Farmers Bank and Trust

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.Today, the Bank has assets of approximately $1.5 billion. 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 branch in Texarkana, Arkansas in 2014. In 2015, Farmers Bank & Trust acquired 1st Bank with locations in Hope, Blevins, Lewisville, and Texarkana, Arkansas and Texarkana and New Boston, Texas to extend the Bank’s presence within the I-30 corridor. In the fall of 2016, Farmers opened a full-service branch in Prosper, TX to serve our customers in the northern DFW area. In 2018, Farmers expanded their footprint with a Loan Production Office in the Benton/Bryant, AR area and a MyFarmers iTeller Interactive Teller Machine in Stamps, AR. Farmers Bank & Trust Executive Management Team: Chris Gosnell- Chief Executive OfficerMike Cross- Chief of StaffDrew Chandler- Chief Financial OfficerDave White- Chief Lending OfficerMartha Wisdom- Chief Risk OfficerSharon Burdine- Human Resources DirectorJoe Pieratt- Chief Operations OfficerBruce Maloch- Vice-Chairman & Legal CounselPlease send us comments, questions or suggestions by e-mail. E-mail or social media messages are not considered secure and should not be used for banking. For additional support, email [email protected]. Member FDIC | Equal Housing Lender