Committed to preserving and promoting community banks, their franchise values and the communities they serve...

About Us

What is a Community Bank?

A community bank is any state or federally chartered bank or thrift with its charter located in the State of Arkansas. It is locally owned and locally controlled. These institutions either serve a single county, contiguous counties or counties statewide and make the majority of their loans in the trade areas from which their deposits are gathered. They prescribe to the philosophy of independent community banking as evidenced by their actions and support.

Mission Statement

The Arkansas Community Bankers Association is committed to preserving and promoting community banks, their franchise values and the communities they serve.

ACB History

In 1980 a small group of like-minded independent bankers banded together to charter the Arkansas Independent Bankers Association. These pioneers in Arkansas banking represented some 65 independent community banks throughout our State. In 1993 the name of the association was officially changed to the Arkansas Community Bankers Association. In May 1995 the membership voted to allow Arkansas based thrifts to be members of ACB. Today ACB serves all community banks and thrifts in Arkansas.

ACB created its niche in the bank products and services arena. Today, Community Bank Services, Inc. endorses or promotes over 35 bank product and service solution providers offering hundreds of products and services to our member banks. The annual volume purchased by the participating banks exceeds $375 million.

ACB was instrumental in the organization and chartering of the Arkansas Bankers’ Bank in 1990. The purpose was to create and provide an alternative source for correspondent banking services for independent community banks. It was the sixteenth bankers’ bank to be organized in the country and the first to over subscribe its stock offering.  The Arkansas Bankers’ Bank was the forerunner to the First National Bankers’ Bank.

ACB provides a strong voice for legislative issues on the state and national levels. Under the maxim “no lobbyist is as effective as a constituent”, the ACB LegislativeWatch is an electronic messaging service provided to member bankers to encourage contact with state and congressional delegations to express their views on issues related to community banking.

ACB supports bank ownership that is indicative of a philosophy supportive of the ideals that maintain local community commitment and resists entities that threaten the existence of community banks. These objectives will be accomplished through regulatory, legislative, educational and earnings improvement programs available to ACB members. Such programs will be developed, initiated and executed by the leadership of the Arkansas Community Bankers Association. National and state level changes in the banking industry, both actual and proposed, will be monitored on a continuing basis and the Arkansas Community Bankers Association will respond to such change in a manner that will best protect and preserve community bank principles.       

ACB Board of Directors

Ashton Adcock   |  Merchants & Farmers Bank  |  Dumas

Kyle Baltz  |  RiverBank  |  Pocahontas

John Beller  |  Bank of Cave City  |  Cave City  

Jim Gowen, Jr.  |  Merchants & Planters Bank  |  Newport  

Gary Head  |  Signature Bank  |  Fayetteville  

Chris Kelley  |  Barret School of Banking  |  Memphis, TN

Gary Oltmann  | Arkansas County Bank  |  DeWitt  

Chris Padgett  |  Arkansas Community Bankers  |  Little Rock

Bennie Ryburn, III  |  Commercial Bank & Trust  |  Monticello  

Milton Smith  |  First National Bank  |  Walnut Ridge

Lee Swearingen  |  Bank of Little Rock  |  Little Rock

ACB Officers & Executive Committee

President  |  Jim Gowen, Jr.   |  Merchants & Planters Bank  |  Newport

Vice President  |  Gary Oltmann  |  Arkansas County Bank  |  DeWitt

Treasurer  |  Gary Head  |  Signature Bank  |  Fayetteville

Secretary  |  Lee Swearingen  |  Bank of Little Rock  |  Little Rock

Past President  |  Bennie Ryburn, III  |  Commercial Bank & Trust  |  Monticello

Executive Director  |  Chris Padgett  |  Arkansas Community Bankers Association |  Little Rock

ACB Staff & Professional Support

Chris Padgett  |  Executive Director  |  Little Rock  

Art Morris  |  Community Bank Ambassador  |  Siloam Springs

Milton Smith  |  ICBA State Director  |  First National Bank Walnut Ridge  

Tim Grooms  |  General Counsel  |  Little Rock  

Quattlebaum, Grooms & Tull  |  Bank Regulation  |  Little Rock  

BKD  |  Tax & Accounting  |  Little Rock 

ACB Member Demographics  

($000)

2016 Y

2017 Y

03/18 YTD

 




Balance Sheet Highlights




Total Assets

88,060,190

97,637,010

102,282,359

Asset Growth Rate (%)

16.92

10.88

19.03

Total Loans & Leases (Incl HFI & HFS)

59,473,075

67,059,817

70,423,111

Loan Growth Rate (%)

19.88

12.76

20.06

Total Loans & Leases/ Assets (%)

67.54

68.68

68.85

Total Deposits (Incl Dom & For)

71,710,694

78,071,141

81,963,433

Deposit Growth Rate (%)

17.17

8.87

19.94

Loans/ Deposits (%)

82.93

85.90

85.92

Memo: Full-time Employees

21,002

21,344

21,590

 




Performance Measures




Net Income

1,083,277

1,249,065

398,544

ROAA (%)

1.33

1.36

1.59

ROAE (%)

10.48

10.10

11.57

Interest Income/ Avg Assets (%)

3.97

4.10

4.21

Interest Expense/ Average Assets (%)

0.34

0.44

0.54

Net Interest Income/ Avg Assets (%)

3.63

3.67

3.67

Noninterest Income/ Average Assets (%)

1.50

1.37

1.17

Noninterest Expense/ Avg Assets (%)

3.06

2.92

2.70

Net Interest Margin (%)

4.00

4.04

4.04

Yield/ Cost Spread (%)

3.91

3.92

3.88

Efficiency Ratio (FTE) (%)

57.36

55.96

54.51

 




Capitalization




GRB: Total Equity Capital

11,308,154

13,449,975

14,110,651

Tangible Equity

9,226,606

10,776,288

11,188,966

Tangible Common Equity

9,223,865

10,773,547

11,186,225

Tier 1 Capital

9,245,702

10,601,686

11,130,485

B3 or GRB: Tier 1 Common Capital (CET1)

9,244,912

10,600,906

11,129,707

Equity/ Assets (%)

12.84

13.78

13.80

Tang Equity/ Tang Assets (%)

10.73

11.35

11.26

Tang Common Eqty/ Tang Assts (%)

10.73

11.34

11.26

Risk Based Capital Ratio (%)

13.79

14.29

14.39

Tier 1 Risk-based Ratio (%)

12.92

13.03

13.16

B3 or GRB: Tier 1 Common Capital (CET1) RB Ratio (%)

12.92

13.03

13.16

Leverage Ratio (%)

10.85

11.29

11.46

Common Dividends Declared/ Net Income (%)

39.62

36.88

31.25

Commercial RE Loans/ Total Risk-Based Capital (%)

232.66

234.20

241.05

 

Data provided by S&L Global, an ACB Preferred Solutions Provider

         

Contact us at 501-246-4975, FAX (501) 821-0377, info@arcommunitybankers.com

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