SSB Bancorp, Inc. (SSBP) Financial Statements (2024 and earlier)

Company Profile

Business Address 8700 PERRY HIGHWAY
PITTSBURGH, PA 15237
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6036 - Savings Institutions, Not Federally Chartered (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2020
MRQ
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 21,8819,03416,478
Cash and cash equivalents 21,8819,03416,478
Total current assets: 21,8819,03416,478
Noncurrent Assets
Property, plant and equipment 4,2354,3364,358
Deferred income tax assets 297
Total noncurrent assets: 4,5324,3364,358
Other undisclosed assets 176,219175,423151,069
TOTAL ASSETS: 202,632188,792171,905
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 7,1256,2509,292
Total current liabilities: 7,1256,2509,292
Noncurrent Liabilities
Other undisclosed liabilities 174,624162,223150,502
Total liabilities: 181,749168,473159,794
Equity
Equity, attributable to parent 20,88320,31912,112
Common stock 2322 
Additional paid in capital 8,7078,693 
Accumulated other comprehensive loss (5)(75)(23)
Retained earnings 12,95212,51612,135
Unearned esop shares (793)(837) 
Total equity: 20,88320,31912,112
TOTAL LIABILITIES AND EQUITY: 202,632188,792171,905

Income Statement (P&L) ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
Revenues 8,6457,2006,668
Net investment income 8,2887,0186,224
Cost of revenue (174)(150)(247)
Provision for loan, lease, and other losses (174)(150)
Financial services costs(247)
Gross profit: 8,4717,0506,421
Operating expenses (1,422)(1,408)(2,354)
Other operating income, net
(Noninterest Income, Other Operating Income)
 816431
Operating income: 7,1315,7074,097
Nonoperating income
(Bank Owned Life Insurance Income)
 707052
Interest and debt expense (3,804)(2,900)(2,316)
Income from continuing operations before equity method investments, income taxes: 3,3972,8781,832
Other undisclosed loss from continuing operations before income taxes (2,852)(2,434)(659)
Income from continuing operations before income taxes: 5454441,173
Income tax expense (109)(63)(584)
Income from continuing operations: 436380589
Income before gain (loss) on sale of properties:436380589
Net income available to common stockholders, diluted: 436380589

Comprehensive Income ($ in thousands)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
Net income: 436380589
Comprehensive income: 436380589
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 69(51)28
Comprehensive income, net of tax, attributable to parent: 506329617

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: