Bear State Financial, Inc., formerly First Federal Bancshares of Arkansas, Inc., is a bank holding company. The Company operates through its banking subsidiaries First Federal Bank (First Federal), First National Bank (First National) and Heritage Bank, N.A. (Heritage) (collectively, the Banks). The Banks are community-oriented financial institutions providing a line of financial products to individuals and business customers. The Company offers various loans, including real estate, consumer and commercial loans. Its real estate loans include one- to four-family residential loans, multifamily residential, nonfarm nonresidential, farmland and construction, and land development. The Company�s investment securities available for sale include United States government agencies securities, municipal securities and mortgage-backed securities.