Farmers Bank & Trust of Magnolia
Trillions Are Riding on ‘Silver Tsunami’
Some 70 million aging baby boomers are primed to bequeath the largest aggregation of assets and business interests ever accumulated. read more >
by Kyle Massey -
Boyd Joins Farmers Bank & Trust (Movers & Shakers)
Mike Boyd has been hired as general counsel and executive vice president of Farmers Bank & Trust of Magnolia. read more >
Arkansas Eyes Upon Texas Lending
The Lone Star State beckons with bountiful markets, bank opportunities galore. read more >
by George Waldon -
Farmers, Southern Bancorp Also Make Their Mark
First Community Bank of Batesville isn’t the only Arkansas bank to surpass $2 billion in total assets late last year. read more >
Farmers Bank Revisits Paris
Magnolia’s Farmers Bank & Trust is doubling its presence in Paris — Texas, that is. read more >
by George Waldon -
Horatio State Makes Move In Ashdown
A dormant bank property in the heart of Ashdown will soon have new life. read more >
by George Waldon -
Branch Sale by Arvest Opens Doors
Arvest Bank of Fayetteville is selling 16 branches from its four-state footprint, opening the door to other banks in nine Arkansas markets. read more >
by George Waldon -
Arvest Plans to Sell 16 Branches to Arkansas, Oklahoma Banks
The deals should close in Q1 of 2022. read more >
Community First Sale Provides Payday
The $6 million sale of Community First Trust Co. to Farmers Bank & Trust of Magnolia was divided among more than two dozen shareholders. read more >
by George Waldon -
Community First Trust Attracts $6M Buyer
William Kerst Jr. wasn’t looking to sell Community First Trust Co. in 2021. But two years ago, events began pulling the president and CEO of the Hot Springs enterprise toward the possibility. read more >
by George Waldon -
Bodcaw Bank Joins East Texas Ranks
Bodcaw Bank of Stamps is making an interstate move to enter a new market. The $151 million-asset lender intends to set up shop at 3625 Richmond Road in Texarkana, Texas. read more >
by George Waldon -
Farmers Bank & Trust Preps for Bryant Branch
Magnolia’s Farmers Bank & Trust is about a month away from the launch of its full-service branch in Bryant. read more >
by George Waldon -
Arkansas Lenders Count the Cost of Grace
Arkansas bankers are wading into the numbers to gauge the health of their loan portfolios after extending an opening round of financial grace to customers. read more >
by George Waldon -
Farmers Bank & Trust Buys Saline County Liquor Store Location
This week’s installment of million-dollar real estate transactions kicks off in Bryant before finishing up in west Pulaski County. read more >
The Waiting Is the Hardest Part (Gwen Moritz Editor’s Note)
We may never live in a post-COVID world, just as we have not achieved a post-influenza world, but pandemic conditions will eventually end and a new normal will emerge. read more >
by Gwen Moritz -
Farmers Prospers in Texas Market After De Novo
Magnolia’s Farmers Bank & Trust holds more than $147.8 million of the $368 million deposits in Prosper, Texas, a city of nearly 30,000 an hour north of Dallas. read more >
by George Waldon -
Final Restitution Amount Owed by Berry Bishop? $4,129,132.35
According to the amended order entered by U.S. District Judge Susan Hickey, Berry Bishop owes restitution totaling almost $4.13 million to six entities. Here’s how it breaks down read more >
First Financial Bank, Farmers Bank & Trust Close Acquisitions
A pair of south Arkansas bank companies completed acquisitions this month. read more >
by Lance Turner -
The Appearance Of Wealth (Gwen Moritz Editor’s Note)
I feel compelled to make this point every year or two, since it is the most important lesson I’ve learned from two decades as your business editor: Wealth and the appearance of wealth are two different things. read more >
by Gwen Moritz -
Mergers Unmasked in List of Banks by ROA
For the list this week, we crunched bank data from Dec. 31 in a way we haven’t in a few years: by return on assets. read more >
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