Company: SFNC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037719
Chunk: 47

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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Item 1.    Financial Statements (Unaudited)

Simmons First National Corporation

Consolidated Balance Sheets

June 30, 2025 and December 31, 2024

June 30,December 31,(In thousands, except share data)20252024 (Unaudited) ASSETS  Cash and noninterest bearing balances due from banks$398,081 $429,705 Interest bearing balances due from banks and federal funds sold246,381 257,672 Cash and cash equivalents644,462 687,377 Interest bearing balances due from banks - time100 100 Investment securities:Held-to-maturity, net of allowance for credit losses of $3,214 at June 30, 2025 and December 31, 20243,591,531 3,636,636 Available-for-sale, (amortized cost of $2,764,636 and $2,852,774 at June 30, 2025 and December 31, 2024, respectively)2,405,320 2,529,426 Total investments5,996,851 6,166,062 Mortgage loans held for sale16,972 11,417 Loans17,111,096 17,005,937 Allowance for credit losses on loans(253,537)(235,019)Net loans16,857,559 16,770,918 Premises and equipment573,160 585,431 Foreclosed assets and other real estate owned8,794 9,270 Interest receivable120,443 123,243 Bank owned life insurance535,481 531,805 Goodwill1,320,799 1,320,799 Other intangible assets90,617 97,242 Other assets528,382 572,385 Total assets$26,693,620 $26,876,049 LIABILITIES AND STOCKHOLDERS’ EQUITYDeposits:Noninterest bearing transaction accounts$4,468,237 $4,460,517 Interest bearing transaction accounts and savings deposits11,176,791 10,982,022 Time deposits6,179,962 6,443,211 Total deposits21,824,990 21,885,750 Federal funds purchased and securities sold under agreements to repurchase31,306 37,109 Other borrowings634