About Us
Mission Statement and Philosophy
Diamond Bank was organized in 2007 to provide a stable source of financial leadership in the communities we serve. Our Primary market area is Pike, Howard, Hempstead, Sevier, Garland, Montgomery, Polk and Hot Spring counties in Southwest Arkansas. The philosophy of this bank has been and continues to be, one of maintaining mutually beneficial relationships with our customers and communities. Our goal is to provide a high level of sound and meaningful financial services to the people we serve. Southwest Arkansas continues to grow and prosper with good diversity of economic sectors including industry, education, construction, agriculture and retail trade while gaining a fair return for our stockholders.
The History of Our Merger

Two of Southwest Arkansas’ strongest banks joined forces in March of 2007. Diamond State Bank of Murfreesboro and Arkansas Diamond Bank of Glenwood combined with more than $350,000,000 in total assets. Both were and continue to be locally owned by the Bainum family. The bank's staff consists of more than 150 banking professionals.
Executive Management Team
- Tim Bainum, M.D. Chairman of the Board
- Duke Bainum , M.D. CEO and President
- Marnie B. Oldner Chief Financial Officer, Acting Chief Lending Officer
- Harold Smith, Executive Vice President, Loan Monitoring
- Kirby Williams Chief Marketing & Retail Banking Officer, Acting Chief Operations Officer
Lending Division Management
- Rusty Burke Regional Lending Manager, South
- Buddy Newbolt Regional Lending Manager, West
- Barry Owens Regional Lending Manager, Central
Retail Division Management
- Kay Bowen Regional Retail Banking Manager, West
- Ted Nobles Regional Retail Banking Manager, Central
- Susan O’Neal Regional Retail Banking Manager , South
Operations Division Management
- JoLen Hull Human Resources Manager
- Jolene Deaton, Operations Center Manager
Information
Technology Management
- Angie Fabian, Chief Information Officer
Bainum Bancorp Management
- Lynda Robbins, Holding Company Manager
- Kelley Duggan, Asset Manager