For the quarter ending 2026-03-31, SSB had -$305,401K decrease in cash & cash equivalents over the period. $282,956K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 225,820 | 247,722 | 246,641 | 304,304 |
| Depreciation and amortization | 38,623 | 41,446 | 41,148 | 75,001 |
| (gains) losses on sale of securities, net | - | 0 | 0 | -228,811 |
| Provision for credit losses | 10,808 | 6,605 | 5,085 | 108,067 |
| Deferred income taxes | 24,707 | 15,044 | 18,875 | 83,833 |
| Share-based compensation expense | 9,344 | 8,561 | 9,535 | 18,909 |
| Accretion of discount related to acquired loans | 38,786 | 50,327 | 82,976 | 125,305 |
| Losses (gains) on disposal of premises and equipment | -212 | -260 | -3 | 115 |
| Impairment of lease right of use asset | - | 4,413 | - | - |
| Gains on sale of bank properties held for sale and repossessed real estate | 295 | 10,722 | 4,402 | 229,810 |
| Net amortization of premiums and discounts on investment securities | -2,599 | -2,850 | -2,749 | -5,437 |
| Bank properties held for sale and repossessed real estate write downs | 3,896 | 390 | 5,077 | 266 |
| Premises and equipment write downs | - | 1,210 | - | - |
| Proceeds from sales of loans held for sale | - | - | 254,758 | 658,553 |
| Fair value adjustment for loans held for sale | 1,125 | 455 | 610 | 433 |
| Originations and purchases of loans held for sale | 537,890 | 433,751 | 431,831 | 1,235,565 |
| Proceeds from sales of loans held for sale | 245,565 | 1,171,734 | - | - |
| Gains on sales of loans held for sale | 3,569 | 4,812 | 5,201 | 11,462 |
| Increase in cash surrender value of boli | 9,450 | 9,180 | 9,181 | 17,527 |
| Accrued interest receivable | 6,612 | -2,256 | 7,967 | 3,830 |
| Prepaid assets | -2,126 | -1,702 | 1,917 | -6,992 |
| Operating leases | 2,100 | 2,743 | 1,849 | 2,817 |
| Bank owned life insurance | 50 | 482 | 1,961 | 1,427 |
| Trading securities | -278,411 | -183,795 | -127,496 | -514,762 |
| Derivative assets | -31,553 | -3,473 | 11,461 | 46,679 |
| Miscellaneous other assets | 28,311 | 14,049 | 43,499 | -16,915 |
| Accrued interest payable | -2,224 | 1,184 | -4,342 | -26,808 |
| Accrued income taxes | -12,945 | 4,347 | -629 | -64,074 |
| Derivative liabilities | 7,658 | -6,960 | -50,577 | -275,258 |
| Miscellaneous other liabilities | 54,602 | -24,541 | 64,560 | -40,891 |
| Net cash provided by (used in) operating activities | 299,017 | 232,055 | 122,442 | -53,651 |
| Proceeds from sales of investment securities available for sale | - | 0 | 0 | 2,874,110 |
| Proceeds from maturities and calls of investment securities held to maturity | 39,888 | 47,601 | 48,168 | 106,692 |
| Net cash received from acquisitions | - | 0 | 0 | 1,040,765 |
| Proceeds from maturities and calls of investment securities available for sale | 1,691,029 | 1,588,095 | 1,579,251 | 674,993 |
| Net cash paid for acquisition of customer list | - | 0 | 0 | 279 |
| Proceeds from sales and redemptions of other investment securities | 1,942 | 141 | 4 | 45,302 |
| Purchases of investment securities available for sale | 1,965,340 | 1,818,112 | 1,622,516 | 3,503,942 |
| Purchases of other investment securities | 17 | -11 | 17 | 117,363 |
| Net (increase) decrease in loans | 899,010 | 900,090 | 361,048 | 209,675 |
| Recoveries of loans previously charged off | 3,921 | 3,890 | 5,408 | 7,700 |
| Purchases of premises and equipment | 16,061 | 16,602 | 20,720 | 32,933 |
| Proceeds from redemption and payout of bank owned life insurance policies | 692 | 1,621 | 6,242 | 3,532 |
| Proceeds from sale of bank properties held for sale and repossessed real estate | 4,216 | 34,080 | 90,749 | 464,751 |
| Proceeds from sale of premises and equipment | 34 | 0 | 25 | 972 |
| Net cash (used in) provided by investing activities | -1,138,706 | -1,059,365 | -274,454 | 1,354,625 |
| Net increase in deposits | 729,745 | 1,072,147 | 376,025 | 430,633 |
| Net increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings | 25,171 | 24,123 | -36,466 | 115,646 |
| Proceeds from borrowings | - | 0 | 83 | 1,045,039 |
| Repayment of borrowings | - | 0 | 405,000 | 700,000 |
| Common stock issuance | 1,395 | 2,429 | 1,258 | 1,330 |
| Common stock repurchases | 160,436 | 181,517 | 43,030 | 11,273 |
| Dividends paid | 60,097 | 60,012 | 60,648 | 110,643 |
| Excess tax paid on repurchases of corporate stock | 1,795 | 1,832 | - | - |
| Stock options exercised | 305 | 0 | 139 | 333 |
| Net cash provided by financing activities | 534,288 | 855,338 | -167,639 | 771,065 |
| Net (decrease) increase in cash and cash equivalents | -305,401 | 28,028 | -319,651 | 2,072,039 |
| Cash and cash equivalents at beginning of period | 3,172,483 | 3,144,455 | 1,392,067 | - |
| Cash and cash equivalents at end of period | 2,867,082 | 3,172,483 | 3,144,455 | - |
SouthState Bank Corp (SSB)
SouthState Bank Corp (SSB)