Company: SFNC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023690
Chunk: 77

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 77
---
251 Single family residential— — — Other commercial real estate69,429 — 69,429 Commercial— 31,900 31,900 Total$70,680 $31,900 $102,580 The following table details activity in the allowance for credit losses by portfolio segment for the three months ended March 31, 2025. Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. (In thousands)CommercialRealEstateCreditCardOtherConsumerand OtherTotalAllowance for credit losses:Three Months Ended March 31, 2025Beginning balance, January 1, 2025$41,587 $181,962 $6,007 $5,463 $235,019 Provision for credit loss expense1,572 22,443 1,359 1,423 26,797 Charge-offs(4,243)(4,425)(1,460)(1,133)(11,261)Recoveries997 99 211 306 1,613 Net (charge-offs) recoveries(3,246)(4,326)(1,249)(827)(9,648)Ending balance, March 31, 2025$39,913 $200,079 $6,117 $6,059 $252,168 

25

Activity in the allowance for credit losses for the three months ended March 31, 2024 was as follows:(In thousands)CommercialRealEstateCreditCardOtherConsumerand OtherTotalAllowance for credit losses:Three Months Ended March 31, 2024Beginning balance, January 1, 2024$36,470 $177,177 $5,868 $5,716 $225,231 Provision for credit loss expense2,872 5,359 1,298 677 10,206 Charge-offs(4,593)(2,857)(1,646)(732)(9,828)Recoveries442 735 248 333 1,758 Net (charge-offs) recoveries(4,151)(2,122)(1,398)(399)(8,070)Ending balance, March 31, 2024$35,191 $180,414 $5,768 $5,994 $227,367 As of March 31