{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-017245","form_type":"8-K","ticker":null,"cik":"0001689731","company_name":"Southern States Bancshares, Inc.","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.592426+00:00","generated_at":"2026-06-03T12:03:24.076624+00:00","sec_items":["7.01","2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Southern States Bancshares Q1 net income $8.1M, EPS $0.90; loan growth 17.2% annualized","bullets":["Net income $8.1M ($0.90 diluted EPS); core net income also $8.1M ($0.90).","Net interest income $20.8M, up $435K QoQ; NIM 3.59%, down 10 bps from prior quarter.","Linked-quarter loan growth 17.2% annualized; total deposit growth 18.3% annualized (ex-brokered 7.1%).","ROAA 1.33%, ROAE 14.87%, ROATCE 16.17%; efficiency ratio 46.90%.","Core ROAA 1.34%, core ROATCE 16.19%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-017245","json":"https://secwatch.observer/filing/0001628280-24-017245.json","markdown":"https://secwatch.observer/filing/0001628280-24-017245.md","text":"https://secwatch.observer/filing/0001628280-24-017245.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1689731/000162828024017245/0001628280-24-017245-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1689731/000162828024017245/ssbk-20240422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T12:03:24.076624+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"71ffa5af9ede7d355a3a4aff13492b4df786338b","claim":"Southern States Bancshares, Inc. reported First Quarter 2024 results: net income $8.1 million, EPS $0.90 per diluted share.","evidence_excerpt":"Southern States Bancshares, Inc. Announces First Quarter 2024 Financial Results","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1689731/000162828024017245/0001628280-24-017245-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First Quarter 2024"},{"label":"Net income","value":"$8.1 million"},{"label":"EPS","value":"$0.90 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}