Simmons sees slight earnings dip in Q3

WICHITA — Simmons First National Corp., which last week acquired the failed Security Savings Bank for $46.5 million, said today it had slightly lower net income in the third quarter.

The Pine Bluff, Ark.-based holding company said net income was $7.6 million compared to $7.7 million in the third quarter of 2009.

Simmons First, which operates in Kansas as Simmons First National Bank, said its assets moved up slightly to $3.0 billion from $2.9 billion in the same period a year ago.