Q2 Quarter 2023
Non-GAAP Reconciliations
$ in thousands
Calculation of Noninterest Income to Total Revenue
Noninterest Income to Total Revenue
Adjusted Noninterest Income, excluding securities gain (loss) to
Adjusted Total Revenue (non-GAAP) (reconciliation shown on page 33)
Noninterest Income per Employee
Adjusted Noninterest Income per Employee (FTE)
Calculation of Adjusted Noninterest Expense
Noninterest Expense (GAAP)
Less: Merger related costs
Less: Branch right sizing expense
Less: Donation to Simmons First Foundation
Less: Early Retirement Program
Adjusted Noninterest Expense (non-GAAP)
Calculation of Noninterest Expense to Average Assets
Average total assets
Noninterest expense to average total assets
Adjusted noninterest expense to average assets (non-GAAP)
FTE Full time equivalent
$
Q2
Q3
Q4
2022
2022
2022
Q1
2023
Q2
2023
17.83%
18.18%
18.79%
20.49%
21.60%
17.92%
18.08%
17.39%
20.49%
21.75%
$
12.43
$
13.42
$
13.80
$
14.37
$
14.67
$
12.50
$
13.33
$
12.55
$
14.37
$
14.80
$
156,813
$
19,133
292
138,943
1,422
1,170
$
142,575
$
35
1,104
143,228
1,396
979
$
139,696
19
95
1,738
3,609
$
135,650
$
136,351
$
141,436
$ 140,853
$
135,973
$ 26,769,032
$ 26,868,731
$ 27,180,575
$ 27,488,732
2.34%
2.07%
2.10%
2.11%
2.03%
2.03%
2.08%
2.08%
$ 27,766,139
2.02%
1.96%
33View entire presentation