Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 104

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 104
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NOTE 17: OTHER INCOME AND OTHER OPERATING EXPENSES

 Other income for the three and nine months ended September 30, 2025 was $6.1 million and $19.0 million, respectively. Other income for the three and nine months ended September 30, 2024 was $8.3 million and $21.9 million, respectively.Other operating expenses consisted of the following:  Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(In thousands)2025202420252024Professional services$4,809 $5,554 $15,868 $15,950 Postage2,332 2,296 6,862 6,507 Telephone1,522 1,580 4,595 4,860 Credit card expense 3,217 3,201 9,437 9,744 Marketing6,886 7,059 20,324 20,066 Software and technology10,186 10,970 30,707 32,585 Operating supplies772 562 1,886 1,808 Amortization of intangibles3,097 3,851 9,722 11,553 Branch right sizing expense2,004 410 3,161 1,165 Other expense8,202 9,057 28,792 28,167 Total other operating expenses$43,027 $44,540 $131,354 $132,405 

NOTE 18: OPERATING SEGMENTS

Operating segments are components of an enterprise about which separate financial information is available that is regularly evaluated by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance. The Company is organized with community and commercial banking groups. Each of these groups provide one or more similar banking services, including such products and services as loans; time deposits, checking and savings accounts; treasury management; and credit cards. Loan products include consumer, real estate, commercial, agricultural, equipment, warehouse lending and SBA lending. The individual banking groups have similar operating and economic characteristics. While the CODM monitors the revenue streams of the various products, services, branch locations, divisions and groups, operations are managed, financial performance is evaluated, and management makes decisions on how to allocate resources, on a Company-wide basis. Accordingly, the respective groups are considered by management to be aggregated into