EXHIBIT 99.1

    STATEMENT FURNISHED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF
                           2002, 18 U.S.C. SECTION 1350

         The undersigned, Dwayne Powell, is the President and Chief Executive
Officer of Pocahontas Bancorp, Inc. (the "Company").

         This statement is being furnished in connection with the filing by the
Company of the Company's Quarterly Report on Form 10-Q for the quarter ended
December 31, 2002 (the "Report").

         By execution of this statement, I certify that:

               A)   the Report fully complies with the requirements of Section
                    13(a) or 15(d) of the Securities Exchange Act of 1934 (15
                    U.S.C. 78m(a) or 78o(d)) and

               B)   the information contained in the Report fairly presents, in
                    all material respects, the financial condition and results
                    of operations of the Company as of the dates and for the
                    periods covered by the Report.

     This statement is authorized to be attached as an exhibit to the Report so
     that this statement will accompany the Report at such time as the Report is
     filed with the Securities and Exchange Commission pursuant to Section 906
     of the Sarbanes-Oxley Act of 2002, 18 U.S.C. Section 1350. It is not
     intended that this statement be deemed to be filed for purposes of the
     Securities Exchange Act of 1934, as amended.

February 14, 2003                                       /s/ Dwayne Powell
- ----------------------                                --------------------------
Dated                                                   Dwayne Powell