Simmons First National SFNC Number of loan modifications with payment default

The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty. There was one CRE loan, related to a downtown St. Louis hotel that was originated pre-pandemic, to a borrower experiencing financial difficulty with an amortized cost basis of $26.7 million, that was modified during the previous twelve months, which subsequently defaulted during 2025. This CRE loan was placed on nonaccrual status during the year and was ultimately charged off during the last quarter of 2025. During the year ended December 31, 2024, there was one commercial loan to a borrower experiencing financial difficulty that was modified during the twelve months and which subsequently defaulted during the year. A charge-off of $18,800 was recorded in relation to this commercial loan during 2024. In relation to loans modified to borrowers experiencing financial difficulty, the Company defines a payment default as a payment received more than 90 days after its due date.