Revenue during the quarter went up marginally by 1.26 percent to $98.13 million from $96.91 million in the previous year period. Net interest income for the quarter rose 3.06 percent over the prior year period to $72.38 million. Non-interest income for the quarter rose 1.89 percent over the last year period to $30.06 million.

Simmons First National Corp. has made provision of $4.31 million for loan losses during the quarter, up 52.57 percent from $2.82 million in the same period last year.

Net interest margin contracted 37 basis points to 4.04 percent in the quarter from 4.41 percent in the last year period. Efficiency ratio for the quarter deteriorated to 60.92 percent from 58.73 percent in the previous year period. A rise in efficiency ratio suggests a fall in profitability.

"We are satisfied with our operating results during the first quarter," said George A. Makris Jr.,chairman and chief executive officer. "We continue to experience excellent loan growth throughout our market. While our core expense control remains relatively stable, our non-interest income experienced some usual seasonal declines along with a softer mortgage market during the first quarter. As we prepare for the $10 billion asset threshold, we have managed to offset most of our increases in audit and regulatory affairs expenses with economies gained because of our size and scale. "We are excited about our previously announced mergers. As we have indicated, Simmons Bank will enter new and very attractive markets as a result of the Bank SNB and Southwest Bank mergers and will be able to expand in our current markets with the First South Bank merger. We look forward to closing these mergers and integrating these new markets."

Deposits stood at $6,788.29 million as on Mar. 31, 2017, up 11.65 percent compared with $6,079.78 million on Mar. 31, 2016.

Noninterest-bearing deposit liabilities were $1,554.68 million or 22.90 percent of total deposits on Mar. 31, 2017, compared with $1,274.82 million or 20.97 percent of total deposits on Mar. 31, 2016.

Investments stood at $1,689.04 million as on Mar. 31, 2017, up 9.73 percent or $149.80 million from year-ago. Shareholders equity was at $1,170.89 million as on Mar. 31, 2017.

Return on average assets moved down 19 basis points to 1.07 percent in the quarter from 1.26 percent in the last year period. At the same time, return on average equity decreased 118 basis points to 7.69 percent in the quarter from 8.87 percent in the last year period.

Nonperforming assets moved up 4.46 percent or $3.41 million to $79.92 million on Mar. 31, 2017 from $76.51 million on Mar. 31, 2016. Meanwhile, nonperforming assets to total assets was 0.93 percent in the quarter, down from 1.02 percent in the last year period.