SouthState SSB Provision for Credit Losses

Provision for Credit Losses at other companies

Truist FinancialTFC

$395M-19.1%

First Community CorporationFCCO

$193K-55.8%

Southern First BancsharesSFST

$1.03M+46.4%

Regions FinancialRF

$68M-46.0%

International BancsharesIBOC

$11.11M+153%

Southside BancsharesSBSI

$83K-86.7%

FAQ

What is SouthState's provision for credit losses?

SouthState (SSB) reported provision for credit losses of $15.92M in Q2 2026.

How has SouthState's provision for credit losses changed year-over-year?

SouthState's provision for credit losses increased by 214.4% year-over-year, from $5.06M to $15.92M.

What is the long-term trend for SouthState's provision for credit losses?

Over 3 years (2021 to 2025), SouthState's provision for credit losses has grown at a -9.3% compound annual growth rate (CAGR), from -$160.43M to $119.76M.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.