Simmons Bank

Simmons Bank Celebrates 120 Years of Service

Retrieved on: 
Thursday, March 23, 2023

PINE BLUFF, Ark., March 23, 2023 /PRNewswire/ -- On March 23, Simmons Bank celebrates its 120th year of providing financial products and services to individuals and businesses in the communities it serves. To recognize this significant anniversary, Simmons Bank has introduced a 120-year medallion that will be used in conjunction with its logo.

Key Points: 
  • To recognize this significant anniversary, Simmons Bank has introduced a 120-year medallion that will be used in conjunction with its logo.
  • "Simmons Bank was built on a strong foundation and conservative discipline that has allowed us forge long-lasting relationships and trust with our customers that in many cases extend for generations," said George Makris, Jr. executive chairman of Simmons Bank.
  • To commemorate this key milestone, Simmons Bank is providing 120 associates with $120 each to make a meaningful donation in their local community.
  • According to FDIC deposit market share data as of June 30, 2022, Simmons Bank ranks as the 2nd largest bank in Arkansas, the 8th largest bank in Tennessee, the 9th largest bank in Missouri and the 11th largest bank in Oklahoma.

Simmons Bank Celebrates Grand Opening of New Regional Office and Branch in the Crescent Center

Retrieved on: 
Wednesday, March 22, 2023

MEMPHIS, Tenn., March 22, 2023 /PRNewswire/ -- Simmons Bank is celebrating the grand opening of the new regional corporate office and financial center with a ribbon-cutting.

Key Points: 
  • MEMPHIS, Tenn., March 22, 2023 /PRNewswire/ -- Simmons Bank is celebrating the grand opening of the new regional corporate office and financial center with a ribbon-cutting.
  • Located at 6075 Poplar Avenue, the 5,500 square-foot branch opened on February 23, 2023 and the renovated 22,000 square-foot office opened December 12, 2022.
  • More than 60 Simmons Bank associates work in the Crescent Center financial center and regional office.
  • Simmons Bank is completing renovations on a new financial center located at 4134 Elvis Presley Blvd.

HUGOTON ROYALTY TRUST ANNOUNCES RESULTS OF SPECIAL MEETING

Retrieved on: 
Friday, February 24, 2023

DALLAS, Feb. 24, 2023 /PRNewswire/ -- Hugoton Royalty Trust (OTCQB: HGTXU) (the "Trust") today announced that, at a special meeting of the Trust's unitholders held February 23, 2023, the unitholders of the Trust voted to approve the appointment of Argent Trust Company as successor trustee to serve as trustee of the Trust once the resignation of Simmons Bank, the current Trustee of the Trust, takes effect.

Key Points: 
  • DALLAS, Feb. 24, 2023 /PRNewswire/ -- Hugoton Royalty Trust (OTCQB: HGTXU) (the "Trust") today announced that, at a special meeting of the Trust's unitholders held February 23, 2023, the unitholders of the Trust voted to approve the appointment of Argent Trust Company as successor trustee to serve as trustee of the Trust once the resignation of Simmons Bank, the current Trustee of the Trust, takes effect.
  • The proposal regarding related amendments to the indenture of the Trust did not receive sufficient votes for approval.
  • The effective date of the Trustee's resignation will depend on the satisfaction or waiver of the conditions set forth in the Trustee's notice of resignation and the Trust's definitive proxy statement, including approval of amendments to the Trust indenture (whether by unitholder approval or a court) necessary to permit Argent to serve as successor trustee.

Simmons Bank Announces the Addition of Richard Hughes as Treasurer

Retrieved on: 
Tuesday, February 14, 2023

PINE BLUFF, Ark., Feb. 14, 2023 /PRNewswire/ -- Simmons Bank announced the addition of Richard Hughes as executive vice president and treasurer. Hughes will report to president and CFO Jay Brogdon and will be responsible for all Simmons Bank corporate treasury activities, including balance sheet management, investment portfolio, liquidity risk and funding, interest rate risk and capital planning. In addition, he will also have responsibility for financial planning and analysis, budgeting and forecasting.

Key Points: 
  • PINE BLUFF, Ark., Feb. 14, 2023 /PRNewswire/ -- Simmons Bank announced the addition of Richard Hughes as executive vice president and treasurer.
  • Richard brings a wealth of knowledge, experience and leadership skills to an already strong finance team at Simmons Bank
    "We're excited to add someone with Richard's experience to our executive management team at Simmons Bank," said Brogdon.
  • "Richard is a seasoned treasury veteran who brings a wealth of knowledge, experience and leadership skills to an already strong finance team at Simmons Bank.
  • Prior to joining Simmons Bank, Hughes most recently served as executive vice president, Treasury Division, at BBVA USA with oversight over various treasury functions and the liquidity position of the $100 billion asset bank.

Simmons First National Corporation Announces Fourth Quarter 2022 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, December 20, 2022

PINE BLUFF, Ark., Dec. 20, 2022 /PRNewswire/ -- Simmons First National Corporation (NASDAQ: SFNC) today announced it is scheduled to release fourth quarter 2022 earnings prior to the market opening on Tuesday, January 24, 2023.

Key Points: 
  • PINE BLUFF, Ark., Dec. 20, 2022 /PRNewswire/ -- Simmons First National Corporation (NASDAQ: SFNC) today announced it is scheduled to release fourth quarter 2022 earnings prior to the market opening on Tuesday, January 24, 2023.
  • Management will conduct a live conference call to review this information beginning at 9:00 a.m. Central Time on Tuesday, January 24.
  • Interested parties can listen to the call by dialing toll-free 1-844-481-2779 (North America only) and asking for the Simmons First National Corporation conference call, conference ID 10174103.
  • Simmons First National Corporation (NASDAQ: SFNC) is a Mid-South based financial holding company that has paid cash dividends to its shareholders for 113 consecutive years.

SIMMONS FIRST NATIONAL CORPORATION AND SIMMONS BANK ANNOUNCE CERTAIN EXECUTIVE MANAGEMENT UPDATES

Retrieved on: 
Monday, December 19, 2022

PINE BLUFF, Ark., Dec. 19, 2022 /PRNewswire/ -- Simmons First National Corporation (NASDAQ: SFNC) ("Company") and Simmons Bank ("Bank," and together with the Company, "Simmons") today announced changes to certain executive management roles.

Key Points: 
  • PINE BLUFF, Ark., Dec. 19, 2022 /PRNewswire/ -- Simmons First National Corporation (NASDAQ: SFNC) ("Company") and Simmons Bank ("Bank," and together with the Company, "Simmons") today announced changes to certain executive management roles.
  • George Makris, Jr., Simmons' current chairman and chief executive officer, will assume the role of full-time executive chairman of Simmons.
  • Robert "Bob" Fehlman, Simmons' current president and chief operating officer, will assume the role of chief executive officer of Simmons.
  • James "Jay" Brogdon, Simmons' current executive vice president and chief financial officer, will assume the role of president and chief financial officer of Simmons.

Simmons Bank and City of Stillwater in Advanced Negotiations for $1.5 Million Donation to Support Block 34

Retrieved on: 
Thursday, December 8, 2022

STILLWATER, Okla., Dec. 8, 2022 /PRNewswire/ -- Simmons Bank announced today that it is in advanced negotiations with the City of Stillwater regarding a donation to support Block 34, an initiative designed to revitalize a vacant city block into an inclusive and sustainable public space that reflects the cultural heart and soul of the community. Based on preliminary discussions, the donation is expected to total approximately $1.5 million, subject to the execution of a mutually acceptable definitive agreement.

Key Points: 
  • STILLWATER, Okla., Dec. 8, 2022 /PRNewswire/ -- Simmons Bank announced today that it is in advanced negotiations with the City of Stillwater regarding a donation to support Block 34, an initiative designed to revitalize a vacant city block into an inclusive and sustainable public space that reflects the cultural heart and soul of the community.
  • Based on preliminary discussions, the donation is expected to total approximately $1.5 million, subject to the execution of a mutually acceptable definitive agreement.
  • "Being a strong business partner and investing in the communities where we live and work is ingrained in our DNA at Simmons Bank," said Kevin Fowler, regional community president for Simmons Bank.
  • Simmons Bank entered the Stillwater market through its acquisition of Bank SNB in 2017.

Simmons Bank and Simmons First Foundation Donate $100,000 to Central Arkansas Fellowship of Christian Athletes

Retrieved on: 
Thursday, December 1, 2022

PINE BLUFF, Ark., Dec. 1, 2022 /PRNewswire/ -- Simmons Bank and Simmons First Foundation presented Central Arkansas Fellowship of Christian Athletes (FCA) with a $100,000 donation. The gift will fund additional representatives for FCA in Jefferson County, provide scholarships for middle and high school student athletes to attend FCA camps and provide supplies for programs and events throughout the year.

Key Points: 
  • Gift provides support for additional staff, camp scholarships and supplies
    PINE BLUFF, Ark., Dec. 1, 2022 /PRNewswire/ --Simmons Bank and Simmons First Foundation presented Central Arkansas Fellowship of Christian Athletes (FCA) with a $100,000 donation.
  • "Today, young people are facing challenges in greater frequency," said Mark Miller, multi-area director of Central Arkansas Fellowship of Christian Athletes.
  • Support from partners like Simmons Bank and the Simmons First Foundation will inspire young lives and create deeper community engagement."
  • "Simmons First Foundation and Simmons Bank are proud to support our community with a gift to Central Arkansas FCA," said Shannon Morgan of Simmons First Foundation.

Simmons Bank Donates $50,000 to Junior Achievement

Retrieved on: 
Tuesday, November 29, 2022

LITTLE ROCK, Ark., Nov. 29, 2022 /PRNewswire/ -- Simmons Bank donated $50,000 to Junior Achievement USA (JA USA) at the Simmons River Market Building in Little Rock this week. The donation was made in recognition of the more than 6,400 volunteer hours associates donated to their local communities during Simmons Bank's September Service Month. The gift will fund work-readiness and financial literacy skills for children across Simmons Bank's six-state footprint.

Key Points: 
  • LITTLE ROCK, Ark., Nov. 29, 2022 /PRNewswire/ --Simmons Bank donated $50,000 to Junior Achievement USA (JA USA) at the Simmons River Market Building in Little Rock this week.
  • "Better Together is embedded into our culture at Simmons Bank," said Jena Compton, EVP, chief people officer at Simmons Bank.
  • Since 2015, Simmons Bank has donated more than $200,000 to Junior Achievement in honor of Simmons Bank Associates on Giving Tuesday.
  • The bank's $50,000 gift to JA USA will impact children in the following Simmons Bank communities:
    JA of Greater Kansas City (Kansas City, MO)
    Earlier this year, Simmons Bank provided temporary offices for Junior Achievement of Memphis.

Lovett Industrial Breaks Ground on 1.1 Million Square Foot Project in the Greater Dallas-Fort Worth Area

Retrieved on: 
Wednesday, November 16, 2022

Lovett Industrial, the Houston-based real estate investment firm, broke ground on Innovation Ridge Logistics Park, a three-building class A industrial business park consisting of 1.1 million square feet located in Forney, Texas.

Key Points: 
  • Lovett Industrial, the Houston-based real estate investment firm, broke ground on Innovation Ridge Logistics Park, a three-building class A industrial business park consisting of 1.1 million square feet located in Forney, Texas.
  • Construction began in September 2022 and will consist of three speculative buildings: an 817,538 square foot cross-dock facility, a 175,092 square foot single-load facility, and a 145,020 square foot single-load facility.
  • Innovation Ridge Logistics Park is Lovett Industrials fourth industrial development in the greater Dallas-Fort Worth area; other projects include Texport Logistics Center, Lovett 35 Logistics Park, and Trinity West Phase I, which comprise approximately 2.7 million square feet of completed space.
  • Lovett Industrial currently is active in 6 additional markets across the U.S. and has more than 8.5 million square feet of projects currently under construction companywide.