As part of its continued growth, Farmers Bank & Trust has expanded its presence in Arkansas by opening a new satellite corporate office in Little Rock. Farmers Bank & Trust and its parent company, Magnolia Banking Corporation, will continue to be headquartered in Magnolia, Arkansas, where the bank was founded in 1906.
The Little Rock office space is designed to provide greater proximity to Bill and Hillary Clinton National Airport and positions the bank to attract additional talent as it continues to grow across Arkansas, Texas, and Oklahoma, while the long-standing operations in its founding market remain unchanged.
“Magnolia is our home,” said Chris Gosnell, President and CEO of Farmers Bank & Trust. “Our roots are here, and one-quarter of our 400-plus employees still work here. We are adding this additional executive office in central Arkansas to better serve our ever-growing footprint.”
Farmers Bank & Trust operates 34 full-service locations, and it remains focused on serving its customers and communities through local leadership, long-term stability, and relationship-driven banking.
“As we grow, we do so with the same purpose we were founded on, and that’s serving our communities with integrity and heart,” Gosnell added.
Magnolia Banking Corporation also operates the sister companies of Farmers Bank & Trust: Community First Trust, Title Guaranty of Columbia County, and Title Guaranty of Little River County. These companies hold offices in Magnolia, Ashdown, Texarkana, Little Rock, Hot Springs, and Hot Springs Village. The organization remains privately held and family-owned.
About Farmers Bank & Trust: Founded in 1906, Farmers Bank & Trust is a community bank owned by the privately held holding company Magnolia Banking Corporation, headquartered in Magnolia, Arkansas. Farmers Bank & Trust now has over 30 locations in Arkansas, Texas, and Oklahoma, and approximately $3.15 billion in assets. Farmers Bank offers a full range of deposit services, trust, and investment management services, as well as business, commercial real estate, construction, mortgage, residential, and consumer loans. To learn more, visit their website at MyFarmers.Bank.
