{"schema_version":"secwatch.filing_event.v1","accession":"0000705432-25-000072","form_type":"8-K","ticker":"SBSI","cik":"0000705432","company_name":"SOUTHSIDE BANCSHARES INC","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.059616+00:00","generated_at":"2026-05-23T04:22:18.062329+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Southside Q1 net income flat at $21.5M, EPS $0.71; NPAs surge to $32.2M","bullets":["EPS $0.71 flat YoY; ROAA 1.03%; net interest margin 2.74% (up 2bp YoY).","Nonperforming assets surged to $32.2M (0.39% of assets) from $3.6M at Dec 2024; driven by a $27.5M restructured CRE loan.","Loans fell 2.0% linked quarter to $4.57B; deposits down 1.0% to $6.59B.","Provision for credit losses on loans only $42k; allowance 0.98% of loans; classified loans rose to $67M from $48M.","After quarter-end, repurchased 196,419 shares at avg $26.82; dividend unchanged at $0.36."],"urls":{"canonical":"https://secwatch.observer/filing/0000705432-25-000072","json":"https://secwatch.observer/filing/0000705432-25-000072.json","markdown":"https://secwatch.observer/filing/0000705432-25-000072.md","text":"https://secwatch.observer/filing/0000705432-25-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/705432/000070543225000072/0000705432-25-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/705432/000070543225000072/sbsi-20250429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T04:22:18.062329+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"}