Simmons Bank

HUGOTON ROYALTY TRUST DECLARES NO MARCH CASH DISTRIBUTION

Retrieved on: 
Monday, March 21, 2022
Exercise, Sale, XTO Energy, Simmons Bank, Panel, Conveyance, Fraudulent conveyance, XTO, Income, Trustee, Annual report, Lawyer, Unit, Oil, Security (finance), Credit, Reinsurance, Life insurance, Tribal chief, Trust

Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.

Key Points: 
  • Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.
  • Execution of the purchase and sale agreement followed a process previously announced by the Trust whereby the Trustee had engaged a third party to market the Trust's assets.
  • As a result, Simmons Bank, the Trustee, is currently paying the expenses for the Trust, subject to its rights to be indemnified and reimbursed pursuant to the terms of the Trust indenture.
  • However, there is nothing in the Trust indenture that requires Simmons Bank to pay the expenses for the Trust.

Stay a Little Longer! MCR Acquires the Homewood Suites by Hilton in Downtown Little Rock

Retrieved on: 
Wednesday, March 9, 2022
Residential Building & Real Estate, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Vacation, Travel, Interior Design, Retail, Restaurant, Bar, Other Travel, Bank, One Bedroom, Head, Windstream Holdings, Family, Homewood Suites by Hilton, Arkansas River, MCR, Simmons Bank, Oval Office, Culture, Multimedia, Forbes Travel Guide, Population, Simmons Bank Arena, Wi-Fi, MP3, Natural State, Table, Commerce, The Walt Disney Company, River Market District (Little Rock, Arkansas), Bank OZK, Hotel, Ice

MCR the countrys 4th-largest hotel owner-operator has acquired the Homewood Suites by Hilton Little Rock Downtown , a six-story, extended-stay hotel with 116 suites in Arkansass state capitol.

Key Points: 
  • MCR the countrys 4th-largest hotel owner-operator has acquired the Homewood Suites by Hilton Little Rock Downtown , a six-story, extended-stay hotel with 116 suites in Arkansass state capitol.
  • View the full release here: https://www.businesswire.com/news/home/20220309005077/en/
    The Homewood Suites by Hilton Little Rock Downtown (Photo: Business Wire)
    Arkansas is also known as the Toothpick State, the Natural State and the Bear State, but whatever your state of mind, youll be glad you came.
  • Located on the banks of the Arkansas River, Little Rock is a rising hub for culture, cuisine and commerce in the Southeast, with a population of 200,000 people.
  • The Homewood Suites by Hilton Little Rock Downtown is located at 400 River Market Avenue and features:

Sabine Royalty Trust Unitholder Applauds Proposed Change in Trustee

Retrieved on: 
Wednesday, February 23, 2022
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Permian, MCF, STJ, Simmons Bank, Mineral, Letter, NYSE, SBR, LLC, Geography, BBL, Haynesville, BCF, Research, Geology, Cryptocurrency, Trustee, Trust, Argent

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Key Points: 
  • The Trustee of Sabine Royalty Trust (NYSE: SBR) (the Trust or SBR) has submitted its resignation as Trustee and has nominated Argent Trust Company as successor Trustee.
  • Sabine Royalty Trust is a 40-year-old minerals Trust that owns world class minerals and has an impressive track record of consistent production and reserve replacement.
  • STJ has no relationship with Trustee or proposed successor Trustee and is not soliciting proxies in respect of the unitholder vote on the matter.
  • We read the Trusts recent disclosure that Simmons Bank plans to resign as Trustee, nominate Argent Trust Company as successor Trustee, and submit the proposed change to the Trusts unitholders for approval.

HUGOTON ROYALTY TRUST DECLARES NO FEBRUARY CASH DISTRIBUTION

Retrieved on: 
Thursday, February 17, 2022
Trustee, Income, XTO, Conveyance, Annual report, XTO Energy, Unit, Sale, Panel, Lawyer, Fraudulent conveyance, Simmons Bank, Exercise, Oil, Security (finance), Credit, Reinsurance, Life insurance, Trust, Tribal chief

Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.

Key Points: 
  • Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.
  • Execution of the purchase and sale agreement followed a process previously announced by the Trust whereby the Trustee had engaged a third party to market the Trust's assets.
  • As a result, Simmons Bank, the Trustee, is currently paying the expenses for the Trust, subject to its rights to be indemnified and reimbursed pursuant to the terms of the Trust indenture.
  • However, there is nothing in the Trust indenture that requires Simmons Bank to pay the expenses for the Trust.

Simmons Receives Federal Reserve Approval for Pending Acquisition of Spirit of Texas Bancshares, Inc.

Retrieved on: 
Monday, February 7, 2022
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PINE BLUFF, Ark., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) (the Company or Simmons) announced today that the Federal Reserve Bank of St. Louis (Federal Reserve) has approved Simmons Banks application for its proposed acquisition of Spirit of Texas Bank SSB, the bank subsidiary of Spirit of Texas Bancshares, Inc. (Spirit), based in Conroe, Texas.

Key Points: 
  • PINE BLUFF, Ark., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) (the Company or Simmons) announced today that the Federal Reserve Bank of St. Louis (Federal Reserve) has approved Simmons Banks application for its proposed acquisition of Spirit of Texas Bank SSB, the bank subsidiary of Spirit of Texas Bancshares, Inc. (Spirit), based in Conroe, Texas.
  • The Federal Reserve also accepted Simmons waiver request with respect to its application for its proposed acquisition of Spirit.
  • We are pleased to receive Federal Reserve approval of our acquisition of Spirit that will accelerate our growth trajectory and drive long-term shareholder value, said George A. Makris, Jr., Simmons chairman and CEO.
  • Conversion of Spirit of Texas Bank SSB customer accounts into Simmons Bank is expected to take place immediately after closing.

Simmons First National Corporation Declares $0.19 Per Share Dividend

Retrieved on: 
Thursday, January 27, 2022
Simmons Bank, General Mills, Coca-Cola, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, PINE, Time, NASDAQ, Newsroom, Twitter, Achievement, Company, Risk, GLOBE, Holding company, Security (finance)

The cash dividend rate represents an increase of $0.01 per share, or 6 percent, from the dividend paid for the same time period last year.

Key Points: 
  • The cash dividend rate represents an increase of $0.01 per share, or 6 percent, from the dividend paid for the same time period last year.
  • The current quarterly cash dividend rate further represents an annualized cash dividend rate of $0.76 per share and a ten-year compound annual growth rate in the dividend of 7 percent.
  • Simmons First National Corporation (NASDAQ: SFNC) is a Mid-South based financial holding company whose principal subsidiary, Simmons Bank, operates 199 financial centers in Arkansas, Missouri, Tennessee, Texas, Oklahoma and Kansas.
  • Additional information about Simmons and Simmons Bank can be found on our website at simmonsbank.com , by following @Simmons_Bank on Twitter or by visiting our newsroom .

HUGOTON ROYALTY TRUST DECLARES NO JANUARY CASH DISTRIBUTION

Retrieved on: 
Friday, January 21, 2022
Income, Simmons Bank, XTO Energy, Exercise, Unit, Panel, XTO, Fraudulent conveyance, Conveyance, Trustee, Sale, Lawyer, Annual report, Bookkeeping, Oil, Security (finance), Credit, Reinsurance, Life insurance, Trust, Tribal chief

Because

Key Points: 
  • Because
    of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.
  • Execution of the purchase and sale agreement followed a process previously announced by the Trust whereby the Trustee had engaged a third party to market the Trust's assets.
  • As a result, Simmons Bank, the Trustee, is currently paying the expenses for the Trust, subject to its rights to be indemnified and reimbursed pursuant to the terms of the Trust indenture.
  • However, there is nothing in the Trust indenture that requires Simmons Bank to pay the expenses for the Trust.

TIDELANDS ROYALTY TRUST "B" ANNOUNCES FINAL DISTRIBUTION OF REMAINING LIQUID ASSETS

Retrieved on: 
Tuesday, January 18, 2022
Simmons Bank, Securities Exchange Act of 1934, OTC, Trust, Tidelands, Securities Act of 1933, Gulf of Mexico, Investment, Cryptocurrency

DALLAS, Jan. 18, 2022 /PRNewswire/ -- Simmons Bank, as Trustee ("Trustee") of the Tidelands Royalty Trust "B" (OTC PINK: TIRTZ) (the "Trust") is declaring a FINAL distribution of $0.205883 per unit representing the liquidation of all assets of the Trust to unitholders who hold units as of record date January 31, 2022.

Key Points: 
  • DALLAS, Jan. 18, 2022 /PRNewswire/ -- Simmons Bank, as Trustee ("Trustee") of the Tidelands Royalty Trust "B" (OTC PINK: TIRTZ) (the "Trust") is declaring a FINAL distribution of $0.205883 per unit representing the liquidation of all assets of the Trust to unitholders who hold units as of record date January 31, 2022.
  • The Trust was created December 2nd, 1953 holding certain overriding interests in certain leases in the Gulf of Mexico.
  • The only remaining assets were short-term investments residing with a subsidiary account and that is what is being distributed with this final distribution.
  • You should read statements that contain these words carefully because they discuss the expected final distribution.

Simmons First National Corporation Announces Fourth Quarter 2021 Earnings Release Date and Conference Call

Retrieved on: 
Monday, December 20, 2021
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PINE BLUFF, Ark., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Simmons First National Corp. (NASDAQ: SFNC) today announced it expects to release fourth quarter 2021 earnings prior to the market opening on Thursday, January 27, 2022.

Key Points: 
  • PINE BLUFF, Ark., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Simmons First National Corp. (NASDAQ: SFNC) today announced it expects to release fourth quarter 2021 earnings prior to the market opening on Thursday, January 27, 2022.
  • Management will conduct a live conference call to review this information beginning at 9:00 a.m. CDT on Thursday, January 27.
  • Interested parties can listen to the call by dialing toll-free 1-866-298-7926 (United States and Canada only) and asking for the Simmons First National Corp. conference call, conference ID 7373369.
  • Simmons First National Corporation (NASDAQ: SFNC) is a Mid-South based financial holding company whose principal subsidiary, Simmons Bank, operates more than 200 financial centers in Arkansas, Tennessee, Missouri, Texas, Oklahoma and Kansas.

HUGOTON ROYALTY TRUST DECLARES NO DECEMBER CASH DISTRIBUTION

Retrieved on: 
Monday, December 20, 2021
Unit, Lawyer, Conveyance, Exercise, Sale, XTO, Panel, Income, XTO Energy, Annual report, Simmons Bank, Trustee, Fraudulent conveyance, Oil, Security (finance), Credit, Reinsurance, Life insurance, Tribal chief, Trust

Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.

Key Points: 
  • Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.
  • Execution of the purchase and sale agreement followed a process previously announced by the Trust whereby the Trustee had engaged a third party to market the Trust's assets.
  • As a result, Simmons Bank, the Trustee, is currently paying the expenses for the Trust, subject to its rights to be indemnified and reimbursed pursuant to the terms of the Trust indenture.
  • However, there is nothing in the Trust indenture that requires Simmons Bank to pay the expenses for the Trust.