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Attention Arkansas Startups, 10X Cyber Is Only for You

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There’s a new kind of accelerator now, 10X Cyber Accelerator, that accepts only Arkansas companies with annual revenue of between $100,000 and $10 million.

Duke Replaces Duke at Capital Bank

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There’s a new face in the president’s office at Capital Bank of Little Rock. Actually, it’s pretty much like the previous face.

First Security Fights 'Warehouse Sale' of Lauren James

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The Searcy bank, which has sued Lauren James Enterprises Inc. of Fayetteville over a defaulted $338,720 loan, has asked a Washington County Circuit judge to prevent Lauren James from holding its warehouse sale scheduled for Saturday and Sunday.

Johnny Allison, Rotary Leader of the Year, Never Dreamed of Being One

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Lessons of hard work and money management stuck John Allison, who shared some of those lessons at Tuesday's Rotary Club of Little Rock luncheon, where he was honored as the club's 2018 Business and Professional Leader of the Year.

West Little Rock E-Z Mart Rings Up $1.4 Million Sale (Real Deals)

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An affiliate of New York’s Getty Realty Corp. bought the 11911 Mara Lynn Drive project from E-Z Mart Stores Inc., led by Sonja Hubbard.

Tom Mays Promoted at Bank of the Ozarks (Movers & Shakers)

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Tom Mays has been promoted to south Arkansas division president of the Bank of the Ozarks in Little Rock.

No Auction in Golden Bankruptcy; FDIC Judgment Gone

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As it stands now, there will be no auction of assets owned by fallen banker Lex Golden and his wife, Ellen.

Regions Center Owners Sue Over $32M Default

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The owners of the Regions Center say they were thwarted in their efforts to refinance a $32 million loan.

US New-Home Sales Climbed 6.7 Percent in May

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Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains.

Arvest Bank Announces Promotion of Mike Willard

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Arvest Bank has promoted Mike Willard to president and CEO of the bank’s north central Arkansas and West Plains, Missouri, region, effective July 1.

US Pending Home Sales Fell 0.5 Percent in May

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Fewer Americans signed contracts to purchase homes in May, as sales are being stifled by a shortage of properties on the market.

US GDP Revised Down to Lackluster 2 Percent Rate in 1Q

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U.S. economic growth in the first quarter was revised down to a lackluster 2 percent — a sharp deceleration and the poorest showing in a year.

Reed, Taylor Join Arvest (Movers & Shakers)

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Amy Reed and Cheryl Taylor have been hired by Arvest Bank as private banking advisers.

Bank of Gravett, Legacy National Bringing Mix of Old and New to NWA

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The addition of the Bank of Gravett to Legacy BancShares Inc. will team up the oldest bank in Benton County and one of the youngest in Washington County.

First Security's Footprint Broadens Into Fort Smith

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Searcy’s First Security Bank is adding Fort Smith to its branch network.

First State Bank of Lonoke Looks for New CEO

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As of June 4, Lonoke’s First State Bank had an open position at the top of the organizational chart. David Estes exited as CEO of the $279 million-asset lender.

Citizens Bank Selects Point for Entry Into Little Rock

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Citizens Bank of Batesville is formally wading into the state’s largest market with a west Little Rock presence.

Mexico Chiquito Serves $1.5 Million Transaction (Real Deals)

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Anchor Realty Investments LLC, led by David Bubbus, bought the Mexico Chiquito at 13924 Cantrell Road.

Today's Bank Files Suit Over $54,000 Loan to Luke Quinn

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The successor to the failed Allied Bank of Mulberry is trying to collect $53,898 associated with another failed lender: Little Rock’s Heartland Bank.

Home BancShares Acquires Shore Premier Finance

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The parent company of Centennial Bank buys Shore Premier Finance, a division of Union Bank & Trust of Richmond, Virginia, in a deal that includes $374.5 million in cash and 1.25 million shares of Home BancShares stock.
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