IRS Eying Builder Mike Hill After Bankruptcy
Earlier this month, Mike Hill agreed that the Internal Revenue Service could slap a $468,815 judgment against him personally. The amount was for unpaid federal employment taxes owed from MDH Builders....
View ArticleGary Rickenbach Officially Out, Larry Brown In at One Bank
Little Rock's One Bank & Trust executive revolving door continues to turn with a new hire to its executive team and the formal exit of one of its top execs.
View ArticleTexas Mortgages Sold by Metropolitan to The Broe Group
We don't have a lot of details yet, but the year-end sale of assets by Little Rock's Metropolitan National Bank to The Broe Group of Denver included mortgages in Texas.
View ArticleTommy May's Total Pay Reaches $1.1 Million in 2012
J. Thomas May, chairman and CEO of Simmons First National Bank Corp. of Pine Bluff, made more than $1.1 million in compensation in 2012, according to the financial holding company's annual proxy, filed...
View ArticleOne Bank Rebuilds Its Leadership
The Feb. 15 hiring of Larry Brown as senior vice president and manager of credit administration marks the second step in rebuilding the executive cadre at Little Rock's One Bank & Trust.
View ArticleFeds Studying Suspect Paperwork Tied to One Bank
Officials at Hydco Inc., a North Little Rock general contracting firm, and the Little Rock architectural firm of Witsell Evans & Rasco are among those who have been questioned about alleged work...
View ArticleContourMed Moves From Bankruptcy
ContourMed Inc. of Little Rock surfaced from Chapter 11 bankruptcy earlier this month. CEO Barry Corkern says he expects to have $500,000 in revenue by the end of this year.
View ArticleUniversity Clarion Target of $13.5 Million Foreclosure Suit
Liberty Bank of Arkansas has filed a foreclosure lawsuit in Pulaski County Circuit Court in an attempt to recover the property at 925 S. University Ave. in Little Rock that until recently was known as...
View ArticleTamika Edwards Named to Federal Reserve Advisory Council (Movers & Shakers)
Tamika Edwards has been appointed to a three-year term on the Federal Reserve Bank of St. Louis' Community Development Advisory Council.
View ArticleArvest Closes on Purchase of 29 Bank of America Branches
Arvest Bank of Fayetteville says it has closed on its purchase of 29 bank branches in four states, including Arkansas, from Bank of America Corp.
View ArticleFormer One Bank CEO Layton 'Scooter' Stuart Dies at 62
Layton "Scooter" Stuart, the former chairman and CEO of One Bank & Trust, died Tuesday afternoon at St. Vincent Infirmary Medical Center in Little Rock. He was 61. Stuart was the owner of...
View ArticleArkansas Improves to C- Grade for Transparency of Government Spending
The state of Arkansas improved from F to a C- grade for its government spending transparency, according to an annual report released Tuesday by the United States Public Interest Research Group...
View ArticleChristopher Wewers Elected CEO of First Federal Bancshares
First Federal Bancshares of Arkansas Inc. of Harrison says president and COO Christopher M. Wewers will be CEO of company and its bank, First Federal Bank, effective June 30.
View ArticleCircuit Judge Rules for Banks in Henry Management, Valley Heights Foreclosure
A circuit judge has ruled in favor of the banks in the foreclosure suit on Henry Management Inc.'s blighted Valley Heights Apartments in Little Rock.
View ArticleReports: LaFrance Family Taking Stake in Delta Trust
Reports of a shift in ownership at Delta Trust & Banking Corp. have grown more widespread.
View ArticleDennis Wilson Named Associate at BRR Architecture (Movers & Shakers)
Dennis Wilson of Bentonville has been promoted to the position of associate by BRR Architecture. Also: More promotions and job changes from other industries throughout Arkansas.
View ArticleBank of England Leads Arkansas in Return on Equity
Which lenders headquartered in Arkansas produced the biggest bang for their investors during 2012? Bank of England led the way as measured by return on average equity.
View ArticleConfidence Grows Along with Housing Marketing (Craig Douglass On Consumers)
Get on board. The train is leaving the station. The housing industry is back on track and moving out. And along with it, consumer confidence is improving, adding value to a growing economy that is...
View ArticleBank of the Ozarks Hikes Dividend 13 Percent
Bank of the Ozarks Inc. of Little Rock is increasing its quarterly dividend by 2 cents per share.
View ArticleHere's How the U.S. Economy Has - And Hasn't - Recovered
Home foreclosures and layoffs have dropped to pre-recession levels. Economic output has rebounded. And the Dow Jones industrial average is in record territory. So is the economy back to full health?...
View Article