{"schema_version":"secwatch.filing_event.v1","accession":"0000705432-26-000006","form_type":"8-K","ticker":"SBSI","cik":"0000705432","company_name":"SOUTHSIDE BANCSHARES INC","filed_at":"2026-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.499358+00:00","generated_at":"2026-05-16T06:41:33.205753+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Southside Bancshares Q4 net income falls 3.7% to $21M; AFS restructuring yields $7.3M loss","bullets":["Net income $21.0M ($0.70 diluted EPS) for Q4 2025, down 3.7% YoY; full year $69.2M ($2.29), down 21.8%.","Tax-equivalent net interest margin improved 4 bps linked quarter to 2.98%; net interest income +$1.5M QoQ.","Sold $82M of lower-yielding municipals at $7.3M loss in Q4; full year AFS securities losses $32.3M vs $2.5M in 2024.","Nonperforming assets rose to 0.45% of total assets from 0.04% a year ago, driven by $27.5M restructured CRE loan.","Plans to redeem $93M subordinated notes due 2030 (7.51% rate) on Feb 15, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0000705432-26-000006","json":"https://secwatch.observer/filing/0000705432-26-000006.json","markdown":"https://secwatch.observer/filing/0000705432-26-000006.md","text":"https://secwatch.observer/filing/0000705432-26-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/705432/000070543226000006/0000705432-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/705432/000070543226000006/sbsi-20260129.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T06:41:33.205753+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"}