History

Our History

In 1906, T.S. Grayson and Robert Warnock, Sr. had a vision – to establish a community-focused bank, Right in the HEART of Magnolia, Arkansas, with the very simple goal of helping their friends and neighbors find financial solutions for a lifetime. Out of that vision, Farmers Bank & Trust Company was chartered. Five generations and over $3 billion in assets later, Farmers has expanded into communities across Arkansas, Texas, and Oklahoma. The vision may have grown, but that simple goal remains the same...it’s the HEART of who we are and how we serve.


1992
Purchased the deposits of the former Home Federal Savings of Magnolia, Arkansas.
1998
Entered the Ouachita County, Arkansas, market through the acquisition of the NationsBank offices in Camden, Arkansas.
2004
Increased Camden, Arkansas, presence through the acquisition of the Heartland Community Bank branches.
2007
Expanded into Malvern, Arkansas, through the acquisition of Southern State Bank.
2012
Opened a full-service branch in Texarkana, Texas, followed shortly by a mortgage loan division.
2014
Acquired 1st Bank, N.A., Texarkana, Texas, which expanded presence in Texarkana, Texas, and added locations in Texarkana, Hope, Lewisville, and Blevins, Arkansas, and New Boston, Texas.
2015
Opened a full-service branch on Arkansas Boulevard in Texarkana, Arkansas.
2016
Expanded into the North Dallas area with a full-service branch in Prosper, Texas, our first branch in the DFW region.
2018
Expanded Saline County, Arkansas, presence with a loan production office in Benton-Bryant.
2019
Expanded our presence along the I-30 corridor as we entered the Nevada County, Arkansas, market through the acquisition of Bank of Prescott.  We also opened a full-service branch on Hollensworth Street in Magnolia, Arkansas.
2020
Replaced the loan production office in Benton-Bryant with a full-service branch and completed a remodel of the main location in Magnolia, Arkansas.
January 2021
Entered the Lamar County, Texas, market with a full-service branch in Paris, Texas
June 2021
Community First Trust became a wholly owned subsidiary of Farmers Bank & Trust with offices in Hot Springs, Hot Springs Village, Little Rock, and El Dorado, Arkansas.
September 2021
Acquisition of nine Arvest branches was announced to take place in early 2022 to expand into the communities of Ashdown, Nashville, DeQueen, Mt Ida, Paris, Glenwood, Dierks, Arkansas, and Broken Bow and Idabel, Oklahoma.
Fall 2021
Completed a remodel of the main location in Camden, Arkansas, and broke ground on new Community First Trust building in Hot Springs, Arkansas, and full service branch in Paris, Texas.
January 2022
Completed the acquisition of nine Arvest locations in Arkansas and Oklahoma.
April 2023
New full-service, main branch location opens in Paris, Texas.
July 2025
Expanded our presence in the North Dallas area and opened a full-service branch in Anna, Texas.




































Farmers Bank & Trust has three wholly-owned subsidiaries, Magnolia Properties, Inc., FB&T Insurance of Southern Arkansas, Inc., and Patmos Holdings LLC. In addition, LPL Financial maintains an office in the Magnolia and Texarkana main banks for our customers who wish to make non-bank investments.