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South Arkansas based bank changes hands

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ROGERS, Ark. — Oak Tree Financial Corp., a Rogers-based holding company, has acquired Riverside Bank, which operates branches in Little Rock and Sparkman. The acquisition, first reported by TalkBusiness.net, marks a significant move for the company as it seeks to establish itself as a community banking leader in Arkansas. Financial terms of the deal were not disclosed.

Riverside Bank, based in Sparkman, had total assets of $59.94 million as of Sept. 30, according to the Federal Deposit Insurance Corp. The bank has a long-standing presence in central and southwest Arkansas and plans to reestablish a presence in Northwest Arkansas, where it previously operated a mortgage office in Fayetteville.

Oak Tree Financial was established in 2023 by a group of shareholders focused on community banking in Arkansas. Longtime banker Robert “Rob” Robinson IV has joined as president and chief operating officer of both Oak Tree and Riverside. Robinson, a former chairman of the Arkansas Bankers Association and Simmons Bank executive, brings more than 30 years of industry experience.

Conner Eldridge, a Rogers attorney and former U.S. attorney for the Western District of Arkansas, serves as chairman and CEO of Oak Tree and Riverside. “At Oak Tree Financial, we are thrilled to have closed on the acquisition of Riverside Bank,” Eldridge said. “Stephen [Davis] and his team have done a great job with Riverside, and we are excited to build on that success.”

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Riverside Bank’s leadership team includes Stephen Davis, who will remain as executive vice president and director, alongside Robert Dudley, who will continue as executive vice president, and Spencer Davis, serving as senior vice president with a focus on mortgage lending.

Eldridge highlighted the importance of maintaining strong local leadership, saying, “Together, we are passionate about building Riverside and serving Arkansas communities going forward.”

Robinson echoed this sentiment, emphasizing Riverside’s commitment to community banking: “I am excited to join its management and ownership team along with Conner and OTFC. My industry knowledge and banking philosophy align with Riverside’s mission, and I look forward to supporting the bank’s strategic initiatives.”

With a management team boasting decades of experience, Oak Tree Financial and Riverside Bank aim to expand services while maintaining their focus on Arkansas communities. Stephen Davis expressed optimism about the bank’s future, stating, “I look forward to the growth and success of Riverside Bank under Conner’s leadership and the support of the new shareholders and management team.”

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The acquisition reflects Oak Tree Financial’s strategic vision of fostering local economic development through accessible and community-focused banking services across the state.

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El Dorado Man Faces Charges After SWAT Standoff

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EL DORADO — A 39-year-old El Dorado man is scheduled to make his initial appearance in Union County District Court on Friday after being taken into custody following a lengthy police standoff earlier this week.

According to the El Dorado Police Department, Gary Lee Moore was arrested Tuesday morning after officers responded to a reported aggravated assault and spent more than an hour attempting to negotiate his surrender.

Authorities said officers were first called to South Arkansas Regional Hospital at approximately 6:45 a.m. Tuesday after receiving information about a suspected aggravated assault. Investigators reported that the victim told officers Moore had threatened her life and warned that he would kill any law enforcement officers who attempted to intervene.

Following the report, officers went to a residence in the 2700 block of Mount Holly Road to locate Moore.

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Police secured the area around the residence, including shutting down a portion of Mount Holly Road, while ensuring no other individuals were inside the home. Crisis negotiators then began efforts to persuade Moore to surrender peacefully.

According to police, negotiators used verbal commands and communicated with Moore several times by telephone during the standoff. Despite those efforts, Moore repeatedly refused to leave the residence.

After negotiations proved unsuccessful, the El Dorado Police Department’s SWAT team implemented tactical measures that ultimately prompted Moore to exit the home.

Moore was taken into custody without further incident.

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He has been charged with aggravated assault, terroristic threatening, resisting arrest and several additional charges.

Moore remains in custody and is scheduled to appear in Union County District Court on June 5.

The investigation remains ongoing.

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Youth Festival Of The Arts Set For This Weekend

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EL DORADO, — Young artists from across South Arkansas will have an opportunity to display their creativity and connect with the community during the upcoming Youth Festival of the Arts on Saturday, June 6.

The event, presented through a partnership between the South Arkansas Arts Center and the Boys & Girls Club of Union County, will take place from 10 a.m. until noon at the Boys & Girls Club, located at 1201 N. West Ave. in El Dorado.

Organizers describe the event as a one-of-a-kind children’s art marketplace designed to celebrate and support young artists while encouraging creativity and artistic expression.

The festival will transform the indoor Lanxess Gym at the Boys & Girls Club into an art fair featuring artwork created by children and youth from throughout the region. Community members will have the opportunity to view the artwork, meet young artists and show their support for the next generation of creative talent.

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The event is part of an ongoing effort by both organizations to provide artistic opportunities for local youth and help foster an appreciation for the arts in South Arkansas.

SAAC and the Boys & Girls Club have partnered on numerous programs focused on arts education, and organizers say the Youth Festival of the Arts is designed to give young creators a platform to share their work while building confidence and developing their artistic skills.

Community members are encouraged to attend and help support the area’s emerging artists.

Event Details

  • What: Youth Festival of the Arts
  • When: Saturday, June 6, 2026
  • Time: 10 a.m. to noon
  • Where: Boys & Girls Club of Union County, 1201 N. West Ave., El Dorado
  • Hosted By: South Arkansas Arts Center and Boys & Girls Club of Union County
  • Admission: Open to the public

The event offers families a chance to celebrate creativity, encourage young artists and enjoy a morning dedicated to the arts in El Dorado.

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Juneteenth Celebration Set For June 19th

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EL DORADO — Families from across South Arkansas are invited to gather for a day of celebration, education and community as the Justice League hosts its annual Juneteenth Stop the Violence Family Fun Day on June 19 at the Murphy Arts District Amphitheater.

The free event will take place from 10 a.m. to 3 p.m. at the MAD Amphitheater and will feature food, entertainment, activities for children and community engagement opportunities designed to bring residents together while promoting peace and unity.

Organizers say attendees can enjoy free food, frozen treats, community vendors, a bounce house, water slide, poster contest, speakers, live entertainment and free T-shirts while supplies last.

The event is presented by the Justice League and made possible through support from title sponsor Clean Harbors.

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Celebrating Juneteenth

Juneteenth commemorates June 19, 1865, the day Union soldiers arrived in Galveston, Texas, and informed enslaved African Americans that they were free—more than two years after President Abraham Lincoln signed the Emancipation Proclamation.

Although Lincoln’s proclamation officially declared enslaved people in Confederate states free on Jan. 1, 1863, enforcement depended on the presence of Union troops. In many parts of the South, slavery continued until federal troops arrived and enforced the order.

The announcement in Texas marked one of the final acts of emancipation in the United States and became a day of celebration among formerly enslaved people and their descendants.

Over the decades, Juneteenth grew from local community gatherings into a nationally recognized observance. In 2021, Juneteenth became a federal holiday, officially known as Juneteenth National Independence Day.

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Today, communities across the country celebrate the holiday with festivals, educational programs, cultural events, parades and family gatherings that honor freedom, resilience and African American history.

Bringing the Community Together

Organizers of the El Dorado event say the Family Fun Day is designed not only to celebrate Juneteenth but also to encourage positive community engagement and promote efforts to reduce violence through education, fellowship and outreach.

Residents of all ages are encouraged to attend and take part in the festivities.

Event Information

  • What: Juneteenth Stop the Violence Family Fun Day
  • When: June 19, 2026, from 10 a.m. to 3 p.m.
  • Where: Murphy Arts District Amphitheater, El Dorado
  • Admission: Free
  • Activities: Food, frozen treats, vendors, bounce house, water slide, poster contest, speakers, entertainment and more

The event is open to the public and welcomes families throughout the region to celebrate Juneteenth and the spirit of community together.

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“Calling The Hogs” Event With Chuck Barrett Set For Tonight

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EL DORADO — Razorback fans will have a chance to hear behind-the-scenes stories from one of the most recognizable voices in Arkansas sports tonight as “Calling The Hogs – Stories from the Booth” comes to the Murphy Arts District.

The special event, scheduled for June 4 inside the First Financial Music Hall, will feature legendary Arkansas Razorbacks play-by-play broadcaster Chuck Barrett, whose voice has become synonymous with some of the most memorable moments in Razorback athletics.

Barrett will share stories from his years behind the microphone, offering fans a unique look at the people, moments and memories that have shaped Arkansas sports. The evening is expected to include tales from the broadcast booth, locker room stories and insights into some of the biggest games in Razorback history.

Serving as master of ceremonies will be longtime Arkansas broadcaster and storyteller Rex Nelson, who will help guide the conversation and add his own blend of humor and perspective throughout the program.

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Guests will also enjoy a catered dinner provided by Madhouse 101. Dinner service begins at 6:30 p.m. before the evening’s program gets underway.

Organizers say the event is designed to bring together sports fans, community members and supporters of Arkansas athletics for an entertaining night of storytelling and fellowship.

Tickets are $50 per person, plus applicable fees and taxes. Seating is limited.

The event will be held tonight at the First Financial Music Hall at Murphy Arts District in downtown El Dorado.

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Event Details

  • What: Calling The Hogs – Stories from the Booth
  • When: Tonight, June 4
  • Where: First Financial Music Hall at Murphy Arts District, El Dorado
  • Dinner Service: 6:30 p.m.
  • Cost: $50 per person plus fees and taxes
  • Seating: Limited availability
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Farmers Market On The Square Celebrates Growers Month

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EL DORADO — Main Street El Dorado is inviting families to kick off June with fresh produce, local vendors and a creative activity for children during this week’s Farmers Market on the Square.

As part of Growers Month, the market will welcome local artist Pam Vernon for a free watercolor class designed especially for children. The class will take place Saturday, June 6, from 9:30 a.m. to 10:30 a.m., offering young artists an opportunity to explore their creativity while learning the basics of watercolor painting.

The activity is free and open to children attending the market with their families.

The Farmers Market on the Square is held every Saturday from 8 a.m. until noon on Jefferson Avenue near the Union County Courthouse in downtown El Dorado. The market features a variety of local growers, farmers, artisans and vendors offering fresh produce, homemade goods, plants and other locally sourced products.

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Main Street El Dorado officials say Growers Month is a celebration of the farmers and producers who help supply fresh, locally grown products to the community throughout the season.

Families are encouraged to come early, shop the market and participate in the watercolor class while enjoying a morning in downtown El Dorado.

The event provides a fun and educational opportunity for children while supporting local growers and small businesses that make the Farmers Market a community favorite each summer.

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