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Bank of America Building Suit Settled

The testy landlord-tenant relationship in downtown Little Rock ended last week when the owner of the 24-story Bank of America Plaza reached a settlement with the Wright Lindsey & Jennings law firm.

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Home BancShares Hooks $238M in Marine Loans

Home BancShares Inc. of Conway buys the performing marine loan portfolio of LendingClub Bank of Lehi, Utah — the latest move in its growing marine loans business.

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Former Google Exec to Lead Arvest's Next-Gen Banking Push

Laura Merling is known for developing and implementing a replicable model for business transformation.

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Record Year for Simmons Despite Q4 Earnings Dip

Net income was $271.2 million for the full year, up 6% compared to 2020.

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Brandon Scallion Joins First Community Bank

He's been hired as vice president, commercial loan officer at the bank's location in Mountain Home.

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Simmons Promotes Rodney Hawkins to Chief Audit Executive

He succeeds Johnny McCaleb, who is moving to an advisory role before his retirement.

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Signature Bank Expanding With Branch Focused on Latino Clients

CEO Gary Head said the brick-and-mortar location is planned for Rogers.

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Conway Area Chamber Adds 2 (Movers & Shakers)

The Conway Area Chamber of Commerce has announced two hires: Jack Short, existing business and talent development coordinator; and Celeste Suitt, development and special events coordinator.

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Colonial Parc Powers $22.5M Transaction (Real Deals)

The 239-unit Colonial Parc Apartments and the 124-unit Meadowcrest Apartments in southwest Little Rock were sold to affiliated companies based in Brooklyn, New York.

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Bank OZK Gets Sky-High Notice (Lance Turner Editor's Note)

While Bank OZK is one of the many great banking success stories in Arkansas, its prominence on the national commercial real estate scene continues to amaze its cosmopolitan peers.

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Greg Klott Joins First Community Bank in Harrison

He's an active member of the Harrison community with a record of volunteer work.

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SPONSORED: Sales Guru Jack Daly Shares Best Advice for Recruiting Great...

He says there's still a tremendous amount of networking going on — it’s just virtual.

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Venture Center Announces Speakers For First VenCent Fintech Summit

Ron Shevlin, chief research officer for Cornerstone Advisors and a senior Forbes contributor, will headline the event.

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Arkansas Opens $54M Fund to Help Pandemic-Hit Homeowners

The money will be used to prevent mortgage defaults and pay utility bills.

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Fed: Faster Rate Hikes Are Likely if Inflation Stays High

Economists have increasingly suggested that the Fed has waited too long.

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Long-Term US Mortgage Rates Hit 3.92%, Highest Since 2019

As rates and house prices rise, affordability has become a substantial hurdle for potential homebuyers.

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Keck Moves Forward at Today's Bank (Movers & Shakers)

Jannie Keck has been promoted to assistant vice president and branch manager at Today’s Bank in Huntsville.

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Southern Bancorp's Anthony Young Seeks Community Opportunities

Anthony Young, president of Southern Bancorp Community Partners, savors his work in mission-focused financial services.

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Minority Business Enterprises Contribute to GDP

The contribution to U.S. gross domestic product of minority-classifiable businesses was 1.6% in 2010, 2.5% in 2020, and is projected to reach 7.4% in 2060.

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Southern Bancorp Poised to Double Capital, Expand Financial Reach

It took more than a decade for Southern Bancorp Bank to double its tally of total assets from $1 billion to $2 billion. The top executive of the bank’s parent company expects the journey to $4 billion...

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