---
schema_version: "secwatch.filing_event.v1"
accession: "0000705432-22-000157"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:27:44.587629+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares Q3 net income falls 8% to $27M; EPS $0.84 vs $0.90 YoY

## Summary
- Net income $27.0M ($0.84 diluted EPS) vs $29.3M ($0.90) in Q3 2021; net interest income up 15.2% to $55.5M.
- Net interest margin (FTE) rose to 3.36% from 3.16% YoY; linked quarter loans ex-PPP grew 2.6%.
- Nonperforming assets low at 0.16% of total assets; provision for credit losses was $1.5M vs reversal of $5.1M in Q3 2021.
- Dividend declared $0.34 per share unchanged; stock repurchase plan has 685k shares remaining.
- Annualized ROA 1.43% vs 1.61% YoY; ROE 14.23% vs 12.89%.

## SEC filing metadata
- accession: 0000705432-22-000157
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2022-10-25T23:59:59+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/705432/000070543222000157/0000705432-22-000157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000070543222000157/sbsi-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-22-000157
- JSON: https://secwatch.observer/filing/0000705432-22-000157.json
- Plain text: https://secwatch.observer/filing/0000705432-22-000157.txt

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