Filing Details
- Accession Number:
- 0001628280-25-002968
- Form Type:
- 13G Filing
- Publication Date:
- 2025-01-28 19:00:00
- Filed By:
- Floyd C. Davis
- Company:
- Southern States Bancshares Inc.
- Filing Date:
- 2025-01-29
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Beneficially Owned Number of Shares | Beneficially Owned Number of Aggregate Shares | Percent of Class |
|---|---|---|---|
| Floyd C. Davis | 0 | 632,135 | 6.4% |
Filing
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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Southern States Bancshares, Inc. (Name of Issuer) |
Common Stock, par value $5.00 per share (Title of Class of Securities) |
843878307 (CUSIP Number) |
01/29/2025 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
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| Rule 13d-1(c)
|
 Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | 843878307 |
| 1 | Names of Reporting Persons
Floyd C. Davis | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
632,135.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
6.4 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
Southern States Bancshares, Inc. | |
| (b) | Address of issuer's principal executive offices:
615 Quintard Avenue, Anniston, AL, 36201 | |
| Item 2. | ||
| (a) | Name of person filing:
Floyd C. Davis | |
| (b) | Address or principal business office or, if none, residence:
271 Lynnlee Way, Heflin, AL 36264 | |
| (c) | Citizenship:
US | |
| (d) | Title of class of securities:
Common Stock, par value $5.00 per share | |
| (e) | CUSIP No.:
843878307 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
| |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
| |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
| |
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
| |
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
| |
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
| |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
632135 | |
| (b) | Percent of class:
6.4% - The Issuer had 9,889,260 shares of Common Stock outstanding as of December 31, 2024. All beneficial ownership and voting percentage calculations with respect to the Common Stock are based on the outstanding shares as of such date. | |
| (c) | Number of shares as to which the person has:
| |
| (i) Sole power to vote or to direct the vote:
133672 | ||
| (ii) Shared power to vote or to direct the vote:
498,463 - Includes 92,266 shares owned by Angela G. Davis, the spouse of Mr. Davis, over which he has shared voting and investment power, and 406,197 shares held by the Floyd C. Davis Sr. Family Partnership L.P., for which Mr. Davis serves as trustee, and over which he has shared voting and investment power. | ||
| (iii) Sole power to dispose or to direct the disposition of:
133672 | ||
| (iv) Shared power to dispose or to direct the disposition of:
498,463 - Includes 92,266 shares owned by Angela G. Davis, the spouse of Mr. Davis, over which he has shared voting and investment power, and 406,197 shares held by the Floyd C. Davis Sr. Family Partnership L.P., for which Mr. Davis serves as trustee, and over which he has shared voting and investment power. | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
| ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
| ||
| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
| ||
| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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