Magnolia Banking Corp.

Mountaire Corp. of Little Rock remained the largest private company headquartered in Arkansas as measured by revenue in fiscal 2022. read more >

For most of the businesses on this year’s list of Arkansas’ 75 largest private companies, top-line revenue in 2021 was significantly better than in 2019, before any of us had heard of COVID-19. read more >

A pair of south Arkansas bank companies completed acquisitions this month. read more >

The Federal Reserve Board has approved the previously announced merger of the $67 million-asset Bank of Prescott with the $1.6 billion-asset Farmers Bank & Trust of Magnolia. read more >

The proposed sale of the last lender headquartered in Nevada County represents a nearly $8.4 million cash transaction. read more >

Farmers Bank & Trust of Magnolia announces a deal to acquire the Bank of Prescott in the third quarter of 2019, but the financial terms of the deal were not released. read more >

The holding company of $884 million-asset Farmers Bank & Trust of Magnolia should complete the purchase of First National Bancshares of Hempstead County Inc. of Hope before year’s end. First National is the parent company of the $310.3 million-asset 1st Bank of Texarkana, Texas. read more >

No price tag on the deal was included in the announcement; 1st Bank's equity capital stood at $30.9 million as of March 31. read more >