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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.

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Staff Appointments/Promotions/Transfers

The Arkansas State Bank Department congratulates the following employees on their recent appointment/promotion/transfer:

Larry Black was promoted to Commissioned Bank Sr. Examiner effective August 7, 2022. Mr. Black earned a Bachelor of Science Degree with a Major in Financial Economics from Oklahoma Wesleyan University in 2013,
and a Juris Doctor Degree from University of Arkansas at Little Rock William H. Bowen School of Law in 2016. Mr. Black has served the Arkansas State Bank Department in the Trust Examination Division since September 18, 2017
and works out of our Little Rock Office.
Elliot Hartle was promoted to Commissioned Bank Sr. Examiner effective August 7, 2022. Mr. Hartle earned a Bachelor of Business Administration Degree in Finance from University of Central Arkansas in 2009. Mr. Hartle is a veteran of the United States Air Force and has served the Arkansas State Bank Department in the Information Systems Examination Division since September 18, 2017, and works out of our Little Rock Office.
Caleb Hamilton was promoted to Commissioned Bank Sr. Examiner effective August 7, 2022. Mr. Hamilton earned a Bachelor of Science in Business Administration with a concentration in Financial Services from Emporia State University in 2013, and a Master of Education from Rockhurst University in 2015. Mr. Hamilton has served the Arkansas State Bank Department at the Springdale Regional Office since November 16, 2020.

 

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 74 banks hold assets of over $147.1 billion as of June 30, 2022. 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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