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SouthState Bank

SouthState Bank

Regional bank serving Southeastern communities

Commercial Banking Intern

Summer 2027Updated on 9/20/2026Deadline 10/2/26
$16.63 - $24.94/hr
Internship
Bachelor's
Denver, CO, USA
In Person

On-site in the office five days per week.

About the job

Requirements
  • A current undergraduate student pursuing a Bachelor's degree in Business Management, Mathematics, Accounting, Finance, or a related field.
  • A minimum 3.4 GPA is preferred.
  • Proficiency in Microsoft Excel and Microsoft Word.
  • Ability to complete mandatory new-hire compliance training and New Employee Orientation.
  • Ability to access and interpret information on computer screens, documents, and reports, including extended computer use.
Responsibilities
  • Participate in internship program activities, including workshops, training sessions, and special projects.
  • Conduct market research and financial analysis to identify client needs and recommend tailored banking solutions.
  • Assist with financial spreads, due diligence on potential borrowers or guarantors, and loan document reviews to support client transactions.
  • Collaborate with relationship managers, credit analysts, and team leaders on real-time business initiatives.
  • Support marketing activities to enhance client engagement and promote banking services.
  • Prioritize tasks, maintain attention to detail, meet deadlines, and work effectively in a fast-paced environment.
Desired Qualifications
  • A 3.4 GPA.

About the company

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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Simplify's Take

What believers are saying

  • Q2 2026 EPS reached $2.35, and net income hit $230 million.
  • Dividend rose 10% in July 2026, signaling confidence and capital strength.
  • Credit quality improved: non-performing assets fell 14%, and net charge-offs stayed 0.06%.

What critics are saying

  • Cyber Incident litigation settled June 24 2026, proving operational vulnerability still monetizes.
  • Net interest margin fell to 3.78% in Q2 2026 as deposit competition intensified.
  • Government contractor banking depends on winning specialized teams before Truist and PNC respond.

What makes SouthState Bank unique

  • SouthState spans nine states, pairing Southeast scale with local relationship banking.
  • Its government contractor vertical, launched August 17 2026, targets defense-adjacent clients.
  • Commercial lending discipline stands out: Q2 2026 loans rose 11% annualized.

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Benefits

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

Company News

Minichart
Sep 12th, 2026
Cardinal Infrastructure secures $250M delayed draw term loan and boosts revolving credit to $100M

Cardinal Infrastructure Group's construction subsidiary, Cardinal Civil Contracting, has secured a $250 million delayed draw term loan facility and expanded its revolving credit line from $75 million to $100 million through a Second Amendment to its Credit Agreement with Truist Bank. The delayed draw facility can be accessed in up to five separate advances over 18 months from the 10 September 2026 effective date. The amendment requires the borrower to maintain a Consolidated Total Net Leverage Ratio of no greater than 1.60 to 1.0 and Consolidated EBITDA of at least $125 million for the twelve months ended 30 June 2026. The expanded credit capacity provides Cardinal Infrastructure significant liquidity for potential acquisitions, project investments, or operational needs. The lending syndicate includes Truist Bank, First Horizon Bank, KeyBank, Regions Bank, and other financial institutions.

Business Wire
Sep 7th, 2026
Cari Raises Over $30 Million in First Tranche of Initial Funding Round, Backed Entirely by Banks

Cari, the bank-governed digital money network, today announced it has raised $32.5 million in the first tranche of its initial external funding round, with t...

PR Newswire
Aug 24th, 2026
Bond Street REIT expands credit facility to $300M with KeyBank, BMO and Santander joining syndicate

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.

PR Newswire
Aug 17th, 2026
SouthState Bank launches government contractor banking vertical, hires former MartinFed CEO

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.

Yahoo Finance
Aug 1st, 2026
SouthState beats Q2 EPS estimates by 2.4% as non-performing assets fall 14%

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.