Benton officers arrested the man believed to be responsible for a robbery that occurred around 9:40 a.m. Tuesday at Summit Bank on Highway 35 North.
Richard Swicegood, 37, of Waxahachie, Texas, was arrested in Forrest City on Tuesday afternoon.
Swicegood is also believed to be responsible for robberies that occurred at the same bank in 2009 and 2011, said Lt. Kevin Russell, Benton Police Department spokesperson.
During the robbery Tuesday, Swicegood allegedly entered the bank and demanded money after displaying a pistol to the teller. He fled on foot after obtaining an undisclosed amount of money, Russell said.
Currently, Swicegood has been charged with three counts of aggravated robbery, theft of property and unauthorized use of another person's property to facilitate a crime in connection with Tuesday's robbery, according to the Saline County Sheriff's Office inmate roster.
Swicegood will be facing several more charges including possible charges from other agencies, Russell said.
A separate aggravated robbery charge will be filed for each person who was inside the bank at the time of the robberies.
"More information will be forthcoming, but we wanted to make the public aware that he has been arrested and is no longer being sought," Russell said.
On Jan. 16, 2009, bank employees reported a white man entered the bank and handed a teller a note demanding money. The note indicated that the robber was armed, but he never displayed a weapon, said Russell at the time.
The second robbery occurred May 30, 2011. During this incident, bank employees reported a man displayed a pistol and left the bank with an undisclosed amount of money. He was observed leaving in a 1990s model Chevrolet S-10 pickup truck.
"It can be very traumatic for the victims," Russell said during an interview after the 2011 robbery. "It is a life-threatening situation that most people never encounter. I think an arrest would also be a sense of closure for the victims of the crime â€” not to mention that it would get another dangerous criminal off the streets."