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  "documentTitle": "Southern States Bancshares | IPO Presentation Deck | 27 slides",
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  "authorName": "Southern States Bancshares",
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  "presentationDate": "2021-07-01 00:00:00",
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  "notes": "Includes a map of Alabama and Georgia showing branch locations and a table of key financial metrics.",
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      "text": "Source: S&P Global Market Intelligence; Company Documents. Financial data as of the three months ended 3/31/21 unless otherwise noted. Note: Core Deposits defined as total deposits less jumbo time deposits; jumbo time deposits classified as deposits larger than $250,000. (1) Excludes $61mm of PPP loans and any associated interest and fees as of 3/31/21. (2) Excludes $2.8mm pre-tax net gain on sale of $20.6mm USDA loan and $232 thousand pre-tax loss on sale of securities adjusted for taxes at 24.2%.",
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      "text": "Southern States Bancshares was founded in August 2007 by current CEO and Chairman, Steve Whatley, and a group of organizing directors. Management team with 200 years of collective experience in the banking industry and deep ties to local markets. History of solid growth, top-tier profitability and a strong credit culture. Bifurcated growth strategy through organic growth and disciplined M&A. Focused on being a dominant bank in our smaller markets and a competitive player in the larger metropolitan areas. Diversified loan portfolio complemented by low-cost, core funding base.",
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      "text": "Q1 '21 Financial Highlights table including Assets, Growth, NPLs, Net Income, Loans, Deposits, ROAA, NIM, and Efficiency Ratio.",
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      "text": "Overview of Southern States Bancshares, Inc.",
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