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Southside Bancshares SBSI Provision for Credit Losses

Provision for Credit Losses at other companies

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$1.03M+46.4%
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$2.52B-11.7%
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$914M-9.1%
Texas Community Bancshares, Inc. logo
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$6K-94.7%
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Shore BancsharesSHBI
$896K

Other financials

Income statement

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Revenue$71.3M+7.4%
Net income$26.8M+23.0%
EPS (diluted)$0.90+25.0%

Balance sheet

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Cash & equivalents$397.3M+1.8%
Total debt$1.2B+79.3%
Total equity$882.5M+9.3%
Total assets$8.8B+5.1%

Cash flow

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Operating cash flow$32.2M+442%
CapEx$4.7M-40.5%
Free cash flow$27.5M

Valuation

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Market cap$966.97M+11.2%
Enterprise value$1.79B+54.3%
P/E12.7×+2.6×
P/S3.9×+0.6×

Profitability

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Net margin30.6%-2.3pp
FCF margin51%

Returns & leverage

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Return on equity9%-1.7pp
Debt / equity1.4×+0.5×

Where this comes from

Reported directly by Southside Bancshares in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The source filing: Southside Bancshares’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 2:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000705432-26-000105
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Other borrowings4,4501,1986,9872,604
Total interest expense46,58644,29691,15390,732
Net interest income57,33454,266115,023108,118
Provision for (reversal of) credit losses836221,4931,380
Net interest income after provision for credit losses57,25153,644113,530106,738
Noninterest income:
Deposit services6,3896,12512,32011,954
Net gain (loss) on sale of securities AFS(554)

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Southside Bancshares's provision for credit losses?
Southside Bancshares (SBSI) reported provision for credit losses of $83K in Q2 2026.
How has Southside Bancshares's provision for credit losses changed year-over-year?
Southside Bancshares's provision for credit losses decreased by 86.7% year-over-year, from $622K to $83K.
What is the long-term trend for Southside Bancshares's provision for credit losses?
Over 4 years (2021 to 2025), Southside Bancshares's provision for credit losses has grown at a -34.9% compound annual growth rate (CAGR), from -$16.96M to $3.05M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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