Annual report
Page 1
Table of Contents 0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K Annual Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the fiscal year ended December 31 , 2020 Transition Report Pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-12669 SouthState SOUTH STATE CORPORATION ( Exact name of registrant as specified in its charter ) South Carolina ( State or other jurisdiction of incorporation or organization ) 1101 First Street South , Suite 202 , Winter Haven , FL ( Address of principal executive offices ) Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class : Common Stock , $ 2.50 par value ( 863 ) 293-4710 ( Registrant's telephone number , including area code ) Not Applicable ( Former name , former address and former fiscal year , if changed since last report ) 57-0799315 ( I.R.S. Employer Identification No. ) Trading Symbol SSB Accelerated filer 33880 ( Zip Code ) Securities registered pursuant to Section 12 ( g ) of the Act : None . Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No. Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No > . Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Name of each exchange on which registered : Nasdaq Global Select Market Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit and post such files ) . Yes > No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer > Non - accelerated filer Smaller reporting company 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 . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes No > . The aggregate market value of the voting stock of the registrant held by non - affiliates was $ 3,336,684,000 based on the closing sale price of $ 47.66 per share on June 30 , 2020. For purposes of the foregoing calculation only , all directors and executive officers of the registrant have been deemed affiliates . The number of shares of common stock outstanding as of February 22 , 2021 was 71,032,588 . Documents Incorporated by Reference Portions of the Registrant's Definitive Proxy Statement for its 2021 Annual Meeting of Shareholders are incorporated by reference into Part III , Items 10 - 14 of this form 10 - K .