Simmons first national corp (SFNC)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
OPERATING ACTIVITIES
Net income

267,708

238,167

241,091

214,458

212,096

215,713

178,970

152,629

122,132

92,940

101,008

95,585

95,429

96,814

93,702

91,948

89,134

74,364

63,144

50,257

40,071

35,688

26,835

24,979

21,646

23,231

27,478

27,306

27,266

27,684

25,956

26,453

26,663

25,374

0

0

0

Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation and amortization

40,649

36,257

33,064

30,831

29,186

28,412

27,283

25,013

22,786

21,062

19,338

18,588

17,844

16,978

14,999

14,748

14,740

13,654

13,596

11,070

9,037

7,933

6,932

6,995

6,564

6,127

5,816

5,705

5,604

5,516

5,641

5,766

5,903

6,067

0

0

0

Provision for credit loss expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Benefit) provision for credit losses on unfunded commitments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

38,148

38,129

33,246

31,236

26,393

21,124

23,956

21,549

20,065

18,963

12,284

10,674

9,022

9,399

8,912

7,508

7,245

4,722

4,675

4,107

4,118

4,328

4,547

4,288

4,140

5,677

7,219

9,772

11,676

0

0

0

Gain on sale of investments

42,669

13,314

12,945

5,625

2,795

61

-1,190

-1,241

1,002

1,059

3,747

4,059

5,582

5,848

4,708

4,433

674

307

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net accretion of investment securities and assets

59,035

53,619

42,533

43,465

43,875

48,684

60,041

52,088

45,692

38,090

28,537

30,002

27,703

31,928

29,036

38,914

37,964

32,933

32,703

16,546

13,598

8,711

3,612

4,100

2,375

1,233

560

-728

209

283

154

201

78

51

0

0

0

Net amortization on borrowings

439

394

364

143

-78

-380

-229

7

244

561

426

426

426

421

427

433

476

375

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

14,343

12,921

10,593

10,558

10,224

9,725

13,454

12,139

10,937

10,681

6,414

5,657

5,041

3,418

4,686

4,660

4,239

4,018

2,472

1,845

1,547

1,423

1,340

1,358

1,442

1,417

1,362

1,333

1,322

1,388

1,348

1,360

1,333

1,204

0

0

0

Net accretion on assets covered by FDIC loss share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,709

2,665

1,266

966

1,497

2,866

3,058

5,397

5,878

5,448

4,483

3,102

2,807

2,785

3,625

4,243

4,448

0

0

0

Gain on sale of premises and equipment held for sale, net of impairment

-

-

-

-

-

-

-

-

-

615

681

3,840

182

225

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of foreclosed assets held for sale

521

33

816

878

723

650

125

723

709

1,076

1,502

1,393

2,851

2,432

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of mortgage loans held for sale

22,565

20,064

17,365

15,269

13,576

12,844

13,052

12,586

12,436

12,186

12,342

13,531

14,368

14,683

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of other intangibles

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of branches

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

31,244

34,911

12,029

11,300

6,572

8,412

25,605

23,073

24,082

23,251

13,724

11,447

12,814

9,832

18,480

15,986

15,285

13,599

-8,384

-7,658

-7,940

-9,029

-6,800

-6,005

-6,009

-4,618

-1,875

-469

-1,940

485

-995

-1,878

-2,148

-3,571

0

0

0

Income from bank owned life insurance

5,778

4,854

5,131

4,934

4,776

5,003

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

0

0

3,145

-

3,043

3,186

3,105

2,680

2,792

2,456

2,085

1,843

1,462

1,380

1,371

1,319

1,359

1,384

1,386

1,463

1,481

1,387

1,433

1,481

0

0

0

Originations of mortgage loans held for sale

839,795

755,500

621,103

563,176

531,919

546,676

578,944

550,665

532,049

507,907

499,265

547,470

585,200

618,453

446,316

399,530

571,544

571,750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of mortgage loans held for sale

843,237

756,642

637,164

583,858

544,723

556,759

558,817

542,107

538,933

526,245

527,062

575,264

614,377

635,613

456,578

435,304

586,794

574,375

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Interest receivable

-10,147

-3,231

-892

7,166

9,667

6,227

9,101

5,270

2,549

2,432

1,527

557

1,746

1,197

-281

21

-1,174

-713

-865

-1,336

-1,594

-359

892

1,590

2,048

1,097

355

-338

-292

-596

-942

-2,228

-2,063

-2,237

0

0

0

Lease right-of-use assets

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,398

5,955

-2,383

-15,873

-13,375

-1,041

-5,251

2,391

2,943

5,512

17,733

5,739

0

0

0

Assets held in trading accounts

-

-

-

-

-

-

-

-

-

-41

-2,920

-7,271

-7,019

-4,381

-3,323

840

546

-2,565

-527

-400

-337

-1,991

-1,925

-1,858

-1,503

2,754

1,742

927

660

-1,317

1,750

456

240

-36

0

0

0

Other assets

-32,532

-42,189

-27,083

-20,725

-15,216

1,414

20,488

6,340

-2,907

-12,456

16,637

13,789

-2,094

8,206

-24,661

-25,870

4,390

-5,453

14,948

14,509

11,034

17,313

440

4,932

-2,063

-6,047

-5,698

-4,944

-3,249

-1,961

-677

-3,438

-1,997

-4,742

0

0

0

Accrued interest and other liabilities

-18,078

-35,886

21,038

441

30,500

33,978

19,365

27,916

36,702

-14,194

-10,747

-16,820

-7,206

-14,959

-28,085

-17,971

-25,872

1,393

10,333

10,674

4,904

6,511

10,354

3,869

2,992

-3,032

-4,376

-1,550

1,449

3,054

5,331

177

395

-2,847

0

0

0

Income taxes payable

9,830

20,074

5,411

2,145

-6,377

-9,355

-15,467

-33,022

-34,682

-14,604

9,020

14,528

6,492

1,915

-13,813

-6,522

-2,900

3,466

23,593

15,010

10,851

5,272

-3,810

-3,994

-2,128

-944

2,411

-441

2,288

298

-4,946

-4,960

-3,314

-3,642

0

0

0

Net cash provided by operating activities

273,914

266,347

296,896

268,632

276,434

260,679

158,240

149,295

153,048

114,563

123,013

121,036

138,054

91,134

88,681

112,928

62,155

84,359

71,829

28,571

26,858

11,648

17,610

10,344

23,523

36,089

42,653

33,468

40,299

36,082

29,398

28,622

18,937

29,557

0

0

0

INVESTING ACTIVITIES
Net originations of loans

7,182

-23,806

177,631

695,769

790,105

912,793

1,304,918

897,937

715,372

719,219

676,398

618,657

506,617

368,162

210,974

214,885

321,041

301,323

217,744

226,099

97,060

83,825

0

0

0

-

-

-

-

48,502

4,262

-3,231

-56,217

-75,516

0

0

0

Net collections of loans not covered by FDIC loss share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Net collections of loans covered by FDIC loss share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-23,646

-37,358

-37,419

-45,740

-55,361

-51,280

-60,091

-63,718

-78,305

-100,212

-93,161

-85,690

-83,460

-67,264

-78,437

-77,204

-66,967

0

0

0

Decrease in due from banks - time

1,125

1,130

-585

-1,565

-1,615

-1,620

105

3,083

3,478

3,233

2,318

5,708

6,625

9,544

12,908

15,205

13,798

10,879

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of premises and equipment, net

65,374

67,831

50,179

41,069

36,715

29,740

22,329

17,912

14,344

34,216

39,023

41,512

42,034

18,892

18,284

11,092

14,160

14,832

-3,086

-218

-13,339

-18,762

-9,032

-9,262

1,102

4,772

3,796

4,254

3,373

2,268

2,813

8,208

8,005

14,470

0

0

0

Proceeds from sale of premises and equipment

-

-

-

-

-

-

-

-

-

3,475

4,213

5,103

3,022

1,628

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of foreclosed assets held for sale

0

-

-

-

0

-

-

-

-

-

-

-

-

29,055

30,696

44,538

42,747

40,988

41,526

29,111

22,058

26,872

25,622

19,738

19,434

18,832

15,969

13,116

14,922

8,322

6,336

13,080

9,296

20,512

0

0

0

Proceeds from sale of foreclosed assets held for sale

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-2,858

-6,333

-8,510

-12,223

-14,328

-15,443

-16,054

-16,355

-16,274

-16,244

-20,093

-13,905

-14,560

-12,959

-6,283

-10,460

-8,200

0

0

0

Proceeds from sale of available-for-sale securities

2,110,372

1,235,030

561,607

461,703

201,749

7,959

360,121

360,402

687,339

679,613

424,412

440,404

299,082

346,273

249,384

263,151

79,036

32,007

39,152

19,719

20,761

20,609

41,792

46,597

44,192

44,662

17,792

2,463

3,053

2,576

832

3,147

3,425

5,350

0

0

0

Proceeds from maturities of available-for-sale securities

1,975,637

776,084

465,951

424,855

256,215

258,325

608,566

592,960

572,638

487,717

196,171

213,944

212,334

257,388

200,759

204,914

421,630

435,438

444,893

426,191

215,225

194,423

234,503

155,596

162,228

165,606

163,428

263,303

282,903

347,205

284,104

329,439

314,144

302,438

0

0

0

Purchases of available-for-sale securities

3,059,012

1,710,483

784,823

714,201

615,317

825,914

1,109,191

1,153,933

1,051,719

854,708

743,869

778,505

892,767

861,572

678,656

515,443

485,282

445,281

330,187

357,225

254,893

265,835

229,422

148,123

136,627

89,986

150,843

248,487

270,139

336,924

325,956

320,863

374,200

331,583

0

0

0

Proceeds from maturities of held-to-maturity securities

24,122

31,969

63,467

71,251

76,699

80,803

86,113

88,212

80,955

97,494

92,686

214,900

245,726

250,636

290,072

244,657

149,460

281,120

284,185

388,943

535,500

403,186

324,965

137,615

106,384

112,359

313,731

508,033

553,001

713,362

608,471

410,468

426,133

228,284

0

0

0

Purchases of held-to-maturity securities

0

-

-

-

0

-

-

-

-

860

860

860

860

6,162

9,575

10,980

60,383

59,486

87,918

282,723

351,020

413,020

455,898

294,049

306,574

273,924

385,066

537,965

559,929

683,820

614,605

529,450

405,641

288,505

0

0

0

Proceeds from bank owned life insurance death benefits

1,888

2,435

2,508

2,508

2,508

1,814

616

616

616

0

996

1,163

1,163

3,039

2,043

1,876

1,876

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of bank owned life insurance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,000

0

0

0

-

-

-

-

-

-

-

-

Cash received on FDIC loss share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,980

-6,355

-7,794

-15,821

-15,700

12,826

11,091

15,890

14,530

-11,539

-11,236

-13,673

-12,471

-15,894

-17,305

-13,614

-28,872

0

0

0

Cash received in business combinations, net of cash paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

197,029

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disposition of assets and liabilities held for sale

-123,452

-1,235

-4,329

-12,823

-21,768

55,211

58,295

66,641

75,586

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

1,384,114

594,208

175,365

-464,038

-834,402

-1,428,821

-1,412,317

-1,073,093

-562,145

-338,471

-721,745

-456,394

-489,080

-250,949

-34,726

-46,612

-229,394

134,713

366,704

256,404

404,376

12,214

-3,509

-43,433

-95,659

8,395

31,227

169,108

161,489

187,003

92,214

2,844

122,622

101,556

0

0

0

FINANCING ACTIVITIES
Net change in deposits

-499,172

-404,826

154,236

337,498

332,616

1,305,877

914,903

1,001,900

631,638

120,667

319,233

176,499

198,656

139,266

17,724

-64,054

-117,168

-107,633

-152,126

-237,841

-198,478

-192,211

-122,752

-8,901

-23,123

-14,103

-125,089

-213,310

-159,058

-173,379

-68,072

22,104

53,161

41,628

0

0

0

Proceeds from issuance of subordinated notes and other borrowings

-

-

-

-

-

326,355

326,355

326,355

326,711

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of subordinated debentures and subordinated debt

-

-

-

-

-

-

-

-

-

-

-

-

-

594

594

594

594

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Dividends paid on preferred stock

352

339

0

0

0

-

-

-

-

-

-

-

-

24

101

178

255

257

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on common stock

68,191

63,921

59,602

57,989

56,372

55,646

52,896

47,141

41,352

35,116

31,502

30,126

29,385

28,743

28,194

28,366

27,852

27,026

23,977

21,066

18,161

15,359

14,844

14,271

13,813

13,707

13,627

13,560

13,521

13,495

13,443

13,406

13,307

13,156

0

0

0

Net change in other borrowed funds

33,885

-240,806

-479,922

-285,117

29,003

-34,574

316,376

394,849

114,912

521,865

304,265

276,088

260,198

106,823

37,027

19,730

-109,007

-143,914

-140,715

-146,003

-33,632

-13,385

-205

1,306

-1,313

-8,988

-21,058

-21,400

-16,859

-8,922

-3,200

-2,505

-43,800

-44,257

0

0

0

Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net change in federal funds purchased and securities sold under agreements to repurchase

243,500

40,207

-6,823

16,523

-696

-26,652

-73,729

-82,873

-67,516

-71,003

-19,765

-12,015

-655

2,398

619

-8,754

-14,055

-27,418

-18,770

-13,764

-20,489

-8,401

39,566

19,163

-3,584

3,809

-2,518

-12,613

-19,453

-32,144

-54,913

-23,340

-875

5,627

0

0

0

Net shares cancelled under stock compensation plans

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net shares (cancelled) issued under stock compensation plans

-

-

-

-

-

1,162

1,471

938

443

2,260

3,650

3,333

3,846

4,352

3,129

4,663

4,029

3,303

3,937

3,612

3,244

2,023

1,945

1,747

1,553

936

497

449

335

323

324

325

440

474

0

0

0

Shares issued under employee stock purchase plan

956

1,312

1,312

1,312

1,312

1,026

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of common stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,848

13,741

18,180

17,917

17,567

0

0

0

-

-

-

-

Retirement of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

30,852

30,852

30,852

30,852

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-411,990

-697,390

-456,095

-93,184

189,465

1,403,558

1,335,591

1,538,030

963,480

536,291

576,499

414,365

433,246

193,212

-430

-108,179

-295,528

-302,719

-331,831

-415,165

-267,542

-227,333

-96,290

-3,485

-48,726

-42,901

-185,846

-288,924

-236,783

-255,494

-156,852

-27,811

27,264

-12,967

0

0

0

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

1,246,038

163,165

16,166

-288,590

-368,503

235,416

81,514

614,232

554,383

312,383

-22,233

79,007

82,220

33,397

53,525

-41,863

-462,767

-83,647

106,702

-130,190

163,692

-203,471

-82,189

-36,574

-120,862

1,583

-111,966

-86,348

-34,995

-32,409

-35,240

3,655

168,823

118,146

0

0

0