Simmons first national corp (SFNC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
INTEREST INCOME
Loans

710,935

616,037

352,351

265,652

268,367

164,082

128,171

114,501

-

-

113,648

Interest bearing balances due from banks and federal funds sold

7,486

5,996

1,933

756

899

857

1,127

1,220

1,100

721

439

Loans not covered by FDIC loss share

-

-

-

-

-

-

-

-

-

106,062

-

Loans covered by FDIC loss share

-

-

-

-

-

-

-

-

-

4,204

-

Federal funds sold

-

-

-

-

-

27

19

7

6

15

27

Investment securities

66,898

57,318

40,115

33,479

30,613

19,357

13,300

12,721

14,583

17,208

21,791

Mortgage loans held for sale

1,326

1,336

605

1,102

1,051

695

467

637

503

715

608

Assets held in trading accounts

-

-

-

16

18

17

29

48

33

30

20

TOTAL INTEREST INCOME

786,645

680,687

395,004

301,005

300,948

185,035

143,113

129,134

129,056

128,955

136,533

INTEREST EXPENSE
Deposits

139,011

87,210

27,756

15,217

15,248

9,079

8,399

10,625

14,925

19,537

31,046

Federal funds purchased and securities sold under agreements to repurchase

1,010

423

347

273

236

269

219

310

450

532

769

Other borrowings

23,008

23,654

8,621

4,148

5,097

3,986

3,001

3,354

3,512

5,018

-

Subordinated notes and debentures

18,341

16,848

3,350

2,161

1,772

637

644

1,328

1,509

1,919

-

Short-term debt

-

-

-

-

-

-

-

-

-

-

33

Long-term debt

-

-

-

-

-

-

-

-

-

-

6,958

TOTAL INTEREST EXPENSE

181,370

128,135

40,074

21,799

22,353

13,971

12,263

15,617

20,396

27,006

38,806

NET INTEREST INCOME

605,275

552,552

354,930

279,206

278,595

171,064

130,850

113,517

108,660

101,949

97,727

Provision for loan losses

43,240

38,148

26,393

20,065

9,022

7,245

4,118

4,140

11,676

14,129

10,316

NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES

562,035

514,404

328,537

259,141

269,573

163,819

126,732

109,377

96,984

87,820

87,411

NON-INTEREST INCOME
Trust income

-

-

-

-

9,261

7,111

5,842

5,473

5,375

5,179

5,227

Service charges on deposit accounts

-

-

-

-

30,985

25,650

18,815

16,808

16,808

17,700

17,944

Other service charges and fees

-

-

-

-

8,756

3,574

2,997

2,961

2,980

2,812

2,668

Mortgage and SBA lending income

-

-

-

-

11,452

5,342

4,592

5,997

4,188

4,810

4,032

Investment banking income

2,313

3,141

2,793

3,471

2,590

1,070

1,811

2,038

1,478

2,236

2,153

Debit and credit card fees

-

-

-

-

26,660

22,866

17,833

17,045

16,828

16,140

14,392

Premiums on sale of student loans

-

-

-

-

-

-

-

-

-

2,524

2,333

Bank owned life insurance income

4,768

4,415

3,503

3,324

2,680

1,843

1,319

1,463

1,481

1,670

1,270

Gain on sale of securities, net

13,314

61

1,059

5,848

307

8

-151

2

-

317

144

Net loss on assets covered by FDIC loss share agreements

-

-

-

-

-14,812

-20,316

-16,188

-9,793

154

318

-

Gain on FDIC-assisted transactions

-

-

-

-

-

-

-

3,411

-

21,314

-

Other income

58,500

19,900

19,300

18,788

16,782

15,044

3,746

2,966

4,173

2,854

2,548

TOTAL NON-INTEREST INCOME

201,509

143,896

138,765

139,382

94,661

62,192

40,616

48,371

53,465

77,874

52,711

NON-INTEREST EXPENSE
Salaries and employee benefits

227,795

216,743

154,314

133,457

138,243

89,210

74,078

66,999

65,058

60,731

58,317

Occupancy expense, net

32,008

29,610

21,159

18,667

16,858

12,833

10,034

8,603

8,443

7,808

7,457

Furniture and equipment expense

18,220

16,323

19,366

16,683

14,352

9,325

7,623

6,882

6,633

6,093

6,195

Other real estate and foreclosure expense

3,442

4,480

3,042

4,461

4,861

4,507

1,337

992

678

974

453

Deposit insurance

4,416

8,721

3,696

3,469

4,201

3,354

2,482

2,086

2,387

3,813

4,642

Merger related costs

36,379

4,777

21,923

4,835

13,760

7,470

6,376

1,896

357

2,611

-

Other operating expenses

138,852

111,575

88,879

73,513

64,695

49,022

32,882

30,275

31,094

29,233

27,658

TOTAL NON-INTEREST EXPENSE

461,112

392,229

312,379

255,085

256,970

175,721

134,812

117,733

114,650

111,263

104,722

INCOME BEFORE INCOME TAXES

302,432

266,071

154,923

143,438

107,264

50,290

32,536

40,015

35,799

54,431

35,400

Income Tax Expense (Benefit)

64,265

50,358

61,983

46,624

32,900

14,602

9,305

12,331

10,425

17,314

10,190

Net Income (Loss) Attributable to Parent

238,167

215,713

92,940

96,814

74,364

35,688

23,231

27,684

25,374

37,117

25,210

Preferred stock dividends

339

0

0

24

257

0

-

-

-

-

-

NET INCOME AVAILABLE TO COMMON STOCKHOLDERS

237,828

215,713

92,940

96,790

74,107

35,688

23,231

-

-

-

-

BASIC EARNINGS PER SHARE (in dollars per share)

2.42

2.34

1.34

1.58

1.32

2.11

1.42

1.64

1.47

2.16

1.75

DILUTED EARNINGS PER SHARE (in dollars per share)

2.41

2.32

1.33

1.56

1.31

2.11

1.42

1.64

1.47

2.15

1.74

Trust income
Non-interest income

25,040

23,128

18,570

15,442

-

-

-

-

-

-

-

Service charges on deposit accounts
Non-interest income

44,782

42,508

36,079

32,414

-

-

-

-

-

-

-

Other service charges and fees
Non-interest income

5,824

7,469

9,919

12,872

-

-

-

-

-

-

-

Mortgage lending income
Non-interest income

15,017

9,230

9,708

-

-

-

-

-

-

-

-

SBA lending income
Non-interest income

2,669

1,813

3,608

-

-

-

-

-

-

-

-

Mortgage and SBA lending income
NON-INTEREST INCOME

-

-

-

16,483

-

-

-

-

-

-

-

Debit and credit card fees
Non-interest income

29,289

32,268

34,258

30,740

-

-

-

-

-

-

-