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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.
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
Roscoe Word
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
LaRanda Cook
Vice President & Consumer Loan Officer
Becky Clark
Cashier
Melissa Wasson
BSA & Compliance Officer
Felix Mondragon
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.
Community Involvement
Home State Bank is a proud to be a part of the Royal Community. We are happy to support these and other local business in our town.
Statement of Condition
As of December 31, 2024
Assets
Details | 2024 | 2025 |
Cash & Due from Depository Institutions | 16,801,637 | 1,855,877 |
Securities | 20,399,805 | 22,480,789 |
Federal Funds Sold | 0 | 10,100,000 |
Loans Lease Financing Receivables | 44,618,962 | 45,742,673 |
Less: Allowance for Loan & Lease Losses | (2,542,985) | (3,059,338) |
Net Loans & Lease | 42,075,978 | 42,683,335 |
Premises & Fixed Assets | 682,953 | 747,832 |
Other Real Estate Owned | 0 | 0 |
Other Assets | 3,941,227 | 3,962,141 |
TOTAL ASSETS | 83,901,600 | 81,829,974 |
Liabilities
Details | 2024 | 2025 |
Deposits | 72,452,634 | 68,317,344 |
Federal Funds Purchased | 0 | 0 |
Other Borrowed Money | 0 | 0 |
Other Liabilities | 347,653 | 359,584 |
TOTAL LIABILITIES | 72,800,287 | 68,676,928 |
Equity Capital
Details | 2024 | 2025 |
Common Stock | 600,000 | 600,000 |
Surplus | 4,032,900 | 4,867,900 |
Undivided Profits | 6,468,412 | 7,685,146 |
TOTAL EQUITY CAPITAL | 11,101,312 | 13,153,046 |
TOTAL LIABILITIES & EQUITY CAPITAL | 83,901,600 | 81,829,974 |