Capital Ratios (Tables)

6 Months Ended

Jun. 30, 2020

Capital Ratios

Schedule of actual and required capital ratios

									Required to be
					Minimum Capital				Considered Well
	Actual				Required - Basel III				Capitalized
(Dollars in thousands)	Amount		Ratio		Capital Amount		Ratio		Capital Amount		Ratio
June 30, 2020
Common equity Tier 1 to risk-weighted assets:
Consolidated	$	2,827,852	10.70	%	$	1,850,105	7.00	%	$	1,717,955	6.50	%
South State Bank (the Bank)		2,903,011	11.00	%		1,846,661	7.00	%		1,714,756	6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated		2,827,852	10.70	%		2,246,556	8.50	%		2,114,406	8.00	%
South State Bank (the Bank)		2,903,011	11.00	%		2,242,374	8.50	%		2,110,470	8.00	%
Total capital to risk-weighted assets:
Consolidated		3,416,593	12.93	%		2,775,158	10.50	%		2,643,008	10.00	%
South State Bank (the Bank)		3,100,252	11.75	%		2,769,991	10.50	%		2,638,087	10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated		2,827,852	13.35	%		847,609	4.00	%		1,059,511	5.00	%
South State Bank (the Bank)		2,903,011	13.70	%		847,311	4.00	%		1,059,138	5.00	%
December 31, 2019:
Common equity Tier 1 to risk-weighted assets:
Consolidated	$	1,326,725	11.30	%	$	822,225	7.00	%	$	763,495	6.50	%
South State Bank (the Bank)		1,417,616	12.07	%		822,218	7.00	%		763,488	6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated		1,438,995	12.25	%		998,416	8.50	%		939,686	8.00	%
South State Bank (the Bank)		1,417,616	12.07	%		998,407	8.50	%		939,677	8.00	%
Total capital to risk-weighted assets:
Consolidated		1,501,321	12.78	%		1,233,338	10.50	%		1,174,607	10.00	%
South State Bank (the Bank)		1,479,942	12.60	%		1,233,327	10.50	%		1,174,597	10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated		1,438,995	9.73	%		591,731	4.00	%		739,664	5.00	%
South State Bank (the Bank)		1,417,616	9.59	%		591,592	4.00	%		739,490	5.00	%
June 30, 2019:
Common equity Tier 1 to risk-weighted assets:
Consolidated	$	1,323,535	11.58	%	$	800,109	7.00	%	$	742,959	6.50	%
South State Bank (the Bank)		1,419,395	12.42	%		800,123	7.00	%		742,971	6.50	%
Tier 1 capital to risk-weighted assets:
Consolidated		1,435,471	12.56	%		971,561	8.50	%		914,411	8.00	%
South State Bank (the Bank)		1,419,395	12.42	%		971,578	8.50	%		914,426	8.00	%
Total capital to risk-weighted assets:
Consolidated		1,494,019	13.07	%		1,200,164	10.50	%		1,143,013	10.00	%
South State Bank (the Bank)		1,477,943	12.93	%		1,200,184	10.50	%		1,143,033	10.00	%
Tier 1 capital to average assets (leverage ratio):
Consolidated		1,435,471	9.99	%		574,940	4.00	%		718,675	5.00	%
South State Bank (the Bank)		1,419,395	9.88	%		574,780	4.00	%		718,475	5.00	%