Southern States reports Q2 core EPS $1.00 vs 79c last year

Reports Q2 book value per share $25.88. Reports CET1 ratio 9.54%. Mark Chambers, Chief Executive Officer and President of Southern States said, “We generated consistent growth in the second quarter with continued progress in business development adding high-quality loans and core deposits. We are seeing well-balanced loan growth across all our major areas of lending. Our total loan growth of 10.3% and total deposit growth of 12.6% reflected our ability to perform well through economic cycles.”