Simmons Bank Mortgage Rates, Fees & Info

Pine Bluff, AR

LEI: 549300DPRWSBUY619V27

Tax ID: 71-0162300

5 stars - out of 5 stars, based on 79 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Simmons Bank is a small bank specializing in Home Purchase and Refi loans. Simmons Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Little Rock, Dallas, Nashville, Fayetteville, and Jonesboro among others. Simmons Bank has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Simmons Bank is typically an average fee lendor.


Originations

6,318

Origination Dollar Volume (All Markets)

$1,647,260,000

Employee count

2,857 Show all (30) awards

Relative Rate

Simmons Bank's average 30 year fixed rate mortgage of loans were 3.1%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.05%.

Relative Fees

Simmons Bank's average total fees for a 30 year fixed rate mortgage are $3,489.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 952 $233,920,000 $245,714 $3,146 3.25%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 359 $198,415,000 $552,688 $4,287 3.00%
Outside of Metro Areas 638 $91,590,000 $143,558 $2,951 3.70%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 296 $86,280,000 $291,486 $4,060 3.56%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 266 $83,170,000 $312,669 $3,048 3.36%
JONESBORO, AR (FHA|USDA|VA) 307 $63,805,000 $207,834 $3,517 3.47%
JACKSON, TN (FHA|USDA|VA) 309 $62,115,000 $201,019 $3,394 3.26%
COLUMBIA, MO (FHA|USDA|VA) 274 $61,910,000 $225,949 $1,951 3.46%
OKLAHOMA CITY, OK (FHA|USDA|VA) 177 $54,995,000 $310,706 $3,586 3.34%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $54,560,000 $27,280,000 $0 3.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 32 $50,280,000 $1,571,250 $5,747 3.24%
WICHITA, KS (FHA|USDA|VA) 78 $49,900,000 $639,744 $2,757 3.16%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 164 $46,490,000 $283,476 $4,226 3.40%
Stillwater, OK (FHA|USDA|VA) 200 $42,620,000 $213,100 $3,546 3.14%
Searcy, AR (FHA|USDA|VA) 189 $33,825,000 $178,968 $3,257 3.18%
ST. LOUIS, MO-IL (FHA|USDA|VA) 186 $33,340,000 $179,247 $3,324 3.46%
HOT SPRINGS, AR (FHA|USDA|VA) 162 $32,340,000 $199,630 $2,854 3.24%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $29,505,000 $29,505,000 $0 2.75%
SPRINGFIELD, MO (FHA|USDA|VA) 133 $23,065,000 $173,421 $2,553 3.50%
PINE BLUFF, AR (FHA|USDA|VA) 149 $19,675,000 $132,047 $3,309 3.48%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $19,050,000 $9,525,000 $1,338 4.00%
Martin, TN (FHA|USDA|VA) 141 $16,985,000 $120,461 $2,763 3.49%
JOPLIN, MO (FHA|USDA|VA) 27 $16,585,000 $614,259 $2,697 3.66%
KANSAS CITY, MO-KS (FHA|USDA|VA) 51 $15,095,000 $295,980 $2,471 3.52%
KNOXVILLE, TN (FHA|USDA|VA) 65 $14,335,000 $220,538 $3,384 3.29%
Branson, MO (FHA|USDA|VA) 100 $14,280,000 $142,800 $2,498 4.26%
Russellville, AR (FHA|USDA|VA) 95 $14,055,000 $147,947 $2,402 3.67%
FORT SMITH, AR-OK (FHA|USDA|VA) 78 $12,670,000 $162,436 $3,151 3.30%
West Plains, MO (FHA|USDA|VA) 78 $11,290,000 $144,744 $2,614 3.27%
Dyersburg, TN (FHA|USDA|VA) 84 $10,870,000 $129,405 $2,772 3.37%
TULSA, OK (FHA|USDA|VA) 48 $10,360,000 $215,833 $3,513 3.15%
SHERMAN-DENISON, TX (FHA|USDA|VA) 38 $8,950,000 $235,526 $4,565 3.53%
Union City, TN (FHA|USDA|VA) 83 $8,375,000 $100,904 $2,613 3.66%
Paragould, AR (FHA|USDA|VA) 46 $7,640,000 $166,087 $2,710 3.54%
Sedalia, MO (FHA|USDA|VA) 44 $6,730,000 $152,955 $2,147 3.37%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 17 $6,715,000 $395,000 $4,149 2.94%
Athens, TN (FHA|USDA|VA) 49 $6,525,000 $133,163 $3,241 3.62%
El Dorado, AR (FHA|USDA|VA) 42 $5,510,000 $131,190 $2,365 4.15%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 9 $3,995,000 $443,889 $2,739 2.75%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 7 $3,125,000 $446,429 $4,366 2.59%
Breckenridge, CO (FHA|USDA|VA) 1 $2,905,000 $2,905,000 $5,802 3.75%
Batesville, AR (FHA|USDA|VA) 18 $2,730,000 $151,667 $2,368 3.54%
Mountain Home, AR (FHA|USDA|VA) 12 $2,690,000 $224,167 $3,041 3.38%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $2,365,000 $473,000 $3,678 2.98%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 6 $2,280,000 $380,000 $4,814 2.81%
Gainesville, TX (FHA|USDA|VA) 13 $2,245,000 $172,692 $3,632 3.29%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 7 $2,195,000 $313,571 $2,814 2.96%
Durant, OK (FHA|USDA|VA) 12 $2,180,000 $181,667 $3,268 4.31%
Frankfort, KY (FHA|USDA|VA) 1 $2,165,000 $2,165,000 $0 2.99%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $1,770,000 $442,500 $3,160 3.22%
Brownsville, TN (FHA|USDA|VA) 12 $1,750,000 $145,833 $2,925 4.06%
JEFFERSON CITY, MO (FHA|USDA|VA) 11 $1,585,000 $144,091 $1,981 3.62%
ASHEVILLE, NC (FHA|USDA|VA) 4 $1,550,000 $387,500 $2,888 3.13%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,515,000 $303,000 $4,788 3.33%
Athens, TX (FHA|USDA|VA) 4 $1,430,000 $357,500 $4,466 3.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $1,380,000 $345,000 $3,047 3.19%
BATON ROUGE, LA (FHA|USDA|VA) 4 $1,380,000 $345,000 $3,470 3.09%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $1,295,000 $431,667 $4,046 2.58%
Ada, OK (FHA|USDA|VA) 9 $1,205,000 $133,889 $2,478 4.46%
Sevierville, TN (FHA|USDA|VA) 3 $1,115,000 $371,667 $4,245 2.75%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $1,110,000 $555,000 $3,521 3.44%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 6 $1,070,000 $178,333 $3,067 2.65%
MIDLAND, TX (FHA|USDA|VA) 3 $1,055,000 $351,667 $3,258 2.83%
Corsicana, TX (FHA|USDA|VA) 2 $1,030,000 $515,000 $6,067 3.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $1,025,000 $341,667 $2,678 2.92%
CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $1,005,000 $335,000 $4,804 3.21%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $990,000 $495,000 $5,051 3.44%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $975,000 $975,000 $5,049 3.25%
McPherson, KS (FHA|USDA|VA) 3 $825,000 $275,000 $3,929 2.88%
Camden, AR (FHA|USDA|VA) 5 $825,000 $165,000 $3,338 3.05%
Arkadelphia, AR (FHA|USDA|VA) 5 $815,000 $163,000 $2,719 3.18%
MORRISTOWN, TN (FHA|USDA|VA) 3 $805,000 $268,333 $2,584 3.38%
Blytheville, AR (FHA|USDA|VA) 8 $800,000 $100,000 $3,878 3.81%
Bonham, TX (FHA|USDA|VA) 4 $760,000 $190,000 $3,812 2.97%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $745,000 $248,333 $3,108 3.35%
Malvern, AR (FHA|USDA|VA) 4 $700,000 $175,000 $3,572 3.62%
PROVO-OREM, UT (FHA|USDA|VA) 2 $620,000 $310,000 $2,357 2.44%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $605,000 $605,000 $6,148 3.38%
Greenville, MS (FHA|USDA|VA) 2 $590,000 $295,000 $5,842 4.13%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $570,000 $285,000 $3,225 2.81%
Ardmore, OK (FHA|USDA|VA) 5 $565,000 $113,000 $3,366 3.42%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $560,000 $280,000 $2,892 3.19%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $545,000 $545,000 $3,911 2.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $545,000 $545,000 $1,986 2.25%
MOBILE, AL (FHA|USDA|VA) 1 $535,000 $535,000 $6,229 4.75%
Tullahoma-Manchester, TN (FHA|USDA|VA) 3 $525,000 $175,000 $3,511 3.08%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $510,000 $255,000 $5,194 3.31%
Lebanon, MO (FHA|USDA|VA) 3 $505,000 $168,333 $3,234 3.29%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $505,000 $505,000 $2,754 2.63%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $490,000 $245,000 $3,774 3.53%
Lewisburg, TN (FHA|USDA|VA) 3 $485,000 $161,667 $2,291 4.17%
Kirksville, MO (FHA|USDA|VA) 1 $485,000 $485,000 $0 4.40%
Miami, OK (FHA|USDA|VA) 2 $470,000 $235,000 $4,950 4.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $465,000 $465,000 $3,443 2.38%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $465,000 $465,000 $4,838 2.75%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $455,000 $455,000 $3,980 2.88%
Hutchinson, KS (FHA|USDA|VA) 7 $455,000 $65,000 $1,627 3.88%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $425,000 $425,000 $4,162 4.13%
Granbury, TX (FHA|USDA|VA) 4 $420,000 $105,000 $0 5.25%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $405,000 $405,000 $4,899 2.88%
Tahlequah, OK (FHA|USDA|VA) 3 $405,000 $135,000 $3,057 4.52%
Oxford, MS (FHA|USDA|VA) 2 $400,000 $200,000 $3,027 3.95%
Lawrenceburg, TN (FHA|USDA|VA) 2 $400,000 $200,000 $4,009 2.81%
LONGVIEW, TX (FHA|USDA|VA) 2 $400,000 $200,000 $3,602 2.88%
ANN ARBOR, MI (FHA|USDA|VA) 1 $395,000 $395,000 $2,196 2.88%
JACKSON, MS (FHA|USDA|VA) 1 $395,000 $395,000 $3,993 3.75%
LAFAYETTE, LA (FHA|USDA|VA) 1 $385,000 $385,000 $5,277 4.25%
SANTA FE, NM (FHA|USDA|VA) 1 $365,000 $365,000 $4,522 2.50%
Paducah, KY-IL (FHA|USDA|VA) 2 $360,000 $180,000 $4,536 3.00%
LUBBOCK, TX (FHA|USDA|VA) 3 $355,000 $118,333 $3,056 3.33%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $355,000 $355,000 $2,636 2.88%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $345,000 $345,000 $2,848 2.75%
Ponca City, OK (FHA|USDA|VA) 3 $345,000 $115,000 $0 4.33%
LAS CRUCES, NM (FHA|USDA|VA) 1 $335,000 $335,000 $2,140 2.50%
DULUTH, MN-WI (FHA|USDA|VA) 1 $335,000 $335,000 $3,334 2.38%
Farmington, MO (FHA|USDA|VA) 1 $325,000 $325,000 $2,966 3.38%
ST. GEORGE, UT (FHA|USDA|VA) 1 $325,000 $325,000 $2,221 2.75%
TYLER, TX (FHA|USDA|VA) 1 $325,000 $325,000 $3,808 2.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $325,000 $325,000 $4,553 3.63%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $315,000 $315,000 $0 4.00%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $315,000 $315,000 $4,114 2.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $310,000 $155,000 $2,638 3.19%
Paris, TX (FHA|USDA|VA) 1 $305,000 $305,000 $2,421 2.75%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $295,000 $295,000 $3,185 3.00%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $295,000 $295,000 $8,906 3.25%
FORT COLLINS, CO (FHA|USDA|VA) 1 $285,000 $285,000 $2,085 3.38%
FLINT, MI (FHA|USDA|VA) 1 $285,000 $285,000 $2,919 2.88%
APPLETON, WI (FHA|USDA|VA) 1 $285,000 $285,000 $2,521 2.25%
MORGANTOWN, WV (FHA|USDA|VA) 1 $275,000 $275,000 $3,453 2.00%
Warrensburg, MO (FHA|USDA|VA) 1 $275,000 $275,000 $3,384 4.50%
Ruidoso, NM (FHA|USDA|VA) 1 $275,000 $275,000 $2,391 2.63%
LAWTON, OK (FHA|USDA|VA) 2 $270,000 $135,000 $3,584 2.69%
Hope, AR (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.80%
Hannibal, MO (FHA|USDA|VA) 1 $255,000 $255,000 $2,752 4.50%
Cookeville, TN (FHA|USDA|VA) 1 $255,000 $255,000 $3,265 3.00%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $235,000 $235,000 $2,018 2.88%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,365 2.50%
Harrison, AR (FHA|USDA|VA) 1 $225,000 $225,000 $6,334 3.13%
MUNCIE, IN (FHA|USDA|VA) 1 $225,000 $225,000 $2,688 2.50%
RICHMOND, VA (FHA|USDA|VA) 1 $225,000 $225,000 $4,465 2.75%
Greeneville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $2,249 2.88%
Willmar, MN (FHA|USDA|VA) 2 $220,000 $110,000 $2,750 3.88%
Selma, AL (FHA|USDA|VA) 1 $215,000 $215,000 $2,913 3.13%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $215,000 $215,000 $3,302 2.88%
Jasper, AL (FHA|USDA|VA) 1 $215,000 $215,000 $3,065 2.38%
Muskogee, OK (FHA|USDA|VA) 6 $210,000 $35,000 $2,443 4.28%
Dodge City, KS (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.39%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $205,000 $205,000 $4,888 3.88%
Bennington, VT (FHA|USDA|VA) 1 $205,000 $205,000 $4,329 3.13%
Helena-West Helena, AR (FHA|USDA|VA) 2 $200,000 $100,000 $2,258 2.56%
EL PASO, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,562 2.88%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $185,000 $185,000 $2,016 3.00%
MONROE, LA (FHA|USDA|VA) 1 $185,000 $185,000 $6,586 3.00%
Paris, TN (FHA|USDA|VA) 1 $175,000 $175,000 $2,904 2.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,011 3.13%
TOPEKA, KS (FHA|USDA|VA) 1 $165,000 $165,000 $2,831 3.50%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,600 2.38%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.45%
Mexico, MO (FHA|USDA|VA) 1 $145,000 $145,000 $2,023 2.88%
Dayton, TN (FHA|USDA|VA) 1 $145,000 $145,000 $5,213 2.75%
CLEVELAND, TN (FHA|USDA|VA) 1 $135,000 $135,000 $3,739 2.75%
Murray, KY (FHA|USDA|VA) 1 $135,000 $135,000 $2,071 3.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,470 3.00%
Clovis, NM (FHA|USDA|VA) 1 $135,000 $135,000 $5,035 2.88%
McAlester, OK (FHA|USDA|VA) 1 $125,000 $125,000 $3,445 4.13%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.65%
Madisonville, KY (FHA|USDA|VA) 1 $115,000 $115,000 $2,692 3.00%
MANHATTAN, KS (FHA|USDA|VA) 1 $115,000 $115,000 $2,225 3.25%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,065 3.00%
Mayfield, KY (FHA|USDA|VA) 1 $85,000 $85,000 $2,490 2.38%
Safford, AZ (FHA|USDA|VA) 1 $85,000 $85,000 $2,313 2.25%
Indianola, MS (FHA|USDA|VA) 1 $75,000 $75,000 $2,456 3.00%
ENID, OK (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.00%
Rolla, MO (FHA|USDA|VA) 2 $60,000 $30,000 $1,545 6.72%
Parsons, KS (FHA|USDA|VA) 1 $15,000 $15,000 $0 5.25%

Simmons Bank's top markets include Little Rock, Dallas, Nashville, Fayetteville, and Jonesboro among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 5,670 $1,527,690,000 $269,434 $2,952 3.46%
FHA 310 $54,240,000 $174,968 $5,895 2.88%
USDA 198 $28,560,000 $144,242 $3,971 2.88%
VA 140 $36,770,000 $262,643 $5,189 2.76%

For the 2021 period, Simmons Bank's most frequently originated loan type of loans were Conventional, with 5,670 originations. Their 2nd most popular type is FHA, with 310 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 3,166 $1,020,330,000 $322,277 $3,626 3.31%
Refi 1,839 $401,325,000 $218,230 $2,684 3.47%
Cash Out Refi 805 $169,865,000 $211,012 $3,007 2.99%
Home Improvement 260 $23,030,000 $88,577 $1,303 4.67%
Other 248 $32,710,000 $131,895 $2,721 3.88%

For the 2021, Simmons Bank's most frequently cited loan purpose of loans were Home Purchase, with 3,166 originations. The 2nd most popular reason of loans were Refi, with 1,839 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 3,758 $882,570,000 $234,851 $3,489 3.10%
15 Year 856 $160,840,000 $187,897 $2,585 2.76%
5 Year 772 $336,900,000 $436,399 $888 4.14%
3 Year 388 $86,330,000 $222,500 $875 5.26%
10 Year 174 $27,940,000 $160,575 $1,398 4.06%
Other 155 $108,445,000 $699,645 $1,683 4.66%
20 Year 146 $29,100,000 $199,315 $2,694 3.13%
1 Year 69 $15,135,000 $219,348 $3,369 4.63%

For the 2021, Simmons Bank's most frequently cited loan length of loans were 30 Year, with 3,758 originations. The 2nd most popular length of loans were 15 Year, with 856 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 3,661 $782,115,000 $213,634
$1k-2k 858 $168,220,000 $196,061
$2k-3k 246 $68,440,000 $278,211
$3k-4k 127 $50,525,000 $397,835
$5k+ 35 $19,575,000 $559,286

$3,489 of loans were Simmons Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 3,661 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 2,216 $594,680,000 $268,357
3-4% 1,999 $670,845,000 $335,590
<2.5% 867 $227,365,000 $262,243
4-5% 672 $110,450,000 $164,360
5-6% 445 $35,775,000 $80,393
6-7% 61 $4,135,000 $67,787
7-8% 30 $1,860,000 $62,000
Over 8% 20 $1,020,000 $51,000

During 2021, Simmons Bank's average interest rate of loans were 3.10%, while their most frequently originated rate bucket of loans were 2.5-3%, with 2,216 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 2,303 $338,155,000 $146,832 $3,009 3.25%
$200k-400k 1,757 $481,485,000 $274,038 $3,594 3.07%
$100,000 or less 1,589 $91,905,000 $57,838 $2,146 4.07%
$400k-600k 488 $233,660,000 $478,811 $4,328 3.06%
$600k-1MM 122 $90,400,000 $740,984 $5,861 3.49%
$1MM+ 59 $411,655,000 $6,977,203 $8,440 3.46%

2021 saw Simmons Bank place emphasis on $100k-200k loans with 2,303 originations, totaling $338,155,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 1,281 $144,415,000 $112,736 $2,929 3.37%
$50k-75k 1,206 $190,210,000 $157,720 $3,244 3.35%
$100k-150k 1,047 $231,505,000 $221,113 $3,213 3.32%
$75k-100k 874 $158,270,000 $181,087 $3,134 3.28%
$150k-250k 726 $204,810,000 $282,107 $3,481 3.32%
$250k+ 536 $213,950,000 $399,160 $3,993 3.38%

Simmons Bank lent most frequently to those with incomes in the $50k or less range, with 1,281 originations. The second most popular income band? $50k-75k, with 1,206 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,413 $296,005,000 $209,487 $3,140 3.28%
30-36% 1,056 $207,770,000 $196,752 $3,223 3.31%
<20% 846 $169,550,000 $200,414 $2,807 3.31%
42% 226 $45,080,000 $199,469 $3,634 3.18%
36% 202 $37,720,000 $186,733 $3,159 3.25%
38% 201 $37,875,000 $188,433 $3,173 3.32%
44% 195 $43,265,000 $221,872 $3,382 3.25%
39% 195 $33,745,000 $173,051 $3,454 3.70%
41% 195 $46,075,000 $236,282 $3,561 3.16%
40% 194 $41,760,000 $215,258 $3,536 3.16%
37% 184 $39,420,000 $214,239 $3,313 3.25%
43% 160 $36,020,000 $225,125 $3,386 3.23%
45% 117 $24,075,000 $205,769 $3,298 3.02%
46% 84 $19,680,000 $234,286 $3,651 3.04%
50-60% 74 $15,280,000 $206,486 $5,004 3.25%
47% 70 $15,700,000 $224,286 $3,647 2.99%
48% 69 $15,395,000 $223,116 $3,590 3.01%
49% 57 $13,135,000 $230,439 $3,397 2.98%
>60% 27 $1,665,000 $61,667 $1,328 6.13%

Simmons Bank lent most frequently to those with DTI ratios of 20-30%, with 1,413 originations. The next most common DTI ratio? 30-36%, with 1,056 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,644 $960,820,000 $206,895 $3,192 3.27%
Not applicable 475 $467,955,000 $985,168 $2,180 4.13%
Not provided 612 $102,430,000 $167,369 $3,218 3.97%
Black 372 $67,300,000 $180,914 $3,864 3.28%
Asian 131 $29,775,000 $227,290 $3,138 2.96%
American Indian 55 $12,045,000 $219,000 $3,417 3.11%
Asian Indian 14 $4,000,000 $285,714 $3,575 2.91%
Other Asian 10 $2,280,000 $228,000 $2,840 3.09%
Korean 1 $215,000 $215,000 $2,868 2.88%
Vietnamese 2 $200,000 $100,000 $2,408 3.25%
1 $125,000 $125,000 $3,783 3.13%
Japanese 1 $115,000 $115,000 $3,292 4.38%

Approval Rates

Total approvals of all applications
88.42%

Simmons Bank has an average approval rate.

Pick Rate

Approvals leading to origination
74.40%

Simmons Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 6,318 $1,647,260,000 $260,725

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
6,318 $1,647,260,000 $260,725

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 545 $65,015,000 $119,294 $2,491 3.84%
40-60% 918 $345,220,000 $376,057 $2,733 3.21%
60-80% 2,085 $696,195,000 $333,906 $3,071 3.30%
80-100% 2,264 $491,080,000 $216,908 $3,652 3.21%
Over 100% 64 $22,960,000 $358,750 $7,150 3.19%
Under 20% 431 $24,995,000 $57,993 $1,255 4.63%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
SIMMONS FIRST NATIONAL CORPORATION Conventional home mortgage Closing on a mortgage 1 20.0%
SIMMONS FIRST NATIONAL CORPORATION Conventional home mortgage Trouble during payment process 2 40.0%
SIMMONS FIRST NATIONAL CORPORATION Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 2 40.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Simmons Bank 108 East Speedway Dermott, AR 71638 Full Service B&M $22,097
Simmons Bank 100 East 30th Hutchinson, KS 67502 Full Service B&M $69,317
Simmons Bank 100 West Commercial Street Ozark, AR 72949 Full Service B&M $39,664
Simmons Bank 100 West Grove Street El Dorado, AR 71730 Full Service B&M $162,189
Simmons Bank 1000 South Highway Drive Fenton, MO 63026 Full Service B&M $85,484
Simmons Bank 1001 Howdershell Road Florissant, MO 63031 Full Service B&M $78,975
Simmons Bank 1002 South Mt. Olive Siloam Springs, AR 72761 Full Service B&M $16,780
Simmons Bank 101 S Church Street Dresden, TN 38225 Full Service B&M $99,103
Simmons Bank 10111 West 21st St. North Wichita, KS 67205 Full Service B&M $27,690
Simmons Bank 10300 N. Rodney Parham Rd Little Rock, AR 72227 Full Service B&M $82,742
Simmons Bank 10301 Clayton Road Frontenac, MO 63131 Full Service Retail $135,662
Simmons Bank 10425 Stagecoach Road Little Rock, AR 72210 Full Service B&M $60,371
Simmons Bank 105 West 6th Street Mountain View, MO 65548 Full Service B&M $84,353
Simmons Bank 106 University Street Martin, TN 38237 Full Service B&M $149,469
Simmons Bank 107 North Poplar Street Kenton, TN 38233 Full Service B&M $45,623
Simmons Bank 11811 Custard Rd Frisco, TX 75035 Full Service B&M $80,302
Simmons Bank 1203 Murfreesboro Road, #549 Franklin, TN 37064 Full Service B&M $31,030
Simmons Bank 12121 East 21st Street North Wichita, KS 67206 Full Service B&M $47,028
Simmons Bank 1215 Highway 411 Vonore, TN 37885 Full Service B&M $43,504
Simmons Bank 1222 Demonbreun Street, Suite 105 Nashville, TN 37203 Full Service B&M $87,646
Simmons Bank 125 North Poplar Searcy, AR 72143 Full Service B&M $19,109
Simmons Bank 128 Plaza Madill, OK 73446 Full Service B&M $84,063
Simmons Bank 1300 East Main Street Davis, OK 73030 Full Service B&M $51,451
Simmons Bank 1323 Military Benton, AR 72015 Full Service B&M $79,355
Simmons Bank 1350 Spur Drive Suite 270 Marshfield, MO 65706 Full Service B&M $41,509
Simmons Bank 14 Public Square Stockton, MO 65785 Full Service B&M $81,006
Simmons Bank 1401 W. Highway J. Ozark, MO 65721 Full Service B&M $53,465
Simmons Bank 1406 South Highway 32 El Dorado Springs, MO 64744 Full Service B&M $38,468
Simmons Bank 165 Main Street Mammoth Spring, AR 72554 Full Service B&M $38,798
Simmons Bank 16600 Chenal Parkway Little Rock, AR 72211 Full Service B&M $163,128
Simmons Bank 1701 N Us Hwy 287 Mansfield, TX 76063 Full Service B&M $70,798
Simmons Bank 1704 North University Drive Pine Bluff, AR 71601 Full Service B&M $53,738
Simmons Bank 1720 South Caraway Road Jonesboro, AR 72401 Full Service B&M $174,623
Simmons Bank 17263 Wildhorse Creek Road Chesterfield, MO 63005 Full Service B&M $75,034
Simmons Bank 1783 Highway 65 South Clinton, AR 72031 Full Service B&M $59,618
Simmons Bank 1800 Se Blue Parkway Lees Summit, MO 64063 Full Service B&M $129,687
Simmons Bank 1802 East State Route K West Plains, MO 65775 Full Service B&M $57,546
Simmons Bank 1809 East Harding Avenue Pine Bluff, AR 71601 Full Service B&M $98,470
Simmons Bank 1862 Highway 45 Bypass Jackson, TN 38305 Full Service B&M $69,905
Simmons Bank 1900 South Scott Boulevard Columbia, MO 65203 Full Service B&M $112,118
Simmons Bank 1904 E Broadway Columbia, MO 65201 Limited, Drive-thru $0
Simmons Bank 1918 South Sangre Road Stillwater, OK 74074 Full Service B&M $155,945
Simmons Bank 1955 South Highland Avenue Jackson, TN 38301 Full Service B&M $33,807
Simmons Bank 200 North Stadium Columbia, MO 65201 Full Service B&M $104,798
Simmons Bank 201 Carnahan Drive Maumelle, AR 72113 Full Service B&M $77,333
Simmons Bank 201 South Dean A. Mcgee Avenue Wynnewood, OK 73098 Full Service B&M $41,585
Simmons Bank 202 North Kentucky Street Kingston, TN 37763 Full Service B&M $60,205
Simmons Bank 202 Ritter Street Weiner, AR 72479 Full Service B&M $41,168
Simmons Bank 202 South Rockwood Drive Cabot, AR 72023 Full Service B&M $49,940
Simmons Bank 203 Pirate Lane Crane, MO 65633 Full Service B&M $48,705
Simmons Bank 205 Linwood Drive Paragould, AR 72450 Full Service B&M $51,835
Simmons Bank 205 North Main Avenue Dyersburg, TN 38024 Full Service B&M $84,022
Simmons Bank 205 Sylamore Avenue Mountain View, AR 72560 Full Service B&M $33,649
Simmons Bank 2820 West Fm 120 Denison, TX 75020 Full Service B&M $88,234
Simmons Bank 2832 West Sunset Springdale, AR 72762 Full Service B&M $75,341
Simmons Bank 291 East Main Street Hendersonville, TN 37075 Full Service B&M $73,877
Simmons Bank 2911 F.M. 691 Denison, TX 75020 Full Service B&M $92,739
Simmons Bank 2911 Turtle Creek Blvd Dallas, TX 75219 Limited, Drive-thru $0
Simmons Bank 300 North Lincoln Avenue Star City, AR 71667 Full Service B&M $55,193
Simmons Bank 300 Northcreek Blvd Goodlettsville, TN 37072 Full Service B&M $97,952
Simmons Bank 300 Us Hwy 65 North Marshall, AR 72650 Full Service B&M $73,594
Simmons Bank 3079 East Main Russellville, AR 72801 Full Service B&M $111,084
Simmons Bank 308 South Main Street Stillwater, OK 74074 Full Service B&M $79,386
Simmons Bank 308 West Main Street Brownsville, TN 38012 Full Service B&M $72,581
Simmons Bank 3100 Paris Road Columbia, MO 65202 Full Service B&M $212,330
Simmons Bank 3109 North Reynolds Road Bryant, AR 72022 Full Service B&M $79,728
Simmons Bank 3111 Martin Luther King Boulevard Fayetteville, AR 72701 Full Service B&M $42,637
Simmons Bank 3131 Shields Boulevard Oklahoma City, OK 73126 Full Service B&M $41,464
Simmons Bank 347 West Church Street Lexington, TN 38351 Full Service B&M $54,023
Simmons Bank 3607 South Houston Levee Road Collierville, TN 38017 Full Service B&M $41,896
Simmons Bank 3641 Matlock Rd Arlington, TX 76015 Full Service B&M $100,157
Simmons Bank 3737 Sw Loop 820 Fort Worth, TX 76133 Full Service B&M $153,654
Simmons Bank 3803 Camden Road, Ste 30 Pine Bluff, AR 71603 Full Service B&M $97,416
Simmons Bank 3901 Camp Robinson Road North Little Rock, AR 72118 Full Service B&M $26,542
Simmons Bank 3975 West New Hope Road Rogers, AR 72758 Full Service B&M $38,412
Simmons Bank 400 Highway 65 South Dumas, AR 71639 Full Service B&M $63,485
Simmons Bank 401 East 4th Street Lockwood, MO 65682 Full Service B&M $64,812
Simmons Bank 401 South Main Searcy, AR 72143 Full Service B&M $109,331
Simmons Bank 500 Corporate Center Drive Franklin, TN 37067 Full Service B&M $32,482
Simmons Bank 500 E Mt Vernon Blvd Mount Vernon, MO 65712 Full Service B&M $54,623
Simmons Bank 500 West Grand Avenue Chickasha, OK 73018 Full Service B&M $63,034
Simmons Bank 501 Main Street Pine Bluff, AR 71601 Limited, Drive-thru $0
Simmons Bank 501 S Main St Pine Bluff, AR 71601 Full Service B&M $1,469,770
Simmons Bank 501 West Washington Jonesboro, AR 72401 Full Service B&M $89,173
Simmons Bank 521 East Main Street Charleston, AR 72933 Full Service B&M $63,993
Simmons Bank 524 N. Main Street South Hutchinson, KS 67505 Full Service B&M $22,775
Simmons Bank 535 South Timberlane Drive El Dorado, AR 71730 Full Service B&M $54,798
Simmons Bank 5384 Poplar Avenue, Suite 200 Memphis, TN 38119 Full Service B&M $95,817
Simmons Bank 5401 S. Lindbergh Blvd Saint Louis, MO 63123 Full Service B&M $98,444
Simmons Bank 5500 Kavanaugh Boulevard Little Rock, AR 72207 Full Service B&M $116,358
Simmons Bank 7324 Rogers Avenue Fort Smith, AR 72903 Full Service B&M $38,256
Simmons Bank 551 Southwest Wilshire Burleson, TX 76028 Full Service B&M $96,170
Simmons Bank 5601 South University Little Rock, AR 72209 Full Service B&M $46,239
Simmons Bank 5739 Telegraph Road Saint Louis, MO 63129 Full Service B&M $81,890
Simmons Bank 5950 Berkshire Ln, Ste 400 Dallas, TX 75225 Full Service B&M $295,503
Simmons Bank 600 Salem Road Conway, AR 72034 Full Service B&M $115,798
Simmons Bank 601 E 3rd St Little Rock, AR 72201 Full Service Cyber Office $177,707
Simmons Bank 601 East Third Street Little Rock, AR 72201 Limited, Administrative $0
Simmons Bank 605 South Broadway Street South Fulton, TN 38257 Full Service B&M $16,884
Simmons Bank 608 South Main Street Stillwater, OK 74074 Full Service B&M $228,191
Simmons Bank 6100 Mexico Road Saint Peters, MO 63376 Full Service B&M $75,656
Simmons Bank 611 Big Bend Road Manchester, MO 63021 Full Service B&M $62,523
Simmons Bank 612 South Main Street Hamburg, AR 71646 Full Service B&M $47,602
Simmons Bank 740 South Saginaw Boulevard Saginaw, TX 76179 Full Service B&M $109,436
Simmons Bank 741 South Main Street Middleton, TN 38052 Full Service B&M $52,089
Simmons Bank 800 North Arkansas Avenue Russellville, AR 72801 Full Service B&M $121,325
Simmons Bank 800 Ozark Cabool, MO 65689 Full Service B&M $19,989
Simmons Bank 801 East Broadway Columbia, MO 65201 Full Service B&M $335,090
Simmons Bank 805 New Highway 68 West Sweetwater, TN 37874 Full Service B&M $63,163
Simmons Bank 8083 Watson Road Webster Groves, MO 63119 Full Service B&M $24,892
Simmons Bank 809 West Market Street Bolivar, TN 38008 Full Service B&M $77,061
Simmons Bank 8107 Dollarway Road White Hall, AR 71602 Full Service B&M $135,088
Simmons Bank 8151 Clayton Road Saint Louis, MO 63117 Full Service B&M $274,469
Simmons Bank 818 Thompson Boulevard Sedalia, MO 65301 Full Service B&M $95,347
Simmons Bank 8415 East 21st Street, Suite 150 Wichita, KS 67206 Full Service B&M $108,361
Simmons Bank 900 West Main Street Durant, OK 74701 Full Service B&M $45,465
Simmons Bank 109 East Nifong Boulevard Columbia, MO 65203 Full Service B&M $147,867
Simmons Bank 1100 Rogers Street Clarksville, AR 72830 Full Service B&M $54,782
Simmons Bank 111 North 8th Street Rogers, AR 72756 Full Service B&M $48,401
Simmons Bank 111 West Main Street Tishomingo, OK 73460 Full Service B&M $78,151
Simmons Bank 1112 East California Street Gainesville, TX 76240 Full Service B&M $66,719
Simmons Bank 11300 Highway 51 South Atoka, TN 38004 Full Service B&M $68,976
Simmons Bank 1135 Nashville Pike Gallatin, TN 37066 Full Service B&M $300,575
Simmons Bank 115 West Washington Avenue Union City, TN 38261 Limited, Administrative $0
Simmons Bank 11525 Financial Center Parkway Little Rock, AR 72211 Full Service B&M $100,916
Simmons Bank 117 Boyer Avenue Lincoln, AR 72744 Full Service B&M $64,669
Simmons Bank 117 Raymond Hirsch Pkwy White House, TN 37188 Full Service B&M $71,897
Simmons Bank 11781 Manchester Road Des Peres, MO 63131 Full Service B&M $60,585
Simmons Bank 1411 South Walton Boulevard Bentonville, AR 72712 Full Service B&M $41,607
Simmons Bank 1414 East Primrose Springfield, MO 65804 Full Service B&M $65,408
Simmons Bank 142 East Main Street Sharon, TN 38255 Full Service B&M $54,551
Simmons Bank 1431 Albert Pike Hot Springs, AR 71913 Full Service B&M $97,307
Simmons Bank 1458 South Sam Houston Boulevard Houston, MO 65483 Full Service B&M $106,060
Simmons Bank 1500 South Utica Avenue Tulsa, OK 74104 Full Service B&M $220,745
Simmons Bank 1519 East Main Street Brownsville, TN 38012 Limited, Drive-thru $0
Simmons Bank 1540 State Highway 248 Branson, MO 65616 Full Service B&M $54,653
Simmons Bank 15670 W. 135th Olathe, KS 66062 Full Service B&M $68,178
Simmons Bank 1601 South Kelly Avenue Edmond, OK 73013 Full Service B&M $176,546
Simmons Bank 1603 Lbj Freeway Farmers Branch, TX 75234 Full Service B&M $130,079
Simmons Bank 1612 South Congress Parkway Athens, TN 37303 Full Service B&M $147,910
Simmons Bank 1616 East Arlington Street Ada, OK 74820 Full Service B&M $525,125
Simmons Bank 2050 Hall Johnson Road Grapevine, TX 76051 Full Service B&M $86,669
Simmons Bank 20622 Arch Street, Suite 5 Hensley, AR 72065 Full Service B&M $87,035
Simmons Bank 208 East Taliaferro Street Madill, OK 73446 Limited, Drive-thru $0
Simmons Bank 208 South White Street Athens, TN 37303 Full Service B&M $113,891
Simmons Bank 210 N West Bypass Avenue Springfield, MO 65802 Full Service B&M $70,033
Simmons Bank 21159 Main Street Reeds Spring, MO 65737 Full Service B&M $62,173
Simmons Bank 2200 W 7th Ste 112 Fort Worth, TX 76107 Full Service B&M $146,813
Simmons Bank 2201 Midtown Lane Fort Worth, TX 76104 Full Service B&M $122,723
Simmons Bank 2305 Zero Street Fort Smith, AR 72906 Full Service B&M $76,283
Simmons Bank 2310 Parr Avenue Dyersburg, TN 38024 Full Service B&M $66,882
Simmons Bank 2311 West 7th Street Joplin, MO 64801 Full Service B&M $11,866
Simmons Bank 2350 Malvern Avenue Hot Springs, AR 71901 Full Service B&M $75,106
Simmons Bank 2350 South Range Line Road Joplin, MO 64804 Full Service B&M $128,176
Simmons Bank 2401 Crestwood Road North Little Rock, AR 72116 Full Service B&M $113,990
Simmons Bank 2455 Highway K O Fallon, MO 63368 Full Service B&M $58,125
Simmons Bank 2523 North Classen Blvd. Oklahoma City, OK 73106 Full Service B&M $63,180
Simmons Bank 2525 N. Commerce Street Ardmore, OK 73401 Full Service B&M $109,855
Simmons Bank 2601 South Hulen Street Fort Worth, TX 76109 Full Service B&M $120,620
Simmons Bank 2611 University Boulevard Durant, OK 74701 Full Service B&M $32,055
Simmons Bank 2628 North Central Avenue Humboldt, TN 38343 Full Service B&M $130,487
Simmons Bank 2628 West 28th Avenue Pine Bluff, AR 71603 Full Service B&M $87,447
Simmons Bank 2675 Westglen Farms Dr Wildwood, MO 63011 Full Service B&M $12,596
Simmons Bank 2711 Olive Street Pine Bluff, AR 71603 Full Service B&M $54,934
Simmons Bank 2800 Kavanaugh Boulevard Little Rock, AR 72205 Full Service B&M $136,063
Simmons Bank 2809 East Sunshine Springfield, MO 65804 Full Service B&M $76,028
Simmons Bank 4033 North Shiloh Drive Fayetteville, AR 72703 Full Service B&M $63,974
Simmons Bank 4100 International Plz, Ste 900 Fort Worth, TX 76109 Full Service B&M $0
Simmons Bank 414 Oak Street Conway, AR 72032 Full Service B&M $82,263
Simmons Bank 4200 Rogers Avenue Fort Smith, AR 72903 Full Service B&M $38,333
Simmons Bank 4220 North Rodney Parham Road Little Rock, AR 72212 Full Service B&M $118,637
Simmons Bank 425 West Capitol Little Rock, AR 72201 Full Service B&M $373,848
Simmons Bank 4301 Manchester Avenue Saint Louis, MO 63110 Full Service B&M $161,070
Simmons Bank 4420 Dollarway Road Pine Bluff, AR 71602 Full Service B&M $10,158
Simmons Bank 4625 South National Avenue Springfield, MO 65810 Full Service B&M $92,085
Simmons Bank 473 Hwy 425 N Monticello, AR 71655 Full Service B&M $59,919
Simmons Bank 480 Oil Well Road Jackson, TN 38305 Full Service B&M $123,509
Simmons Bank 4809 Camp Bowie Blvd Fort Worth, TX 76107 Full Service B&M $122,588
Simmons Bank 6301 Waterford Boulevard, Suite 101 Oklahoma City, OK 73118 Full Service B&M $167,867
Simmons Bank 6712 Baseline Road Little Rock, AR 72209 Full Service B&M $62,633
Simmons Bank 695 East Farm Road 120 Pottsboro, TX 75076 Full Service B&M $12,889
Simmons Bank 700 N. Hwy 377 Whitesboro, TX 76273 Full Service B&M $64,669
Simmons Bank 701 W. Mt. Vernon Nixa, MO 65714 Full Service B&M $45,088
Simmons Bank 710 S. Foothills Plaza Drive Maryville, TN 37801 Full Service B&M $63,087
Simmons Bank 711 Southwest Drive Jonesboro, AR 72401 Full Service B&M $104,837
Simmons Bank 7151 Natural Bridge Road Saint Louis, MO 63121 Full Service B&M $73,614
Simmons Bank 720 East Peyton Street Sherman, TX 75090 Full Service B&M $195,435
Simmons Bank 7200 W. University Dr., Ste. 110 Mckinney, TX 75071 Full Service B&M $2,802
Simmons Bank 728 North Highway 65 Lake Village, AR 71653 Full Service B&M $117,310
Simmons Bank 7308 Northwest Expressway Oklahoma City, OK 73132 Full Service B&M $19,666
Simmons Bank 901 N Asu Blvd Beebe, AR 72012 Full Service B&M $6,158
Simmons Bank 921 North Eight Street Gunter, TX 75058 Full Service B&M $53,246
Simmons Bank 924 Broadway At I-630 Little Rock, AR 72201 Limited, Drive-thru $0
Simmons Bank 925 East U.S. Business Highway 60-63 Willow Springs, MO 65793 Full Service B&M $57,073
Simmons Bank 9420 Manchester Road Saint Louis, MO 63119 Full Service B&M $98,856
Simmons Bank 9652 Strong Highway Strong, AR 71765 Full Service B&M $31,014
Simmons Bank 9769 Olive Boulevard Saint Louis, MO 63132 Full Service B&M $91,051
Simmons Bank 985 Wentzville Parkway Wentzville, MO 63385 Full Service B&M $50,191
Simmons Bank 9921 South Pennsylvania Avenue Oklahoma City, OK 73159 Full Service B&M $45,673
Simmons Bank 9945 Watson Road Saint Louis, MO 63126 Full Service B&M $18,996
Simmons Bank Highway 411 North Madisonville, TN 37354 Full Service B&M $104,370
Simmons Bank N Crossover Road Fayetteville, AR 72703 Full Service B&M $60,713
Simmons Bank 100 East Reelfoot Avenue Union City, TN 38261 Full Service B&M $136,992
Simmons Bank 100 N Hester Street Suite 056 Stillwater, OK 74078 Full Service B&M $82,936
Simmons Bank 100 Werner Street Hot Springs, AR 71913 Full Service B&M $85,297

For 2021, Simmons Bank had 205 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $671,018
Net interest income $610,499
Total noninterest income $196,983
Gross Fiduciary activities income $28,308
Service charges on deposit accounts $43,232
Trading account gains and fees $0
Additional Noninterest Income $125,443
Pre-tax net operating income $357,951
Securities gains (or losses, -) $15,741
Income before extraordinary items $301,113
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $301,113
Minority interest net income $0
Net income $301,113
Sale, conversion, retirement of capital stock, net $0
Net operating income $288,362

Simmons Bank's gross interest income from loans was $671,018,000.
Simmons Bank's net interest income from loans was $610,499,000.
Simmons Bank's fee based income from loans was $43,232,000.
Simmons Bank's net income from loans was $301,113,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $60,519
Provision for credit losses $-32,704
Total noninterest expense $482,235
Salaries and employee benefits $250,112
Premises and equipment expense $57,233
Additional noninterest expense $174,890
Applicable income taxes $72,579
Net charge-offs $14,959
Cash dividends $225,835

Simmons Bank's interest expense for loans was $60,519,000.
Simmons Bank's payroll and benefits expense were $250,112,000.
Simmons Bank's property, plant and equipment expenses $57,233,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 0.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.4%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $19,550,035
Deposits held in domestic offices $19,550,035
Deposits by Individuals, partnerships, and corporations $16,260,108
Deposits by U.S. Government $622
Deposits by States and political subdivisions in the U.S. $3,037,245
Deposits by Commercial banks and other depository institutions in U.S. $252,060
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $10,674,389
Demand deposits $5,920,415
Nontransaction accounts $8,875,646
Money market deposit accounts (MMDAs) $5,184,617
Other savings deposits (excluding MMDAs) $1,238,312
Total time deposits $2,452,717
Total time and savings deposits $13,629,620
Noninterest-bearing deposits $5,508,549
Interest-bearing deposits $14,041,486
Retail deposits $18,309,337
IRAs and Keogh plan accounts $381,821
Brokered deposits $465,967
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $24,685,744
Cash & Balances due from depository institutions $1,649,318
Interest-bearing balances $1,440,136
Total securities $8,650,011
Federal funds sold & reverse repurchase $0
Net loans and leases $11,840,916
Loan and leases loss allowance $205,329
Trading account assets $0
Bank premises and fixed assets $437,150
Other real estate owned $4,544
Goodwill and other intangibles $1,252,108
All other assets $851,697

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $24,685,744
Total Liabilities $21,261,825
Total deposits $19,550,035
Interest-bearing deposits $14,041,486
Deposits held in domestic offices $19,550,035
% insured (estimated) $62
Federal funds purchased and repurchase agreements $185,403
Trading liabilities $0
Other borrowed funds $1,364,872
Subordinated debt $0
All other liabilities $161,515

Issued Loan Types

Type Value (in 000's)
Net loans and leases $11,840,916
Loan and leases loss allowance $205,329
Total loans and leases (domestic) $12,046,245
All real estate loans $9,204,868
Real estate loans in domestic offices $9,204,868
Construction and development loans $1,326,433
Residential 1-4 family construction $288,801
Other construction, all land development and other land $1,037,632
Loans secured by nonfarm nonresidential properties $4,940,022
Nonfarm nonresidential secured by owner-occupied properties $1,434,870
Commercial real estate & other non-farm, non-residential $3,505,152
Multifamily residential real estate $470,292
1-4 family residential loans $2,116,640
Farmland loans $351,481
Loans held in foreign offices $0
Farm loans $169,122
Commercial and industrial loans $2,013,740
To non-U.S. addressees $0
Loans to individuals $284,693
Credit card loans $160,575
Related Plans $23,567
Consumer Auto Loans $48,547
Other loans to individuals $52,004
All other loans & leases $373,822
Loans to foreign governments and official institutions $0
Other loans $281,065
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $3,890
Non 1-4 family restructured loans & leases $1,202
Total loans and leases (foreign) $0

Simmons Bank had $11,840,916,000 of loans outstanding in 2021. $9,204,868,000 of loans were in real estate loans. $1,326,433,000 of loans were in development loans. $470,292,000 of loans were in multifamily mortgage loans. $2,116,640,000 of loans were in 1-4 family mortgage loans. $169,122,000 of loans were in farm loans. $160,575,000 of loans were in credit card loans. $48,547,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 2,637 $594,931 $225,609
Nonfarm, nonresidential loans - <$100k 553 $21,211 $38,356
Nonfarm, nonresidential loans - $100-250k 823 $96,433 $117,173
Nonfarm, nonresidential loans - $250k-1MM 1,261 $477,287 $378,499
Commercial & Industrial, US addressed loans - <$1MM 6,156 $455,894 $74,057
Commercial & Industrial, US addressed loans - <$100k 4,107 $83,218 $20,262
Commercial & Industrial, US addressed loans - $100-250k 991 $92,017 $92,853
Commercial & Industrial, US addressed loans - $250k-1MM 1,058 $280,659 $265,273
Farmland loans - <$1MM 1,294 $134,427 $103,885
Farmland loans - <$100k 606 $22,772 $37,578
Farmland loans - $100-250k 467 $53,787 $115,176
Farmland loans - $250k-1MM 221 $57,868 $261,846
Agriculture operations loans - <$1MM 1,164 $47,679 $40,961
Agriculture operations loans - <$100k 909 $18,050 $19,857
Agriculture operations loans - $100-250k 172 $15,080 $87,674
Agriculture operations loans - $250k-1MM 83 $14,549 $175,289