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, 2019

Assets
Details	2018	2019
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
Details	2018	2019
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
Details	2018	2019
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	66,141,045	64,085,509