SOUTHSIDE BANCSHARES INC
For the period ended Sep 30, 2024. Filed Oct 28, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 28, 2024
SBSI$35.08+2.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
(in thousands, except share and per share data)
| CommonStock | Paid InCapital | RetainedEarnings | TreasuryStock | Accumulated Other Comprehensive Income (Loss) | TotalShareholders’Equity | |
|---|---|---|---|---|---|---|
| Balance at December 31, 2023 | $47,550 | $788,840 | $282,355 | $(231,995) | $(113,462) | $773,288 |
| Net income | — | — | 21,511 | — | — | 21,511 |
| Other comprehensive income (loss) | — | — | — | — | 2,603 | 2,603 |
| Issuance of common stock for dividend reinvestment plan (10,683 shares) | 13 | 293 | — | — | — | 306 |
| Stock compensation expense | — | 756 | — | — | — | 756 |
| Net issuance of common stock under employee stock plans (23,575 shares) | — | 75 | (95) | 370 | — | 350 |
| Cash dividends paid on common stock ($0.36 per share) | — | — | (10,892) | — | — | (10,892) |
| Balance at March 31, 2024 | 47,563 | 789,964 | 292,879 | (231,625) | (110,859) | 787,922 |
| Net income | — | — | 24,673 | — | — | 24,673 |
| Other comprehensive income (loss) | — | — | — | — | (95) | (95) |
| Issuance of common stock for dividend reinvestment plan (11,060 shares) | 14 | 276 | — | — | — | 290 |
| Purchase of common stock (57,966 shares) | — | — | — | (1,510) | — | (1,510) |
| Stock compensation expense | — | 761 | — | — | — | 761 |
| Net issuance of common stock under employee stock plans (23,778 shares) | — | (442) | (95) | 371 | — | (166) |
| Cash dividends paid on common stock ($0.36 per share) | — | — | (10,905) | — | — | (10,905) |
| Balance at June 30, 2024 | 47,577 | 790,559 | 306,552 | (232,764) | (110,954) | 800,970 |
| Net income | — | — | 20,524 | — | — | 20,524 |
| Other comprehensive income (loss) | — | — | — | — | (7,545) | (7,545) |
| Issuance of common stock for dividend reinvestment plan (8,701 shares) | 11 | 279 | — | — | — | 290 |
| Stock compensation expense | — | 987 | — | — | — | 987 |
| Net issuance of common stock under employee stock plans (38,553 shares) | — | 424 | (121) | 630 | — | 933 |
| Cash dividends paid on common stock ($0.36 per share) | — | — | (10,905) | — | — | (10,905) |
| Balance at September 30, 2024 | $47,588 | $792,249 | $316,050 | $(232,134) | $(118,499) | $805,254 |
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (continued)
(in thousands, except share and per share data)
| CommonStock | Paid InCapital | RetainedEarnings | TreasuryStock | Accumulated Other Comprehensive Income (Loss) | TotalShareholders’Equity | |
|---|---|---|---|---|---|---|
| Balance at December 31, 2022 | $47,501 | $784,545 | $239,610 | $(188,203) | $(137,456) | $745,997 |
| Net income | — | — | 26,034 | — | — | 26,034 |
| Other comprehensive income (loss) | — | — | — | — | 4,144 | 4,144 |
| Issuance of common stock for dividend reinvestment plan (8,026 shares) | 10 | 292 | — | — | — | 302 |
| Purchase of common stock (457,394 shares) | — | — | — | (15,945) | — | (15,945) |
| Stock compensation expense | — | 914 | — | — | — | 914 |
| Net issuance of common stock under employee stock plans (23,919 shares) | — | 368 | (91) | 295 | — | 572 |
| Cash dividends paid on common stock ($0.35 per share) | — | — | (10,988) | — | — | (10,988) |
| Balance at March 31, 2023 | 47,511 | 786,119 | 254,565 | (203,853) | (133,312) | 751,030 |
| Net income | — | — | 24,893 | — | — | 24,893 |
| Other comprehensive income (loss) | — | — | — | — | 17,619 | 17,619 |
| Issuance of common stock for dividend reinvestment plan (10,390 shares) | 13 | 286 | — | — | — | 299 |
| Purchase of common stock (618,831 shares) | — | — | — | (18,725) | — | (18,725) |
| Stock compensation expense | — | 924 | — | — | — | 924 |
| Net issuance of common stock under employee stock plans (19,065 shares) | — | (302) | (95) | 238 | — | (159) |
| Cash dividends paid on common stock ($0.35 per share) | — | — | (10,720) | — | — | (10,720) |
| Balance at June 30, 2023 | 47,524 | 787,027 | 268,643 | (222,340) | (115,693) | 765,161 |
| Net income | — | — | 18,449 | — | — | 18,449 |
| Other comprehensive income (loss) | — | — | — | — | (39,284) | (39,284) |
| Issuance of common stock for dividend reinvestment plan (10,007 shares) | 13 | 294 | — | — | — | 307 |
| Purchase of common stock (212,388 shares) | — | — | — | (6,237) | — | (6,237) |
| Stock compensation expense | — | 875 | — | — | — | 875 |
| Net issuance of common stock under employee stock plans (8,670 shares) | — | (6) | (93) | 110 | — | 11 |
| Cash dividends paid on common stock ($0.35 per share) | — | — | (10,687) | — | — | (10,687) |
| Balance at September 30, 2023 | $47,537 | $788,190 | $276,312 | $(228,467) | $(154,977) | $728,595 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.