-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MtAjSl7Jlbo1/HfAxf4zjEUkBOrxwIOcOEA0ZDH42aWz6UCCaVBP8t2Zr/D/wuXy 7lcWx6Db9ker/Xi4u9fW4Q== 0001085204-01-000006.txt : 20010205 0001085204-01-000006.hdr.sgml : 20010205 ACCESSION NUMBER: 0001085204-01-000006 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010131 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHSIDE BANCSHARES CORP CENTRAL INDEX KEY: 0000703970 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 431262037 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-34729 FILM NUMBER: 1519609 BUSINESS ADDRESS: STREET 1: 3606 GRAVOIS AVE CITY: ST LOUIS STATE: MO ZIP: 63116 BUSINESS PHONE: 3147767000 MAIL ADDRESS: STREET 1: 3606 GRAVOIS AVE CITY: ST LOUIS STATE: MO ZIP: 63116 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST BANKS INC CENTRAL INDEX KEY: 0000710507 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 431175538 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 135 N MERAMEC AVE CITY: ST LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 3148544600 MAIL ADDRESS: STREET 1: 135 N MERAMEC AVE CITY: ST LOUIS STATE: MO ZIP: 63105 SC 13D/A 1 0001.txt SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------------------- Amendment No. 7 to SCHEDULE 13D INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a) Southside Bancshares Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 844 700-10-4 - -------------------------------------------------------------------------------- (CUSIP Number) Allen H. Blake President First Banks, Inc. 135 N. Meramec Clayton, Missouri 63105 (314) 854-4600 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) with copies to: Don G. Lents, Esq. Bryan Cave LLP One Metropolitan Square Suite 3600 St. Louis, Missouri 63102 (314) 259-2000 January 30, 2001 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box: (Continued on following pages) (Page 1 of 23 Pages) ---------------------------- ----------------------------- CUSIP No. 844 700-10-4 Schedule 13D Page 2 of 23 Pages ---------------------------- ----------------------------- - ------------ ------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) First Banks, Inc. (43-1175538) - ------------ ------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) X - ------------ ------------------------------------------------------------------- 3 SEC USE ONLY - ------------ ------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ------------ ------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) - ------------ ------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Missouri, USA - ------------ ------------------------------------------------------------------- NUMBER OF SHARES 7 SOLE VOTING POWER 1,583,460 ------- ------------------------------------------------ BENEFICIALLY OWNED BY 8 SHARED VOTING POWER 0 ------- ------------------------------------------------ EACH REPORTING 9 SOLE DISPOSITIVE POWER 1,583,460 ------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - ----------------------- ------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,583,460 - ------------ ------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - ------------ ------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.9% - ------------ ------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - ------------ ------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. Security and Issuer. This statement relates to the Common Stock, par value $1.00 per share (the "Common Stock"), issued by Southside Bancshares Corp., ("Southside"), whose principal executive offices are located at 3606 Gravois Avenue, St. Louis, Missouri 63116. The full text of the 13D is being filed with this amendment pursuant to Rule 13d-2(e) of the Securities Exchange Act of 1934, as amended. Item 2. Identity and Background. This statement is filed by First Banks, Inc. a Missouri corporation and registered bank holding company ("First Banks") with its principal office at 135 North Meramec, Clayton, Missouri 63105. The controlling shareholders of First Banks are (i) Mary W. Dierberg and James F. Dierberg II, Trustees under the living trust of James F. Dierberg II, dated July 24, 1989, (ii) Mary W. Dierberg and Michael James Dierberg, trustees under the living trust of Michael James Dierberg, dated July 24, 1989, (iii) Mary W. Dierberg and Ellen C. Dierberg, trustees under the living trust of Ellen C. Dierberg, dated July 17, 1992, (iv) James F. Dierberg, trustee of the James F. Dierberg living trust, dated October 8, 1985, and (v) First Trust (Mary W. Dierberg and First Bank, Trustees of First Trust established U/I James F. Dierberg dated December 30, 1992). First Bank is a wholly-owned subsidiary of First Banks, Inc. James F. Dierberg and Mary W. Dierberg are husband and wife, and James F. Dierberg, II, Michael James Dierberg, and Ellen D. Schepman, formerly Ellen C. Dierberg, are their children (the "Dierberg Family").
The directors and executive officers of First Banks and their positions with First Banks are as follows: James F. Dierberg Chairman of the Board of Directors and Chief Executive Officer Allen H. Blake Director and President, Chief Operating Officer and Secretary David L. Steward Director Douglas H. Yaeger Director Donald W. Williams Senior Executive Vice President and Chief Credit Officer Michael F. Hickey Executive Vice President and Chief Information Officer Terrance M. McCarthy Executive Vice President Michael F. McWhortor Executive Vice President -- Banking Support Frank H. Sanfilippo Executive Vice President and Chief Financial Officer Mark T. Turkcan Executive Vice President -- Mortgage Banking Lisa K. Vansickle Vice President and Controller
The information required by Item 2 with respect to First Banks is attached to this Schedule 13D as Exhibits 2A through 2Q, and is incorporated herein by reference. Item 3. Source and Amount of Funds or Other Consideration. The source of funds for First Banks is working capital. Item 4. Purpose of Transaction. The shares of Common Stock covered by this statement were acquired for investment purposes. First Banks intends to continue to assess the market for the Common Stock. First Banks may purchase additional shares of the Common Stock and/or acquire options to purchase shares of Common Stock or may dispose of shares of the Common Stock from time to time depending on such continuing assessment and upon future developments, including the then market price of such shares. By order dated November 8, 1993, the Board of Governors of the Federal Reserve System approved the acquisition by First Banks of up to 19.99% of the voting shares of Southside. In connection therewith, First Banks must abide by certain passivity commitments contained in such order, until such time as such commitments may be modified or terminated. As described above in Item 2, the Dierberg Family controls First Banks. Members of the Dierberg Family, directly and indirectly, also control Investors of America, L.P., a Nevada limited partnership, which , as of January 30, 2001, beneficially owned 4.43 percent of the Common Stock of Southside. In addition, as of that date, 0.20% of Southside Common Stock was owned through an IRA for James F. Dierberg. First Banks disclaims beneficial ownership of the Common Stock owned by Investors of America, L.P. and the James F. Dierberg IRA. Southside has announced a "Dutch Auction" tender offer for purchase by the Company of up to 17.5% of the Common Stock. In reviewing the terms of the tender offer and its potential impact on First Banks, First Banks has determined that it may be advisable to explore the possibility of some form of business combination involving First Banks and Southside. First Banks has expressed interest in discussing the possibility of such a business combination to Southside and, in order to allow discussions concerning any potential transaction to proceed on a meaningful basis, First Banks has expressed a willingness to enter into a Confidentiality Agreement, so as to allow First Banks to conduct due diligence with respect to Southside and its operations. There can be no assurance that any proposal will be made with respect to any business combination involving First Banks and Southside, or that if any such proposal is made that it will prove acceptable to First Banks and Southside. Any proposed business combination or other transaction would be subject to negotiation and agreement with respect to applicable terms, approval by the Board of Governors of the Federal Reserve System, and other typical conditions. Item 5. Interest in Securities of the Issuer. (a) The aggregate percentage of shares of Common Stock reported owned by First Banks is based upon 8,393,528 shares outstanding as indicated by the Tender Offer Statement of Southside dated January 8, 2001. As of the close of business on January 30, 2001, First Banks beneficially owned 1,583,460 shares, or approximately 18.87 percent of such number of shares of Common Stock. Both the number of shares of Common Stock outstanding and the number of shares of Common Stock held by First Banks reflect stock splits which have occurred since the last amendment to this Schedule 13D. (b) As of January 30, 2001, First Banks beneficially owned 1,583,460 shares of the Common Stock and had the sole power to vote and dispose of all of such shares, which are owned outright. (c) First Banks has not effected any purchases of Common Stock during the past 60 days. (d) Not Applicable (e) Not Applicable Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Not Applicable Item 7. Material To Be Filed As Exhibits. Not Applicable SIGNATURE After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 30, 2001 FIRST BANKS, INC. By: /s/ JAMES F. DIERBERG ---------------------------------- Name James F. Dierberg Title: Chief Executive Officer Exhibit 2A FIRST BANKS, INC. State of Other Place of Organization: Missouri - ------------------------------------- Principal Business: Bank Holding Company - ------------------- Address of Principal Business: 135 North Meramec - ------------------------------ Clayton, Missouri 63105 Address of Principal Office: 135 North Meramec - ---------------------------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Exhibit 2B JAMES F. DIERBERG (Chief Executive Officer and Chairman of the Board of Directors of First Banks, Inc., and trustee of the James F. Dierberg living trust, dated October 8, 1985) Residence or Business Address: 39 Glen Eagles Drive - ------------------------------ St. Louis, Missouri 63124 Principal Occupation or Employment: Chairman of the Board of Directors - ----------------------------------- and Chief Executive Officer Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank Holding Company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2C MARY W. DIERBERG (Co-Trustee under the living trust of James F. Dierberg, II, dated July 24, 1989, the living trust of Michael James Dierberg, dated July 24, 1989, the living trust of Ellen C. Dierberg, dated July 17, 1992, and First Trust established U/I James F. Dierberg dated December 30, 1992). Residence or Business Address: 39 Glen Eagles Drive - ------------------------------ St. Louis, Missouri 63124 Principal Occupation or Employment: Housewife - ----------------------------------- Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2D JAMES F. DIERBERG, II (Co-Trustee of the living trust of James F. Dierberg, II, dated July 24, 1989) Residence or Business Address: Phnom Penh - ------------------------------ Cambodia Principal Occupation or Employment: Journalist - ----------------------------------- Name of Employer: Self-employed ----------------- Principal Business: Free Lance Journalist ------------------- Address: Phnom Penh -------- Cambodia Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2E MICHAEL JAMES DIERBERG (Co-Trustee of the living trust of Michael James Dierberg, dated July 24, 1989) Residence or Business Address: 1404 26th Street, NW - ------------------------------ Washington, DC 20007 Principal Occupation or Employment: Attorney - ----------------------------------- Name of Employer: Comptroller of the Currency ----------------- Principal Business: Regulation of National Banks ------------------- Address: 250 E Street SW -------- Washington, DC 20219 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2F ELLEN DIERBERG SCHEPMAN (Co-Trustee of the living trust of Ellen C. Dierberg, dated July 17, 1992) Residence or Business Address: 25 Spoede Lane - ------------------------------ St. Louis, Missouri 63141 Principal Occupation or Employment: Marketing and Internet Coordinator - ----------------------------------- Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank Holding Company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2G FIRST BANK (Co-Trustee of First Trust) State of Other Place of Organization: Missouri - ------------------------------------- Principal Business: Banking - ------------------- Address of Principal Business: 11901 Olive Boulevard - ------------------------------ St. Louis, Missouri 63141 Address of Principal Office: 11901 Olive Boulevard - ---------------------------- St. Louis, Missouri 63141 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Exhibit 2H ALLEN H. BLAKE (President, Chief Operating Officer, Secretary and Director of First Banks, Inc.) Residence or Business Address: 2345 Kettington Road - ------------------------------ Chesterfield, Missouri 63017 Principal Occupation or Employment: President and Chief Operating Officer - ----------------------------------- Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank holding company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2I DONALD W. WILLIAMS (Senior Executive Vice President and Chief Credit Officer of First Banks, Inc., Chairman of the Board, President and Chief Executive Officer of First Bank) Residence or Business Address: 18 Huntleigh Downs Drive - ------------------------------ St. Louis, Missouri 63131 Principal Occupation or Employment: Senior Executive Vice President and - ----------------------------------- Chief Credit Officer Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank holding company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2J MICHAEL F. HICKEY (Executive Vice President and Chief Information Officer of First Banks, Inc.) Residence or Business Address: 12 Brambalette Hollow - ------------------------------ O'Fallon, Missouri 63366 Principal Occupation or Employment: Executive Vice President and - ----------------------------------- Chief Information Officer Name of Employer: First Banks, Inc. ---------------- Principal Business: Bank holding company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2K TERRANCE M. McCARTHY (Executive Vice President of First Banks, Inc., Chairman of the Board of Directors, Chief Executive Officer and President of First Bank & Trust) Residence or Business Address: 1047 Sunrise Ridge - ------------------------------ Lafayette, California 94549 Principal Occupation or Employment: Chairman of the Board of Directors, - ----------------------------------- Chief Executive Officer and President of First Bank & Trust Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank holding company ------------------- Address: 550 Montgomery Street, 10th Floor -------- San Francisco, California 94111 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2L MICHAEL F. McWHORTOR (Executive Vice President--Banking Support of First Banks, Inc.) Residence or Business Address: 1141 North Drive - ------------------------------ Warson Woods, Missouri 63122 Principal Occupation or Employment: Executive Vice President--Banking Support - ----------------------------------- Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank holding company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2M FRANK H. SANFILIPPO (Executive Vice President and Chief Financial Officer of First Banks, Inc.) Residence or Business Address: 12007 Foursome Place - ------------------------------ Sunset Hills, Missouri 63128 Principal Occupation or Employment: Executive Vice President and - ----------------------------------- Chief Financial Officer Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank holding company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2N MARK T. TURKCAN (Executive Vice President--Mortgage Banking of First Banks, Inc.) Residence or Business Address: 711 Bent Brook Road - ------------------------------ St. Louis, Missouri 63122 Principal Occupation or Employment: Executive Vice President-- - ----------------------------------- Mortgage Banking Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank holding company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2O LISA K. VANSICKLE (Vice President and Controller of First Banks, Inc.) Residence or Business Address: 1261 Woodland Trails Drive - ------------------------------ Kirkwood, Missouri 63122 Principal Occupation or Employment: Vice President and Controller - ----------------------------------- Name of Employer: First Banks, Inc. ----------------- Principal Business: Bank holding company ------------------- Address: 135 North Meramec -------- Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2P DAVID L. STEWARD (Director of First Banks, Inc.) Residence or Business Address: 127 Weldon Parkway - ------------------------------ St. Louis, Missouri 63043 Principal Occupation or Employment: Chairman of the Board of Directors, - ----------------------------------- and Chief Executive Officer Name of Employer: World Wide Technology, Inc. ----------------- Principal Business: Internet-based hardware, software ------------------- and networking solutions Address: 127 Weldon Parkway -------- St. Louis, Missouri 63043 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ Exhibit 2Q DOUGLAS H. YAEGER (Director of First Banks, Inc.) Residence or Business Address: 720 Olive Street, Room 1507 - ------------------------------ St. Louis, Missouri 63101 Principal Occupation or Employment: Chairman of the Board of Directors, - ----------------------------------- President and Chief Executive Officer Name of Employer: Laclede Gas Company ----------------- Principal Business: Retail distribution of natural gas ------------------- Address: 720 Olive Street, Room 1507 -------- St. Louis, Missouri 63101 Criminal Proceedings During Last 5 Years: None - ----------------------------------------- Civil Proceedings During Last 5 Years: None - -------------------------------------- Citizenship: U. S. A. - ------------ -----END PRIVACY-ENHANCED MESSAGE-----