---
schema_version: "secwatch.filing_event.v1"
accession: "0000705432-21-000169"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2021-10-26T23:59:59+00:00"
generated_at: "2026-06-28T18:12:21.161390+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares Q3 net income $29.3M, EPS $0.90; NIM expands to 3.16%

## Summary
- Net income $29.3M ($0.90 diluted EPS) vs $27.1M ($0.82) in Q3 2020, +8.2% YoY.
- Net interest margin (TE) increased to 3.16% from 3.02% YoY; annualized ROAA of 1.61%.
- Annualized linked-quarter loan growth ex-PPP 7.9%; deposit growth 13.5%; NPA ratio 0.17%.
- Redeemed $100M 5.50% subordinated notes due 2026, incurring $1.1M loss in Q3.
- Completed share repurchase plan with 420,204 shares bought in Q3 at avg $36.74.

## SEC filing metadata
- accession: 0000705432-21-000169
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2021-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/705432/000070543221000169/0000705432-21-000169-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000070543221000169/sbsi-20211026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-21-000169
- JSON: https://secwatch.observer/filing/0000705432-21-000169.json
- Plain text: https://secwatch.observer/filing/0000705432-21-000169.txt

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