Southside Bancshares Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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	286.89	275.62	279.37	244.8	170.41	144.8
Interest Income on Investments	128.49	127.45	134.97	114.94	82.57	71.18
Total Interest Income	415.37	403.07	414.34	359.74	252.98	215.99
Interest Paid on Deposits	133.74	151.18	153.66	108.16	29.08	9.4
Interest Paid on Borrowings	49.07	30.81	44.55	36.56	11.57	17.03
Total Interest Expense	182.81	181.99	198.21	144.71	40.64	26.43
Net Interest Income	232.57	221.08	216.13	215.03	212.34	189.56
Net Interest Income Growth	6.91%	2.29%	0.51%	1.26%	12.02%	1.22%
Trust Income	9.42	7.87	6.19	5.91	5.99	5.96
Gain (Loss) on Sale of Investments	-7.56	-32.1	-2.56	-10.85	-4.5	3.69
Other Non-Interest Income	17.73	15.31	13.64	14.71	13	11.68
Total Non-Interest Income	45.32	15.96	41.73	35.83	40.86	49.34
Non-Interest Income Growth	100.01%	-61.77%	16.46%	-12.29%	-17.19%	-0.80%
Revenues Before Loan Losses	277.89	237.04	257.86	250.86	253.2	238.89
Provision for Loan Losses	2.82	3.05	3.35	9.15	3.24	-16.96
Revenue	275.07	233.99	254.51	241.71	249.96	255.86
Revenue Growth	16.38%	-8.06%	5.30%	-3.30%	-2.31%	18.02%
Salaries and Employee Benefits	88.6	86.23	85.77	81.07	78.41	75.87
Occupancy Expenses	12.59	12.66	12.5	12.89	13.36	12.43
Federal Deposit Insurance	3.82	3.76	3.79	3.56	1.95	1.81
Amortization of Goodwill & Intangibles	0.51	0.74	1.17	1.7	2.27	2.85
Selling, General & Administrative	30.76	28.35	28.02	26.66	23.13	20.12
Other Non-Interest Expense	17.48	18.43	15.89	14.7	11.21	10.84
Total Non-Interest Expense	153.76	150.16	147.14	140.58	130.33	123.91
EBT Excluding Unusual Items	121.31	83.83	107.38	101.13	119.63	131.95
Other Unusual Items	-1.99	-1.2	-	-	-	-1.12
Pretax Income	119.91	82.63	107.38	101.13	119.63	130.83
Income Tax Expense	20.85	13.41	18.88	14.44	14.61	17.43
Net Income	99.06	69.22	88.49	86.69	105.02	113.4
Preferred Dividends & Other Adjustments	0.05	0.04	0.06	0.04	0.03	-
Net Income to Common	99.01	69.18	88.44	86.65	104.99	113.4
Net Income Growth	41.49%	-21.78%	2.06%	-17.47%	-7.41%	38.04%
Basic Shares Outstanding	30	30	30	31	32	33
Diluted Shares Outstanding	30	30	30	31	32	33
Shares Change	-1.51%	-0.47%	-1.27%	-4.63%	-1.35%	-1.77%
EPS (Basic)	3.32	2.30	2.92	2.82	3.27	3.48
EPS (Diluted)	3.31	2.29	2.91	2.82	3.26	3.47
EPS Growth	43.91%	-21.31%	3.19%	-13.50%	-6.05%	40.49%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	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
Dividend Per Share	1.450	1.440	1.440	1.400	1.360	1.310
Dividend Growth	0.69%	0%	2.86%	2.94%	3.82%	4.80%
Effective Tax Rate	17.39%	16.23%	17.59%	14.28%	12.21%	13.32%

SEC Filings: 10-K · 10-Q