Southern States Bancshares, Inc. Annual Deferred Income Tax Expense (Benefit) in USD from 2020 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.
Summary
Southern States Bancshares, Inc. annual/quarterly Deferred Income Tax Expense (Benefit) history and growth rate from 2020 to 2024.
  • Southern States Bancshares, Inc. Deferred Income Tax Expense (Benefit) for the quarter ending March 31, 2024 was $7K, a 70.8% decline year-over-year.
  • Southern States Bancshares, Inc. annual Deferred Income Tax Expense (Benefit) for 2024 was -$843K, a 71.3% increase from 2023.
  • Southern States Bancshares, Inc. annual Deferred Income Tax Expense (Benefit) for 2023 was -$2.94M, a 9.01% decline from 2022.
  • Southern States Bancshares, Inc. annual Deferred Income Tax Expense (Benefit) for 2022 was -$2.7M, a 177% decline from 2021.
Deferred Income Tax Expense (Benefit), Annual (USD)
Deferred Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 -$843K +$2.1M +71.3% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-14
2023 -$2.94M -$243K -9.01% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-14
2022 -$2.7M -$1.72M -177% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-14
2021 -$973K +$614K +38.7% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-14
2020 -$1.59M Jan 1, 2020 Dec 31, 2020 10-K 2022-03-18
* An asterisk sign (*) next to the value indicates that the value is likely invalid.