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Simmons First National Corporation Announces Agreement to Acquire Reliance Bancshares, Inc. - November 13, 2018

Pine Bluff, Arkansas – Simmons First National Corporation (Nasdaq: SFNC) (“Simmons” or “Company”) announced today that it has entered into a definitive agreement and plan of merger (“Agreement”) with Reliance Bancshares, Inc. (“Reliance”). According to the terms of the Agreement, Simmons will acquire all of the outstanding common stock of Reliance for a combination of cash and stock consideration. Reliance is headquartered in Des Peres, Missouri – part of the greater St. Louis metropolitan area – and is the parent company of Reliance Bank.

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