Jefferson Bancshares to Buy Out Hot Springs B&T Shareholders, Collapse Charters
Jefferson Bancshares of Pine Bluff announced Tuesday a plan to buy out minority shareholders in its Hot Springs Bank & Trust and to merge the charter with that of its flagship institution, Relyance...
View ArticleStill Digging Out (Commentary)
Although aggregate current-dollar household net worth reached an all-time peak at the end of the first quarter of 2013, the average level of household wealth adjusted both for inflation and population...
View ArticleJacob Rice Makes Move to Bank of Little Rock as Loan Officer (Movers & Shakers)
Jacob Rice has been hired as a loan officer by Bank of Little Rock Mortgage and will work in its Little Rock location. Rice previously worked for Central Mortgage Co. and as a loan originator for ENG...
View ArticleU.S. Bank Joins List Looking for Payments from Alfred Bradford
U.S. Bank has joined a parade of creditors in Pulaski County Circuit Court seeking money from former Little Rock business owner Alfred Bradford.
View ArticleDoyle Rogers Estate Bank Debt Backed with Worthless Stock
The estate of Doyle Rogers Sr. owes about $8 million in outstanding debt to Centennial Bank of Conway. The controlling interest in Rogers Bancshares held by Rogers Family Ltd. No. 2 secured an original...
View ArticleMidwest, Plains Economic Index Rose in August
An economic index compiled from a survey of business leaders in nine Midwest and Plains states rose slightly last month, the first increase since March.
View ArticleFederal Reserve, State Bank Board OK Home BancShares, Liberty Deal
Home BancShares Inc. of Conway says its previously announced $280 million merger with Library Bancshares Inc. of Jonesboro has been approved by the Federal Reserve Board and the Arkansas State Bank Board.
View ArticleAugust State Revenue 1.5 Percent Above Forecast
The state Department of Finance and Administration says Arkansas' August net available general revenue reached $387.8 million, $5.7 million or 1.5 percent above forecast.
View ArticleFed's Beige Book Survey Finds US Economy Growing Moderately
Economic growth held steady across the United States from July through late August, as Americans bought more cars and homes and auto factories added workers.
View ArticleDevelopers Mark Opening of Mann on Main in Little Rock
Doyle Rogers Co. and Moses Tucker Real Estate marks the grand opening of its Mann on Main mixed-use building, the fully restored and redeveloped former Blass Department Store at Main & 4th streets...
View ArticleSimmons First National Submits Bid for Metropolitan National Bank
Simmons First National Corp. of Pine Bluff has submitted a $16.9 million bid to acquire Metropolitan National Bank of Little Rock, according to a regulatory filing made Wednesday.
View ArticleArvest Buys Theater Naming Rights in Downtown Kansas City
Arvest Bank, the Walton-owned bank company based in Arkansas, has purchased the naming rights to an historic downtown theater in Kansas City, as it continues to raise its prominence there.
View ArticleUS Employers Add 169K Jobs, Rate Falls to 7.3 Percent
U.S. employers added 169,000 jobs in August and much fewer in July than previously thought. Hiring has slowed from the start of the year and could complicate the Federal Reserve's decision later this...
View ArticleFirst Security Bank to Add 3 Pulaski County Branches in 2014
First Security Bank says it will add three bank branches in Pulaski County by the middle of 2014, increasing its central Arkansas presence from 29 to 32 locations.
View ArticleFormer Razorbacks Coach John L. Smith Gets Discharge in Bankruptcy Case
It's still not clear how much Smith's creditors will receive. The trustee in the case, John T. Lee of Siloam Springs, didn't immediately return a call for comment. When Smith filed for bankruptcy...
View ArticleRogers Stock Loan Repaid to Centennial Bank
$8 million in debt owed to Centennial Bank of Conway which was personally guaranteed by Doyle Rogers, was paid off very recently.
View ArticleStuart Family Files Emergency Petition as Hickory Creek Home Heads Back to...
Richard Torti, trustee of the Stuart Family 1997 Trust, requested the release of $1.5 million seized by the government in its forfeiture action against the former chairman, president and CEO of One...
View ArticleOne Bank Juggled Bad Penny Stock Loan
A bad loan in Florida brought former chairman, president and CEO of One Bank & Trust Layton "Scooter" Stuart into deeper controversy when he built a million-dollar manor for his son, Hunter.
View ArticleMetropolitan Bank Auction Happening Today
That historic auction of Metropolitan National Bank of Little Rock takes place today, with bidders including Simmons First National Corp. of Pine Bluff and Arvest Bank of Fayetteville.
View ArticleSimmons First Submits 'Successful Bid' for Metropolitan Bank
Simmons First National Corp. of Pine Bluff says that it has submitted the successful bid to purchase Metropolitan National Bank of Little Rock.
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