{"schema_version":"secwatch.filing_event.v1","accession":"0000705432-23-000144","form_type":"8-K","ticker":"SBSI","cik":"0000705432","company_name":"SOUTHSIDE BANCSHARES INC","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.447371+00:00","generated_at":"2026-06-13T03:34:04.594407+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Southside Bancshares Q2 2023 EPS $0.81, net income $24.9M, loan growth 4.2% linked quarter","bullets":["Net income $24.9M ($0.81 diluted EPS), down 2% YoY from $25.4M ($0.79).","Loans grew $176.4M (4.2%) linked quarter to $4.33B.","Deposits increased $279.5M (4.8%) QoQ to $6.12B; brokered deposits $770M.","Nonperforming assets $3.1M, 0.04% of total assets, down 74% YoY.","Board authorized stock repurchase of up to 1.0M shares; none purchased as of July 25."],"urls":{"canonical":"https://secwatch.observer/filing/0000705432-23-000144","json":"https://secwatch.observer/filing/0000705432-23-000144.json","markdown":"https://secwatch.observer/filing/0000705432-23-000144.md","text":"https://secwatch.observer/filing/0000705432-23-000144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/705432/000070543223000144/0000705432-23-000144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/705432/000070543223000144/sbsi-20230725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:34:04.594407+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"517c657f3777f3866ae84801d30b8d1f88f32494","claim":"SOUTHSIDE BANCSHARES INC reported the second quarter ended June 30, 2023 results: net income $24.9 million, EPS $0.81.","evidence_excerpt":"Southside reported net income of $24.9 million for the three months ended June 30, 2023, a decrease of $0.5 million, or 2.0%, compared to $25.4 million for the same period in 2022. Earnings per diluted common share increased $0.02, or 2.5%, to $0.81 for the three months ended June 30, 2023, from $0.79 for the same period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/705432/000070543223000144/0000705432-23-000144-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Net income","value":"$24.9 million"},{"label":"EPS","value":"$0.81"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"bc08274b983ccbb66c9822267a7b2b18b071afb6","claim":"SOUTHSIDE BANCSHARES INC reported the six months ended June 30, 2023 results: net income $50.9 million, EPS $1.64.","evidence_excerpt":"Net income was $50.9 million for the six months ended June 30, 2023, compared to $50.4 million for the same period in 2022, an increase of $0.5 million, or 1.0%. Earnings per diluted common share were $1.64 for the six months ended June 30, 2023, compared to $1.56 for the same period in 2022, an increase of 5.1%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/705432/000070543223000144/0000705432-23-000144-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the six months ended June 30, 2023"},{"label":"Net income","value":"$50.9 million"},{"label":"EPS","value":"$1.64"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}