A name change and new parent company are accompanying the pending acquisition of Forrest City Bank.
Big Creek Bancshares Inc. of Moro (Lee County) staked a trademark claim on ArmorBank in connection with the deal.
Mark Waldrip, president and CEO of Big Creek, owns a 75.2 percent stake in the new bank holding company.
His son, Nathan, chief financial officer of the family’s Armor Seeds enterprise, and Stephen Edwards, president of GES Inc. of Marianna, will each own 9.5 percent.
GES operates the Food Giant grocery store chain, with supermarkets in Forrest City, Harrisburg, Marianna and four locations in Little Rock, along with convenience stores in McCrory and Augusta.