First National Bank of Eastern Arkansas
First National Bank of Eastern Arkansas is headquartered in Forrest City and is the 28th largest bank in the state of Arkansas. It is also the 1,604th largest bank in the nation. It was established in 1886 and as of March of 2022, it had grown to 104 employees at 14 locations. First National Bank of Eastern Arkansas' CD rates are 57% higher than the national average, and it has a B+ health rating.
The Best Hometown Bank
I have banked with First National Bank of Eastern Arkansas for over 20 years. I opened my first checking account there when I was 17 and got my first job. Since then, I have opened Savings accounts for myself and my children. The tellers in my town have become my friends. They recognize me and I know most of them by name. It is a very pleasant experience when I go into the bank. Sometimes I choose to go inside instead of just using the ATM, just so I can speak and say hello. There are branch banks in the surrounding towns. This makes it convenient if I am going out of town and need to stop by the bank before I go out of town. They are also open on Saturdays. I am glad to have a hometown bank that treats its customers like family.
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 3863 |
| Year Established | 1886 |
| Employees | 104 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.53% |
| Return on Equity - YTD | 6.15% |
| Annual Interest Income | $3.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $561.1MM$528.0MM |
| Loans | Q1 2022vs Q1 2021 | $235.1MM$219.3MM |
| Deposits | Q1 2022vs Q1 2021 | $514.5MM$477.0MM |
| Equity Capital | Q1 2022vs Q1 2021 | $44.2MM$48.4MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $3.8MM$3.8MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $3.4MM$1.5MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
