# SouthState Corp

Summary updated: 2026-10-02T14:03:25.574748Z
Canonical: https://finbar.com/research/companies/southstate-corp

## Overview

SouthState Corp is a U.S. financial holding company whose core business is regional community banking through SouthState Bank, N.A. It serves consumer and business customers and also provides correspondent banking, capital-markets, investment and receivables services. Its branch network spans Florida, South Carolina, Texas, Georgia, Colorado, North Carolina, Alabama and Virginia; some correspondent and securities services reach clients nationally. [1](https://app.finbar.com/go?id=P82766445)[2](https://app.finbar.com/go?id=P39565807)[3](https://app.finbar.com/go?id=P41427260)

SouthState describes its greater purpose as improving the communities it serves. [4](https://www.southstatebank.com/global/about/corporate-stewardship) For FY2025, it reported $2.303 billion in net interest income and $377.744 million in noninterest income. [5](https://app.finbar.com/go?id=T2507669) Its current company website reports more than 6,000 team members. [6](https://www.southstatebank.com/global/about)
[1](https://app.finbar.com/go?id=P82766445)[2](https://app.finbar.com/go?id=P39565807)[3](https://app.finbar.com/go?id=P41427260)[5](https://app.finbar.com/go?id=T2507669)[5](https://app.finbar.com/go?id=T2507669)[4](https://www.southstatebank.com/global/about/corporate-stewardship)[6](https://www.southstatebank.com/global/about)

## Products & services

SouthState offers personal banking products including checking and savings accounts, money-market and health-savings accounts, certificates of deposit, credit cards, personal loans, home-equity loans and home-equity lines of credit, alongside digital banking services. [7](https://www.southstatebank.com/personal/bank) [8](https://www.southstatebank.com/personal/bank/savings) [9](https://www.southstatebank.com/personal/borrow/personal-loans) [10](https://www.southstatebank.com/personal/borrow/home-equity-loans) Its commercial and treasury services include financing, ACH and wire payments, purchasing cards, check disbursement and imaging, remote deposit, lockbox, cash-vault and merchant services, and sweep accounts. Treasury Navigator® provides account balances and transaction reporting, transfers, statements and check images, alerts, bill pay, remote deposit capture, Positive Pay, custom reporting and fraud-mitigation tools. [11](https://www.southstatebank.com/commercial) [12](https://www.southstatebank.com/commercial/treasury-management) [13](https://www.southstatebank.com/commercial/treasury-management/treasury-navigator)

Wealth offerings include financial planning, retirement and income strategies, investment management, private wealth and trust services. SouthState also provides correspondent banking and capital-markets services to community financial institutions, credit unions and money managers, including fixed-income security sales, hedging, loan brokerage and consulting; SouthState Securities is a full-service registered broker-dealer. Corporate Billing offers transportation and automotive parts and service businesses factoring, invoicing, collections and accounts-receivable management. [14](https://www.southstatebank.com/wealth) [3](https://app.finbar.com/go?id=P41427260)

In its 2025 Form 10-K, SouthState reported that non-acquired non-owner-occupied real estate loans were $11.8 billion, or 24.3% of the total loan portfolio, and consumer real estate loans were $8.9 billion, or 18.2%, at December 31, 2025. These figures represent loan balances, not revenue shares; the filing does not provide product-level revenue percentages. [15](https://app.finbar.com/go?id=P47641131) [16](https://app.finbar.com/go?id=P64555157)
[3](https://app.finbar.com/go?id=P41427260)[15](https://app.finbar.com/go?id=P47641131)[16](https://app.finbar.com/go?id=P64555157)[7](https://www.southstatebank.com/personal/bank)[8](https://www.southstatebank.com/personal/bank/savings)[9](https://www.southstatebank.com/personal/borrow/personal-loans)[10](https://www.southstatebank.com/personal/borrow/home-equity-loans)[11](https://www.southstatebank.com/commercial)[12](https://www.southstatebank.com/commercial/treasury-management)[13](https://www.southstatebank.com/commercial/treasury-management/treasury-navigator)[14](https://www.southstatebank.com/wealth)

## Geographic presence

As of June 30, 2026, SouthState’s bank operated across eight states: Alabama, Colorado, Florida, Georgia, North Carolina, South Carolina, Texas, and Virginia. The company reported approximately $68.9 billion in assets and 6,431 full-time-equivalent employees at that date. [17](https://app.finbar.com/go?id=P145307820) Its official directory lists branches and ATMs in those eight states; a company page describes a network of more than 340 branches and ATMs. [18](https://www.southstatebank.com/global/locations)[19](https://www.southstatebank.com/commercial/welcome-independent-financial)

At year-end 2025, SouthState reported 6,190 full-time and 203 part-time team members. The largest employee concentrations were Florida (26.07%) and South Carolina (25.54%), followed by Texas (13.79%), Georgia (13.51%), North Carolina (5.89%), Colorado (5.72%), Alabama (4.96%), and Virginia (1.50%). The company reported that all team members lived in the United States. [20](https://app.finbar.com/go?id=P11538901)

The company’s principal branch, mortgage, wealth-management, and operations facilities were in its eight-state footprint, with additional facilities in Tennessee. Its headquarters was in Winter Haven, Florida. Correspondent banking and capital-markets personnel were mainly in Georgia, Alabama, Tennessee, and California, with additional offices in several footprint states; SouthState Securities was headquartered in Memphis, Tennessee. These businesses also served clients nationally. [21](https://app.finbar.com/go?id=P53578941)[3](https://app.finbar.com/go?id=P41427260) Lending activity was primarily across the eight-state bank footprint, and in Q2 2026, 93% of commercial non-owner-occupied loans and about 95% of office loans were within that footprint. [22](https://app.finbar.com/go?id=P14391930)[23](https://app.finbar.com/go?id=P145307964)
[17](https://app.finbar.com/go?id=P145307820)[18](https://www.southstatebank.com/global/locations)[19](https://www.southstatebank.com/commercial/welcome-independent-financial)[20](https://app.finbar.com/go?id=P11538901)[21](https://app.finbar.com/go?id=P53578941)[3](https://app.finbar.com/go?id=P41427260)[22](https://app.finbar.com/go?id=P14391930)[23](https://app.finbar.com/go?id=P145307964)[18](https://www.southstatebank.com/global/locations)[19](https://www.southstatebank.com/commercial/welcome-independent-financial)

## Business segments

SouthState reports one operating segment, the General Banking Unit, reflecting company-wide management and evaluation of its banking and finance operations. In FY2025, the unit accounted for approximately 100% of consolidated net income: $798.7 million, equal to consolidated net income. [24](https://app.finbar.com/go?id=P111282270)[25](https://app.finbar.com/go?id=T12667935) The company does not report separate financial contribution percentages for its operating lines. [24](https://app.finbar.com/go?id=P111282270)

The General Banking Unit includes commercial and consumer banking, offering lending, deposit and treasury-management services to businesses and consumers. [26](https://app.finbar.com/go?id=P51724934) Mortgage banking originates single-family home loans for sale in the secondary market or retention in portfolio, and services portfolio loans and most sold loans. [27](https://app.finbar.com/go?id=P71229557) Wealth management provides fiduciary and private banking, financial planning, retirement, trust and investment-management services. [28](https://app.finbar.com/go?id=P97029650) Correspondent banking and capital-markets activities serve community financial institutions, credit unions and money managers, including fixed-income sales, hedging, loan brokerage and consulting, as well as correspondent deposits and related processing services. [3](https://app.finbar.com/go?id=P41427260)[29](https://app.finbar.com/go?id=P37741257) Corporate Billing also provides factoring, invoicing, collections and accounts-receivable management. [3](https://app.finbar.com/go?id=P41427260)
[24](https://app.finbar.com/go?id=P111282270)[25](https://app.finbar.com/go?id=T12667935)[26](https://app.finbar.com/go?id=P51724934)[27](https://app.finbar.com/go?id=P71229557)[28](https://app.finbar.com/go?id=P97029650)[3](https://app.finbar.com/go?id=P41427260)[29](https://app.finbar.com/go?id=P37741257)

## Company history

SouthState’s corporate history includes roots in South Carolina banking: First Federal Savings and Loan Association of Charleston, a predecessor through First Financial Holdings, was founded in 1934. In 2002, First National Bank changed its name to South Carolina Bank & Trust, and in 2004 its parent became SCBT Financial Corporation. [30](https://banks.data.fdic.gov/bankfind-suite/bankfind/details/28994)[31](https://www.occ.gov/static/cra/craeval/jun04/13918.pdf)[32](https://www.sec.gov/Archives/edgar/data/764038/000115752304001660/a4576649_ex991.txt) In 2013, SCBT Financial merged with First Financial Holdings; the following year, the company adopted the name South State Corporation and its bank became South State Bank. [33](https://www.sec.gov/Archives/edgar/data/764038/000110465913057376/a13-17238_18k.htm)[34](https://www.sec.gov/Archives/edgar/data/764038/000110465914047630/a14-15604_1ex99d1.htm)

The company expanded through acquisitions including Southeastern Bank Financial and Park Sterling in 2017, followed by a 2020 merger of equals with Florida-based CenterState Bank. CenterState’s John C. Corbett became CEO of the combined company, and South State’s Robert R. Hill Jr. became executive chairman. [35](https://southstatecorporation.q4ir.com/news/mergers-and-acquisitions/default.aspx)[36](https://www.businesswire.com/news/home/20200127005197/en/South-State-and-CenterState-to-Combine-in-Merger-of-Equals-to-Create-Leading-Southeast-Regional-Bank) SouthState completed its acquisition of Atlantic Capital Bank in 2022 and merged with Independent Bank Group on January 1, 2025, expanding into Texas and Colorado. In 2025, the corporation redomiciled from South Carolina to Florida through a merger into a wholly owned subsidiary. [37](https://www.southstatebank.com/global/about/stories-and-insights/southstate-closes-merger-with-atlantic-capital-bank)[38](https://app.finbar.com/go?id=P26588920)[39](https://www.southstatebank.com/global/about/stories-and-insights/southstate-closes-merger-with-independent-financial)[1](https://app.finbar.com/go?id=P82766445)
[38](https://app.finbar.com/go?id=P26588920)[1](https://app.finbar.com/go?id=P82766445)[30](https://banks.data.fdic.gov/bankfind-suite/bankfind/details/28994)[31](https://www.occ.gov/static/cra/craeval/jun04/13918.pdf)[32](https://www.sec.gov/Archives/edgar/data/764038/000115752304001660/a4576649_ex991.txt)[33](https://www.sec.gov/Archives/edgar/data/764038/000110465913057376/a13-17238_18k.htm)[34](https://www.sec.gov/Archives/edgar/data/764038/000110465914047630/a14-15604_1ex99d1.htm)[35](https://southstatecorporation.q4ir.com/news/mergers-and-acquisitions/default.aspx)[36](https://www.businesswire.com/news/home/20200127005197/en/South-State-and-CenterState-to-Combine-in-Merger-of-Equals-to-Create-Leading-Southeast-Regional-Bank)[37](https://www.southstatebank.com/global/about/stories-and-insights/southstate-closes-merger-with-atlantic-capital-bank)[39](https://www.southstatebank.com/global/about/stories-and-insights/southstate-closes-merger-with-independent-financial)

## Sources

1. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P82766445)
2. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P39565807)
3. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P41427260)
4. [www.southstatebank.com](https://www.southstatebank.com/global/about/corporate-stewardship)
5. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T2507669)
6. [www.southstatebank.com](https://www.southstatebank.com/global/about)
7. [www.southstatebank.com](https://www.southstatebank.com/personal/bank)
8. [www.southstatebank.com](https://www.southstatebank.com/personal/bank/savings)
9. [www.southstatebank.com](https://www.southstatebank.com/personal/borrow/personal-loans)
10. [www.southstatebank.com](https://www.southstatebank.com/personal/borrow/home-equity-loans)
11. [www.southstatebank.com](https://www.southstatebank.com/commercial)
12. [www.southstatebank.com](https://www.southstatebank.com/commercial/treasury-management)
13. [www.southstatebank.com](https://www.southstatebank.com/commercial/treasury-management/treasury-navigator)
14. [www.southstatebank.com](https://www.southstatebank.com/wealth)
15. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P47641131)
16. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P64555157)
17. [SouthState Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145307820)
18. [www.southstatebank.com](https://www.southstatebank.com/global/locations)
19. [www.southstatebank.com](https://www.southstatebank.com/commercial/welcome-independent-financial)
20. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P11538901)
21. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P53578941)
22. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P14391930)
23. [SouthState Corp — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P145307964)
24. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P111282270)
25. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=T12667935)
26. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P51724934)
27. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P71229557)
28. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P97029650)
29. [SouthState Corp — Full financial report (2025 Y)](https://app.finbar.com/go?id=P37741257)
30. [banks.data.fdic.gov](https://banks.data.fdic.gov/bankfind-suite/bankfind/details/28994)
31. [www.occ.gov](https://www.occ.gov/static/cra/craeval/jun04/13918.pdf)
32. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/764038/000115752304001660/a4576649_ex991.txt)
33. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/764038/000110465913057376/a13-17238_18k.htm)
34. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/764038/000110465914047630/a14-15604_1ex99d1.htm)
35. [southstatecorporation.q4ir.com](https://southstatecorporation.q4ir.com/news/mergers-and-acquisitions/default.aspx)
36. [www.businesswire.com](https://www.businesswire.com/news/home/20200127005197/en/South-State-and-CenterState-to-Combine-in-Merger-of-Equals-to-Create-Leading-Southeast-Regional-Bank)
37. [www.southstatebank.com](https://www.southstatebank.com/global/about/stories-and-insights/southstate-closes-merger-with-atlantic-capital-bank)
38. [SouthState Corp — Full financial report (2024 Y)](https://app.finbar.com/go?id=P26588920)
39. [www.southstatebank.com](https://www.southstatebank.com/global/about/stories-and-insights/southstate-closes-merger-with-independent-financial)

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