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Signature Bank Makes Return to Rogers Mix

1 min read

Fayetteville’s Signature Bank of Arkansas is re-entering the Rogers market with a full-service branch at 3712 S. Pinnacle Hills Parkway.

The $640 million-asset lender exited Rogers in 2010 after selling its branch to First Bank, the predecessor of today’s Generations Bank of Hampton (Calhoun County).

Signature also sold its Siloam Springs branch to First Bank eight years ago, leaving its Bentonville branch as its lone office in Benton County.

That changed in April when Signature opened a loan production office in Rogers.

Signature Bank of Arkansas, Fayetteville
Total Assets: $640.8 million
Net Income: $2.6 million
Equity Capital: $69.6 million
Staff: 140
(As of June 30)

  Total Assets Net Income Dividends Efficiency Ratio
2017 $592,097 $3,735 $500 74.75%
2016 $526,200 $3,846 $0 69.00%
2015 $502,899 $3,256 $0 73.65%
2014 $504,456 $2,306 $0 72.81%
2013 $491,348 $1,044 $0 76.42%
2012 $510,656 -$7,309 $0 75.05%
2011 $500,492 $1,031 $0 66.48%
2010 $514,288 -$15,820 $0 62.60%

SOURCE: Federal Deposit Insurance Corp. Dollars in thousands except where noted.


The Rogers market, with $1.7 billion in deposits, is home to 20 lenders with 38 locations.

Fayetteville’s Arvest Bank holds a dominant share in its eight-branch Rogers network: nearly 42 percent totaling $743 million.

Four other lenders hold at least a 5 percent share of deposits in Rogers: Regions Bank of Birmingham, Alabama, nearly 8.4 percent totaling $148 million; First Western Bank, nearly 8.2 percent totaling more than $144 million; Bank of America in Charlotte, North Carolina, nearly 5.9 percent totaling almost $104 million; and Searcy’s First Security Bank, 5.5 percent totaling $98 million.

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