Southside Bancshares Files 8-K on Financials

Ticker: SBSI · Form: 8-K · Filed: Apr 25, 2024 · CIK: 705432

Southside Bancshares Inc 8-K Filing Summary
FieldDetail
CompanySouthside Bancshares Inc (SBSI)
Form Type8-K
Filed DateApr 25, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$1.25
Sentimentneutral

Sentiment: neutral

Topics: financial-reporting, results-of-operations

Related Tickers: SBSI

TL;DR

SOUTHSIDE BANCSHARES (SBSI) filed an 8-K detailing financial results as of April 24, 2024.

AI Summary

Southside Bancshares, Inc. filed an 8-K on April 25, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to the period ending April 24, 2024. The company, incorporated in Texas, operates as a commercial bank.

Why It Matters

This filing provides investors with updated financial information and operational results for Southside Bancshares, Inc., crucial for assessing the company's performance and future prospects.

Risk Assessment

Risk Level: low — This is a routine financial reporting filing with no immediate indication of significant adverse events.

Key Players & Entities

  • Southside Bancshares, Inc. (company) — Registrant
  • Texas (location) — State of Incorporation
  • April 25, 2024 (date) — Date of Report
  • April 24, 2024 (date) — Date of earliest event reported

FAQ

What specific financial information is being reported in this 8-K?

This 8-K reports on the 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits'.

When was the earliest event reported in this filing?

The earliest event reported in this filing was on April 24, 2024.

What is the principal executive office address for Southside Bancshares, Inc.?

The address of the Principal Executive Offices is 1201 S. Beckham Avenue, Tyler, TX 75701.

Under which section of the SEC Act is this report filed?

This is a Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is the SIC code for Southside Bancshares, Inc.?

The Standard Industrial Classification (SIC) code is 6022 for State Commercial Banks.

Filing Stats: 553 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-04-24 17:51:37

Key Financial Figures

  • $1.25 — ange on which registered Common stock, $1.25 par value SBSI NASDAQ Global Select Mar

Filing Documents

02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION. On April 25, 2024, Southside Bancshares, Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2024. A copy of the press release is attached as Exhibit 99.1 hereto and is hereby incorporated herein by reference. The information in this Current Report on Form 8-K, including the attached exhibit, is being furnished as provided in General Instruction B.2 to Form 8-K, to the Securities and Exchange Commission and shall not be deemed to be "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Furthermore the information contained in this Current Report on Form 8-K shall not be deemed to be incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing.

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS (D) Exhibits. The following materials are furnished as exhibits to this Current Report on Form 8-K: Exhibit Number Description of Exhibit 99.1 Press release dated April 25, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Southside Bancshares, Inc. Date: April 25, 2024 By: /s/ JULIE N. SHAMBURGER Julie N. Shamburger, CPA Chief Financial Officer (Principal Financial and Accounting Officer)

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