An eclectic group emerged from the first quarter as top-performing lenders based in Arkansas. Measured by return on assets, the group of 10 represented large and small banks sprinkled around the state and a credit union. Two of the lenders are led by women.
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Bruised Lender Makes Showing Atop Best ROAs
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No Timetable for Plea Deal in Dennis Smiley Jr. Case
Whispers admitted it was going out on a limb by predicting in April that a plea deal for Arvest Bank's former Benton County market president Dennis Smiley Jr. was likely within a couple of weeks.
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The Value of Humility (Editorial)
Interviewing our 40 Under 40 honorees remains for the Arkansas Business staff an interesting and often uplifting assignment despite years of experience. Reading the stories of so many productive people is a cure for cynicism.
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Arkansas Business Presents the 40 Under 40 Class of 2015
This week's Arkansas Business is dedicated to our 22nd class of 40 Under 40 honorees, those young leaders of business, government and nonprofits that our internal selection team believes readers need to know.
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Eagle Bank To Make New Nest in Saline County
Eagle Bank eased into the Conway market last year by opening a loan-production office and then converting it to a full-service branch. Now the Little Rock bank is planning the same kind of assault on Saline County.
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Bryan Burks Named VP of Advancement at Harding
Burks currently is dean of the Paul R. Carter College of Business Administration at Harding. His appointment becomes effective July 15. He will direct Harding's advancement efforts and lead a team of seven fundraising professionals in the office.
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Bear State to Buy Missouri Bank for $70M
Bear State Financial Inc. of Little Rock, the publicly traded holding company for Bear State Bank, announced Monday that it will pay $70 million for a bank in Springfield, Missouri.
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Number of Women-Owned Arkansas Businesses Rises
The number of women-owned businesses in Arkansas has increased by 73 percent since 1997, according to the fifth annual State of Women-Owned Business Report.
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Arvest Survey: Arkansans Making Major Household Purchases
Arkansas consumers have more student loans but are carefully paying bills and making large purchases, according to the third installment of the spring 2015 Arvest Consumer Sentiment Survey. The survey said that 24 percent of Arkansas respondents plan to make a major household purchase in the next six months.
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Home Ownership in Arkansas (Scott McElmurry Commentary)
For several generations, owning a home has represented the biggest investment most people make, and it's at the top of the list of items that define the “American Dream.” Conventional wisdom has held that homeownership is a critical facet to overall financial stability. A recent survey revealed that while most respondents thought that owning a home is a good investment, their perception of the investment as “safe” has changed.
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Denver Firm Pays $6M For Westgate Center (Real Deals)
The sale of a 53,000-SF retail center in Little Rock weighed in at $6 million. A 43,798-SF retail building is undergoing redevelopment as a warehouse after a $1.2 million deal. And a 12,175-SF office-warehouse project in the Riverdale area of Little Rock changed hands in a $714,000 sale.
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Church Buys Adjacent Site For $405,000 (NWA Real Deals)
St. Paul's Episcopal Church of Fayetteville bought the building that housed the law firm of Estes, Gramling & Estes at 19 Dickson St.
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Slideshow: 40 Under 40 Honorees Recognized At Luncheon
The 2015 class of Arkansas Business' 40 Under 40 were honored at a luncheon at the Embassy Suites in Little Rock on Wednesday. Each honoree gave a brief acceptance speech and answered questions such as, “What advice would you give your 20-year-old self?” and “What do you want your legacy to be 20 years from now?”
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Acme Files New Suit Against Chambers in Branch Tussle
Acme Holding Co., the parent company of the $107 million-asset Allied Bank of Mulberry, recently opened a new front in the ongoing financial dispute with its lead creditor.
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Diane Gilleland on the 'Dramatic Change' of a Diverse Board of Directors
Diane Gilleland, an adjunct professor at UALR and an independent director for Navient Corp., talks to Arkansas Business about how the company worked to achieve more diversity on its board of directors.
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New Construction Boosts Conway on Business Index
New home construction boosted Conway to near the top of the Arkansas Tech Business Index for April 2015.
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What's Next After Export-Import Bank Charter Expires at Midnight?
Congress failed to renew the bank's charter because of opposition from Republicans who say it amounts to corporate welfare. However, the shutdown may end up being only temporary.
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Hutchinson Announces State Board Appointments
Gov. Asa Hutchinson announced the latest round of appointments to state boards, panels and committees.
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Dean Jane Wayland on Keeping UALR's College of Business in the Mix
Before being named dean, Jane Wayland was interim dean of the UALR College of Business for two years. She also has served as associate dean of graduate studies and chairwoman of the Marketing & Advertising Department. The College of Business Advising Center was established within a year of her appointment, and she initiated the Ambassador program to showcase top students.
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Woodland Heights Sells In $13.9M Transaction (Real Deals)
A 142-unit independent living center in Little Rock tipped the scales at $13.9 million. A nearly 1,150-acre farm in southeast Pulaski County weighed in at $2.25 million. And a 3,708-SF residence-turned-business in Little Rock's Hillcrest area changed hands in a $525,000 deal.
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