Simmons First Not Cooling Its Jets
Simmons First National Corp. purchased a second jet last fall, a 1997 Dassault Falcon 2000, but don’t expect a fleet. The Pine Bluff bank holding company’s first aircraft, a 2005 Cessna 560XL bought in...
View ArticleMore Red Ink for One Bank & Trust
Little Rock’s One Bank & Trust posted another quarterly loss: $1.6 million. The red ink during the first quarter marked a continuation of a trend that dates back nearly five years. Rocked by bad...
View ArticleBank of the Ozarks Expands Board
Bank of the Ozarks Inc. added a member to its board of directors on Monday at its annual shareholders meeting, raising the Little Rock company's board membership to 16 and increasing its female board...
View ArticleU.S. Treasury Buys One Bank & Trust Stock
The U.S. Treasury Department purchased 344,577 shares of stock in One Bank & Trust at a sale conducted in Washington on Monday, the bank's CEO announced. Jerry Pavlas, the CEO, gave no details of...
View ArticleSPONSORED: Staying Poised For A Changing Marketplace
As we quickly approach the halfway point of the year, what can you say you’re doing to bolster your business’ potential in 2017? The future looks bright — job growth is steady and consumer spending is...
View ArticleChris Thyer Joins Centennial Bank's Trust Department
Chris Thyer, the former U.S. attorney for the Eastern District of Arkansas, has joined Centennial Bank as a senior vice president in the bank's trust department. Davy Carter, a regional president for...
View ArticleWLR Office Building Attracts $3.2M Sale (Real Deals)
A 35,520-SF office building in west Little Rock weighed in at $3.25 million. Normandy Place LLC, led by Max Mehlburger, purchased the Markham Executive Center at 10201 W. Markham St. The seller is...
View ArticleArkansas State Bank Department Promotes Three (Movers & Shakers)
Samuel “Tanner” McKnight, Seth Parsley and John David Sonnier have been promoted to bank assistant examiner at the Arkansas State Bank Department. McKnight and Parsley work out of the department’s...
View ArticleSimmons First Completes Purchase of Tennessee Bank
Simmons First National Corp. of Pine Bluff said Monday that it completed its acquisition of Hardeman County Investment Co. Inc. of Jackson, Tennessee, a deal that includes Hardeman's wholly owned bank...
View ArticleTexarkana Convention Center Buyer Makes Request for Reconsideration
The Texas podiatrist who wants to buy the hotel and convention center on the Arkansas side of Texarkana out of bankruptcy asked a judge to reconsider the denial of some tax incentives tied to the...
View ArticleConway Ranch Owners Accused of Default in Lawsuit
The ranch wrangling continues in Conway. That would be the legal tussling over a ranch-and-restaurant complex that led to foreclosure proceedings against Joanie White-Wagoner, administrator and vice...
View ArticleUS Households Owe Record Amount, Topping Pre-Recession Peak
WASHINGTON — U.S. household debt reached a record high in the first three months of this year, topping the previous peak reached in 2008, when the financial crisis plunged the economy into a deep...
View ArticleBusiness Leaders to Congress: Ignore Chaos, Focus on Taxes
WASHINGTON — Business leaders began an aggressive lobbying effort Thursday to ensure that their vision for overhauling the U.S. tax system isn't lost in the chaos consuming President Donald Trump's...
View Article9 Years After Recession Began, Some States Still Unrecovered
MERIDIAN, Miss. — Call them the unrecovered — a handful of states where job markets, nine years later, are still struggling back to where they were before the recession. That's true in Mississippi,...
View ArticleAsa Hutchinson: Arkansas Leads Nation in Foreign Direct Investment
Gov. Asa Hutchinson was the keynote speaker at the conference on the future of the Arkansas Delta at Pine Bluff Convention Center on Friday, addressing representatives from a range of sectors who met...
View ArticleHeartland, Onebanc End 1Q in the Red
Two Little Rock lenders continue to battle through losses in search of a return to sustained profitability: Heartland Bank and One Bank & Trust. What’s on the books and looming in the wings at the...
View ArticleFBT Bank & Mortgage Adds Craig Attwood (Movers & Shakers)
Craig Attwood has joined FBT Bank & Mortgage as executive vice president and director of banking for Jefferson County. He was previously vice president of the Indirect Lending Division at Simmons...
View ArticleReduction in Bear State Force Visible in Call Report
The folks at Bear State Bank declined to comment when we asked a couple of months ago about a tip that some 45 employees had been laid off along about the same time that Mark McFatridge resigned as...
View ArticleArkansas Blue Cross & Blue Shield Tops Big Private Companies List
Arkansas Blue Cross & Blue Shield of Little Rock, with revenue doubling in the past five years to nearly $2.5 billion, has taken the top spot on Arkansas Business’ annual list of the state’s...
View ArticleStephens Inc. Launches Film Series On Heroes of Capitalism
Warren Stephens owes bit a debt to capitalism, and he’s eager to rescue its suffering image. And as president and CEO of one of America’s top investment banks off Wall Street, Little Rock’s Stephens...
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