SIMMONS FIRST NATIONAL CORP
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
SFNC$23.80+2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
September 30, 2024 and December 31, 2023
| September 30, | December 31, | |
|---|---|---|
| (In thousands, except share data) | 2024 | 2023 |
| (Unaudited) | ||
| ASSETS | ||
| Cash and noninterest bearing balances due from banks | $398,321 | $345,258 |
| Interest bearing balances due from banks and federal funds sold | 205,081 | 268,834 |
| Cash and cash equivalents | 603,402 | 614,092 |
| Interest bearing balances due from banks - time | 100 | 100 |
| Investment securities: | ||
| Held-to-maturity, net of allowance for credit losses of $3,214 at September 30, 2024 and December 31, 2023 | 3,658,700 | 3,726,288 |
| Available-for-sale, (amortized cost of $2,976,811 and $3,509,709 at September 30, 2024 and December 31, 2023, respectively) | 2,691,094 | 3,152,153 |
| Total investments | 6,349,794 | 6,878,441 |
| Mortgage loans held for sale | 8,270 | 9,373 |
| Loans | 17,336,040 | 16,845,670 |
| Allowance for credit losses on loans | (233,223) | (225,231) |
| Net loans | 17,102,817 | 16,620,439 |
| Premises and equipment | 584,366 | 570,678 |
| Foreclosed assets and other real estate owned | 1,299 | 4,073 |
| Interest receivable | 125,700 | 122,430 |
| Bank owned life insurance | 508,781 | 500,559 |
| Goodwill | 1,320,799 | 1,320,799 |
| Other intangible assets | 101,093 | 112,645 |
| Other assets | 562,983 | 592,045 |
| Total assets | $27,269,404 | $27,345,674 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Deposits: | ||
| Noninterest bearing transaction accounts | $4,521,715 | $4,800,880 |
| Interest bearing transaction accounts and savings deposits | 10,863,945 | 10,997,425 |
| Time deposits | 6,549,774 | 6,446,673 |
| Total deposits | 21,935,434 | 22,244,978 |
| Federal funds purchased and securities sold under agreements to repurchase | 51,071 | 67,969 |
| Other borrowings | 1,045,878 | 972,366 |
| Subordinated notes and debentures | 366,255 | 366,141 |
| Accrued interest and other liabilities | 341,933 | 267,732 |
| Total liabilities | 23,740,571 | 23,919,186 |
| Stockholders’ equity: | ||
| Common stock, Class A, $0.01 par value; 350,000,000 shares authorized at September 30, 2024 and December 31, 2023; 125,554,598 and 125,184,119 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 1,256 | 1,252 |
| Surplus | 2,508,438 | 2,499,930 |
| Undivided profits | 1,355,000 | 1,329,681 |
| Accumulated other comprehensive loss | (335,861) | (404,375) |
| Total stockholders’ equity | 3,528,833 | 3,426,488 |
| Total liabilities and stockholders’ equity | $27,269,404 | $27,345,674 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.