{"schema_version":"secwatch.filing_event.v1","accession":"0000705432-24-000221","form_type":"8-K","ticker":"SBSI","cik":"0000705432","company_name":"SOUTHSIDE BANCSHARES INC","filed_at":"2024-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.837673+00:00","generated_at":"2026-05-30T10:44:20.245050+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Southside Bancshares Q3 net income $20.5M, EPS $0.68, up 13% YoY","bullets":["Net income $20.5M ($0.68 diluted EPS) vs $18.4M ($0.60) a year ago, up 11.2% and 13.3% respectively.","Net interest income $55.5M (+4.1% YoY); net interest margin 2.82% (tax-equiv. 2.95%), up 8 bps linked quarter.","Sold $28M of low-yielding municipal securities, recording $1.9M loss; reinvested in higher-yielding agency MBS.","Nonperforming assets remain low at 0.09% of total assets; allowance for loan losses 0.97% of loans.","Loan portfolio $4.58B (+3.6% YoY); deposits $6.44B (+1.4% YoY); total assets $8.36B."],"urls":{"canonical":"https://secwatch.observer/filing/0000705432-24-000221","json":"https://secwatch.observer/filing/0000705432-24-000221.json","markdown":"https://secwatch.observer/filing/0000705432-24-000221.md","text":"https://secwatch.observer/filing/0000705432-24-000221.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/705432/000070543224000221/0000705432-24-000221-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/705432/000070543224000221/sbsi-20241024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T10:44:20.245050+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}