Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 240

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 240
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,338 Furniture and equipment expense16,214 — 16,214 16,374 2 16,376 Deposit insurance15,483 — 15,483 18,388 — 18,388 Other operating expenses (1)127,366 4,602 131,968 128,413 4,375 132,788 Total noninterest expense405,252 19,949 425,201 396,944 19,482 416,426 Income (loss) before provision for credit losses and income taxes(581,882)10,910 (570,972)142,351 8,359 150,710 Provision for credit losses50,708 — 50,708 33,453 — 33,453 Income tax expense (benefit)(146,067)18 (146,049)12,828 55 12,883 Net income (loss)$(486,523)$10,892 $(475,631)$96,070 $8,304 $104,374 (In thousands)Community and Commercial BankingOtherConsolidatedAssets as of:September 30, 2025$24,203,137 $5,025 $24,208,162 September 30, 2024$27,263,125 $6,279 $27,269,404  _________________________(1)    Other operating expenses primarily include professional services, marketing, software and technology, amortization of intangibles and other general operating expenses.

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NOTE 19: CERTAIN TRANSACTIONS

 From time to time, the Company and its subsidiaries have made loans, other extensions of credit, and vendor contracts to directors, officers, their associates and members of their immediate families. Additionally, some directors, officers and their associates and members of their immediate families have placed deposits with the Company’s subsidiary bank, Simmons Bank. Such loans and other extensions of credit, deposits and vendor contracts (which were not material) were made in the ordinary course of business, on substantially the same terms (including interest rates and collateral) as those prevailing at the time for comparable transactions with unrelated persons or through a competitive bid process. Further, in management’s opinion, these extensions of credit did not involve more than normal risk of collectability or present other unfavorable features.

NOTE 20: COMMITMENTS AND CREDIT RISK

 The Company grants ag