Farmers Bank & Trust Announces Farmers Bank Foundation

(Magnolia, AR—May 24, 2021) – Farmers Bank & Trust of Magnolia, Arkansas, has formed a foundation,
named the Farmers Bank Foundation. The giving priorities of the Farmers Bank Foundation are to
support local nonprofits whose mission is to purposefully enrich the quality of life in the communities
where Farmers Bank & Trust customers and employees live. The foundation’s funding is made possible
by the bank’s shareholders and employees across Arkansas and Texas. The Farmers Bank Foundation is
a 501(c)(3) organization that will operate independently from Farmers Bank & Trust.

Elizabeth Burns Anderson will manage the Farmers Bank Foundation. A fifth-generation employee of
Farmers Bank & Trust and native of Magnolia, Elizabeth has worked to form the foundation and will hold
the position of executive director. She will ensure the funding of local grants and guide the foundation to
be a hub of all the volunteer hours and projects that employees of Farmers Bank & Trust support within
their communities.

“Coming from a family where giving back is your greatest responsibility, forming the Farmers Bank
Foundation has been one of my greatest honors. This foundation will allow Farmers Bank & Trust to have
a lasting legacy in all the markets we serve,” said Elizabeth Burns Anderson, executive director of the
Farmers Bank Foundation.

“We decided to form the Farmers Bank Foundation to further commit to our core values, HEART which
stands for honor, excellence, adaptability, respect, and teamwork, and to demonstrate those values in the
communities we serve. Additionally, we are proud to include the HEART symbol in the new Farmers Bank
Foundation logo,” said Chris Gosnell, chief executive officer of Farmers Bank & Trust.

The Farmers Bank Foundation will continue to fund projects that correspond with the bank’s giving
mission to help veterans, law enforcement/civic workers, education, and wellness. For additional
information or to apply for Farmers Bank Foundation funding, please visit MyFarmers.Bank/FarmersBankFoundation.

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