Simmons Bank

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.{{cite web | url=https://www.fdic.gov/bank/individual/failed/truman.html | title=Failed Bank Information for Truman Bank, St. Louis, MO | publisher=Federal Deposit Insurance Corporation}}{{cite news | url=https://www.bizjournals.com/stlouis/news/2012/09/14/truman-bank-seized-sold-to-summit.html | title=Truman Bank seized, sold to Simmons First National Bank | first=Greg | last=Edwards | work=American City Business Journals | date=September 14, 2012}}

File:A_Simmons_Bank_location_in_Sweetwater,_Tennessee.jpg]]

In October 2012, the company acquired Excel Bank. In November 2013, the company acquired Metropolitan National Bank.{{cite press release | url=https://www.globenewswire.com/news-release/2013/11/25/592378/10059493/en/Simmons-First-Completes-Acquisition-of-Metropolitan-National-Bank.html | title=Simmons First Completes Acquisition of Metropolitan National Bank | publisher=Globe Newswire | date=November 25, 2013}} 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.{{cite press release | url=https://www.globenewswire.com/news-release/2015/02/27/711018/10122471/en/Simmons-First-National-Corporation-Completes-Acquisitions-of-Liberty-Bancshares-and-Community-First-Bancshares.html | title=Simmons First National Corporation Completes Acquisitions of Liberty Bancshares and Community First Bancshares | publisher=Globe Newswire | date=February 27, 2015}} In November 2015, the company acquired Ozark Trust and Investment Corp.{{cite news | url=https://www.bizjournals.com/wichita/morning_call/2015/11/simmons-completes-ozark-acquisition.html | title=Simmons completes Ozark acquisition | work=American City Business Journals | date=November 2, 2015}} In September 2016, the company acquired Citizens National Bank. In May 2017, the company acquired First South Bank.{{cite press release | url=https://www.globenewswire.com/news-release/2017/05/15/985156/0/en/Simmons-First-National-Corporation-Completes-Acquisition-of-Hardeman-County-Investment-Company-Inc.html | title=Simmons First National Corporation Completes Acquisition of Hardeman County Investment Company, Inc. | publisher=Globe Newswire | date=May 15, 2017}} In October 2017, the company acquired Southwest Bancorp, Inc. and First Texas BHC, Inc.{{cite press release | url=https://www.globenewswire.com/news-release/2017/10/19/1150740/0/en/Simmons-First-National-Corporation-Completes-Acquisitions-of-Southwest-Bancorp-Inc-and-First-Texas-BHC-Inc.html | title=Simmons First National Corporation Completes Acquisitions of Southwest Bancorp, Inc. and First Texas BHC, Inc. | publisher=Globe Newswire | date=October 19, 2017}} In April 2019, the company acquired Reliance Bancshares, Inc.{{cite press release | url=https://www.globenewswire.com/news-release/2019/04/15/1804181/0/en/Simmons-First-National-Corporation-Completes-Merger-of-Reliance-Bancshares-Inc.html | title=Simmons First National Corporation Completes Merger of Reliance Bancshares, Inc. | publisher=Globe Newswire | date=April 15, 2019}}

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. {{cite press release | url=https://www.columbiamissourian.com/news/local/landmark-bank-to-complete-merger-with-simmons-change-its-name/article_a124599c-4f59-11ea-b01c-c7f384e31076.html | title=Landmark Bank to complete merger with Simmons, change its name Tuesday | publisher=Columbia Missourian | date=February 14, 2020}} In November 2021, the company purchased Spirit of Texas Bancshares, with the acquisition completed and locations converted in April 2022.{{cite news | url=https://www.bankersdigest.com/arkansas-based-simmons-first-national-corp-completes-acquisition-and-conversion-of-spirit-of-texas-bancshares/ | title=Arkansas-based Simmons First National Corp. Completes Acquisition and Conversion of Spirit of Texas Bancshares | publisher=Bankers Digest | date=April 14, 2022}}

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• {{Official website|https://www.simmonsbank.com/}}

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Category:Banks based in Arkansas

Category:American companies established in 1903

Category:Banks established in 1903

Category:Companies based in Arkansas

Category:Companies listed on the Nasdaq

Category:1903 establishments in Arkansas