Financial Highlights for Banks and Thrifts
SOUTHSIDE BANCSHARES, INC. (NASDAQ - SBSI)
Trend Analysis--Quarterly (
click here for Annual Analysis
)
For the definition of a financial field, click on the field name.
Balance Sheet ($000)
2009 Q4
2008 Q4
Y-Y
Ch (%)
2009 Q3
Q-Q
Ch (%)
†
Loans Held for Investment, before Reserves
1,033,576
1,022,549
1.08
1,015,724
7.03
Loans Held for Sale, before Reserves
NA
511
NA
4,317
NA
Loan Loss Reserve
19,896
16,112
23.49
18,445
31.47
Net Loans Receivable
1,013,680
1,006,948
0.67
1,001,596
4.83
Intangible Assets
NA
23,513
NA
23,220
NA
Total Assets
3,024,288
2,700,238
12.00
2,941,563
11.25
Deposits
1,870,421
1,556,131
20.20
1,787,248
18.61
Debt, Senior and Subordinated
NA
957,671
NA
924,531
NA
Common Equity
NA
160,617
NA
202,665
NA
Total Shareholders' Equity
202,249
161,089
25.55
203,369
(2.20)
Shares Outstanding (actual)
NA
14,725,752
NA
14,935,039
NA
Income Statement ($000)
2009 Q4
2008 Q4
Y-Y
Ch (%)
2009 Q3
Q-Q
Ch (%)
†
Net Interest Income
25,166
22,740
10.67
22,663
44.18
Provision for Loan Losses
5,113
5,339
(4.23)
2,973
287.92
Noninterest Income
6,391
6,934
(7.83)
6,800
(24.06)
Noninterest Expense
19,074
16,004
19.18
17,751
29.81
Net Income Before Taxes
13,833
14,091
(1.83)
14,452
(17.13)
Provision for Taxes
3,588
3,851
(6.83)
3,620
(3.54)
Net Income
10,245
10,240
0.05
10,832
(21.68)
Per Share Items ($)
2009 Q4
2008 Q4
Y-Y
Ch (%)
2009 Q3
Q-Q
Ch (%)
†
Book Value per Share
13.47
10.90
23.58
13.57
(2.95)
Tangible Book Value
NA
9.30
NA
12.02
NA
Diluted EPS Before Extra
0.69
0.70
(1.43)
0.70
(5.71)
Diluted EPS After Extra
0.69
0.70
(1.43)
0.70
(5.71)
Dividends Declared
0.3400
0.1810
87.85
0.1400
571.43
Performance Ratios (%)
2009 Q4
2008 Q4
Y-Y
Ch (bp)
2009 Q3
Q-Q
Ch (bp)
ROAA
1.39
1.58
(19)
1.47
(8)
ROAE
19.89
27.85
(796)
21.81
(192)
Net Interest Margin
3.96
3.96
0
3.73
23
Loans / Deposits
55.26
65.71
(1,045)
56.83
(157)
Efficiency Ratio
54.83
50.71
412
53.77
106
Balance Sheet Ratios (%)
2009 Q4
2008 Q4
Y-Y
Ch (bp)
2009 Q3
Q-Q
Ch (bp)
Tangible Equity/ Tangible Assets
NA
5.14
NA
6.17
NA
Equity/ Assets
6.69
5.97
72
6.91
(23)
Asset Quality Ratios (%)
2009 Q4
2008 Q4
Y-Y
Ch (bp)
2009 Q3
Q-Q
Ch (bp)
Nonperforming Assets/ Assets
0.78
0.58
20
0.79
(1)
Loan Loss Reserves/ Gross Loans
1.92
1.57
35
1.81
12
Loan Loss Reserves/ NPAs
86.02
106.08
(2,007)
83.30
271
Net Charge-offs/ Avg Loans
1.42
0.87
56
1.30
12
Regulatory Capital Ratios (%)
2009 Q4
2008 Q4
Y-Y
Ch (bp)
2009 Q3
Q-Q
Ch (bp)
Tier 1 Capital Ratio
NA
16.04
NA
17.76
NA
†
Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4
*
Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.
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