Southern States Bancshares, Inc. Income Tax Expense (Benefit) in USD from Q2 2020 to Q1 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Southern States Bancshares, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from Q2 2020 to Q1 2025.
  • Southern States Bancshares, Inc. Income Tax Expense (Benefit) for the quarter ending March 31, 2025 was $3.1M, a 30.4% increase year-over-year.
  • Southern States Bancshares, Inc. Income Tax Expense (Benefit) for the twelve months ending March 31, 2025 was $11.4M, a 25.5% increase year-over-year.
  • Southern States Bancshares, Inc. annual Income Tax Expense (Benefit) for 2024 was $10.7M, a 18.3% increase from 2023.
  • Southern States Bancshares, Inc. annual Income Tax Expense (Benefit) for 2023 was $9.07M, a 17.4% increase from 2022.
  • Southern States Bancshares, Inc. annual Income Tax Expense (Benefit) for 2022 was $7.73M, a 34.8% increase from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)

Southern States Bancshares, Inc. Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2025 $11.4M $3.1M +$723K +30.4% Jan 1, 2025 Mar 31, 2025 10-Q 2025-05-05
Q4 2024 $10.7M $3.7M +$1.37M +58.6% Oct 1, 2024 Dec 31, 2024 10-K 2025-03-14
Q3 2024 $9.36M $2.38M +$514K +27.5% Jul 1, 2024 Sep 30, 2024 10-Q 2024-11-14
Q2 2024 $8.85M $2.27M -$278K -10.9% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-14
Q1 2024 $9.12M $2.38M +$55K +2.37% Jan 1, 2024 Mar 31, 2024 10-Q 2025-05-05
Q4 2023 $9.07M $2.33M -$190K -7.54% Oct 1, 2023 Dec 31, 2023 10-K 2025-03-14
Q3 2023 $9.26M $1.87M -$308K -14.2% Jul 1, 2023 Sep 30, 2023 10-Q 2024-11-14
Q2 2023 $9.57M $2.55M +$959K +60.3% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-14
Q1 2023 $8.61M $2.32M +$882K +61.3% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-14
Q4 2022 $7.73M $2.52M +$1.08M +74.3% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-14
Q3 2022 $6.65M $2.17M +$881K +68.1% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $5.77M $1.59M +$414K +35.2% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-14
Q1 2022 $5.36M $1.44M -$377K -20.7% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-15
Q4 2021 $5.73M $1.45M Oct 1, 2021 Dec 31, 2021 10-K 2023-03-14
Q3 2021 $1.29M +$744K +136% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-10
Q2 2021 $1.18M +$535K +83.5% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-12
Q1 2021 $1.82M Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-13
Q3 2020 $549K Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-12
Q2 2020 $641K Apr 1, 2020 Jun 30, 2020 10-Q 2021-09-24

Southern States Bancshares, Inc. Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $10.7M +$1.66M +18.3% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-14
2023 $9.07M +$1.34M +17.4% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-14
2022 $7.73M +$1.99M +34.8% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-14
2021 $5.73M +$3.21M +127% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-14
2020 $2.53M 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.