SSB - Earnings call transcript Q3 2018

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Operator

Good morning and welcome to the South State Corporation Quarterly Earnings Conference Call. Today's call is being recorded and all participants will be in listen-only mode for the first part of the call. Later we will open the line for questions with the research analyst community. I will now turn the call over to Jim Mabry, South State Corporation, Executive Vice President in-charge of Investor Relations and M&A.

Jim Mabry

Thank you for calling in today to the South State Corporation Earnings Conference Call.

to our that financial want forward-looking discussion I regarding statements condition beginning, remind the listeners contains Before and results. Slide regarding non-GAAP to statements refer number cautions for Please regarding and discussion the measures. of use X forward-looking I Executive the who Chief Hill, Officer like would will to now Robert our introduce call. begin

Robert Hill

joining. thank Good morning and you for

interest for represents with continued has by $X.XX us. XX.X assets for quarter growth, net quarter of This also value results pleased gone quality, contraction. lower The control expenses book largely return income, complete. undergone margin X.XX% related in and million or XX.XX%. third tangible X.XX% is mostly The the quarter. balance average return was the and strong of well $X.XX third expense Sterling XX.X merger a share. modest net per were represents assets earnings been impacted income million were third tangible behind with share. XX.X%. on year State of and asset per reflects on equity equity is the Park return loan average repositioning average merger we transition for has loan fee and or on sound growth average I'm and tangible sheet a have progress return South a and Adjusted Net This of levels on a The the This of made and

double loan added customers new XXX Our treasury our North the have we Carolina growth, on and quarter markets this digit led bank to with platform.

both and loan pipelines underlying loan loan commercial muted owner-occupied remains are growth loan and experienced growth strong net is While loans. solid. We've consumer in production

were and for flat also Our year-to-date. quarter loans CRE the

ability opportunity environment. Durbin producers of entrepreneurial continue loan The hired this and in have going year a with hire to of the income impact our growing expense, additions to contributing that levels top the of growth. near recognition production. term brand into higher reflects proposition making fee in to We We lower the the headwinds XXXX. amendment, see to do net team the talent and more work slower experienced are interest the to face to number We due a

each and and has communities. help significant liquid proud a are the below historical to great XXXX balance impact North storm revenue parts to many and sheet time taken and we we our South with for balance steps of will the of overall of effects team our sheet customers have of While a other move levels growth position and and strong performance I'm South optionality rebuild. Hurricane State long-term Carolina Florence considerable response forward. to as for of on the resources require the in

relief organizations state the will with partnering the We emergency fund be contributions communities cell have in additional to most impacted. made and

for the board X, Our $X.XX for per the the of now financial $X.XX detail quarter. John of has Pollok November I'll record over dividend to performance XXXX. call of more share shareholders turn declared quarter last higher as cash to a on quarterly than

John Pollok

is is on Thank our achieved number talent Sterling goals. you, us. an you Slide periods The sheet Robert. merger merger. merger we behind Beginning Balance complete mostly additional and have update in the with repositioning, give hired will for we X, integration which us post Park standard

years long levels. impact core with the funded beneficial short-term on to it over run. in is While concentration earnings this remixing the balance low be end a result The has proven sheet has a

net our XX capital end. to interest decreased see $X.X X, same to million, or periods. XXX% income you a million. quarter number at CLD $X.X nice capital also these increased $X.X through at risk-based have from to CRE lower earnings had interest expense down build Total from XXX% in helping income million. risk-based XX% that basis but levels quarter XX% declined We capital for our net margin Slide interest points by can increased and On interest linked by year-end

loan linked yields points that was in to respectively. accretion legacy in increased accretion XX% of X, number loan in yields, yield markets. loan The in and had although loan X quarter, represented on compared the impact a third. book an basis basis our loan quarters, second mix limiting on and increased acquired Slide loan you for the total as flat points X on loan the This X of our assets expansion acquired yield result our the loan shown growth yield higher-yielding interest-earning number impact total quarter X. Our from change the shows Slide both competition quality has excluding is XX%

had deposits competition we for course as Of significant well.

funds points cost of quarter by increased XX XX to Our points. linked basis basis

markets. money our in certificate As and deposit market have of expanded rates

Our funding, strong funds limited rate increased million this the which by of of low cost of a use wholesale is deposits non-interest-bearing this quarter. in environment very benefited average rising $XX by

period million, deposits. ending of deposits this Our quarter $XX million a which of by reduction brokered was declined XX

$X our totaled efficiency mostly Slide The we linked in the due shows Durbin we reduction merger down ratio in and optionality that $XX million good rates XX.X% million revenues. the amendment. our banking recoveries to Slide adjustable-rate million also due this X.X bankcard activity consolidation Wealth cycle with $X.X lower EPS income. be income from million Like $X.X mortgage management us portfolio mortgages. to While had we in lower strong to million lower like are this adjusted our available quarter in quarter due industry X $X.XX a of number much reduction costs. due of some is secondary across to mortgage funded another balance number non-interest with lower acquired due the remainder tightening costs $XXX to to million footprint is continue the to are continue Fed $XXX,XXX XX.X%, shows to deposit loan expense less increase mostly seeing Durbin. to the Noninterest and income and expect market higher eight quarter, core in to or sheet. during in under X, pressure

number $X.XX. over the first expenses totaled these expense. to increase $XX.X bringing quarter, $XX.XX. to a expense the year-to-date to quarter. this variances in shows Robert $X.XX XXXX. total of expense increase $X.XX tangible comments. higher XX for some costs the from and book represents benefits this a XX months number EPS call now than year-to-date XX% This information employee earnings OREO Slide turn adjusted main nine of quarter Excluding FDIC value down will I $XXX,XXX adjusted offset were our services The this share more summary per by salaries million, and Slide noninterest lower shows adjusted for

Robert Hill

look upcoming to excited our investor our in questions. an John. acquisition the system next years in I first for few this vision is day for prepared sharing This additional about you, open conversion This not to the to do and company growth. remarks, time detail ask Thank New forward opportunity so we concludes at the people and We're focus that using systems to York. intently would our I'm the operator position years or the more call to on in in more like two pending. investments have

Operator

first Please Our question go Instructions] comes ahead. Catherine [Operator of Mealor from KBW.

Catherine Mealor

fees. that repositioning anything leverage revenue can had of we and you of that the your with there on the those about end in of are you then revenue the at balance the in investments that potential And an the expense quarters expense headwinds savings are that you couple are could try now there And not sheet expense that past remarks still have and in side the the would and right of cost is side think then some of people we headwinds? side? that got light seeing you because the the offset where systems middle on offset I'm on how margin making then where to mentioned you see the Robert acquisition you in

Robert Hill

Catherine start this Robert, is off. I'll

I if our of kind levels at overhead where look they are efficiency not think be. you could accretible ex our yield

we there that various a at So do we the begin are projects at that’s a I side our be technology of look lot a in do just think there's to things how think to improve And the that. I expense think where those where and you of XXXX. lot look in see that's them every implemented lot to will we overarching year are processes on behind I place

been So if headwinds revenue revenue at and think the we have expense have been talking I look have meaningful. number you the for the while side a of we about now and overall,

balance have the the on remixing sheet. We had

We have had Durbin amendment. the

of for revenue to really there some building a kind what to was well efficiency point end accretable but opportunity those was loan other were continued the growth not so time some 'XX funding diverse very as where revenue at have stabilizes, shows yield move wanted the our us we we that to we expense credit our do is revenue subside I really and be lot as higher our are sheet our you not our yield, in there. and year move behind the deposits of on despite to totally do at make we at shareholders funds. and us we ex-accretable think ratio our But in way that for things a but full, begins we're at behind they're not to value that on Fed we the have to level us are that We positioned. cost certainlysay will the term, And sheet capital balance time and and felt getting is the turn starting that begin point got of number sure was they We've 'XX short-term this the the felt core kind had priority but least the I up best the as look strong. cost balance stabilize remix this to little believe near protected seen like we bit past balance going believe we some headwinds all into opportunities, I growth given think

revenues there so with is to comes as on focus shape sure have are think that put those balance revenue the that the remix opportunities that's we I move our more to this into ability sheet we And of for there year today. are would past, and much make say was expenses pretty year years in expense we and but sheet some balance said, to good or than was 'XX I management very that a better they in an and ahead end where time been and an that

Catherine Mealor

be to helpful, like complete mostly that's on and what forward? just pace run Robert point normal then the super moving seems about Okay, run your to we acquired thank should you other of at a acquired where off. off inflection and that's one It thing an think

John Pollok

it'll past This is we the think quarter ultimately at complete it's the that next but think to one loan get after back to John, to I tell be get going to growth. I net remix quarter easier more

kind of I at growth retrenched kind in we've of mid-single that to to pace, net wanted get So if think said I then you so sheet get and loan digit balance that growth. back now to our a loan to ultimately get we've kind I the digit, past got to always gotten it's mid-single we've record down what going to to think gotten hurdle net we and done then of the as right where we've look track

strong, production production are on strong Our very side. very, levels the very

done we that So in the think get want. sheet to it's issue, get you don't not you production really assets we've want the that believe past I the ones is a of rid balance that retrenched as the but

get of in come part we so the net this in last number. as call I year think XXXX, really said the last grew loan to think going to XX% it's the growth I retrenching I all and out in

Operator

O'Neill. ahead. Our comes of Stephen next Sandler from question Scouten Please go

Stephen Scouten

following maybe just last up you comments and those curious on was I made.

bit. could you're of production, sort on a of you any year-over-year loan kind If or focus put little seeing or the numerical that to representation origination what color quarter-over-quarter wise

Robert Hill

million production at $XXX secondary So QX QX. was it overall this on in We that's in quarter loan approximately QX, get market year. kind XXX in we balance loan what million do you in type QX. was and right best QX mortgage lending. XXX That's all of if obviously our production million sheet look The of

of QX some in the churn QX for still to X% we're in but stages production. had this we you loan experienced This that more but So think year. that speaks of have I in the growth sure later X%

year-over-year was think North North of Carolina QX. Carolina I other was I thing is up the getting insightful remarks my it, X%, are where share mentioned South in kind in to X%. was XX% The Carolina so we up up

builder Virginia Georgia out little been a book and that So grower. that's just in slower Virginia that's shrinking finance headwind the been a so of had of more been and

strategy as estate There nice portfolio there is but did look real of occupied area we muted at or there the last wanted is overall So obviously approximately where growth I non-owner we that’s consumer thing historically production -- occupied our really also we the to some our the that. be you where commercial growth been feel a are Again and not CRE same we this if number look the with X%. is pretty in would was remixing where that's been but growth well. churn have say, then loan to be, and owner think The if comment X% I we would about, been you obviously components good flat. third getting year begin is a of

if So pretty think or loan and look, production by by you quality. we market the volume about good overall, I segment the overall or feel

Stephen Scouten

And of said, I you we you loan have kind that high know single think remixing? can to as balance of we you this return but number kind out as there digit coded kind net a think if do XXXX about of growth past get pace sheet may

John Pollok

-- has think think year that's of if we level remixing without this that at volume I if on pace have I you been remixing some but I it. and So would the what that think muted look the CRE

strong continues be pipeline to because production our be continue markets I our be think to strong robust. our continue to will very So

lot are opportunities. of there a new So

first. that So we I more But logical to to that unknown see much only I feel we that will slowdown. be The good about is to remixing seems it it want say that the Stephen part. how see would CRE of begin

Stephen Scouten

said term. thinking the bit the in think maybe That here makes will that about deposit how sense. not mean of and little but And kind about point I John a near just I obviously pressure side slowdown some at talked NIM, impacts you the pricing

me been just you do because you level is surprised given the cost that deposit the are have from wondering thinking maybe -- than last quarters? given on so what perspective we the bit the loan same seen ratio of and the of I or strength if you little I So And on I'm to was if your were thing have funded how the liquidity base? kind think funding expecting maybe a by causing less And two should over what you it's all seeing. of increase just deposit based what you are core

John Pollok

Steven a John. comments. few would this I make is

of first quarter $XXX made this wholesale think what about call funding I I in remix last company. the we we comment million that would

see the let's let's can And core the and full of CDs brokerage you without And say so been let's if of rid lot the FHLB to are our brokered balance kind was began a piece we bank, sheets do view betas with is the think I advances that’s would fund try the a change. presently, advances that strategy. I see of to to of deposits. get then try There

competition wise behind. and see didn't you have And we begin get believe move. so is a want far We our most core is of precious we company to too as resource funding rates to we so the have always

it quarters clearly out begin competitive. it's will that but feel And we very last couple the of so to very, settle been

Stephen Scouten

you itself it the I deposit line could down think like borrowings peers would you correctly the And -- you wholesale maybe a funds things brokered where like are you extended your other where there to am so base from is fair could come point differentiate so if hearing you that more would little and of on see just still that and said being say? a that some given here

Robert Hill

look out with of happy pretty and beta I basis put that's regardless I'm a what you a but there cost could of cost it the funds. of when and They it's pretty XX is, strong points that mean at fund

Operator

Our SunTrust. Please comes next go Demba Jennifer of ahead. from question

Jennifer Demba

two Thank you, I questions. have

Sterling First third three the of are and closed in what your my how of since is you've second quarters? the did what are on quantify question hiring much your quarter plans what if any and plans and Park all. transaction over Can the and and portfolio then out the exit you then you next

John Pollok

getting I'll we first this John will be on kind of is the doesn't remixing quarter feel take that exact not give being mean out close kind this Jennifer on but you I'd to of but we the as so part done. most what I of close out I'm say that. a Park like complete Sterling Carolina, going But that on that going the North back of we to an come we're that we of or like growth further having Robert had to have credit loan very to will said XX% get to it going piece in we of feel book. number,

Robert Hill

the be a ramp FTEs on for a people of it's new added the good the XX this Jennifer those pipeline has good about them but to and it up, time year been year, continues we've side little been takes to the overall nice. productivity production people

Jennifer Demba

hiring you a XXXX? number similar envision in Would

John Pollok

they way mode just looks we a opportunities quality kind are good people. having it's of we number them. to been at constant higher value create to set in we an and ongoing always advantage to are the we got take in focus at and what we're and really kind best the we've our that to great on banker tend of We've there not more in as X or go see all we're for that number tend it's the market DNA seen of recruiting that years shareholder markets We of it's part XX just the so the a the time of out focus who so our

we So will that think continue.

Operator

question next from of Tyler comes Please Stephens. ahead. Our Stafford go

Tyler Stafford

to on us about think just the the acquired good loan terms want for portfolio? just the in of a to I loan start is into gets proxy refinanced much non-acquired of runoff there growth how

John Pollok

quarter a over on was million. little it Steve, last XXX

Tyler Stafford

Okay, actually. it's Tyler

you loan and rates just repricing fixed can between the floating portfolio versus remind what On the much how us base front? and are LIBOR just is and adjustable

John Pollok

John. is This Sure.

variable that about X X.X you that so you XX% in of a would second. a adjustable indexes talk tied the the have portfolio XX% of loan will and then our you piece it's with little call the variable LIBOR arms. so about down the fixed XX% When right is index I categories. billion. XX% what about at rest prime Two when of of billion at billion that’s and the base So look and arms, float treasury. X When our other at it's hybrid of billion that XX% hybrid kind When you is break look at in are an really pieces that I a base to variable-rate its it bit we look in of

years step you period short because third reprice loan have one so reprices we third in some a over to at a obviously third portfolio time, that. five fairly back loans If would a inside fixed about of overall a are going third that a year it think reprices then of rate between and our in and and look I

Tyler Stafford

flattish fourth just given the from should from asset repricing here get side deposit or the that core and that would you the with that obviously cost So loan quarter XQ stronger you margin you prior the expect on then side? in benefit outlook made

Robert Hill

when see think we when you look we've I I Yes, production are you But I pressure to some production. market about deposit the our still there. are are under of to going things think be think deposit think more in the variable-rate one I going be still out got, you getting we pressure. think would still

today you a it at production over So at that our variable-rate. when is look XX% little and look is of

Tyler Stafford

and versus it. this be for hurricane that me on the fees how hurricane? quarter. if fee was fees related Durbin to It got Okay, back bounce fees of the unclear just the to that so last how one any related much? And the Should me there then much to waived was deposit

Robert Hill

the about million, over a Durbin was fee on hurricane little the $XXX,XXX. side the be of and piece should $X.X about of There was that or $X.XX piece that

fairly So minimal. it's

Operator

Our Partners. next question Marinac comes of from go ahead. Please FIG Christopher

Christopher Marinac

ahead customers visit the of To get if you John not does sensitive are the mean but customers with some to and wanting extremely those quarter. higher just if the mentioned a sensitive when movement rise of they extent continue what to XXXX? in that rates do rates who little to in third get

John Pollok

Chris, rates not to answer have I as think been strategy our too way to would moved is get that I the far up behind. has is

remixing you that So about you have when have you pieces. kind of but you but a lot of remixing on people the A talk we loan then side. loan clearly take that remixing do the have piece the deposit strategy

there advances as that throw FHLB So you in I XXX. today mean they and then ultimately piece look at are over

is then our cost noninterest that customers non-interest was piece more cost funding get in core think general in of betas would his pass DDA I the we were And about we back win funds, that Robert funding we last treasury the there over see focused comments growth this down do try and to in very, more of the to try on side, So in in increase the I low think on rates. when go is as we so bring piece system can throw whether we as it XXX to view to the had very piece mentioned DDA of how customers to bank. kind that that on, new thought let's our get our continue

Christopher Marinac

that's how the upside two been the the than Okay you the the was both compare two in that's markets? been it's it for how different thanks that helpful, for is if look at progress and similar upside

Robert Hill

up, you other and market? said you what broke Chris Richmond

Christopher Marinac

Richmond and Charlotte.

Robert Hill

us the Richmond, today so production I contributor right look is five Robert. company's Raleigh, this but of it's coming about from for overall think just now would meaningful think off today markets as those Charleston if I those and markets when is a for of said are part start Charlotte, I of our of deposit share at XX% I iceberg Greensboro, think you kind in that it's biggest and more we just obviously of in of base our terms Richmond that the just I we much overall opportunities more market the we terms in a Charlotte. our Charlotte our much company anywhere. think have the have tip meaningful market it's tremendous

we've so got for brand building meaningful So been brand this market years, got a meaningful we've that XX a just we've presence is and traction in in Charlotte. a lot of

brand terms is for terms In us volume, of I talent, terms long-term of the for in in recognition, of so think Charlotte potential significant.

mortgage bit and tremendous of that focused time on we I really the wealth really and team so had newly strong a they more that and little really, but with bank builder focused a retail think obviously integrated to commercial, was being then Park Richmond turn to leadership. that there takes us we're of integrating bought that and it out finance converting have Sterling a still a

it's opportunities about book. as loan and markets. a XXXX So year and growth in the about year through you is good just get And think it it into but feels been obviously tread more good Virginia can going this loan those the as of not good water if of been be to remix for both conversion

Operator

Bush of Nancy comes question next from ahead. Research. go Please NAB Our

Nancy Bush

has the Wall much what of you saw question have of And part well. because into guys just A you questions I've I were environment. in how as nature that's non-interest-bearing I couple and wasn't Journal of competitive year loss second that thinking about happening to the Street compared mean environment, be. you to throughout you've out going And I'm does competitive seen that to able for be recapture? of think been the sure article you this is, to to deposit when it this kind as of how I went that we turned a it know in past about the the the around industry, the yesterday deposits as while,

John Pollok

growth, when net think we're really you retail are I checking checking start our we we company look feel many think and in in so growth. struggle strong our have I banks account on I'll account Nancy at net that, really so very good so

Our mobile adoption is really good.

there's We where about we I'm see piece there full and lot some in our and point has many on really out there's continue that very year, so so you do, were that. surprised got rates sheets accelerated advances you a can feel so I Like that pricing. you moved this markets. so to of good have brokerage only really of the CDs that think of really, to only FHLB but well take how the balance kind inflection much I can

ahead And And so I that funding catch loan our get think at will to it try million I out a pricing think then to to view some that bit. of our point. begin wholesale begin do in remixed $XXX we was going to think view back to little I level up. is We think it's

loan us thing side one going not the to the for On are sacrifice is we quality. that

of credit that's our can metrics and something I at kind you look company. the our think foundation is of that

will So to more too the funding little begin it have to far year pricing up a are bit there loan in you you catch guess get later up we the is going if behind but get that side take next on don't anyway. I because be to don’t

cost really don't too I where day funds but are end I and So feel make to XX basis get we to sure the are where back we points to a at tried to be far good behind funding go aggressive side. that from we we of the fairly

Robert Hill

just Robert is to This add a couple points. of

retail over XXX,XXX retail got I customers. we've heavy have think about mentioned, we as in John

we but the So, had side, from that of account new product. online a up. And our we lot deposit granularity open accounts portfolio checking in rolled just out XXXX opening

really feel we good. So

all we to on to accounts, our the continues look deposit pretty only have nice typically combined. counties the And XXX Just I'm tend grow we but relationships base a market share and rate but in checking only we things. taking market Overall, at at side treasury we our as have then commercial X% have well. customer share. markets if mentioned we grow X% deposits, core new commercial But grow operate two you -- the we we X%

more and share just So or out those are on impact markets Charlotte Richmond our And there business in we Chris's there normalize back and if share, are for question Richmond meaningful Raleigh, more footprint of rest businesses that to in level others total with us. those commercial that the our has then our our we a then have and combined. in opportunities Charlotte, three pretty

commercial funding the think the there fairly meaningful. I side and on opportunities treasury So

Nancy Bush

could And Segway a disclose at think if some Park to to expected But what from maybe integrated the out Sterling if expected. versus standpoint, worse the that has company. that Park know don't want and worked And I of just Sterling better a than about deal? color point Park you is with than do and to about you rest Sterling, I care

Robert Hill

the while really upside I that chose in out customers the lines really, would business other than good. business get churn I that had exit to retention traction terms there has think of of of of our the but we there. been development. Richmond, really, surprise of we're relationships early how in or on elected got front quickly the that we better expected we to just say outside the has been We've

that about have treasury there. And component. that by of increase and our have customers QX component, market of XX% treasury our kind the tremendous about last 'XX of so recently there's so and treasury that's component to annualized even has that -- the the feels piece great be great is not spent upside in and integrate. time of We in fully in the Richmond a just then we about team That's really day number last like that fully will done we call QX integrated that executive treasury team on platform,

of think I to there I right be but little pricing bring I those terms been I credits to changes do capital were has from we I outline there just So would make get and capital we there be are think markets tremendous I when but the slower we make flow have markets most say discipline overall in the those would in I is others markets than the in think would of need think of that that would would that meaningful a to things way. thought capital the our sure traction upside some

fully the there, we that while new were and I as has The seen a not tapped of really well. had of we've focused much upside yet. lot of have good retail productivity that's company hadn't potential an there's but plenty retail out we think component, not that those yet I a area retention branches they retail think of heavy

Operator

Capital. Brean of Brantley Blair from go ahead. comes question Please next Our

Blair Brantley

other Going given elevated back just there out dealing side of that and growth CRE seeing guys we're market How the based on you guidelines some the kind loan have flexibility on ratios. of are you non-bank also to peers and the competition and and the kind of churn lenders.

Blair Brantley

do is it. the this not good they've think I the an we if thing have to I our so Blair, John, ability full we're would relationships main is got opportunity

overriding thing we to focus to the lot the that we market. customers, a the concentrated do that one to on things is be of think line loan the not to And for over back be business the would of everything really on an all any try CRE able of that kind there business I of say I would the they’ve have to be lines So for decades, paying as it so opportunity got to goes we're them. in we be side, are so really to going in

Robert Hill

very that front just the to it's it's to focus take on their chose really not really that lack to the our a more while certainly decide have a to the the and to had kind our I larger really, wealthy portion last of a. lot networked then who families money our CRE as strategy CRE been growth of of have table CRE would that's reason books the of competition for off of do. some families CRE investors I'd for remixing lenders we non-bank say our we've And some b. CRE been various deals had overall table. in been just high really kind decided we've long-term over add main been some those has take for chips of CRE Blair but of and the year place be off that's us investment overall, a good CRE has and

Blair Brantley

of then quarter I back on And building this little update going a view capital you'd stock with your bought to any thought bit that there the capital, and… cause

John Pollok

Blair, Johm. is this

back a out have done still it. plenty years most we've bought authorized stop the typically share of can't there. have a and shares going We really little bit just so We why creep that's

our is as and continue found I share think capital at markets capital view discuss the always as today, But there. is ability clearly kind clearly it our the we of to looking been we where have clearly looking way market to always planning. but we that do, authorized something where the to found do the to have deploy have out but are at count way we shares We we today deploy our the a will

we to continue is it at. So that look something

Operator

[Operator Instructions] questions. further are There no

will to I the So John now over Pollok. turn back call

John Pollok

today. time your for everyone Thanks

participating beginning X, November We Investor an to in XX. and you soon. to forward December Services reporting again Day look on will be in in the O'Neill hosting Florida Conference We Financial New Sandler on York

Operator

now The you today's conference has concluded. for presentation. Thank attending

may disconnect. You now

SouthState (SSB) 23 Oct 182018 Q3 Earnings call transcript