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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.

Special Meeting of the State Banking Board

Jan 15th, 2019


Notice is hereby given that a Special Meeting of the State Banking Board is scheduled for Thursday, February 28, 2019.  The meeting will be held at 10:00 a.m. in the conference room of the Arkansas State Bank Department, 400 Hardin Road, Suite 100, Little Rock, Arkansas.

The Board will hear the following items of business:

  1. An application by Simmons Bank, Pine Bluff, Jefferson County, Arkansas, to merge Reliance Bank, Des Peres, St. Louis County, Missouri, with and into Simmons Bank, Pine Bluff, Arkansas;
  1. An application by Generations Bank, Hampton, Calhoun County, Arkansas, to relocate its main office to Rogers, Benton County, Arkansas; and
  1. Any other business, which may properly be brought before the Board.


SIGNED THIS 15th day of January 2019.



                                                                                                Candace A. Franks

                                                                                                Bank Commissioner


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The Great Seal of Arkansas

The State Bank Department was created by Act 113 of 1913. The Department is charged with regulating commercial banks with main offices in Arkansas. These 79 banks hold assets of over $101.5 billion as of March 31, 2019. 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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