First Community Bank was formed in 1997, when 153 investors came together to open its first branch in Batesville with 14 employees and $3.5 million in capital.
The Cherokee Village location on Highway 62/412 is the newest addition to the First Community Bank family.
Chairman and CEO Dale Cole, a charter board of directors member, spoke to the group at the grand opening, as did President and Chief Operations Officer Boris Dover.
Loan officer Deloris Lindsey, Prudy Moore, and Fred Holzhauer also thanked the cities of Highland and Cherokee Village for their support, as well as that of the community that has welcomed them.
During the ribbon cutting and grand opening, Fred Holzhauer presented Hardy singer Lauren Gray with money to help with expenses as she competes on the American Idol television show. The bank also provided monetary support to the Ministirial Alliance at the ribbon cutting ceremony.
A barbecue meal was catered for customers from John 3:26 Ministries in Charlotte, Ark.
Women in attendance were treated to a red rose for Valentine's Day.
The original 14 employees had strong banking backgrounds and a determination to become the bank of choice.
The bank's slogan "Where Community Comes First" quickly became the guiding force that set First Community Bank apart, representatives said at the event.
In 2002, groundbreaking took place for a new 43,000 square foot main bank building located on the corner of St. Louis and Harrison Streets in Batesville.
On Sept. 2, 2003, the main branch opened, boasting its theme slogan, "The Cornerstone of Our Community."
Through the years, the bank has grown to serve customers at 13 Arkansas branch locations and three in Missouri.