Capital Ratios (Tables)

9 Months Ended

Sep. 30, 2019

Capital Ratios

Schedule of actual and required capital ratios

					Minimum Capital				Minimum Capital				Required to be
					Required - Basel III				Required - Basel III				Considered Well
	Actual				Phase-In Schedule				Fully Phased In				Capitalized
(Dollars in thousands)	Amount		Ratio		Capital Amount		Ratio		Capital Amount		Ratio		Capital Amount		Ratio
September 30, 2019
Common equity Tier 1 to risk-weighted assets:
Consolidated	$	1,302,034	11.22	%	$	812,276	7.00	%	$	812,276	7.00	%	$	754,257	6.50	%
South State Bank (the Bank)		1,392,599	12.00	%		812,284	7.00	%		812,284	7.00	%		754,263	6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated		1,414,138	12.19	%		986,336	8.50	%		986,336	8.50	%		928,316	8.00	%
South State Bank (the Bank)		1,392,599	12.00	%		986,345	8.50	%		986,345	8.50	%		928,324	8.00	%
Total capital to risk-weighted assets:
Consolidated		1,474,728	12.71	%		1,218,415	10.50	%		1,218,415	10.50	%		1,160,395	10.00	%
South State Bank (the Bank)		1,453,189	12.52	%		1,218,426	10.50	%		1,218,426	10.50	%		1,160,405	10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated		1,414,138	9.72	%		581,786	4.00	%		581,786	4.00	%		727,232	5.00	%
South State Bank (the Bank)		1,392,599	9.58	%		581,648	4.00	%		581,648	4.00	%		727,060	5.00	%
December 31, 2018:
Common equity Tier 1 to risk-weighted assets:
Consolidated	$	1,335,826	12.05	%	$	706,981	6.38	%	$	776,293	7.00	%	$	720,844	6.50	%
South State Bank (the Bank)		1,427,764	12.87	%		707,039	6.38	%		776,356	7.00	%		720,902	6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated		1,447,428	13.05	%		873,330	7.88	%		942,642	8.50	%		887,192	8.00	%
South State Bank (the Bank)		1,427,764	12.87	%		873,401	7.88	%		942,718	8.50	%		887,264	8.00	%
Total capital to risk-weighted assets:
Consolidated		1,503,561	13.56	%		1,095,128	9.88	%		1,164,440	10.50	%		1,108,990	10.00	%
South State Bank (the Bank)		1,483,897	13.38	%		1,095,217	9.88	%		1,164,534	10.50	%		1,109,080	10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated		1,447,428	10.65	%		543,506	4.00	%		543,506	4.00	%		679,383	5.00	%
South State Bank (the Bank)		1,427,764	10.51	%		543,387	4.00	%		543,387	4.00	%		679,234	5.00	%
September 30, 2018:
Common equity Tier 1 to risk-weighted assets:
Consolidated	$	1,356,267	12.30	%	$	702,980	6.38	%	$	771,899	7.00	%	$	716,764	6.50	%
South State Bank (the Bank)		1,449,326	13.14	%		703,049	6.38	%		771,975	7.00	%		716,834	6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated		1,467,703	13.31	%		868,387	7.88	%		937,306	8.50	%		882,170	8.00	%
South State Bank (the Bank)		1,449,326	13.14	%		868,472	7.88	%		937,399	8.50	%		882,258	8.00	%
Total capital to risk-weighted assets:
Consolidated		1,521,875	13.80	%		1,088,929	9.88	%		1,157,849	10.50	%		1,102,713	10.00	%
South State Bank (the Bank)		1,503,498	13.63	%		1,089,037	9.88	%		1,157,963	10.50	%		1,102,822	10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated		1,467,703	10.82	%		542,720	4.00	%		542,720	4.00	%		678,401	5.00	%
South State Bank (the Bank)		1,449,326	10.68	%		542,575	4.00	%		542,575	4.00	%		678,219	5.00	%