UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Exchange Act of 1934

 

Date of Report (Date of earliest event reported) December 27, 2018

 

 

SIMMONS FIRST NATIONAL CORPORATION

(Exact name of registrant as specified in its charter)

 

Arkansas 0-6253 71-0407808

(State or other jurisdiction of incorporation)

 (Commission File Number)

 (I.R.S. Employer Identification No.)

     

501 Main Street, Pine Bluff, Arkansas
 

71601

(Address of principal executive offices)
 

(Zip Code)

 

 

(870) 541-1000

(Registrant's telephone number, including area code)

 

 

Not Applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company [ ]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ] 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement

 

On December 27, 2018, Simmons First National Corporation (the “Company”) and U.S. Bank National Association (“U.S. Bank”) entered into a Second Amendment (“Amendment”) to a Revolving Credit Agreement dated as of October 6, 2017 (and as previously amended on October 5, 2018) (“Credit Agreement”). The Amendment clarifies that Company financial metrics contained in certain affirmative covenants of the Agreement are evaluated on a consolidated basis.

 

The foregoing is a summary of the material terms of the Amendment. Such summary does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

 

The information disclosed in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

10.1Second Amendment to Revolving Credit Agreement, dated as of December 27, 2018, by and between Simmons First National Corporation and U.S. Bank National Association.

 

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   SIMMONS FIRST NATIONAL CORPORATION
    
   /s/ Robert A. Fehlman
Date: December 28, 2018  Robert A. Fehlman, Senior Executive Vice President,
   Chief Financial Officer and Treasurer