ADDED
Further, there can be no guarantee that the Board of Directors of the Company will approve a quarterly dividend in future quarters, and the timing, payment, and amount of future dividends (if any) is subject to, among other things, the discretion of the Company s Board of Directors and may differ significantly from past dividends.
The Company is headquartered in Pine Bluff, Arkansas, and had total consolidated assets of $24.54 billion, total consolidated loans of $17.49 billion, total consolidated deposits of $20.18 billion and equity capital of $3.42 billion, each as of December 31, 2025.
Since 1990, we have completed 21 whole bank acquisitions, one trust company acquisition, five bank branch acquisitions, one bankruptcy (363) acquisition, four Federal Deposit Insurance Corporation ( FDIC ) failed bank acquisitions and four Resolution Trust Corporation failed thrift acquisitions.
As of December 31, 2025, the Company and its subsidiaries had approximately 2,917 full time equivalent associates.
We also must file annual, quarterly and other periodic reports with, and comply with other regulations of, the SEC, as well as the rules of the Nasdaq Global Select Market.
13 Real Estate Lending Standards and Guidance The federal regulatory agencies have adopted regulations setting forth standards for extensions of credit that are secured by real estate.
Under these regulations, the Bank must adopt and maintain written policies establishing appropriate limits and standards for extensions of credit that are secured by real estate.
These policies must establish loan portfolio diversification standards, prudent underwriting standards (including loan-to-value limits) that are clear and measurable, loan administration procedures and documentation, approval and reporting requirements.
The federal regulatory agencies have also jointly issued guidance on Concentrations in Commercial Real Estate Lending, which defines commercial real estate ( CRE ) loans as exposures secured by raw land, land development and construction (including 1-4 family residential construction), multi-family property, and non-farm nonresidential property where the primary or a significant source of repayment is derived from rental income or the proceeds of the sale, refinancing, or permanent financing of the property.
The guidance requires that appropriate processes be in place to identify, monitor and control risks associated with real estate lending concentrations.
REMOVED
The Company is headquartered in Pine Bluff, Arkansas, and had total consolidated assets of $26.88 billion, total consolidated loans of $17.01 billion, total consolidated deposits of $21.89 billion and equity capital of $3.53 billion, each as of December 31, 2024.
Since 1990, we have completed 21 whole bank acquisitions, one trust company acquisition, five bank branch acquisitions, one bankruptcy (363) acquisition, four FDIC failed bank acquisitions and four Resolution Trust Corporation failed thrift acquisitions.
In April 2019, we completed the acquisition of Reliance Bancshares, Inc.
( Reliance ), headquartered in Des Peres, Missouri (part of the greater St.
Louis metropolitan area), including its wholly-owned bank subsidiary, Reliance Bank.
We acquired approximately $1.5 billion in assets and added 22 branches to the Simmons Bank footprint, substantially enhancing our retail presence within the St.
The systems conversion was completed in April 2019, at which time Reliance Bank was merged into Simmons Bank.
In October 2019, we completed the acquisition of The Landrum Company ( Landrum ), headquartered in Columbia, Missouri, including its wholly-owned bank subsidiary, Landmark Bank.
We acquired approximately $3.4 billion in assets and further strengthened our position in Missouri, Oklahoma and Texas.
The systems conversion was completed in February 2020, at which time Landmark Bank merged into Simmons Bank.