Company: SFNC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037719
Chunk: 12

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 2
Chunk 12
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 2.68 

56

Table 4 shows changes in interest income and interest expense resulting from changes in both volume and interest rates for the three months ended June 30, 2025 as compared to the three months ended March 31, 2025 and the six months ended June 30, 2025 and 2024, respectively. The changes in interest rate and volume have been allocated to changes in average volume and changes in average rates in proportion to the relationship of absolute dollar amounts of the changes in rates and volume.

Table 4: Volume/Rate Analysis 

Three Months EndedSix Months EndedJune 30, 2025 compared to                       March 31, 2025June 30, 2025 compared to                    June 30, 2024(In thousands, on a fully taxable equivalent basis)VolumeYield/RateTotalVolumeYield/RateTotalIncrease (decrease) in:   Interest income:   Interest bearing balances due from banks and federal funds sold$(242)$70 $(172)$462 $(1,202)$(740)Investment securities - taxable(508)157 (351)(10,980)(7,684)(18,664)Investment securities - non-taxable(361)354 (7)(495)192 (303)Mortgage loans held for sale82 17 99 31 (30)1 Loans - including fees1,948 5,677 7,625 (545)(8,845)(9,390)Total919 6,275 7,194 (11,527)(17,569)(29,096)Interest expense:Interest bearing transaction and savings accounts259 954 1,213 2,059 (22,835)(20,776)Time deposits(3,382)(1,946)(5,328)(9,986)(17,411)(27,397)Federal funds purchased and securities sold under agreements to repurchase(19)(35)(54)(91)(82)(173)Other borrowings2,809 90 2,899 (3,890)(4,457)(8,347)Subordinated notes and debentures1 53 54 6 (1,682)(1,676)Total(332)(884)(1,216)(11,902)(46,467)(58,369)Increase in net interest income$1,251 $7,159