The Farmers Bank & Trust Board of Directors and Shareholders recently announced the appointment of Robert T. Smith to the Board of Directors. His term will begin in June of 2025. Mr. Smith also serves on the Magnolia Banking Corporation Board of Directors.
Extensive Legal and Banking Expertise
“We are honored to welcome Robert T. Smith to our Board of Directors. His deep legal experience and proven leadership in the banking sector bring an invaluable perspective to our organization as we navigate an increasingly complex regulatory landscape. Robert’s guidance will be instrumental in supporting our continued growth and commitment to sound governance,” said Farmers Bank & Trust Chief Executive Officer and Chairman of the Board, Chris Gosnell.
Smith is a Partner at Friday, Eldredge & Clark, LLP law firm in Little Rock, Arkansas. He heads the Finance and Commercial Transactions Practice Group and serves on the firm’s Management Committee. His diverse corporate practice focuses on representing companies and financial institutions in general business, transactional, securities, and regulatory matters. He has handled transactions in various areas, including the banking, healthcare, real estate, and technology industries.
Smith earned an LL.M. in Taxation from the University of Florida College of Law and a Juris Doctor with honors from the University of Arkansas at Little Rock School of Law. He also earned a Bachelor of Science in Accounting, with honors, from the University of Arkansas at Little Rock. Additionally, he is a graduate of Leadership Arkansas and is affiliated with numerous Arkansas organizations.
A Shared Commitment to Values and Vision
Smith expressed his enthusiasm for joining the Board, stating, “It is an honor to join the Board of Directors at Farmers Bank & Trust, an institution with more than a century of trusted service in Arkansas. This bank represents the values that have guided my career, and I look forward to contributing to its continued growth and lasting impact across the region.”
