secwatch.observer — SEC 8-K summary
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Issuer:     SouthState Bank Corp (SSB)
CIK:        0000764038
Form:       8-K/A
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001558370-25-002235
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SouthState completes acquisition of Independent Bank Group; pro forma total assets $64.5B, net income $585.5M
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- Acquisition closed Jan 1, 2025; combined pro forma total assets $64.5B as of Dec 31, 2024.
- Pro forma 2024 net income $585.5M; diluted EPS $5.80 vs. SouthState standalone $6.97.
- Goodwill recorded $3.09B; core deposit and other intangibles $422M.
- Pro forma loans net $46.4B; allowance for credit losses $598M.
- Audited financials of Independent (2022-2024) and pro forma combined statements furnished.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764038/000155837025002235/0001558370-25-002235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764038/000155837025002235/ssb-20250102x8ka.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-002235

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