Farmers Bank, Financial Information

AboutFarmers Bank

 Address:
71 West Center St
Greenwood,AR
Sebastian County,Arkansas
 Established:
Aug 1907
 Number of domestic offices:
11
Total assets$244M
Net income$2M
Net income,quarterly$0M
Total deposits$202M
Domestic deposits$202M
Equity capital$41M
ROA0.99%
ROAQ,quarterly0.39%
ROA,pretax0.39%
ROAQ,quarterly,pretax0.88%
ROE5.64%
ROEQ,quarterly2.25%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Farmers Bank was organized in 1907. Today, during a time of mass mergers and takeovers, Farmers Bank is among the oldest banks in Arkansas still operating under its original charter as when it was organized and established.

On September 25, 1907, having received its state charter, Farmers Bank opened for business in the southwest corner of C.D. Murphy's store, which was located on the northwest corner of the town square. In March of 1938 Farmers Bank opened a branch office at Hartford, Arkansas. Farmers Bank continued its expansion to serve the financial needs of Sebastian County and opened a branch bank in Hackett in 1958 and a branch in Bonanza in 1973.

In 1990 Farmers Bank acquired the assets and liabilities of a Savings and Loan branch in Greenwood. Farmers Bank continues to operate this facility as a mortgage loan office and branch. In 1995 Farmers Bank opened its third facility, in Greenwood on Center Street. The following year Farmers Bank expanded into Fort Smith, where it now operates two offices — one on the Southside of Fort Smith U.S. Highway 71 South and the other on Rogers Avenue. New branches in Huntington and Mansfield were opened in 2004.

Today, Farmers Bank is recognized for its financial strength and its commitment to personal service. With assets of nearly $200 million, Farmers Bank is large enough to provide a multitude of financial services and yet small enough to provide personal banking to its customers.

Greenwood, Home Office
71 West Center Street
Greenwood, AR 72936

Lavaca
403 West Main Street
Lavaca, AR 72941

Barling
227 Fort Street
Barling, AR 72923

Fort Smith, East
7820 Rogers Avenue
Fort Smith, AR 72903

Fort Smith, South
8420 Highway 71 South
Fort Smith, AR 72908

Greenwood, Center Street
1310 West Center Street
Greenwood, AR 72936

Bonanza
Highway 45
Bonanza, AR 72916

Hackett
200 North Main Street
Hackett, AR 72937

Huntington
120 Highway 71 NE
Huntington, AR 72940

Mansfield
106 Huntington Avenue
Mansfield, AR 72944

Hartford
25 South Broadway
Hartford, AR 72938