Company: SFNC
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001628280-25-008639
Chunk: 131

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 131
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See Table 23 below for the reconciliation of uninsured, non-collateralized deposits and the calculation of uninsured, non-collateralized deposit coverage ratio.

Table 23: Reconciliation of Uninsured, Non-Collateralized Deposits and the Calculation of Uninsured, Non-Collateralized Deposit Coverage Ratio (non-GAAP)

(In thousands)202420232022Uninsured deposits at Simmons Bank$8,467,291 $8,328,444 $8,913,990 Less: Collateralized deposits (excluding portion that is FDIC insured)2,790,339 2,846,716 2,759,248 Less: Intercompany eliminations1,045,734 728,480 529,042 Total uninsured, non-collateralized deposits$4,631,218 $4,753,248 $5,625,700 FHLB borrowing availability$4,716,000 $5,401,000 $5,442,000 Unpledged securities4,103,000 3,817,000 3,180,000 Fed funds lines, Fed discount window and Bank Term Funding Program (1)2,081,000 1,998,000 1,982,000 Additional liquidity sources$10,900,000 $11,216,000 $10,604,000 Uninsured, non-collateralized deposit coverage ratio2.4x2.4x1.9x

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(1)The Bank Term Funding Program closed for new loans on March 11, 2024. At no time did the Company borrow funds under this program.