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Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that offers various financial products and services to individuals, businesses, municipal entities, and non-profit organizations. The company provides various deposit products, including savings, money market, interest and non-interest bearing checking accounts, and certificates of deposit. Its consumer loan services include 1-4 family residential mortgage loans, home equity loans, home improvement loans, automobile loans, and other installment loans; and commercial loan services comprise short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans. The company also provides construction loans for 1-4 family residential and commercial real estate. In addition, Southside Bancshares offers trust services, including investment, management, administration, and advisory services; safe deposit services; brokerage services; and telephone, the Internet, and electronic banking services, as well as automatic teller machine (ATM) services. Further, the company, through its 50% interest in Southside Financial Group, LLC, engages in the purchase of automobile loan portfolios from lenders throughout the United States. As of December 31, 2008, it operated 44 branch locations in Tyler, Longview, Lindale, Gresham, Jacksonville, Bullard, Chandler, Hawkins, Seven Points, Palestine, Forney, Gun Barrel City, Athens, Whitehouse, Fort Worth, Arlington, and Austin, of which 18 are located in grocery stores, as well as operated a network of 47 ATMs. The company was founded in 1960 and is based in Tyler, Texas.

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Key Statistics

Closing Price	21.78
Volume	76333
Volume Avg	57698
52 Week High	22.61
52 Week Low	17.80
PE	8.91
PE (group average)	27
EPS Year	2.47
EPS change Q/Q	-2.17%
EPS change Q/Q Yr ago	-35.71%
EPS change Q/Q next Q est	-16.67%
EPS change Y/Y	18.69%
REV change Q/Q	-5%
REV change Q/Q Yr ago	-19.23%
EPS next Q est	0.54
EPS next Y est	2.12
Divident Annual	0.91
Dividend Yield	4.18%