TYLER, Texas, April 28, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI), the holding company of Southside Bank, has announced the promotion of Jared Green to Regional President of the East Texas market, upon the retirement of H.J. “Jay” Shands, lll, on April 30, 2020.
Joining Southside in 2013, Green is an established commercial lender with more than 16 years of banking experience and most recently served as Executive Vice President, Commercial Lending for East Texas. In his new role, Green will lead the Bank’s East and Southeast Texas commercial lending teams with a focus on building strong, lasting customer relationships and growing the Bank’s commercial loan portfolio.
“We are very proud to announce Jared’s promotion to this key role,” said Lee R. Gibson, President and Chief Executive Officer (CEO) of Southside. “Jared brings incredible commercial lending experience and is committed to meeting the needs of our clients. Under his leadership, we are confident that Southside will continue to develop commercial business relationships throughout the East and Southeast Texas regions.”
Shands will retire following a distinguished 40-year banking career. He served as President and CEO of First Bank & Trust East Texas for 26 years before its merger with Southside Bank in 2017, at which time he assumed the role of Regional President of East Texas and director of the Bank and the Company. He will continue to serve on both boards following his retirement.
“Jay’s banking experience and knowledge have been an instrumental part of Southside’s recent success,” Gibson said. “We look forward to continuing to benefit from his invaluable advice as he serves on our boards of directors.”
About Southside Bancshares, Inc.
Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $6.75 billion in assets as of December 31, 2019. Through its wholly-owned subsidiary, Southside Bank, Southside currently operates 60 branches and a network of 82 ATMs/ITMs throughout East Texas, Southeast Texas, Dallas/Fort Worth and Austin. Serving customers since 1960, Southside Bank is a community-focused financial institution that offers a full range of financial products and services to individuals and businesses. These products and services include consumer and commercial loans, mortgages, deposit accounts, safe deposit boxes, treasury management, wealth management, trust services, brokerage services and an array of online and mobile services.
