Southside Bancshares, Inc. Announces Board Changes
January 22, 2019 at 02:42 pm EST
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On January 17, 2019, M. Richard Warner, a member of the Board of Directors of Southside Bancshares, Inc., notified the company of his intention to not stand for re-election at the Company's next annual shareholder meeting in May 2019. Mr. Warner will continue to serve as a director of the company until the expiration of his term at the 2019 Annual Meeting. Also on January 17, 2019, Alton Cade, a member of the Company’s Board of Directors, notified the Company of his retirement as a director of the Company at the end of his term, effective with the date of the 2019 Annual Meeting. Mr. Cade has served as a director of the Company since 2003. Mr. Cade did not notify the Company of any disagreement with the Company on any matter relating to its operations, policies, or practices.
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. 
