Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 290

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 290
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 in the table. There are no conditions or events since that notification that management believes have changed the institution’s categories.

The Company’s risk-based capital ratios at September 30, 2025 and December 31, 2024 are presented in Table 13 below:

Table 13: Risk-Based Capital

September 30,December 31,(Dollars in thousands)20252024Tier 1 capital:  Stockholders’ equity$3,353,963 $3,528,872 CECL transition provision— 30,873 Goodwill and other intangible assets(1,376,255)(1,385,128)Unrealized loss on available-for-sale securities, net of income taxes313,483 360,910 Total Tier 1 capital2,291,191 2,535,527 Tier 2 capital:Subordinated notes and debentures648,976 366,293 Subordinated debt phase out(198,000)(132,000)Qualifying allowance for credit losses and reserve for unfunded commitments248,710 222,313 Total Tier 2 capital699,686 456,606 Total risk-based capital$2,990,877 $2,992,133 Risk weighted assets$19,861,879 $20,473,960 Assets for leverage ratio$23,963,356 $26,037,459 Ratios at end of period:Common equity Tier 1 ratio (CET1)11.54 %12.38 %Tier 1 leverage ratio9.56 %9.74 %Tier 1 risk-based capital ratio11.54 %12.38 %Total risk-based capital ratio15.07 %14.61 %Minimum guidelines:Common equity Tier 1 ratio (CET1)4.50 %4.50 %Tier 1 leverage ratio4.00 %4.00 %Tier 1 risk-based capital ratio6.00 %6.00 %Total risk-based capital ratio8.00 %8.00 %

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Regulatory Capital Changes

In December 2018, the Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation (“FDIC”) (collectively, the “agencies”) issued a final rule revising regulatory capital rules in anticipation of the adoption of ASU 2016-13 that provided an option to