Arkansas November Revenue Comes In 2 Percent Below Forecast
Arkansas finance officials say the state's revenue in November didn't meet last year's figures or their predictions for this year.
View ArticleUpdate: John Stacks, Banker and Owner of Mountain Pure Water, Indicted on 11...
John Stacks, the owner of water bottler Mountain Pure LLC, was indicted Tuesday on 11 felony counts related to what federal prosecutors say was a fraudulent loan from the U.S. Small Business...
View ArticleFed's Eighth District, Including Arkansas, Shows Moderate Expansion
Economic activity in the Federal Reserve's Eighth District, which includes Arkansas, "expanded at a moderate pace" since October with "positive" activity in manufacturing, retail and auto sales.
View ArticleAverage US Rate on 30-Year Loan Rises to 4.46 Percent
Average U.S. rates for fixed mortgages rose sharply this week, making home-buying slightly less affordable.
View ArticleNew Kanis Plaza Owner Arrives in $1.5M Sale (Real Deals)
Roach Exchange Holdings LLC, led by Gary Roach, bought Kanis Plaza at 10809 Kanis Road. The deal is backed with a 20-year loan of $1.24 million from BancorpSouth Bank of Tupelo, Miss.
View ArticleNearly $3 Million Still Sought in Rogers Bancshares Bankruptcy
As you know, Simmons First National Corp. of Pine Bluff recently closed on its $53.6 million acquisition of Metropolitan National Bank of Little Rock. But the Chapter 11 bankruptcy of Metropolitan's...
View ArticleBank Directors Predict More M&A Activity
Some have described 2013 as a memorable year for its bank-buying buzz. Expectations are that the volume of acquisition talk won't diminish during 2014 either.
View ArticleFormer Liberty President John Freeman Moves to Evolve Bank & Trust
Leadership at Jonesboro's Liberty Bank of Arkansas was put in play by the recent $280 million sale to Home BancShares Inc. of Conway. John Freeman, Liberty's former president, recently landed at Evolve...
View ArticleBald Knob Bank Latest Notch for Southern Missouri Bancorp
Citizens State Bankshares of Bald Knob Inc., the parent company of Citizens State Bank, is being sold to Southern Missouri Bancorp Inc. of Poplar Bluff, the publicly traded bank-holding company that...
View ArticleCitizens Bank Puts Phil Baldwin To Work On Growth
Citizens Bank of Batesville officially has declared itself a buyer in the grow-or-go banking sweepstakes. That pronouncement was given public voice with the hiring of Phil Baldwin as president of the...
View ArticleArvest Completes Purchase of National Bank of Arkansas
Arvest Bank on Saturday said its acquisition of National Bank of Arkansas of North Little Rock is complete. The companies announced the deal in October.
View ArticleBank of the Ozarks To Buy Texas Bank for $23 Million
The cash purchase of Bancshares Inc., parent company of Omnibank, will expand the Texas footprint of Bank of the Ozarks in the Houston and Austin area markets.
View ArticleRegulators Approve Ban on High-Risk Bank Trades
U.S. regulators have taken a major step toward reining in high-risk trading on Wall Street, banning the largest banks from trading for their own profit in most cases.
View ArticleArvest Plans Consumer Sentiment Survey for Arkansas, Missouri, Oklahoma
Arvest Bank says it has commissioned a consumer sentiment survey to measure and report the economic expectations and outlook of Arkansas, Missouri and Oklahoma consumers.
View ArticleFed Survey of Arkansas Shows 'Modest Optimism' About 2014 Economy
A November survey of business contacts in 62 Arkansas counties shows "modest optimism" about the strength of the economy in 2014, according to a regular report by the Federal Reserve Bank of St. Louis.
View ArticleScott Hancock to Lead NWA Division for Centennial Bank
Hancock has served as the bank's executive vice president and chief lending officer for northwest Arkansas for eight years. Previously, he served as senior vice president of lending for Liberty Bank.
View ArticleJohn Stacks: Federal Charges 'Without Merit' But Not Surprising
Banker and business owner John Stacks has issued a statement denying any wrongdoing in his dealings with a Small Business Administration loan while complaining that a recent federal indictment was so...
View ArticlePhil Herrington's Oklahoma City Golf Club Poised for Auction Block
The proposed auction of the Gaillardia Golf & Country Club next month is threatening to remove the last Arkansas ties to the Oklahoma City country club.
View ArticleNLR Hilton Garden Inn Draws $13.1 Million Sale (Real Deals)
Midas Little Rock LLC of St. Louis bought the 120-room Hilton Garden Inn at 4100 Glover Lane from McCain Lodging Inc., led by Ishverbhai Govind.
View ArticleClassy Is as Classy Does (Editorial)
We'll miss having Tommy May at the helm of Simmons First National Corp., but our state is richer for having seen the example of a true class act.
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