FNBC Bank on Thursday announced that Chad Hudson has been promoted to president of the Ash Flat lender.
Hudson follows Marty Sellars, who will continue serving as CEO and remain on the bank’s board of directors. Sellars, a 40-year employee of FNBC, had served as president since 2003. He has been CEO since 2016.
Hudson has worked for FNBC since 2011, holding roles including community president for Mountain Home, executive vice president, chief lending officer and regional president. In a news release, FNBC said Hudson has been a “pivotal leader in the bank’s growth” over the past decade, helping to more than double the bank’s assets and expand its footprint to new markets such as Jonesboro and West Plains.
FNBC ranked No. 24 on Arkansas Business’ 2023 list of the state’s largest banks, with $742.5 million in assets. The bank said its assets have since grown to more than $775 million.
As president, Hudson will oversee the bank’s daily operations with direct oversight over innovation and technology, human resources, marketing and operations.
“FNBC has a strong legacy of leadership, and I am honored to serve as its next President,” Hudson said in a statement. “In my career, I’ve worked with very strong leaders but none more impactful than [board chair and former CEO] Martin Carpenter and Marty Sellars. They’ve modeled impeccable work ethics and have shown true leadership through challenges and opportunities. It’s truly an honor to be selected for this incredible opportunity to continue to lead and build FNBC into the future and to serve with such a strong management team and talented group of community bankers.”
Hudson is succeeded by Trent Brown, who is now executive vice president and chief lending officer. Brown will continue to serve as community president for the Jonesboro market, a position he’s held since early 2023.
Brown brings more than 20 years of banking experience to his role, in which he’s responsible for continued oversight of strategic growth and management of the loan portfolio.
“Trent joined us in early 2022 and we quickly recognized his strengths and the elevated level of leadership he brings to our organization,” Hudson said. “I am confident he will continue to lead loan portfolio and market share growth across our footprint.”
FNBC said it began planning for the changes in leadership in late 2021.
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