Southside Bank

Southside Bank is headquartered in Tyler and is the 13^st largest bank in the state of Texas. It is also the 230^th largest bank in the nation. It was established in 1960 and as of March of 2012, it had grown to 623 employees at 40 locations. Southside Bank has a 5-star health rating.

Southside Bank Routing Number: 111924237

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Data for Q1 2012

Institution Statistics Southside Bank FDIC Certificate # 18297 BankRate Report View Year Established 1960 Employees 623 Primary Regulator FDIC Assets and Liabilities Assets $3.21 billion Loans $1.12 billion Deposits $2.32 billion Equity Capital $308.54 million Loan Loss Allowance $20.07 million Unbacked Noncurrent Loans $10.93 million Real Estate Owned $538,000 Historic Data - March 2011 Assets $3.10 billion Equity Capital $272.11 million Loan Loss Allowance $19.78 million Unbacked Noncurrent Loans $13.93 million Real Estate Owned $451,000 Profit Margin - Quarterly Net Interest Margin 3.31% Return on Assets 1.36% Return on Equity 14.49% Interest Income $31.69 million

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Southside Bank had $11.47 million in non-current loans and owned real-estate with $328.62 million in equity and loan loss allowances on hand to cover it. This gives Southside Bank a Texas Ratio of 3.49% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Southside Bank decreased slightly from 5.02% as of March 31, 2011 to 3.49% as of March 31, 2012, resulting in a positive change of 30.52%.This indicates that the balance sheet and financial strength for Southside Bank has improved slightly in recent periods. Deposit Growth In the past year, Southside Bank has increased its total deposits by $110.25 million, resulting in 5% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Southside Bank has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Southside Bank has $3.21 billion in assets with $328.62 million in equity, resulting in a capitalization level of 10.23%, which is above average.

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