REPORT OF THE - Arkansas State Bank Department
REPORT OF THE
BANK COMMISSIONER
OF THE STATE OF ARKANSAS 2016
ASA HUTCHINSON Governor
CANDACE A. FRANKS Bank Commissioner
REPORT OF THE
BANK COMMISSIONER
OF THE STATE OF ARKANSAS 2016
ASA HUTCHINSON Governor
CANDACE A. FRANKS Bank Commissioner
ONE HUNDRED AND SECOND ANNUAL
REPORT OF THE
BANK COMMISSIONER
JUNE 30, 2016
STATE OF ARKANSAS
OFFICE OF STATE BANK DEPARTMENT
June 30, 2016
Honorable Asa Hutchinson Governor of Arkansas Little Rock, Arkansas
Governor Hutchinson:
I am pleased to submit to you the One Hundred and Second Annual Report of the Bank Commissioner of Arkansas, pursuant to the provisions of Act 89 of 1997. The Report contains financial and statistical data compiled from Reports of Condition and Income and other regulatory reports submitted to this office for the fiscal year ending June 30, 2016.
The financial services industry continues to undergo change. Arkansas state chartered banks and the trust company continue to successfully meet the challenges of change and offer excellent financial services to the public.
The State Bank Department maintains a Strategic Plan, which the Department's employees develop on an annual basis. The mission of the State Bank Department is to allocate available human and other resources existing in our Examination, Information Technology and Administrative Services Divisions to ensure the continuance of safe and sound financial practices in state chartered financial institutions.
We thank you for the support you and your staff provide and assure you of our continuing efforts to maintain the highest level of professionalism in the performance of our responsibilities.
Cordially,
Candace A. Franks Bank Commissioner
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