Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 54

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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 over the remaining life of the security. See Note 2, Investment Securities, for more information on the securities portfolio. 

See Condensed Notes to Consolidated Financial Statements.5

Simmons First National Corporation

Consolidated Statements of Cash Flows

Nine Months Ended September 30, 2025 and 2024 

(In thousands)September 30, 2025September 30, 2024 (Unaudited)(Unaudited)OPERATING ACTIVITIES  Net income (loss)$(475,631)$104,374 Adjustments to reconcile net income to net cash provided by (used in) operating activities:Depreciation and amortization30,952 34,863 Provision for credit losses50,708 33,453 Loss on sale of investments801,492 28,393 Net amortization of investment securities and assets10,297 13,104 Net amortization on borrowings158 114 Stock-based compensation expense12,538 8,867 Gain on sale of closed branches(152)— Gain on sale of foreclosed assets and other real estate owned(506)(911)Gain on sale of mortgage loans held for sale(5,998)(6,503)Loss on sale of loans22 234 Loss on early extinguishment of debt565 — Deferred income taxes(166,587)(3,254)Income from bank owned life insurance(11,949)(11,798)Originations of mortgage loans held for sale(203,824)(211,421)Proceeds from sale of mortgage loans held for sale205,732 219,027 Changes in assets and liabilities:Interest receivable18,860 (3,270)Assets held in trading accounts(12,695)— Other assets60,904 65,650 Accrued interest and other liabilities32,343 74,820 Income taxes payable(13,390)(2,683)Net cash provided by operating activities333,839 343,059 INVESTING ACTIVITIESNet change in loans(315,554)(519,391)Proceeds from sale of loans97,863 6,099 Proceeds from sale of closed branches16,595 — Purchases of premises and equipment, net(28,155)(34,935)Proceeds from sale of foreclosed assets and other real estate owned10,316 5,100 Proceeds from sale of available-for-sale securities2,