Mergers Unmasked in List of Banks by ROA
For the list this week, we crunched bank data from Dec. 31 in a way we haven’t in a few years: by return on assets.
View ArticleLawyers Become Unintended Beneficiaries of Michael Lasiter Estate
The ongoing dispute over the estate of Little Rock construction executive Michael Lasiter has escalated between his widow and the trustee administering assets ballparked around $50 million in court...
View ArticleUS New Home Sales Climbed 7.1% in August
U.S. new home sales jumped 7.1% in August, as low mortgage rates pull buyers into the housing market.
View ArticleKelley Linck Shifts to Lobbying Group (Movers & Shakers)
Kelley Linck will join the Mullenix & Associates lobbying firm in Little Rock in mid-October.
View ArticleMcPike Named SVP at First Security Bank in Jonesboro (Movers & Shakers)
John McPike has been promoted to senior vice president at First Security Bank’s main banking center in Jonesboro.
View ArticleRazorback Foundation Makes $6M Deal (NWA Real Deals)
The Razorback Foundation sold 232 acres in south Fayetteville for $6 million to Ashton McCombs, president of the water treatment company Phigenics.
View ArticlePark Avenue Lofts Hosts $34.2M Transaction (Real Deals)
An affiliate of RREAF Holdings of Dallas purchased the 258-unit apartment project in midtown Little Rock.
View ArticleMaumelle’s New I-40 Interchange Just Weeks from Opening
Completion of a new $14.6 million interchange is about five weeks away from providing Maumelle Boulevard motorists with a long-awaited alternative interstate access.
View ArticleA Movement to Save the Future (Commentary)
Action must be taken now to ensure long-term economic security for women. That is why organizations such as the Women’s Foundation of Arkansas, Southern Bancorp Community Partners, Southern Bancorp...
View ArticleChange to Simmons Bank Arena Official This Week
Verizon Arena in North Little Rock will become Simmons Bank Arena this week. The 15-year deal is worth $10.5 million.
View ArticleAmy Fecher, Darrin Williams Among Execs at 2020 Executive Leadership Academy
Arkansas Secretary of Government Transformation and Shared Services Amy Fecher and Southern Bancorp CEO Darrin Williams are among executives scheduled to speak as part of the 2020 Arkansas Business...
View ArticleMobley, Johnson Advance at First Financial (Movers & Shakers)
Craig Mobley has been promoted to chief operating officer of First Financial Bank of El Dorado, and Chris Johnson has been named regional market president for the state of Arkansas.
View ArticlePoverty Rate in the U.S. Drops; Arkansas Stands at 17.2%
The poverty rate in the United States dropped last year to 13.1%, down from 13.4% in 2017, the U.S. Census Bureau reported late last month. It was the fifth straight annual drop, according to American...
View ArticleCompanies Can Act Responsibly and Innovate Too (Rodney Ferguson Commentary)
Fighting policies that protect workers from disruption should unite the left, right and center — and should bring into clear focus the point at which corporations should rightly cede responsibility for...
View ArticleHome Bank Takes Second-Quarter Lick
Portland’s Home Bank of Arkansas posted a $640,000 loss for the quarter ending June 30.
View ArticleAFCU Expands in Saline County
Jacksonville’s Arkansas Federal Credit Union acquired a former Summit Bank location in Benton for $1.3 million from Southern Marine LLC, led by Ricky Willis.
View ArticleNew Lenders Chart Course for Conway
Two new competitors are entering the Conway lending market, where 13 banks already fly their banners.
View ArticleCrestwood Manor Draws $11M Acquisition (Real Deals)
Nighthawk Crestwood LLC bought the 228-unit apartment complex in the Hillcrest area of Little Rock at 3802 Kavanaugh Blvd, backed with a $9.4 million loan from Greystone Servicing.
View ArticleParham Pointe Apartments Purchased for $15.1M
An apartment project, medical office building, workforce center and bank branch-office building all in Little Rock combine with a grocery store in Damascus to form this week’s five-piece group of...
View ArticleHotel Hot Springs Faces Foreclosure Sale
The 200-room Hotel Hot Springs & Spa will be sold at a foreclosure sale to help pay a $128.9 million judgment its owner received in June.
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