Company: SFNC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037719
Chunk: 192

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 192
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 for these securities.Regarding securities issued by state and political subdivisions and other HTM securities, the adequacy of the reserve for credit loss is determined quarterly based on methodology similar to the methodology for determining the allowance for credit losses on loans. The methodology considers, but is not limited to: (i) issuer bond ratings, (ii) issuer geography, (iii) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities, (iv) probability-weighted multiple scenario forecasts, and (v) the issuers’ size.

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The following table details activity in the allowance for credit losses by investment security type for the three and six months ended June 30, 2025 on the Company’s HTM securities portfolio.(In thousands)State and Political SubdivisionsOtherSecuritiesTotalThree Months Ended June 30, 2025Held-to-maturityBeginning balance, April 1, 2025$171 $3,043 $3,214 Provision for credit loss expense— — — Net increase (decrease) in allowance on previously impaired securities31 (31)— Ending balance, June 30, 2025$202 $3,012 $3,214 Six Months Ended June 30, 2025Held-to-maturityBeginning balance, January 1, 2025$196 $3,018 $3,214 Provision for credit loss expense— — — Net increase (decrease) in allowance on previously impaired securities6 (6)— Ending balance, June 30, 2025$202 $3,012 $3,214 Activity in the allowance for credit losses by investment security type for the three and six months ended June 30, 2024 on the Company’s HTM securities portfolio was as follows:(In thousands)State and Political SubdivisionsOtherSecuritiesTotalThree Months Ended June 30, 2024Held-to-maturityBeginning balance, April 1, 2024$2,252 $962 $3,214 Provision for credit loss expense— — — Net (decrease) increase in allowance on previously impaired securities(2,061)2,061 — Ending balance, June 30, 2024$191 $3,023 $3,214 Six Months Ended June 30, 2024Held-to-maturityBeginning balance, January