Randy Bearce to lead Farmers & Merchants Bank in Jonesboro market

The board of directors of Farmers & Merchants Bank has appointed Randy Bearce as market president for its Jonesboro operations. In his new role, Bearce will oversee the retail and lending operations in Northeast Arkansas’ largest city. He served as a commercial lender.

“I’m excited for Randy to move into this leadership position,” private banking manager Gary Childers said.  “He is well-respected by the bank staff, his customers and the Jonesboro community. Randy is a person that goes above and beyond to serve his customers as well as Jonesboro, and he has the experience necessary to be a successful Market President. Congratulations Randy.”

A Jonesboro native, Bearce is an alumnus of Valley View High School and Arkansas State University, where he earned a degree in finance.

Bearce started his career in the financial industry more than 27 years ago and has worked as a lender in the Jonesboro region since 1999. He joined the Farmers & Merchants Bank and Integrity First team in 2013.

“I appreciate the opportunity Farmers & Merchants Bank has offered me to serve as market president for the Jonesboro area,” Bearce said. “Jonesboro is a great place to live and raise a family, and I am proud to call this community home. I am excited to lead such a great team as we expand our presence in Jonesboro.”

Farmers & Merchants Bank, headquartered in Stuttgart, is a locally-owned community bank with 27 locations across the state of Arkansas. Farmers & Merchants recently expanded its footprint in the Jonesboro area with a second branch at Parker Road and Southwest Drive.

With assets in excess of $1.6 billion, Farmers & Merchants is the 10th largest bank chartered in Arkansas.