 TYLER, Texas, Jan. 27, 2021 GLOBE NEWSWIRE -- Southside Bancshares, Inc. Southside or the Company NASDAQ: SBSI today reported its financial results for the quarter and year ended December 31, 2020. Southside reported net income of 29.6 million for the three months ended December 31, 2020, an increase of 12.2 million, or 70.6, compared to 17.3 million for the same period in 2019. Earnings per diluted common share increased 0.38, or 74.5, to 0.89 for the three months ended December 31, 2020, from 0.51 for the same period in 2019. The annualized return on average shareholders equity for the three months ended December 31, 2020 was 13.77, compared to 8.42 for the same period in 2019. The annualized return on average assets was 1.64 for the three months ended December 31, 2020, compared to 1.03 for the same period in 2019. 