ASH FLAT, Ark. (Jan. 4, 2024) – FNBC Bank, a cornerstone in the community for over a century, proudly announces significant leadership promotions as part of a long-term succession planning initiative. Chad Hudson has been promoted to President as of Jan. 1, 2024, becoming the bank’s 11th president and only the 4th president in the last 50 years.
Hudson has been with FNBC since 2011, serving in numerous roles such as Community President for Mountain Home, Executive Vice President, Chief Lending Officer, and Regional President. He has been a pivotal leader in the bank’s growth over the past decade, helping to more than double the bank’s asset size and expand its footprint into new growth markets like Jonesboro and West Plains.
As President, Hudson will oversee the bank’s daily operations with direct oversight over innovation and technology, human resources, marketing and operations.
“FNBC has a strong legacy of leadership, and I am honored to serve as its next President,” said Hudson. “In my career, I’ve worked with very strong leaders but none more impactful than Martin Carpenter and Marty Sellars. They’ve modeled impeccable work ethics and have shown true leadership through challenges and opportunities. It’s truly an honor to be selected for this incredible opportunity to continue to lead and build FNBC into the future and to serve with such a strong management team and talented group of community bankers.”
Hudson succeeds Marty Sellars, who continues to serve as Chief Executive and on the Board of Directors. Sellars, a 40-year employee of FNBC, served as President from 2003 and has been CEO since 2016.
“It has been a privilege to serve as the President of FNBC for the past 20 years,” said Sellars. “In that time, our organization has been resilient and seen tremendous growth and achievement. I have been fortunate to be part of building a strong Executive and Senior leadership team who I am confident, under Chad’s leadership, will take FNBC to even greater success in the future.”
Hudson, who served as Regional President and Chief Lending Officer, is succeeded by Trent Brown, who is now Executive Vice President and Chief Lending Officer. Brown will continue to serve as Community President for the Jonesboro market, a position he’s held since early 2023.
Brown brings more than 20 years of banking experience to his role and is a trusted and respected lending authority in the Jonesboro market. In his new role, he is now a member of the bank’s Executive Management team and is responsible for continued oversight of strategic growth and management of the loan portfolio.
“Trent joined us in early 2022 and we quickly recognized his strengths and the elevated level of leadership he brings to our organization,” said Hudson. “I am confident he will continue to lead loan portfolio and market share growth across our footprint.”
FNBC has long been committed to a rigorous strategic planning process, ensuring the durability of a strong culture and sustainable growth. In late 2021, it’s Executive and Senior Leadership teams began preparing for future success and continued independence by beginning a succession planning project to identify the next generation of leaders for the organization. This rigorous process included a thorough evaluation of candidates and began preparing all leadership roles for the future.
Chartered in 1912 as the Bank of Ash Flat, FNBC Bank has over $775 million in assets with offices across North Central and Northeast Arkansas, and South-Central Missouri. It employes 130 full-time and part-time employees.
