Highest-materiality recent filing
Southside Bancshares Q2 net income $26.8M, EPS $0.90, up 25% YoY
Net income $26.8M, EPS $0.90 vs $21.8M, $0.72 in Q2 2025; ROAA 1.23%, ROAE 12.33%.
Southside Bancshares shareholders approve issuance of up to 8M shares of flexible preferred stock
Charter amendment authorizing up to 8,000,000 shares of flexible preferred stock approved with 21.8M for vs 2.0M against.
Southside Bancshares Q1 net income $23.3M, EPS $0.78, loan growth 2.7% linked quarter
Net income $23.3M vs $21.5M YoY (+8.1%); diluted EPS $0.78 vs $0.71 YoY (+9.9%).
Southside Bancshares enters split-dollar life insurance for CEO, director Bosworth to retire
CEO Keith Donahoe receives $2.1M death benefit if employed at death, adjusted 5% annually.
Southside Bancshares Q4 net income falls 3.7% to $21M; AFS restructuring yields $7.3M loss
Net income $21.0M ($0.70 diluted EPS) for Q4 2025, down 3.7% YoY; full year $69.2M ($2.29), down 21.8%.
Southside Bancshares to redeem $100M of 3.875% subordinated notes due 2030 on Feb 15, 2026
Aggregate principal of $100M (incl. $7M previously repurchased) redeemed on Feb 15, 2026.
Southside Bancshares Q3 net income down 76% to $4.9M on $24.4M securities loss
Net income $4.9M ($0.16 diluted EPS) vs $20.5M ($0.68) in Q3 2024; net interest income $55.7M.
Southside Bancshares expands board, appoints new COO, and increases share repurchase authorization
Board increased to 14 members with appointment of Keith Donahoe, Jeb Jones, and Raymond McKinney, effective Nov 15, 2025.
Southside Bancshares CEO Lee R. Gibson to retire Dec 31; President Keith Donahoe named successor
Lee R. Gibson will retire as CEO of Southside Bancshares and Southside Bank on Dec 31, 2025, but remain on both boards.
Southside Bancshares issues $150M of 7% subordinated notes due 2035; net proceeds ~$147.75M
Completed $150M offering of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035.
Southside Bancshares prices $150M subordinated notes offering at 7.00%
Issued $150M aggregate principal of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035.
Southside Bancshares COO Brian McCabe to retire Nov 14; Mitchell Craddock to succeed
Brian K. McCabe, COO of Southside Bancshares and Southside Bank, notified of retirement effective November 14, 2025.
Presentation is a fixed income investor presentation dated August 2025.
Southside Bancshares Q2 net income $21.8M ($0.72 EPS) down 11% YoY; NIM expands to 2.82%
Net income $21.8M, down 11.6% from $24.7M; diluted EPS $0.72 vs $0.81 YoY.
Shareholders approve 2025 Incentive Plan reserving 1.2M shares; elect directors at annual meeting
Shareholders approved 2025 Incentive Plan, authorizing 1,200,000 shares for future awards.
Southside Q1 net income flat at $21.5M, EPS $0.71; NPAs surge to $32.2M
EPS $0.71 flat YoY; ROAA 1.03%; net interest margin 2.74% (up 2bp YoY).
Southside Bancshares announces mandatory retirement of three directors effective May 14, 2025
Tony K. Morgan, John F. Sammons, Jr., and Donald W. Thedford retiring from Board at 2025 Annual Meeting under age policy.
Southside Bancshares Q4 net income $21.8M ($0.71 EPS), up 25.8% YoY; FY EPS $2.91
Q4 net income $21.8M, EPS $0.71 vs $0.57 YoY; FY net income $88.5M, EPS $2.91 vs $2.82.
Southside Bancshares director Trey Henderson will not stand for re-election at May 2025 meeting
George H. (Trey) Henderson, III notified the Board he will not stand for re-election at the 2025 Annual Meeting.
New Section 3.08 requires at least one Board executive session annually with only independent directors present.
Southside Bancshares transferring stock listing from Nasdaq to NYSE on Nov 15, 2024
Voluntary transfer of common stock listing from Nasdaq to NYSE effective Nov 15, 2024.
Southside Bancshares Q3 net income $20.5M, EPS $0.68, up 13% YoY
Net income $20.5M ($0.68 diluted EPS) vs $18.4M ($0.60) a year ago, up 11.2% and 13.3% respectively.
Southside Bancshares appoints Pinkley CAO, Davis CTO, Martinez CRO; CTO/CRO eff. Sept 1
April Pinkley appointed Chief Accounting Officer effective Aug 15, 2024; previously EVP and Controller.
Southside Bancshares Q2 net income $24.7M ($0.81 EPS); NIM improves linked quarter to 2.74%
Net income $24.7M, EPS $0.81 flat YoY; revenue (net interest + noninterest) $65.2M.
Southside Bancshares appoints Keith Donahoe as President; base salary $510K
Keith Donahoe, former Central Texas Regional President, appointed President of Southside Bancshares and Southside Bank.
Board elected S. Elaine Anderson, Kirk Calhoun, Patricia Callan, Bob Garrett for 3-year terms; Tony Morgan for 1-year term.
Southside Bancshares Q1 net income falls 17.4% to $21.5M; EPS $0.71 vs $0.83 YoY
Net income $21.5M, down from $26.0M YoY; diluted EPS $0.71 vs $0.83.
Tim Alexander, Chief Lending Officer, to retire effective May 31, 2024; with company since 2005 and CLO since 2017.
Southside Bancshares Q4 net income $17.3M, EPS $0.57; sells $388M securities, takes $10.4M loss
Net income $17.3M ($0.57 EPS) vs $27.7M ($0.87) in Q4 2022, down 37.4% YoY.
Southside Bancshares appoints two Directors Emeritus; Sheehy and Buie to serve as non-voting members
William Sheehy appointed Director Emeritus effective Jan 1, 2024; served on board since 1983, retired at 2023 Annual Meeting.
Southside Bancshares Q3 net income $18.4M, EPS $0.60, down 28.6% YoY; provision $7.0M; NIM 2.85%
Net income fell 31.5% to $18.4M ($0.60 diluted EPS) from $27.0M ($0.84) in Q3 2022.
Southside Bancshares Q2 2023 EPS $0.81, net income $24.9M, loan growth 4.2% linked quarter
Net income $24.9M ($0.81 diluted EPS), down 2% YoY from $25.4M ($0.79).
Southside Bancshares shareholders approve all four proposals at 2023 annual meeting
Three directors elected for terms expiring 2026: Anderson, Shands (each >20M for), Smith (18.7M for); Sammons elected for 2025 term (20.6M for).
Southside Bancshares Q1 net income $26M, EPS $0.83, NPA ratio drops to 0.04%
Net income rose 4.2% YoY to $26.0M; diluted EPS $0.83 vs $0.77.
Southside Bancshares director Sheehy to retire; director Lovelady passes away
Director William Sheehy to retire at May 17, 2023 annual meeting per mandatory age policy (75).
Southside Bancshares Q4 net income $27.7M, EPS $0.87; net interest margin expands to 3.19%
Net income $27.7M, EPS $0.87 (down 1.1% YoY); full-year EPS $3.26 vs $3.47.
Southside Bancshares increases stock repurchase authorization to 2.0M shares
Board approved an additional 1.0M shares, bringing total authorization to 2.0M shares.
Southside Bancshares Q3 net income falls 8% to $27M; EPS $0.84 vs $0.90 YoY
Net income $27.0M ($0.84 diluted EPS) vs $29.3M ($0.90) in Q3 2021; net interest income up 15.2% to $55.5M.
Southside Q2 net income $25.4M ($0.79/diluted), up 21.5% YoY; loans up 4.6% QoQ
Net income $25.4M, diluted EPS $0.79 vs $0.65 YoY; annualized ROAA 1.42%, ROATCE 18.62%.
Shareholders elected six directors to three-year terms expiring in 2025: Bosworth, Dacus, Frailey, Gibson, Henderson, Thedford.
Southside Bancshares announces committee assignments for director Alton L. Frailey
Frailey appointed to Compensation Committee and Information Technology, Digital Banking and Innovation Committee of Southside Bancshares board.
Southside Bancshares Q1 net income $25M, EPS $0.77 down 26.7% YoY
Net income $25M ($0.77 diluted EPS) vs $34.1M ($1.04) in Q1 2021, down 26.7%.
Southside Bancshares authorizes repurchase of up to 1 million shares
Board authorized repurchase of up to 1 million shares of common stock.
Southside Bancshares grants RSUs and PSUs to five executive officers under 2017 Plan
CEO Lee R. Gibson granted 3,248 RSUs and target 3,248 PSUs (35% of base salary).
Southside Bancshares reports record annual net income of $113.4M, up 38% YoY
Q4 net income $28.7M ($0.88 diluted EPS), vs $29.6M ($0.89) a year ago.
Southside Bancshares appoints Alton L. Frailey to board effective Jan 1, 2022
Board size increased by one to 17 members with Frailey's appointment.
Southside Bancshares Q3 net income $29.3M, EPS $0.90; NIM expands to 3.16%
Net income $29.3M ($0.90 diluted EPS) vs $27.1M ($0.82) in Q3 2020, +8.2% YoY.
Southside Bancshares calls for redemption of $100M 5.50% subordinated notes due 2026
Redeeming all $100M of 5.50% Fixed-to-Floating Rate Subordinated Notes due 2026 on Sept 30, 2021 at 100% principal plus accrued interest.
Southside Bancshares Q2 net income $21.3M, EPS $0.65; plans $100M sub debt redemption
Q2 net income $21.3M ($0.65 diluted EPS), flat versus $21.6M ($0.65) in Q2 2020.
On November 25, 2024, George H. (Trey) Henderson, III, a member of the Board of Directors of Southside Bancshares, Inc. (the “Company”), notified the Company of his decision to not stand for re-election at the Company’s next annual shareholder meeting in May 2025 (the “2025 Annual Meeting”).
In addition, on August 15, 2024, the Board appointed Anne Martinez, Executive Vice President and Senior Loan Review Officer of the Company to serve as the Company's Chief Risk Officer effective September 1, 2024.
On August 15, 2024, the Board of Directors (the “Board”) of Southside Bancshares, Inc. (the “Company”) appointed April Pinkley, Executive Vice President and Controller of the Company and Southside Bank (“Southside”), a subsidiary of the Company, to serve as the Company’s Chief Accounting Officer.
In addition, on August 15, 2024, the Board appointed Suni Davis, Chief Risk Officer of the Company and Southside to serve as the Company's Chief Treasury Officer effective September 1, 2024.
On May 16, 2024, the Board of Directors (the “Board”) of Southside Bancshares, Inc. (the “Company”) appointed Keith Donahoe, Regional President of Central Texas of Southside Bank (“Southside”), a subsidiary of the Company, to serve as the Company’s President.
Tim Alexander, Chief Lending Officer of Southside Bancshares, Inc. (the “Company) and Southside Bank (the “Bank”), a subsidiary of the Company, and advisory director of the Bank, notified the Company of his decision to retire, effective May 31, 2024.
Curtis Burchard will be appointed Chief Lending Officer of the Company and the Bank, an action that is expected to be approved by the Board of Directors of the Bank and the Company at the respective Board meetings on March 21, 2024, to become effective on April 15, 2024.
In addition, on December 21, 2023, the Board appointed Herbert C. Buie as Director Emeritus, effective as of the 2024 Annual Meeting of Shareholders (the “2024 Annual Meeting”).
On December 21, 2023, the Board of Directors (the “Board”) of Southside Bancshares, Inc. (the “Company”) appointed William Sheehy as Director Emeritus, effective January 1, 2024.
acknowledged director William Sheehy’s retirement from the Board, effective upon the expiration of his term at the 2023 Annual Meeting of Shareholders (the “2023 Annual Meeting”), scheduled for May 17, 2023
on February 25, 2023, Melvin B. Lovelady, a director of the Company since 2005, passed away after a brief illness.
the Board of Directors (the “Board”) of Southside Bancshares, Inc. (the “Company”) elected to increase the size of the board of directors of the Company by one, to 17 members with the appointment of Alton L. Frailey to serve as a member of the Board, both effective January 1, 2022.
Max materiality 0.80 · Median 0.55 · Most common event earnings