Travel may be required for meetings as needed.
SouthState Bank provides personal and commercial financial services, including deposit accounts, loans, and wealth management, to customers across the Southeastern United States. These products work by pooling customer deposits to fund local lending and investment activities, which are managed through a network of physical branches and digital banking platforms. Unlike larger national competitors, the bank focuses on a relationship-based model that prioritizes local market knowledge and personalized service while maintaining the financial scale of a major regional player. The bank's goal is to support the financial health of its clients and communities by combining the resources of a large institution with the accessibility of a local community bank.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Winter Haven, Florida
Founded
1934
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Remote Work Options
401(k) Retirement Plan
Health Insurance
Paid Vacation
Wellness Program
Flexible Work Hours
Conference Attendance Budget
Family Planning Benefits
Fertility Treatment Support
Professional Development Budget
Stock Options
Company Equity
Phone/Internet Stipend
Home Office Stipend
Mental Health Support
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Bond Street Investment Trust has increased its revolving credit facility by $200 million, bringing total commitments to $300 million. JPMorgan Chase led the expansion as administrative agent and sole bookrunner, with BMO Capital Markets and KeyBanc Capital Markets serving as joint lead arrangers. KeyBank National Association, BMO Bank and Banco Santander joined the facility, expanding the bank group to five institutions. The upsize utilises the accordion feature of Bond Street's credit agreement, which permits commitments up to $600 million. Since securing a $300 million equity commitment from Conversant Capital in August 2025, the Charleston-based REIT has acquired 17 centres, expanding its portfolio to nearly 1,000,000 square feet. The firm has entered Phoenix, Dallas and Midwestern markets whilst maintaining its Southeast presence.
SouthState Bank has launched a Government Contractor Banking vertical and appointed David Mathis as director to lead the initiative. Mathis brings nearly a decade of experience from MartinFederal Consulting, where he served as CEO before successfully selling the company this year. He also has 25 years of commercial banking experience focused on the government contracting industry. The new vertical will support companies working with federal agencies across SouthState's nine-state footprint, offering services including financing, treasury management, capital markets and mergers and acquisitions advice. SouthState president Richard Murray noted the bank's presence in regions with military bases and operations supporting NASA, the Department of Justice and the Department of Energy.
SouthState reported second-quarter results showing robust loan and deposit growth with stable margins. Revenue reached $672.7 million, slightly below analyst estimates of $674.1 million, while adjusted earnings per share of $2.35 beat expectations of $2.29. CEO John Corbett highlighted that the company expanded its commercial banking sales force by over 10% in the past three quarters. Non-performing assets declined by 14%, reflecting improved credit quality. During the earnings call, analysts questioned net interest margin trends, deposit mix dynamics, and expense management amid increased hiring. CFO Steve Young indicated stable guidance assuming mid- to upper-single-digit growth with flat rates. The company expects 4% expense growth, supported by deferred origination costs offsetting compensation increases. SouthState also announced plans to test new correspondent banking products for a 2027 rollout.