8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 12, 2022

SOUTHSTATE CORPORATION

(Exact name of registrant as specified in its charter)

South Carolina (State or Other Jurisdiction of Incorporation) 001-12669 (Commission File Number) 57-0799315 (IRS Employer Identification No.)

1101 First Street South, Suite 202 Winter Haven, FL (Address of principal executive offices) 33880 (Zip Code)

(863) 293-4710

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, par value $2.50 per share	SSB	Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company       ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

Item 8.01 Other Events.

On April 12, 2022, SouthState Corporation (“SouthState” or the “Company”) issued a press release announcing the publication of its annual Corporate Social Responsibility Report (the “Report”) which highlights the Company’s commitment to its communities, colleagues, corporate stewardship, and the environment in the fiscal year ended December 31, 2021. A copy of the Company’s press release is attached as Exhibit 99.1 to this report and incorporated herein by reference.

A copy of the Report is available on SouthState’s website at https://www.southstatebank.com/global/about/stories-and-insights/southstate-issues-2022-corporate-social-responsibility.

Item 9.01		Financial Statements and Exhibits.
(d) Exhibits. In most cases, documents incorporated by reference to exhibits that have been filed with our reports or proxy statements under the Securities Exchange Act of 1934 are available to the public over the Internet from the SEC’s web site at www.sec.gov. You may also read and copy any such document at the SEC’s public reference room located at 100 F Street, N.E., Room 1580, Washington, D.C. 20549 under our SEC file number (001-12669).
Exhibit No.	Description of Exhibit		Incorporated by Reference
			Form	Commission File No.	Exhibit	Filing Date	Filed Herewith
99.1	Press Release dated April 12, 2022.						X
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)						X

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SOUTHSTATE CORPORATION
(Registrant)
By:	/s/ JOHN C. CORBETT
Name:	JOHN C. CORBETT
Title:	Chief Executive Officer

Dated: April 12, 2022

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EX-99.1

Exhibit 99.1

SouthState Issues 2022 Corporate Social Responsibility (CSR) Report	For Immediate Release
	Media Contact
	Jackie Smith, 803.231.3486

WINTER HAVEN, Florida – April. 12, 2022 –SouthState Bank has released its second Corporate Social Responsibility (CSR) report, highlighting the company’s commitment to its communities, colleagues, corporate stewardship and the environment.

“As a leading regional bank in the fastest growing part of the country – the Southeast – SouthState recognizes the importance of sustainable and responsible business practices that benefit our communities and our stakeholders,” said LeDon Jones, director of Corporate Stewardship. “We are proud of the progress we’ve made in the past year, and we will continue to prioritize our activities and lending to support our CSR initiatives, as well as communicate our progress to our investors and stakeholders.”

Highlights of the 2022 CSR report include:

Commitment to Community:

● Awarded 1,741 organizations grants and contributions, totaling $7.45 million.

● Team members logged 6,392 volunteer hours benefitting more than 400 different organizations.

● Made $1.9 billion in CRA-eligible loans.

● Extended $680 million in community development loans.

Commitment to Colleagues:

● Provided $57,000 in financial assistance to team members through The Sunshine Fund, a 501(c)(3) organization funded by Company and employee contributions, which are used to assist employees with unexpected financial hardships.

● Adopted a three-year diversity and inclusion plan.

Commitment to Corporate Stewardship:

● Maintained a board-level Culture Committee that focuses on human capital management and diversity and inclusion, and tasked the board-level Governance and Nominating Committee with the responsibility for the Company’s environmental, social and governance (ESG) initiatives. 

Commitment to Environmental Resourcefulness:

● Ongoing investment in technology that enables customers and team members to access digital solutions for their needs, significantly reducing the bank’s environmental impact, including:

o 83,100 gallons of water waste reduction

o 69,800 pounds of CO2 emissions saved

o 4,570 pounds of solid waste reduction

o 93 trees saved by providing eStatements instead of printed statements

SouthState’s CSR report and more information are available on the bank’s Corporate Stewardship page.

SouthState Corporation (NASDAQ: SSB) is a financial services company headquartered in Winter Haven, Florida. SouthState Bank, N.A., the company’s nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions to more than one million customers throughout Florida, Alabama, Georgia, the Carolinas and Virginia. The bank also serves clients coast to coast through its correspondent banking division. Additional information is available at SouthStateBank.com.

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XML

Document and Entity Information	Apr. 12, 2022
Cover [Abstract]
Document Type	8-K
Document Period End Date	Apr. 12, 2022
Entity File Number	001-12669
Entity Registrant Name	SOUTHSTATE CORP
Entity Incorporation, State or Country Code	SC
Entity Tax Identification Number	57-0799315
Entity Address, Address Line One	1101 First Street South, Suite 202
Entity Address, City or Town	Winter Haven
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33880
City Area Code	863
Local Phone Number	293-4710
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common stock, par value $2.50 per share
Trading Symbol	SSB
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false
Entity Central Index Key	0000764038
Amendment Flag	false