SouthState SSB Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

First Community CorporationFCCO

$32.01M+2.7%

Southern First BancsharesSFST

$56.68M+3.3%

Southside BancsharesSBSI

$146.26M+5.4%

Stock Yards BancorpSYBT

$92.52M+2.8%

Citizens Financial Services, Inc.CZFS

$74.47M+46.7%

SBC

Seacoast Banking Corporation of FloridaSBCF

$335.78M+7.3%

FAQ

What is SouthState's bank owned life insurance?

SouthState (SSB) reported bank owned life insurance of $1.31B in Q2 2026.

How has SouthState's bank owned life insurance changed year-over-year?

SouthState's bank owned life insurance increased by 2.4% year-over-year, from $1.28B to $1.31B.

What is the long-term trend for SouthState's bank owned life insurance?

Over 5 years (2020 to 2025), SouthState's bank owned life insurance has grown at a 18.3% compound annual growth rate (CAGR), from $559.37M to $1.29B.

What does bank owned life insurance mean?

The cash surrender value of life insurance policies purchased by the bank on the lives of key employees or officers. The bank is the beneficiary, and the growth in cash value is generally tax-advantaged.