---
schema_version: "secwatch.filing_event.v1"
accession: "0000705432-22-000059"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:49:25.498207+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares Q1 net income $25M, EPS $0.77 down 26.7% YoY

## Summary
- Net income $25M ($0.77 diluted EPS) vs $34.1M ($1.04) in Q1 2021, down 26.7%.
- Loan growth ex-PPP of 8.3% YoY and 4.8% linked quarter; total loans $3.80B.
- Nonperforming assets low at 0.16% of total assets; allowance for loan losses 0.93%.
- Net interest margin 3.03% (3.22% tax-equiv) vs 3.01% YoY; noninterest income down 21.3% on securities loss.
- Board authorized repurchase of up to 1M shares; bought 82,285 shares in Q1, additional 139,737 post-quarter.

## SEC filing metadata
- accession: 0000705432-22-000059
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/705432/000070543222000059/0000705432-22-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000070543222000059/sbsi-20220426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-22-000059
- JSON: https://secwatch.observer/filing/0000705432-22-000059.json
- Plain text: https://secwatch.observer/filing/0000705432-22-000059.txt

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