Simmons First Bank of Jonesboro is a subsidiary of Simmons First National Bank. As a state chartered bank, Simmons First Bank of Jonesboro provides financial services to businesses and individuals in northeast Arkansas. The bank offers student, consumer, construction, single-family residential, commercial, agriculture and institutional loans. It also provides checking, savings and time deposits, credit cards, securities, and trust and investment management services. Established in 1903, Simmons First National Bank is a subsidiary of Simmons First National Corporation and has an asset base of more than $1 billion. Its wholly owned subsidiary, Simmons First Trust Company, performs trust and fiduciary business operations. Another wholly owned subsidiary of Simmons First National Bank, Simmons First Investment Group, is a broker-dealer registered with the United States Securities and Exchange Commission and a member of the National Association of Securities Dealers.