Southside Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	403.07	279.37	244.8	170.41	144.8
Interest Income on Investments	-	134.97	114.94	82.57	71.18
Total Interest Income	403.07	414.34	359.74	252.98	215.99
Interest Paid on Deposits	181.99	153.66	108.16	29.08	9.4
Interest Paid on Borrowings	-	44.55	36.56	11.57	17.03
Total Interest Expense	181.99	198.21	144.71	40.64	26.43
Net Interest Income	221.08	216.13	215.03	212.34	189.56
Net Interest Income Growth (YoY)	2.29%	0.51%	1.26%	12.02%	1.22%
Trust Income	7.87	6.19	5.91	5.99	5.96
Gain (Loss) on Sale of Investments	-32.27	-2.56	-10.85	-4.5	3.69
Other Non-Interest Income	15.48	13.64	14.71	13	11.68
Total Non-Interest Income	15.96	41.73	35.83	40.86	49.34
Non-Interest Income Growth (YoY)	-61.77%	16.46%	-12.29%	-17.19%	-0.80%
Revenues Before Loan Losses	237.04	257.86	250.86	253.2	238.89
Provision for Loan Losses	3.05	3.35	9.15	3.24	-16.96
Revenue	233.99	254.51	241.71	249.96	255.86
Revenue Growth (YoY)	-8.06%	5.30%	-3.30%	-2.31%	18.02%
Salaries and Employee Benefits	90.27	85.77	81.07	78.41	75.87
Occupancy Expenses	14.5	12.5	12.89	13.36	12.43
Federal Deposit Insurance	3.76	3.79	3.56	1.95	1.81
Amortization of Goodwill & Intangibles	0.74	1.17	1.7	2.27	2.85
Selling, General & Administrative	22.46	28.02	26.66	23.13	20.12
Other Non-Interest Expense	19.63	15.89	14.7	11.21	10.84
Total Non-Interest Expense	151.36	147.14	140.58	130.33	123.91
EBT Excluding Unusual Items	82.63	107.38	101.13	119.63	131.95
Other Unusual Items	-	-	-	-	-1.12
Pretax Income	82.63	107.38	101.13	119.63	130.83
Income Tax Expense	13.41	18.88	14.44	14.61	17.43
Net Income	69.22	88.49	86.69	105.02	113.4
Preferred Dividends & Other Adjustments	-	0.06	0.04	0.03	-
Net Income to Common	69.22	88.44	86.65	104.99	113.4
Net Income Growth	-21.78%	2.08%	-17.45%	-7.39%	38.04%
Basic Shares Outstanding	30	30	31	32	33
Diluted Shares Outstanding	30	30	31	32	33
Shares Change (YoY)	-0.47%	-1.27%	-4.63%	-1.35%	-1.77%
EPS (Basic)	2.30	2.92	2.82	3.27	3.48
EPS (Diluted)	2.29	2.91	2.82	3.26	3.47
EPS Growth	-21.31%	3.19%	-13.50%	-6.05%	40.49%
Dividend Per Share	1.440	1.440	1.400	1.360	1.310
Dividend Growth	-	2.86%	2.94%	3.82%	4.80%
Effective Tax Rate	16.23%	17.59%	14.28%	12.21%	13.32%

Updated Jan 29, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q