Company: SFNC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037719
Chunk: 51

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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 loss on sale of foreclosed assets and other real estate owned(214)186 Gain on sale of mortgage loans held for sale(3,856)(4,191)Loss on sale of loans22 234 Deferred income taxes(2,745)(1,238)Income from bank owned life insurance(7,989)(8,041)Originations of mortgage loans held for sale(133,193)(137,839)Proceeds from sale of mortgage loans held for sale131,494 138,350 Changes in assets and liabilities:Interest receivable2,800 (4,195)Other assets(18,601)(13,082)Accrued interest and other liabilities(10,072)41,335 Income taxes payable(10,727)(8,535)Net cash provided by operating activities110,439 143,654 INVESTING ACTIVITIESNet change in loans(146,363)(361,615)Proceeds from sale of loans18,814 389 Proceeds from sale of closed branches15,202 — Purchases of premises and equipment, net(21,486)(23,236)Proceeds from sale of foreclosed assets and other real estate owned5,181 2,448 Proceeds from maturities of available-for-sale securities218,417 257,204 Purchases of available-for-sale securities(55,553)— Proceeds from maturities of held-to-maturity securities41,152 36,851 Purchases of bank owned life insurance(15,697)— Surrender of bank owned life insurance19,403 2,201 Proceeds from bank owned life insurance death benefits607 1,376 Net cash provided by (used in) investing activities79,677 (84,382)FINANCING ACTIVITIESNet change in deposits(60,760)(404,095)Proceeds from issuance of other borrowed funds1,480,000 1,800,000 Repayments of other borrowed funds(1,591,023)(1,425,988)Dividends paid on common stock(53,532)(52,689)Net change in federal funds purchased and securities sold under agreements to repurchase(5,803)(15,264)Net shares cancelled under stock compensation plans(2,749)(1,965)Shares issued under employee stock purchase plan836 970 Net cash used in financing activities(233,031)(99