Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2025-07-01

Southern States Bancshares (SSBK)

CEO Mark Chambers was paid $944,425 in fiscal year 2023, ↓ down 33.6% from fiscal year 2022 (SEC filing 0001628280-24-012666 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,215,004
Stephen Whatley total, FY2023
Former Chairman and Chief Executive Officer — highest-paid officer; CEO Mark Chambers: $944,425
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CEO (Mark Chambers) pay percentile vs peers
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CEO-to-median pay ratio
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01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Stephen Whatley$185,625$0$77,631$77,631$0$0$1,874,118$2,215,004
Former Chairman and Chief Executive Officer
Mark Chambers470,00045,00051,87551,875286,465039,210944,425
Chief Executive Officer and President
Lynn Joyce363,00025,00041,14341,143176,999043,656690,941
Senior Executive Vice President and Chief Financial Officer
Greg Smith363,00025,00041,14341,143176,999037,926685,211
Senior Executive Vice President and Chief Risk Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
Stephen Whatley$2,215,004$1,855,950$1,013,922↑ +359,054
Mark Chambers944,4251,422,607619,343↓ −478,182
Lynn Joyce690,9411,206,177556,218↓ −515,236
Greg Smith685,2111,200,747—↓ −515,536

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2023 total
Alfred J. Hayes JrIndependent Director$67,652
Brent David HitsonIndependent Director$57,402
Brian Stacy HolmesIndependent Director$58,802
Christine HunsakerIndependent Director$20,800
Cynthia S. McCartyDirector$51,502
Daniel A. CummingsDirector$32,800
Henry A. TurnerFormer director (through FY2023)$47,602
J. Henry Smith IVIndependent Director$76,252
Jay Florey PumroyIndependent Director$64,502
Jonathan W. HintonIndependent Director$28,800
Lewis C. BeaversLead Independent Director$53,002
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Daniel A. CummingsDirector2024-05-15D63$0$0CommonForm 4 ↗
Jonathan W. HintonDirector2024-06-18D6300CommonForm 4 ↗
Richard E. Drews Jr.Director2024-09-04A26,72300CommonForm 4 ↗
Christine HunsakerDirector2024-12-13D6300CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-02-12A5,00000Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-02-12A5,0001050,000CommonForm 4 ↗
J. Henry Smith IVDirector2025-02-19A90500CommonForm 4 ↗
Brian Stacy HolmesDirector2025-02-19A90500CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-02-19A2,07600Derivative, Class A CommonForm 4 ↗
Alfred J. Hayes JrDirector2025-02-19A90500CommonForm 4 ↗
Christine HunsakerDirector2025-02-19A90500CommonForm 4 ↗
Lewis C. BeaversDirector2025-02-19A90500CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-02-19A1,42400CommonForm 4 ↗
Mark ChambersDirector2025-02-19A3,38100Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-02-19A2,31900CommonForm 4 ↗
Jonathan W. HintonDirector2025-02-19A37700CommonForm 4 ↗
Cynthia S. McCartyDirector2025-02-19A90500CommonForm 4 ↗
Jay Florey PumroyDirector2025-02-19A90500CommonForm 4 ↗
Brent David HitsonDirector2025-02-19A90500CommonForm 4 ↗
Daniel A. CummingsDirector2025-02-19A90500CommonForm 4 ↗
Richard E. Drews Jr.Director2025-02-19A90500CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-02-19A1,42400CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-02-19A2,07600Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-03-10D17500CommonForm 4 ↗
Jonathan W. HintonDirector2025-04-11A52800CommonForm 4 ↗
Dividend-equivalent accruals2025-06-20—5,410——2 insiders, 4 accrual rows
Mark ChambersDirector2025-06-20D4,18500Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20A3,4582171,269CommonForm 4 ↗
Mark ChambersDirector2025-06-20A10,82820217,643CommonForm 4 ↗
Mark ChambersDirector2025-06-20A7,50015108,750CommonForm 4 ↗
Mark ChambersDirector2025-06-20A15,00010150,000CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D3,18800Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D10,82800Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D9,52900Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A10,82820217,643CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A9,52916152,464CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D3,18800Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D3,86500Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D10,82800Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D7,50000Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A3,8652077,416CommonForm 4 ↗
Mark ChambersDirector2025-06-20D15,00000Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A3,1882165,705CommonForm 4 ↗
Mark ChambersDirector2025-06-20A4,1852083,826CommonForm 4 ↗
Mark ChambersDirector2025-06-20D9,52900Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20D7,50000Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20A1,3472635,588CommonForm 4 ↗
Mark ChambersDirector2025-06-20D3,45800Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20D10,82800Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20A1,7823053,870CommonForm 4 ↗
Mark ChambersDirector2025-06-20A9,52916152,464CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A3,1882165,705CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A10,82820217,643CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A9,48616151,776CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D9,48600Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A3,8652077,416CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A7,50015108,750CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A8672622,906CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A1,4143042,745CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D3,86500Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D7,50000Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A7,50015108,750CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-30D4,46734153,084CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01A1,7352645,839CommonForm 4 ↗
Mark ChambersDirector2025-07-01D2,69500Derivative, Class A CommonForm 4 ↗
Lewis C. BeaversDirector2025-07-01D3,603——CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-07-01D2,602——Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-07-01D2,120——Derivative, Class A CommonForm 4 ↗
Richard E. Drews Jr.Director2025-07-01D775——CommonForm 4 ↗
Richard E. Drews Jr.Director2025-07-01D25,524——CommonForm 4 ↗
Cynthia S. McCartyDirector2025-07-01D2,000——CommonForm 4 ↗
Cynthia S. McCartyDirector2025-07-01D5,709——CommonForm 4 ↗
Brent David HitsonDirector2025-07-01D22,658——CommonForm 4 ↗
Daniel A. CummingsDirector2025-07-01D5,171——CommonForm 4 ↗
J. Henry Smith IVDirector2025-07-01D52,725——CommonForm 4 ↗
Jay Florey PumroyDirector2025-07-01D101——Common, indirectForm 4 ↗
Jay Florey PumroyDirector2025-07-01D101——Common, indirectForm 4 ↗
Jay Florey PumroyDirector2025-07-01D101,679——CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01D2,07600Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2025-07-01—3,332——2 insiders, 3 accrual rows
Gregory B. SmithChief Risk Officer2025-07-01A2,0763368,799CommonForm 4 ↗
Mark ChambersDirector2025-07-01D3,38100Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-07-01D116,652——CommonForm 4 ↗
Mark ChambersDirector2025-07-01A2,6952671,202CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-07-01D75,012——CommonForm 4 ↗
J. Henry Smith IVDirector2025-07-01D240——CommonForm 4 ↗
J. Henry Smith IVDirector2025-07-01D245——CommonForm 4 ↗
J. Henry Smith IVDirector2025-07-01D245——CommonForm 4 ↗
Mark ChambersDirector2025-07-01A3,38133112,046CommonForm 4 ↗
Jonathan W. HintonDirector2025-07-01D2,099——CommonForm 4 ↗
Christine HunsakerDirector2025-07-01D2,599——CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-07-01D2,076——Derivative, Class A CommonForm 4 ↗
Alfred J. Hayes JrDirector2025-07-01D6,796——CommonForm 4 ↗
Mark ChambersDirector2025-07-01A8913026,935CommonForm 4 ↗
Daniel A. CummingsDirector2025-07-01D1,599——CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01D113,700——CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01A7063021,342CommonForm 4 ↗
Brian Stacy HolmesDirector2025-07-01D189,961——CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 103 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Daniel A. CummingsDirector2024-05-15D63$0$0CommonForm 4 ↗
Jonathan W. HintonDirector2024-06-18D6300CommonForm 4 ↗
Richard E. Drews Jr.Director2024-09-04A26,72300CommonForm 4 ↗
Christine HunsakerDirector2024-12-13D6300CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-02-12A5,00000Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-02-12A5,0001050,000CommonForm 4 ↗
J. Henry Smith IVDirector2025-02-19A90500CommonForm 4 ↗
Brian Stacy HolmesDirector2025-02-19A90500CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-02-19A2,07600Derivative, Class A CommonForm 4 ↗
Alfred J. Hayes JrDirector2025-02-19A90500CommonForm 4 ↗
Christine HunsakerDirector2025-02-19A90500CommonForm 4 ↗
Lewis C. BeaversDirector2025-02-19A90500CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-02-19A1,42400CommonForm 4 ↗
Mark ChambersDirector2025-02-19A3,38100Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-02-19A2,31900CommonForm 4 ↗
Jonathan W. HintonDirector2025-02-19A37700CommonForm 4 ↗
Cynthia S. McCartyDirector2025-02-19A90500CommonForm 4 ↗
Jay Florey PumroyDirector2025-02-19A90500CommonForm 4 ↗
Brent David HitsonDirector2025-02-19A90500CommonForm 4 ↗
Daniel A. CummingsDirector2025-02-19A90500CommonForm 4 ↗
Richard E. Drews Jr.Director2025-02-19A90500CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-02-19A1,42400CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-02-19A2,07600Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-03-10D17500CommonForm 4 ↗
Jonathan W. HintonDirector2025-04-11A52800CommonForm 4 ↗
Mark ChambersDirector2025-06-20D1,78200Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20D4,18500Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20A3,4582171,269CommonForm 4 ↗
Mark ChambersDirector2025-06-20A10,82820217,643CommonForm 4 ↗
Mark ChambersDirector2025-06-20A7,50015108,750CommonForm 4 ↗
Mark ChambersDirector2025-06-20A15,00010150,000CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D1,41400Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D3,18800Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D10,82800Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D9,52900Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A10,82820217,643CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A9,52916152,464CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D3,18800Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D3,86500Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D10,82800Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D7,50000Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A3,8652077,416CommonForm 4 ↗
Mark ChambersDirector2025-06-20D15,00000Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A3,1882165,705CommonForm 4 ↗
Mark ChambersDirector2025-06-20A4,1852083,826CommonForm 4 ↗
Mark ChambersDirector2025-06-20D9,52900Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20D7,50000Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20A1,3472635,588CommonForm 4 ↗
Mark ChambersDirector2025-06-20D1,34700Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20D3,45800Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20D10,82800Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-06-20A1,7823053,870CommonForm 4 ↗
Mark ChambersDirector2025-06-20A9,52916152,464CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A3,1882165,705CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A10,82820217,643CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A9,48616151,776CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20D9,48600Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A3,8652077,416CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-20A7,50015108,750CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D86700Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A8672622,906CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A1,4143042,745CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D3,86500Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20D7,50000Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-06-20A7,50015108,750CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-06-30D4,46734153,084CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01A1,7352645,839CommonForm 4 ↗
Mark ChambersDirector2025-07-01D2,69500Derivative, Class A CommonForm 4 ↗
Lewis C. BeaversDirector2025-07-01D3,603——CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-07-01D2,602——Derivative, Class A CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-07-01D2,120——Derivative, Class A CommonForm 4 ↗
Richard E. Drews Jr.Director2025-07-01D775——CommonForm 4 ↗
Richard E. Drews Jr.Director2025-07-01D25,524——CommonForm 4 ↗
Cynthia S. McCartyDirector2025-07-01D2,000——CommonForm 4 ↗
Cynthia S. McCartyDirector2025-07-01D5,709——CommonForm 4 ↗
Brent David HitsonDirector2025-07-01D22,658——CommonForm 4 ↗
Daniel A. CummingsDirector2025-07-01D5,171——CommonForm 4 ↗
J. Henry Smith IVDirector2025-07-01D52,725——CommonForm 4 ↗
Jay Florey PumroyDirector2025-07-01D101——Common, indirectForm 4 ↗
Jay Florey PumroyDirector2025-07-01D101——Common, indirectForm 4 ↗
Jay Florey PumroyDirector2025-07-01D101,679——CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01D2,07600Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01D1,73500Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01D70600Derivative, Class A CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01A2,0763368,799CommonForm 4 ↗
Mark ChambersDirector2025-07-01D3,38100Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-07-01D116,652——CommonForm 4 ↗
Mark ChambersDirector2025-07-01A2,6952671,202CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-07-01D75,012——CommonForm 4 ↗
J. Henry Smith IVDirector2025-07-01D240——CommonForm 4 ↗
J. Henry Smith IVDirector2025-07-01D245——CommonForm 4 ↗
J. Henry Smith IVDirector2025-07-01D245——CommonForm 4 ↗
Mark ChambersDirector2025-07-01D89100Derivative, Class A CommonForm 4 ↗
Mark ChambersDirector2025-07-01A3,38133112,046CommonForm 4 ↗
Jonathan W. HintonDirector2025-07-01D2,099——CommonForm 4 ↗
Christine HunsakerDirector2025-07-01D2,599——CommonForm 4 ↗
Lynn JoyceChief Financial Officer2025-07-01D2,076——Derivative, Class A CommonForm 4 ↗
Alfred J. Hayes JrDirector2025-07-01D6,796——CommonForm 4 ↗
Mark ChambersDirector2025-07-01A8913026,935CommonForm 4 ↗
Daniel A. CummingsDirector2025-07-01D1,599——CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01D113,700——CommonForm 4 ↗
Gregory B. SmithChief Risk Officer2025-07-01A7063021,342CommonForm 4 ↗
Brian Stacy HolmesDirector2025-07-01D189,961——CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Mark ChambersRSA2023-02-01——2,568—$51,875
Greg SmithRSA2023-02-01——1,361—41,143
Lynn JoyceRSA2023-02-01——1,716—41,143
Stephen WhatleyRSA2023-02-01——1,361—77,631
03b

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Lynn JoyceRSU9,934—$290,868
Lynn JoyceOption2,12030.23—
SmithOption1,28920.03—
Lynn JoyceOption2,12520.61—
Mark ChambersRSU11,055—323,690
Mark ChambersOption1,39520.03—
Mark ChambersOption2,67330.23—
SmithOption2,12030.23—
SmithOption2,12520.61—
Mark ChambersOption2,30520.61—
Lynn JoyceOption1,28920.03—
SmithRSU9,934—290,868
05

Incentive-plan design — the Compensation Discussion & Analysis

Our Compensation Committee believes our executive compensation practices should attract, motivate, and retain key talent, while also tying pay to performance to promote stockholder value and core values. Each element of compensation is designed to achieve a specific purpose and to contribute to a total package that is competitive with similar packages provided by other institutions that compete for the services of individuals like our named executive officers.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCompensation Advisors (member of Newcleus)
Clawback policytrue
Anti-hedgingTrue
Anti-pledgingFalse
08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
J. Henry Smith IVIndependent · Audit · Compensation · Nominating/Governance · Newly elected$61,250$15,002———$76,252
Alfred J. Hayes JrIndependent · Audit · Compensation · Nominating/Governance · Newly elected52,65015,002———67,652
Jay Florey PumroyIndependent · Audit · Compensation · Nominating/Governance · Newly elected49,50015,002———64,502
Brian Stacy HolmesIndependent · Audit · Compensation · Nominating/Governance · Newly elected43,80015,002———58,802
Brent David HitsonIndependent · Audit · Compensation · Nominating/Governance · Newly elected42,40015,002———57,402
Lewis C. BeaversIndependent · Lead Independent Director · Audit (Chair) · Compensation · Nominating/Governance38,00015,002———53,002
Cynthia S. McCartyNewly elected36,50015,002———51,502
Henry A. TurnerDeparted during FY · Newly elected32,60015,002———47,602
Daniel A. CummingsNewly elected32,800————32,800
Jonathan W. HintonIndependent · Newly elected28,800————28,800
Christine HunsakerIndependent · Newly elected20,800————20,800
09

Board fee structure and ownership guideline

Annual cash retainer$1,200
Annual equity retainer$15,002
Per board meeting fee$1,200
Committee chair fees (audit / comp / nom-gov)700 / 700 / 700
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$439,100
Equity awards (grant-date value)$120,016
All other compensation$0
Total cost of the board$559,116

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Southern States Bancshares2023Mark Chambers$470,000$51,875$51,875$286,465$944,425

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at Southern States Bancshares in fiscal 2023?
As disclosed, Stephen Whatley (Former Chairman and Chief Executive Officer) was the highest-paid executive at Southern States Bancshares in fiscal 2023, with total compensation of $2,215,004.
How much does Southern States Bancshares spend in total on board compensation for fiscal 2023?
As disclosed, Southern States Bancshares reported total board compensation of $559,116 for fiscal 2023.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Stephen WhatleyDEF 14A2024-03-220001628280-24-012666Section “Summary Compensation Table”. As printed: 2,215,004. Filing ↗machine: r8 · c48 · span 208848–208857
2Section 01, Mark ChambersDEF 14A2024-03-220001628280-24-012666Section “Summary Compensation Table”. As printed: 944,425. Filing ↗machine: r2 · c48 · span 187520–187527
3Section 01, Lynn JoyceDEF 14A2024-03-220001628280-24-012666Section “Summary Compensation Table”. As printed: 690,941. Filing ↗machine: r4 · c48 · span 194624–194631
4Section 01, Greg SmithDEF 14A2024-03-220001628280-24-012666Section “Summary Compensation Table”. As printed: 685,211. Filing ↗machine: r6 · c48 · span 201732–201739
5Section 03, Mark Chambers RSADEF 14A2024-03-220001628280-24-012666Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t8 · r2 · c10 · span 185619–185625
6Section 03, Greg Smith RSADEF 14A2024-03-220001628280-24-012666Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t8 · r6 · c10 · span 200039–200045
7Section 03, Lynn Joyce RSADEF 14A2024-03-220001628280-24-012666Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t8 · r4 · c10 · span 192931–192937
8Section 03, Stephen Whatley RSADEF 14A2024-03-220001628280-24-012666Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t8 · r8 · c10 · span 207152–207158
9Section 08, J. Henry Smith IVDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 76,252. Filing ↗machine: t11 · r11 · c8 · span 370697–370832
10Section 08, Alfred J. Hayes JrDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 67,652. Filing ↗machine: t11 · r4 · c8 · span 360057–360192
11Section 08, Jay Florey PumroyDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 64,502. Filing ↗machine: t11 · r10 · c8 · span 369176–369311
12Section 08, Brian Stacy HolmesDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 58,802. Filing ↗machine: t11 · r7 · c8 · span 364617–364752
13Section 08, Brent David HitsonDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 57,402. Filing ↗machine: t11 · r6 · c8 · span 363096–363231
14Section 08, Lewis C. BeaversDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 53,002. Filing ↗machine: t11 · r2 · c8 · span 356990–357125
15Section 08, Cynthia S. McCartyDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 51,502. Filing ↗machine: t11 · r9 · c8 · span 367656–367791
16Section 08, Henry A. TurnerDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 47,602. Filing ↗machine: t11 · r12 · c8 · span 372219–372354
17Section 08, Daniel A. CummingsDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 32,800. Filing ↗machine: t11 · r3 · c2 · span 357699–357834
18Section 08, Jonathan W. HintonDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 28,800. Filing ↗machine: t11 · r5 · c2 · span 360740–360875
19Section 08, Christine HunsakerDEF 14A2024-03-220001628280-24-012666Section “Director Compensation”. As printed: 20,800. Filing ↗machine: t11 · r8 · c2 · span 365300–365435
20Section 02, Daniel A. Cummings 2024-05-15Form 42025-01-290001628280-25-002951Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Jonathan W. Hinton 2024-06-18Form 42025-01-290001628280-25-002947Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Richard E. Drews Jr. 2024-09-04Form 42025-02-040001628280-25-003597Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Christine Hunsaker 2024-12-13Form 42025-01-290001628280-25-002949Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Gregory B. Smith 2025-02-12Form 42025-02-140001628280-25-005570Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Gregory B. Smith 2025-02-12Form 42025-02-140001628280-25-005570Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, J. Henry Smith IV 2025-02-19Form 42025-02-200001628280-25-006943Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Brian Stacy Holmes 2025-02-19Form 42025-02-200001628280-25-006937Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Gregory B. Smith 2025-02-19Form 42025-02-210001628280-25-007146Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Alfred J. Hayes Jr 2025-02-19Form 42025-02-200001628280-25-006935Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Christine Hunsaker 2025-02-19Form 42025-02-200001628280-25-006945Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Lewis C. Beavers 2025-02-19Form 42025-02-200001628280-25-006946Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Lynn Joyce 2025-02-19Form 42025-02-210001628280-25-007178Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Mark Chambers 2025-02-19Form 42025-02-210001628280-25-007195Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Mark Chambers 2025-02-19Form 42025-02-210001628280-25-007195Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Jonathan W. Hinton 2025-02-19Form 42025-02-200001628280-25-006944Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Cynthia S. McCarty 2025-02-19Form 42025-02-200001628280-25-006938Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Jay Florey Pumroy 2025-02-19Form 42025-02-200001628280-25-006934Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Brent David Hitson 2025-02-19Form 42025-02-200001628280-25-006936Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Daniel A. Cummings 2025-02-19Form 42025-02-200001628280-25-006947Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Richard E. Drews Jr. 2025-02-19Form 42025-02-200001628280-25-006948Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Gregory B. Smith 2025-02-19Form 42025-02-210001628280-25-007146Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Lynn Joyce 2025-02-19Form 42025-02-210001628280-25-007178Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Gregory B. Smith 2025-03-10Form 42025-03-110001628280-25-011958Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Jonathan W. Hinton 2025-04-11Form 42025-04-140001628280-25-017672Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Gregory B. Smith 2025-06-20Form 42025-06-240001628280-25-032767Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Mark Chambers 2025-06-20Form 42025-06-230001628280-25-032675Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Lynn Joyce 2025-06-20Form 42025-06-230001628280-25-032679Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Gregory B. Smith 2025-06-20Form 42025-06-230001628280-25-032677Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Gregory B. Smith 2025-06-20Form 42025-06-240001628280-25-032767Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Gregory B. Smith 2025-06-20Form 42025-06-240001628280-25-032767Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Gregory B. Smith 2025-06-20Form 42025-06-240001628280-25-032767Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Lynn Joyce 2025-06-30Form 42025-07-010001628280-25-033644Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Gregory B. Smith 2025-07-01Form 42025-07-010001628280-25-033653Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Mark Chambers 2025-07-01Form 42025-07-010001628280-25-033655Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Lewis C. Beavers 2025-07-01Form 42025-07-010001628280-25-033643Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Lynn Joyce 2025-07-01Form 42025-07-010001628280-25-033644Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Lynn Joyce 2025-07-01Form 42025-07-010001628280-25-033644Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Richard E. Drews Jr. 2025-07-01Form 42025-07-010001628280-25-033647Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Richard E. Drews Jr. 2025-07-01Form 42025-07-010001628280-25-033647Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Cynthia S. McCarty 2025-07-01Form 42025-07-010001628280-25-033648Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Cynthia S. McCarty 2025-07-01Form 42025-07-010001628280-25-033648Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Brent David Hitson 2025-07-01Form 42025-07-010001628280-25-033649Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Daniel A. Cummings 2025-07-01Form 42025-07-010001628280-25-033650Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, J. Henry Smith IV 2025-07-01Form 42025-07-010001628280-25-033651Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Jay Florey Pumroy 2025-07-01Form 42025-07-010001628280-25-033652Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Jay Florey Pumroy 2025-07-01Form 42025-07-010001628280-25-033652Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Jay Florey Pumroy 2025-07-01Form 42025-07-010001628280-25-033652Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Gregory B. Smith 2025-07-01Form 42025-07-010001628280-25-033653Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Gregory B. Smith 2025-07-01Form 42025-07-010001628280-25-033653Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Gregory B. Smith 2025-07-01Form 42025-07-010001628280-25-033653Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Gregory B. Smith 2025-07-01Form 42025-07-010001628280-25-033653Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Mark Chambers 2025-07-01Form 42025-07-010001628280-25-033655Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Mark Chambers 2025-07-01Form 42025-07-010001628280-25-033655Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Mark Chambers 2025-07-01Form 42025-07-010001628280-25-033655Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Lynn Joyce 2025-07-01Form 42025-07-010001628280-25-033644Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, J. Henry Smith IV 2025-07-01Form 42025-07-010001628280-25-033651Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, J. Henry Smith IV 2025-07-01Form 42025-07-010001628280-25-033651Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, J. Henry Smith IV 2025-07-01Form 42025-07-010001628280-25-033651Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, Mark Chambers 2025-07-01Form 42025-07-010001628280-25-033655Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Mark Chambers 2025-07-01Form 42025-07-010001628280-25-033655Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Jonathan W. Hinton 2025-07-01Form 42025-07-010001628280-25-033646Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Christine Hunsaker 2025-07-01Form 42025-07-010001628280-25-033645Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Lynn Joyce 2025-07-01Form 42025-07-010001628280-25-033644Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Alfred J. Hayes Jr 2025-07-01Form 42025-07-010001628280-25-033656Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Mark Chambers 2025-07-01Form 42025-07-010001628280-25-033655Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Daniel A. Cummings 2025-07-01Form 42025-07-010001628280-25-033650Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, Gregory B. Smith 2025-07-01Form 42025-07-010001628280-25-033653Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Gregory B. Smith 2025-07-01Form 42025-07-010001628280-25-033653Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Brian Stacy Holmes 2025-07-01Form 42025-07-010001628280-25-033654Insider equity transaction reported since the proxy statement. Filing ↗
123Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
124Section 09b board cost (computed)Computed——Cash 439,100 + equity 120,016 + all other 0 = 559,116, summed across the director compensation table rows.machine: formula: Σ = 559,116
125Southern States Bancshares (subject), Section 10b CEO totalDEF 14A2024-03-220001628280-24-012666CEO total compensation as printed in Southern States Bancshares's own proxy. As printed: 944,425. Filing ↗machine: r2 · c48 · span 187520–187527

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