Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 199

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 199
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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 September 30, 2025, AFS MBS consisted of $608.7 million and $1.64 billion 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.Accrued interest receivable on AFS securities at September 30, 2025 was $23.3 million, and is included in interest receivable on the consolidated balance sheet. The Company has made the election to exclude all accrued interest receivable from securities from the estimate of credit losses.The following table summarizes the Company’s AFS investments in an unrealized loss position for which an allowance for credit loss has not been recorded as of September 30, 2025 and December 31, 2024, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: Less Than 12 Months12 Months or MoreTotal(In thousands)EstimatedFairValueGrossUnrealizedLossesEstimatedFairValueGrossUnrealizedLossesEstimatedFairValueGrossUnrealizedLossesAvailable-for-saleSeptember 30, 2025U.S. Government agencies$2,301 $(23)$44,694 $(676)$46,995 $(699)Mortgage-backed securities3,255 (18)1,718,920 (202,132)1,722,175 (202,150)State and political subdivisions5,755 (1,028)811,631 (199,339)817,386 (200,367)Other securities— — 105,160 (6,732)105,160 (6,732)Total AFS$11,311 $(1,069)$2,680,405 $(408,879)$2,691,716 $(409,948)December 31, 2024U.S. Treasury$— $— $996 $(3)$996 $(3)