Southern States Bank – Startup Investor Profile

Southern States Bank specializes in business banking, commercial lending, consumer banking, mortgage lending, and SBA lending.

Location: Anniston

Country:

Investment Regions:

Investment Stages: late-stage, pre-seed, seed, series-a

Website: http://southernstatesbank.net/

AI Reasoning: I found a Form 10-K (filed March 14, 2025, for fiscal year ended Dec 31, 2024) that documents Southern States Bank completed an acquisition of Century Bank of Georgia on July 31, 2024. The acquisition target was Century Bank (of Georgia). That transaction occurred within the 15 months before the reference date; additionally, no more recent investment or acquisition after July 31, 2024 was found in the searched filings or pages. The time since that transaction is 15 months, which places it beyond 12 months; however, the bank also completed other acquisitions referenced in 2024 in the filings. Given the July 31, 2024 acquisition, the last known investment date is July 31, 2024. The time since that last known investment exceeds 12 months, so the correct classification is not-active.

Not Active – No known investments in the last 12 months.

Low Activity – Only known investments between the last 12 and 6 months.

Active – Known investments between the last 6 and 3 months.

Very Active – Known investments in the last 3 months.