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Southside Bancshares Inc. (SBSI)

29.42 Up 0.30(1.03%) May 27, 4:00PM EDT
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Southside Bancshares Inc.
1201 South Beckham Avenue
Tyler, TX 75701
United States - Map
Phone: 903-531-7111

Index Membership:N/A
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:683

Business Summary 

Southside Bancshares, Inc. operates as a bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company’s loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other installment loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers trust services consisting of investment management, administration, and advisory services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. The company operates through 60 branches and 26 motor bank facilities located in Tyler, Longview, Lindale, Gresham, Jacksonville, Bullard, Chandler, Hawkins, Palestine, Gun Barrel City, Athens, Whitehouse, Fort Worth, Arlington, Cleburne, Euless, Flower Mound, Granbury, Grapevine, Irving, Watauga, Weatherford, and Austin; and a network of approximately 74 automated teller machines. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

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Corporate Governance 
Southside Bancshares Inc.’s ISS Governance QuickScore as of May 1, 2016 is 8. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 6; Compensation: 9.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Charles E. Dawson , 68
Chief Exec. Officer, Sec., Director, Chief Exec. Officer of Southside Bank, and Director of Southside Bank
Mr. Lee R. Gibson CPA, 59
Pres, Director and Director of Southside Bank-Sub
Mr. Brian K. McCabe , 55
Chief Information Officer, Exec. VP, Chief Information Officer of South Side Bank, Exec. VP of South Side Bank and Advisory Director of South Side Bank
Mr. Peter M. Boyd , 60
Sr. Exec. VP of South Side Bank and Advisory Director of Southside Bank
Mr. W. Clawater Earl III, 62
Chief Credit Officer of South Side Bank, Exec. VP of South Side Bank and Advisory Director of South Side Bank
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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