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Southside Bancshares, Inc. (SBSI)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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24.43-0.31 (-1.25%)
At close: 2:55PM EDT

Southside Bancshares, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees845

Key Executives

NameTitlePayExercisedYear Born
Mr. Lee R. Gibson III, CPA, CPAPres, CEO & Director875.53kN/A1957
Ms. Julie N. Shamburger CPA, CPAChief Financial Officer484.45k32.98k1963
Mr. Brian K. McCabeChief Operations Officer384.85k22.31k1961
Lindsey Bailes CPAVP & Investor Relations OfficerN/AN/AN/A
Vonna CrowleySr. VP & Compliance OfficerN/AN/AN/A
Amounts are as of December 31, 2019 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 consumer related 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 December 31, 2019, the company operated through 60 banking facilities and 82 ATMs/ITMs in the Dallas/Fort Worth, East Texas, Southeast Texas, and Austin regions. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Corporate Governance

Southside Bancshares, Inc.’s ISS Governance QualityScore as of December 9, 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.