SBSI - Southside Bancshares, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

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 Employees820

Key Executives

NameTitlePayExercisedYear Born
Mr. Lee R. Gibson III, CPA, CPAPres, CEO & Director841kN/A1957
Ms. Julie N. Shamburger CPA, CPASr. EVP & CFO435.96kN/A1963
Mr. Brian K. McCabeSr. EVP & COO371.71k36.98k1961
Mr. Timothy F. AlexanderChief Lending Officer603.74k233.74k1957
Ms. Lindsey BibbyVP & Investor Relations OfficerN/AN/AN/A
Amounts are as of December 31, 2018 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 the 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. As of November 12, 2019, the company operated through 59 banking facilities in East, North, Central, and Southeast Texas, as well as a network of 81 local ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Corporate Governance

Southside Bancshares, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 4. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 4; Compensation: 5.

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.