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, 2020

Assets
Details20202021

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
Details20202021

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

Details20202021

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

71,115,67275,632,079

 

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