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Banks' Economic Impact in Arkansas

Banks fuel Arkansas's economic growth through new home, small business and small farm loans to 4.7 million customers. They employ 25,443 people and provide more than $1.6 billion in total compensation annually.


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JOBS
EMPLOYEES
25,443
TOTAL ANNUAL COMPENSATION
Includes wages and benefits.
$1.6 Billion
AVERAGE TOTAL COMPENSATION
$61,245
 
Source: Estimates based on ABA Survey Data
CUSTOMERS SERVED
CUSTOMERS
4.7 Million
INSURED DEPOSITS
$64.2 Billion
BANKS OPERATING BRANCHES
122
BRANCHES & OFFICES
1,345
Source: Estimates based on ABA Survey Data, FDIC, FDIC Branch Data
LOANS
SMALL BUSINESS LOANS OUTSTANDING
$2.7 Billion
 
New Home Loans Booked in 2016

TOTAL VALUE
$6.3 Billion
NUMBER OF LOANS
42,438
MEDIAN LOAN SIZE
$116,000
 
SMALL FARM LOANS OUTSTANDING
$1.7 Billion
Source: Estimates based on ABA Survey Data, HMDA
GIVING BACK
VOLUNTEER HOURS
122,744
Source: Estimates based on 2016 ABA Survey Data

Data for year-end 2016



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