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.

Statement of Condition

As of December 31, 2020

Assets
Details	2020	2021
Cash & Due from Depository Institutions	1,662,135	1,522,376
Securities	25,880,294	26,281,428
Federal Funds Sold	7,675,000	13,050,000
Loans Lease Financing Receivables	34,307,957	34,431,649
Less: Allowance for Loan & Lease Losses	(940,749)	(1,796,149)
Net Loans & Leases	33,367,208	32,635,500
Premises & Fixed Assets	790,890	727,597
Other Real Estate Owned	671,338	10,400
Other Assets	1,068,807	1,404,778
TOTAL ASSETS	71,115,672	75,632,079

Liabilities
Details	2020	2021
Deposits	61,879,319	65,490,547
Federal Funds Purchased	0	0
Other Borrowed Money	0	0
Other Liabilities	254,763	652,985
TOTAL LIABILITIES	62,134,081	66,143,232

Equity Capital
Details	2020	2021
Common Stock	600,000	600,000
Surplus	3,550,000	3,550,000
Undivided Profits	4,831,591	5,338,846
TOTAL EQUITY CAPITAL	8,981,591	9,488,846
TOTAL LIABILITIES & EQUITY CAPITAL	71,115,672	75,632,079