For the quarter ending 2026-03-31, SBSI had -$2,313K decrease in cash & cash equivalents over the period. $44,991K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 23,259 | 20,987 | 4,913 | 43,320 |
| Depreciation and net amortization | 2,576 | 2,605 | 2,695 | 5,310 |
| Net (gain) loss on consumer receivables | - | 0 | 0 | 0 |
| Securities premium amortization (discount accretion), net | -2,929 | -2,763 | -2,146 | -3,562 |
| Loan (discount accretion) premium amortization, net | -83 | -289 | -271 | -389 |
| Provision for (reversal of) credit losses | 1,410 | 581 | 1,092 | 1,380 |
| Stock compensation expense | 1,637 | 656 | 790 | 1,600 |
| Deferred tax expense (benefit) | -255 | 195 | -146 | -400 |
| Net (gain) loss on sale of afs securities | 0 | -7,321 | -24,395 | -554 |
| Net gain on sale of equity securities | - | 0 | - | - |
| Loss on impairment of investments | - | 0 | 0 | - |
| Net loss on premises and equipment | -39 | -103 | -362 | -1,293 |
| Gross proceeds from sales of loans held for sale | 3,827 | 4,090 | 4,718 | 8,332 |
| Gross originations of loans held for sale | 3,973 | 4,925 | 4,787 | 6,814 |
| Net (gain) loss on oreo | 15 | 0 | 27 | -136 |
| Loss on redemption of subordinated notes | -791 | 0 | 0 | 0 |
| Interest receivable | -5,827 | 6,396 | -10,133 | -1,178 |
| Other assets | 5,855 | -8,100 | 1,474 | -1,564 |
| Interest payable | -3,800 | 1,792 | 1,062 | 586 |
| Other liabilities | 20,557 | -14,431 | -5,941 | -32,105 |
| Net cash provided by (used in) operating activities | 49,037 | 23,730 | 40,202 | 29,885 |
| Purchases | 206,859 | 373,067 | 338,587 | 256,059 |
| Sales | 0 | 132,672 | 291,260 | 120,242 |
| Available For Sale | 105,213 | 91,280 | 170,468 | 254,464 |
| Held To Maturity | 27,670 | 16,996 | 10,360 | 7,747 |
| Proceeds from sales of equity securities | - | 0 | - | - |
| Proceeds from redemption of fhlb stock and equity investments | 9,315 | 0 | 21,452 | 18,112 |
| Purchases of fhlb stock and equity investments | 11,604 | 4,725 | 6,477 | 8,713 |
| Net loan paydowns (originations) | 128,526 | 53,795 | 164,443 | -59,252 |
| Proceeds from sales of customer receivables | - | 0 | 0 | 0 |
| Purchases of premises and equipment | 4,046 | 7,143 | 2,829 | 10,366 |
| Proceeds from (purchases of) boli | 0 | 4,290 | 0 | -1,143 |
| Proceeds from sales of premises and equipment | -17 | -2 | 612 | -288 |
| Net proceeds from sales of oreo | 133 | 0 | 273 | 0 |
| Proceeds from sales of repossessed assets | 8 | 30 | 132 | 68 |
| Purchase of common stock | - | 10,560 | 1,546 | 11,076 |
| Net cash provided by (used in) investing activities | -208,713 | -202,044 | -17,779 | 185,602 |
| Net change in deposits | 9,334 | -96,441 | 329,612 | -22,321 |
| Net change in other borrowings | 146,866 | 109,283 | -467 | 23,398 |
| Proceeds from fhlb borrowings | 900,000 | 410,000 | 630,000 | 2,716,000 |
| Repayment of fhlb borrowings | 795,193 | 300,196 | 1,040,194 | 2,936,383 |
| Net proceeds from issuance of subordinated notes | - | -191 | 147,619 | - |
| Redemption of subordinated notes | 93,000 | 0 | 0 | 0 |
| Proceeds from stock option exercises | 52 | 0 | -10 | 703 |
| Cash paid to tax authority related to tax withholding on share-based awards | 224 | 202 | 24 | 558 |
| Proceeds from the issuance of common stock for dividend reinvestment plan | 233 | 215 | 225 | 514 |
| Cash dividends paid | 10,705 | 10,720 | 10,821 | 21,830 |
| Net cash provided by (used in) financing activities | 157,363 | 101,188 | 54,394 | -251,553 |
| Net increase (decrease) in cash and cash equivalents | -2,313 | -77,126 | 76,817 | -36,066 |
| Cash and cash equivalents at beginning of period | 389,786 | 466,912 | 426,161 | - |
| Cash and cash equivalents at end of period | 387,473 | 389,786 | 466,912 | - |
SOUTHSIDE BANCSHARES INC (SBSI)
SOUTHSIDE BANCSHARES INC (SBSI)