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 $2 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.

Timeline of Growth

  • 1992 - Purchased the deposits of the former Home Federal Savings of Magnolia
  • 1998 - Entered the Ouachita County market through the acquisition of the NationsBank offices in Camden
  • 2004 - Increased Camden presence through the acquisition of the Heartland Community Bank branches
  • 2007 - Expanded into Malvern 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 full-service branch on Arkansas Boulevard in Texarkana, Arkansas
  • 2016 - Expanded into the Dallas area with a full-service branch in Prosper, Texas, our first branch in the Dallas area
  • 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
  • 2020 - Replaced the loan production office in Benton/Bryant with a full-service branch and completed a remodel of the main location in Magnolia
  • 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, broke ground on new Community First Trust building in Hot Springs, AR and full service branch in Paris, TX
  • January 2022 - Complete acquisition of nine Arvest locations in Arkansas and Oklahoma
  • April 2023 - New full service, main branch location opens in Paris, TX

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.

Mission Statement

Friends and neighbors helping each other find financial solutions for a lifetime. 

Commitment to the Community

Farmers Bank employees are volunteers for many activities and programs through our branch communities: Relay for Life, United Way, Magnolia Blossom Festival, Hope Watermelon Festival, and Malvern Brickfest, to name a few. Farmers Bank is in full support of the activities of the volunteers. Our goal is to make the communities we serve better places for employees, bank customers, and all community members. We encourage you to find ways to be involved in your community!

CEO's Message

We want to welcome you to Farmers Bank and Trust - a community bank that has given our customers the highest priority for over a century. We believe that success is simply a matter of treating our customers the way we would want to be treated.
Farmers Bank and Trust Company was chartered on September 26, 1906 in Magnolia, Arkansas. The oldest existing general ledgers indicate that the bank began with approximately $75,000 in assets. The primary business of the bank at the time was deposit services. Today, the bank's assets are $2.8 billion and offers a wide variety of products and services to serve the needs of the communities it serves. 

The bank has built a reputation of conservative soundness that has served it well. Through the years, our bank has enjoyed a character of strong integrity and honesty that has enabled the bank to gain increased market share in the banking market.

Please feel free to visit, call, or e-mail us today. We put our customers first and are dedicated to serving the banking needs of our community and beyond.

To Us, You're Family.

Chris Gosnell 

Core Values


We do the right things. 

We are devoted to holding ourselves, each other and our Bank to the highest ethical standards. We uphold the letter and the spirit of the laws, regulations, and policies under which we operate.


We do things right. 

We strive for service and performance excellence in each and every action. We believe in building lifelong customer relationships by exceeding their expectations and offering solutions that meet their needs.


We respond right.

We diligently seek to exceed the expectations of our Employees, our Customers and our Communities. We embrace new concepts and solutions by anticipating and reacting quickly to changes in banking laws and the economic environment.


We treat others right.

We value our customers and employees by communicating openly, honestly and consistently. We recognize the importance of personal and professional growth and provide an atmosphere that encourages it.


We perform right.

With unity of purpose, our employees focus on working together to achieve the vision and mission of Farmers Bank & Trust. While we recognize and value individual contributions toward achievement of our common goals, we also realize we are better together!