SIMMONS FIRST NATIONAL CORP
For the period ended Sep 30, 2025. Filed Nov 6, 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.
Sep 30, 2025 · Filed Nov 6, 2025
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Consolidated Statements of Comprehensive Income (Loss)
Three and Nine Months Ended September 30, 2025 and 2024
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| (In thousands) | 2025 | 2024 | 2025 | 2024 |
| (Unaudited) · (Unaudited) | ||||
| NET INCOME (LOSS) | $(562,792) | $24,740 | $(475,631) | $104,374 |
| OTHER COMPREHENSIVE INCOME (LOSS) | ||||
| Unrealized holding (losses) gains arising during the period on available-for-sale securities | (835,485) | 97,187 | (840,504) | 71,400 |
| Less: Reclassification adjustment for realized losses included in net income | (801,492) | (28,393) | (801,492) | (28,393) |
| Less: Realized gains on derivative instruments | 4,648 | 37,558 | 38,047 | 24,975 |
| Less: Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity (1) | (129,912) | (6,231) | (141,267) | (17,938) |
| Other comprehensive income (loss), before tax effect | 91,271 | 94,253 | 64,208 | 92,756 |
| Less: Tax effect of other comprehensive income (loss) | 23,854 | 24,633 | 16,781 | 24,242 |
| TOTAL OTHER COMPREHENSIVE INCOME (LOSS) | 67,417 | 69,620 | 47,427 | 68,514 |
| COMPREHENSIVE INCOME (LOSS) | $(495,375) | $94,360 | $(428,204) | $172,888 |
(1)During the three and nine months ended September 30, 2025, the Company engaged in a balance sheet repositioning, which included the transfer of all held-to-maturity securities to the available-for-sale portfolio, including those previously transferred to the held-to-maturity portfolio. The securities were transferred at fair value and the previous related remaining combined net unrealized losses in accumulated other comprehensive income (loss) were either recognized as part of the securities transfer and subsequent sale of certain securities or will be amortized into income over the remaining life of the security. See Note 2, Investment Securities, for more information on the securities portfolio.
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