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News Breaks | | | | October 21, 2012 | | 11:36 EDT |  | SFNC | Simmons First National announces Missouri acquisition
Simmons First National Corporation announced through its wholly-owned bank subsidiary, Simmons First National Bank, that it has expanded its presence within the state of Missouri by acquiring approximately $201M in assets of Excel Bank of Sedalia from the Federal Deposit Insurance Corporation. Excel Bank was closed today by the Missouri Division of Finance, which appointed the FDIC as receiver. SFNB has entered into a purchase and assumption agreement with the FDIC to purchase $201M in assets and assume all of the deposits and substantially all other liabilities, at a discount of $21M and no deposit premium. The final valuation and purchase price of acquired assets and liabilities will be determined upon completion of appropriate valuation processes | |
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| June 13, 2013 | | 06:04 EDT |  | SFNC | Simmons First National assumed with a Market Perform at Keefe Bruyette
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