{"schema_version":"secwatch.filing_event.v1","accession":"0000705432-24-000011","form_type":"8-K","ticker":"SBSI","cik":"0000705432","company_name":"SOUTHSIDE BANCSHARES INC","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.706752+00:00","generated_at":"2026-06-06T16:54:13.711724+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Southside Bancshares Q4 net income $17.3M, EPS $0.57; sells $388M securities, takes $10.4M loss","bullets":["Net income $17.3M ($0.57 EPS) vs $27.7M ($0.87) in Q4 2022, down 37.4% YoY.","Sold ~$388M of lower-yielding securities, recording a $10.4M net loss; proceeds reinvested.","Net interest income $54.5M, down 4.1% YoY; net interest margin 2.83% vs 3.19%.","Loans grew 2.3% linked Q to $4.52B; deposits +3.2% to $6.55B; NPAs at 0.05% of assets.","Full year net income $86.7M ($2.82 EPS) vs $105.0M ($3.26); dividend $0.35 + $0.02 special."],"urls":{"canonical":"https://secwatch.observer/filing/0000705432-24-000011","json":"https://secwatch.observer/filing/0000705432-24-000011.json","markdown":"https://secwatch.observer/filing/0000705432-24-000011.md","text":"https://secwatch.observer/filing/0000705432-24-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/705432/000070543224000011/0000705432-24-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/705432/000070543224000011/sbsi-20240126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:54:13.711724+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":"628bcb1412ffc449d1ec8fe9a80c618aa6772114","claim":"SOUTHSIDE BANCSHARES INC reported financial results for the fourth quarter and year ended December 31, 2023.","evidence_excerpt":"On January 26, 2024, Southside Bancshares, Inc. issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/705432/000070543224000011/0000705432-24-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"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"}