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Southside Bancshares, Inc. (SBSI)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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32.21+0.09 (+0.28%)
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Southside Bancshares, Inc.

1201 South Beckham Avenue
Tyler, TX 75701
United States
903-531-7111
http://www.southside.com

SectorFinancial
IndustryRegional - Mid-Atlantic Banks
Full Time Employees679

Key Executives

NameTitlePayExercisedAge
Mr. Lee R. Gibson III, CPACEO, Pres & Director686.67kN/A60
Ms. Julie N. Shamburger CPACFO & Sr. Exec. VP343.89kN/A54
Mr. Tim H. CarterRegional Pres of North Texas616.25kN/A62
Mr. Timothy F. AlexanderChief Lending Officer & Advisory Director of South Side Bank682.57kN/A60
Mr. Brian K. McCabeSr. Exec. VP & COON/AN/A56
Amounts are as of December 31, 2016 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.

Description

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 25 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 70 automated teller machines. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Corporate Governance

Southside Bancshares, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 4. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 6; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.