Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 95

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 95
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 collateral under repurchase agreements are maintained with the Company’s safekeeping agents. The gross amount of recognized liabilities for repurchase agreements was $21.9 million and $36.7 million at September 30, 2025 and December 31, 2024, respectively. The remaining contractual maturity of the securities sold under agreements to repurchase in the consolidated balance sheets as of September 30, 2025 and December 31, 2024 is presented in the following tables.  Remaining Contractual Maturity of the Agreements(In thousands)Overnight andContinuousUp to 30 Days30-90 DaysGreater than90 DaysTotalSeptember 30, 2025     Repurchase agreements:U.S. Government agencies$21,948 $— $— $— $21,948 December 31, 2024Repurchase agreements:U.S. Government agencies$36,709 $— $— $— $36,709 

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NOTE 10: OTHER BORROWINGS AND SUBORDINATED NOTES AND DEBENTURES

 Debt at September 30, 2025 and December 31, 2024 consisted of the following components: September 30,December 31,(In thousands)20252024Other Borrowings  FHLB advances, net of discount, due 2028 to 2033, 4.56% to 5.53% secured by real estate loans$2,728 $727,945 Other long-term debt16,104 17,427 Total other borrowings18,832 745,372 Subordinated Notes and DebenturesSubordinated notes payable, due 4/1/2028, fixed-to-floating rate (fixed rate of 5.00% through 3/31/2023, floating rate of 2.15% above the three-month SOFR rate, reset quarterly)330,000 330,000 Subordinated notes payable, due 10/1/2035, fixed-to-floating rate (fixed rate of 6.25% through 9/30/2030, floating rate of 3.02% above the three-month SOFR rate, reset quarterly)325,000 — Subordinated notes payable, net of premium adjustments, due 7/31/2030, fixed-to-floating rate (fixed rate of 6.00% through 7/30/2025,