Q3 2026 Earnings Report

SouthState reported 9% annualized loan and deposit growth and maintained a 3.8% net interest margin.

Floating-Rate Loan Strategy

Increased floating-rate loan share from 28% to 39% of portfolio to protect asset yields during rate changes.

“When we announced the independent financial deal in 2024, the percentage of floating rate loans in the combined portfolio was only 28%. Today, we have moved the floating rate loan percentage up to 39% of the portfolio.”

Commercial Hiring Drive

Grew commercial relationship bankers by 10% over last year, originating $1 billion in new loans.

“As planned, we have grown our commercial relationship bankers by 10% over the last year. These bankers have already originated about $1 billion in new loans and have a healthy pipeline.”

Low Credit Losses

Maintained net charge-offs below 10 basis points for 9 out of last 10 quarters.

“The third quarter's 9 basis points of net charge offs makes 9 out of the last 10 quarters at a level below 10 basis points.”