HomeBank of Arkansas Sells for $11.8 Million
The recent purchase of the $65.2 million-asset HomeBank of Arkansas is the opening foray into the state for Barksdale Federal Credit Union of Bossier City, Louisiana. read more >
The recent purchase of the $65.2 million-asset HomeBank of Arkansas is the opening foray into the state for Barksdale Federal Credit Union of Bossier City, Louisiana. read more >
Kerst is CEO and founder of the trust company, which has locations in Hot Springs, Hot Springs Village and Little Rock. But he also holds a new role leading the trust department of Farmers Bank & Trust of Magnolia. read more >
Jaclyn Henderson has been named market executive for Bentonville, Rogers, Siloam Springs, Springdale and Fayetteville. read more >
Predicting mortgage dip due to high interest rates, Arkansas bankers say their job is "managing the spread." read more >
Boyd will remain on the bank's board of directors, which has been a member of since 2015. read more >
The deals should close in Q1 of 2022. read more >
Farmers Bank & Trust of Magnolia forms a new nonprofit foundation, the Farmers Bank Foundation, which will operate independently from the bank. read more >
Farmers Bank & Trust of Magnolia says it will purchase the stock of Community First Trust Co. of Hot Springs, which will continue to operate as an independent trust company. read more >
Elizabeth Burns Anderson and Jordan Irby have been hired by Farmers Bank & Trust in Bryant. read more >
Arkansas bankers who fronted money to thousands of businesses participating in the Payment Protection Program now say they are frustrated by the federal government's failure to repay the forgivable loans in a timely manner. read more >
Farmers Bank & Trust has opened a new location in Magnolia, at 1606 Hollensworth St. 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 >
David Erstine has been named an associate board director for the United Federal Credit Union, which is based in Michigan but has branches in Arkansas. read more >
Southern Bancorp is buying Farmers Bank of Hamburg (Ashley County), and not Farmers Bank & Trust of Magnolia (Columbia County). read more >
Farmers Bank & Trust of Magnolia says its board of directors has named Chris Gosnell president and CEO, effective immediately. read more >
A Holiday Inn Express in North Little Rock, undeveloped land in north Pulaski County and two Little Rock homes form a quartet of multimillion-dollar transactions this week. read more >
Call it a loose end in the estate of Gaylon Lawrence Sr. Ownership of the $83.8 million-asset Piggott State Bank in Clay County is passing to his son, Gaylon Lawrence Jr. of Memphis. read more >
Farmers Bank & Trust of Blytheville is deepening its market penetration in Mississippi County with a Wilson location. The branch affords an opportunity that belies the size of the community (population 900). read more >
Carolyn May has joined Simmons First Investment Group in Little Rock and Ken Adams, David Seay, Joe France, Reed Willett and Angela Johnson have been promoted. read more >
Fourteen lenders based in Arkansas produced returns on equity (ROE) that topped 13 percent during 2014. The banks were scattered across the state and represented some of the largest and smallest financial institutions. read more >
