---
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"
generated_at: "2026-05-23T04:22:18.062329+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Southside Q1 net income flat at $21.5M, EPS $0.71; NPAs surge to $32.2M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000705432-25-000072
- JSON: https://secwatch.observer/filing/0000705432-25-000072.json
- Plain text: https://secwatch.observer/filing/0000705432-25-000072.txt

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