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Arkansas State Bank Department

The mission of ASBD is to maintain a legal and regulatory structure for Arkansas's financial industry. This structure provides the public with convenient, safe and competitive banking, which fosters economic development within this State. Our mission is accomplished through efficient allocation of available human and other resources existing in our Examination, Information Technology and Administrative Services Divisions.

Bank Holding Companies

A holding company must be thought of as a business entity with the purpose of serving as a source of financial and managerial strength to its subsidiaries.  The parent company’s board of directors is responsible for formulation of applicable policies and contracts, as well as initiation of procedures for proper record keeping that will ensure the correct preparation of all Federal Reserve System reports. 

The links below contain recommendations for the development and improvement of holding company records.

Shareholders’ and Directors’ Meetings

General Ledger, Cash Receipts and Disbursements Journal, and Financial Statements

Management Fee Contracts

Sections 23A and 23B of the Federal Reserve Act

Stock Transfer Notifications and Other Information for the State Bank Commissioner

Additional information may be found in the Federal Reserve’s Bank Holding Company Supervisory Manual.

For additional information from the Arkansas State Bank Department click here for information on how you can contact us.


The Great Seal of Arkansas

The State Bank Department was created by Act 113 of 1913. The Department is charged with regulating state-chartered commercial banks with main offices in Arkansas. These 72 banks hold assets of over $164 billion as of June 30, 2024. The Department also is charged with supervising the bank holding companies of Arkansas state-chartered banks; state-chartered trust companies; regional and county industrial development corporations; industrial loan institutions; and capital development companies. The Department operates to ensure the safety and soundness of, and public confidence in, these institutions and organizations.


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