SIMMONS FIRST NATIONAL CORP
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
SFNC$23.68-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets, December 31, 2024 and 2023
Consolidated Balance Sheets
December 31, 2024 and 2023
| (In thousands, except share data) | 2024 | 2023 |
|---|---|---|
| ASSETS | ||
| Cash and noninterest bearing balances due from banks | $429,705 | $345,258 |
| Interest bearing balances due from banks and federal funds sold | 257,672 | 268,834 |
| Cash and cash equivalents | 687,377 | 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 December 31, 2024 and 2023 | 3,636,636 | 3,726,288 |
| Available-for-sale, at estimated fair value (amortized cost of $2,852,774 and $3,509,709 at December 31, 2024 and 2023, respectively) | 2,529,426 | 3,152,153 |
| Total investments | 6,166,062 | 6,878,441 |
| Mortgage loans held for sale | 11,417 | 9,373 |
| Loans | 17,005,937 | 16,845,670 |
| Allowance for credit losses on loans | (235,019) | (225,231) |
| Net loans | 16,770,918 | 16,620,439 |
| Premises and equipment | 585,431 | 570,678 |
| Foreclosed assets and other real estate owned | 9,270 | 4,073 |
| Interest receivable | 123,243 | 122,430 |
| Bank owned life insurance | 531,805 | 500,559 |
| Goodwill | 1,320,799 | 1,320,799 |
| Other intangible assets | 97,242 | 112,645 |
| Other assets | 572,385 | 592,045 |
| Total assets | $26,876,049 | $27,345,674 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Deposits: | ||
| Noninterest bearing transaction accounts | $4,460,517 | $4,800,880 |
| Interest bearing transaction accounts and savings deposits | 10,982,022 | 10,997,425 |
| Time deposits | 6,443,211 | 6,446,673 |
| Total deposits | 21,885,750 | 22,244,978 |
| Federal funds purchased and securities sold under agreements to repurchase | 37,109 | 67,969 |
| Other borrowings | 745,372 | 972,366 |
| Subordinated notes and debentures | 366,293 | 366,141 |
| Accrued interest and other liabilities | 312,653 | 267,732 |
| Total liabilities | 23,347,177 | 23,919,186 |
| Stockholders’ equity: | ||
| Common stock, Class A, $0.01 par value; 350,000,000 shares authorized at December 31, 2024 and 2023; 125,651,540 and 125,184,119 shares issued and outstanding at December 31, 2024 and 2023, respectively | 1,257 | 1,252 |
| Surplus | 2,511,590 | 2,499,930 |
| Undivided profits | 1,376,935 | 1,329,681 |
| Accumulated other comprehensive loss | (360,910) | (404,375) |
| Total stockholders’ equity | 3,528,872 | 3,426,488 |
| Total liabilities and stockholders’ equity | $26,876,049 | $27,345,674 |
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