---
schema_version: "secwatch.filing_event.v1"
accession: "0000705432-21-000132"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2021-07-23T23:59:59+00:00"
generated_at: "2026-06-30T03:04:50.944400+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares Q2 net income $21.3M, EPS $0.65; plans $100M sub debt redemption

## Summary
- Q2 net income $21.3M ($0.65 diluted EPS), flat versus $21.6M ($0.65) in Q2 2020.
- Net interest income $45.6M, down 3.4% YoY; net interest margin 2.86% (up 2 bps YoY).
- Nonperforming assets 0.21% of total assets, down from 0.24% a year ago.
- Anticipates redemption of $100M 5.5% sub debt on Sept 30, 2021, pending regulatory approval.
- Deposits $5.16B (+1.7% YoY); loans $3.64B (-5.5% YoY, partly due to PPP forgiveness).

## SEC filing metadata
- accession: 0000705432-21-000132
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2021-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/705432/000070543221000132/0000705432-21-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000070543221000132/sbsi-20210723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-21-000132
- JSON: https://secwatch.observer/filing/0000705432-21-000132.json
- Plain text: https://secwatch.observer/filing/0000705432-21-000132.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.