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SBSI > SEC Filings for SBSI > Form 8-K on 25-Jul-2013All Recent SEC Filings

Show all filings for SOUTHSIDE BANCSHARES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SOUTHSIDE BANCSHARES INC


25-Jul-2013

Results of Operations and Financial Condition, Financial Statements and


ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On July 25, 2013, Southside Bancshares, Inc. issued a press release announcing financial results for the three and six months ended June 30, 2013, reporting earnings of $10.1 million and $18.6 million, respectively, and diluted earnings per common share of $0.56 and $1.04, respectively. A copy of the press release is attached as Exhibit 99.1 hereto and is hereby incorporated herein by reference. The press release includes information regarding interest income on a taxable equivalent basis or FTE. FTE is a non-GAAP performance measure used by management in operating the business which management believes provides investors with a more accurate picture of the interest yield, spread and margin for comparative purposes.

The information in this Current Report on Form 8-K, including the attached exhibit, is being furnished as provided in General Instruction B.2 to Form 8-K, to the Securities and Exchange Commission and shall not be deemed to be "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Furthermore the information contained in this Current Report on Form 8-K shall not be deemed to be incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing.



ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(D) Exhibits. The following materials are furnished as exhibits to this Current Report on Form 8-K:

Exhibit
 Number    Description of Exhibit

   99.1    Press release dated July 25, 2013


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