Banking & Finance - ArkansasBusiness.com

A group led by Bhavin Sharolia bought the 16-year-old, 26-room hotel at 1301 S. Shackleford Road in west Little Rock.

The purchase and renaming of Forrest City Bank has given Nathan Waldrip an intensive education.

Acquisition has fueled boat and recreational vehicle loan growth at the two largest banking franchises headquartered in Arkansas.

In Arkansas, the number of new bank offices appears to have popped up in the past 12 months after a decade in which the count declined by more than 10 percent.

During this period, return on average equity at banks in the United States reached a low of minus 5.94 percent in the second quarter of 1987. It saw a high of 16.29 percent in the first quarter of 2000.

U.S. sales of existing homes fell 0.6 percent in June, the third straight monthly decline, as higher prices and a limited supply of listings have sidelined many would-be buyers.

Simmons First National Corp. of Pine Bluff on Monday announced record net income of $53.6 million, up 132 percent from the same quarter last year.

Sales of new U.S. homes tumbled 5.3 percent in June and the median sales price also slipped, a potentially ominous sign for the U.S. housing market.

Simmons Bank has named Chad Rawls executive vice president and executive director of credit and loan operations.

Long-term U.S. mortgage rates edged up slightly this week, reaching their highest levels since late June.

An Oklahoma company bought the 210-unit New Horizon Apartments at 4907 August Circle and the eight-unit New Haven Apartments at 1815 Broken Arrow Drive.

Community State Bank retains its title as the smallest bank in Arkansas, but its Lafayette County market is not the smallest.

More than a year has passed since an investment group led by Jeff Hobbs took on the role of would-be buyer of Community State Bank in Bradley.

Berry Bishop, the failed insurance agent, under oath in bankruptcy proceedings, has described some of his borrowings from the Bank of Prescott over the past three or four years as loan fraud.

More Americans signed contracts to purchase homes in June compared to May, but the volume of pending sales has slipped over the past year.

U.S home prices rose rapidly in May, a trend that is thwarting some would-be buyers and pulling down home sales.

FNBC of Ash Flat has hired J.R. Blackburn as senior vice president and commercial lender and Laura McCain as client relationship assistant for its new loan production office in Jonesboro.

First Security Bank has asked a Washington County Circuit judge to prevent women's clothing company Lauren James from going forward with a "sham" foreclosure sale next week.

First National Bank of Paragould completes its acquisition of Little Rock's One Bank & Trust.

LJ Apparel LLC is asking to go forward with a foreclosure sale that First Security Bank called a sham.

Hampton Inn Transaction Checks In at $11.9 Million (Real Deals)

Armor Bank Moves Back Into the Black

OZK, Home BancShares Launch Into Deeper Water For Luxury Lending

Branch Banks’ Death Rumors Are Exaggerated

U.S. Banks: 2018 Return on Average Equity Almost Even With '84

US Existing-Home Sales Fell 0.6 Percent in June

Simmons First 2Q Net Income Up 132 Percent

New-home Sales Fall 5.3 Percent in June ... A Warning Light?

Simmons Bank Names EVP

Average US Mortgage Rates Edge Up; 30-Year at 4.54 Percent

NLR Apartments Sale Tops $3.8M Mark (Real Deals)

Calhoun County Tops List of Smallest Bank Markets in Arkansas

Community State Bank Awaits Bankruptcy Clarity

Former Insurance Agent Berry Bishop Acknowledges Fraud

US Pending Home Sales Rose 0.9 Percent in June

US Home Prices March Higher in May, Throttling Sales

FNBC Hires 2 For New Jonesboro Office

Bank Asks Judge to Block Lauren James' 'Sham' Foreclosure Sale

First National Bank Completes One Bank & Trust Purchase

LJ Apparel Asks to Go Forward with Lauren James Foreclosure Sale