Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 66

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 66
---
 credit losses.The following table summarizes the Company’s AFS investments in an unrealized loss position for which an allowance for credit loss has not been recorded as of September 30, 2025 and December 31, 2024, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: Less Than 12 Months12 Months or MoreTotal(In thousands)EstimatedFairValueGrossUnrealizedLossesEstimatedFairValueGrossUnrealizedLossesEstimatedFairValueGrossUnrealizedLossesAvailable-for-saleSeptember 30, 2025U.S. Government agencies$2,301 $(23)$44,694 $(676)$46,995 $(699)Mortgage-backed securities3,255 (18)1,718,920 (202,132)1,722,175 (202,150)State and political subdivisions5,755 (1,028)811,631 (199,339)817,386 (200,367)Other securities— — 105,160 (6,732)105,160 (6,732)Total AFS$11,311 $(1,069)$2,680,405 $(408,879)$2,691,716 $(409,948)December 31, 2024U.S. Treasury$— $— $996 $(3)$996 $(3)U.S. Government agencies717 (7)51,186 (1,040)51,903 (1,047)Mortgage-backed securities7,480 (189)1,384,532 (152,595)1,392,012 (152,784)State and political subdivisions16,843 (195)829,754 (157,374)846,597 (157,569)Other securities12,912 (20)162,803 (12,232)175,715 (12,252)Total AFS$37,952 $(411)$2,429,271 $(323,244)$2,467,223 $(323,655)

13

As of September 30, 2025, the Company’s investment portfolio included $3.32 billion of AFS securities, of which $2.69 billion, or 81.1%, were in an unrealized loss position that were not deemed to have credit losses. A portion