South State (NASDAQ: SSB) — Company Overview, News & Financial Data
South State Bank offers a range of financial services, focusing on community relationships and tailored solutions for diverse clients.
South State
South State is a financial services holding company headquartered in Winter Haven, Florida. Operating primarily through its nationally chartered bank subsidiary, SouthState Bank, N.A., the company provides a comprehensive suite of banking and financial solutions to more than 1.8 million individual, commercial, and institutional clients. Its operations span across a southeastern and sunbelt footprint that includes Florida, Texas, South Carolina, North Carolina, Georgia, Colorado, Alabama, Virginia, and Tennessee. In addition to regional retail and commercial banking, the organization delivers mortgage banking, wealth management, and correspondent banking services to financial institutions across the United States.
Snapshot
Operations
Products and/or services of South State
- Commercial Banking: Delivers commercial lending, treasury management, equipment financing, and real estate loans to mid-sized corporations and small businesses across Florida, Texas, Georgia, Colorado, Alabama, Virginia, Tennessee, and the Carolinas.
- Consumer Banking: Provides retail checking and savings accounts, deposit products, personal lines of credit, auto loans, and credit card services to individual customers through a physical branch footprint and online banking tools.
- Mortgage Banking: Offers residential mortgage loans, home refinancing products, and home equity lines of credit, originating consumer home loans through dedicated mortgage professionals and selling qualified residential mortgages into secondary markets.
- Wealth Management: Delivers private banking, trust administration, investment management, fiduciary advisory, and financial planning services tailored for high-net-worth individuals, family offices, institutions, and business owners throughout its primary regional market area.
- Correspondent Banking: Supplies fixed income sales, capital markets advisory, derivative hedging, interest rate risk management, and transaction clearing services to community financial institutions and independent regional banks located across the United States.
- Treasury & Payment Solutions: Provides merchant services, automated clearing house processing, online cash flow management tools, corporate purchasing cards, and secure electronic payment processing systems for commercial customers and municipal institutions.
South State executive team
- Mr. John C. CorbettCEO & Director
- Mr. Richard Murray IVPresident & Chief Banking Officer
- Mr. William E. Matthews VSenior Executive VP & CFO
- Ms. Renee R. BrooksChief Operating Officer
- Mr. Stephen Dean YoungSenior Executive VP & Chief Strategy Officer
- Ms. Sara G. AranaSenior VP & Chief Accounting Officer
- Ms. Beth S. DeSimoneChief Risk Officer, General Counsel & Corporate Secretary
- Mr. John C. PollokSenior Executive Vice President
- Mr. Jonathan S. KivettChief Credit Officer of Central & Northern Banking Group
- Ms. V. Nicole ComerSenior VP & Deputy General Counsel