SOUTHSIDE BANCSHARES INC

Ticker: SBSI CUSIP: 84470P109 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 10,430 Value ($000) $302 Avg Close $29.86 Range $26.40 - $32.50

Q3 2014

Shares 22,420 Value ($000) $745 Avg Close $28.76 Range $26.16 - $32.42

Q2 2014

Shares 22,420 Value ($000) $649 Avg Close $25.94 Range $23.44 - $29.50

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	10,430	$302	$29.86	$26.40 - $32.50
Q3 2014	22,420	$745	$28.76	$26.16 - $32.42
Q2 2014	22,420	$649	$25.94	$23.44 - $29.50