Approving the Merger of Bank Holding Companies

Order Approving the Merger of Bank Holding Companies Simmons First National Corporation ("Simmons"), Pine Bluff, Arkansas, a financial holding company within the meaning of the Bank Holding Company Act of 1956 ("BHC Act"), has requested the Board's approval under section 3 of the BHC Act2 to merge with Hardeman County Investment Company, Inc. ("Hardeman"), and thereby indirectly acquire First South Bank, both of Jackson, Tennessee.