Southside Bancshares, Inc. (NasdaqGS:SBSI) is looking for acquisitions. Lee Gibson, President, Chief Executive Officer of company, "During the fourth quarter, we successfully issued a $100 million sub debt offering. This low-cost capital provides further optionality to grow through acquisitions or organically. We believe during the next few years, bank consolidation in Texas will accelerate. As a result, utilizing the strength of our balance sheet, liquidity and capital position, we believe we are well positioned to actively pursue attractive bank acquisitions, while at the same time, organically growing and expanding our Texas franchise in the coming years". He further added, "On the acquisition front, we're hearing from a number of parties that there's going to be increased interest by sellers. I think the new administration and potential additional regulation, the opportunity to adopt CECL in a couple of years. And a few things like that, combined with some of the aging boards and ownership groups among the large number of private banks in the state of Texas are all going to act to basically produce more acquisition opportunities".