Education
Government
Library
Magazine
News
Regulatory Resources
Services
Subsidiaries

 

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.

Click to go to ACB History, ACB Accomplishments, ACB Subsidiaries, ACB Mission Statement, ACB Board of Directors, ACB Officers and Executive Committee, ACB Staff and Professional Support, or ACB Member Demographics.

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 154 community banks and thrifts in Arkansas.

| TOP |

ACB Accomplishments

  • 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 with superior lobbying representation. H. Lacy Landers is the ACB Director of Legislative Affairs. Lacy is a 36 year veteran of the Arkansas General Assembly having served as Speaker of the House and Vice Chairman of the House Insurance and Commerce committee.
     
  • 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.
     
  • ACB was the first community bank trade association in the country to acquire a life insurance company as an affiliate serving as a product delivery mechanism for the benefit of member banks. Through the sale of stock, Community Bank Life is majority owned and controlled by the membership. Community Bank Life and Health produces over $60,000,000 annually in credit and disability insurance protection for customers of community banks.

| TOP |

ACB Subsidiaries

Community Bank Services, Inc.
Organized in 1988 as a delivery mechanism, Community Bank Services provides hundreds of bank products and services to the membership. By utilizing the aggregate purchasing power of the participating banks, we are able to negotiate significant discounts on quality products and feature rich services.

Community Bank Insurance, Inc.
In 1990 the ACB Board of Directors authorized the organization of Community Bank Insurance, Inc. as a general insurance agency subsidiary. Employing the same concept used with bank services, Community Bank Insurance offers a complete line of insurance products to the membership including: group health, life and dental; fidelity bond; directors and officers liability; property and casualty; annuities; estate planning services; stocks; bonds; and mutual funds. CBI also actively assists members in creating retail insurance agencies, licensing and training bank insurance agents and providing a full array of insurance products.

Community Bank Life Insurance Company, Inc.
The acquisition of this company in 1996, and subsequent stock offering allowing member banks to take an equity position, places the ACB family in the unique position of being the provider as well as the underwriter of credit insurance products designed exclusively for use by community banks.

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

| TOP |

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.

| TOP |

Who Does What?

Arkansas Community Bankers
Community Bank Services
Community Bank Insurance
Community Bank Life & Health Insurance Company

P.O. Box 20210
Hot Springs, AR 71903-0210
800-771-1634
Fax 501-525-0637
info@acbonline.org

ACB Board of Directors

Larry Bauer
Planters & Merchants Bank
Gillett
Paul Nipper
Bodcaw Bank
Stamps
Sam Beller
Bank of Cave City
Cave City
Milton Smith
First National Bank
Walnut Ridge
Bennie Ryburn, III
Commercial Bank & Trust
Monticello
John Stacks
Home Bank of Arkansas
Greenbrier
Martin Carpenter
First National Banking Company
Ash Flat
Steve Stafford
First National Bank
Green Forest
Mike Flynn
Simmons First Bank
Fort Smith
Richard Trammell
Arkansas Community Bankers
Hot Springs
Jim Gowen, Sr.
Merchants & Planters Bank
Newport
Don Walsh
Southern State Bank
Malvern
Cole Martin
First Security Bank
Clarksville
Jim Williamson
Citizens Bank & Trust
Van Buren
Art Morris
Signature Bank
Fayetteville
George Worthen
Bank of Little Rock
Little Rock

| TOP |

ACB Officers & Executive Committee

President
Milton Smith
First National Bank
Walnut Ridge
Immediate Past President
Jim Williamson
Citizens Bank & Trust
Van Buren
Vice President
Cole Martin
First Security Bank
Clarksville
Past President
Larry bauer
Planters & Merchants Bank
Gillett
Treasurer
George Worthen
Bank of Little Rock
Little Rock
Past President
Mike Flynn
Simmons First Bank
Fort Smith
Secretary
Don Walsh
Southern State Bank
Malvern
Executive Director
Richard Trammell
AR Community Bankers
Hot Springs

| TOP |

ACB Staff and Professional Support

Richard Trammell
Executive Director
Hot Springs
BKD
Tax and Accounting Issues
Little Rock
Lacy Landers
Legislative Affairs
Benton
Mitchell, Williams, Selig, Gates & Woodyard
Insurance Issues
Little Rock
Jennifer Louk
Special Projects
Hot Springs
Dee Dee Sebren
Center for Financial Training
Hot Springs
Quattlebaum, Grooms, Tull & Burrow
Bank Regulatory Issues
Little Rock
Rebecca Moreno
Center for Financial Training
Hot Springs
Dan Wingard
Ambassador for Community Banking
Hot Springs
 

| TOP |

ACB Member Demographics  (Source - FDIC 3/31/07)

Total Member Assets
Total Member Deposits
Total Member Loans
Total Member Equity
$ 49,684,000,000
$ 40,582,000,000
$ 33,549,000,000
$   5,078,000,000
Average Member Assets
Average Member Deposits
Average Member Loans
Average Member Equity
$ 322,623,000
$ 263,519,000
$ 217,850,000
$   32,974,000
Average Loans/Deposits
Average Equity/Assets
Average R.O.A.
Average R.O.E.
67.52%
10.22%
  0.98%
  9.61%
Total # Banking Offices
Average # Banking Offices
1030
6.7
Total # Employees
Average # Employees
Employees per $mm Assets
17,298
112.3
0.35
Members < $100mm Assets
Members > $100mm Assets
 49
105
154
National Bank Charters
State Bank Charters
Federal Savings Bank Charters
State Savings & Loan Charters
32
115
6
1