Farmers Bank And Trust

Description

• Farmers Bank & Trust was chartered on September 26, 1906, and has been in operation since its inception.Farmers Bank is an independent community bank and operates out of a one bank holding company, Magnolia Banking Corporation. The Bank operates the subsidiary called Magnolia Properties, Inc.Since its inception, the Bank's primary mission has been to serve the banking needs of its communities. Being the oldest and most firmly established bank in its market, Farmers Bank & Trust has built a reputation of conservative soundness that has served it well. Through the years, FB&T has enjoyed a reputation of strong integrity and honesty that has enabled the Bank to gain increased market share in the local banking market.The oldest existing general ledgers indicate that the Bank began in 1906 with approximately $75,000 in assets. Today, the Bank has assets of approximately $1.3 billion and offers a wide variety of products and services to serve the needs of its communities.In addition to the Main Banking facility, FB&T currently operates three branches in Magnolia; a Main Bank and three branches in Camden; and one in Welcome that serves the Taylor area and the Springhill, Louisiana area. In 2007, FB&T purchased Southern State Bank adding new locations in Malvern, Rockport, and Haskell for central Arkansas customers. The Bank opened a branch and mortgage department in Texarkana, TX in 2012 and a corporate office on St Michael Drive in 2013. In 2015, a newly constructed branch opened in Texarkana, AR. Additionally in 2016, Farmers Bank & Trust completed the acquisition of 1st Bank of Texarkana to extend the Banks presence within the I-30 corridor with additional locations in Texarkana, TX, New Boston, TX, Texarkana, AR, Hope, AR, Lewisville, AR, and Blevins, AR. In the fall of 2016, Farmers opened a branch in Prosper, TX. Please feel free to visit, call, or e-mail us today. To Us, Youre Family.Member FDIC. Equal Housing Lender.
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  Headquarters:200 East Main , Magnolia, Arkansas, United States

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  Phone Number: +1 870-235-7000

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  Website: https://www.myfarmers.bank

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  Employees:172

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  Revenue:$50 - 100M

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  Legal Name:Farmers Bank And Trust

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• |  NAICS Code: 551111  |

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