Simmons First National Bank is headquartered in Pine Bluff and is the 4th largest bank in the state of Arkansas. It is also the 151st largest bank in the nation. It was established in 1903 and as of March of 2016, it had grown to 1,917 employees at 157 locations. Simmons First National Bank has an A health rating.
I have known several people that used Simmons in Jonesboro, Arkansas, and had good experiences. The bank was very good about working with local Arkansas State University students as well as with the university itself. I even used their conference room for local meetings. The people are quite friendly and it seems that this bank's rates and fees are no more or less different than any other regional bank. I would say give them a try.
I was a long time Metropolitan Bank customer when Simmons took them over and it has been nothing but absolute hell ever since. Stupid fees and cut off times and rude ignorant customer service. I am beyond glad that my accounts will be closed this week. My parents are leaving too and multiple people can back me up. Avoid Simmons and go with Bank of the Ozarks or Centennial where customers are treated well regardless of how rich they are.
Simmons First National Bank is by far the worst bank in the state of Arkansas if you have an opportunity to go to another bank which I'm pretty sure you do I would guarantee you'll have 100 times better experience. They like to charge for every little thing they do like giving you cards savings account everything that Metropolitan Bank used to give you free Simmons said screwed it so I wouldn't wish I could give them a negative Review for their horrible their customer service, horrible bank tellers are and the establishment it's self
You must be kidding. I have to cancel my credit card with them right away. Their report-stolen-card 1-800 works only Mon-Fri. I found the $40.00 in my stolen card. I reported it and they promised to put it in dispute but when I received the statement, they included the $40.00 + interest + $10.00 late payment. None of other of my banks do that. I wrote them a letter to explain what happened, they ignored me and keep asking me for the payment. You must work for this bank to say something so nice about them. This bank is garbage .
I was told that I could bank anywhere when I opened 4 accounts with Simmons First and use the mobile apps for deposit. After I opened the accounts and got online, I was notified by the bank that I had to have the accounts open for 90 days before I could sigh up for BANK ANYWHERE and also had to have the accounts for 90 days and stay in good standing before I could sign up for mobile banking which also is $0.50 for each deposited check. I wish, I had done more checking before opening the accounts with Simmons First. I also received no checks for immediate use until my new checks arrived. It has now been 10 days and no checks or CC. Reconsidering my decision, using Simmons Bank!!!!!!!!!!!!!!!!!!!!!!
|FDIC Certificate #||3890|
|Return on Assets - YTD||1.37%|
|Return on Equity - YTD||9.89%|
|Annual Interest Income||$75.6MM|
|Assets and Liabilities|
|Assets||Q1 2016vs Q1 2015||$7.52B$4.65B|
|Loans||Q1 2016vs Q1 2015||$4.92B$2.70B|
|Deposits||Q1 2016vs Q1 2015||$6.17B$3.90B|
|Equity Capital||Q1 2016vs Q1 2015||$1.06B$522.5MM|
|Loan Loss Allowance||Q1 2016vs Q1 2015||$33.6MM$29.2MM|
|Unbacked Noncurrent Loans||Q1 2016vs Q1 2015||$82.8MM$43.2MM|
|Real Estate Owned||Q1 2016vs Q1 2015||$41.1MM$43.1MM|
Sorry, we do not have rate data for Simmons First National Bank.