Simmons First National Corporation, using the Simmons Bank nameplate, is one of the largest financial companies based in Arkansas. Simmons has total assets of $9.1 billion with locations in Arkansas, Kansas, Missouri and Tennessee. As of 2017, there are approximately 145 branches and ATM's in 94 cities. Simmons ticker symbol is SFNC and trades NASDAQ.
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Products
Simmons Bank offers the following products to consumers: checking, savings & money market, credit cards, CDs & IRAs, personal lending, Home Equity Lines of Credit, mortgage services, trust and investments, and the following products to businesses: checking, savings & money market, credit cards, cash management services, treasury management, merchant services, business lending and agricultural lending.
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History
Simmons First Bank was founded by physician Dr. John Franklin Simmons in Pine Bluff, Arkansas in 1903, one of the first in the area to receive a federal bank charter. It was one of the first banks in the state to offer a credit card.
Growth
Simmons First has grown organically by opening new branches in existing markets, acquiring select branches from other banks, and through a number of mergers and acquisitions, particularly in Arkansas, including:
- 1994: Dumas Bancshares - Dumas, AR
- 1995: Dermot State Bank/DSB Bancshares - Dermot, AR
- 1997: First Bank of Russellville - Russellville, AR
- 1997: First Bank of Searcy - Searcy, AR
- 1998: American Bancshares of Arkansas - Ft. Smith, AR
- 1998: Lincoln Bancshares - Lincoln, AR
- 1999: National Bank of Commerce - El Dorado, AR
- 2003: Alliance Bancorporation - Hot Springs, AR
- 2010: Southwest Community Bank - Springfield, MO
- 2010: Security Savings FSB - Olathe, KS
- 2012: Truman Bank - St Louis, MO
- 2013: Metropolitan National Bank/Rogers Bancshares - AR
- 2013: Excel Bank - Sedalia, MO
- 2015: Delta Trust & Banking Corp - Little Rock, AR
- 2015: Community First Bancshares - Union City, TN
- 2015: Liberty Bancshares - Springfield, MO
- 2015: Trust Company of the Ozarks - Springfield, MO
- 2016: Citizens National Bank - Athens, TN
- 2017: First South Bank - Jackson, TN
References
External links
- Simmons Bank website
Source of article : Wikipedia
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