SIMMONS FIRST NATIONAL CORP
10-K/A, 1995-04-24
NATIONAL COMMERCIAL BANKS
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                     SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549

                              FORM 10-K
(Mark One)
[ ]     Annual Report Pursuant to Section 13 or 15(d) of the Exchange Act of 
        1934 (Fee Required) For the fiscal year ended: December 31, 1994
                                 OR
[X]     Transition Report Pursuant to Section 13 or 15(d) of the Securities 
        Exchange Act of 1934 (No Fee Required)
                     
                     Commission file number 0-6253
                 
                    SIMMONS FIRST NATIONAL CORPORATION
         (Exact name of registrant as specified in its charter)

          Arkansas                                       71-0407808
(State or other jurisdiction of                       (I.R.S. employer
 incorporation or organization)                      identification No.)

  501 Main Street, Pine Bluff, Arkansas                    71601
(Address of principal executive offices)                 (Zip Code)

                             (501) 541-1000
          (Registrant's telephone number, including area code)

       Securities registered pursuant to Section 12(b) of the Act:

                                                       Name of Each Exchange
Title of Each Class                                     on Which Registered 
- -----------------------------------------------------------------------------
     None                                                    None

         Securities registered pursuant to Section 12(g) of the Act:

                   Class A Common Stock, $5.00 par value            
                            (Title of Class)

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
registrant was required to file such reports), and (2) has been subject to 
such filing requirements for the past 90 days.   

                          Yes   X        No
                              -----         -----
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 
of Regulation S-K is not contained herein, and will not be contained, to the 
best of registrant's knowledge in definitive proxy or in information statements
incorporated by reference in Part III of this Form 10-K or any amendment to 
this Form 10-K.  [X]

The aggregate market value of common stock, par value $5.00 per share, held by
non-affiliates on March 16, 1995, was approximately $74,653,000.

The number of shares outstanding of the Registrant's Common Stock as of March 
31, 1995 was 3,677,378.

Part III is incorporated by reference from the Registrant's Proxy Statement 
relating to the Annual Meeting of Shareholders to be held on April 25, 1995.

The purpose of this amendment is to include the Financial Data Scheduler,
exhibit 27 for this filing.
                                     

                                 SIGNATURES
                                 ----------

Pursuant to the requirements of Section 13 or 15 (d) of the Securities 
Exchange Act of 1934, the Registrant has duly caused this report to be signed 
on its behalf by the undersigned, thereunto duly authorized.


                                  /s/ John L. Rush          March 27, 1995
                                  ----------------------------------------
                                  John L. Rush, Secretary





<TABLE> <S> <C>

<ARTICLE> 9
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<CASH>                                          33,476
<INT-BEARING-DEPOSITS>                             101
<FED-FUNDS-SOLD>                                40,425
<TRADING-ASSETS>                                 2,734
<INVESTMENTS-HELD-FOR-SALE>                     29,610
<INVESTMENTS-CARRYING>                         142,374
<INVESTMENTS-MARKET>                           139,364
<LOANS>                                        416,371
<ALLOWANCE>                                      7,790
<TOTAL-ASSETS>                                 713,262
<DEPOSITS>                                     583,538
<SHORT-TERM>                                    25,552
<LIABILITIES-OTHER>                             8,3284
<LONG-TERM>                                     12,144
<COMMON>                                        18,387
                                0
                                          0
<OTHER-SE>                                      65,313
<TOTAL-LIABILITIES-AND-EQUITY>                 713,262
<INTEREST-LOAN>                                 31,035
<INTEREST-INVEST>                               12,455
<INTEREST-OTHER>                                 2,237
<INTEREST-TOTAL>                                45,727
<INTEREST-DEPOSIT>                              14,471
<INTEREST-EXPENSE>                              16,468
<INTEREST-INCOME-NET>                           29,259
<LOAN-LOSSES>                                    2,050
<SECURITIES-GAINS>                                 130
<EXPENSE-OTHER>                                 38,415
<INCOME-PRETAX>                                 13,641
<INCOME-PRE-EXTRAORDINARY>                      13,641
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     9,860
<EPS-PRIMARY>                                     2.68
<EPS-DILUTED>                                     2.68
<YIELD-ACTUAL>                                    4.80
<LOANS-NON>                                      2,052
<LOANS-PAST>                                       965
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                    115
<ALLOWANCE-OPEN>                                 7,430
<CHARGE-OFFS>                                    2,110
<RECOVERIES>                                       420
<ALLOWANCE-CLOSE>                                7,790
<ALLOWANCE-DOMESTIC>                             7,790
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                          2,349
        

</TABLE>


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