Mike Akin, a Republican candidate for the District 26 state Senate seat, ended January with the highest balance in his campaign war chest, followed by Democrats Eddie Cheatham, Gregg Reep and Johnnie Bolin, according to their January campaign finance reports.

At the beginning of January, Akin, a Monticello businessman, had more than $40,000 in his war chest. During the month he raised another $7,050 from seven contributors and spent about $2,900, mostly on fundraising and consultant fees. He ended January with just over $44,700.

Cheatham, a state representative from Crossett, had a January ending balance of $20,881. He began the month with just under $11,000. He loaned himself $10,000, and raised $400 from three contributors. He spent $456 on newspaper and radio advertising in Crossett.

Reep, a former state representative from Warren, ended January with $15,287. He had just over $13,400 going into the month, added another $7,680 from 30 contributors during the month, and spent about $5,800 on consulting fees.

While Akin and Cheatham have more in their war chests, Reep has raised the most in actual campaign contributions.

Excluding the $2,700 in carryover funds from a previous campaign, Reep has raised just over $26,600.

Excluding Akin’s $25,000 loan to his campaign, he has raised about $25,000.

Excluding Cheatham’s $10,000 loan to himself and a $5,800 carryover from previous campaigns, Cheatham has raised about $7,600.

Bolin, a former state representative from Crossett, ended January with about $6,500 in his campaign war chest.

Bolin’s January report, which covered the last quarter of 2011 through January 31, 2012, showed that he raised $7,475 from 31 contributors during the last quarter of 2011 and the first month of 2012. He spent $976 on direct mail, postage, office suplies, and advertising.

The senate district includes Ashley, Bradley, Chicot and Drew counties and portions of Desha, Lincoln and Cleveland counties.

Last quarter fundraising.