Loans and Allowance for Loan Losses (Details 5) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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Changes in allowance for loan losses | |||
Balance at beginning of period | $ 45,949us-gaap_FinancingReceivableAllowanceForCreditLosses | $ 61,596us-gaap_FinancingReceivableAllowanceForCreditLosses | $ 72,974us-gaap_FinancingReceivableAllowanceForCreditLosses |
Loans charged-off | (9,047)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs | (15,289)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs | (21,930)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs |
Recoveries of loans previously charged off | 3,178us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery | 4,224us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery | 3,756us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery |
Net charge-offs | (5,869)ssb_FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs | (11,065)ssb_FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs | (18,174)ssb_FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs |
Provision for loan losses | 4,170ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans | 100ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans | 13,697ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans |
Benefit attributable to FDIC loss share agreements | 2,420us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 | 1,786us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 | (78)us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 |
Total provision for loan losses charged to operations | 6,590us-gaap_ProvisionForLoanLeaseAndOtherLosses | 1,886us-gaap_ProvisionForLoanLeaseAndOtherLosses | 13,619us-gaap_ProvisionForLoanLeaseAndOtherLosses |
Provision for loan losses recorded through the FDIC loss share receivable | (2,420)us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 | (1,786)us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 | 78us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 |
Reduction due to loan removals | (2,346)us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease | (4,682)us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease | (6,901)us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease |
Balance at end of period | 41,904us-gaap_FinancingReceivableAllowanceForCreditLosses | 45,949us-gaap_FinancingReceivableAllowanceForCreditLosses | 61,596us-gaap_FinancingReceivableAllowanceForCreditLosses |
Non-acquired loans | |||
Changes in allowance for loan losses | |||
Balance at beginning of period | 34,331us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
44,378us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
49,367us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
Loans charged-off | (7,516)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
(15,289)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
(21,930)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
Recoveries of loans previously charged off | 2,574us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
4,224us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
3,756us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
Net charge-offs | (4,942)ssb_FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
(11,065)ssb_FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
(18,174)ssb_FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
Provision for loan losses | 5,150ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
1,018ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
13,185ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
Total provision for loan losses charged to operations | 5,150us-gaap_ProvisionForLoanLeaseAndOtherLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
1,018us-gaap_ProvisionForLoanLeaseAndOtherLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
13,185us-gaap_ProvisionForLoanLeaseAndOtherLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
Balance at end of period | 34,539us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
34,331us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
44,378us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_NonAcquiredLoansMember |
Acquired loans | |||
Changes in allowance for loan losses | |||
Loans charged-off | (1,531)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember |
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Recoveries of loans previously charged off | 604us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember |
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Total provision for loan losses charged to operations | 927us-gaap_ProvisionForLoanLeaseAndOtherLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember |
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Acquired loans | Credit impaired | |||
Changes in allowance for loan losses | |||
Balance at beginning of period | 11,618us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
17,218us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
23,607us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
Provision for loan losses | (1,907)ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
(918)ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
512ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
Benefit attributable to FDIC loss share agreements | 2,420us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
1,786us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
(78)us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
Total provision for loan losses charged to operations | 513us-gaap_ProvisionForLoanLeaseAndOtherLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
868us-gaap_ProvisionForLoanLeaseAndOtherLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
434us-gaap_ProvisionForLoanLeaseAndOtherLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
Provision for loan losses recorded through the FDIC loss share receivable | (2,420)us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
(1,786)us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
78us-gaap_CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAllowanceForLoanLossesDecreases1 / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
Reduction due to loan removals | (2,346)us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
(4,682)us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
(6,901)us-gaap_FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
Balance at end of period | 7,365us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
11,618us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
17,218us-gaap_FinancingReceivableAllowanceForCreditLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31030LoansMember |
Acquired loans | Non-Credit impaired | |||
Changes in allowance for loan losses | |||
Loans charged-off | (1,531)us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31020LoansMember |
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Recoveries of loans previously charged off | 604us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31020LoansMember |
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Net charge-offs | (927)ssb_FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31020LoansMember |
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Provision for loan losses | 927ssb_ProvisionForLoanLeaseAndOtherLossesBeforeAdjustmentForCoveredLoans / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31020LoansMember |
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Total provision for loan losses charged to operations | $ 927us-gaap_ProvisionForLoanLeaseAndOtherLosses / us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis = ssb_AcquiredLoansMember / us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis = ssb_AccountingStandardCodificationTopic31020LoansMember |
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- Definition
Reflects the amount of loans and leases that have been removed, or charged off, from both loan receivables and the reserve for credit losses, typically because they are considered to be not salvageable or have been purchased by unconsolidated collection entities. This amount is net of reduction in bad debt expense attributable to collections of loans and lease receivables which had previously been fully or partially charged off as bad debts. No definition available.
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- Definition
The sum of the periodic provision charged to earnings before adjustment for amounts covered under loss sharing agreement. No definition available.
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- Definition
Amount of reduction in the reserve for loans impairments as a result of current information and events which result in it being probable that estimated cash flows will be significantly higher than previously expected or because actual cash flows are significantly greater than cash flows previously expected for loans not accounted for as debt securities, with evidence of deterioration of credit quality since origination that was acquired by completion of a transfer for which it is probable, at acquisition, that the investor will be unable to collect all contractually required payments receivable. No definition available.
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- Definition
A valuation allowance for financing receivables that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The increase (decrease) in the allowance for credit losses related to financing receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of recovery of financing receivables doubtful of collection that were previously charged off. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of direct write-downs of financing receivables charged against the allowance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of expense related loan transactions, lease transactions, credit loss from transactions other than loan and lease transactions, and other loss based on assessment of uncollectability from the counterparty to reduce the account to their net realizable value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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