About Us

Bank of Lake Village is a small community bank that serves the Southeast Arkansas community of Chicot County and surrounding area.

 

Discover Bank of Lake Village

As a community bank we are community oriented providing for the banking needs of consumer, commercial and agricultural customers in our market area and unlike larger banks decisions are made locally by bank staff that understand the local economy and the needs of our community with the mindset that when people need banking services they need a decision made quickly. We can offer the same services that larger banks provide and can provide them in a more efficient manner so if you are in the need for banking services just give us a call or stop by one of our local branches to speak to one our customer service representative.

Our History

The Bank of Lake Village opened its doors for business in 1937 built on the foundation of Chicot Bank and Trust. Starting from its inception the bank was locally owned and operated and remains so today, in fact many of the directors that serve on the board today are the second or third generation of the original directors and/or shareholders.

Mission

The banks primary mission is to provide for the financial needs of the community in which we operate.

 

Board of Directors

Directors

Terence J Alpe

Sam E Angel

Sam E Angel II

William W Bunker, Jr

Dr. John P Burge

David F Gillison, Jr.

Joseph J Pieroni

John Todd Potter

Charles H Weissinger, Jr.

Charles H Weissinger III

Guy Mattingly Weissinger

Officers

Charles H Weissinger Jr
Chairman

Guy M Weissinger
Vice Chairman

John Todd Potter
President and CEO

Jared Pieroni
Asst Vice President & Agri Loan Officer

Amanda Murdaugh
Vice President & Head Teller

Pam Anderson
Vice President & Loan Review Officer

Sandy Schuck
Asst Vice President & Branch Manager

Becky Clark
Cashier

Melissa Wasson
BSA & Compliance Officer

LaRanda Cook
Consumer Loan Officer

Felix Mondragon
Asst Cashier

Brenda Rutledge
Asst Cashier

 

In need of banking services?

We are here to help you. We can offer not only the money you need, but also expert counseling and direction. Helping you to make the best possible decision and take the best possible direction. Call or email for your loan needs.

Contact UsEmail Us

 

Statement of Condition

As of December 31, 2019

Assets
Details20182019

Cash & Due from Depository Institutions

7,203,496

4,702,673

Securities

19,876,966

18,531,729

Federal Funds Sold

2,075,000

9,250,000

Loans Lease Financing Receivables

33,866,677

29,137,984

Less: Allowance for Loan & Lease Losses

(750,394)

(899,422)

Net Loans & Leases

33,116,284

28,238,562

Premises & Fixed Assets

803,807

752,753

Other Real Estate Owned

855,308

660,938

Other Assets

2,210,184

1,948,854

TOTAL ASSETS

66,141,045

64,085,509

 

Liabilities
Details20182019

Deposits

58,353,045

55,380,589

Federal Funds Purchased

0

0

Other Borrowed Money

0

0

Other Liabilities

28,207

168,091

TOTAL LIABILITIES

58,381,252

55,548,679

 

Equity Capital

Details20182019

Common Stock

600,000

600,000

Surplus

3,550,000

3,550,000

Undivided Profits

3,609,793

4,386,830

TOTAL EQUITY CAPITAL

7,759,793

8,536,830

TOTAL LIABILITIES & EQUITY CAPITAL

66,141,04564,085,509

 

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