# EDGAR Filing Document

**Accession Number:** 0001689731
**File Stem:** 0001628280-23-002922
**Filing Date:** 2023-2
**Character Count:** 11986
**Document Hash:** fbd777221388a40652708ea6a3ddca32
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-23-002922.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001628280-23-002922

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Southern States Bancshares, Inc.
- **CENTRAL INDEX KEY:** 0001689731
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 262518085
- **STATE OF INCORPORATION:** AL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92809
- **FILM NUMBER:** 23605494

**BUSINESS ADDRESS:**
- **STREET 1:** 615 QUINTARD AVENUE
- **CITY:** ANNISTON
- **STATE:** AL
- **ZIP:** 36201
- **BUSINESS PHONE:** 205-820-8065

**MAIL ADDRESS:**
- **STREET 1:** 615 QUINTARD AVENUE
- **CITY:** ANNISTON
- **STATE:** AL
- **ZIP:** 36201
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Davis Floyd C.
- **CENTRAL INDEX KEY:** 0001911031

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**MAIL ADDRESS:**
- **STREET 1:** 271 LYNNLEE WAY
- **CITY:** HEFLIN
- **STATE:** AL
- **ZIP:** 36364

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

__________________________

**SCHEDULE 13G**

**Under the Securities Exchange Act of 1934** 

**(Amendment No. 1)\***

__________________________

**SOUTHERN STATES BANCSHARES, INC.**

**(Name of Issuer)**

**Common Stock, par value $5.00 per share**

**(Title of Class of Securities)**

**843878307**

**(CUSIP Number)**

**December 31, 2022**

**(Date of Event Which Requires Filing of this Statement)**

__________________________

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐&nbsp;&nbsp;&nbsp;&nbsp;Rule l3d-l(b)

☐&nbsp;&nbsp;&nbsp;&nbsp;Rule l3d-l(c)

☒&nbsp;&nbsp;&nbsp;&nbsp;Rule l3d-1(d)

\*&nbsp;&nbsp;&nbsp;&nbsp;The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section l8 of the Securities Exchange Act of l934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

---

| | | | |
|:---|:---|:---|:---|
| l | &nbsp;&nbsp;&nbsp;&nbsp;NAME OF REPORTING PERSON<br>Floyd C. Davis | &nbsp;&nbsp;&nbsp;&nbsp;NAME OF REPORTING PERSON<br>Floyd C. Davis | &nbsp;&nbsp;&nbsp;&nbsp;NAME OF REPORTING PERSON<br>Floyd C. Davis |
| 2 | &nbsp;&nbsp;&nbsp;&nbsp;CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>&nbsp;&nbsp;&nbsp;&nbsp;(a) ☐&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | &nbsp;&nbsp;&nbsp;&nbsp;CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>&nbsp;&nbsp;&nbsp;&nbsp;(a) ☐&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ | &nbsp;&nbsp;&nbsp;&nbsp;CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>&nbsp;&nbsp;&nbsp;&nbsp;(a) ☐&nbsp;&nbsp;&nbsp;&nbsp;(b) ☐ |
| 3 | &nbsp;&nbsp;&nbsp;&nbsp;SEC USE ONLY | &nbsp;&nbsp;&nbsp;&nbsp;SEC USE ONLY | &nbsp;&nbsp;&nbsp;&nbsp;SEC USE ONLY |
| 4 | &nbsp;&nbsp;&nbsp;&nbsp;CITIZENSHIP OR PLACE OF ORGANIZATION<br>US | &nbsp;&nbsp;&nbsp;&nbsp;CITIZENSHIP OR PLACE OF ORGANIZATION<br>US | &nbsp;&nbsp;&nbsp;&nbsp;CITIZENSHIP OR PLACE OF ORGANIZATION<br>US |
|  |  | 5 | &nbsp;&nbsp;&nbsp;&nbsp;SOLE VOTING POWER |
| NUMBER OF SHARES | NUMBER OF SHARES |  | &nbsp;&nbsp;&nbsp;&nbsp;134672 |
| NUMBER OF SHARES | NUMBER OF SHARES | 6 | &nbsp;&nbsp;&nbsp;&nbsp;SHARED VOTING POWER |
| OWNED BY | OWNED BY |  | &nbsp;&nbsp;&nbsp;&nbsp;501530 (1) |
| &nbsp;&nbsp;EACH<br>REPORTING | &nbsp;&nbsp;EACH<br>REPORTING |  |  |
| PERSON WITH: | PERSON WITH: | 7 | &nbsp;&nbsp;&nbsp;&nbsp;SOLE DISPOSITIVE POWER |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;134672  |
|  |  | 8 | &nbsp;&nbsp;&nbsp;&nbsp;SHARED DISPOSITIVE POWER |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;501530 (1) |
| 9 | &nbsp;&nbsp;&nbsp;&nbsp;AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>636,202 | &nbsp;&nbsp;&nbsp;&nbsp;AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>636,202 | &nbsp;&nbsp;&nbsp;&nbsp;AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>636,202 |
| l0 | &nbsp;&nbsp;&nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN EXCLUDES CERTAIN SHARES | &nbsp;&nbsp;&nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN EXCLUDES CERTAIN SHARES | &nbsp;&nbsp;&nbsp;&nbsp;CHECK BOX IF THE AGGREGATE AMOUNT IN EXCLUDES CERTAIN SHARES |
| ll | &nbsp;&nbsp;&nbsp;&nbsp;PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.3% | &nbsp;&nbsp;&nbsp;&nbsp;PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.3% | &nbsp;&nbsp;&nbsp;&nbsp;PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br>7.3% |
| l2 | &nbsp;&nbsp;&nbsp;&nbsp;TYPE OF REPORTING PERSON<br>IN | &nbsp;&nbsp;&nbsp;&nbsp;TYPE OF REPORTING PERSON<br>IN | &nbsp;&nbsp;&nbsp;&nbsp;TYPE OF REPORTING PERSON<br>IN |

---

(1) Includes 95,333 shares owned by Angela G. Davis, the spouse of Mr. Davis, over which he has shared voting and investment power, and 406,197 shares held by the Floyd C. Davis Sr. Family Partnership L.P., for which Mr. Davis serves as trustee, and over which he has shared voting and investment power.

------

**Item 1(a).&nbsp;&nbsp;&nbsp;&nbsp;Name of Issuer.**

Southern States Bancshares, Inc.

**Item 1(b).&nbsp;&nbsp;&nbsp;&nbsp;Address of Issuer's Principal Executive Offices.**

615 Quintard Avenue

Anniston, Alabama 36201

**Item 2(a).&nbsp;&nbsp;&nbsp;&nbsp;Name of Person Filing.**

Floyd C. Davis

**Item 2b).&nbsp;&nbsp;&nbsp;&nbsp;Address of Principal Business Office or, if None, Residence.**

271 Lynnlee Way

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Heflin, AL 36264

**Item 2(c).&nbsp;&nbsp;&nbsp;&nbsp;Citizenship or Place of Organization.**

US

**Item 2(d).&nbsp;&nbsp;&nbsp;&nbsp;Title of Class of Securities.**

Common stock, par value $5.00 per share

**Item 2(e).&nbsp;&nbsp;&nbsp;&nbsp;CUSIP Number.**

843878307

**Item 3.&nbsp;&nbsp;&nbsp;&nbsp;If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)☐ Broker or dealer registered under section l5 of the Act (l5 U.S.C.78o).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)☐ Bank as defined in section 3(a)(6) of the Act (l5 U.S.C. 78c).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)☐ Insurance company as defined in section 3(a)(l9) of the Act (l5 U.S.C. 78c).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)☐ Investment company registered under section 8 of the Investment Company Act of l940 (l5 U.S.C. 80a-8).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)☐ An investment adviser in accordance with §240.l3d-l(b)(l)(ii)(E);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)☐ An employee benefit plan or endowment fund in accordance with §240.l3d-l(b)(l)(ii)(F);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)☐ A parent holding company or control person in accordance with §240.l3d-l(b)(l)(ii)(G);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (l2 U.S.C. l8l3);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) ☐ A church plan that is excluded from the definition of an investment company under section 3(c)(l4) of the Investment Company Act of l940 (l5 U.S.C. 80a-3);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)☐ A non-U.S. institution in accordance with §240.l3d-l(b)(l)(ii)(J);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k)☐ Group, in accordance with §240.l3d-l(b)(l)(ii)(K).

If filing as a non-U.S. institution in accordance with §240.l3d-l(b)(l)(ii)(J), please specify the type of institution:<u>&nbsp;&nbsp;&nbsp;&nbsp;</u>.

------

**Item 4.&nbsp;&nbsp;&nbsp;&nbsp;Ownership.**

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item l:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)Amount beneficially owned: 636,202

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Percent of Class: 7.3%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Number of shares as to which such person has:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)sole power to vote or direct the vote: 134,672

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)shared power to vote or direct the vote: 501,530 (1)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)sole power to dispose or direct the disposition of: 134,672

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)shared power to dispose or direct the disposition of: 501,530 (1)

(1) Includes 95,333 shares owned by Angela G. Davis, the spouse of Mr. Davis, over which he has shared voting and investment power, and 406,197 shares held by the Floyd C. Davis Sr. Family Partnership L.P., for which Mr. Davis serves as trustee, and over which he has shared voting and investment power.

The Issuer had 8,706,920 shares of Common Stock outstanding as of December 31, 2022. All beneficial ownership and voting percentage calculations with respect to the Common Stock are based on the outstanding shares as of such date.

**Item 5.&nbsp;&nbsp;&nbsp;&nbsp;Ownership of Five Percent or Less of a Class.**

Not Applicable

**Item 6.&nbsp;&nbsp;&nbsp;&nbsp;Ownership of More than Five Percent on Behalf of Another Person.**

Not Applicable

**Item 7.&nbsp;&nbsp;&nbsp;&nbsp;Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.**

Not Applicable

**Item 8.&nbsp;&nbsp;&nbsp;&nbsp;Identification and Classification of Members of the Group.**

Not Applicable

**Item 9.&nbsp;&nbsp;&nbsp;&nbsp; Notice of Dissolution of Group.**

Not Applicable

**Item 10.&nbsp;&nbsp;&nbsp;&nbsp;Certification.**

Not Applicable

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**SIGNATURE**

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 9 2023

By: <u>/s/ Floyd C. Davis&nbsp;&nbsp;&nbsp;&nbsp;</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Floyd C. Davis

<br>