Southside Bancshares, Inc. Announces Retirement of H. J. Shands III, Regional President of East Texas, Effective April 30, 2020
January 06, 2020 at 05:13 pm EST
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On December 17, 2019, H. J. Shands III, Regional President of East Texas and director of Southside Bancshares, Inc. (the “Company”) notified the Company of his decision to retire as Regional President of East Texas, effective April 30, 2020. Mr. Shands will continue as a member of the Board of Directors of the Company. Mr. Shands joined the Company through the acquisition of Diboll State Bancshares, Inc. on November 30, 2017 and previously served as President and Chief Executive Officer of First Bank & Trust East Texas for 26 years.
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. 
