Category Moody's(1) KBRA(2)
SouthState Corporation
Outlook/Watch
 Positive
 Positive
Issuer Rating
 Baa3
 BBB+
Subordinated Debt Rating
 BBB
Short-term Debt Rating
 K2
SouthState Bank N.A.
Outlook/Watch
 Positive Positive
Counterparty Risk Rating 
 Baa2/P-2
Bank Deposits 
 A3/P-2
Baseline Credit Assessment 
 Baa2
Adjusted Baseline Credit Assessment 
 Baa2
Counterparty Risk Assessment 
 Baa1(cr)/P-2(cr)
Deposit Rating
A-
Issuer Rating
 Baa3 A-
Subordinated Debt Rating
 BBB+
Short-term Deposit Rating
 K2
Short-term Debt Rating
 K2

Source:

  1. Moody’s Investors Service, as of February 10, 2023
  2. Kroll Bond Rating Agency, LLC and its affiliates (“KBRA”), as of June 17, 2022