---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-078763"
form_type: "8-K"
ticker: "SBSI"
cik: "0000705432"
company_name: "SOUTHSIDE BANCSHARES INC"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:44:43.008962+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Southside Bancshares issues $150M of 7% subordinated notes due 2035; net proceeds ~$147.75M

## Summary
- Completed $150M offering of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035.
- Net proceeds ~$147.75M; may redeem $150M of 3.875% Notes due 2030 or use for general purposes.
- Notes qualify as Tier 2 regulatory capital; fixed 7% for 5 years then SOFR+357 bps floating.
- Issued under Indenture with Wilmington Trust; subordinated to senior debt, structurally subordinated to subsidiary liabilities.

## SEC filing metadata
- accession: 0001104659-25-078763
- form_type: 8-K
- ticker: SBSI
- cik: 0000705432
- company_name: SOUTHSIDE BANCSHARES INC
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/705432/000110465925078763/0001104659-25-078763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/705432/000110465925078763/tm2523350d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-078763
- JSON: https://secwatch.observer/filing/0001104659-25-078763.json
- Plain text: https://secwatch.observer/filing/0001104659-25-078763.txt

## Key facts
- Debt Financings
  SOUTHSIDE BANCSHARES INC incurred senior notes of $150,000,000 aggregate principal amount with Wilmington Trust, National Association at 7.00% per annum, payable semi-annually in arrears on February 15 and August 15 o maturing August 15, 2035.
  - Instrument: senior notes
  - Principal: $150,000,000 aggregate principal amount
  - Counterparty: Wilmington Trust, National Association
  - Rate: 7.00% per annum, payable semi-annually in arrears on February 15 and August 15 o
  - Maturity: August 15, 2035
  - Event: incurrence
  source text: On August 14, 2025, Southside Bancshares, Inc. (the “Company”) completed its previously-announced public offering (the “Offering”) of $150,000,000 aggregate principal amount of its 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/705432/000110465925078763/0001104659-25-078763-index.htm

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