Company: SFNC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037719
Chunk: 262

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 262
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4,867 1,325 27.211,059 10,396 663 6.4Postage2,250 2,280 (30)(1.3)4,530 4,211 319 7.6Telephone1,594 1,479 115 7.83,073 3,280 (207)(6.3)Debit and credit card3,191 3,029 162 5.36,220 6,543 (323)(4.9)Marketing6,612 6,826 (214)(3.1)13,438 13,007 431 3.3Software and technology10,485 10,036 449 4.520,521 21,615 (1,094)(5.1)Operating supplies487 627 (140)(22.3)1,114 1,246 (132)(10.6)Amortization of intangibles3,098 3,527 (429)(12.2)6,625 7,702 (1,077)(14.0)Branch right sizing163 994 (831)(83.6)1,157 755 402 53.2Other 8,204 12,386 (4,182)(33.8)20,590 19,110 1,480 7.7Total noninterest expense$138,589 $144,580 $(5,991)(4.1)%$283,169 $279,233 $3,936 1.4%

59

INVESTMENTS AND SECURITIES

Our securities portfolio is the second largest component of earning assets and provides a significant source of revenue. Securities within the portfolio are classified as either held-to-maturity (“HTM”) or AFS. Our philosophy regarding investments is conservative based on investment type and maturity. Investments in the portfolio primarily include U.S. Treasury securities, U.S. Government agencies, MBS and municipal securities. Our general policy is not to invest in derivative type investments or high-risk securities, except for collateralized MBS for which collection of principal and interest is not subordinated to significant superior rights held by others.

HTM and AFS investment securities were $3.59 billion and $2.41 billion, respectively, at June 30, 2025, compared to the HTM amount of $3.64 billion