Company: SFNC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023690
Chunk: 175

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 175
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-backed securities included in the table above were issued by U.S. government agencies or corporations. As of March 31, 2025, HTM MBS consisted of $134.2 million and $914.0 million of commercial MBS and residential MBS, respectively. As of December 31, 2024, HTM MBS consisted of $136.0 million and $934.1 million of commercial MBS and residential MBS, respectively.

11

The amortized cost, fair value and allowance for credit losses of investment securities that are classified as AFS are as follows:(In thousands)AmortizedCostAllowance for Credit LossesGross UnrealizedGainsGross Unrealized(Losses)Estimated FairValueAvailable-for-saleMarch 31, 2025U.S. Treasury$700 $— $— $(1)$699 U.S. Government agencies53,173 — 3 (858)52,318 Mortgage-backed securities1,508,611 — 72 (127,770)1,380,913 State and political subdivisions1,031,456 — 21 (198,579)832,898 Other securities235,000 — 210 (10,189)225,021 Total AFS$2,828,940 $— $306 $(337,397)$2,491,849 December 31, 2024U.S. Treasury$999 $— $— $(3)$996 U.S. Government agencies55,589 — 5 (1,047)54,547 Mortgage-backed securities1,545,539 — 4 (152,784)1,392,759 State and political subdivisions1,015,619 — 132 (157,569)858,182 Other securities235,028 — 166 (12,252)222,942 Total AFS$2,852,774 $— $307 $(323,655)$2,529,426 As of March 31, 2025, AFS MBS consisted of $515.9 million and $865.0 million of commercial MBS and residential MBS, respectively. As of December 31, 2024, AFS MBS consisted of $517.2 million and $875.5 million of commercial MBS and residential MBS, respectively.Acc