Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 65

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 65
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 by U.S. government agencies or corporations. As of December 31, 2024, HTM MBS consisted of $136.0 million and $934.1 million of commercial MBS and residential MBS, respectively.

12

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-saleSeptember 30, 2025U.S. Government agencies$49,052 $— $2 $(699)$48,355 Mortgage-backed securities2,446,711 — 5,032 (202,150)2,249,593 State and political subdivisions1,045,691 — 47 (200,367)845,371 Other securities182,520 — 170 (6,732)175,958 Total AFS$3,723,974 $— $5,251 $(409,948)$3,319,277 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 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