← SOUTHSIDE BANCSHARES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | — | — | — | $88.4m |
$69.2m
-21.78%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $49.3m | $54.3m | $74.1m | $74.6m | $82.2m | $113.4m | $105.0m | $86.7m | $88.5m | $69.2m | — | |
| Depreciation, Depletion and Amortization | $9.1m | $10.2m | $14.0m | $12.1m | $12.1m | $11.4m | $11.1m | $10.6m | $10.5m | $10.6m | $10.6m | |
| Amortization of Intangible Assets | — | $2.0m | $5.2m | $4.4m | $3.6m | $2.8m | $2.3m | $1.7m | $1.2m | $742k | — | |
| Depreciation | $8.0m | $8.1m | $8.4m | $7.3m | $8.0m | $8.2m | $8.6m | $8.4m | $8.3m | $7.6m | $10.6m | |
| Deferred Income Tax Expense (Benefit) | $1.8m | $3.5m | $6.2m | $122k | ($4.4m) | $4.8m | ($89k) | ($2.1m) | ($1.0m) | ($351k) | $36k | |
| Share-based Payment Arrangement, Noncash Expense | $1.5m | $1.8m | $2.3m | $2.4m | $3.0m | $3.0m | $3.2m | $3.6m | $3.5m | $3.0m | $4.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $248k | $394k | $393k | $479k | $501k | $597k | $576k | $784k | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $1.9m | $8.9m | $4.1m | $3.0m | — | |
| Increase (Decrease) in Other Operating Assets | ($1.8m) | $3.9m | $2.2m | $12.3m | $6.4m | $2.7m | $5.4m | ($37.9m) | $70.8m | ($8.2m) | — | |
| Increase (Decrease) in Other Operating Liabilities | $3.5m | ($1.1m) | $1.4m | ($13.4m) | ($15.6m) | $24.5m | $94.7m | ($85.6m) | $51.5m | ($52.5m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $86.7m |
$91.7m
+5.77%
|
$122.4m
+33.44%
|
$80.6m
-34.15%
|
$90.5m
+12.30%
|
$156.1m
+72.45%
|
$226.5m
+45.11%
|
$79.9m
-64.74%
|
$101.8m
+27.53%
|
$93.8m
-7.89%
|
$145.2m
+54.78%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $6.5m | $9.6m | $13.4m | $15.9m | $11.4m | $8.4m | $9.3m | $6.9m | $11.2m | $20.3m | ($18.5m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($376k) | ($152k) | ($768k) | ($592k) | ($877k) | ($324k) | ($576k) | ($342k) | ($160k) | ($1.8m) | $33.0m | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $207.5m | $113.2m | $137.9m | $201.5m | $437.1m | $315.5m | $107.8m | $960.6m | $797.2m | $516.2m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | ($1.8m) | $756k | $8.3m | $3.9m | ($3.8m) | ($16.0m) | ($2.5m) | ($32.3m) | — | |
| Gain (Loss) on Sale of Investments | — | — | $0 | $0 | $0 | $0 | $0 | — | — | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | ($117k) | $66k | ($427k) | ($174k) | ($685k) | $5.1m | ($51k) | $169k | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | — | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($384.4m) | $172.7m | $261.9m | ($566.8m) | ($223.7m) | ($194.0m) | ($634.8m) | ($327.1m) | ($382.9m) | ($34.2m) | ($479.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | ($1.8m) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($1.1m) | $0 | $0 | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $98.1m | — | — | — | — | — | — | — | — | — | $5.6b | |
| Payments for Repurchase of Common Stock | $10.2m | $0 | $47.2m | $2.2m | $31.0m | $34.1m | $33.7m | $44.8m | $1.5m | $23.2m | — | |
| Payments of Ordinary Dividends, Common Stock | $26.0m | $32.2m | $42.0m | $42.5m | $43.2m | $44.6m | $44.9m | $43.6m | $43.6m | $43.4m | ($43.0m) | |
| Proceeds from Issuance of Common Stock | $76.0m | $0 | $0 | — | — | — | — | — | — | — | $906k | |
| Other Interest and Dividend Income | $798k | $1.3m | $1.6m | $1.7m | $1.2m | $530k | $503k | $1.2m | $2.1m | $1.8m | — | |
| Net Cash Provided by (Used in) Financing Activities | $386.4m |
($235.4m)
-160.94%
|
($462.3m)
-96.36%
|
$476.2m
+203.01%
|
$130.9m
-72.51%
|
$131.2m
+0.25%
|
$405.8m
+209.15%
|
$608.5m
+49.96%
|
$146.7m
-75.90%
|
($96.0m)
-165.44%
|
$341.2m
+455.53%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($10.0m) | ($2.3m) | $93.3m | ($2.5m) | $361.3m | ($134.3m) | ($36.4m) | $397.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $110.7m | $108.4m | $201.8m | $199.3m | $560.5m | $426.2m | $389.8m | $397.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $9.8m | $4.7m | — | — | — | ($17.0m) | $3.2m | $9.2m | $3.3m | $3.1m | $3.2m | |
| Bank Owned Life Insurance Income | $2.6m | $2.5m | $2.9m | $2.3m | $2.6m | $2.6m | $2.6m | $5.8m | $4.3m | $3.6m | — | |
| Gain (Loss) on Sales of Loans, Net | $2.8m | $1.8m | $692k | $509k | $2.8m | $1.6m | $531k | $563k | $37k | $440k | — | |
| Proceeds from Stock Options Exercised | — | $2.7m | $2.7m | $2.0m | $1.7m | $7.7m | $790k | $1.1m | $2.6m | $693k | — | |
| Parent Company | $26.0m | $32.2m | $42.0m | $42.5m | $43.2m | $44.6m | $44.9m | $43.6m | $43.6m | $43.4m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $70.5m | $47.2m | $28.7m | $39.3m | $137.3m | $198.6m | $178.6m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | $215k | $0 | $0 | — | — | — | — | |
| Gain (Loss) on Sale of Financing Receivable | $194k | $0 | — | — | — | — | — | — | — | — | — | |
| Goodwill | $91.5m | $201.2m | $201.1m | $201.1m | $201.1m | $201.1m | $201.1m | $201.1m | $201.1m | $201.1m | — | |
| Income Tax Expense (Benefit) | $10.3m | $16.1m | $10.2m | $13.2m | $11.3m | $17.4m | $14.6m | $14.4m | $18.9m | $13.4m | — | |
| Operating Lease, Lease Income | — | — | — | $3.0m | $3.3m | $3.3m | $3.2m | $3.6m | $3.2m | $3.1m | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | $0 | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $20.1m | ($13.0m) | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | ($117k) | $66k | ($427k) | ($174k) | ($685k) | $73k | ($51k) | $169k | — |