Southside Bank Mortgage Rates, Fees & Info

Tyler, TX

LEI: 549300BEM32ZRV7MJ178

Tax ID: 75-1046251

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Southside Bank is a smaller bank specializing in Home Purchase loans. Southside Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Dallas, Tyler, Longview, Lufkin, and Austin among others. We have data for 32 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Southside Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Southside Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.74% 4/18/24
    30 Year Conventional Refi 6.72% 4/18/24
    30 Year Cash-out Refi 7.02% 4/18/24
    30 Year FHA Purchase 7.45% 4/18/24
    30 Year VA Purchase 6.59% 4/18/24
    15 Year Conventional Purchase 6.04% 4/18/24
    15 Year Conventional Refi 6.43% 4/18/24
    15 Year Cash-out Refi 6.43% 4/18/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Southside Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Southside Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    738

    Origination Dollar Volume (All Markets)

    $152,880,000

    Employee count

    837

    Awards

    Southside Bank 30 Year Conventional Loans silver Southside Bank 30 Year Conventional Loans gold Southside Bank 30 Year Conventional Loans gold Southside Bank 30 Year Conventional Loans gold
    Show all (4) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 199 $45,545,000 $228,869 $3,908 4.92%
    TYLER, TX (FHA|USDA|VA) 162 $29,380,000 $181,358 $3,689 4.92%
    Outside of Metro Areas 104 $22,110,000 $212,596 $3,615 4.89%
    LONGVIEW, TX (FHA|USDA|VA) 53 $8,605,000 $162,358 $3,590 4.98%
    Lufkin, TX (FHA|USDA|VA) 53 $7,265,000 $137,075 $3,326 5.17%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 18 $6,460,000 $358,889 $3,988 5.07%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 33 $6,325,000 $191,667 $2,906 4.99%
    Nacogdoches, TX (FHA|USDA|VA) 30 $4,550,000 $151,667 $3,446 5.18%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $4,480,000 $2,240,000 $4,976 5.00%
    WACO, TX (FHA|USDA|VA) 7 $2,165,000 $309,286 $4,075 5.18%
    Granbury, TX (FHA|USDA|VA) 10 $2,070,000 $207,000 $5,403 4.66%
    Athens, TX (FHA|USDA|VA) 9 $1,905,000 $211,667 $4,589 4.90%
    Jacksonville, TX (FHA|USDA|VA) 10 $1,590,000 $159,000 $4,646 5.00%
    Palestine, TX (FHA|USDA|VA) 15 $1,445,000 $96,333 $4,273 5.25%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $1,440,000 $360,000 $2,630 4.81%
    Mineral Wells, TX (FHA|USDA|VA) 3 $955,000 $318,333 $3,495 4.88%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 4 $840,000 $210,000 $4,028 5.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $810,000 $405,000 $4,120 4.38%
    Breckenridge, CO (FHA|USDA|VA) 1 $705,000 $705,000 $2,825 4.50%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $585,000 $585,000 $4,723 4.50%
    MIDLAND, TX (FHA|USDA|VA) 2 $530,000 $265,000 $5,416 4.88%
    ODESSA, TX (FHA|USDA|VA) 1 $465,000 $465,000 $5,341 4.75%
    Bonham, TX (FHA|USDA|VA) 2 $460,000 $230,000 $1,864 4.63%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $425,000 $425,000 $2,805 4.50%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $330,000 $165,000 $4,656 5.31%
    LUBBOCK, TX (FHA|USDA|VA) 3 $325,000 $108,333 $3,375 4.75%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $325,000 $325,000 $3,328 4.75%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $235,000 $235,000 $6,053 4.50%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $230,000 $115,000 $2,561 5.27%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $215,000 $215,000 $0 5.63%
    Durango, CO (FHA|USDA|VA) 1 $75,000 $75,000 $2,970 4.75%
    Corsicana, TX (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.38%
    Southside Bank's top markets include Dallas, Tyler, Longview, Lufkin, and Austin among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Southside Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    EAST TEXAS PROFESSIONAL Credit Union
    Similarity Rank: 96
    AB COMMUNITY INVESTMENT COMPANY
    Similarity Rank: 111
    Gilmer National Bank Gilmer Texas
    Similarity Rank: 135
    Community Bank
    Similarity Rank: 152
    NEIGHBORHOOD
    Similarity Rank: 200
    KELLY COMMUNITY FEDERAL CREDIT UNION
    Similarity Rank: 224
    CORNERSTONE MORTGAGE PROVIDERS
    Similarity Rank: 291
    Cooperative Teachers Credit Union
    Similarity Rank: 333
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 386
    TEXANS
    Similarity Rank: 416

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 722 $149,510,000 $207,078 $3,677 4.97%
    VA 9 $2,215,000 $246,111 $6,523 4.42%
    FHA 7 $1,155,000 $165,000 $5,867 4.41%

    For 2018, Southside Bank's most frequently originated type of loan was Conventional, with 722 originations. Their 2nd most popular type was VA, with 9 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 508 $119,640,000 $235,512 $4,097 4.94%
    Cash Out Refi 102 $17,410,000 $170,686 $3,488 5.06%
    Home Improvement 62 $6,440,000 $103,871 $2,365 5.17%
    Refi 41 $6,505,000 $158,659 $3,302 4.69%
    Other 25 $2,885,000 $115,400 $2,582 4.84%

    For 2018, Southside Bank's most frequently cited loan purpose was Home Purchase, with 508 originations. The 2nd most popular reason was Cash Out Refi, with 102 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 440 $105,420,000 $239,591 $4,117 4.90%
    15 Year 144 $22,730,000 $157,847 $3,013 4.81%
    20 Year 77 $10,585,000 $137,468 $3,209 5.13%
    10 Year 33 $3,625,000 $109,848 $2,373 5.03%
    Other 23 $2,855,000 $124,130 $2,342 5.62%
    5 Year 19 $7,285,000 $383,421 $761 5.81%
    1 Year 2 $380,000 $190,000 $0 5.80%

    For 2018, Southside Bank's most frequently cited loan duration was 30 Year, with 440 originations. The 2nd most popular length was 15 Year, with 144 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 363 $76,885,000 $211,804
    $1k-2k 218 $43,410,000 $199,128
    $2k-3k 31 $7,645,000 $246,613
    $3k-4k 7 $1,505,000 $215,000
    $4k-5k 2 $630,000 $315,000
    $5k+ 1 $565,000 $565,000

    Southside Bank's average total fees were $4,117, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 363 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 478 $106,090,000 $221,946
    5-6% 201 $37,855,000 $188,333
    6-7% 33 $3,335,000 $101,061
    3-4% 24 $5,310,000 $221,250
    2.5-3% 1 $205,000 $205,000
    7-8% 1 $85,000 $85,000

    During 2018, Southside Bank's average interest rate for loans was 4.90%, while their most frequently originated rate bucket for loans was 4-5%, with 478 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 255 $37,965,000 $148,882 $3,961 5.00%
    $100,000 or less 227 $14,985,000 $66,013 $2,178 5.12%
    $200k-400k 180 $48,740,000 $270,778 $4,305 4.82%
    $400k-600k 53 $26,055,000 $491,604 $5,234 4.68%
    $600k-1MM 17 $12,825,000 $754,412 $6,479 4.69%
    $1MM+ 6 $12,310,000 $2,051,667 $8,110 4.63%

    2018 saw Southside Bank place emphasis on $100k-200k loans with 255 originations, totaling $37,965,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 143 $29,745,000 $208,007 $3,893 4.86%
    $50k-75k 128 $17,490,000 $136,641 $3,447 4.93%
    $50k or less 116 $11,720,000 $101,034 $3,216 4.96%
    $75k-100k 114 $16,610,000 $145,702 $3,275 4.99%
    $150k-250k 101 $25,535,000 $252,822 $4,156 4.91%
    $250k+ 91 $38,995,000 $428,516 $4,978 4.87%

    Southside Bank lent most frequently to those with incomes in the $100k-150k range, with 143 originations. The second most popular income band? $50k-75k, with 128 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 161 $28,555,000 $177,360 $3,436 4.85%
    30-36% 126 $25,230,000 $200,238 $3,544 4.95%
    <20% 82 $17,670,000 $215,488 $3,485 4.86%
    42% 39 $7,735,000 $198,333 $3,857 4.98%
    41% 37 $7,565,000 $204,459 $4,358 5.01%
    36% 37 $8,765,000 $236,892 $4,027 4.75%
    40% 36 $7,340,000 $203,889 $3,313 5.06%
    38% 33 $8,235,000 $249,545 $4,319 4.95%
    37% 27 $7,015,000 $259,815 $3,958 4.69%
    39% 18 $3,640,000 $202,222 $3,362 4.84%
    44% 13 $2,335,000 $179,615 $4,377 4.86%
    47% 12 $2,250,000 $187,500 $4,109 4.84%
    45% 11 $1,815,000 $165,000 $4,129 5.26%
    49% 10 $1,820,000 $182,000 $4,906 5.15%
    50-60% 9 $1,975,000 $219,444 $4,031 4.61%
    43% 9 $1,655,000 $183,889 $3,725 4.99%
    48% 7 $1,785,000 $255,000 $4,831 4.89%
    46% 6 $1,750,000 $291,667 $2,998 4.69%
    >60% 3 $815,000 $271,667 $8,091 4.88%

    Southside Bank lent most frequently to those with DTI ratios of 20-30%, with 161 originations. The next most common DTI ratio? 30-36%, with 126 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 589 $115,285,000 $195,730 $3,681 4.94%
    Not provided 67 $17,815,000 $265,896 $4,065 4.78%
    Not applicable 41 $12,045,000 $293,780 $0 5.51%
    Black 27 $4,495,000 $166,481 $3,709 5.18%
    Asian 7 $1,725,000 $246,429 $4,463 4.70%
    American Indian 7 $1,515,000 $216,429 $4,885 4.88%

    Approval Rates

    Total approvals of all applications
    79.81%

    Southside Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    74.12%

    Southside Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 738 $152,880,000 $207,154

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $5,830,000 $971,667
    Single Family (1-4 Units):Manufactured 3 $265,000 $88,333
    Single Family (1-4 Units):Site-Built 729 $146,785,000 $201,351

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 62 $6,630,000 $106,935 $2,538 5.00%
    40-60% 103 $20,655,000 $200,534 $3,097 4.80%
    60-80% 234 $52,610,000 $224,829 $3,919 4.95%
    80-100% 310 $71,160,000 $229,548 $4,222 5.01%
    Over 100% 2 $520,000 $260,000 $11,521 4.38%
    Under 20% 26 $1,240,000 $47,692 $1,658 5.06%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH Conventional home mortgage Struggling to pay mortgage 1 12.5%
    SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH Conventional home mortgage Trouble during payment process 3 37.5%
    SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH Home equity loan or line of credit (HELOC) Trouble during payment process 1 12.5%
    SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH Other type of mortgage Closing on a mortgage 1 12.5%
    SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH Other type of mortgage Trouble during payment process 1 12.5%
    SOUTHSTATE BANK, N.A. - 520 GERVAIS STREET BRANCH Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 12.5%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Southside Bank 100 Rice Road Tyler, TX 75703 Full Service Retail $37,425
    Southside Bank 1000 Pennsylvania Avenue Fort Worth, TX 76104 Full Service B&M $90,654
    Southside Bank 1009 North University Dr Nacogdoches, TX 75961 Full Service B&M $114,334
    Southside Bank 1010 East First Street Tyler, TX 75701 Limited, Drive-thru $0
    Southside Bank 1015 S. Jackson Street Jacksonville, TX 75766 Full Service B&M $39,130
    Southside Bank 102 Timberland Highway Pineland, TX 75968 Full Service B&M $32,913
    Southside Bank 1030 East Highway 377 Granbury, TX 76048 Full Service B&M $33,874
    Southside Bank 104 North Temple Drive Diboll, TX 75941 Full Service B&M $98,845
    Southside Bank 111 Champion Drive Lufkin, TX 75901 Full Service B&M $20,790
    Southside Bank 113 North Nw Loop 323 Tyler, TX 75702 Full Service Retail $20,080
    Southside Bank 119 West Ferguson Street, Suite A Tyler, TX 75702 Full Service B&M $75,735
    Southside Bank 1201 South Beckham Ave Tyler, TX 75701 Full Service Cyber Office $1,474
    Southside Bank 1201 South Beckham Street Tyler, TX 75701 Full Service B&M $1,576,262
    Southside Bank 1204 W. Henderson St Cleburne, TX 76033 Full Service B&M $22,288
    Southside Bank 1217 East Marshall Longview, TX 75601 Full Service Retail $5,799
    Southside Bank 1250 South Capital Of Texas Highway, Bldg 1, Suite 101 West Lake Hills, TX 78746 Full Service B&M $16,241
    Southside Bank 1302 Tom Temple Lufkin, TX 75901 Limited, Mobile/Seasonal Office $685
    Southside Bank 1320 S. University Drive Fort Worth, TX 76107 Full Service B&M $101,546
    Southside Bank 1401 Walnut Hill Irving, TX 75038 Full Service B&M $29,484
    Southside Bank 14500 Old Us Highway 59 Splendora, TX 77372 Full Service B&M $42,168
    Southside Bank 1477 North Beaulah Street Hawkins, TX 75765 Full Service Retail $7,694
    Southside Bank 1616 W. Northwest Highway Grapevine, TX 76051 Full Service B&M $53,574
    Southside Bank 16691 Fm 2493 Tyler, TX 75703 Full Service B&M $24,087
    Southside Bank 200 East Crockett Street Cleveland, TX 77327 Full Service B&M $102,966
    Southside Bank 2001 Judson Road Longview, TX 75605 Full Service B&M $149,612
    Southside Bank 20100 Highway 155 South Flint, TX 75762 Full Service Retail $46,734
    Southside Bank 2020 Roseland Boulevard Tyler, TX 75701 Full Service Retail $11,570
    Southside Bank 204 East Lamar Street Jasper, TX 75951 Full Service B&M $81,439
    Southside Bank 2107 South Loop 256 Palestine, TX 75801 Full Service Retail $6,631
    Southside Bank 2111 W. Gentry Parkway Tyler, TX 75702 Limited, Drive-thru $0
    Southside Bank 2121 West Gentry Parkway Tyler, TX 75702 Full Service B&M $43,626
    Southside Bank 213 N Doctor M Roper Parkway, Bullard, TX 75757 Full Service Retail $14,433
    Southside Bank 2211 Three Lakes Parkway Tyler, TX 75703 Full Service B&M $35,625
    Southside Bank 2301 W Loop 281 Longview, TX 75604 Full Service Retail $6,473
    Southside Bank 2311 West Euless Blvd. Euless, TX 76040 Full Service B&M $56,591
    Southside Bank 2330 East Rosedale St. Fort Worth, TX 76105 Full Service B&M $16,317
    Southside Bank 2341 Justin Road Flower Mound, TX 75028 Full Service B&M $18,329
    Southside Bank 2395 Hg Mosley Pky Longview, TX 75604 Full Service B&M $22,325
    Southside Bank 2510 South Main Lindale, TX 75771 Full Service B&M $98,315
    Southside Bank 2510 West Frank Avenue Lufkin, TX 75904 Full Service B&M $199,360
    Southside Bank 2734 East 5th Street Tyler, TX 75701 Full Service Retail $5,755
    Southside Bank 275 West Gibson Jasper, TX 75951 Full Service B&M $9,367
    Southside Bank 2831 West Park Row Arlington, TX 76013 Full Service B&M $39,604
    Southside Bank 318 South Main St. Weatherford, TX 76086 Full Service B&M $48,066
    Southside Bank 321 N. Brentwood Drive Lufkin, TX 75904 Full Service B&M $11,783
    Southside Bank 3310 S. Loop 256 Palestine, TX 75801 Full Service B&M $19,176
    Southside Bank 3815 State Hwy 64 Tyler, TX 75704 Limited, Drive-thru $0
    Southside Bank 3828 Troup Highway Tyler, TX 75703 Full Service Retail $20,090
    Southside Bank 421 South El Camino Crossing San Augustine, TX 75972 Full Service B&M $23,578
    Southside Bank 521 South Main Lindale, TX 75771 Full Service Retail $21,935
    Southside Bank 541 South Timberland Drive Lufkin, TX 75901 Full Service B&M $34,472
    Southside Bank 6001 Bryant Irvin Road Fort Worth, TX 76132 Full Service B&M $105,343
    Southside Bank 601 Highway 110 North Whitehouse, TX 75791 Full Service Retail $13,239
    Southside Bank 6019 S. Broadway Tyler, TX 75703 Limited, Drive-thru $0
    Southside Bank 6201 South Broadway Tyler, TX 75703 Full Service B&M $262,539
    Southside Bank 6801 South Broadway Tyler, TX 75701 Full Service Retail $15,920
    Southside Bank 703 State Highway 31 East Chandler, TX 75758 Full Service Retail $10,593
    Southside Bank 725 Sabine Street Hemphill, TX 75948 Full Service B&M $48,082
    Southside Bank 7800 White Settlement Rd. Fort Worth, TX 76108 Full Service B&M $139,958
    Southside Bank 8024 Denton Highway Watauga, TX 76148 Full Service B&M $82,619
    Southside Bank 8200 North Mo-Pac Expressway Austin, TX 78759 Full Service B&M $40,800
    Southside Bank 901 Hwy 110 N Whitehouse, TX 75791 Full Service B&M $107,516
    Southside Bank 901 West Main Gun Barrel City, TX 75156 Full Service B&M $37,067
    Southside Bank 950 West Arbrook Arlington, TX 76015 Full Service B&M $64,246

    For 2018, Southside Bank had 64 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $229,087
    Net interest income $180,255
    Total noninterest income $41,510
    Gross Fiduciary activities income $6,832
    Service charges on deposit accounts $25,082
    Trading account gains and fees $0
    Additional Noninterest Income $9,596
    Pre-tax net operating income $98,109
    Securities gains (or losses, -) $-1,956
    Income before extraordinary items $83,501
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $83,501
    Minority interest net income $0
    Net income $83,501
    Sale, conversion, retirement of capital stock, net $2,317
    Net operating income $85,202

    Southside Bank's gross interest income from loans was $229,087,000.
    Southside Bank's net interest income from loans was $180,255,000.
    Southside Bank's fee based income from loans was $25,082,000.
    Southside Bank's net income from loans was $83,501,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $48,832
    Provision for credit losses $8,437
    Total noninterest expense $115,219
    Salaries and employee benefits $69,943
    Premises and equipment expense $14,143
    Additional noninterest expense $31,133
    Applicable income taxes $12,652
    Net charge-offs $2,199
    Cash dividends $90,000

    Southside Bank's interest expense for loans was $48,832,000.
    Southside Bank's payroll and benefits expense were $69,943,000.
    Southside Bank's property, plant and equipment expenses $14,143,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $4,436,476
    Deposits held in domestic offices $4,436,476
    Deposits by Individuals, partnerships, and corporations $3,531,983
    Deposits by U.S. Government $20
    Deposits by States and political subdivisions in the U.S. $861,731
    Deposits by Commercial banks and other depository institutions in U.S. $42,742
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $444,039
    Demand deposits $420,920
    Nontransaction accounts $3,992,437
    Money market deposit accounts (MMDAs) $1,130,197
    Other savings deposits (excluding MMDAs) $1,806,669
    Total time deposits $1,055,571
    Total time and savings deposits $4,015,556
    Noninterest-bearing deposits $1,006,126
    Interest-bearing deposits $3,430,350
    Retail deposits $3,841,606
    IRAs and Keogh plan accounts $91,316
    Brokered deposits $243,103
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $6,117,745
    Cash & Balances due from depository institutions $111,259
    Interest-bearing balances $23,884
    Total securities $2,158,158
    Federal funds sold & reverse repurchase $9,460
    Net loans and leases $3,286,381
    Loan and leases loss allowance $27,019
    Trading account assets $0
    Bank premises and fixed assets $134,047
    Other real estate owned $1,206
    Goodwill and other intangibles $219,208
    All other assets $198,026

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $6,117,745
    Total Liabilities $5,241,931
    Total deposits $4,436,476
    Interest-bearing deposits $3,430,350
    Deposits held in domestic offices $4,436,476
    % insured (estimated) $60
    Federal funds purchased and repurchase agreements $36,810
    Trading liabilities $0
    Other borrowed funds $719,065
    Subordinated debt $0
    All other liabilities $49,580

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $3,286,381
    Loan and leases loss allowance $27,019
    Total loans and leases (domestic) $3,313,400
    All real estate loans $2,496,950
    Real estate loans in domestic offices $2,496,950
    Construction and development loans $507,732
    Residential 1-4 family construction $117,173
    Other construction, all land development and other land $390,559
    Loans secured by nonfarm nonresidential properties $1,129,095
    Nonfarm nonresidential secured by owner-occupied properties $263,803
    Commercial real estate & other non-farm, non-residential $865,292
    Multifamily residential real estate $49,207
    1-4 family residential loans $795,100
    Farmland loans $15,816
    Loans held in foreign offices $0
    Farm loans $18,843
    Commercial and industrial loans $315,447
    To non-U.S. addressees $0
    Loans to individuals $104,859
    Credit card loans $0
    Related Plans $4,528
    Consumer Auto Loans $38,773
    Other loans to individuals $61,558
    All other loans & leases $377,301
    Loans to foreign governments and official institutions $0
    Other loans $23,931
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $3,847
    Loans secured by real estate to non-U.S. addressees $1,921
    Restructured Loans & leases $3,480
    Non 1-4 family restructured loans & leases $826
    Total loans and leases (foreign) $0

    Southside Bank had $3,286,381,000 of loans outstanding in 2018. $2,496,950,000 of loans were in real estate loans. $507,732,000 of loans were in development loans. $49,207,000 of loans were in multifamily mortgage loans. $795,100,000 of loans were in 1-4 family mortgage loans. $18,843,000 of loans were in farm loans. $0 of loans were in credit card loans. $38,773,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 670 $136,317 $203,458
    Nonfarm, nonresidential loans - <$100k 166 $7,296 $43,952
    Nonfarm, nonresidential loans - $100-250k 196 $23,136 $118,041
    Nonfarm, nonresidential loans - $250k-1MM 308 $105,885 $343,782
    Commercial & Industrial, US addressed loans - <$1MM 1,865 $117,614 $63,064
    Commercial & Industrial, US addressed loans - <$100k 1,321 $29,338 $22,209
    Commercial & Industrial, US addressed loans - $100-250k 304 $29,038 $95,520
    Commercial & Industrial, US addressed loans - $250k-1MM 240 $59,238 $246,825
    Farmland loans - <$1MM 95 $7,585 $79,842
    Farmland loans - <$100k 60 $2,074 $34,567
    Farmland loans - $100-250k 23 $2,545 $110,652
    Farmland loans - $250k-1MM 12 $2,966 $247,167
    Agriculture operations loans - <$1MM 449 $14,736 $32,820
    Agriculture operations loans - <$100k 400 $8,144 $20,360
    Agriculture operations loans - $100-250k 38 $4,248 $111,789
    Agriculture operations loans - $250k-1MM 11 $2,344 $213,091