SOUTHSIDE BANCSHARES INC 8-K

What Happened Southside Bancshares, Inc. announced on January 6, 2026 that it delivered a notice to UMB Bank, N.A., as trustee, to redeem all of its outstanding 3.875% Fixed to Floating Rate Subordinated Notes due 2030 in the aggregate principal amount of $100 million. The Company set the redemption date for February 15, 2026. The Notes will be redeemed at 100% of principal plus any accrued and unpaid interest up to, but excluding, the Redemption Date; interest on the Notes will cease to accrue on and after the Redemption Date.

Key Details

• Aggregate principal amount to be redeemed: $100,000,000 (this amount “includes $7 million of the Notes repurchased by the Company”).
• Coupon/type: 3.875% Fixed to Floating Rate Subordinated Notes, maturity 2030.
• Redemption date and payment: February 15, 2026; redemption at 100% of principal plus accrued and unpaid interest through Feb 14, 2026.
• Trustee and governing document: UMB Bank, National Association as Trustee; issued under the Subordinated Indenture dated November 6, 2020. Filing signed Jan 6, 2026 by CFO Julie N. Shamburger.

Why It Matters This redemption will remove $100 million of subordinated debt from Southside Bancshares’ balance sheet and stop interest accrual on these Notes after the redemption date, reducing future interest expense related to this instrument. The Company will need to fund the cash payment of principal and any accrued interest on Feb 15, 2026. The filing does not state whether the Company will replace the notes or how the redemption will be financed; investors should note the change in the company’s debt profile and the near-term cash outflow.