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Note 21 - Stockholders' Equity | 12 Months Ended
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Dec. 31, 2017
Notes to Financial Statements |
Restrictions on Dividends, Loans and Advances [Text Block] | NOTE 21: STOCKHOLDERS’ EQUITY The Company’s subsidiary banks are subject to a legal limitations on dividends that can be paid to the parent company without prior approval of the applicable regulatory agencies. For the lead subsidiary bank, Simmons Bank, the approval of the Commissioner of the Arkansas State Bank Department is required if the total of all dividends declared by an Arkansas state bank in any calendar year exceeds seventy-five percent ( 75% ) of the total of its net profits, as defined, for that year combined with seventy-five percent ( 75% ) of its retained net profits of the preceding year. The other bank subsidiaries that were in operation as of December 31, 2017 are limited by the regulations of the state of Oklahoma and Texas. At December 31, 2017, the Company’s subsidiary banks had approximately $7.5 million available for payment of dividends to the Company, without prior regulatory approval. The Company’s subsidiary banks are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company must meet specific capital guidelines that involve quantitative measures of the Company’s assets, liabilities and certain off-balance-sheet items as calculated under regulatory accounting practices. The Company’s capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Furthermore, the Company’s regulators could require adjustments to regulatory capital not reflected in these financial statements. Effective January 1, 2015, the Company and the Banks became subject to new capital regulations (the “Basel III Capital Rules”) adopted by the Federal Reserve in July 2013 establishing a new comprehensive capital framework for U.S. Banks. The Basel III Capital Rules substantially revise the risk-based capital requirements applicable to bank holding companies and depository institutions compared to the previous U.S. risk-based capital rules. Full compliance with all of the final rule’s requirements will be phased in over a multi-year schedule. The final rules include a new common equity Tier 1 capital to risk-weighted assets ( CET1 ) ratio of 4.5% and a common equity Tier 1 capital conservation buffer of 2.5% of risk-weighted assets. CET1 generally consists of common stock; retained earnings; accumulated other comprehensive income and certain minority interests; all subject to applicable regulatory adjustments and deductions. The new capital conservation buffer requirement began being phased in beginning on January 1, 2016 when a buffer greater than 0.625% of risk-weighted assets was required, which amount will increase each year until the buffer requirement is fully implemented on January 1, 2019. Quantitative measures established by regulation to ensure capital adequacy require the Company to maintain minimum amounts and ratios (set forth in the table below) of total, Tier 1 and common equity Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier 1 capital (as defined) to average assets (as defined). Management believes that, as of December 31, 2017, the Company meets all capital adequacy requirements to which it is subject. As of the most recent notification from regulatory agencies, the bank subsidiaries were well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Company and its subsidiary banks must maintain minimum total risk-based, Tier 1 risk-based, common equity Tier 1 risk-based and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the institutions’ categories. The Company’s and the subsidiary banks’ actual capital amounts and ratios are presented in the following table.
|  | Actual |  | Minimum For Capital Adequacy Purposes |  | To Be Well Capitalized Under Prompt Corrective Action Provision
(In thousands) |  | Amount |  | Ratio (%) |  | Amount |  | Ratio (%) |  | Amount |  | Ratio (%)
As of December 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital Ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Simmons First National Corporation |  | $ | 1,388,970 |  |  |  | 11.4 |  |  | $ | 974,716 |  |  |  | 8.0 |  |  | $ | N/A |  |  |  |  |
Simmons Bank |  |  | 877,728 |  |  |  | 12.1 |  |  |  | 580,316 |  |  |  | 8.0 |  |  |  | 725,395 |  |  |  | 10.0 |
Bank SNB |  |  | 259,077 |  |  |  | 10.9 |  |  |  | 190,148 |  |  |  | 8.0 |  |  |  | 237,685 |  |  |  | 10.0 |
Southwest Bank |  |  | 297,164 |  |  |  | 11.0 |  |  |  | 216,119 |  |  |  | 8.0 |  |  |  | 270,149 |  |  |  | 10.0 |
Tier 1 Risk-Based Capital Ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Simmons First National Corporation |  |  | 1,199,457 |  |  |  | 9.8 |  |  |  | 734,361 |  |  |  | 6.0 |  |  |  | N/A |  |  |  |  |
Simmons Bank |  |  | 835,787 |  |  |  | 11.5 |  |  |  | 436,063 |  |  |  | 6.0 |  |  |  | 581,417 |  |  |  | 8.0 |
Bank SNB |  |  | 255,360 |  |  |  | 10.7 |  |  |  | 143,193 |  |  |  | 6.0 |  |  |  | 190,923 |  |  |  | 8.0 |
Southwest Bank |  |  | 294,874 |  |  |  | 10.9 |  |  |  | 162,316 |  |  |  | 6.0 |  |  |  | 216,421 |  |  |  | 8.0 |
Common Equity Tier 1 Capital Ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Simmons First National Corporation |  |  | 1,199,457 |  |  |  | 9.8 |  |  |  | 550,771 |  |  |  | 4.5 |  |  |  | N/A |  |  |  |  |
Simmons Bank |  |  | 835,787 |  |  |  | 11.5 |  |  |  | 327,047 |  |  |  | 4.5 |  |  |  | 472,401 |  |  |  | 6.5 |
Bank SNB |  |  | 255,360 |  |  |  | 10.7 |  |  |  | 107,394 |  |  |  | 4.5 |  |  |  | 155,125 |  |  |  | 6.5 |
Southwest Bank |  |  | 294,874 |  |  |  | 10.9 |  |  |  | 121,737 |  |  |  | 4.5 |  |  |  | 175,842 |  |  |  | 6.5 |
Tier 1 Leverage Ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Simmons First National Corporation |  |  | 1,199,457 |  |  |  | 9.2 |  |  |  | 521,503 |  |  |  | 4.0 |  |  |  | N/A |  |  |  |  |
Simmons Bank |  |  | 835,787 |  |  |  | 9.2 |  |  |  | 363,386 |  |  |  | 4.0 |  |  |  | 454,232 |  |  |  | 5.0 |
Bank SNB |  |  | 255,360 |  |  |  | 10.1 |  |  |  | 101,133 |  |  |  | 4.0 |  |  |  | 126,416 |  |  |  | 5.0 |
Southwest Bank |  |  | 294,874 |  |  |  | 12.2 |  |  |  | 96,680 |  |  |  | 4.0 |  |  |  | 120,850 |  |  |  | 5.0 |
As of December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total Risk-Based Capital Ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Simmons First National Corporation |  | $ | 912,948 |  |  |  | 15.1 |  |  | $ | 483,681 |  |  |  | 8.0 |  |  | $ | N/A |  |  |  |  |
Simmons Bank |  |  | 830,921 |  |  |  | 13.8 |  |  |  | 481,693 |  |  |  | 8.0 |  |  |  | 602,117 |  |  |  | 10.0 |
Tier 1 Risk-Based Capital Ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Simmons First National Corporation |  |  | 872,707 |  |  |  | 14.5 |  |  |  | 361,120 |  |  |  | 6.0 |  |  |  | N/A |  |  |  |  |
Simmons Bank |  |  | 790,673 |  |  |  | 13.2 |  |  |  | 359,397 |  |  |  | 6.0 |  |  |  | 479,196 |  |  |  | 8.0 |
Common Equity Tier 1 Capital Ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Simmons First National Corporation |  |  | 812,310 |  |  |  | 13.5 |  |  |  | 270,770 |  |  |  | 4.5 |  |  |  | N/A |  |  |  |  |
Simmons Bank |  |  | 790,673 |  |  |  | 13.2 |  |  |  | 269,548 |  |  |  | 4.5 |  |  |  | 389,347 |  |  |  | 6.5 |
Tier 1 Leverage Ratio |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Simmons First National Corporation |  |  | 872,707 |  |  |  | 11.0 |  |  |  | 317,348 |  |  |  | 4.0 |  |  |  | N/A |  |  |  |  |
Simmons Bank |  |  | 790,673 |  |  |  | 10.0 |  |  |  | 316,269 |  |  |  | 4.0 |  |  |  | 395,337 |  |  |  | 5.0 |

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- Definition The entire disclosure for a banking or savings institution's compliance during the year with (a) federal and state laws and regulations relative to dividend restrictions and (b) federal laws and regulations relative to insider loans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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