Southside Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Southside Bancshares has total assets of $8.3B and total equity of $773.3M. Total deposits are $6.5B, and total loans are $4.5B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.09% of total loans. Cash and short-term investments are $563.0M.
Key information
10.7x
Asset to equity ratio
3.1%
Net interest margin
Total deposits | US$6.55b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.09% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$562.95m |
Recent financial health updates
No updates
Recent updates
Southside Bancshares (NASDAQ:SBSI) Is Due To Pay A Dividend Of $0.35
Aug 08Southside Bancshares (NASDAQ:SBSI) Is Due To Pay A Dividend Of $0.35
May 09Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year
Feb 07Southside Bancshares: Increasing Interest Rates Destroyed The Book Value
Sep 12Southside Bancshares Q2 2022 Earnings Preview
Jul 22Results: Southside Bancshares, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 29Should You Be Adding Southside Bancshares (NASDAQ:SBSI) To Your Watchlist Today?
Apr 06Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year
Feb 08Southside: Growing TX Bank
Feb 03Southside Bancshares: A Quality Bank, But A Bit Too Expensive Right Now
Jan 04Southside Bancshares: The Lackluster Growth Leaves Me Uninspired
Oct 18Here's Why I Think Southside Bancshares (NASDAQ:SBSI) Is An Interesting Stock
Sep 28Southside Bancshares: Strong Balance Sheet And Tailwinds
Aug 01With EPS Growth And More, Southside Bancshares (NASDAQ:SBSI) Is Interesting
Apr 08Lawrence Anderson Is The Independent Director of Southside Bancshares, Inc. (NASDAQ:SBSI) And They Just Sold 53% Of Their Shares
Mar 18Shareholders Of Southside Bancshares (NASDAQ:SBSI) Must Be Happy With Their 84% Return
Mar 05There's A Lot To Like About Southside Bancshares' (NASDAQ:SBSI) Upcoming US$0.32 Dividend
Feb 12What You Need To Know About Southside Bancshares, Inc.'s (NASDAQ:SBSI) Investor Composition
Feb 08Southside Bancshares declares $0.32 dividend
Feb 04Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBSI's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: SBSI has a sufficient allowance for bad loans (1094%).
Low Risk Liabilities: 87% of SBSI's liabilities are made up of primarily low risk sources of funding.
Loan Level: SBSI has an appropriate level of Loans to Assets ratio (54%).
Low Risk Deposits: SBSI's Loans to Deposits ratio (68%) is appropriate.
Level of Bad Loans: SBSI has an appropriate level of bad loans (0.1%).