TYLER, Texas (AP) _ Southside Bancshares Inc. (SBSI) on Friday reported net income of $27.7 million in its fourth quarter.

The bank, based in Tyler, Texas, said it had earnings of 87 cents per share. Earnings, adjusted for amortization costs, came to 88 cents per share.

The holding company for Southside Bank posted revenue of $85.9 million in the period. Its revenue net of interest expense was $71.3 million, surpassing Street forecasts.

For the year, the company reported profit of $105 million, or $3.26 per share. Revenue was reported as $253.2 million.

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