Company: SFNC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037719
Chunk: 228

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 228
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fers of loans to foreclosed assets held for sale4,491 770 

NOTE 17: OTHER INCOME AND OTHER OPERATING EXPENSES

 Other income for the three and six months ended June 30, 2025 was $4.8 million and $12.8 million, respectively. Other income for the three and six months ended June 30, 2024 was $6.4 million and $13.6 million, respectively.Other operating expenses consisted of the following:  Three Months EndedJune 30,Six Months EndedJune 30,(In thousands)2025202420252024Professional services$6,192 $6,329 $11,059 $10,396 Postage2,250 2,174 4,530 4,211 Telephone1,594 1,560 3,073 3,280 Credit card expense 3,191 3,215 6,220 6,543 Marketing6,612 6,359 13,438 13,007 Software and technology10,485 10,872 20,521 21,615 Operating supplies487 607 1,114 1,246 Amortization of intangibles3,098 3,852 6,625 7,702 Branch right sizing expense163 519 1,157 755 Other expense8,204 9,865 20,590 19,110 Total other operating expenses$42,276 $45,352 $88,327 $87,865 

NOTE 18: OPERATING SEGMENTS

Operating segments are components of an enterprise about which separate financial information is available that is regularly evaluated by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance. The Company is organized with community and commercial banking groups. Each of these groups provide one or more similar banking services, including such products and services as loans; time deposits, checking and savings accounts; treasury management; and credit cards. Loan products include consumer, real estate, commercial, agricultural, equipment, warehouse lending and SBA lending. The individual banking groups have similar operating and economic characteristics. While the CODM monitors the revenue streams of the various products, services, branch locations, divisions and groups, operations are managed, financial performance is evaluated, and management makes decisions on how to allocate resources, on a Company-wide basis. Accordingly, the respective groups