Southern Bancorp CEO Takes Care of Personal Tax Lien
John T. Olaimey, the president and CEO of Southern Bancorp Bank of of Arkadelphia, quickly paid a federal tax lien that was slapped against him last month. The amount? $46,341. The IRS also named his...
View ArticleSPONSORED: Credit Cards For Your Business: Which Type Is Right For You?
Running your small business comes with a lot of expenses and, while you have a personal credit card, you may wonder if using a credit card for your business is a good choice. As a small business owner...
View ArticleUS Chamber, French Hill: Less Regulation Will Boost Economic Growth
The American economy is growing too slowly because regulations designed for international financial institutions have been imposed on smaller banks that pose no grave threat, U.S. Rep. French Hill,...
View ArticleAmericans Buy Existing Homes at Fastest Pace in a Decade
WASHINGTON — Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. That has set off bidding wars that have pushed up prices as the supply of...
View ArticleGo Forward Pine Bluff Moves Toward Tax Votes
A plan to make major improvements to the downtown Pine Bluff area and enhance education is looking toward a sales tax to help fund its numerous recommendations. Go Forward Pine Bluff is an ambitious,...
View ArticleHome BancShares Completes Giant Holdings Inc. Buy
Home BancShares Inc. of Conway said Friday that it has completed its previously announced acquisition of Giant Holdings Inc. of Fort Lauderdale, Florida. The company, the parent of Centennial Bank,...
View ArticleGreg Shaver Leaves Citizens Bank of Batesville After 42 Years (Movers & Shakers)
Greg Shaver is retiring from Citizens Bank in Batesville after 42 years. Since joining the bank in 1975, he has served in various positions, including internal auditor, cashier, senior vice president...
View ArticleTandem Self-Storage Sales Combine for $5.2 Million (Real Deals)
A pair of mini-storage projects in southwest Little Rock changed hands in two deals totaling $5.2 million. SSCP Geyer Springs Rd LLC acquired the 376-unit project at 8015 Geyer Springs Road for $3.16...
View ArticleDiamond Bank Opens Branch In Crowded Ashdown Market
Diamond Bank of Murfreesboro is expanding its southwest Arkansas footprint by opening an Ashdown branch. The project represents the 14th full-service office for the $528 million-asset lender and its...
View ArticleFarmers Bank Shareholders Set for $4.5 Million Cash Out
The pending $4.5 million sale of Farmers Bank of Hamburg will further pare the headcount of Arkansas lenders with less than $50 million in assets to four. The sale to Southern Bancorp Inc. of...
View Article‘Colorado Craftsman’ Project Enters Little Rock Market
A new development vision with a Western flair has recast a would-be Little Rock subdivision into a $40 million townhome project. In recognition of a market shift in millennial housing patterns, Village...
View ArticleSentencing Set for Fort Smith Developer Brandon Woodrome
Brandon Woodrome, the 29-year-old Fort Smith construction company owner, will be sentenced April 18 for one count each of bank fraud and wire fraud. In September, Woodrome waived indictment and plead...
View ArticlePaul D. Kanneman Named CIO at Simmons Bank
Simmons Bank said Tuesday that Paul D. Kanneman has joined the company as executive vice president and chief information officer. Kanneman most recently worked for 14 years for Grant Thornton of...
View ArticleIberiaBank to Buy Sabadell United In $1B Deal
IberiaBank Corp. of Lafayette, Louisiana, said Wednesday that it has agreed to buy Sabadell United Bank N.A. from Banco de Sabadell S.A. of Barcelona in a stock and cash transaction valued at $1.025...
View ArticleHome BancShares Leader Gets Pay Boost in 2016
Home BancShares Inc. Chairman Johnny Allison received a $3.6 million compensation package in fiscal 2016, up from $2.8 million in the previous year, according to the company's proxy statement, filed...
View ArticleYellen Signals the Fed Will Likely Raise Rates This Month
WASHINGTON — Federal Reserve Chair Janet Yellen signaled Friday that the Fed will likely resume raising interest rates later this month to reflect a strengthening job market and inflation edging toward...
View ArticleJohnny Poole Joins Arvest Wealth in Little Rock (Movers & Shakers)
Johnny Poole has joined Arvest Wealth Management in central Arkansas as senior vice president and regional manager. He will be based in Little Rock. Poole was previously a vice president and program...
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What Is Economic Nationalism? (Craig Douglass On Consumers)
CPAC stands for Conservative Political Action Conference, which is held annually by the American Conservative Union. At this year’s conference in our nation’s capital, the Trump tandem of Chief of...
View ArticleMidsouth Bank Accuses Arkansas Convention Center Owner of Fraud
MidSouth Bank of Lafayette, Louisiana, has asked a bankruptcy court judge not to allow Dr. Hiren D. Patel, who owns the Arkansas Convention Center & Holiday Inn in Texarkana, to be allowed to walk...
View ArticlePodiatrist's Purchase of Convention Center Gives Texarkana Officials Cold Feet
A Texas podiatrist with a past that includes a federal conviction wants to buy the troubled Arkansas Convention Center & Holiday Inn out of bankruptcy — and that has some Texarkana officials on the...
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