---
schema_version: "secwatch.filing_event.v1"
accession: "0000705432-21-000141"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2021-08-20T23:59:59+00:00"
generated_at: "2026-06-29T08:46:30.161653+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares calls for redemption of $100M 5.50% subordinated notes due 2026

## Summary
- Redeeming all $100M of 5.50% Fixed-to-Floating Rate Subordinated Notes due 2026 on Sept 30, 2021 at 100% principal plus accrued interest.
- CEO states redemption will lower funding costs and be accretive to earnings.
- Interest on Notes will cease accruing on and after the Redemption Date.

## SEC filing metadata
- accession: 0000705432-21-000141
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2021-08-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/705432/000070543221000141/0000705432-21-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000070543221000141/sbsi-20210820.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-21-000141
- JSON: https://secwatch.observer/filing/0000705432-21-000141.json
- Plain text: https://secwatch.observer/filing/0000705432-21-000141.txt

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