Simmons First Bank of Northeast Arkansas in Jonesboro, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches


Simmons First Bank of Northeast Arkansas - Overview

  • General
  • FDIC Certificate #: 16715
    Status: Active
    Federal Reserve ID: 471749
    Bank Holding Company (Regulatory Top Holder): Simmons First National Corporation (RSSDID: 1094828, Location: Pine Bluff, AR)
    Date Established: July 21, 1948
    WWW: http://www.simmonsfirst.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 11553
    FDIC's unique #: 10837
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 21, 1948
    Last Structure Change Effective Date: December 16, 2010
    Last Structure Change Process Date: January 04, 2011
    Last Data Update: January 04, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1720 South Caraway Road, Jonesboro, AR 72401
    County: Craighead
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Memphis
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Jonesboro, AR (#3700)
    Combined Statistical Area (CSA): Jonesboro-Paragould, AR (#308)
    Core Based Statistical Area (CBSA): Jonesboro, AR (#27860)
    CBSA Metro Statistical Area: Jonesboro, AR (#27860)
  • History of Changes
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Becomes a Member of FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $340.3 mil
    Equity capital: $31.7 mil
    Deposits held in domestic offices: $295.0 mil
    Return on assets (ROA): 1.88% ($6.4 mil)
    Quarterly return on assets: 1.92% ($6.5 mil)
    Return on Equity (ROE): 19.58% ($6.3 mil)
    Quarterly return on equity: 20.37% ($6.5 mil)
    Net income: $6.1 mil
    Quarterly Net income: $1.6 mil
    Pretax return on assets: 2.99% ($10,176.4 mil)
    Quarterly Pretax return on assets: 3.07% ($10,448.7 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 63Total employees (full-time equivalent)
  • $340,348Total assets
  • $37,585Cash and due from depository institutions
  • $23,488Interest-bearing balances
  • $25,434Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $261,063Net loans & leases
  • $2,833Loan loss allowance
  • $0Trading account assets
  • $6,371Bank premises and fixed assets
  • $260Other real estate owned
  • $373Goodwill and other intangibles
  • $340,348Life insurance assets
  • $9,262All other assets
  • $308,609Total liabilities and capital
  • $295,025Total liabilities
  • $247,525Total deposits
  • $295,025Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 7289.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,773Trading liabilities
  • $0Other borrowed funds
  • $2,522Subordinated debt
  • $31,739All other liabilities
  • $31,739Total equity capital
  • $31,739Total bank equity capital
  • $0Perpetual preferred stock
  • $15Common stock
  • $3,485Surplus
  • $28,239Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $4,323Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $371Income earned, not collected on loans
  • $119Earning assets
  • $2,805Long-term assets (5+ years)
  • $309,985Average Assets, year-to-date
  • $18,315Average Assets, quarterly
  • $322,833Volatile liabilities
  • $334,145Insider loans
  • $244,901FHLB advances
  • $331,455Loans and leases held for sale
  • $3,561Unused loan commitments
  • $2,988Tier 1 (core) risk-based capital
  • $31,439Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $573Total unused commitments
  • $36,729Restructured Loans and leases
  • $3,042Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,110Total interest income
  • $2,569Total interest expense
  • $13,541Net interest income
  • $399Provision for loan and lease losses
  • $3,116Total noninterest income
  • $0Fiduciary activities
  • $1,220Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,896Additional noninterest income
  • $6,607Total noninterest expense
  • $3,603Salaries and employee benefits
  • $918Premises and equipment expense
  • $2,086Additional noninterest expense
  • $9,651Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,573Applicable income taxes
  • $6,078Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,078Net income attributable to bank
  • $0Net charge-offs
  • $6,078Cash dividends
  • $113Sale, conversion, retirement of capital stock, net
  • $4,570Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.42%Yield on earning assets
  • 0.86%Cost of funding earning assets
  • 4.55%Net interest margin
  • 1.05%Noninterest income to earning assets
  • 2.22%Noninterest expense to earning assets
  • 1.88%Net operating income to assets
  • 1.88%Return on assets (ROA)
  • 2.99%Pretax return on assets
  • 19.58%Return on equity (ROE)
  • 4.86%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 353.10%Credit loss provision to net charge-offs
  • 88.94%Efficiency ratio
  • 39,593Assets per employee
  • 5.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 75.19%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 763.61%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 88.49%Net loans and leases to core deposits
  • 96.20%Equity capital to assets
  • 9.33%Core capital (leverage) ratio
  • 9.49%Tier 1 risk-based capital ratio
  • 12.84%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $322,833Average earning assets
  • $31,049Average equity
  • $297,278Average loans

List of branches

  • 5 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010837Simmons First Bank Of Northeast Arka1720 South Caraway Road, Jonesboro, AR 72401July 21, 1948Full Service Brick and Mortar
    1238645Mid-City Branch501 West Washington, Jonesboro, AR 72401September 16, 1963Full Service Brick and Mortar
    6238650Southwest Drive Branch711 Southwest Drive, Jonesboro, AR 72401Febuary 11, 1997Full Service Brick and Mortar
    7230299Weiner Branch202 Ritter Street, Weiner, AR 72479July 10, 1995Full Service Brick and Mortar
    8473481Linwood Branch205 Linwood Drive, Paragould, AR 72450December 11, 2007Full Service Brick and Mortar

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