Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 225

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 225
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 31,(In thousands)20252024Core deposit premiums:Balance, beginning of year$87,575 $101,344 Amortization(8,497)(13,769)Balance, end of period79,078 87,575 Books of business and other intangibles:Balance, beginning of year9,667 11,301 Amortization(1,225)(1,634)Balance, end of period8,442 9,667 Total other intangible assets, net$87,520 $97,242 

30

The carrying basis and accumulated amortization of the Company’s other intangible assets at September 30, 2025 and December 31, 2024 were as follows: September 30,December 31,(In thousands)20252024Core deposit premiums:Gross carrying amount$173,305 $177,624 Accumulated amortization(94,227)(90,049)Core deposit premiums, net79,078 87,575 Books of business and other intangibles:Gross carrying amount22,068 22,068 Accumulated amortization(13,626)(12,401)Books of business and other intangibles, net8,442 9,667 Total other intangible assets, net$87,520 $97,242 The Company’s estimated remaining amortization expense on other intangible assets as of September 30, 2025 is as follows: (In thousands)YearAmortizationExpense Remainder of 2025$3,097  202612,346  202712,218  202811,312  20298,563  Thereafter39,984  Total$87,520 

NOTE 7: TIME DEPOSITS

 Time deposits included approximately $1.22 billion and $1.55 billion of certificates of deposit over $250,000 at September 30, 2025 and December 31, 2024, respectively. Brokered time deposits were $1.84 billion and $3.30 billion at September 30, 2025 and December 31, 2024, respectively.

NOTE 8: INCOME TAXES

 The provision for income taxes is comprised of the following components for the periods indicated below: Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(In thousands)2025202420252024Income