What are the Liquidity Ratios: Current Ratio, Quick Ratio, and Absolute Liquidity Ratio?

For year 2017

Southside Bancshares, Inc and Subsidiaries
Consolidated Balance Sheet
(in thousands)
	12 Months Ended
	Dec 31, 2017		Dec 31, 2016		Dec 31, 2015
ASSETS
Cash and due from banks	$ 79,171		$ 59,363		$ 54,288
Interest earning deposits	111,541		102,251		26,687
Federal Funds sold	7,980		8,040		-
Total cash and cash equivalents	198,692		169,654		80,975
Security available for sale, at estimated fair value	1,538,755		1,479,600		1,460,492
Securities held to maturity, at carrying value (estimated fair value of $921,800, $944,282, and $799,763 respectively)	909,506		937,487		784,296
FHLB stock, at cost	55,729		61,084		51,047
Other investments	5,821		5,508		5,462
Loans held for sale	2,001		7,641		3,811
Loans:
Loans [1]	3,294,356		2,556,537		2,431,753
Less: Allowance for loan losses [2]	(20,781)		(17,911)		(19,736)
Net Loans	3,273,575		2,538,626		2,412,017
Premises and equipment, net	133,640		106,003		107,929
Goodwill	201,246		91,520		91,520
Other intangible assests, net	22,993		4,608		6,548
Interest Receivable	28,491		25,183		22,700
Deferred tax asset, net	12,204		28,891		19,903
Unsettled trades to sell securities	-		-		9,343
Bank owned life insurance	100,368		97,775		95,080
Other assets	15,076		10,187		10,873
Total assets	6,498,097		5,563,767		5,161,996
Deposits:
Noninterest bearing	1,037,401		704,013		672,470
Interest bearing	3,478,046		2,829,063		2,782,937
Total deposits	4,515,447		3,533,076		3,455,407
Federal funds purchased and repurchase agreements	9,498		7,097		2,429
FHLB borrowings	1,017,361		1,309,646		1,147,688
Subordinated notes, net of unamortized debt issuance costs [3]	98,248		98,100		-
Trust preferred subordinated debentures, net of unmortized debt issuance costs	60,241		60,236		60,231
Unsettled trades to purchase securites	-		160		19,350
Other liabilities	43,162		37,178		32,829
Total liabilities	5,743,957		5,045,493		4,717,934
STOCKHOLDERS' EQUITY
Common stock: ($1.25 par value, 40,000,000 shares authorized, 37,802,352 shares issued at Dec. 31, 2017 and 31,455,951 shares issued at Dec. 31, 2016	47,253		39,320		34,832
Paid-in capital	757,439		535,240		424,078
Retained earnings	32,851		30,098		41,527
Treasury stock, at cost (2,802,019 at Dec. 31, 2017 and 2,913,064 at Dec. 31, 2016 and 2,469,638 at December 31, 2015)	(47,105)		(47,891)		(37,692)
Accumulated other comprehensive loss	(36,298)		(38,493)		(18,683)
Total Stockholders' Equity	754,140		518,274		444,062
Total Liabilities and Stockholders' Equity	$ 6,498,097		$ 5,563,767		$ 5,161,996
[1] Includes approximately $861.8 million and $372.4 million of acquired loans as of December 31, 2017 and 2016, respectively.
						[2] Loans acquired with the Diboll acquisition were measured at fair value on November 30, 2017 with no carryover of allowance for loan loss. There was no allowance for loan loss recorded on purchase credit impaired (PCI) loans as of December 31, 2017. The allowance for loan loss recorded on PCI loans was $3,000 as of December 31, 2016.
[3] This debt consists of subordinated notes with a remaining maturity greater than one year that qualify under the risk-based capital guidelines as Tier 2 capital, subject to certain limitations.