Generations Bank Moving Headquarters to Rogers

Generations Bank Moving Headquarters to Rogers
Generations Bank currently has nine branches in six Arkansas counties, with a 10th location planned for Bentonville.

Generations Bank of Hampton is relocating its headquarters from Calhoun County to northwest Arkansas.

The $496 million-asset lender intends to transform its Rogers branch into its flagship office. The location entered the Generations fold when it was acquired from Fayetteville’s Signature Bank of Arkansas in November 2010 along with a Siloam Springs office.

The Rogers office houses deposits of $62.8 million, second largest among the bank’s nine full-service locations. The biggest block of deposits held by Generations is at the 1325 Hwy. 278 Bypass office in Camden: nearly $80.2 million.

Originally chartered in 1907 as Calhoun County Bank, the financial institution changed its name to First Bank more than eight years ago. The move to Generations Bank followed in April 2016.

The bank recorded a $3.3 million profit through the first nine months of 2018, the most recent reporting period available. Generations reported net in-come of $2.9 million during 2017.

Since 2009, the staff has doubled from 55 to 116 as the bank has expanded its south Arkansas footprint northwest into Benton, Washington and Crawford counties.

Generations Bank, Hampton
Total Assets: $496.2 million    Net Income: $12.1 million
Equity Capital: $46.1 million    Staff: 116
Full-Service Locations: Two in Camden and one each in East Camden, Fayetteville, Hampton, Junction City, Rogers, Siloam Springs and Van Buren
(As of Sept. 30)

  Total Assets Net Income Dividends Efficiency Ratio
2017 $465,161 $2,905 $1,195 68.62%
2016 $403,479 $2,881 $470 71.41%
2015 $384,584 $3,459 $1,573 68.90%
2014 $334,272 $3,092 $1,616 68.29%
2013 $261,062 $2,471 $1,096 65.37%
2012 $259,165 $2,649 $1,647 63.18%
2011 $241,932 $2,245 $1,746 67.20%
2010 $247,356 $1,111 $631 68.03%

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