Call reports 2024
SOUTHSIDE BANK — 2024
What SOUTHSIDE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 8,349,541,000 | 8,353,301,000 | 8,356,978,000 | 8,512,453,000 |
| Total loans | 4,578,124,000 | 4,590,717,000 | 4,578,816,000 | 4,663,543,000 |
| Allowance for loan losses | 43,557,000 | 42,407,000 | 44,276,000 | 44,884,000 |
| Securities available for sale | 1,405,221,000 | 1,405,944,000 | 1,408,437,000 | 1,533,894,000 |
| Securities held to maturity | 1,306,898,000 | 1,305,975,000 | 1,288,403,000 | 1,279,234,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,554,051,000 | 6,502,461,000 | 6,446,017,000 | 6,671,624,000 |
| Interest-bearing deposits | 5,186,933,000 | 5,129,008,000 | 5,058,680,000 | 5,297,096,000 |
| Noninterest-bearing deposits | 1,367,118,000 | 1,373,453,000 | 1,387,337,000 | 1,374,528,000 |
| Equity capital | 929,160,000 | 941,472,000 | 942,500,000 | 940,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 102,723,000 | 206,874,000 | 312,541,000 | 414,197,000 |
| Interest expense | 47,279,000 | 95,750,000 | 143,872,000 | 189,814,000 |
| Net interest income | 55,444,000 | 111,124,000 | 168,669,000 | 224,383,000 |
| Noninterest income | 9,792,000 | 21,761,000 | 31,645,000 | 43,558,000 |
| Noninterest expense | 36,006,000 | 71,002,000 | 106,552,000 | 143,377,000 |
| Provision for loan losses | 1,170,000 | 297,000 | 2,574,000 | 4,137,000 |
| Pretax income | 29,098,000 | 61,650,000 | 89,402,000 | 118,657,000 |
| Income tax | 5,244,000 | 11,016,000 | 16,002,000 | 21,251,000 |
| Net income | 23,854,000 | 50,634,000 | 73,400,000 | 97,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 843,989,000 | 856,653,000 | 865,473,000 | 870,541,000 |
| Total capital | 887,791,000 | 899,695,000 | 910,497,000 | 915,993,000 |
| Risk-weighted assets | 5,633,863,000 | 5,613,342,000 | 5,554,545,000 | 5,670,735,000 |