TYLER, Texas (AP) — TYLER, Texas (AP) — Southside Bancshares Inc. (SBSI) on Thursday reported net income of $21 million in its fourth quarter.
The bank, based in Tyler, Texas, said it had earnings of 70 cents per share.
The holding company for Southside Bank posted revenue of $107.9 million in the period. Its revenue net of interest expense was $64.9 million, which fell short of Street forecasts.
For the year, the company reported profit of $69.2 million, or $2.29 per share. Revenue was reported as $246.3 million.
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