secwatch.observer — SEC 8-K summary
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Issuer:     SOUTHSIDE BANCSHARES INC (SBSI)
CIK:        0000705432
Form:       8-K
Filed at:   2026-07-23T21:51:02+00:00
Accession:  0000705432-26-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southside Bancshares Q2 net income $26.8M, EPS $0.90, up 25% YoY
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- Net income $26.8M, EPS $0.90 vs $21.8M, $0.72 in Q2 2025; ROAA 1.23%, ROAE 12.33%.
- Net interest income $57.3M, up 5.7% YoY; tax-equivalent NIM 2.90% vs 2.95% YoY.
- Loans $4.95B, up 7.6% YoY but only $3.4M linked quarter; deposits $6.17B, down 7.0% YoY.
- Nonperforming assets 0.11% of total assets; allowance for loan losses 0.92% of loans.
- No share repurchases in Q2; quarterly dividend $0.36 per share paid June 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/705432/000070543226000103/0000705432-26-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/705432/000070543226000103/sbsi-20260724.htm
  HTML page:      https://secwatch.observer/filing/0000705432-26-000103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer