Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 14

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 14
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(2,050)(21,465)(5,489)(26,954)Investment securities - non-taxable(11,768)1,768 (10,000)(12,110)1,699 (10,411)Mortgage loans held for sale12 (4)8 54 (33)21 Assets held in trading accounts99 — 99 99 — 99 Loans - including fees(1,106)4,948 3,842 (4,242)(13,822)(18,064)Total(16,041)11,830 (4,211)(32,868)(19,681)(52,549)Interest expense:Interest bearing transaction and savings accounts(1,084)(478)(1,562)3,595 (35,132)(31,537)Time deposits(6,784)(1,383)(8,167)(23,318)(28,952)(52,270)Federal funds purchased and securities sold under agreements to repurchase(20)33 13 (166)(73)(239)Other borrowings(7,634)(22)(7,656)(15,441)(7,016)(22,457)Subordinated notes and debentures720 215 935 792 (2,473)(1,681)Total(14,802)(1,635)(16,437)(34,538)(73,646)(108,184)Increase (decrease) in net interest income$(1,239)$13,465 $12,226 $1,670 $53,965 $55,635 

PROVISION FOR CREDIT LOSSES

The provision for credit losses represents management’s determination of the amount necessary to be charged against the current period’s earnings in order to maintain the allowance for credit losses at a level considered appropriate in relation to the estimated lifetime risk inherent in the loan portfolio. The level of provision to the allowance is based on management’s judgment, with consideration given to the composition, maturity and other qualitative characteristics of the portfolio, assessment of current economic conditions, reasonable and supportable forecasts, past due and nonperforming loans and historical net credit loss experience. It is management’s practice to review the allowance on a monthly basis and, after considering the factors previously noted, to determine the level of provision made to the allowance.

The provision for credit losses for the three months ended September 30, 2025 was $