0000705432-20-000004.txt : 20200106 0000705432-20-000004.hdr.sgml : 20200106 20200106171150 ACCESSION NUMBER: 0000705432-20-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20191217 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20200106 DATE AS OF CHANGE: 20200106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHSIDE BANCSHARES INC CENTRAL INDEX KEY: 0000705432 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 751848732 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12247 FILM NUMBER: 20510813 BUSINESS ADDRESS: STREET 1: 1201 S BECKHAM CITY: TYLER STATE: TX ZIP: 75701 BUSINESS PHONE: 9035317111 MAIL ADDRESS: STREET 1: 1201 S BECKHAM CITY: TYLER STATE: TX ZIP: 75701 FORMER COMPANY: FORMER CONFORMED NAME: SOBANK INC DATE OF NAME CHANGE: 19920703 8-K 1 a8-k12172019.htm 8-K Document
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 FORM 8-K 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

December 17, 2019
Date of Report (Date of earliest event reported)

Southside Bancshares Inc
(Exact Name of Registrant as Specified in its Charter)

Texas
000-12247
75-1848732
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
1201 S. Beckham Avenue,
Tyler,
TX
 
75701
(Address of Principal Executive Offices)
 
(Zip Code)

Registrant's telephone number, including area code: (903) 531-7111

NA
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act:
Title of each class
 
Trading Symbol
 
Name of each exchange on which registered
Common stock, $1.25 par value
 
SBSI
 
NASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
 
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 









Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 17, 2019, H. J. Shands III, Regional President of East Texas and director of Southside Bancshares, Inc. (the “Company”) and director of Southside Bank (the “Bank”), a subsidiary of the Company, notified the Company of his decision to retire as Regional President of East Texas, effective April 30, 2020. Mr. Shands will continue as a member of the Board of Directors of the Company and the Bank.
Following his retirement, Mr. Shands will receive director compensation consistent with other non-employee directors. Mr. Shands did not previously receive any separate compensation for serving on the Board during his tenure as an executive with the Company.
Mr. Shands joined the Company through the acquisition of Diboll State Bancshares, Inc. on November 30, 2017 and previously served as President and Chief Executive Officer of First Bank & Trust East Texas for 26 years.





SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


 
 
Southside Bancshares, Inc.
 
 
 
Date:  January 6, 2020
By:
/s/ JULIE N. SHAMBURGER
 
 
Julie N. Shamburger, CPA
 
 
Senior Executive Vice President and Chief Financial Officer
 
 
(Principal Financial and Accounting Officer)




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Document Period End Date Dec. 17, 2019
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Entity Emerging Growth Company false
Entity Incorporation, State or Country Code TX
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Entity Tax Identification Number 75-1848732
Entity Address, Address Line One 1201 S. Beckham Avenue,
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Entity Address, State or Province TX
Entity Address, Postal Zip Code 75701
City Area Code 903
Local Phone Number 531-7111
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, $1.25 par value
Trading Symbol SBSI
Security Exchange Name NASDAQ
Amendment Flag false

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