Generations Bank of Rogers is adding to its Benton County presence with a planned branch at 600 SW 41st St. in Bentonville. The full-service office represents No. 10 for the $524 million-asset lender.
The office represents No. 95 in the highly banked Benton County market, where 26 banks are on the ground.
Generations holds the seventh-largest stake in the $5.5 billion-deposit market: 2.65%, $145 million.
Arvest Bank’s holds a staggering 56.2% share, nearly $3.1 billion in deposits. The next closest competitor is Bank of America with a 5.64% share, $310 million in deposits.
Benton County Banks
Ranked by Deposit
Offices | Deposits* | % | |
Arvest Bank, Fayetteville |
24 | $3,092,678 | 56.20% |
Bank of America, Charlotte, North Carolina |
2 | $310,338 | 5.64% |
Bank OZK, Little Rock |
8 | $215,211 | 3.91% |
First Western Bank, Booneville | 5 | $204,913 | 3.72% |
Grand Savings Bank, Grove, Oklahoma |
7 | $189,445 | 3.44% |
First Security Bank, Searcy |
7 | $156,996 | 2.85% |
Generations Bank, Rogers |
3 | $145,805 | 2.65% |
Regions Bank, Birmingham, Alabama |
3 | $132,482 | 2.41% |
First National Bank of Fort Smith | 5 | $127,829 | 2.32% |
Bank of Gravett**, Gravette | 4 | $116,039 | 2.11% |
Iberiabank, Lafayette, Louisiana | 2 | $111,445 | 2.03% |
Simmons Bank, Pine Bluff |
4 | $103,780 | 1.89% |
Signature Bank of Arkansas, Fayetteville |
2 | $98,302 | 1.79% |
Chambers Bank, Danville |
1 | $90,276 | 1.64% |
Central Bank, Little Rock |
1 | $87,965 | 1.60% |
Centennial Bank, Conway |
4 | $84,176 | 1.53% |
First National Bank, Fort Smith |
2 | $44,601 | 0.81% |
United Bank, Springdale |
1 | $43,333 | 0.79% |
Legacy National Bank, Green Forest |
2 | $42,023 | 0.76% |
Citizens Bank, Batesville |
1 | $25,371 | 0.46% |
Equity Bank, Andover, Kansas |
1 | $23,647 | 0.43% |
Great Southern Bank, Springfield, Missouri |
1 | $19,833 | 0.36% |
BancorpSouth Bank, Tupelo, Mississippi |
1 | $11,644 | 0.21% |
Farmers & Merchants Bank, Stuttgart |
1 | $10,307 | 0.19% |
BOKF, Tulsa |
1 | $8,210 | 0.15% |
Intrust Bank, Wichita, Kan. |
1 | $6,362 | 0.12% |
TOTAL | 94 | $5,503,011 |
*In thousands
** Changed name to Bank of Gravette, Aug. 9
Source: FDIC (June 30, 2019)