Five banks in northeast Arkansas and southeast Missouri are combining under a single brand.
Farmers Bank and Trust in Blytheville and Piggott State Bank, both in Arkansas, will merge with First Missouri State Bank in Poplar Bluff, First Missouri Bank of SEMO in Kennett, and First Missouri State Bank of Cape County in Cape Girardeau to create FM Bank & Trust.
FM Bank will have $1.4 billion of assets and 19 branches.
Randy Scott, president and CEO of Farmers Bank and Trust, will become the combined bank’s CEO.
“Together, we are stronger than ever,” Scott said in a press release FM Bank “will carry forward the trusted legacy of our five banks while focusing on serving our customers, employees, and communities.”
The consolidation will begin in October and continue throughout 2026.