EXHIBIT 21
SUBSIDIARIES OF THE REGISTRANT
Parent
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North Arkansas Bancshares, Inc.
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State or Other Percentage
Subsidiaries (1) Jurisdiction of Incorporation Ownership
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<S> <C> <C>
Newport Federal Savings Bank United States 100%
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(1) The assets, liabilities and operations of the subsidiaries are included
in the consolidated financial statements contained in the financial
statements attached hereto as an exhibit.
</FN>
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