On October 12, 2016, Business First Bancshares, Inc. (Business First) and its wholly-owned subsidiary, Business First Bank (the Bank) terminated Robert Bond, the bank's executive vice president and Capital Region chief executive officer, from all of his positions with Business First and the Bank effective immediately. At this time, Business First does not anticipate that it will appoint another executive officer to Mr. Bond's former position. It is expected that his duties will be allocated between two of the Bank's existing market presidents who are not named executive officers of Business First.