Simmons Bank

Established in 1903

About Simmons Bank

Simmons Bank was established on 1903. The bank's headquarters are located at 501 Main Street in Pine Bluff, Arkansas.

Simmons Bank is an FDIC insured bank with FDIC number 3890 managing assets to the value of $22,308,633 as of 12/31/2020.

Simmons Bank has a Texas ratio of 4.21%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

4.21%
Texas Ratio
FDIC Certificate #

3890

Active Insured Since #

1/1/1934

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $22,308,633
Equity Capital $3,146,076
Total Deposits $17,161,810
Total Liabilities $19,162,557
Total Securities $3,814,757
Net Loans And Leases $12,799,753
Loan Loss Allowance $238,046
Total Loans And Leases $13,037,799
YTD (as of 12/31/2020)
Return On Assets 1.30%
Return On Equity 8.92%
Total Interest Income $761,478
Total Interest Expense $100,451
Total Non Interest Income $204,404
Total Non Interest Expense $491,115

Headquarters

501 Main Street 71611, Pine Bluff

Simmons Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $13,037,799 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

Simmons Bank Mortgage Loans Profile

Classic Bank

72.71%

Application Approval Rate

Classic Bank

$188,213

Average Mortgage Loan Amount

Classic Bank

7,714

Number of Loan Applications

Classic Bank

$136,846

Average Income of Applicants with Approved Loans

Classic Bank

1.61%

Average Cost of Loans

Classic Bank

32.37%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Pulaski

Number of Loan Applications
725
Average Loan Amount
$207,267
Approval Rate
68.14%
Average Income of Approved Loans’ Applicants
$136,179

2 Craighead

Number of Loan Applications
304
Average Loan Amount
$156,557
Approval Rate
80.26%
Average Income of Approved Loans’ Applicants
$109,951

3 Greene

Number of Loan Applications
270
Average Loan Amount
$149,038
Approval Rate
77.04%
Average Income of Approved Loans’ Applicants
$81,166

4 Garland

Number of Loan Applications
238
Average Loan Amount
$138,224
Approval Rate
76.89%
Average Income of Approved Loans’ Applicants
$110,624

5 Washington

Number of Loan Applications
233
Average Loan Amount
$209,971
Approval Rate
75.11%
Average Income of Approved Loans’ Applicants
$116,255

6 Saline

Number of Loan Applications
228
Average Loan Amount
$172,661
Approval Rate
75.00%
Average Income of Approved Loans’ Applicants
$92,222

Top States by Number of Mortgage Loan Applications

1 Arkansas

Number of Loan Applications
3,362
Average Loan Amount
$164,707
Approval Rate
72.04%
Average Income of Approved Loans’ Applicants
$107,075

2 Tennessee

Number of Loan Applications
1,596
Average Loan Amount
$187,663
Approval Rate
70.36%
Average Income of Approved Loans’ Applicants
$191,860

3 Missouri

Number of Loan Applications
1,383
Average Loan Amount
$165,247
Approval Rate
73.25%
Average Income of Approved Loans’ Applicants
$101,319

4 Texas

Number of Loan Applications
555
Average Loan Amount
$302,875
Approval Rate
78.02%
Average Income of Approved Loans’ Applicants
$183,617

5 Oklahoma

Number of Loan Applications
500
Average Loan Amount
$214,091
Approval Rate
79.20%
Average Income of Approved Loans’ Applicants
$176,549

6 Kansas

Number of Loan Applications
154
Average Loan Amount
$211,346
Approval Rate
67.53%
Average Income of Approved Loans’ Applicants
$158,826