Company: SFNC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023690
Chunk: 44

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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,863 745,372 Subordinated notes and debentures366,331 366,293 Accrued interest and other liabilities275,559 312,653 Total liabilities23,261,506 23,347,177 Stockholders’ equity:Common stock, Class A, $0.01 par value; 350,000,000 shares authorized at March 31, 2025 and December 31, 2024; 125,926,822 and 125,651,540 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively1,259 1,257 Surplus2,515,372 2,511,590 Undivided profits1,382,564 1,376,935 Accumulated other comprehensive loss(367,710)(360,910)Total stockholders’ equity3,531,485 3,528,872 Total liabilities and stockholders’ equity$26,792,991 $26,876,049 

See Condensed Notes to Consolidated Financial Statements.3

Simmons First National Corporation

Consolidated Statements of Income

Three Months Ended March 31, 2025 and 2024 

 Three Months EndedMarch 31,(In thousands, except per share data)20252024 (Unaudited)INTEREST INCOMELoans, including fees$257,755 $261,490 Interest bearing balances due from banks and federal funds sold2,703 3,010 Investment securities47,257 58,001 Mortgage loans held for sale122 148 TOTAL INTEREST INCOME307,837 322,649 INTEREST EXPENSEDeposits130,454 151,933 Federal funds purchased and securities sold under agreements to repurchase113 189 Other borrowings7,714 11,649 Subordinated notes and debentures6,134 6,972 TOTAL INTEREST EXPENSE144,415 170,743 NET INTEREST INCOME163,422 151,906 Provision for credit losses26,797 10,206 NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES136,625 141,700 NONINTEREST INCOMEService charges on deposit accounts12,635 11,955 Debit and credit card fees8,446 8,246 Wealth management fees9