An artistic rendering of First Community Bank s new Conway location at 766 Harkrider St.
Batesville’s First Community Bank is enlarging its presence in downtown Conway after the $1.6 million purchase of the former Second Baptist Church in December. Construction of a 16,000-SF office at 766 Harkrider St. is expected to start by October.
A temporary modular branch will be opened on the former church property in July and operated until the new project is completed next summer.
The Harkrider facility will replace First Community’s branch seven blocks away at 1089 Front St. Opened in 2019, the office is the $1.8 billion-asset lender’s first and only branch in Conway.
Send
Encore Bank’s Texas aspirations stand at three offices and counting. So far, the Little Rock bank has full-service branches in the works for Austin, Fort Worth and Dallas.
The $834 million-asset lender will double the count of Arkansas banks with an office in Austin. Little Rock’s Bank OZK holds 0.43% share ($158.4 million) of the $36 billion-deposit market in the Texas capital.
That ranks 25th among the 50 banks on the ground in Austin, where Wells Fargo Bank of Sioux City, South Dakota, sits atop the list with a 20.84% share of deposits totaling $7.6 billion.
Encore will join Bank OZK and Pine Bluff’s Simmons Bank to expand the count of Arkansas banks in Fort Worth and Dallas to three.