TYLER, Texas, July 25, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. ("Southside" or the "Company") (NASDAQ: SBSI) today reported its financial results for the quarter ended June 30, 2024. Southside reported net income of $24.7 million for the three months ended June 30, 2024, a decrease of $0.2 million, or 0.9%, compared to $24.9 million for the same period in 2023. Earnings per diluted common share remained the same at $0.81 for both of the three-month periods ended June 30, 2024 and 2023. The annua ...

| --- | --- | --- | --- | |---------------------------------------------------------------------|------------------------------------|-------|-------------| | | Six Months Ended \nJune 30, \n2024 | | 2023 | | Income Statement: | | | | | Total interest income | $ 206,944 | | $ 167,724 | | Total interest expense | 99,988 | | 60,455 | | Net interest income | 106,956 | | 107,269 | | Provision for (reversal of) credit losses | (427 | ) | (114 | | Net interest income after provision for (reversal of) credit losse ...

About Southside Bancshares, Inc. Those interested in participating in the question and answer session, or others who prefer to call-in, can register using this online form to receive the dial-in number and unique code to access the conference call seamlessly. While not required, it is recommended that those wishing to participate register 10 minutes prior to the conference call to ensure a more efficient registration process. The call will be hosted by Lee R. Gibson, CEO, Julie Shamburger, CFO, and Suni Dav ...

Core Viewpoint - Southside Bancshares, Inc. will release its second quarter financial results on July 25, 2024, and will host a conference call to discuss these results [1][2]. Group 1: Financial Results Announcement - The financial results for the second quarter will be announced before the market opens on July 25, 2024 [1]. - A conference call will take place on the same day at 11:00 a.m. CDT to discuss the results [1][2]. Group 2: Conference Call Details - The call will be hosted by CEO Lee R. Gibson, CFO Julie Shamburger, and CRO Suni Davis, followed by a Q&A session for analysts [2]. - Participants can access the conference call via webcast or by registering for a dial-in number [3][4]. - A recording of the conference call will be available for at least 30 days after the event [5]. Group 3: Company Overview - Southside Bancshares, Inc. is headquartered in Tyler, Texas, with approximately $8.35 billion in assets as of March 31, 2024 [6]. - The company operates 54 branches and a network of 73 ATMs/ITMs across East Texas and major metropolitan areas [6]. - Southside Bank offers a comprehensive range of financial products and services, including loans, mortgages, deposit accounts, and wealth management [6].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 000-12247 Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 (Address of Principal Executive Offices) (Zip Code) Indicate by check mark wh ...

Southside Bancshares, Inc. (NASDAQ:SBSI) Q1 2024 Earnings Conference Call April 25, 2024 12:00 PM ET Company Participants Lindsey Bailes - VP of IR Lee Gibson - President and CEO Julie Shamburger - CFO Conference Call Participants Brett Rabatin - Hovde Group Matt Olney - Stephens Woody Lay - KBW Operator Good day, and thank you for standing by. Welcome to the Southside Bancshares Fourth Quarter 2024 Earnings Call. At this time, all participants are in listen-only mode. After the speaker's presentation, ther ...

Net income was $21.5 million for the three months ended March 31, 2024, compared to $26.0 million for the same period in 2023, a decrease of $4.5 million, or 17.4%. Earnings per diluted common share were $0.71 and $0.83 for the three months ended March 31, 2024 and 2023, respectively. The decrease in net income was primarily a result of the decrease in noninterest income and the increase in noninterest expense. Annualized returns on average assets and average shareholders' equity for the three months ended ...

Form 10-K (Mark One) Table of Contents ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From _______ to _______ Commission file number 000-12247 SOUTHSIDE BANCSHARES, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organi ...

Southside Bancshares, Inc. (NASDAQ:SBSI) Q4 2023 Earnings Call Transcript January 26, 2024 12:00 PM ET Company Participants Lindsey Bailes - VP of IR Lee Gibson - President and CEO Julie Shamburger - CFO Conference Call Participants Graham Dick - Piper Sandler Mark Shutley - KBW Matt Olney - Stephens Inc. Operator Thank you for standing by, and welcome to Southside Bancshares Fourth Quarter and Year-End 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speake ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 000-12247 SOUTHSIDE BANCSHARES, INC. (Exact name of registrant as specified in its ...