SouthState (SSB) 8-K SouthState Corporation Reports Fourth Quarter 2021 Results

Exhibit 99.2

Earnings Call 4Q 2021 Tuesday, January 25, 2022 Exhibit 99.2

DISCLAIMER2 Statementsincludedinthiscommunication,whicharenothistoricalinnatureareintendedtobe,andareherebyidentifiedas,forward-lookingstatementsforpurposesofthesafeharborprovidedbySection27AoftheSecuritiesActof1933andSection21EoftheSecuritiesExchangeActof1934.Forward-lookingstatementsarebasedon,amongotherthings,management’sbeliefs,assumptions,currentexpectations,estimatesandprojectionsaboutthefinancialservicesindustry,theeconomyandSouthState.Wordsandphrasessuchas“may,”“approximately,”“continue,”“should,”“expects,”“projects,”“anticipates,”“islikely,”“lookahead,”“lookforward,”“believes,”“will,”“intends,”“estimates,”“strategy,”“plan,”“could,”“potential,”“possible”andvariationsofsuchwordsandsimilarexpressionsareintendedtoidentifysuchforward-lookingstatements.SouthStatecautionsreadersthatforward-lookingstatementsaresubjecttocertainrisks,uncertaintiesandassumptionsthataredifficulttopredictwithregardto,amongotherthings,timing,extent,likelihoodanddegreeofoccurrence,whichcouldcauseactualresultstodiffermateriallyfromanticipatedresults.Suchrisks,uncertaintiesandassumptions,include,amongothers,thefollowing:(1)economicdownturnrisk,potentiallyresultingindeteriorationinthecreditmarkets,greaterthanexpectednoninterestexpenses,excessiveloanlossesandothernegativeconsequences,whichriskscouldbeexacerbatedbypotentialcontinuednegativeeconomicdevelopmentsresultingfromtheCovid19pandemic,orfromfederalspendingcutsand/oroneormorefederalbudget-relatedimpassesoractions;(2)interestrateriskprimarilyresultingfromthelowinterestrateenvironment,potentiallyrisinginterestrates,andtheirimpactontheBank’searnings,includingfromthecorrespondentandmortgagedivisions,housingdemand,themarketvalueofthebank’sloanandsecuritiesportfolios,andthemarketvalueofSouthState’sequity;(3)risksrelatedtothemergerandintegrationofSouthStateandCSFLincluding,amongothers,(i)theriskthatthecostsavingsandanyrevenuesynergiesfromthemergermaynotbefullyrealizedormaytakelongerthananticipatedtoberealized,(ii)theriskthattheintegrationofeachparty’soperationswillbemateriallydelayedorwillbemorecostlyordifficultthanexpectedorthatthepartiesareotherwiseunabletosuccessfullyintegrateeachparty’sbusinessesintotheother’sbusinesses,(iii)theamountofthecosts,fees,expensesandchargesrelatedtothemerger,(iv)reputationalriskand thereactionofeachcompany'scustomers,suppliers,employeesorotherbusinesspartnerstothemerger,(4)risksrelatedtothemergerandintegrationofSouthStateandAtlanticCapitalincluding,amongothers,(i)theriskthatthecostsavingsandanyrevenuesynergiesfromthemergermaynotbefullyrealizedormaytakelongerthananticipatedtoberealized,(ii)disruptiontotheparties’businessesasaresultoftheannouncementandpendencyofthemerger,(iii)theoccurrenceofanyevent,changeorothercircumstancesthatcouldgiverisetotheterminationofthemergeragreement,(iv)theriskthattheintegrationofeachparty’soperationswillbemateriallydelayedorwillbemorecostlyordifficultthanexpectedorthatthepartiesareotherwiseunabletosuccessfullyintegrateeachparty’sbusinessesintotheother’sbusinesses,(v)theamountofthecosts,fees,expensesandchargesrelatedtothemerger,(vi)theabilitybyeachofSouthStateandAtlanticCapitaltoobtainrequiredgovernmentalapprovalsofthemerger(andtheriskthatsuchapprovalsmayresultintheimpositionofconditionsthatcouldadverselyaffectthecombinedcompanyortheexpectedbenefitsofthetransaction),(vii)reputationalriskandthereactionofeachcompany'scustomers,suppliers,employeesorotherbusinesspartnerstothemerger,(viii)thefailureoftheclosingconditionsinthemergeragreementtobesatisfied,oranyunexpecteddelayinclosingthemerger,(ix)thepossibilitythatthemergermaybemoreexpensivetocompletethananticipated,includingasaresultofunexpectedfactorsorevents,(x)thedilutioncausedbySouthState’sissuanceofadditionalsharesofitscommonstockinthemerger,(xi)generalcompetitive,economic,politicalandmarketconditions,and(xii)otherfactorsthatmayaffectfutureresultsofAtlanticCapitalandSouthStateincludingchangesinassetqualityandcreditrisk;theinabilitytosustainrevenueandearningsgrowth;changesininterestratesandcapitalmarkets;inflation;customerborrowing,repayment,investmentanddepositpractices;theimpact,extentandtimingoftechnologicalchanges;capitalmanagementactivities;andotheractionsoftheBoardofGovernorsoftheFederalReserveSystemandOfficeoftheComptrolleroftheCurrencyandlegislativeandregulatoryactionsandreforms(5)risksrelatingtothecontinuedimpactoftheCovid19pandemiconthecompany,includingpossibleimpact tothecompanyanditsemployeesfromcontactingCovid19,andtoefficienciesandthecontrolenvironmentduetothecontinuedworkfromhomeenvironmentandtoourresultsofoperationsduetogovernmentstimulusandotherinterventionstoblunttheimpactofthepandemic;(6)theimpactofincreasingdigitizationofthebankingindustryandmovementofcustomerstoon-lineplatforms,andthepossibleimpactontheBank’sresultsofoperations,customerbase,expenses,suppliersandoperations;(7)controlsandproceduresrisk,includingthepotentialfailureorcircumventionofourcontrolsandproceduresorfailuretocomplywithregulationsrelatedtocontrolsandprocedures;(8)potentialdeteriorationinrealestatevalues;(9)theimpactofcompetitionwithotherfinancialinstitutions,includingpricingpressures(includingthoseresultingfromtheCARESAct)andtheresultingimpact,includingasaresultofcompressiontonetinterestmargin;(10)risksrelatingtotheabilitytoretainourcultureandattractandretainqualifiedpeople;(11)creditrisksassociatedwithanobligor’sfailuretomeetthetermsofanycontractwiththebankorotherwisefailtoperformasagreedunderthetermsofanyloan-relateddocument;(12)risksrelatedtotheabilityofthecompanytopursueitsstrategicplanswhichdependuponcertaingrowthgoalsinourlinesofbusiness;(13)liquidityriskaffectingtheBank’sabilitytomeetitsobligationswhentheycomedue;(14)risksassociatedwithananticipatedincreaseinSouthState’sinvestmentsecuritiesportfolio,includingrisksassociatedwithacquiringandholdinginvestmentsecuritiesorpotentiallydeterminingthattheamountofinvestmentsecuritiesSouthStatedesirestoacquirearenotavailableontermsacceptabletoSouthState;(15)priceriskfocusingonchangesinmarketfactorsthatmayaffectthevalueoftradedinstrumentsin“mark-to-market”portfolios;(16)transactionriskarisingfromproblemswithserviceorproductdelivery;(17)complianceriskinvolvingrisktoearningsorcapitalresultingfromviolationsofornonconformancewithlaws,rules,regulations,prescribedpractices,orethicalstandards;(18)regulatorychangeriskresultingfromnewlaws,rules,regulations,accountingprinciples,proscribedpracticesorethicalstandards,including,withoutlimitation,thepossibility thatregulatoryagenciesmayrequirehigherlevelsofcapitalabovethecurrentregulatory-mandatedminimumsandincludingtheimpactoftheCARESAct,theConsumerFinancialProtectionBureauregulations,andthepossibilityofchangesinaccountingstandards,policies,principlesandpractices,includingchangesinaccountingprinciplesrelatingtoloanlossrecognition(CECL);(19)strategicriskresultingfromadversebusinessdecisionsorimproperimplementationofbusinessdecisions;(20)reputationriskthatadverselyaffectsearningsorcapitalarisingfromnegativepublicopinion;(21)cybersecurityriskrelatedtothedependenceofSouthStateoninternalcomputersystemsandthetechnologyofoutsideserviceproviders,aswellasthepotentialimpactsofinternalorexternalsecuritybreaches,whichmaysubjectthecompanytopotentialbusinessdisruptionsorfinanciallossesresultingfromdeliberateattacksorunintentionalevents;(22)reputationalandoperationalrisksassociatedwithenvironment,socialandgovernancematters;(23)greaterthanexpectednoninterestexpenses;(24)excessiveloanlosses;(25)potentialdepositattrition,higherthanexpectedcosts,customerlossandbusinessdisruptionassociatedwiththeAtlanticCapitalintegration,andpotentialdifficultiesinmaintainingrelationshipswithkeypersonnel;(26)therisksoffluctuationsinmarketpricesforSouthStatecommonstockthatmayormaynotreflecteconomicconditionorperformanceofSouthState;(27)thepaymentofdividendsonSouthStatecommonstock,whichissubjecttolegalandregulatorylimitationsaswellasthediscretionoftheboardofdirectorsofSouthState,SouthState’sperformanceandotherfactors;(28)ownershipdilutionriskassociatedwithpotentialacquisitionsinwhichSouthState’sstockmaybeissuedasconsiderationforanacquiredcompany;(29)operational,technological,cultural,regulatory,legal,creditandotherrisksassociatedwiththeexploration,consummationandintegrationofpotentialfutureacquisition,whetherinvolvingstockorcashconsideration;(30)majorcatastrophessuchashurricanes,tornados,earthquakes,floodsorothernaturalorhumandisasters,includinginfectiousdiseaseoutbreaks,includingtheongoingCovid19pandemic,andtherelateddisruptiontolocal,regionalandglobaleconomicactivityandfinancialmarkets,andtheimpactthatanyoftheforegoingmayhaveonSouthStateanditscustomersandotherconstituencies;(31)terroristactivitiesriskthatresultsinlossofconsumerconfidenceandeconomicdisruptions; and(32)otherfactorsthatmayaffectfutureresultsofSouthState,asdisclosedinSouthState’sAnnualReportonForm10-K,QuarterlyReportsonForm10-Q,andCurrentReportsonForm8-K,filedbySouthStatewiththeU.S.SecuritiesandExchangeCommission(“SEC”)andavailableontheSEC’swebsiteathttp://www.sec.gov,anyofwhichcouldcauseactualresultstodiffermateriallyfromfutureresultsexpressed,impliedorotherwiseanticipatedbysuchforward-lookingstatements. Allforward-lookingstatementsspeakonlyasofthedatetheyaremadeandarebasedoninformationavailableatthattime.SouthStatedoesnotundertakeanyobligationtoupdateorotherwisereviseanyforward-lookingstatements,whetherasaresultofnewinformation,futureevents,orotherwise,exceptasrequiredbyfederalsecuritieslaws.Asforward-lookingstatementsinvolvesignificantrisksanduncertainties,cautionshouldbeexercisedagainstplacingunduerelianceonsuchstatements.

$35Billion in deposits $24Billion in loans $42Billion in assets $5.7Billion market cap(1)FinancialmetricsasofDecember31,2021;marketcapasofJanuary21,2022;pendingAtlanticCapitalBancshares,Inc.(“ACBI”)mergerexcludedSouthState CorporationOverview of Franchise (1)3 (281) 7Greenwich Excellence Awards 2021 #1 in Florida#2 in Georgia #3 in South Carolina Top 50Forbes 100 Best Banks in America 2021

DIVERSIFIED LINES OF BUSINESS4High-Growth Southeast Markets with National Line of Business Capabilities Regional •Commercial Banking•Retail Banking•Business Banking•Treasury Management•Mortgage•Wealth•Correspondent Banking & Capital Markets•Payroll & Payments / Fintech (1)•Corporate Billing / Factoring•Association Prime (HOA)•SBA National (1) Proforma basis, including pending ACBI merger4

STRONG POPULATION GROWTH TRENDS5 •SouthStateis located in four of the top six states for highest population growth over the past year•The four states highlighted below represent 93% of SouthState’stotal deposits Source: U.S. Census Bureau, December 20215 Rank State April 1, 2020 (Estimates Base) July 1, 2020July 1, 2021 Population Growth (actual) 1Texas29,145,50529,217,65329,527,941310,288 2Florida21,538,18721,569,93221,781,128211,196 3Arizona7,151,5027,177,9867,276,31698,330 4North Carolina10,439,38810,457,17710,551,16293,985 5Georgia10,711,90810,725,80010,799,56673,766 6South Carolina5,118,4255,130,7295,190,70559,976 7Utah3,271,6163,281,6843,337,97556,291 8Tennessee6,910,8406,920,1196,975,21855,099 9Idaho1,839,1061,847,7721,900,92353,151 10Nevada3,104,6143,114,0713,143,99129,920 Top 10 States in Population Growth (July 2020 to July 2021)

Local MarketLeadershipOur business model supports the unique character of the communities we serve and encourages decision making by the banker that is closest to the customer.Long-TermHorizonWe think and act like owners and measure success over entire economic cycles. We prioritize soundness before short-term profitability and growth.RemarkableExperiencesWe will make our customers’ lives better by anticipating their needs and responding with a sense of urgency. Each of us has the freedom, authority and responsibility to do the right thing for our customers.Meaningful and LastingRelationshipsWe communicate with candor and transparency. The relationship is more valuable than the transaction.Greater PurposeWe enable our team members to pursue their ultimate purpose in life—their personal faith, their family, their service to community.The WHATThe HOW Guiding PrinciplesCore Values Leadership The WHY To invest in the entrepreneurial spirit, pursue excellence and inspire a greater purpose.6

INVESTMENT THESIS7 •True alternative to the largest banks with capital markets platform and upgraded technology solutions•High growth markets•Low-cost core deposit base•Diversified revenue streams •Strong credit quality and disciplined underwriting •Energetic and experienced management team with entrepreneurial ownership culture

Quarterly Results

HIGHLIGHTS | LINKED QUARTER Dollars in millions, except per share data*Thetangiblemeasuresarenon-GAAPmeasuresandexcludetheeffectofperiodendoraveragebalanceofintangibleassets.Thetangiblereturnsonequityandcommonequitymeasuresalsoaddbacktheafter-taxamortizationofintangiblestoGAAPbasisnetincome;otheradjustedfigurespresentedarealsoNon-GAAPfinancialmeasuresthatexcludetheimpactofbranchconsolidationandmerger-relatedexpenses,securitiesgainsorlosses-SeereconciliationofGAAPtoNon-GAAPmeasuresinAppendix9 3Q214Q21GAAPNet Income$122.8$106.8EPS (Diluted)$1.74$1.52Return on AverageAssets1.20%1.02%Non-GAAP*Return on AverageTangible Common Equity16.86%14.63%Non-GAAP,Adjusted*Net Income$136.8$112.1EPS (Diluted)$1.94$1.59Return on AverageAssets1.34%1.08%Return on AverageTangible Common Equity18.68%15.30%

(1)Adjustedfiguresaboveexcludetheimpactofmerger-relatedexpenses;CorenetinterestincomeexcludingloanaccretionandnetdeferredfeesonPPPisalsoanon-GAAPfinancialmeasure-SeereconciliationofGAAPtoNon-GAAPmeasuresinAppendix(2)AdjustedPPNRandPPNRROAAareNon-GAAPfinancialmeasuresthatexcludetheimpactofmerger-relatedexpensesandextinguishmentofdebtcost-SeereconciliationofGAAPtoNon-GAAPmeasuresinAppendix(3)ExcludingPPPloans(4)ExcludingloanaccretionandnetdeferredfeesonPPPloans10•Reported & adjusted diluted Earnings per Share (“EPS”)(1)of $1.52 and $1.59, respectively•Pre-Provision Net Revenue (“PPNR”)(2)of $132.6 million, or 1.27% PPNR ROAA(2)•Loans(3)increased $395.8 million, or 6.7% annualized from prior quarter•Corenet interest income (4)(non-GAAP)(1)increased $6.4 million from prior quarter•Noninterest income of $91.9 million, increased by $4.9 million compared to 3Q 2021 •Net charge-offs of $960 thousand, or 0.02% annualized; negative provision for credit losses of $9.2 million•Repurchased 632,450 shares during 4Q 2021 at a weighted average price of $79.35, bringing total 2021 repurchases to approximately 1.82 millionQUARTERLY HIGHLIGHTS | 4Q 2021

TANGIBLE BOOK VALUE PER SHARE (1) PLUS DIVIDENDS (1)Thetangiblemeasureisanon-GAAPmeasureandexcludestheeffectofperiodendbalancesofintangibleassets-SeereconciliationofGAAPtoNon-GAAPmeasuresinAppendix11 $41.16 $42.02 $43.07 $43.98 $44.62 $0.47 $0.94 $1.43 $1.92 $41.16 $42.49 $44.01 $45.41 $46.54 $36.00$37.00$38.00$39.00$40.00$41.00$42.00 $43.00 $44.00$45.00$46.00$47.00$48.00$49.004Q201Q212Q213Q214Q21 Tangible Book Value per Share Cumulative Dividends

NET INTEREST MARGIN Dollarsinmillions*Taxequivalent**AccretionincludesPPPloansdeferredfeesandloandiscountaccretionTaxequivalentNIMisNon-GAAPfinancialmeasures-SeereconciliationofGAAPtoNon-GAAPmeasuresinAppendix12 $236.2 $231.2 $232.6 $238.4 $244.7 $29.3 $30.8 $20.5 $21.6 $13.4 $265.5 $262.0 $253.1 $260.0 $258.1 3.14%3.12%2.87%2.86%2.78%1.0%1.5%2.0% 2.5%3.0%3.5% $- $90 $180 $270 $360 $4504Q201Q212Q213Q214Q21$ in millions Net Interest Income excld. Accretion** Accretion**Net Interest Income Net Interest Margin*

LOAN PRODUCTION VS LOAN GROWTH Dollarsinmillions(1)ExcludesloansheldforsaleandPPP;loanproductionindicatescommittedbalancetotal;loanportfoliogrowthindicatesquarter-over-quarterloanendingbalancegrowth,excludingloansheldforsaleandPPP*Thecombinedhistoricalinformationreferredtointhispresentationasthe“CombinedBusinessBasis”presentedisbasedonthereportedGAAPresultsoftheCompanyandCenterStatefortheapplicableperiodswithoutadjustmentsandtheinformationincludedinthisreleasehasnotbeenpreparedinaccordancewithArticle11ofRegulationS-X,andthereforedoesnotreflectanyoftheproformaadjustmentsthatwouldberequiredthereby.AllCombinedBusinessBasisfinancialinformationshouldbereviewedinconnectionthehistoricalinformationoftheCompanyandCenterState,asapplicable.**1Q19loanproductionexcludesproductionfromNationalBankofCommerce(“NBC”);NationalCommerceCorporation,theholdingcompanyofNBC,wasacquiredbyCenterStatein2Q201913 $1,256**$1,791 $1,933 $2,079 $1,699 $1,470 $1,535 $1,879 $1,834 $2,355 $2,636 $3,129 $180 $82 $267 $153 $180 $(372)$(277)$(155)$(185)$169 $573 $396 -$500$240$980$1,720$2,460 $3,2001Q19*2Q19*3Q19*4Q19*1Q20*2Q20*3Q204Q201Q212Q213Q214Q21$ in millions Loan Production (1) Loan Portfolio Growth (1)

QTD Production ($mm)$1,413$1,332$1,381 Refinance37%30%31% Purchase63%70%69%MORTGAGE BANKING DIVISION (1)Includes pipeline, LHFS and MBS forwards14 Highlights Quarterly Mortgage Production Gain on Sale Margin 4Q203Q214Q21 Secondary Market Gain on Sale, net$44,690$12,484$15,417Fair Value Change(1)(20,255)1,640(5,081)Total Secondary Market Mortgage Income$24,435$14,124$10,336 MSR Servicing Fee Income$3,010$3,781$3,620Fair Value Change(2,283)(2,344)(1,912)Total MSR-Related Income$727$1,437$1,708Total Mortgage Banking Income$25,162$15,561$12,044•Mortgage banking income of $12.0 million in 4Q 2021 compared to $15.6 million in 3Q 2021•Secondary pipeline at 4Q 2021 of $254 million, as compared to $410million at 3Q 2021 4.56%4.33%2.85%3.13%2.83%4Q201Q212Q213Q214Q21 Mortgage Banking Income ($mm) 47%53%4Q21 28%72%4Q20 Portfolio Secondary 46%54%3Q21

•Provides capital markets hedging (ARC), fixed income sales, international, clearing and other services to over 1,000 financial institutions across the country CORRESPONDENT BANKING DIVISION1,060 Financial Institution Clients15 $27.8 $28.7 $25.9 $25.2 $30.2 $0.0$5.0$10.0$15.0$20.0$25.0 $30.0$35.0 $- $5 $10 $15 $20 $25 $30 $354Q201Q212Q213Q214Q21$ in millionsCorrespondent Revenue Breakout ARC Revenues FI Revenues Operational RevenuesTotal Revenue

Interest Rate Sensitivity

CASH & SECURITIES Dollarsinbillions*Thecombinedhistoricalinformationreferredtointhispresentationasthe“CombinedBusinessBasis”presentedisbasedonthereportedGAAPresultsoftheCompanyandCenterStatefortheapplicableperiodswithoutadjustmentsandtheinformationincludedinthisreleasehasnotbeenpreparedinaccordancewithArticle11ofRegulationS-X,andthereforedoesnotreflectanyoftheproformaadjustmentsthatwouldberequiredthereby.AllCombinedBusinessBasisfinancialinformationshouldbereviewedinconnectionthehistoricalinformationoftheCompanyandCenterState,asapplicable,includedintheAppendixtothispresentation.17 $4.1 $4.4 $3.3 $3.7 $4.5 $5.3 $5.7 $6.4 $7.1 $0.6 $2.0 $4.0 $4.1 $4.2 $5.6 $5.9 $5.7 $6.4 $4.7B $6.4B $7.3B $7.8B $8.7B $10.9B $11.6B $12.1B $13.5B 1.80%1.38%0.69%0.65%0.86%1.32%1.59%1.33%1.53%0.0%0.5% 1.0%1.5%2.0%2.5%3.0% $- $1.0 $2.0 $3.0 $4.0 $5.0 $6.0 $7.0 $8.0 $9.0 $10.0 $11.0 $12.0 $13.0 $14.0 $15.04Q19*1Q20*2Q203Q204Q201Q212Q213Q214Q21$ in billions Investments ($) Fed Funds & Int. Earning Cash ($) Avg. 10-Yr Treasury

EXCESS LIQUIDITY PROVIDES SIGNIFICANT TAILWIND (1)Source:S&PGlobalMarketIntelligence;PeersasdisclosedinthemostrecentSSBproxystatement;The4Q21averagesarebasedonMRQsavailableasofJanuary21,2022*Thecombinedhistoricalinformationreferredtointhispresentationasthe“CombinedBusinessBasis”presentedisbasedonthereportedGAAPresultsoftheCompanyandCenterStatefortheapplicableperiodswithoutadjustmentsandtheinformationincludedinthisreleasehasnotbeenpreparedinaccordancewithArticle11ofRegulationS-X,andthereforedoesnotreflectanyoftheproformaadjustmentsthatwouldberequiredthereby.AllCombinedBusinessBasisfinancialinformationshouldbereviewedinconnectionthehistoricalinformationoftheCompanyandCenterState,asapplicable,includedintheAppendixtothispresentation.18 1.8% 5.8% 10.6% 10.9% 11.2% 14.1% 14.6% 13.9% 15.2% 12.4% 12.4% 8.7% 9.9% 11.8% 13.3% 14.2% 15.7% 17.1%3.0%3.2%5.5%5.5%7.4%8.8%9.7%10.5%9.5%18.6%18.8%17.9%18.4%18.6%19.3%20.3%21.0%21.1%-1.0%4.0%9.0%14.0%19.0%0%4%8%12%16%20%4Q19*1Q20*2Q20*3Q204Q201Q212Q213Q214Q21 Fed Funds & Interest Earning Cash / Assets Investments / Assets Peer Avg. - Fed Funds & Interest Earning Cash / Assets (1) Peer Avg. - Investments / Assets (1)

INTEREST RATE RISK PROFILE 29.6%40.1%14.9%20.4% $- 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0%% Change in Consensus AdjustedNet Income Year 1% Change in Consensus AdjustedNet Income Year 2Static Balance Sheet Instantaneous Rate Shock Up 200 Up 10019 49.0%49.0%30.7%41.5%20.2%9.5%0.0%10.0%20.0%30.0%40.0%50.0%60.0% Variable Equals 1 Month or Less Variable Equals 12 Months or LessLoan Repricing Frequency (excluding PPP) Fixed Variable Adjustable

WELL-POSITIONED FOR HIGHER RATES –HISTORICAL DEPOSIT BETA* *Thecombinedhistoricalinformationreferredtointhispresentationasthe“CombinedBusinessBasis”presentedisbasedonthereportedGAAPresultsoftheCompanyandCenterStatefortheapplicableperiodswithoutadjustmentsandtheinformationincludedinthisreleasehasnotbeenpreparedinaccordancewithArticle11ofRegulationS-X,andthereforedoesnotreflectanyoftheproformaadjustmentsthatwouldberequiredthereby.AllCombinedBusinessBasisfinancialinformationshouldbereviewedinconnectionthehistoricalinformationoftheCompanyandCenterState,asapplicable.20 0.12% 0.12% 0.11% 0.11% 0.12% 0.13% 0.15% 0.17% 0.19% 0.25% 0.34% 0.44% 0.52% 0.56% 0.64%0.16%0.37%0.37%0.40%0.45%0.70%0.95%1.16%1.20%1.45%1.74%1.92%2.22%2.40%2.40%1.58%1.37%1.24%1.12%1.61%1.94%1.80%1.81%2.07%2.53%2.76%2.80%2.88%2.47%2.12%0.0%0.5% 1.0%1.5%2.0%2.5% 3.0%4Q151Q162Q163Q164Q161Q172Q173Q174Q171Q182Q183Q184Q181Q192Q19 Cost of Deposits Average Fed Funds Rate Average 5-YR UST 4Q15 -2Q19 SouthState total deposit beta (including DDA) equal to 24%

Balance Sheet Strength

CAPITAL RETURN TO SHAREHOLDERS $38.6$50.6$57.7$98.3$135.3$68.4$156.9$24.7$146.4 $38.6 $119.0 $214.6 $123.0 $281.7 $0$80$160$240$32020172018201920202021$ in millions Dividends Equity Repurchases22•Returned $281.7 million to shareholders in 2021 through share repurchases and dividends•1.8 million shares repurchased in 2021 represents 2.6% of outstanding shares •Annual dividend of $1.92 represents an attractive dividend yield of 2.3%(1) Dollars in millions(1)Dividend yield based on stock price as of January 21, 202222

LOAN AND DEPOSIT TRENDS $22.7 $22.5 $22.7 $23.3 $23.7 $1.9 $1.9 $1.3 $0.5 $0.2 $24.6B $24.4B $24.0B $23.8B $23.9B $23.4B $23.6B $23.8B $24.0B $24.2B $24.4B $24.6B $24.8B $- $10 $20 $304Q201Q212Q213Q214Q21$ in billionsLoans(1) Total Loans PPP Dollarsinbillions(1)Excludesloansheldforsale23 $9.7 $10.8 $11.2 $11.4 $11.5 $7.0 $7.4 $7.7 $7.9 $9.0 $10.3 $10.8 $11.0 $11.3 $11.8 $3.7 $3.5 $3.3 $3.0 $2.8 $30.7B $32.4B $33.2B $33.6B $35.1B $- $50,000,000.0B $100,000,000.0B $150,000,000.0B $200,000,000.0B $250,000,000.0B $300,000,000.0B $350,000,000.0B $- $10 $20 $30 $404Q201Q212Q213Q214Q21$ in billionsDeposits Noninterest-bearing Checking Interest-bearing Checking MMA & Savings Time Deposits

CDL (1)9%Investor CRE (2)31%Owner-Occupied CRE21%C&I15%Consumer RE20%Cons / Other4%TOTAL LOAN PORTFOLIO24 Data as of December 31, 2021Loan portfolio balances, average balances or percentage exclude loans held for sale and PPP loans(1) CDL includes residential construction, commercial construction, and all land development loans (2) Investor CRE includes nonowner-occupied CRE and other income producing property Loan TypeNo. of LoansBalanceAvg. Loan BalanceConstr., Dev. & Land5,420$ 2.03B $ 374,400 Investor CRE9,391 7.43B 791,400 Owner-Occupied CRE8,144 4.97B 610,300 C & I16,958 3.51B 207,400 Consumer RE38,314 4.81B 125,500 Cons / Other45,568 0.93B 20,400Total123,795$23.68B$191,300 Loan RelationshipsTop 10Represents ~ 3% of total loansTop 20Represents ~ 5% of total loansLoans by TypeTotal Loans$23.7 Billion

59%41%33%51%8%8%0%20%40%60%80%100%SSBPeer Average (1)Deposit Mix vs. Peers Checking Accounts MM & Savings Time Deposits PREMIUM CORE†DEPOSIT FRANCHISE Noninterest-bearing Checking$11.5Interest-bearing Checking$9.0 Savings$3.4 Money Market$8.4 Time Deposits$2.825 Data as of December 31, 2021Dollars in billions† Core deposits defined as non-time deposits(1) Source: S&P Global Market Intelligence; 4Q21 MRQs available as of January 21, 2022; Peers as disclosed in the most recent SSB proxy statementTotal Deposits$35.1 Billion Commercial66%Retail34%Deposits by Type Checking Accounts(Noninterest & Interest-bearing)•Total cost of deposits for 4Q21: 6 bps•~ 816 thousand checking accounts / ~1.2 million total deposit accounts

ASSET QUALITY METRICS Dollarsinmillions(1)ExcludesloansheldforsaleandPPPloans 0.01%(0.00)%0.03%0.00%0.02%-0.01%0.16%0.33%0.50%4Q201Q212Q213Q214Q21Net Charge-Offs (Recoveries) to Loans 0.48%0.46%0.38%0.40%0.35% 0.0% 0.2% 0.4% 0.6% 0.8% 1.0%4Q201Q212Q213Q214Q21Nonperforming Assets to Loans & OREO 3.28%3.12%2.92%2.65%2.11%2.03%1.84%1.68%1.48%1.02%1.25%1.28%1.24%1.17%1.09%0%1%2% 3%4%4Q201Q212Q213Q214Q21Criticized & Classified Asset Trends Combined Special Mention / Assets Substandard / Assets26 1.1%0.8%0.5%0.1%0.0%0.0%0.2%0.4%0.6%0.8% 1.0%1.2% $- $1,000 $2,000 $3,000 $4,000 $5,000 $6,0004Q201Q212Q213Q214Q21Loan Deferrals (1)

CAPITAL RATIOS (1)Preliminary* The tangible measures are non-GAAP measures and exclude the effect of period end balance of intangible assets -See reconciliation of GAAP to Non-GAAP measures in Appendix27 3Q214Q21(1) Tangible Common Equity * 7.8%7.7% Tier 1 Leverage 8.1%8.1% Tier 1 Common Equity 11.9 %11.8% Tier 1 Risk- Based Capital 11.9 %11.8% Total Risk- Based Capital 13.8 %13.6%BankCRE Concentration Ratio 236 %239%Bank CDL Concentration Ratio 57 %55%

Appendix

PPNR(1) Dollars in millions(1)Adjusted PPNR is a Non-GAAP financial measure that excludes the impact of merger-related expenses and extinguishment of debt cost -See reconciliation of GAAP to Non-GAAP measures in Appendix* Accretion includes PPP loans deferred fees and loan discount accretion29 $114.4 $108.8 $92.9 $110.6 $119.2 $29.3 $30.8 $20.5 $21.6 $13.4 $143.7 $139.6 $113.4 $132.2 $132.6 $- $50 $100 $150 $2004Q201Q212Q213Q214Q21$ in millions PPNR excld. Accretion* Accretion *

CURRENT & HISTORICAL 5-QTR PERFORMANCE DollarsinmillionsTotalrevenueandnoninterestincomeareadjustedbysecuritiesgainsorlosses;TaxequivalentNIM,efficiencyratioandadjustedefficiencyratioareNon-GAAPfinancialmeasures;AdjustedEfficiencyRatioexcludestheimpactofbranchconsolidation,merger-relatedexpenses,securitiesgainsorlosses,extinguishmentofdebtcost,FHLBAdvancesprepaymentpenalty,swapterminationexpense,incometaxbenefitrelatedtothecarrybackoftaxlossesundertheCARESActandamortizationexpenseonintangibleassets,asapplicable–SeeCurrent&HistoricalEfficiencyRatioandNetInterestMarginreconciliationinAppendix30 3.14%3.12%2.87%2.86%2.78%1.0%1.5% 2.0% 2.5%3.0%3.5%4.0%4.5% $200 $220 $240 $260 $280 $3004Q201Q212Q213Q214Q21 $ in millions Net Interest Margin (“NIM”) NIM ($) NIM (%) 73%73%76%75%74%27%27%24%25%26% $363M $358M $332M $347M $350M 1.53%0.0%0.5% 1.0%1.5%2.0%2.5%3.0% 0% 20% 40% 60% 80% 100% 120%4Q201Q212Q213Q214Q21Revenue Composition NIM / Revenue Noninterest Income / Revenue Avg. 10-year UST Total Revenue $98 $96 $79 $87 $92 1.03%1.02%0.80%0.85%0.88%0.4%0.5% 0.6% 0.7% 0.8% 0.9% 1.0% 1.1% 1.2% 1.3% 1.4% $- $20 $40 $60 $80 $100 $120 $1404Q201Q212Q213Q214Q21 $ in millions Noninterest Income Noninterest Income Noninterest Income / Avg. Assets 74%61%76%64%61%58%58%63%59%59% 0% 15% 30% 45% 60% 75% 90%4Q201Q212Q213Q214Q21Efficiency Ratio Efficiency Ratio Adjusted Efficiency Ratio

LOSS ABSORPTION CAPACITY | 4Q 2021 Dollars in millions(1)Excludes PPP loans and loan held for sale(2)Includes mark on loans from CSFL and prior SSB acquisitions31 4Q21% of Total Loans (1) Allowance for Credit Losses (“ACL”) Non-PCD ACL$225.2PCD ACL76.6Total ACL$301.81.27% Reserve for Unfunded Commitments Reserve for unfunded commitments30.50.13%Total ACL plus Reserve for Unfunded Commitments$332.31.40%Unrecognized Discount –Acquired Loans (2)68.00.29%Loss Absorption Capacity$400.31.69%Total Loans Held for Investment (1)$23,684

BRANCH OPTIMIZATION 85 BranchesAverage Size $40M 420 Branches Acquired Plus12 DeNovo Branches 236 Branches Consolidated or Sold 281 BranchesAverage Size $125M ~213% growth in deposits per branch 854322362812009 …..……………..………..……....…………………………….. 202132

Best in ClassPlatformsDIGITAL INVESTMENTS Consumer Mobile/OnlineFinanceRisk/Audit Wealth SBA Platform SSB Website33

PPP UPDATE3434•As of 4Q21, approximately 92%, or $3.0 billion of PPP loans have been forgiven by the SBA (1)•In 4Q21, we recognized PPP deferred fees of $5.7 million•Approximately $1.1 million of PPP fees remaining to recognize•Average loan amount fully forgiven of $113 thousand(1)ThetotalforgivendollaramountrepresentsapprovedbytheSBAandprocessedPPPloans $263 $2,955 $- $400 $800 $1,200 $1,600 $2,000 $2,400 $2,800 $3,200 $3,600PPP Totals ($ in millions) Not Forgiven Forgiven

DollarsinthousandsThetangiblemeasuresarenon-GAAPmeasuresandexcludetheeffectofperiodendoraveragebalanceofintangibleassets;thetangiblereturnsonequityandcommonequitymeasuresalsoaddbacktheafter-taxamortizationofintangiblestoGAAPbasisnetincome.35NON-GAAP RECONCILIATIONS –RETURN ON AVG. TANGIBLE COMMON EQUITY & PPNR RETURN ON AVG. ASSETS Return on Average Tangible Equity3Q214Q21Net income (GAAP)122,788$ 106,846$ Plus:Amortization of intangibles8,543 8,517 Effective tax rate, excluding DTA write-off20% 21% Amortization of intangibles, net of tax6,829 6,735 Net income plus after-tax amortization of intangibles (non-GAAP)129,617$ 113,581$ Average shareholders' common equity, excluding preferred stock4,773,451$ 4,794,414$ Less:Average intangible assets1,722,9151,713,888Average tangible common equity3,050,536$ 3,080,526$ Return on Average Tangible Common Equity (Non-GAAP)16.9%14.6%PPNR Return on Average Assets 3Q214Q21PPNR, Adjusted (Non-GAAP)132,260$ 132,604$ Average assets 40,593,766 41,359,708 PPNR ROAA1.29%1.27%

NON-GAAP RECONCILIATIONS –ADJUSTED NET INCOME & ADJUSTED EARNINGS PER SHARE (“EPS”) Dollarsinthousands,exceptforpersharedata36 Adjusted Net Income3Q214Q21Net income (GAAP)122,788$ 106,846$ Plus:Securities gains, net of tax(51) (2) Merger and branch consolidation related expense, net of tax14,083 5,255 Adjusted Net Income (Non-GAAP)136,820$ 112,099$ Adjusted EPS 3Q214Q21Adjusted diluted weighted-average common shares70,576 70,290 Adjusted net income (non-GAAP)136,820$ 112,099$ Adjusted EPS, Diluted (Non-GAAP)1.94$ 1.59$

NON-GAAP RECONCILIATIONS –ADJUSTED RETURN ON AVG. ASSETS & AVG. TANGIBLE COMMON EQUITY DollarsinthousandsThetangiblemeasuresarenon-GAAPmeasuresandexcludetheeffectofperiodendoraveragebalanceofintangibleassets;thetangiblereturnsonequityandcommonequitymeasuresalsoaddbacktheafter-taxamortizationofintangiblestoGAAPbasisnetincome.Dollars in thousands, except for per share data37 Adjusted Return on Average Assets3Q214Q21Adjusted net income (non-GAAP)136,820$ 112,099$ Total average assets40,593,766 41,359,708 Adjusted Return on Average Assets (Non-GAAP)1.34%1.08%Adjusted Return on Average Tangible Common Equity3Q214Q21Net operating earnings (non-GAAP)136,820$ 112,099$ Plus:Amortization of intangibles, net of tax6,829 6,735 Net operating earnings plus after-tax amortization of intangibles (non-GAAP)143,649$ 118,834$ Average tangible common equity3,050,536$ 3,080,526$ Adjusted Return on Average Tangible Common Equity (Non-GAAP)18.68%15.30%

NON-GAAP RECONCILIATIONS –NET INTEREST MARGIN & CORE NET INTEREST INCOME (EXCLD. FMV & PPP ACCRETION) DollarsinthousandsDollars in thousands, except for per share data38 Net Interest Margin - Tax Equivalent (Non-GAAP)4Q201Q212Q213Q214Q21Net interest income (GAAP)265,547$ 261,998$ 253,130$ 259,986$ 258,104$ Tax equivalent adjustments1,662 1,286 1,424 1,477 1,734 Net interest income (tax equivalent) (Non-GAAP)267,209$ 263,284$ 254,554$ 261,463$ 259,838$ Average interest earning assets33,853,006$ 34,231,928$ 35,631,605$ 36,218,437$ 37,031,640$ Net Interest Margin - Tax Equivalent (Non-GAAP)3.14%3.12%2.87%2.86%2.78%Core Net Interest Margin excluding FMV & PPP Accretion (Non-GAAP)3Q214Q21Net interest income (GAAP)259,986$ 258,104$ Less: Total accretion on acquired loans5,243 7,707$ Deferred fees on PPP loans16,369 5,655$ Core Net Interest Margin excluding FMV & PPP Accretion (Non-GAAP)238,374$ 244,742$

NON-GAAP RECONCILIATIONS –PPNR, ADJUSTED & CORRESPONDENT & CAPITAL MARKETS INCOME (UNAUDITED) Dollarsinthousands39 4Q201Q212Q213Q214Q21SSBSSBSSBSSBSSB ARC revenues19,446$ 10,370$ 9,433$ 9,853$ 16,686$ FI revenues6,139 15,052 14,280 13,139 11,317 Operational revenues2,166 3,326 2,164 2,172 2,213 Total Correspondent & Capital Market Income27,751$ 28,748$ 25,877$ 25,164$ 30,216$ Correspondent & Capital Market Income PPNR, Adjusted (Non-GAAP) 4Q201Q212Q213Q214Q21 SSBSSBSSBSSBSSB Net interest income (GAAP)265,547$ 261,998$ 253,130$ 259,986$ 258,104$ Plus: Noninterest income 97,871 96,285 79,020 87,010 91,894 Less: Gain on sale of securities35 - 36 64 2 Total revenue, adjusted (non-GAAP)363,383$ 358,283$ 332,114$ 346,932$ 349,996$ Less: Noninterest expense278,398 228,711 263,383 232,290 224,037 PPNR (Non-GAAP)84,985$ 129,572$ 68,731$ 114,642$ 125,959$ Plus: Non-recurring items58,679 10,009 44,676 17,618 6,645 PPNR, Adjusted (Non-GAAP)143,664$ 139,581$ 113,407$ 132,260$ 132,604$

NON-GAAP RECONCILIATIONS –CURRENT & HISTORICAL: EFFICIENCY RATIOS & NET INTEREST MARGIN(UNAUDITED) Dollarsinthousands(1)Non-recurringitemsincludeintangibleassets’amortizationexpensesfortheadjustedefficiencyratios40 4Q201Q212Q213Q214Q21 SSBSSBSSBSSBSSB Noninterest expense (GAAP)278,398$ 228,711$ 263,383$ 232,290$ 224,037$ Less: Amortization of intangible assets9,760 9,164 8,968 8,543 8,517 Adjusted noninterest expense (non-GAAP)268,638$ 219,547$ 254,415$ 223,747$ 215,520$ Net interest income (GAAP)265,547$ 261,998$ 253,130$ 259,986$ 258,104$ Tax Equivalent ("TE") adjustments1,662 1,286 1,424 1,477 1,734 Net interest income, TE (non-GAAP)267,209$ 263,284$ 254,554$ 261,463$ 259,838$ Noninterest income (GAAP)97,871$ 96,285$ 79,020$ 87,010$ 91,894$ Less: Gain (loss) on sale of securities35 - 36 64 2 Adjusted noninterest income (non-GAAP)97,836$ 96,285$ 78,984$ 86,946$ 91,892$ Efficiency Ratio (Non-GAAP)74%61%76%64%61% Noninterest expense (GAAP)278,398$ 228,711$ 263,383$ 232,290$ 224,037$ Less: Non-recurring items(1)68,439 19,173 53,644 26,161 15,162 Adjusted noninterest expense (non-GAAP)209,959$ 209,538$ 209,739$ 206,129$ 208,875$ Adjusted Efficiency Ratio (Non-GAAP)58%58%63%59%59% Average Interest-earning Assets33,853,006$ 34,231,928$ 35,631,605$ 36,218,437$ 37,031,640$ Net interest income, TE (non-GAAP)267,209 263,284 254,554 261,463 259,838 Net Interest Margin (Non-GAAP)3.14%3.12%2.87%2.86%2.78%

NON-GAAP RECONCILIATIONS –CURRENT & HISTORICAL: INVESTMENTS, FED FUNDS SOLD & INT. EARNING CASH(UNAUDITED) Dollarsinthousands(1)Doesnotincludepurchaseaccountingadjustments*Thecombinedhistoricalinformationreferredtointhispresentationasthe“CombinedBusinessBasis”presentedisbasedonthereportedGAAPresultsoftheCompanyandCenterStatefortheapplicableperiodswithoutadjustmentsandtheinformationincludedinthisreleasehasnotbeenpreparedinaccordancewithArticle11ofRegulationS-X,andthereforedoesnotreflectanyoftheproformaadjustmentsthatwouldberequiredthereby.41 2Q203Q204Q201Q212Q213Q214Q21 SSBCSFL Combined (1)SSBCSFL Combined (1)SSBSSBSSBSSBSSBSSBSSB Fed Funds & Interest Earning Cash426,685$ 163,890$ 590,575$ 1,003,257$ 1,033,586$ 2,036,843$ 3,983,047$ 4,127,250$ 4,245,949$ 5,581,581$ 5,875,078$ 5,701,002$ 6,366,494$ Investments2,005,171 2,094,614 4,099,785 2,034,189 2,342,822 4,377,011 3,271,148 3,747,128 4,446,657 5,267,271 5,719,031 6,433,631 7,173,947 Total Assets15,921,092$ 17,142,025$ 33,063,117$ 16,642,911$ 18,596,292$ 35,239,203$ 37,725,356$ 37,819,366$ 37,789,873$ 39,730,332$ 40,375,869$ 40,903,708$ 41,960,032$ Fed Funds & Interest Earning Cash / Assets 1.8%5.8%10.6%10.9%11.2%14.1%14.6%13.9%15.2% Investments / Assets12.4%12.4%8.7%9.9%11.8%13.3%14.2%15.7%17.1% Combined Business Basis* 4Q19 1Q20

NON-GAAP RECONCILIATIONS –TANGIBLE BOOK VALUE / SHARE & TANGIBLE COMMON EQUITY RATIO Dollarsinthousands,exceptforpersharedata42 Tangible Book Value per Common Share4Q201Q212Q213Q214Q21Shareholders' common equity (excludes preferred stock)4,647,880$ 4,719,820$ 4,757,623$ 4,792,941$ 4,802,940$ Less: Intangible assets1,726,534 1,733,619 1,726,211 1,717,669 1,709,152 Tangible shareholders' common equity (excludes preferred stock)2,921,346$ 2,986,201$ 3,031,412$ 3,075,272$ 3,093,788$ Common shares issued and outstanding70,973,477 71,060,446 70,382,728 69,918,037 69,332,297 Tangible Book Value per Common Share (Non-GAAP)41.16$ 42.02$ 43.07$ 43.98$ 44.62$ Tangible Common Equity ("TCE") Ratio3Q214Q21Tangible common equity (non-GAAP)3,075,272$ 3,093,788$ Total assets (GAAP)40,903,708 41,960,032 Less:Intangible assets1,717,669 1,709,152 Tangible asset (non-GAAP)39,186,039$ 40,250,880$ TCE Ratio (Non-GAAP)7.8%7.7%