Company: SFNC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037719
Chunk: 50

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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See Condensed Notes to Consolidated Financial Statements.4

Simmons First National Corporation

Consolidated Statements of Comprehensive Income (Loss)

Three and Six Months Ended June 30, 2025 and 2024

 Three Months EndedJune 30,Six Months EndedJune 30,(In thousands)2025202420252024 (Unaudited)(Unaudited)NET INCOME$54,773 $40,763 $87,161 $79,634 OTHER COMPREHENSIVE INCOME (LOSS)Unrealized holding (losses) gains arising during the period on available-for-sale securities(9,297)363 (5,019)(25,786)Less: Realized gains (losses) on available-for-sale securities interest rate hedges14,212 2,793 33,399 (12,582)Less: Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity(5,653)(5,862)(11,355)(11,707)Other comprehensive income (loss), before tax effect(17,856)3,432 (27,063)(1,497)Less: Tax effect of other comprehensive income (loss)(4,666)897 (7,073)(391)TOTAL OTHER COMPREHENSIVE INCOME (LOSS)(13,190)2,535 (19,990)(1,106)COMPREHENSIVE INCOME$41,583 $43,298 $67,171 $78,528 

See Condensed Notes to Consolidated Financial Statements.5

Simmons First National Corporation

Consolidated Statements of Cash Flows

Six Months Ended June 30, 2025 and 2024 

(In thousands)June 30, 2025June 30, 2024 (Unaudited)(Unaudited)OPERATING ACTIVITIES  Net income$87,161 $79,634 Adjustments to reconcile net income to net cash provided by (used in) operating activities:Depreciation and amortization20,967 23,211 Provision for credit losses38,742 21,305 Net amortization of investment securities and assets8,207 8,907 Net amortization on borrowings76 76 Stock-based compensation expense8,612 7,537 Gain on sale of closed branches(245)— (Gain)