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On the Money: Simmons subtraction may limit addition

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Simmons Bank says it remains interested in growth in the Kansas City market, but the moves it’s been making recently seem to make that a more difficult prospect. Based in Pine Bluff, Ark., Simmons Bank is one of the nation’s fastest-growing banks, thanks to the recent acquisition of Liberty Bancshares Inc. and Community First Bancshares Inc. The two deals boosted Simmons’ assets by 65.2 percent to $7.6 billion. Although Simmons Bank is growing its overall presence nationwide, it’s shrinking…

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