Simmons Bank


501 Main Street
Pine Bluff, AR 71611
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.25% →
1-Year CD 0.40% 0.71% →
2-Year CD 0.52% 0.81% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Simmons Bank is an FDIC insured institution located in Pine Bluff, AR. It was founded in 1903 and has approximately $21.39 billion in assets. Customers can open an account at one of its 192 branches.

FDIC Insured Yes
FDIC Certificate # 3890
Date Established 1903
Assets $ 21.39 billion
Loans $ 13.96 billion
Deposits $ 16.42 billion
Capital $ 3.11 billion

For a more detailed analysis of Simmons Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - January 27, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.05% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.35% $10,000 $14,999 Learn More
12 Mo CD
0.40% $100,000 $199,999 Learn More
18 Mo CD
0.40% $10,000 $14,999 Learn More
18 Mo CD
0.45% $100,000 $199,999 Learn More
24 Mo CD
0.50% $10,000 $14,999 Learn More
24 Mo CD
0.52% $100,000 $199,999 Learn More
36 Mo CD
0.70% $10,000 $14,999 Learn More
36 Mo CD
0.72% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 $99 Learn MoreShow Less
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - January 27, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Simmons Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Points Fees Monthly
Learn More
Morty, Inc.
NMLS ID: 1429243
2.355% 2.250% 1.00 $3,500 $956 Learn More
First Internet Bank
NMLS ID: 424182
2.650% 2.625% 0.38 $815 $1,005 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.563% 2.500% 0.88 $2,065 $988 Learn More
NMLS ID: 2890
License#: 13256
2.576% 2.500% 1.00 $2,500 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Simmons Bank
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Simmons Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Simmons Bank Locations

Financial Details

Simmons Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Simmons Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Simmons Bank U.S. Bank Average
5.4% 6.14%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2020, Simmons Bank had $169,073,000 in non-current loans and $12,590,000 in owned real estate. To cover these potential losses it had $3,113,243,000 in equity and $248,247,000 in loans loss reserves. That gives it a Texas Ratio of 5.4%.

Return on Equity
Simmons Bank U.S. Bank Average
9.42% 9.23%

Simmons Bank has a Return on Equity of 9.42% versus the BestCashCow average of 9.23%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Simmons Bank U.S. Bank Average
14.55% 12.07%

Simmons Bank has a Capitalization of 14.55% versus the BestCashCow average of 12.07. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Simmons Bank Balance Sheet Analysis

As of September 30, 2020, Simmons Bank had assets of $21,394,485,000, loans of $13,961,328,000, and deposits of $16,419,461,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2020
Cash & Balances due from depository institutions $ 2.52 billion
Interest-bearing balances $ 2.14 billion
Total securities $ 2.65 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 13.96 billion
Loan loss allowance $ 248.25 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 12.59 million
Goodwill and other intangibles $ 1,189.63 million
All other assets $ 647.04 million
     Total Assets $ 18.28 billion
Total deposits $ 16.42 billion
      Interest-bearing deposits $ 11.79 billion
      Deposits held in domestic offices $ 16.42 billion
      % insured (estimated) 65.01%
Federal funds purchased and repurchase agreements $ 313.69 million
Trading liabilities N.A.
Other borrowed funds $ 1,351.21 million
Subordinated debt N.A.
All other liabilities $ 196.88 million
      Total Liabilities $ 18.28 billion
      Shareholders’ Equity $ 3.11 billion

Summary Income Statement

September 30, 2020
Total Interest Income $ 582.04 million
Total Interest Expense $ 81.12 million
Net interest income $ 500.92 million
Provision for loan and lease losses $ 68.03 million
Total non interest income $ 156.90 million
Total non interest expense $ 361.50 million
Pre-tax Net Operating Income $ 228.29 million

Bank Loan Profile?

The top three loan types in Simmons Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Arkansas, Simmons Bank has a significantly higher percent of Credit Card Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 15.61
Credit Card Loans 1.17
Consumer Auto Loans 0.47
Small Business Loans 4.88
Construction and Development Loans 13.26
Commercial Real Estate 37.13
Commercial and Industrial Loans 20.94
Farm Loans 1.73

Frequently Asked Questions About Simmons Bank

Branches and Savings

Is Simmons Bank FDIC insured?

Yes. It is covered under FDIC Certificate #3890.

Why does Simmons Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Simmons Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Simmons Bank a commercial bank?


Where are Simmons Bank locations?

See branch locations nearby.

Is Simmons Bank open on Saturdays?

Is Simmons Bank open on Sundays?

What time does Simmons Bank open?

What time does Simmons Bank close?

Are Simmons Bank ATMs Open 24/7?

Do Simmons Bank ATMs accept cash deposits?

Can Simmons Bank customers use other ATMs?

Do Simmons Bank branches have notaries?

Will Simmons Bank notarize my document?

What address for Simmons Bank should I put for incoming ACH transfers?

Will the Simmons Bank branch print checks?

Do Simmons Bank checks expire?

Does Simmons Bank require US citizenship to open account?

Can Simmons Bank close my account?

Does Simmons Bank Report to credit bureaus?

Does Simmons Bank Use Equifax?

What is Simmons Bank's ACH Routing Number?

What is Simmons Bank's SWIFT code?


Does Simmons Bank offer mortgages?

Compare mortgage rates here.

Does Simmons Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Simmons Bank offer personal loans?

Compare personal loan rates here.

Does Simmons Bank offer student loans?

Will Simmons Bank cash a check?

Will Simmons Bank redeem a savings bond?

Does Simmons Bank cash savings bonds?

Will Simmons Bank cash money orders?

Can Simmons Bank issue a money order?

Does Simmons Bank do currency exchange?

Background on The Bank

Who owns Simmons Bank?

How long has Simmons Bank been around?

Can Simmons Bank transfer to other banks?

Does Simmons Bank have quick pay?

Does Simmons Bank accept rolled coins?

Will Simmons Bank accept loose change?

Where is Simmons Bank headquarters?

Customer Reviews for Simmons Bank

  • September 19, 2019

    CDs 36 Month Rates

    No Specials are being offered. These rates are wrong.

  • September 19, 2019

    CDs 12 Month Rates

    Rates are around 2.0

  • July 17, 2019

    CDs 12 Month Rates

    1 yr. rate is 2.25 not 2.45

  • July 17, 2019

    CDs 12 Month Rates

    1 yr. rate is 2.25 not 2.45

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