SIMMONS FIRST NATIONAL CORPORATION (NASDAQ:SFNC) Files An 8-K Other EventsItem 8.01 Other Events.
On December 12, 2017, Heartland Bank (“Heartland”), an Arkansas-chartered bank which was acquired by Simmons Bank at a public auction in August 2017, entered into a purchase and assumption agreement with Relyance Bank, N.A. of Pine Bluff, Arkansas, for the sale of Heartland’s branches located in Fordyce, Sheridan, and Bryant, Arkansas (“Transaction”). Simmons Bank is the main subsidiary bank of Simmons First National Corporation.
On December 13, 2017, Heartland and Relyance Bank, N.A. issued a joint press release announcing the Transaction, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Exhibit 99.1.Joint press release of Heartland Bank and Relyance Bank, N.A. dated December 13, 2017
SIMMONS FIRST NATIONAL CORP ExhibitEX-99.1 2 exh_991.htm EXHIBIT 99.1 EXHIBIT 99.1 JOINT RELEASE Relyance Bank Heartland Bank Contacts: Chuck Morgan Larry Bates Phone: (870) 540-1253 501-663-3306 Email: [email protected] Web Address: www.relybank.com For Immediate Release Pine Bluff based Relyance Bank to acquire Heartland Bank Branches (Pine Bluff,…To view the full exhibit click here
About SIMMONS FIRST NATIONAL CORPORATION (NASDAQ:SFNC)
Simmons First National Corporation is a financial holding company. The Company’s subsidiary bank is Simmons First National Bank (Simmons Bank), a national bank. Simmons Bank and its subsidiaries provide banking services to individuals and businesses across the market areas they serve. Simmons Bank offers consumer, real estate and commercial loans, checking, savings and time deposits. It also offers a range of products and services, including credit cards, trust services, investments, agricultural finance lending, equipment lending, insurance, consumer finance and small business administration (SBA) lending. The Company conducts its banking operations through approximately 150 branches or financial centers, located in communities throughout Arkansas, Missouri, and Kansas. Its loan portfolios were loans to businesses (commercial loans, commercial real estate loans and agricultural loans) and individuals (consumer loans, credit card loans and single-family residential real estate loans).
