Simmons First National (SFNC) - 2023 Q2 - Earnings Call Presentation

Financial Performance - Net income was $58314 thousand, a 28% increase compared to Q1 2023[74, 269] - Adjusted earnings were $61065 thousand, a 29% increase compared to Q1 2023[46, 269] - Total revenue, excluding securities gain (loss), was $208601 thousand[20] - Adjusted diluted earnings per share was $048, a 30% increase compared to Q1 2023[81, 269] Balance Sheet - Total loans reached $168337 million, an 11% increase compared to Q2 2022[58] - Total deposits amounted to $224887 million, a 2% increase compared to Q2 2022[45, 58] - The loan to deposit ratio stood at 75%[53, 65] - Total assets were $279591 million, a 3% increase compared to Q2 2022[58, 63] Capital and Credit Quality - CET 1 Capital Ratio was 119%[1, 170] - Tangible book value per share increased by 8% to $1517[57, 71, 221] - Nonperforming loans to total loans ratio was 043%[207] - Allowance for credit losses to total loans was 125%[92, 96]