Makris: Simmons First Looking at Nearby States for Expansion
Simmons First National Corp., having moved into Tennessee and expanded its presence in Missouri and Kansas, is now casting eyes on more neighboring states, CEO George Makris Jr. said Tuesday night. In...
View ArticleHome BancShares 1Q Net Income Up 33 Percent
Home BancShares Inc. of Conway on Thursday announced record first-quarter net income of $41.4 million for the quarter ended March 31, a 33 percent increase compared to the same period in 2015. The...
View ArticleSimmons First 1Q Net Income Up 170 Percent
Simmons First National Corp. of Pine Bluff on Thursday reported first-quarter net income of $23.5 million, up 170 percent from $8.7 million in the same quarter last year. The publicly traded bank...
View ArticleMike Beebe Joins Board of Home BancShares, Stock to Split in June
Former Gov. Mike Beebe has been named to the board of directors of Home BancShares Inc., the publicly traded parent company of Centennial Bank that is headed by his college roommate, Chairman John...
View ArticleBear State Earnings Reach $3.3 Million in 1Q
Bear State Financial Inc. of Little Rock, the parent company of Bear State Bank, earned $3.3 million (9 cents per share) in the first quarter of 2016, up from $2.3 million the first quarter of 2015....
View ArticleAmber Nunnelee Promoted at Signature Bank (Movers & Shakers)
Amber Nunnelee has been promoted to commercial lender for Signature Bank of Arkansas in Fayetteville. She is a graduate of both the Arkansas Bankers Association’s consumer and commercial lending...
View ArticleMedExpress Double-Dose Buy Tops $4.4 Million (Real Deals)
Tandem sales of two MedExpresses checked in at nearly $4.5 million. National Retail Properties Ltd. of Orlando, Florida, purchased the 5326 W. Markham St. project in midtown Little Rock for $2.62...
View ArticleFayetteville Primed for Second Raising Cane's Restaurant (NWA Real Deals)
Raising Cane’s is poised to put a second chicken fingers restaurant in Fayetteville after a $1.3 million purchase. Raising Cane’s Restaurants LLC of Plano, Texas, bought a 1.1-acre property at 1740...
View ArticleAMR Construction Begins Foreclosure Action on Main Street Lofts
The contractor on downtown Little Rock’s Main Street Lofts project has initiated foreclosure action to press home its recent $974,784 arbitration award. Little Rock’s AMR Construction LLC staked a...
View ArticleConstruction Booms in a Growing Northwest Arkansas Market
Cody Crawford likes being in the position to pick and choose, and the northwest Arkansas market is allowing him to do just that. Crawford, the president of CR Crawford Construction LLC of Fayetteville,...
View ArticleEnergy Security Partners Land Dealings Began in 2015
In pursuing plans for a natural gas-to-liquid fuel production facility, Energy Security Partners of Little Rock spent more than a year securing the land for its likely plant site in northern Jefferson...
View ArticleUS New-Home Sales Fall in March for Third Straight Month
WASHINGTON — Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states. New-home sales slipped 1.5 percent last month to a...
View ArticleNo Fed Rate Hike Expected Today, But What About in June?
WASHINGTON — On this, pretty much every economist agrees: The Federal Reserve will keep interest rates unchanged when it ends its latest policy meeting Wednesday. What's unclear is whether it will hint...
View Article10 Startups Chosen For FinTech Accelerator Launching May 16
Ten startups have been offered the opportunity to participate in the VC FinTech Acceleration program powered by global technology services provider FIS and hosted by the Venture Center in Little Rock....
View ArticleMachen, Billings Promoted at Bear State Financial
Bear State Financial Inc. of Little Rock, the holding company for Bear State Bank, announced Wednesday that it had promoted James M. Machen and Sherri Billings within the bank. Machen, senior executive...
View ArticleFed Keeps Key Rate Unchanged; No Hint on Timing of Next Hike
WASHINGTON — The Federal Reserve kept a key interest rate unchanged Wednesday against the backdrop of a slowdown in U.S. and global growth and provided no hint of when its next rate hike may occur. In...
View ArticleUS Employment, Earnings Gains Rose in March
The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose. The findings were contained in the most recent “State Economic Snapshots” released by...
View ArticleGateway Town Center Tracts Top $10.4M (Real Deals)
Undeveloped commercial land in Little Rock’s Gateway Town Center project generated two seven-digit transactions. Town Center LLC, led by Tommy Hodges, sold an 89.3 percent stake in two tracts. The...
View ArticleHanna's Candle Gets Burned in Court Judgment
Last week, Bank of America received a final judgment totaling $6.2 million against Hanna’s Candle Co. of Fayetteville, its owner, Burt Hanna, and two of his limited liability companies. The case...
View ArticleCrittenden Hospital Association Bankruptcy Case Could Last Into 2018
It might take another two years before the Crittenden Hospital Association’s Chapter 7 bankruptcy liquidation is over, the trustee in the case said last week. “We’re collecting accounts receivable and...
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