---
schema_version: "secwatch.filing_event.v1"
accession: "0000705432-24-000168"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:28:48.238288+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares Q2 net income $24.7M ($0.81 EPS); NIM improves linked quarter to 2.74%

## Summary
- Net income $24.7M, EPS $0.81 flat YoY; revenue (net interest + noninterest) $65.2M.
- Net interest margin (tax-equivalent) 2.87% (GAAP 2.74%), up 1bp linked quarter.
- Nonperforming assets $6.9M (0.08% of assets), up from $3.1M (0.04%) a year ago.
- Loans grew 6.0% YoY to $4.59B; deposits grew 6.2% YoY to $6.50B.
- Repurchased 57,966 shares at avg $26.22; declared $0.36 dividend.

## SEC filing metadata
- accession: 0000705432-24-000168
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/705432/000070543224000168/0000705432-24-000168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000070543224000168/sbsi-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-24-000168
- JSON: https://secwatch.observer/filing/0000705432-24-000168.json
- Plain text: https://secwatch.observer/filing/0000705432-24-000168.txt

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