Southern States Bancshares, Inc. (SSBK) Interest Expense USD 2020 - 2024

Historical data

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Southern States Bancshares, Inc. quarterly/annual Interest Expense history and growth rate from 2020 to 2024.
  • Southern States Bancshares, Inc. Interest Expense for the quarter ending March 31, 2024 was $17.9 M, a 95.5% increase year-over-year.
  • Southern States Bancshares, Inc. Interest Expense for the twelve months ending March 31, 2024 was $60.9 M, a 213% increase year-over-year.
  • Southern States Bancshares, Inc. annual Interest Expense for 2023 was $52.1 M, a 353% increase from 2022.
  • Southern States Bancshares, Inc. annual Interest Expense for 2022 was $11.5 M, a 137% increase from 2021.
  • Southern States Bancshares, Inc. annual Interest Expense for 2021 was $4.86 M, a 44.1% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $60.9 M $17.9 M +$8.74 M +95.5% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-14
Q4 2023 $52.1 M $15.8 M +$9.95 M +171% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-14
Q3 2023 $42.2 M $14.5 M +$11.4 M +369% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-14
Q2 2023 $30.8 M $12.8 M +$11.4 M +819% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-14
Q1 2023 $19.4 M $9.15 M +$7.94 M +651% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-14
Q4 2022 $11.5 M $5.82 M +$4.75 M +442% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-14
Q3 2022 $6.77 M $3.09 M +$1.99 M +182% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $4.77 M $1.39 M +$85 K +6.53% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-14
Q1 2022 $4.69 M $1.22 M -$175 K -12.6% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-15
Q4 2021 $4.86 M $1.08 M Oct 1, 2021 Dec 31, 2021 10-K 2023-03-14
Q3 2021 $1.09 M -$820 K -42.8% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-10
Q2 2021 $1.3 M -$1.19 M -47.7% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-12
Q1 2021 $1.39 M Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-13
Q3 2020 $1.91 M Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-12
Q2 2020 $2.49 M Apr 1, 2020 Jun 30, 2020 10-Q 2021-09-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.