Simmons First National (SFNC) - 2023 Q1 - Earnings Call Transcript

I mean, Matt, there's just a small pickup in borrowings there in my mind. We have increase the amount of cash at the Fed. But it's nothing that's sort of a material driver in my mind to margin. We thought it was a prudent thing to do as we saw things transpire in March. But I don't think there's sort of any major strategy around that. When I look at our borrowings overall, I think they're something like 6% of total liabilities, that's really right where they were last quarter as well, I just don't see a maj ...