<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001328409</cik>
        <entityName>WHITE RIVER BANCSHARES CO</entityName>
        <issuerAddress>
            <street1>3878 N. CROSSOVER ROAD</street1>
            <street2>SUITE 20</street2>
            <city>FAYETTEVILLE</city>
            <stateOrCountry>AR</stateOrCountry>
            <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
            <zipCode>72703</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>479-684-3700</issuerPhoneNumber>
        <jurisdictionOfInc>ARKANSAS</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gary</firstName>
                <middleName>Russell</middleName>
                <lastName>Head</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>WIlliam</firstName>
                <middleName>Lee</middleName>
                <lastName>Gregory</lastName>
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                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Hope</firstName>
                <middleName>Willard</middleName>
                <lastName>Lundt</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Adam</firstName>
                <lastName>Arroyos</lastName>
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                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>Andrew</middleName>
                <lastName>Dominick</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>Eugene</middleName>
                <lastName>Hill</lastName>
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            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>Leroy</middleName>
                <lastName>McConnell</lastName>
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                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <middleName>Todd</middleName>
                <lastName>Simmons</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Matt</firstName>
                <lastName>Truelove</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Brant</firstName>
                <lastName>Ward</lastName>
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            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <lastName>Baird</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Daniel</firstName>
                <lastName>Lewis</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayettevllle</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Scott</firstName>
                <lastName>Sandlin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jeff</firstName>
                <lastName>Maland</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Crandall</firstName>
                <lastName>Streett</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Alexandria</firstName>
                <lastName>Gladden</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
                <stateOrCountry>AR</stateOrCountry>
                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
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                <firstName>Brent</firstName>
                <lastName>Williams</lastName>
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            <relatedPersonAddress>
                <street1>3878 North Crossover Road</street1>
                <street2>Suite 20</street2>
                <city>Fayetteville</city>
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                <stateOrCountryDescription>ARKANSAS</stateOrCountryDescription>
                <zipCode>72703</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
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            <relationshipClarification></relationshipClarification>
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    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial Banking</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2026-02-26</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isDebtType>true</isDebtType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>6.625% subordinated notes</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>250000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Performance Trust Capital Partners</recipientName>
                <recipientCRDNumber>36155</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>500 W. Madison Street, Suite 450</street1>
                    <city>Chicago</city>
                    <stateOrCountry>IL</stateOrCountry>
                    <stateOrCountryDescription>ILLINOIS</stateOrCountryDescription>
                    <zipCode>60661</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>AR</state>
                    <description>ARKANSAS</description>
                    <state>CO</state>
                    <description>COLORADO</description>
                    <state>FL</state>
                    <description>FLORIDA</description>
                    <state>GA</state>
                    <description>GEORGIA</description>
                    <state>IA</state>
                    <description>IOWA</description>
                    <state>MD</state>
                    <description>MARYLAND</description>
                    <state>MI</state>
                    <description>MICHIGAN</description>
                    <state>NE</state>
                    <description>NEBRASKA</description>
                    <state>NC</state>
                    <description>NORTH CAROLINA</description>
                    <state>OH</state>
                    <description>OHIO</description>
                    <state>SC</state>
                    <description>SOUTH CAROLINA</description>
                    <state>SD</state>
                    <description>SOUTH DAKOTA</description>
                    <state>TN</state>
                    <description>TENNESSEE</description>
                    <state>WI</state>
                    <description>WISCONSIN</description>
                    <state>WY</state>
                    <description>WYOMING</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>25000000</totalOfferingAmount>
            <totalAmountSold>25000000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>26</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>562500</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
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            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
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                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>WHITE RIVER BANCSHARES CO</issuerName>
                <signatureName>/s/Gary Russell Head</signatureName>
                <nameOfSigner>Gary Russell Head</nameOfSigner>
                <signatureTitle>CEO</signatureTitle>
                <signatureDate>2026-03-16</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
