Petit Jean State Bank was established in 1999 when a group of local Conway County business leaders recognized the need for Morrilton and Conway County to have a locally-owned and managed bank. In just 59 days, the organizers had influenced some 300 additional investors to commit to the new bank.
Petit Jean State Bank opened its doors on February 16th, 1999 in a building at 707 North St. Joseph Street in Morrilton, Arkansas that was originally built and occupied by AP&L. Having been remodeled and improved over time, it remains Petit Jean State Bank’s main office.
In 2009, on our 10th anniversary, we opened our full-service University Branch at 1620 University Boulevard to serve the needs of our expanding customer base and our community.
Petit Jean State Bank ATMs are located at both banking facilities and in the lobby of CHI St. Vincent’s Hospital in Morrilton.
Petit Jean State Bank is regulated by the Arkansas State Bank Department and The Federal Reserve Bank, and deposits are insured by the FDIC.
From its organization, Petit Jean State Bank’s mission has been to be the premier widely-held independent community financial institution in the region we serve, and “…to excel in creating value for our customers, employees, shareholders and communities by providing superior financial service in a safe, sound, and non-discriminatory manner”. We have remained true to that mission and are proud to be the only hometown bank in Morrilton and Conway County, or best said as being “Right In Town, Right In Touch”.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
The drum of the realization of the promise is beating, we are sweeping the road to the sky. Your joy is here today, what remains for tomorrow? The armies of the day have chased the army of the night...
NMLS 1795154