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SBSI| Name | Value |
|---|---|
| Revenues | 63.2M |
| Cost of Revenue | -50.7M |
| Gross Profit | 113.9M |
| Operating Expense | 63.2M |
| Operating I/L | 24.9M |
| Other Income/Expense | 0.0M |
| Interest Income | 105.7M |
| Pretax | 24.9M |
| Income Tax Expense | 4.4M |
| Net Income/Loss | 20.5M |
Southside Bancshares, Inc. operates as a bank holding company for Southside Bank, offering a wide range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. The company generates revenue through deposit products including savings, money market, and checking accounts, as well as certificates of deposit. Its loan portfolio consists of consumer loans, commercial loans, and construction loans. Additionally, the company provides wealth management, trust services, safe deposit services, and brokerage services. With 56 banking facilities and 73 ATMs/ITMs, Southside Bancshares, Inc. focuses on lending, deposit-taking, and wealth management to drive its business.
