Home BancShares Eyes Another Florida Bank, Expects More Acquisitions
Home BancShares Inc. of Conway is pursuing a deal to purchase Florida Traditions Bank, which has eight branches between Orlando and Tampa, Home BancShares Chairman Johnny Allison said Thursday night at...
View ArticleWal-Mart Jumps Into the Money Transfer Business, Loudly
Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business.
View ArticleBill Edwards Takes Over for Quick as Head of IberiaBank Mortgage
Bill Edwards, who joined IberiaBank Mortgage Co. last year, will become its president and CEO when Chuck Quick retires in July.
View Article$42.6 Million Transaction Visits Foothills Apartments (Real Deals)
A 540-unit apartment complex in North Little Rock tipped the scales at $42.6 million, and a 16.8-acre tract in west Little Rock weighed in at $1.2 million.
View ArticleOne Bank Sues David Crews, Says $1.3 Million Loan Defaulted
One Bank & Trust has slapped a lawsuit against David Crews of Little Rock in an attempt to collect $1.3 million on a defaulted promissory note he took out in July.
View ArticleWhite-Collar Roundup: Standridge Delayed, Moser and Washburn Released
The recent rash of indictments out of the U.S. Attorney's Office in Little Rock, including that of Rickenbach, reminds us to do some catch-up on other cases of interest:
View ArticleFirst Western: First for Dennis Smiley Cash?
Of all the Arkansas banks ensnared in the alleged serial loan fraud by Dennis Smiley Jr., First Western Bank of Booneville could be in the best position to recover money from him.
View ArticleThree More Banks File Claims Against Dennis Smiley Collateral
Three more banks have responded to the growing litigation surrounding the alleged serial loan fraud by former Arvest Bank executive Dennis Smiley. Integrity First Bank of Mountain Home, First State...
View ArticleDennis Smiley: Father's Signatures Might Be Fake
In his first response to one of many lawsuits, former Arvest Bank executive Dennis Smiley Jr. acknowledges that his father's signature on a promissory note "may not be the signature of Smiley Sr."
View ArticleCentennial Firms Up Plan to Buy Florida Bank
Home BancShares Inc. of Conway, parent company of Centennial Bank, says it has reached a definitive agreement to buy Florida Traditions Bank, which was first announced at last week's annual...
View ArticleTickets Available for Arkansas Business Power Breakfast
Arkansas Business presents a new event series called Power Breakfast. This program features experts who will share strategies for building an effective board of directors and being an impactful board...
View ArticleTerraforma Acquisition Rings Up $3.8M Deal (Real Deals)
A 6.7-acre piece of the former Windsor Door campus in Maumelle tipped the scales at $3.8 million. A 6.5-acre storage development in southwest Little Rock is under new ownership after a $1.3 million...
View ArticleTrust but Verify (Editorial)
We don't pretend to be bankers here at Arkansas Business — or lawyers, for that matter. We're just journalists, paid to tell our audience information we can glean from events, statements, documents,...
View ArticleCommerce Construction's Dennis Moore Sees NWA Activity Returning to...
Dennis W. Moore is the president and CEO of Commerce Construction Co. in Springdale. Founded in 1971, Commerce is touted as one of the oldest locally owned general contracting firms in northwest Arkansas.
View ArticleProxy Statement Reveals Where Wal-Mart Money Goes
It's proxy statement season for most publicly traded companies, and those releases are packed with nuggets of Whispers readers' No. 1 interest: Other People's Money.
View ArticleTop 20 Arkansas Highway Projects Survive Fiscal Cliff as AHTD Pares Down Roster
Contracts totaling $100.4 million recently were awarded for 70 highway improvement projects around Arkansas. The dollar total could've topped $160 million if it weren't for the looming shadow of the...
View ArticleFederal Aid Approved for Faulkner County in Wake of Tornadoes
Gov. Mike Beebe and the state's congressional delegation announced Tuesday that the Federal Emergency Management Agency designated Faulkner County a major disaster area.
View ArticleAllied Bank's Holding Company Files for Bankruptcy Reorganization
Acme Holding Co. filed a voluntary petition listing estimated assets of less than $50,000 and estimated liabilities of up to $10 million, including $1.4 million loaned to the employee stock ownership...
View ArticleFormer Hot Springs Investment Adviser Fined $50,000
Former Hot Springs investment adviser Michael Hazen Martin neither admitted nor denied engaging in fraudulent, deceptive nor unethical business practices but agreed to the fine.
View ArticleFed Cuts Monthly Bond Purchases, Sounds Upbeat
The Federal Reserve struck an encouraging note Wednesday: It will further cut its bond purchases because the U.S. job market needs less help. And it said the economy had strengthened after all but...
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