Company: SFNC
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008639
Chunk: 116

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 116
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————1,070,0321,070,0321,115,755 936,498 State and political subdivisions1,9064,82283,4681,767,177—1,857,3731,865,782 1,421,136 Other securities—49,966204,0972,513—256,576265,778 232,409 Total$1,906$58,191$393,485$2,116,236 $1,070,032$3,639,850$3,727,561 $2,949,951 Percentage of total0.1 %1.6 %10.8 %58.1 %29.4 %100.0 %Weighted average yield4.0 %2.3 %2.3 %2.6 %2.2 %2.5 %Available-for-SaleU.S. Treasury$999$—$—$—$—$999$1,000 $996 U.S. Government agencies15626,6425,46023,331—55,58954,587 54,547 Mortgage-backed securities————1,545,5391,545,5391,516,429 1,392,759 State and political subdivisions3,01514,52120,179977,904—1,015,6191,078,708 858,182 Other securities—65,776169,026—226235,028234,978 222,942 Total$4,170$106,939$194,665$1,001,235 $1,545,765 $2,852,774 $2,885,702 $2,529,426 Percentage of total0.2 %3.7 %6.8 %35.1 %54.2 %100.0 %Weighted average yield3.1 %5.1 %4.1 %2.9 %2.6 %2.9 %

Deposits

Deposits are our primary source of funding for earning assets and are primarily developed through our network of 222 financial centers as of December 31, 2024. We offer a variety of products designed to attract and retain customers with a continuing focus on developing core deposits. Our core deposits consist of all