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In Arkansas, Central Bank completes acquisition of Pinnacle Bank

Little Rock, Ark.-based Central Bank completed the acquisition of Rogers, Ark.-based Pinnacle Bank, effective March 31, according to Pinnacle Bank's website. Pinnacle Bank used to be a unit of Pinnacle Bancshares Inc.

With this deal, Pinnacle Bank is to now operate as a full-service branch of Central Bank.

As of Dec. 31, 2016, Central Bank had $116.2 million in assets, while Pinnacle Bank had $77.9 million in assets.

Central Bank is partially owned by Cross County Bancshares Inc., Lonoke Bancshares Inc. and Tyronza Bancshares Inc.