Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 69

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 69
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 million of the allowance for credit loss related to HTM securities due to the balance sheet repositioning. Income earned on securities for the three and nine months ended September 30, 2025 and 2024, is as follows:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(In thousands)2025202420252024Taxable:  Held-to-maturity$2,370 $10,533 $22,993 $32,378 Available-for-sale26,813 26,940 69,007 86,576 Non-taxable:Held-to-maturity1,945 10,101 22,048 30,298 Available-for-sale6,336 5,646 17,571 17,019 Total$37,464 $53,220 $131,619 $166,271 

15

The amortized cost and estimated fair value by maturity of AFS securities as of September 30, 2025 are shown in the following table. Securities are classified according to their contractual maturities without consideration of principal amortization, potential prepayments or call options. Accordingly, actual maturities may differ from contractual maturities.  Available-for-Sale(In thousands)AmortizedCostFairValueOne year or less$10,889 $10,792 After one through five years104,625 104,255 After five through ten years138,009 130,883 After ten years1,023,532 823,546 Securities not due on a single maturity date2,446,711 2,249,593 Other securities (no maturity)208 208 Total$3,723,974 $3,319,277  The carrying value, which approximates the fair value, of securities pledged as collateral, to secure public deposits and for other purposes, amounted to $2.05 billion at September 30, 2025 and $2.36 billion at December 31, 2024. There were no gross realized gains and $801.5 million gross realized losses from the sale of securities during the three and nine months ended September 30, 2025 related to the balance sheet repositioning during the period. There were no gross realized gains and $28.4 million gross realized losses from the sale of securities during the three and nine months ended September 30, 2024, as the Company