Southern States Bancshares Inc Net Asset Quality Index
Southern States Bancshares Inc net asset quality index. Southern States Bancshares Inc (SSBK) has a Net Asset Quality Index of 10.2% as of March 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.85 Billion minus total liabilities of $2.56 Billion yields net assets of $290.18 Million. A higher index indicates a stronger, lower-leverage balance sheet. See shareholders equity of Southern States Bancshares Inc for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Southern States Bancshares Inc (2018–2024)
Net asset quality index of Southern States Bancshares Inc from 2018 to 2024. This chart shows how Southern States Bancshares Inc's Net Asset Quality Index has evolved across 7 annual periods from 2018 to 2024. As of March 2025, the index stands at 10.2%, representing net assets of $290.18 Million against total assets of $2.85 Billion USD. Check Southern States Bancshares Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Southern States Bancshares Inc Net Asset Quality Index by Year (2018–2024)
Southern States Bancshares Inc net asset quality index by year from 2018 to 2024. The table below presents the year-by-year Net Asset Quality Index for Southern States Bancshares Inc from 2018 to 2024, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market cap of Southern States Bancshares Inc.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 9.8% | $279.89 Million | $2.85 Billion | $2.57 Billion | ▲ +1.0 pp |
| 2023 | 8.8% | $214.96 Million | $2.45 Billion | $2.23 Billion | ▼ -0.1 pp |
| 2022 | 8.9% | $181.72 Million | $2.04 Billion | $1.86 Billion | ▼ -1.1 pp |
| 2021 | 9.9% | $177.20 Million | $1.78 Billion | $1.61 Billion | ▼ -0.6 pp |
| 2020 | 10.6% | $140.66 Million | $1.33 Billion | $1.19 Billion | ▼ -1.0 pp |
| 2019 | 11.6% | $126.64 Million | $1.10 Billion | $968.85 Million | ▲ +0.8 pp |
| 2018 | 10.8% | $95.47 Million | $888.13 Million | $792.65 Million | — |