First Bank of Hampton Joins Line of Lawsuits Against Dennis Smiley
First Bank of Hampton joins the expanding roster of banks seeking to recover money loaned to Dennis Smiley, a former Arvest Bank executive who is under federal criminal investigation for loan fraud.
View ArticleFaulkner County: EF4 Tornado Destroyed 328 Homes
Faulkner County Attorney David Hogue says 710 homes have been assessed so far after the EF4 tornado hit the county. Along with the destroyed homes, the assessment also found 111 homes with major...
View ArticleApril Revenues for Arkansas Take Expected Dip
Arkansas state income tax revenues declined $101.7 million in April, but the Department of Finance and Administration said Friday the dip was expected and the state is on track to meet its forecast for...
View Article$6M Transaction Rolls Into LR Infiniti Dealer (Real Deals)
The sale of a west Little Rock auto dealership weighed in at $6 million. A condo-conversion project in downtown Little Rock tipped the scales at $3 million. And an education property in west Little...
View ArticleUCA's Michael Hargis on Specialization in Business
Arkansas State University isn't the only institution in Arkansas with a new business dean. Last year, Michael Hargis served as interim dean of the University of Central Arkansas' College of Business in...
View ArticleChick-Fil-A Included in Six-Pack of Recent Million-Dollar Deals
The latest installment of seven-digit deals kicks off with a 49,100-SF office building in west Little Rock and includes million-dollar manors and more.
View ArticleAcme Files Chapter 11 to Avoid Takeover
The parent company of Allied Bank of Mulberry was steered into bankruptcy to stave off a possible takeover by a fellow lender. The defensive move buys Acme Holding Co. more time to work out a solution...
View ArticleUnintended Consequences (Gwen Moritz Editor's Note)
The question of why no big-name, big-shot bank CEOs went to prison after conspiring to blow up the global economy by creating and selling products so toxic that they were actively betting that they...
View ArticleIncoming ASU Business Dean Shane Hunt Plans for A New Era In Business
Shane Hunt won't officially start his new job as Arkansas State University's business dean until June 16, but he already has plans for future Arkansas entrepreneurs.
View ArticleGeorge Gleason Receives LR Rotary Club Award
George Gleason, chairman, CEO and largest shareholder of Bank of the Ozarks Inc., was honored Tuesday afternoon by the Rotary Club of Little Rock as the 2014 honoree of the Business & Professional...
View ArticleSimmons First Grabs Another One: First State Bank of Union City, Tennessee
Simmons First National Corp. of Pine Bluff is continuing its shopping spree by announcing a $243.4 million deal to buy Community First Bancshares Inc. of Union City, Tennessee, and its $1.9 billion...
View ArticleSouthern Bancorp: Record Year for Free Tax Prep Services
Southern Bancorp announced Wednesday that its annual, free tax preparation service resulted in almost 3,000 tax returns and more than $6 million in refunds and credits for underserved individuals and...
View ArticleJanet Yellen Foresees Continued Low Borrowing Rates
Federal Reserve Chair Janet Yellen said Wednesday that the U.S. economy is improving but noted that the job market remains "far from satisfactory" and inflation is still below the Fed's target rate.
View ArticleOne Bank Sues Insurance Company, Seeking $2M
One Bank & Trust has tried unsuccessfully to collect $2 million on its financial institution bond, and now the Little Rock lender has gone to federal court with its grievance against the Travelers...
View ArticleWal-Mart's March into Financial Services Unsettling to Some
When Wal-Mart Stores Inc. abandoned its plans to own a bank operation in 2007, it didn't shelve the idea of offering financial services. Last month, the Bentonville retailer unveiled its latest entry...
View ArticleLaFrance Family Leads Investors Through Wisconsin's Greenwoods State Bank
What started as a niche lending venture in Wisconsin for the Stephen LaFrance family has morphed into a financial turnaround effort with more extensive Arkansas ties.
View ArticleArvest Bank Promotes Marcus Guinn, Keith Carlson
Arvest Bank has promoted Marcus Guinn to executive vice president and loan manager in Little Rock and Keith Carlson to mortgage loan officer in Sherwood.
View ArticleArkansas State Bank Department Makes New Hire, Announces Promotions
The Arkansas State Bank Department has promoted Bob Henry to bank certified examinations manager.
View ArticleBanker's Bank Hires Cara Lank As VP, Credit Officer
First National Banker's Bankshares Inc. has announced the hiring of Cara Lank to the position of vice president and credit officer for First National Banker's Bank.
View ArticleU.S. Bank Promotes Massie To District Manager in Missouri
U.S. Bank has promoted Michelle Massie, formerly manager of its Mountain Home office, to the position of district manager for the south district of the southeast Missouri region.
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