SFNC — what changed in the latest 10-Q
A section-by-section comparison of SFNC's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-11-04 vs the prior 10-Q · 2026-08-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +16 | −13 | ~64 | 65 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~6 | 13 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 1 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | Some risk factors updated | 0 | 0 | ~1 | 8 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-11-04
Total loans were $17.46 billion at September 30, 2026, compared to $17.49 billion at December 31, 2025. Our unfunded commitments were $4.36 billion and $3.87 billion as of September 30, 2026 and December 31, 2025, respectively. Our commercial loan pipeline totaled $1.26 billion as of September 30, 2…
During the third quarter of 2026, we announced a series of strategic actions focused on improving operational efficiency, growth and profitability by transforming our operating model, and particularly by simplifying our organizational structure, streamlining our processes and enhancing our use of te…
As part of the Initiatives, during the third quarter of 2026, we announced the closure of 26 Simmons Bank branches across our six-state footprint (“Branch Closures”). The Branch Closures are expected to be effective on December 4, 2026. In connection with the Branch Closures, we expect to incur aggr…
We expect the Initiatives to reduce our noninterest expense over time and, as a result, positively impact our pre-provision net revenue (“PPNR”), although we may reinvest a portion of any resulting savings into strategic growth initiatives. The timing, scope, and magnitude of any such reinvestments …
The $2.0 million decrease in interest expense is primarily due to the $6.1 million decrease in interest expense on deposits, primarily driven by a $5.3 million decrease in interest expense attributable to time deposit volume over the period, largely related to the balance sheet deleveraging of highe…
Text removed vs the prior filing · source: 10-Q · 2026-08-05
The $2.4 million increase in interest expense is primarily due to a $4.1 million increase in interest expense on other borrowings, primarily related to utilization of short term FLHB advances rather than brokered deposits given favorable pricing during the period. Partially offsetting the increase i…
Our net interest margin on a fully taxable equivalent basis was 3.84% for the three and six month periods ended June 30, 2026, as well as the three months ended March 31, 2026, 3.01% for the six months ended June 30, 2025. Net interest margin was consistent with the preceding sequential quarter, whi…
Increase (decrease) due to change in earning assets$2,690 $(30,326)
(Decrease) increase due to change in interest rates paid on interest bearing liabilities(1,195)40,695
Table 3 shows, for each major category of earning assets and interest bearing liabilities, the average (computed on a daily basis) amount outstanding, the interest earned or expensed on such amount and the average rate earned or expensed for the three months ended June 30, 2026 and March 31, 2026 an…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice