SOUTHSIDE BANCSHARES INC Annual Amortization of Intangible Assets in USD from 2015 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Southside Bancshares Inc quarterly/annual Amortization of Intangible Assets history and growth rate from 2015 to 2023.
  • Southside Bancshares Inc Amortization of Intangible Assets for the quarter ending September 30, 2024 was $278K, a 31.7% decline year-over-year.
  • Southside Bancshares Inc Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $1.29M, a 29.9% decline year-over-year.
  • Southside Bancshares Inc annual Amortization of Intangible Assets for 2023 was $1.7M, a 25.3% decline from 2022.
  • Southside Bancshares Inc annual Amortization of Intangible Assets for 2022 was $2.27M, a 20.2% decline from 2021.
  • Southside Bancshares Inc annual Amortization of Intangible Assets for 2021 was $2.85M, a 21.2% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.7M -$576K -25.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-27
2022 $2.27M -$576K -20.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-27
2021 $2.85M -$768K -21.2% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-27
2020 $3.62M -$801K -18.1% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $4.42M -$795K -15.3% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-25
2018 $5.21M +$3.26M +167% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $1.96M +$15K +0.77% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-28
2016 $1.94M -$356K -15.5% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-28
2015 $2.3M Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.