• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form S-3/A filed by Southern States Bancshares Inc.

    7/1/25 3:15:45 PM ET
    $SSBK
    Savings Institutions
    Finance
    Get the next $SSBK alert in real time by email
    S-3/A 1 s-3.htm S-3 Document

    As filed with the Securities and Exchange Commission on July 1, 2025
    Registration Nos. 333-267772       
    333-269180    
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    FORM S-3
    POST EFFECTIVE AMENDMENT NO. 1 TO REGISTRATION STATEMENT NO. 333-267772
    POST EFFECTIVE AMENDMENT NO. 1 to REGISTRATION STATEMENT NO. 333-269180
    UNDER
    THE SECURITIES ACT OF 1933

    Southern States Bancshares, Inc.
    (Exact name of registrant as specified in its charter)

    Alabama26-2518085
    (State or other jurisdiction of
    incorporation or organization)
    (I.R.S. Employer
    Identification Number)
    615 Quintard Ave.
    Anniston, AL 36201
    (256) 241-1092
    (Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
    Christopher T. Holmes
    President and Chief Executive Officer
    FB Financial Corporation
    As successor by merger to Southern States Bancshares, Inc.
    1221 Broadway, Suite 1300
    Nashville, Tennessee 37203
    (615) 564-1212
    (Name, address, including zip code, and telephone number, including area code, of agent for service)

    Copies to:

    Mark C. Kanaly
    William W. Hooper
    Alston & Bird LLP
    One Atlantic Center
    1201 West Peachtree Street NE
    Atlanta, Georgia 30305
    (404) 881-7000


    Approximate date of commencement of proposed sale to the public: Not applicable. Removal from registration of securities that were not sold pursuant to the above referenced registration statement.

    If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. ☐

    If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box. ☐

    If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

    If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

    If this Form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box. ☐




    If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box. ☐

    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

    Large accelerated filer☐Accelerated filer☒
    Non-accelerated filer☐Smaller reporting company☒
    Emerging growth company☒
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐






















































    EXPLANATORY NOTE
    DEREGISTRATION OF SECURITIES

    This Post-Effective Amendment No. 1 relates to each of the following Registration Statements on Form S-3 (each, a “Registration Statement” and collectively, the “Registration Statements”), filed with the Securities and Exchange Commission by Southern States Bancshares, Inc. (the “Registrant”):

    •Registration Statement on Form S-3, File No. 333-267772, filed on October 7, 2022, registering the issuance from time to time of up to $150,000,000 of common stock, preferred stock, depositary shares, debt securities, warrants and units of the Registrant; and

    •Registration Statement on Form S-3, File No. 333-269180, filed on January 11, 2023, registering the issuance of up to 250,000 shares of common stock, par value $5.00 per share, pursuant to the Registrant’s Dividend Reinvestment and Common Stock Purchase Plan.

    On July 1, 2025, pursuant to the Agreement and Plan of Merger, dated as of March 31, 2025, by and between the Registrant and FB Financial Corporation, the Registrant merged with and into FB Financial Corporation, with FB Financial Corporation as the surviving corporation (the “Merger”).

    In connection with the Merger, the Registrant is terminating all offers and sales of its securities registered pursuant to its existing registration statements under the Securities Act of 1933, as amended, including the Registration Statements. Accordingly, pursuant to the undertaking contained in the Registration Statements to remove from registration by means of a post-effective amendment any of the securities that remain unsold or unissued at the termination of the offering, the Registrant hereby amends each Registration Statement by deregistering all shares that remain unsold or unissued under such Registration Statements.


































    SIGNATURES

    Pursuant to the requirements of the Securities Act of 1933, Southern States Bancshares, Inc. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Post-Effective Amendment No. 1 to each of the Registration Statements to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Nashville, State of Tennessee, on July 1, 2025.

    FB FINANCIAL CORPORATION
    as successor-in-interest to Southern States Bancshares, Inc.
    By: /s/ Michael M. Mettee
    Name: Michael M. Mettee
    Title: Chief Financial Officer (Principal Financial Officer)


    No other person is required to sign this Post-Effective Amendment No. 1 to the Registration Statement on Form S-3 in reliance upon Rule 478 of the Securities Act.

    Get the next $SSBK alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $SSBK

    DatePrice TargetRatingAnalyst
    10/22/2024$36.00 → $35.00Outperform
    Hovde Group
    9/9/2024Outperform
    Hovde Group
    3/15/2024$32.00 → $35.00Mkt Perform → Outperform
    Keefe Bruyette
    10/7/2022$27.00Outperform → Mkt Perform
    Keefe Bruyette
    9/9/2022$26.00Buy → Hold
    Truist
    9/7/2021$24.00Outperform
    Keefe Bruyette
    9/7/2021$23.00Buy
    Truist Securities
    More analyst ratings

    $SSBK
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Hayes Alfred J. Jr. returned 6,796 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Southern States Bancshares, Inc. (0001689731) (Issuer)

      7/1/25 10:09:59 AM ET
      $SSBK
      Savings Institutions
      Finance
    • Chief Executive Officer Chambers Mark returned 116,652 shares to the company and exercised 6,967 shares at a strike of $30.17, closing all direct ownership in the company (SEC Form 4)

      4 - Southern States Bancshares, Inc. (0001689731) (Issuer)

      7/1/25 10:09:49 AM ET
      $SSBK
      Savings Institutions
      Finance
    • Director Holmes Brian Stacey returned 189,961 shares to the company, closing all direct ownership in the company (SEC Form 4)

      4 - Southern States Bancshares, Inc. (0001689731) (Issuer)

      7/1/25 10:09:39 AM ET
      $SSBK
      Savings Institutions
      Finance

    $SSBK
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Hitson Brent O. bought $3,435 worth of shares (143 units at $24.02), increasing direct ownership by 0.49% to 29,500 units (SEC Form 4)

      4 - Southern States Bancshares, Inc. (0001689731) (Issuer)

      3/4/24 9:10:45 AM ET
      $SSBK
      Savings Institutions
      Finance

    $SSBK
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Hovde Group reiterated coverage on Southern States Bancshares with a new price target

      Hovde Group reiterated coverage of Southern States Bancshares with a rating of Outperform and set a new price target of $35.00 from $36.00 previously

      10/22/24 6:40:13 AM ET
      $SSBK
      Savings Institutions
      Finance
    • Hovde Group initiated coverage on Southern States Bancshares

      Hovde Group initiated coverage of Southern States Bancshares with a rating of Outperform

      9/9/24 7:48:39 AM ET
      $SSBK
      Savings Institutions
      Finance
    • Southern States Bancshares upgraded by Keefe Bruyette with a new price target

      Keefe Bruyette upgraded Southern States Bancshares from Mkt Perform to Outperform and set a new price target of $35.00 from $32.00 previously

      3/15/24 7:34:52 AM ET
      $SSBK
      Savings Institutions
      Finance

    $SSBK
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • FB Financial Announces Closing of Merger with Southern States Bancshares, Inc.

      FB Financial also announces the appointment of J. Henry Smith IV to its board of directors FB Financial Corporation ("FB Financial") (NYSE:FBK), the parent company of FirstBank, announced today that it has completed its merger with Southern States Bancshares, Inc. ("Southern States") (NASDAQ:SSBK), the parent company of Southern States Bank. Shares of Southern States ceased trading after the market closed on June 30, 2025. Pursuant to the terms of the merger agreement, Southern States' shareholders received 0.800 shares of FB Financial common stock for each share of Southern States stock. Based on FB Financial's closing stock price of $45.30 per share as of June 30, 2025, the implied tr

      7/1/25 8:59:00 AM ET
      $FBK
      $SSBK
      Major Banks
      Finance
      Savings Institutions
    • FB Financial and Southern States Receive Final Regulatory Approvals for Merger

      FB Financial Corporation ("FB Financial") (NYSE:FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. ("Southern States") (NASDAQ:SSBK), the parent company of Southern States Bank, jointly announced today that they have received all regulatory approvals needed to complete the proposed merger of Southern States with and into FB Financial. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250612002990/en/ "We're pleased to have received swift regulatory approval for the merger between FB Financial and Southern States," said Christopher T. Holmes, President and CEO of FB Financial. "Both institutions share a deep

      6/12/25 4:20:00 PM ET
      $FBK
      $SSBK
      Major Banks
      Finance
      Savings Institutions
    • Southern States Bancshares, Inc. Announces First Quarter 2025 Financial Results

      First Quarter 2025 Performance and Operational Highlights Net income of $10.4 million, or $1.03 per diluted shareCore net income(1) of $10.3 million, or $1.03 per diluted share(1)Pretax pre-provision core net income(1) of $14.2 millionNet interest income of $24.9 million, a decrease of $171,000 from the prior quarterNet interest margin ("NIM") of 3.75%, up 9 basis points from the prior quarterReturn on average assets ("ROAA") of 1.48%; return on average stockholders' equity ("ROAE") of 14.67%; and return on average tangible common equity ("ROATCE")(1) of 17.19%Core ROAA(1) of 1.47%; and core ROATCE(1) of 17.16%Efficiency ratio of 46.42%Linked-quarter loans grew 6.1

      4/21/25 8:00:00 AM ET
      $SSBK
      Savings Institutions
      Finance

    $SSBK
    SEC Filings

    See more
    • SEC Form POS AM filed by Southern States Bancshares Inc.

      POS AM - Southern States Bancshares, Inc. (0001689731) (Filer)

      7/2/25 2:37:41 PM ET
      $SSBK
      Savings Institutions
      Finance
    • SEC Form POS AM filed by Southern States Bancshares Inc.

      POS AM - Southern States Bancshares, Inc. (0001689731) (Filer)

      7/2/25 2:32:35 PM ET
      $SSBK
      Savings Institutions
      Finance
    • Amendment: SEC Form S-3/A filed by Southern States Bancshares Inc.

      S-3/A - Southern States Bancshares, Inc. (0001689731) (Filer)

      7/1/25 3:15:45 PM ET
      $SSBK
      Savings Institutions
      Finance

    $SSBK
    Leadership Updates

    Live Leadership Updates

    See more
    • Southern States Bancshares Announces Retirement of COO Jack Swift

      ANNISTON, Ala., March 21, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States" or the "Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced the retirement of Chief Operating Officer Jack Swift, effective May 31, 2024. Swift's retirement culminates 18 years of service at Southern States, during which he served five years as Senior Executive Vice President and COO. "On behalf of our Board of Directors and all of our Southern States colleagues, I congratulate Jack on the culmination of his 40-year banking career," said Mark Chambers, Chief Executive Officer and President. "He h

      3/21/24 7:55:44 AM ET
      $SSBK
      Savings Institutions
      Finance
    • Southern States Bancshares, Inc. Announces Leadership Transition

      Mark Chambers, Current President, Appointed Chief Executive Officer J. Henry Smith, IV Named Chairman of Company and Bank Boards Chairman and CEO Stephen Whatley Retires After 16 Years at the Helm ANNISTON, Ala., May 01, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States" or the "Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced the appointment of Mark Chambers as Chief Executive Officer. He succeeds retiring Chief Executive Officer and Founder Stephen Whatley. The changes were effective April 28, 2023. Mr. Whatley, 71, also retired from his positions as Chairman of th

      5/1/23 8:00:00 AM ET
      $SSBK
      Savings Institutions
      Finance
    • Southern States Bancshares, Inc. Announces Appointment of Three Directors, Deepening Board Experience in High-Growth Atlanta Region

      ANNISTON, Ala., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States" or the "Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced the appointment of three new directors, increasing the total number of independent directors to eight and the total number of directors to thirteen. Each new director also joined the Board of Southern States Bank. Jonathan Hinton, Christine Hunsaker and Andy Cummings collectively bring decades of business, finance and real estate experience to the Southern States Board of Directors, adding leadership depth as the Bank gains scale and deepe

      2/22/23 4:05:00 PM ET
      $SSBK
      Savings Institutions
      Finance

    $SSBK
    Financials

    Live finance-specific insights

    See more
    • Southern States Bancshares, Inc. Announces First Quarter 2025 Financial Results

      First Quarter 2025 Performance and Operational Highlights Net income of $10.4 million, or $1.03 per diluted shareCore net income(1) of $10.3 million, or $1.03 per diluted share(1)Pretax pre-provision core net income(1) of $14.2 millionNet interest income of $24.9 million, a decrease of $171,000 from the prior quarterNet interest margin ("NIM") of 3.75%, up 9 basis points from the prior quarterReturn on average assets ("ROAA") of 1.48%; return on average stockholders' equity ("ROAE") of 14.67%; and return on average tangible common equity ("ROATCE")(1) of 17.19%Core ROAA(1) of 1.47%; and core ROATCE(1) of 17.16%Efficiency ratio of 46.42%Linked-quarter loans grew 6.1

      4/21/25 8:00:00 AM ET
      $SSBK
      Savings Institutions
      Finance
    • Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share

      ANNISTON, Ala., April 17, 2025 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on May 12, 2025 to shareholders of record as of May 1, 2025. About Southern States Bancshares, Inc. Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institution, w

      4/17/25 7:00:04 AM ET
      $SSBK
      Savings Institutions
      Finance
    • FB Financial to Expand in Alabama and Georgia by Merger With Southern States

      NASHVILLE, Tenn. and ANNISTON, Ala., March 31, 2025 (GLOBE NEWSWIRE) -- FB Financial Corporation ("FB Financial") (NYSE:FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. ("Southern States") (NASDAQ:SSBK), the parent company of Southern States Bank, jointly announced their entry into a definitive merger agreement pursuant to which Southern States will be merged with and into FB Financial. Southern States is headquartered in Anniston, Alabama, with 15 branches across Alabama and Georgia, along with two loan production offices in the Atlanta MSA. Southern States' core markets include a mix of community and metropolitan markets that match FB Financial's desired

      3/31/25 7:00:10 AM ET
      $FBK
      $SSBK
      Major Banks
      Finance
      Savings Institutions

    $SSBK
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Southern States Bancshares Inc. (Amendment)

      SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)

      4/26/24 3:14:48 PM ET
      $SSBK
      Savings Institutions
      Finance
    • SEC Form SC 13G/A filed by Southern States Bancshares Inc. (Amendment)

      SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)

      4/26/24 3:13:38 PM ET
      $SSBK
      Savings Institutions
      Finance
    • SEC Form SC 13G/A filed by Southern States Bancshares Inc. (Amendment)

      SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)

      3/7/24 12:29:50 PM ET
      $SSBK
      Savings Institutions
      Finance