, AL 36542 Full Service B&M $76,738
    CenterState Bank, National Association 145 Millard Farmer Industrial Blvd Newnan, GA 30263 Full Service B&M $113,351
    CenterState Bank, National Association 150 E Ponce De Leon Ave Decatur, GA 30030 Full Service B&M $66,315
    CenterState Bank, National Association 1500 Lee Road Winter Park, FL 32789 Full Service B&M $55,435
    CenterState Bank, National Association 1515 N Federal Hwy, Suite 100 Boca Raton, FL 33432 Full Service B&M $140,911
    CenterState Bank, National Association 15302 Amberly Drive Tampa, FL 33647 Full Service B&M $35,926
    CenterState Bank, National Association 1540 S Federal Hwy Pompano Beach, FL 33062 Full Service B&M $88,652
    CenterState Bank, National Association 1549 Nw St. Lucie West Bouelvard Saint Lucie West, FL 34986 Full Service B&M $26,554
    CenterState Bank, National Association 155 North Lake Shore Way Lake Alfred, FL 33850 Full Service B&M $27,199
    CenterState Bank, National Association 1550 N. Krome Ave Homestead, FL 33030 Full Service B&M $134,006
    CenterState Bank, National Association 15588 Sw Warfield Blvd Indiantown, FL 34956 Full Service B&M $39,917
    CenterState Bank, National Association 15830 Us Hwy 441 Eustis, FL 32726 Full Service B&M $13,383
    CenterState Bank, National Association 1605 E University Dr Auburn, AL 36830 Full Service B&M $71,422
    CenterState Bank, National Association 1632 East Silver Springs Boulevard Ocala, FL 34470 Full Service B&M $238,952
    CenterState Bank, National Association 1684 S College Auburn, AL 36830 Full Service B&M $18,481
    CenterState Bank, National Association 175 Cypress Point Pkwy Palm Coast, FL 32164 Full Service B&M $29,022
    CenterState Bank, National Association 1750 N.E. 8th Street Homestead, FL 33033 Full Service B&M $85,020
    CenterState Bank, National Association 1804 James L. Redmon Pkwy Plant City, FL 33563 Full Service B&M $124,366
    CenterState Bank, National Association 1815 Little Rd Trinity, FL 34655 Full Service B&M $107,563
    CenterState Bank, National Association 1815 State Road 60 East Valrico, FL 33594 Full Service B&M $87,048
    CenterState Bank, National Association 18765 S. Dixie Highway Miami, FL 33157 Full Service B&M $66,747
    CenterState Bank, National Association 1892 East Burleigh Blvd Tavares, FL 32778 Full Service B&M $68,899
    CenterState Bank, National Association 3711 Tampa Road Oldsmar, FL 34677 Full Service B&M $74,754
    CenterState Bank, National Association 1950 W. International Speedway Blvd Daytona Beach, FL 32114 Full Service B&M $67,069
    CenterState Bank, National Association 1975 A1a South Saint Augustine, FL 32080 Full Service B&M $72,818
    CenterState Bank, National Association 19990 S.W. 177 Avenue Miami, FL 33187 Full Service B&M $88,527
    CenterState Bank, National Association 2 Alhambra Plz Ste 100b Coral Gables, FL 33134 Full Service B&M $2,437
    CenterState Bank, National Association 20 N Orange Ave Suite 104 Orlando, FL 32801 Full Service B&M $158,638
    CenterState Bank, National Association 200 S. Indian River Dr, Ste 100 Fort Pierce, FL 34950 Full Service B&M $39,547
    CenterState Bank, National Association 205 S Wc Owen Ave Clewiston, FL 33440 Full Service B&M $33,351
    CenterState Bank, National Association 2100 Main St Dunedin, FL 34698 Full Service B&M $24,557
    CenterState Bank, National Association 2100 South Parrott Avenue Okeechobee, FL 34974 Full Service B&M $96,204
    CenterState Bank, National Association 2145 Indian River Blvd. Vero Beach, FL 32960 Full Service B&M $115,913
    CenterState Bank, National Association 2198 A1a S Saint Augustine, FL 32080 Full Service B&M $88,530
    CenterState Bank, National Association 2200 Aloma Ave Winter Park, FL 32792 Full Service B&M $65,414
    CenterState Bank, National Association 2231 West Point Rd Lagrange, GA 30240 Full Service B&M $9,587
    CenterState Bank, National Association 2320 S Orange Ave Orlando, FL 32806 Full Service B&M $36,752
    CenterState Bank, National Association 2400 Se Monterey Road, Suite 100 Stuart, FL 34996 Full Service B&M $279,513
    CenterState Bank, National Association 2443 Enterprise Dr Opelika, AL 36801 Full Service B&M $102,214
    CenterState Bank, National Association 25151 S. Dixie Highway Princeton, FL 33032 Full Service B&M $68,770
    CenterState Bank, National Association 2591 Simpson Rd Kissimmee, FL 34744 Full Service B&M $41,978
    CenterState Bank, National Association 2600 U.S. Hwy 27 N Sebring, FL 33870 Full Service B&M $73,355
    CenterState Bank, National Association 2811 Manatee Avenue West Bradenton, FL 34205 Full Service B&M $80,589
    CenterState Bank, National Association 2819 13th Street St. Cloud, FL 34769 Full Service B&M $53,727
    CenterState Bank, National Association 28801 S.W. 157th Avenue Homestead, FL 33033 Full Service B&M $134,605
    CenterState Bank, National Association 291 North Courtenay Parkway, Suite Bb Merritt Island, FL 32953 Full Service B&M $62,609
    CenterState Bank, National Association 2922 Corinthian Avenue Jacksonville, FL 32210 Full Service B&M $36,407
    CenterState Bank, National Association 2991 Sw High Meadows Avenue Palm City, FL 34990 Full Service B&M $53,900
    CenterState Bank, National Association 300 Church St Lagrange, GA 30240 Full Service B&M $29,135
    CenterState Bank, National Association 300 West Central Avenue Lake Wales, FL 33853 Full Service B&M $56,425
    CenterState Bank, National Association 3016 Atlanta Rd Smyrna, GA 30080 Full Service B&M $153,961
    CenterState Bank, National Association 302 W. Palm Drive Florida City, FL 33034 Full Service B&M $16,159
    CenterState Bank, National Association 307 N Marietta Pkwy Marietta, GA 30060 Full Service B&M $214,014
    CenterState Bank, National Association 315 West Ponce De Leon Avenue, Ste 110 Decatur, GA 30030 Full Service B&M $19,961
    CenterState Bank, National Association 3240 Cardinal Dr Vero Beach, FL 32963 Full Service B&M $24,644
    CenterState Bank, National Association 3293 Hodges Boulevard Jacksonville, FL 32224 Full Service B&M $29,552
    CenterState Bank, National Association 3324 Canton Rd Marietta, GA 30066 Full Service B&M $72,985
    CenterState Bank, National Association 349 W. Oak Street Kissimmee, FL 34741 Full Service B&M $142,403
    CenterState Bank, National Association 350 N. State Road 19 Palatka, FL 32177 Full Service B&M $89,974
    CenterState Bank, National Association 3500 20th Ave Valley, AL 36854 Full Service B&M $65,511
    CenterState Bank, National Association 35320 U.S. Highway 19 North Palm Harbor, FL 34684 Full Service B&M $54,731
    CenterState Bank, National Association 3535 Sw 34th Street Gainesville, FL 32608 Full Service B&M $26,322
    CenterState Bank, National Association 3540 Us Highway 27 S Sebring, FL 33870 Full Service B&M $47,612
    CenterState Bank, National Association 3565 Piedmont Rd Ne Atlanta, GA 30305 Full Service B&M $207,900
    CenterState Bank, National Association 3596 Dallas Hwy Marietta, GA 30064 Full Service B&M $66,664
    CenterState Bank, National Association 36099 Us Highway 27 Haines City, FL 33844 Full Service B&M $86,215
    CenterState Bank, National Association 3615 S Clyde Morris Blvd Port Orange, FL 32129 Full Service B&M $96,396
    CenterState Bank, National Association 3670 Havendale Blvd Nw Winter Haven, FL 33881 Full Service B&M $33,379
    CenterState Bank, National Association 3741 S Nova Rd Port Orange, FL 32129 Full Service B&M $30,138
    CenterState Bank, National Association 3822 Edgewater Drive Orlando, FL 32804 Full Service B&M $74,705
    CenterState Bank, National Association 3919 West Newberry Road Gainesville, FL 32607 Full Service B&M $75,210
    CenterState Bank, National Association 3953 Lavista Road Tucker, GA 30084 Full Service B&M $70,326
    CenterState Bank, National Association 400 U S Highway 27 Avon Park, FL 33825 Full Service B&M $74,061
    CenterState Bank, National Association 408 S Macdill Ave Tampa, FL 33609 Full Service B&M $64,801
    CenterState Bank, National Association 410 8th Avenue West Palmetto, FL 34221 Full Service B&M $61,912
    CenterState Bank, National Association 4100 Nw 37th Place Gainesville, FL 32606 Full Service B&M $69,750
    CenterState Bank, National Association 4104 Hwy 90 Pace, FL 32571 Full Service B&M $44,299
    CenterState Bank, National Association 4144 Ashton Club Drive Lake Wales, FL 33859 Full Service B&M $29,518
    CenterState Bank, National Association 415 Meridian St N Huntsville, AL 35801 Full Service B&M $238,054
    CenterState Bank, National Association 420 W. First Street Sanford, FL 32771 Full Service B&M $32,192
    CenterState Bank, National Association 425 Us 17-92 Longwood, FL 32750 Full Service B&M $79,845
    CenterState Bank, National Association 42725 Us Hwy 27 Davenport, FL 33837 Full Service B&M $46,219
    CenterState Bank, National Association 45 N. Bridge Street, P.O. Box 1469 Labelle, FL 33935 Full Service B&M $33,398
    CenterState Bank, National Association 457 Magnolia Avenue Fairhope, AL 36532 Full Service B&M $70,385
    CenterState Bank, National Association 4600 Roswell Road Sandy Springs, GA 30342 Full Service B&M $352,804
    CenterState Bank, National Association 4719 S. Florida Avenue Lakeland, FL 33813 Full Service B&M $135,177
    CenterState Bank, National Association 4898 E. Irlo Bronson Memorial Hwy Saint Cloud, FL 34771 Full Service B&M $62,749
    CenterState Bank, National Association 4905 Nw Blichton Road Ocala, FL 34482 Full Service B&M $40,330
    CenterState Bank, National Association 4920 Bayou Blvd Pensacola, FL 32503 Full Service B&M $35,404
    CenterState Bank, National Association 5 Inverness Center Pkwy Birmingham, AL 35242 Full Service B&M $26,590
    CenterState Bank, National Association 500 N. Summit Street Crescent City, FL 32112 Full Service B&M $32,292
    CenterState Bank, National Association 500 S Florida Avenue, Suite 100 Lakeland, FL 33801 Full Service B&M $191,066
    CenterState Bank, National Association 5001 Okeechobee Rd Fort Pierce, FL 34947 Full Service B&M $117,501
    CenterState Bank, National Association 5100 Cortez Rd W Bradenton, FL 34210 Full Service B&M $50,877
    CenterState Bank, National Association 5448 Spalding Dr Bldg 100 Ste C Norcross, GA 30092 Full Service B&M $6,966
    CenterState Bank, National Association 555 S Davis Rd Lagrange, GA 30241 Full Service B&M $95,657
    CenterState Bank, National Association 5665 Normandy Blvd Jacksonville, FL 32205 Full Service B&M $46,809
    CenterState Bank, National Association 5770 North Wickham Road Palm Shores, FL 32940 Full Service B&M $77,536
    CenterState Bank, National Association 600 Luckie Dr Birmingham, AL 35223 Full Service B&M $453,072
    CenterState Bank, National Association 600 Third Ave West Point, GA 31833 Full Service B&M $72,867
    CenterState Bank, National Association 6000 Sandy Springs Circle Atlanta, GA 30328 Full Service B&M $57,320
    CenterState Bank, National Association 6204 N. Lockwood Ridge Road Sarasota, FL 34243 Full Service B&M $51,648
    CenterState Bank, National Association 6512 Caroline Street, S. W. Milton, FL 32570 Full Service B&M $86,812
    CenterState Bank, National Association 6622 Southpoint Dr S Ste 100 Jacksonville, FL 32216 Full Service Retail $36,795
    CenterState Bank, National Association 6736 Indiantown Road Jupiter, FL 33458 Full Service B&M $21,725
    CenterState Bank, National Association 6900 Cypress Gardens Blvd Winter Haven, FL 33884 Full Service B&M $14,318
    CenterState Bank, National Association 6930 Gall Blvd. Zephyrhills, FL 33542 Full Service B&M $53,653
    CenterState Bank, National Association 701 2nd Ave Opelika, AL 36801 Full Service B&M $53,012
    CenterState Bank, National Association 7077 Bonneval Road, Suite 110 Jacksonville, FL 32216 Full Service B&M $67,041
    CenterState Bank, National Association 7204 U.S. Highway 301 North Ellenton, FL 34222 Full Service B&M $30,474
    CenterState Bank, National Association 722 S Pine Avenue Ocala, FL 34471 Limited, Drive-thru $32,233
    CenterState Bank, National Association 7301 West Palmetto Park Road Boca Raton, FL 33433 Full Service B&M $93,754
    CenterState Bank, National Association 754 Peachtree St Ste 101 Atlanta, GA 30308 Full Service B&M $157,971
    CenterState Bank, National Association 763 E. 3rd Avenue New Smyrna Beach, FL 32169 Full Service B&M $25,791
    CenterState Bank, National Association 7722 Sr 544 East Winter Haven, FL 33881 Full Service B&M $76,322
    CenterState Bank, National Association 775 W Granada Blvd Ormond Beach, FL 32174 Full Service B&M $30,330
    CenterState Bank, National Association 7755 S.W. 65th Avenue Rd Ocala, FL 34476 Full Service B&M $59,021
    CenterState Bank, National Association 802 W Lumsden Rd Brandon, FL 33511 Full Service B&M $150,354
    CenterState Bank, National Association 8153 Highway 72 West Madison, AL 35758 Full Service B&M $34,609
    CenterState Bank, National Association 820 Dixie Street Carrollton, GA 30117 Full Service B&M $68,074
    CenterState Bank, National Association 850 Cypress Parkway Poinciana, FL 34759 Full Service B&M $32,777
    CenterState Bank, National Association 855 21st Street Vero Beach, FL 32960 Full Service B&M $99,842
    CenterState Bank, National Association 900 53rd Ave E Bradenton, FL 34203 Full Service B&M $26,169
    CenterState Bank, National Association 900 State Road 16 Saint Augustine, FL 32084 Full Service B&M $66,620
    CenterState Bank, National Association 901 E Las Olas Blvd, Suite 103 Fort Lauderdale, FL 33301 Full Service B&M $65,101
    CenterState Bank, National Association 901 Venetia Bay Blvd Venice, FL 34285 Full Service B&M $110,285
    CenterState Bank, National Association 903 W. North Blvd. Leesburg, FL 34748 Full Service B&M $36,665
    CenterState Bank, National Association 909 Se Fifth Avenue Delray Beach, FL 33483 Full Service B&M $114,700
    CenterState Bank, National Association 91390 Overseas Highway/Po Box 1425 Tavernier, FL 33070 Full Service B&M $54,734
    CenterState Bank, National Association 924 Us Alt 19 Palm Harbor, FL 34683 Full Service B&M $33,736
    CenterState Bank, National Association 977 West Broadway Oviedo, FL 32765 Full Service B&M $29,808
    CenterState Bank, National Association 9815 S Us Highway 1 Port Saint Lucie, FL 34952 Full Service B&M $171,246

    For 2019, South State Bank had 163 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $688,157
    Net interest income $592,713
    Total noninterest income $164,300
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $27,145
    Trading account gains and fees $99
    Additional Noninterest Income $137,056
    Pre-tax net operating income $302,328
    Securities gains (or losses, -) $93
    Income before extraordinary items $231,687
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $231,687
    Minority interest net income $1,201
    Net income $230,486
    Sale, conversion, retirement of capital stock, net $4,345
    Net operating income $231,613

    South State Bank's gross interest income from loans was $688,157,000.
    South State Bank's net interest income from loans was $592,713,000.
    South State Bank's fee based income from loans was $27,145,000.
    South State Bank's net income from loans was $230,486,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $95,444
    Provision for credit losses $10,585
    Total noninterest expense $444,100
    Salaries and employee benefits $259,093
    Premises and equipment expense $41,110
    Additional noninterest expense $143,897
    Applicable income taxes $70,734
    Net charge-offs $9,700
    Cash dividends $141,000

    South State Bank's interest expense for loans was $95,444,000.
    South State Bank's payroll and benefits expense were $259,093,000.
    South State Bank's property, plant and equipment expenses $41,110,000.

    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 $13,145,474
    Deposits held in domestic offices $13,145,474
    Deposits by Individuals, partnerships, and corporations $12,041,118
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $899,637
    Deposits by Commercial banks and other depository institutions in U.S. $204,719
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,427,760
    Demand deposits $845,014
    Nontransaction accounts $11,717,714
    Money market deposit accounts (MMDAs) $3,525,571
    Other savings deposits (excluding MMDAs) $5,935,589
    Total time deposits $2,256,554
    Total time and savings deposits $12,300,460
    Noninterest-bearing deposits $3,938,265
    Interest-bearing deposits $9,207,209
    Retail deposits $12,236,134
    IRAs and Keogh plan accounts $176,634
    Brokered deposits $323,392
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $17,136,249
    Cash & Balances due from depository institutions $467,928
    Interest-bearing balances $353,574
    Total securities $2,091,705
    Federal funds sold & reverse repurchase $21,879
    Net loans and leases $12,086,023
    Loan and leases loss allowance $40,652
    Trading account assets $278,055
    Bank premises and fixed assets $336,385
    Other real estate owned $5,092
    Goodwill and other intangibles $1,300,081
    All other assets $549,101

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $17,136,249
    Total Liabilities $14,169,209
    Total deposits $13,145,474
    Interest-bearing deposits $9,207,209
    Deposits held in domestic offices $13,145,474
    % insured (estimated) $65
    Federal funds purchased and repurchase agreements $472,334
    Trading liabilities $274,215
    Other borrowed funds $154,470
    Subordinated debt $0
    All other liabilities $122,716

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $12,086,023
    Loan and leases loss allowance $40,652
    Total loans and leases (domestic) $12,126,675
    All real estate loans $10,106,277
    Real estate loans in domestic offices $10,106,277
    Construction and development loans $1,047,226
    Residential 1-4 family construction $377,659
    Other construction, all land development and other land $669,567
    Loans secured by nonfarm nonresidential properties $6,073,484
    Nonfarm nonresidential secured by owner-occupied properties $2,507,359
    Commercial real estate & other non-farm, non-residential $3,566,125
    Multifamily residential real estate $218,452
    1-4 family residential loans $2,669,402
    Farmland loans $97,713
    Loans held in foreign offices $0
    Farm loans $8,517
    Commercial and industrial loans $1,221,144
    To non-U.S. addressees $59
    Loans to individuals $251,924
    Credit card loans $0
    Related Plans $23,779
    Consumer Auto Loans $29,540
    Other loans to individuals $198,605
    All other loans & leases $538,813
    Loans to foreign governments and official institutions $0
    Other loans $148,071
    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 $64,289
    Restructured Loans & leases $3,751
    Non 1-4 family restructured loans & leases $1,664
    Total loans and leases (foreign) $0

    South State Bank had $12,086,023,000 of loans outstanding in 2019. $10,106,277,000 of loans were in real estate loans. $1,047,226,000 of loans were in development loans. $218,452,000 of loans were in multifamily mortgage loans. $2,669,402,000 of loans were in 1-4 family mortgage loans. $8,517,000 of loans were in farm loans. $0 of loans were in credit card loans. $29,540,000 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 6,448 $1,871,158 $290,192
    Nonfarm, nonresidential loans - <$100k 711 $44,784 $62,987
    Nonfarm, nonresidential loans - $100-250k 1,879 $251,190 $133,683
    Nonfarm, nonresidential loans - $250k-1MM 3,858 $1,575,184 $408,290
    Commercial & Industrial, US addressed loans - <$1MM 8,035 $653,340 $81,312
    Commercial & Industrial, US addressed loans - <$100k 4,775 $139,741 $29,265
    Commercial & Industrial, US addressed loans - $100-250k 1,887 $172,461 $91,394
    Commercial & Industrial, US addressed loans - $250k-1MM 1,373 $341,138 $248,462
    Farmland loans - <$1MM 216 $34,964 $161,870
    Farmland loans - <$100k 39 $1,821 $46,692
    Farmland loans - $100-250k 95 $12,979 $136,621
    Farmland loans - $250k-1MM 82 $20,164 $245,902
    Agriculture operations loans - <$1MM 67 $6,338 $94,597
    Agriculture operations loans - <$100k 34 $1,118 $32,882
    Agriculture operations loans - $100-250k 25 $3,054 $122,160
    Agriculture operations loans - $250k-1MM 8 $2,166 $270,750