Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 53

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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ARNINGS PER SHARE$(4.01)$0.20 $(3.64)$0.83 DILUTED EARNINGS PER SHARE$(4.00)$0.20 $(3.63)$0.83 

See Condensed Notes to Consolidated Financial Statements.4

Simmons First National Corporation

Consolidated Statements of Comprehensive Income (Loss)

Three and Nine Months Ended September 30, 2025 and 2024

 Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(In thousands)2025202420252024 (Unaudited)(Unaudited)NET INCOME (LOSS)$(562,792)$24,740 $(475,631)$104,374 OTHER COMPREHENSIVE INCOME (LOSS)Unrealized holding (losses) gains arising during the period on available-for-sale securities(835,485)97,187 (840,504)71,400 Less: Reclassification adjustment for realized losses included in net income(801,492)(28,393)(801,492)(28,393)Less: Realized gains on derivative instruments4,648 37,558 38,047 24,975 Less: Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity (1)(129,912)(6,231)(141,267)(17,938)Other comprehensive income (loss), before tax effect91,271 94,253 64,208 92,756 Less: Tax effect of other comprehensive income (loss)23,854 24,633 16,781 24,242 TOTAL OTHER COMPREHENSIVE INCOME (LOSS)67,417 69,620 47,427 68,514 COMPREHENSIVE INCOME (LOSS)$(495,375)$94,360 $(428,204)$172,888 

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(1)During the three and nine months ended September 30, 2025, the Company engaged in a balance sheet repositioning, which included the transfer of all held-to-maturity securities to the available-for-sale portfolio, including those previously transferred to the held-to-maturity portfolio. The securities were transferred at fair value and the previous related remaining combined net unrealized losses in accumulated other comprehensive income (loss) were either recognized as part of the securities transfer and subsequent sale of certain securities or will be amortized into income