SouthState Bank Corp reported financial results for three-month period ended March 31, 2026.
“On April 23, 2026, SouthState Bank Corporation (“SouthState” or the “Company”) issued a press release announcing its financial results for the three-month period ended March 31, 2026, along with certain other financial information.”
Debt Financings
SouthState Bank Corp incurred senior notes of $350,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 7.000% Fixed-to-Floating Rate maturing 2035.
“of this Current Report on Form 8-K and are hereby incorporated by reference into this Item 2.03. I tem 8.01 Other Events Pursuant to the previously announced offering of $350,000,000 aggregate principal amount of 7.000% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”) to be issued by SouthState Corporation (the “Company”), the Company and U.S.”
Janet Froetscher was appointed as Director at SouthState Bank Corp.
“the board of directors of the Company (the “Board”) unanimously approved the appointments of David R. Brooks, the current Chairman and Chief Executive Officer of IBTX, G. Stacy Smith, the current Lead Independent Director of IBTX, and Janet Froetscher (collectively the “IBTX Directors”) to the Board (as well as the board of directors of SouthState Bank), effective as of the Effective Time in accordance with the terms of the Merger Agreement.”
G. Stacy Smith was appointed as Director at SouthState Bank Corp.
“the board of directors of the Company (the “Board”) unanimously approved the appointments of David R. Brooks, the current Chairman and Chief Executive Officer of IBTX, G. Stacy Smith, the current Lead Independent Director of IBTX, and Janet Froetscher (collectively the “IBTX Directors”) to the Board (as well as the board of directors of SouthState Bank), effective as of the Effective Time in accordance with the terms of the Merger Agreement.”
David R. Brooks was appointed as Director at SouthState Bank Corp.
“the board of directors of the Company (the “Board”) unanimously approved the appointments of David R. Brooks, the current Chairman and Chief Executive Officer of IBTX, G. Stacy Smith, the current Lead Independent Director of IBTX, and Janet Froetscher (collectively the “IBTX Directors”) to the Board (as well as the board of directors of SouthState Bank), effective as of the Effective Time in accordance with the terms of the Merger Agreement.”
Merriann Metz was appointed as director at SouthState Bank Corp.
“On July 24, 2024, at a regularly scheduled quarterly meeting of the Board of Directors (the “Board”) of SouthState Corporation (the “Company”), the Board unanimously approved increasing the board size from 11 to 12 members and appointed Merriann Metz, age 49, to fill the new Board seat.”
Material Agreements
SouthState Bank Corp entered into Agreement and Plan of Merger with Independent Bank Group, Inc. (effective 2024-05-17).
“On May 17, 2024, SouthState Corporation, a South Carolina corporation (“SouthState”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Independent Bank Group, Inc., a Texas corporation (“IBTX”).”
David Brooks was appointed as member of the board of directors at SouthState Bank Corp.
“SouthState entered into a transition agreement with Mr. David Brooks setting forth the terms of his service as a member of the board of directors of SouthState for a period from the effective time of the Merger until the date of SouthState’s annual meeting of shareholders expected to be held in April 2027”
Earnings Releases
SouthState Bank Corp reported financial results for the three-month period ended March 31, 2024.
“On April 25, 2024, SouthState Corporation (“SouthState” or the “Company”) issued a press release announcing its financial results for the three-month period ended March 31, 2024, along with certain other financial information.”
Shareholder Votes
SouthState Bank Corp shareholders approved Appointment of Independent Registered Public Accounting Firm at the 2024-04-24 meeting.
“Proposal 4 : Appointment of Independent Registered Public Accounting Firm. The shareholders voted to ratify, as an advisory, non-binding vote, the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. The results of the vote were as follows: Voting For 69,237,331 Voting Against 265,843 Abstain from Voting 126,403 Non-Votes —”
Shareholder Votes
SouthState Bank Corp shareholders approved Amended and Restated 2020 Omnibus Incentive Plan at the 2024-04-24 meeting.
“Proposal 3 : Amended and Restated 2020 Omnibus Incentive Plan. The shareholders voted to approve the Amended and Restated 2020 Omnibus Incentive Plan, as disclosed in the proxy statement. The results of the vote were as follows: Voting For 59,486,109 Voting Against 2,887,808 Abstain from Voting 121,531 Non-Votes 7,134,129”
Shareholder Votes
SouthState Bank Corp shareholders approved Compensation of Named Executive Officers at the 2024-04-24 meeting.
“Proposal 2: Compensation of Named Executive Officer s. The shareholders voted to approve the non-binding advisory proposal on the compensation of the Company’s Named Executive Officers, as disclosed in the proxy statement. The results of the vote were as follows: Voting For 53,860,190 Voting Against 8,461,810 Abstain from Voting 173,448 Non-Votes 7,134,129”
Shareholder Votes
SouthState Bank Corp shareholders approved Election of Directors at the 2024-04-24 meeting.
“Proposal No. 1: Election of Directors. The following directors were elected to serve until the annual meeting of shareholders in 2025 or until their successors are duly designated and qualified. Each nominee was an incumbent director, no other person was nominated, and each nominee was elected. The number of votes cast was approximately as follows: Nominees for Director Votes For Votes Withheld/Abstained Broker Non-Votes Ronald M. Cofield, Sr. 62,257,867 237,581 7,134,129 Shantella E. Cooper 60,126,558 2,368,890 7,134,129 John C. Corbett 62,232,662 262,786 7,134,129 Jean E. Davis 60,133,126 2,362,322 7,134,129 Martin B. Davis 62,234,938 260,510 7,134,129 Douglas J. Hertz 61,994,678 500,770 7,134,129 G. Ruffner Page, Jr. 62,242,462 252,986 7,134,129 William Knox Pou, Jr. 54,649,116 7,846,332 7,134,129 James W. Roquemore 62,257,836 237,612 7,134,129 David G. Salyers 62,198,181 297,267 7,134,129 Joshua A. Snively 60,313,889 2,181,559 7,134,129”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.