Federal Deposit Insurance Corporation FDIC Insured - Backed by the full faith and credit of the U.S. Government.

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 II

William W Bunker, Jr

Dr. John P Burge

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
Vice President & Agri Loan Officer

Amanda Murdaugh
Vice President & Head Teller

Pam Anderson
Loan Review Officer

Keith Hunter
Vice President & Agri Loan Officer

 

Sandy Schuck
Asst Vice President & Branch Manager

Becky Clark
Cashier

Melissa Wasson
BSA & Compliance 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, 2023

Assets
Details20222023

Cash & Due from Depository Institutions

6,322,823

2,912,547

Securities

22,034,842

22,362,074

Federal Funds Sold

17,100,000

9,775,000

Loans Lease Financing Receivables

43,464,292

48,953,929

Less: Allowance for Loan & Lease Losses

(1,732,221)

(2,018,568)

Net Loans & Leases

41,732,070

46,935,361

Premises & Fixed Assets

818,922

749,087

Other Real Estate Owned

0

0

Other Assets

2,900,476

3,020,669

TOTAL ASSETS

90,909,133

85,754,738

 

Liabilities
Details20222023

Deposits

82,149,023

74,841,898

Federal Funds Purchased

0

0

Other Borrowed Money

0

0

Other Liabilities

222,260

594,706

TOTAL LIABILITIES

82,371,283

75,436,604

 

Equity Capital

Details20222023

Common Stock

600,000

600,000

Surplus

3,550,000

4,032,900

Undivided Profits

4,387,850

5,685,234

TOTAL EQUITY CAPITAL

8,537,850

10,318,134

TOTAL LIABILITIES & EQUITY CAPITAL

90,909,13385,754,738

 

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