Business First Bancshares, Inc. announced that Steven Champney, the Bank's Executive Vice President and Chief Financial Officer, will resign from all of his positions with Business First and the Bank effective as of September 30, 2016. Mr. Champney currently serves as Business First's principal financial officer and principal accounting officer for SEC reporting purposes, and he will no longer be serving in those capacities following his resignation. On July 28, 2016, Business First's board of directors formally designated Terre Bidwell, the Bank's Senior Vice President Accounting and Financial Reporting, as the company's principal accounting officer for SEC certification and reporting purposes, with this designation to become effective immediately.

In connection with this appointment, Business First's board of directors reviewed Ms. Bidwell's duties, responsibilities and her oversight role with respect to the company's financial and accounting functions, and determined that she is the appropriate officer to be designated as Business First's principal accounting officer. Terre Bidwell, prior to joining the Bank, she served since June 12, 2006 in various capacities but was most recently the Executive Vice President, Chief Financial Officer for American Gateway Bank, Port Allen, Louisiana. Ms. Bidwell's duties and responsibilities include management and oversight with respect to Business First's accounting and SEC reporting functions.