FBT Bank & Mortgage

What FBT Bank & Mortgage does

FBT Bank & Mortgage is a privately held, FDIC-insured community bank headquartered in Fordyce, Arkansas, founded in 1931 as Fordyce Bank & Trust and rebranded to reflect its broader regional footprint. It operates five full-service branches and one loan processing office across southeast Arkansas (Fordyce, Rison, White Hall, Pine Bluff, and Watson Chapel), serving Jefferson, Dallas, and Cleveland counties, with approximately $250 million in total assets and 11-50 employees. The bank is chartered under NMLS ID# 766443 and holds a standard state/federal banking license.

The bank offers a comprehensive personal and business banking product suite, including tiered checking (Simple Checking, Simple Advantage at $8/month, Simple Advantage Senior at $4/month for 55+, Simple Student Checking), savings products (Simple Savings, Simple Plus Savings with tiered rates, Cotton Belt Riders Club for children under 13, Christmas Club), CDs and IRAs, mortgages (conventional, FHA, VA, construction/permanent, renovation, land/lot), the Simple Fix unsecured home improvement loan (up to $6,500 at 7.95% APR), auto/boat/RV loans, business checking, nonprofit checking, business savings, and commercial loans. Digital services include online banking, mobile apps for iOS and Android with mobile check deposit, the Simple Share P2P transfer feature (fee-free), and the Simply Secure card on/off function. NMLS-licensed mortgage origination is supported by named originators such as Ricky Ferguson, and the bank uses CSI as its digital banking platform vendor.

Revenue is generated primarily through net interest income (the spread between loan yields and deposit costs), supplemented by recurring monthly account service fees (e.g., Simple Advantage at $8/month, Simple Advantage Senior at $4/month), transaction and processing fees (wire transfers, overdrafts), safe deposit box rentals, and prepaid card issuance fees in partnership with MetaBank ($3 gift cards, $9.95 travel cards). The go-to-market motion is direct-to-consumer through branch presence, community events, financial literacy workshops (Simple Fix), and targeted outreach to segments including students, seniors, families, small businesses, and nonprofits. The bank's competitive positioning centers on local decision-making, personal service, and 90+ years of community roots as differentiators versus larger national banks.

Name

FBT Bank & Mortgage

Legal name

FBT Bank & Mortgage

Website

https://fbtbank.com

Company type

Private

Founded year

1931

Operating status

Operating

Headcount range

11–50 employees

Short description

FBT Bank & Mortgage is a privately held community bank founded in 1931 in Fordyce, Arkansas, operating five branches and one loan office across southeast Arkansas. It provides personal and business banking, mortgages, and commercial loans to individuals, families, students, seniors, nonprofits, and small businesses in Jefferson, Dallas, and Cleveland counties, with approximately $250 million in total assets.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180), Commercial Banking (52211)

SIC

Savings Institution, Federally Chartered (6035), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Government-Insured Mortgage Origination (FHA/VA/USDA) (FSALAAAI)

akta.pro secondary industries

Large Purchase & Lifestyle Personal Loans (Unsecured Installment) (FSAKAAAG), Government Wholesale Lending (FHA/VA/USDA) (FSALACAE)

Keywords

• Community banking
• Personal banking
• Business banking
• Mortgage lending
• Consumer lending

Headquarters

HQ city

Fordyce

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Primary revenue stream from the spread between interest earned on loans (mortgages, auto loans, commercial loans, home improvement loans) and interest paid on deposits (checking, savings, CDs, IRAs). As a depository institution, the bank profits on the margin between borrowing and lending rates.
2. Account and Service Fees: Monthly service charges on certain account types (Simple Advantage $8/month, Simple Advantage Senior $4/month), fees for paper statements, and various service fees.
3. Transaction and Processing Fees: Wire transfer fees, potential overdraft fees, and other transaction-based charges.
4. Safe Deposit Box Rental: Annual rental fees for safe deposit boxes, availability varies by branch.
5. Prepaid Card Fees: Gift card purchase fees ($3), travel card purchase fees ($9.95), and monthly inactivity fees ($2.95 after 12 months unused) for MetaBank-issued MasterCard prepaid cards.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

FBT Bank & Mortgage is a community bank providing personal and business banking services across southeast Arkansas. Its core offerings include checking and savings accounts, certificates of deposit (CDs) and IRAs, mortgage loans, auto/boat/RV loans, home improvement loans, commercial loans, and prepaid MasterCard gift and travel cards. Distribution is through five full-service branches and one loan processing office in Fordyce, Rison, White Hall, and Pine Bluff, supplemented by online and mobile banking channels.

Product overview

FBT Bank & Mortgage offers a unified community banking platform with a comprehensive suite of personal and business banking products and digital services. The personal banking portfolio includes Simple Checking, Simple Advantage, Simple Advantage Senior, and Simple Student Checking accounts; Simple Savings, Simple Plus Savings, Cotton Belt Riders Club, and Christmas Club savings products; Simple CD and Simple Freedom Retirement (IRA) investments; and Simply Home Mortgage Loans, Simple Fix Home Improvement Loans, and Drive Simply auto/boat/RV loans. Business offerings encompass Simple Business Checking, Simple Plus Nonprofit Checking, Simple Business Solutions Savings, Simply Platinum Business Savings, and Simple Solutions Commercial Loans. The digital platform provides Online Banking with bill pay and e-statements, Mobile Banking apps for Android and iPhone with Simple Share P2P transfers, mobile check deposit, and card management features. Additional services include gift cards, travel cards, financial calculators, and a Simple Switch account migration toolkit. The bank operates five branches in southeast Arkansas (Fordyce, Rison, White Hall, Pine Bluff, and Watson Chapel) with approximately $250 million in total assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts A suite of personal checking products including Simple Checking (no monthly fee), Simple Advantage ($8/month with unlimited bill pay, savings discounts, safe deposit box, and instant issue debit card), Simple Advantage Senior ($4/month for ages 55+), and Simple Student Checking (no monthly fee, $25 minimum deposit, debit card and ACH only). For individual consumers and households in southeast Arkansas.
• Personal Savings Accounts A suite of personal savings products including Simple Savings (interest-bearing with quarterly statements), Simple Plus Savings (tiered rates increasing at $2,500 / $10,000 / $25,000 / $50,000 balances), Cotton Belt Riders Club (no minimum balance for children under 13), and Christmas Club (holiday savings from $5 minimum, funds plus interest distributed in November). For individual savers across life stages.
• Certificates of Deposit (CDs) and IRAs Simple CD certificates of deposit with market-rate returns and multiple interest payout methods (check, capitalization, or direct deposit), plus Simple Freedom Retirement (IRA) accounts including fixed-rate long-term CDs and variable-rate 18-month accounts openable with as little as $25. For individual consumers seeking guaranteed-return deposits and retirement savings.
• Mortgage Loans Simply Home Mortgage Loans covering affordable housing, conventional, FHA and VA, construction/permanent one-time-close, renovation, and land and lot loans. For homebuyers and refinancers in southeast Arkansas, originated through NMLS-licensed loan officers.
• Home Improvement and Consumer Loans Simple Fix unsecured Home Improvement Loan up to $6,500 at a fixed 7.95% APR with no closing costs and 60-month or less maturity, plus Drive Simply auto, boat, and RV loans. For Pine Bluff area homeowners and consumer borrowers in southeast Arkansas.
• Business Checking and Savings Simple Business Checking (monthly statement images with e-statements), Simple Plus Nonprofit Checking (no minimum balance, no service charge, unlimited check writing for registered nonprofits), Simple Business Solutions Savings (interest-bearing with quarterly statements), and Simply Platinum Business Savings (tiered rates at $2,500 / $10,000 / $25,000 / $50,000 balances). For small to large workforce businesses and nonprofit organizations in southeast Arkansas.
• Commercial Loans Simple Solutions Commercial Loans for buying, building, or expanding businesses — covering investment properties, commercial acquisition or expansion, and equipment purchases. Subject to credit and collateral approval. For small to mid-market business borrowers in southeast Arkansas.
• Online Banking 24/7 internet banking platform providing account access, bill pay, balance inquiry, account history, fund transfers, check reordering, and e-statements. For personal and business banking customers in southeast Arkansas.
• Mobile Banking App Mobile banking application available for iOS and Android featuring Simple Share P2P transfers, Simply Secure card on/off control, Simply Snap mobile check deposit via smartphone camera, advanced bill pay, and full account management. For individual and business banking customers.
• Prepaid Gift and Travel Cards MetaBank-issued MasterCard prepaid gift cards ($3 fee, $10–$1,000 denominations, non-reloadable) and travel cards ($9.95 fee, $20–$3,000 denominations, companion card available, PIN transactions accepted). Accepted anywhere MasterCard debit is accepted.

Quantifiable outcome

• Over $5,000 awarded annually to four winners and their schools through the Simply Artful Celebration of Black History Month Arts Contest
• +2 more outcomes

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/fbtbank
• Facebookfacebook.com/100064015871518

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FBT Bank & Mortgage