Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
GIBSON LEE R
   2. Issuer Name and Ticker or Trading Symbol
SOUTHSIDE BANCSHARES INC [SBSI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM		 3. Date of Earliest Transaction (Month/Day/Year)
11/30/2005
(Street)

TYLER, TX 75701		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/30/2005   M(1)   1,936 A $ 5.71 1,936 D  
Common Stock 11/30/2005   M(2)   1,250 A $ 5.79 3,186 D  
Common Stock 11/30/2005   S(2)   1,250 D $ 20 (2) 1,936 D  
Common Stock               111 I Self Cust./Daughter
Common Stock               82 I Self Cust./Son
Common Stock               6,957.23 I by ESOP

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $ 5.71 11/30/2005   M(1)     1,936   (3) 06/05/2007 Common Stock 1,936 (1) 0 D  
Incentive Stock Option (right to buy) $ 5.79 11/30/2005   M(2)     1,250   (4) 08/31/2010 Common Stock 1,250 (2) 28,814 D  
Incentive Stock Option (right to buy) $ 6.27               (5) 06/10/2009 Common Stock 21,046   21,046 D  
Incentive Stock Option (right to buy) $ 6.49               (6) 10/15/2008 Common Stock 3,943   3,943 D  
Non-Qualified Stock Option (right to buy) $ 5.79               (7) 08/31/2010 Common Stock 3,442   3,442 D  
Non-Qualified Stock Option (right to buy) $ 6.27               (8) 06/10/2009 Common Stock 64   64 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GIBSON LEE R
SOUTHSIDE BANCSHARES INC
1201 SOUTH BECKHAM
TYLER, TX 75701		       Executive Vice President  

Signatures

 Lee R. Gibson   11/30/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Mr. Gibson exercised 1,936 options shares to purchase and hold shares on 11-30-05 issued on 6-5-97, under the 1993 Incentive Stock Option Plan.
(2) Mr. Gibson exercised 1,250 option shares in a cashless transaction on 11-30-05 issued 8-31-2000, under the 1993 Incentive Stock Option Plan.
(3) Vested 20% per year and became fully exercisable 06/05/2002.
(4) Vested 20% per year and became fully exercisable 08/31/2005.
(5) Options vest 20% per year and currently 80% are fully exercisable.
(6) Vested 20% per year and became fully exercisable 10/15/2003.
(7) Non-Qualified Incentive Stock Option became fully exercisable 08/31/01.
(8) Non-qualified Incentive Stock Option became fully exercisable 06/10/2000.

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