SIMMONS FIRST NATIONAL CORP
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
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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.
Jun 30, 2025 · Filed Aug 5, 2025
SFNC$23.68-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
Three and Six Months Ended June 30, 2025 and 2024
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| (In thousands, except per share data) | 2025 | 2024 | 2025 | 2024 |
| (Unaudited) · (Unaudited) | ||||
| INTEREST INCOME | ||||
| Loans, including fees | $265,373 | $270,937 | $523,128 | $532,427 |
| Interest bearing balances due from banks and federal funds sold | 2,531 | 2,964 | 5,234 | 5,974 |
| Investment securities | 46,898 | 55,050 | 94,155 | 113,051 |
| Mortgage loans held for sale | 221 | 194 | 343 | 342 |
| TOTAL INTEREST INCOME | 315,023 | 329,145 | 622,860 | 651,794 |
| INTEREST EXPENSE | ||||
| Deposits | 126,339 | 153,033 | 256,793 | 304,966 |
| Federal funds purchased and securities sold under agreements to repurchase | 59 | 156 | 172 | 345 |
| Other borrowings | 10,613 | 15,025 | 18,327 | 26,674 |
| Subordinated notes and debentures | 6,188 | 7,026 | 12,322 | 13,998 |
| TOTAL INTEREST EXPENSE | 143,199 | 175,240 | 287,614 | 345,983 |
| NET INTEREST INCOME | 171,824 | 153,905 | 335,246 | 305,811 |
| Provision for credit losses | 11,945 | 11,099 | 38,742 | 21,305 |
| NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES | 159,879 | 142,806 | 296,504 | 284,506 |
| NONINTEREST INCOME | ||||
| Service charges on deposit accounts | 12,588 | 12,252 | 25,223 | 24,207 |
| Debit and credit card fees | 8,567 | 8,162 | 17,013 | 16,408 |
| Wealth management fees | 9,464 | 9,187 | 19,093 | 17,585 |
| Mortgage lending income | 1,687 | 1,973 | 3,700 | 4,293 |
| Bank owned life insurance income | 3,890 | 3,876 | 7,982 | 7,690 |
| Other service charges and fees | 1,321 | 1,439 | 2,654 | 2,718 |
| Other income | 4,837 | 6,410 | 12,844 | 13,582 |
| TOTAL NONINTEREST INCOME | 42,354 | 43,299 | 88,509 | 86,483 |
| NONINTEREST EXPENSE | ||||
| Salaries and employee benefits | 73,862 | 70,716 | 148,686 | 143,369 |
| Occupancy expense, net | 11,844 | 11,864 | 24,495 | 24,122 |
| Furniture and equipment expense | 5,474 | 5,623 | 10,939 | 10,764 |
| Other real estate and foreclosure expense | 216 | 117 | 414 | 296 |
| Deposit insurance | 4,917 | 5,682 | 10,308 | 12,817 |
| Other operating expenses | 42,276 | 45,352 | 88,327 | 87,865 |
| TOTAL NONINTEREST EXPENSE | 138,589 | 139,354 | 283,169 | 279,233 |
| INCOME BEFORE INCOME TAXES | 63,644 | 46,751 | 101,844 | 91,756 |
| Provision for income taxes | 8,871 | 5,988 | 14,683 | 12,122 |
| NET INCOME | $54,773 | $40,763 | $87,161 | $79,634 |
| BASIC EARNINGS PER SHARE | $0.43 | $0.32 | $0.69 | $0.64 |
| DILUTED EARNINGS PER SHARE | $0.43 | $0.32 | $0.69 | $0.63 |
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