Southside Bancshares, Inc. Provides Tax Rate Guidance for the Full Year 2018
October 26, 2018 at 10:00 am
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Southside Bancshares, Inc. provided non -interest expense guidance for the fourth quarter and tax rate guidance for the full year 2018. For the full year, the company is estimating the final effective tax rate for 2018 at approximately 13.4% excluding the net impact of discrete tax items.
Southside Bancshares, Inc. is a bank holding company for Southside Bank. The Company operates through approximately 55 branches, 13 of which are located in grocery stores, in addition to wealth management and trust services, and/or loan production, brokerage or other financial services offices. It is a community-focused financial institution that offers a full range of financial services to individuals, businesses, municipal entities and nonprofit organizations in the communities that it serves. Its consumer loan services include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans and other consumer related loans. Its commercial loan services include commercial real estate loans and municipal loans. The Company's trust and wealth management services include investment management, administration of irrevocable, revocable and testamentary trusts, and custodian services, primarily for individuals and, to a lesser extent, partnerships and corporations.
SOUTHSIDE BANCSHARES, INC. 
