September 11, 2006

Approval of proposal by First National Bank Group

For immediate release

The Federal Reserve Board on Monday announced its approval of the application filed by First National Bank Group, Inc., Edinburg, to acquire up to 9.9 percent of the voting shares of Southside Bancshares, Incorporated, Tyler, both in Texas.

Attached is the Board's Order relating to this action.

Last Update: September 11, 2006