Termination of Order - Simmons Bank - Pine Bluff Branch
Oct 9th, 2023
THE ARKANSAS BANK COMMISSIONER
IN THE MATTER OF
A BRANCH OF SIMMONS BANK
PINE BLUFF, JEFFERSON COUNTY, ARKANSAS LOCATED IN
LITTLE ROCK, PULASKI COUNTY, ARKANSAS
TERMINATION OF ORDER
In accordance with A.C.A. § 23-46-212, the Arkansas Bank Commissioner, with the consent of the Governor, declared a State of Emergency in Pulaski County, Arkansas, on April 5, 2023, due to the severe storms and tornadoes which occurred on March 31, 2023. On April 5, 2023, the Arkansas Bank Commissioner declared that Simmons Bank, Pine Bluff, Arkansas, has been significantly impacted and normal business operations could not be conducted at the Simmons Bank's branch located at 10300 N Rodney Parham Road, Little Rock, Arkansas, because it was severely damaged by a tornado on March 31, 2023. Therefore, the Arkansas Bank Commissioner issued an ORDER, pursuant to the authority granted by A.C.A. §23-46-212(d)(l)(B), for Simmons Bank, Pine Bluff, Arkansas, to close its branch at 10300 N Rodney Parham Road, Little Rock, Arkansas, for a reasonable amount of time. The ORDER was effective for one hundred and twenty (120) days or until terminated by the Bank Commissioner, and was extended a further sixty (60) days from the original August 3, 2023 termination by an amended order dated July 26, 2023.
On Monday, October 2, 2023, Simmons Bank, Pine Bluff, Arkansas resumed normal business operations at the branch at 10300 N Rodney Parham Road, Little Rock, Arkansas. Therefore, the ORDER issued on April 5, 2023, and the July 26, 2023, Amendment to the ORDER for the closure of the branch are hereby terminated.
SIGNED and DATED at Little Rock, Arkansas this 5th day of October 2023.
Susannah T. Marshall