← SOUTHSIDE BANCSHARES INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $49.3m $54.3m $74.1m $74.6m $82.2m $113.4m $105.0m $86.7m $88.5m $69.2m
Net Income (Loss) Available to Common Stockholders, Basic — — — — — — — — $88.4m $69.2m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $49.3m $54.3m $74.1m $74.6m $82.2m $113.4m $105.0m $86.7m $88.5m $69.2m
Depreciation, Depletion and Amortization $9.1m $10.2m $14.0m $12.1m $12.1m $11.4m $11.1m $10.6m $10.5m $10.6m
Amortization of Intangible Assets — $2.0m $5.2m $4.4m $3.6m $2.8m $2.3m $1.7m $1.2m $742k
Depreciation $8.0m $8.1m $8.4m $7.3m $8.0m $8.2m $8.6m $8.4m $8.3m $7.6m
Deferred Income Tax Expense (Benefit) $1.8m $3.5m $6.2m $122k ($4.4m) $4.8m ($89k) ($2.1m) ($1.0m) ($351k)
Share-based Payment Arrangement, Noncash Expense $1.5m $1.8m $2.3m $2.4m $3.0m $3.0m $3.2m $3.6m $3.5m $3.0m
Payment, Tax Withholding, Share-based Payment Arrangement — — $248k $394k $393k $479k $501k $597k $576k $784k
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — $1.9m $8.9m $4.1m $3.0m
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($376k) ($152k) ($768k) ($592k) ($877k) ($324k) ($576k) ($342k) ($160k) ($1.8m)
Gain (Loss) on Extinguishment of Debt — — — — — ($1.1m) $0 $0 — —
Income Tax Expense (Benefit) $10.3m $16.1m $10.2m $13.2m $11.3m $17.4m $14.6m $14.4m $18.9m $13.4m
Operating Lease, Lease Income — — — $3.0m $3.3m $3.3m $3.2m $3.6m $3.2m $3.1m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets ($1.8m) $3.9m $2.2m $12.3m $6.4m $2.7m $5.4m ($37.9m) $70.8m ($8.2m)
Provision for Loan, Lease, and Other Losses $9.8m $4.7m — — — ($17.0m) $3.2m $9.2m $3.3m $3.1m
Bank Owned Life Insurance Income $2.6m $2.5m $2.9m $2.3m $2.6m $2.6m $2.6m $5.8m $4.3m $3.6m
Increase (Decrease) in Other Operating Liabilities $3.5m ($1.1m) $1.4m ($13.4m) ($15.6m) $24.5m $94.7m ($85.6m) $51.5m ($52.5m)
Gain (Loss) on Sales of Loans, Net $2.8m $1.8m $692k $509k $2.8m $1.6m $531k $563k $37k $440k
Proceeds from Stock Options Exercised — $2.7m $2.7m $2.0m $1.7m $7.7m $790k $1.1m $2.6m $693k
Parent Company $26.0m $32.2m $42.0m $42.5m $43.2m $44.6m $44.9m $43.6m $43.6m $43.4m
Debt and Equity Securities, Gain (Loss) — — ($1.8m) — — — — — — —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — ($1.8m) $756k $8.3m $3.9m ($3.8m) ($16.0m) ($2.5m) ($32.3m)
Gain (Loss) on Sale of Financing Receivable $194k $0 — — — — — — — —
Goodwill $91.5m $201.2m $201.1m $201.1m $201.1m $201.1m $201.1m $201.1m $201.1m $201.1m
Payments of Financing Costs — — — — — — — $0 — —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $20.1m ($13.0m) — — — —
Realized Investment Gains (Losses) — — ($117k) $66k ($427k) ($174k) ($685k) $73k ($51k) $169k
Unrealized Gain (Loss) on Investments — — ($117k) $66k ($427k) ($174k) ($685k) $5.1m ($51k) $169k
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — — — $215k $0 $0 — — —
Net Cash Provided by (Used in) Operating Activities $86.7m $91.7m $122.4m $80.6m $90.5m $156.1m $226.5m $79.9m $101.8m $93.8m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $6.5m $9.6m $13.4m $15.9m $11.4m $8.4m $9.3m $6.9m $11.2m $20.3m
Payments to Acquire Businesses, Net of Cash Acquired $0 — — — — — — — — —
Gain (Loss) on Sale of Investments — — $0 $0 $0 $0 $0 — — —
Net Cash Provided by (Used in) Investing Activities ($384.4m) $172.7m $261.9m ($566.8m) ($223.7m) ($194.0m) ($634.8m) ($327.1m) ($382.9m) ($34.2m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $207.5m $113.2m $137.9m $201.5m $437.1m $315.5m $107.8m $960.6m $797.2m $516.2m
Proceeds from Issuance of Long-term Debt $98.1m — — — — — — — — —
Proceeds from Issuance of Common Stock $76.0m $0 $0 — — — — — — —
Payments for Repurchase of Common Stock $10.2m $0 $47.2m $2.2m $31.0m $34.1m $33.7m $44.8m $1.5m $23.2m
Payments of Ordinary Dividends, Common Stock $26.0m $32.2m $42.0m $42.5m $43.2m $44.6m $44.9m $43.6m $43.6m $43.4m
Other Interest and Dividend Income $798k $1.3m $1.6m $1.7m $1.2m $530k $503k $1.2m $2.1m $1.8m
Net Cash Provided by (Used in) Financing Activities $386.4m ($235.4m) ($462.3m) $476.2m $130.9m $131.2m $405.8m $608.5m $146.7m ($96.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($10.0m) ($2.3m) $93.3m ($2.5m) $361.3m ($134.3m) ($36.4m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $110.7m $108.4m $201.8m $199.3m $560.5m $426.2m $389.8m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — $70.5m $47.2m $28.7m $39.3m $137.3m $198.6m $178.6m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.