Relyance Bank, N.A. v. Steve Pharr and Simmons Bank

Cite as

2026 Ark. 55

SUPREME COURT OF ARKANSAS No. CV-23-8 Opinion Delivered: March 19, 2026 RELYANCE BANK, N.A. APPELLANT APPEAL FROM THE LINCOLN COUNTY CIRCUIT COURT [NO. 40CV-20-44] V. HONORABLE ROBERT H. WYATT, JR., JUDGE STEVE PHARR AND SIMMONS BANK AFFIRMED; COURT OF APPEALS’ APPELLEES OPINION VACATED. RHONDA K. WOOD, Associate Justice Relyance Bank’s agent told a title company that Relyance would release its mortgage on certain real property. As a result, Simmons Bank loaned Steve Pharr the money to buy the apparently unencumbered property. Years later, Relyance sued and tried to enforce…