Southern State Bank
| Status: | Inactive as of 02/08/2008 |
| Merger - Without Assistance | |
| Successor Bank: | Farmers Bank & Trust Company |
| Headquarters: | Southern State Bank 521 East Page Malvern, AR 72104 |
| Established: | 10/09/1959 |
| FDIC Insurance: | 07/08/1991 |
| FDIC Cert: | #33456 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $87,377,000 |
| Total Deposits: | $70,949,000 |
History
| 1959-10-09 | Institution established but was not FDIC insured. Original name: Southern Credit Corporation | |
| 1991-07-08 | Became FDIC insured. | |
| 1993-01-01 | Reorganized. | |
| 1993-01-01 | Changed organization type to COMMERCIAL BANK | |
| 1993-01-01 | Changed name to Southern State Bank | |
| 2008-02-08 | Merged into and subsequently operated as part of Farmers Bank & Trust Company (1291) in MAGNOLIA, AR | |
| 2008-11-05 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
| 2008-11-05 | Changed primary regulatory agency from STATE to FEDERAL RESERVE BOARD | |
| 2015-01-17 | Acquired 1st Bank, National Association. (3881) in TEXARKANA, TX | |
| 2019-11-09 | Acquired Bank of Prescott (101) in PRESCOTT, AR |