TYLER, Texas, Feb. 28 /PRNewswire-FirstCall/ -- Southside Bancshares, Inc.
(Nasdaq: SBSI), will be presenting in the Midwest 2005 Super-Community Bank
Conference in Chicago, Illinois, on March 1st and 2nd. Sam Dawson, President
and COO and Lee. R. Gibson, EVP and CFO, of Southside Bancshares, Inc. are
scheduled to present on Tuesday, March 1st at approximately 10:30 a.m. CT.
The presentation will be webcast and may be accessed at
http://www.super-communitybanking.com/midwest.htm . To listen to the live
webcast, please go to the website at least fifteen minutes early to download
and install any necessary software. The presentation will also be available
on Southside Bancshares, Inc. Corporate website
(http://www.southside.com/investor ) both live and in archive for 30 days
following the event.
About the Company
Southside Bancshares, Inc. is a $1.6 billion holding company that owns
100% of Southside Bank. The bank currently has twenty-eight banking centers
in East Texas. To learn more about Southside Bancshares, Inc., please visit
our investor relations website at http://www.southside.com/investor . Our
investor relations site provides a detailed overview of our activities,
financial information, and historical stock price data. To receive e-mail
notification of company news, events, and stock activity, please register on
the E-mail Notification portion of the web site. Questions or comments may be
directed to Susan Hill at (903) 531-7220, or susanh@southside.com
Forward-Looking Statements
Certain statements of other than historical fact that are contained in
this document and in written material, press releases and oral statements
issued by or on behalf of Southside Bancshares, Inc., (the "Company") a bank
holding company, may be considered to be "forward-looking statements" as that
term is defined in the Private Securities Litigation Reform Act of 1995.
These statements may include words such as "expect," "estimate," "project,"
"anticipate," "believe," "could," "should," "may," "intend," "probability,"
"risk," "target," "objective" and similar expressions. Forward-looking
statements are subject to significant risks and uncertainties and the
Company's actual results may differ materially from the results discussed in
the forward-looking statements. For example, certain market risk disclosures
are dependent on choices about key model characteristics and assumptions and
are subject to various limitations. By their nature, certain of the market
risk disclosures are only estimates and could be materially different from
what actually occurs in the future. As a result, actual income gains and
losses could materially differ from those that have been estimated. Other
factors that could cause actual results to differ materially from forward-
looking statements include, but are not limited to general economic
conditions, either globally, nationally or in the State of Texas, legislation
or regulatory changes which adversely affect the businesses in which the
Company is engaged, adverse changes in Government Sponsored Enterprises (the
"GSE's") status or financial condition impacting the GSE's guarantees or
ability to pay or issue debt, economic or other disruptions caused by acts of
terrorism or military actions in Iraq, Afghanistan or other areas, changes in
the interest rate yield curve or interest rate environment which reduce
interest margins and may impact prepayments on the mortgage-backed securities
portfolio, changes affecting the leverage strategy, significant increases in
competition in the banking and financial services industry, changes in
consumer spending, borrowing and saving habits, technological changes, the
Company's ability to increase market share and control expenses, the effect of
compliance with legislation or regulatory changes, the effect of changes in
accounting policies and practices and the costs and effects of unanticipated
litigation.
SOURCE Southside Bancshares, Inc.
-0- 02/28/2005
/CONTACT: Susan Hill of Southside Bancshares, Inc., +1-903-531-7220, or
susanh@southside.com /
/Web site: http://www.southside.comhttp://www.super-communitybanking.com/midwest.htmhttp://www.southside.com/investor /
(SBSI)
CO: Southside Bancshares, Inc.
ST: Texas, Illinois
IN: FIN
SU: MAV CCA TDS
AH-CD
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3350 02/28/200516:51 ESThttp://www.prnewswire.com