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Farmers Bank & Trust of Magnolia

William L. Kerst Jr., CEO and founder of Community First Trust of Hot Springs
Banking & Finance / Investments / Legal

Trillions Are Riding on ‘Silver Tsunami’Lock Icon

Some 70 million aging baby boomers are primed to bequeath the largest aggregation of assets and business interests ever accumulated. read more >
Mike Boyd of Farmers Bank & Trust in Magnolia.
Banking & Finance / Legal

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 >
Banking & Finance / Business Services / Investments / Media & Marketing / Public Companies / Real Estate

Arkansas Eyes Upon Texas Lending

The Lone Star State beckons with bountiful markets, bank opportunities galore. read more >
Banking & Finance

Farmers, Southern Bancorp Also Make Their MarkLock Icon

First Community Bank of Batesville isn’t the only Arkansas bank to surpass $2 billion in total assets late last year. read more >
Banking & Finance / Business Services / Real Estate

Farmers Bank Revisits Paris

Magnolia’s Farmers Bank & Trust is doubling its presence in Paris — Texas, that is. read more >
Horatio State Bank purchased the bank property at 110 Main St. in Ashdown, shown above in 2013 when it was a First National Bank location.
Banking & Finance / Business Services / Real Estate

Horatio State Makes Move In Ashdown

A dormant bank property in the heart of Ashdown will soon have new life. read more >
This bank location in De Queen, shown above in 2016, was absorbed by Arvest after its $391 million acquisition of Bear State Bank in April 2018. It will soon see a new incarnation as a branch of Farmers Bank & Trust of Magnolia.
Banking & Finance / Business Services / Investments / Real Estate

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 >
The Arvest Bank logo 
Banking & Finance / Real Estate

Arvest Plans to Sell 16 Branches to Arkansas, Oklahoma Banks

The deals should close in Q1 of 2022. read more >
William Kerst Jr. has stayed aboard as president of Community First Trust Co. after the June 30 sale to Farmers Bank & Trust of Magnolia.
Banking & Finance / Business Services / Investments / Legal / Real Estate

Community First Trust Attracts $6M BuyerLock Icon

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 >
An artist's rendering of new home of Community First Trust Co. is shown at the location's construction site in Hot Springs.
Banking & Finance

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 >
Bodcaw Bank of Stamps joins three other Arkansas financial institutions in Texarkana, Texas.
Banking & Finance / Business Services / Real Estate

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 >
Banking & Finance / Business Services / Construction / Real Estate / Retail

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 >
Dale Cole, chairman and CEO of First Community Bank in Batesville; Tracy French, president and CEO of Centennial Bank in Conway; and George Makris, chairman and CEO of Simmons First National Corp.
Banking & Finance / Business Services / Public Companies / Real Estate / Restaurants & Food / Retail / Small Business / Tourism

Arkansas Lenders Count the Cost of GraceLock Icon

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 >
Crush Wine & Spirits at 3345 Highway 5 in Bryant.
Banking & Finance / Construction / Real Estate / Retail

Farmers Bank & Trust Buys Saline County Liquor Store LocationLock Icon

This week’s installment of million-dollar real estate transactions kicks off in Bryant before finishing up in west Pulaski County. read more >
Banking & Finance / Education / Health Care / Investments / Real Estate / Transportation

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 >
Farmers Bank & Trust's new branch location in Prosper, Texas.
Banking & Finance / Business Services / Real Estate

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 >
Berry Bishop’s defunct Alliance Insurance Group of Arkadelphia reported $2.9 million in gross revenue in 2017. It filed for Chapter 7 bankruptcy in May 2018.
Banking & Finance / Insurance / Legal

Final Restitution Amount Owed by Berry Bishop? $4,129,132.35Lock Icon

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 >
Chris Hegi, CEO of First Financial Bank of El Dorado
Banking & Finance / Investments

First Financial Bank, Farmers Bank & Trust Close Acquisitions

A pair of south Arkansas bank companies completed acquisitions this month. read more >
Banking & Finance / Business Services / Insurance / Legal

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 >
Banking & Finance

Mergers Unmasked in List of Banks by ROALock Icon

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 >