Simmons First National Corporation
Simmons Bank is a bank with operations in Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. It is the primary subsidiary of Simmons First National Corporation, a bank holding company. History[edit]The bank was founded by physician Dr. John Franklin Simmons in Pine Bluff, Arkansas in 1903. In 1933, during the Great Depression, it was one of the first Arkansas banks to reopen after the federally imposed “bank holiday”. In 1967, the bank was the first in Arkansas to offer a credit card. On March 23, 1984, a customer (Mary Stone) withdrew $285 from an automated teller machine in Sydney, Australia in the first intercontinental transaction made ever via an ATM. In September 2012, in a transaction organized by the FDIC, the company acquired Truman Bank, which suffered from bank failure.[3][4] In October 2012, the company acquired Excel Bank. In November 2013, the company acquired Metropolitan National Bank.[5] The purchase included the Simmons Tower. In August 2014, the company acquired Delta Trust & Bank. In February 2015, the company acquired Liberty Bancshares and Community First Bancshares.[6] In November 2015, the company acquired Ozark Trust and Investment Corp.[7] In September 2016, the company acquired Citizens National Bank. In May 2017, the company acquired First South Bank.[8] In October 2017, the company acquired Southwest Bancorp, Inc. and First Texas BHC, Inc.[9] In April 2019, the company acquired Reliance Bancshares, Inc.[10] In July 2019, the company acquired Landmark Bank, Inc., a subsidiary of Landrum, the parent company, headquartered in Columbia, Missouri, for an estimated $434 million. The merger was finalized and marketing changes took place on February 18, 2020. [11] References[edit]
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What Bank did Simmons Bank Buyout?Simmons First National Corporation Completes Acquisition and Conversion of Spirit of Texas Bancshares, Inc.
What was Simmons Bank before?In 2010, Simmons First acquired the assets of Southwest Community Bank of Springfield, Missouri, and Security Savings Bank FSB of Olathe, Kansas, from the Federal Deposit Insurance Corporation (FDIC).
Where is Simmons Bank headquarters?Simmons Bank. Is Simmons Bank a good Bank?Simmons Bank is headquartered in Pine Bluff and is the largest bank in the state of Arkansas. It is also the 79th largest bank in the nation. It was established in 1903 and as of June of 2022, it had grown to 3,212 employees at 248 locations. Simmons Bank has an A+ health rating.
Is Simmons Bank a real Bank?Simmons Bank has been named to Forbes magazine's "World's Best Banks" list for a third year running.
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Simmons first national bank pine bluff ar
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