Farmers Bank & Trust Company
Magnolia, Arkansas, Columbia County
$3.2B in total assets, the 421st largest of 4,309 US banks and 8th of 78 headquartered in Arkansas.
- FDIC certificate
- 1291
- Established
- 1906
- Owned by
- Magnolia Banking Corp
- Primary regulator
- FED
- Website
- www.myfarmers.bank
At a glance
Compared with 19 banks headquartered in Arkansas with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $3.2B | 84% | $1.6B | |
| Loans | $2.4B | 84% | $1.3B | |
| Deposits | $2.7B | 84% | $1.4B | |
| Return on assets | 1.40% | 63% | 1.23% | |
| Net interest margin | 4.09% | 58% | 4.01% | |
| Efficiency ratio | 57.9% | 58% | 57.4% | |
| Equity to assets | 9.15% | 32% | 11.19% | |
| Loans to deposits | 89% | 53% | 88% |
Growth
Total assets grew 10.3% a year over the last 5 years and 9.4% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Nov 2019 | Bank of Prescott Prescott, AR | $68M |
| Jan 2015 | 1st Bank, National Association. Texarkana, TX, an affiliate under the same holding company | $324M |
| Feb 2008 | Southern State Bank Malvern, AR, an affiliate under the same holding company | $87M |
| Mar 1992 | Home Federal Savings of Kansas City Kansas City, MO | $2.3B |
Where they operate
38 branches in 18 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Columbia County, AR | $739M | 72.7% | 1 of 4 |
| Bowie County, TX | $448M | 21.6% | 1 of 16 |
| Lamar County, TX | $337M | 19.4% | 3 of 8 |
| Collin County, TX | $309M | 0.8% | 24 of 70 |
| Hempstead County, AR | $194M | 45.2% | 1 of 6 |
| Ouachita County, AR | $170M | 37.3% | 1 of 5 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 14 branches since 2016 (24 to 38, +58.3%). 18 opened, 1 acquired, 5 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 24 | |||
| 2016 | Opened Prosper | 1 | 0 | +1 | 25 |
| 2017 | Closed Texarkana | 0 | 1 | −1 | 24 |
| 2018 | Opened Bryant | 1 | 0 | +1 | 25 |
| 2019 | Acquired Bank of PrescottOpened 4 in Arkansas, closed Magnolia | 5 | 1 | +4 | 29 |
| 2020 | Closed Camden and Hope | 0 | 2 | −2 | 27 |
| 2021 | Opened ParisClosed Blevins | 1 | 1 | 0 | 27 |
| 2022 | Opened 9 in 2 states | 9 | 0 | +9 | 36 |
| 2023 | Opened Paris | 1 | 0 | +1 | 37 |
| 2025 | Opened Anna | 1 | 0 | +1 | 38 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 47% | 28% | |
| 1-4 family residential | 16% | 23% | |
| Business (C&I) | 15% | 14% | |
| Construction and land | 10% | 13% | |
| Farmland | 6% | 10% | |
| Multifamily | 3% | 5% | |
| Consumer | 2% | 2% | |
| Agricultural | 1% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 53% | 47% | |
| Time deposits | 25% | 35% | |
| Noninterest-bearing | 22% | 18% |
Brokered deposits are 1.9% of deposits (peers 7.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.32% | 0.39% |
| Net charge-offs, annualized | 0.19% | 0.08% |
| Reserves to loans | 1.34% | 1.27% |
| Leverage ratio | 9.87% | 10.74% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Arkansas
Largest competitors in Columbia County, AR
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/farmers-bank-trust-magnolia-ar