Company: SFNC
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023690
Chunk: 55

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 55
---
,070,032 — 1,070,032 212 (133,746)936,498 State and political subdivisions1,857,373 (196)1,857,177 20 (436,061)1,421,136 Other securities256,576 (3,018)253,558 — (21,149)232,409 Total HTM$3,639,850 $(3,214)$3,636,636 $232 $(686,917)$2,949,951 Mortgage-backed securities (“MBS”) are commercial MBS, secured by commercial properties, and residential MBS, generally secured by single-family residential properties. All mortgage-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)