{"schema_version":"secwatch.filing_event.v1","accession":"0000705432-25-000203","form_type":"8-K","ticker":"SBSI","cik":"0000705432","company_name":"SOUTHSIDE BANCSHARES INC","filed_at":"2025-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.944840+00:00","generated_at":"2026-05-17T02:23:40.622411+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Southside Bancshares Q3 net income down 76% to $4.9M on $24.4M securities loss","bullets":["Net income $4.9M ($0.16 diluted EPS) vs $20.5M ($0.68) in Q3 2024; net interest income $55.7M.","Sold $325M of low-yield AFS securities at $24.4M loss; issued $150M subordinated debt at 7.00%.","Loans grew $163.4M QoQ; deposits +$329.6M; NIM (tax-equiv) flat at 2.94%.","Nonperforming assets rose to $35.6M (0.42% of assets) vs $7.7M a year ago, largely a $27.5M restructured CRE loan.","Board authorized additional 1M share buyback; Q3 repurchased 26,692 shares at avg $30.24."],"urls":{"canonical":"https://secwatch.observer/filing/0000705432-25-000203","json":"https://secwatch.observer/filing/0000705432-25-000203.json","markdown":"https://secwatch.observer/filing/0000705432-25-000203.md","text":"https://secwatch.observer/filing/0000705432-25-000203.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/705432/000070543225000203/0000705432-25-000203-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/705432/000070543225000203/sbsi-20251024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:23:40.622411+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"}