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Simmons First National SFNC Foreclosed Real Estate Expense
Foreclosed Real Estate Expense at other companies
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Where this comes from
Reported directly by Simmons First National in its filing.
Tagged under the XBRL concept us-gaap:ForeclosedRealEstateExpense.
The source filing: Simmons First National’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:01 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-053273
| (In thousands, except per share data) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Salaries and employee benefits | 75,590 | 73,862 | 151,475 | 148,686 |
| Occupancy expense, net | 14,715 | 11,844 | 26,933 | 24,495 |
| Furniture and equipment expense | 5,739 | 5,474 | 11,162 | 10,939 |
| Other real estate and foreclosure expense | 695 | 216 | 1,010 | 414 |
| Deposit insurance | 4,450 | 4,917 | 6,745 | 10,308 |
| Other operating expenses | 46,550 | 42,276 | 91,087 | 88,327 |
| TOTAL NONINTEREST EXPENSE | 147,739 | 138,589 | 288,412 | 283,169 |
| INCOME BEFORE INCOME TAXES | 83,393 | 63,644 | 169,463 | 101,844 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Simmons First National's foreclosed real estate expense?
- Simmons First National (SFNC) reported foreclosed real estate expense of $695K in Q2 2026.
- How has Simmons First National's foreclosed real estate expense changed year-over-year?
- Simmons First National's foreclosed real estate expense increased by 221.8% year-over-year, from $216K to $695K.
- What is the long-term trend for Simmons First National's foreclosed real estate expense?
- Over 4 years (2021 to 2025), Simmons First National's foreclosed real estate expense has grown at a -16.2% compound annual growth rate (CAGR), from $2.12M to $1.05M.
- What does foreclosed real estate expense mean?
- Includes costs associated with the maintenance, management, and eventual disposition of real estate acquired through foreclosure. This metric acts as a proxy for the severity of credit losses and the efficiency of the bank's asset recovery process. High levels of this expense indicate potential weaknesses in loan underwriting or regional economic distress.
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