MyCommunityMyBank.org


 

About ACB

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.

 

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. May 1995 the membership voted to allow Arkansas based thrifts to be members of ACB. Today ACB represents all community banks and thrifts in Arkansas.

 

  • ACB created its niche in the bank products and services arena. Today, Community Bank Services, Inc. endorses over 25 bank product and service providers offering hundreds of products and services to our member banks. The annual volume purchased by the participating banks exceeds $40 million.
     
  • The Arkansas Bankers' Bank was chartered in 1990. The purpose was to create and provide an alternative source for correspondent banking services for independent community banks. Organization of the bankers' bank was a project undertaken by ACB in 1989. It was the sixteenth bankers' bank to be organized in the country and the first to over subscribe its stock offering.
     
  • 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 utilized to encourage member bankers to contact their state and congressional delegations to express their views on issues related to community banking.
     
  • ACB was the first community bank association to develop a computer based bulletin board service for its members. Arkansas Community Bank Network provided information from regulatory, legal, accounting; service providers; and other professional sources. This network was used as the model for the creation of networks for several other state associations as well as the Independent Community Bankers of America's "community bank exchange" network. Arkansas Community Bank Network was the forerunner to today's ACB website www.acbonline.org.
     

Contact us at 800-771-1634, FAX (501) 525-0637, info@acbonline.org

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Mission Statement

The Arkansas Community Bankers Association is committed to the preservation of community banks, their franchise values and the integrity of their local economies. ACB supports 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 the principles for which we stand.

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ACB Board of Directors

Larry Bauer
Planters & Merchants Bank
Gillett
Paul Nipper
Bodcaw Bank
Stamps
Sam Beller
Bank of Cave City
Cave City
Bennie Ryburn, III
Commercial Bank & Trust
Monticello
Martin Carpenter
First National Banking Company
Ash Flat
Milton Smith
First National Bank
Walnut Ridge
Mike Flynn
Simmons First Bank
Fort Smith
John Stacks
Home Bank of Arkansas
Greenbrier
Gary Head
Signature Bank
Fayetteville
Richard Trammell
Arkansas Community Bankers
Hot Springs
Clyde Henderson
Heartland Community Bank
Bryant
Jim Williamson
Citizens Bank & Trust
Van Buren
Jim Gowen, Sr.
Merchants & Planters Bank
Newport
George Worthen
Bank of Little Rock
Little Rock
Cole Martin
First Security Bank
Clarksville
William Wright
Southern Bancorp
Arkadelphia

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ACB Officers & Executive Committee

President
Cole Martin
First Security Bank
Clarksville
Immediate Past President
Milton Smith
First National Bank
Walnut Ridge
Vice President
George Worthen
Bank of Little Rock
Little Rock
Past President
Jim Williamson
Citizens Bank & Trust
Van Buren
Treasurer
Martin Carpenter
First National Banking Company
Ash Flat
Past President
Larry Bauer
Planters & Merchants Bank
Gillett
Secretary
Sam Beller
Bank of Cave City
Cave City
Executive Director
Richard Trammell
AR Community Bankers
Hot Springs

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ACB Staff and Professional Support

Richard Trammell
Executive Director
Hot Springs
BKD
Tax and Accounting Issues
Little Rock
Jennifer Louk
Special Projects
Hot Springs
Mitchell, Williams, Selig, Gates & Woodyard
Insurance Issues
Little Rock
Quattlebaum, Grooms, Tull & Burrow
Bank Regulatory Issues
Little Rock
Dan Wingard
Ambassador for Community Banking
Hot Springs

   
   

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ACB Member Demographics  (Source - FDIC 9/30/09)

Total Member Assets
Total Member Deposits
Total Member Loans
Total Member Equity
$ 53,840,065,000
$ 42,569,147,000
$ 36,708,867,000
$   5,865,655,000
Average Member Assets
Average Member Deposits
Average Member Loans
Average Member Equity
$ 398,815,926
$ 315,327,015
$ 271,917,533
$   43,227,074
Average Loans/Deposits
Average Equity/Assets
Average R.O.A.
Average R.O.E.
86.23%
10.84%
  0.79%
  7.43%
Total # Banking Offices
Average # Banking Offices
1301
9.6
Total # Employees
Average # Employees
Employees per $mm Assets
17,408
134.9
0.32
Members < $100mm Assets
Members > $100mm Assets
38
97
National Bank Charters
State Bank Charters
Federal Savings Bank Charters
State Savings & Loan Charters
38
97
5
1