Cara Lank Joins Ranks at Stone Bank of Mountain View (Movers & Shakers)
Cara Lank has joined Stone Bank of Mountain View as vice president and credit officer. A native of Newport, Lank was previously a vice president and credit officer for First National Bankers Bank in...
View ArticleOCC-Regulated Banks Continue To Grow Scarce
Anstaff Bank of Green Forest (Carroll County) has joined a growing procession of Arkansas lenders in converting their national charter to a state charter. The $437 million-asset bank is seeking...
View ArticleSt. John's Apartments Sells for $3.2 Million (Real Deals)
A 224-unit apartment complex in south Little Rock tipped the scales at $3.2 million. STJ Redevelopment LLC, an affiliate of Cross Equities of Addison, Texas, purchased St. John’s Apartments at 5001 W....
View ArticleDesperately Seeking Ms. Right (Editorial)
Simmons First National Corp. of Pine Bluff, the venerable parent company of Simmons Bank, has 11 directors. All 11 are male. Home BancShares Inc. of Conway, the parent company of Centennial Bank, has...
View ArticleAll's Quiet on the Acme Bankruptcy Front
The parent company of Mulberry’s Allied Bank marked its second year in bankruptcy last month. More than six months have come and gone since anything new has hit the court docket in the Chapter 7...
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Your Startup Business Plan (Marcus Guinn Expert Advice)
The post-recession downward trend in new business activity is showing signs of reversal, according to the 2015 Kauffman Index of Entrepreneurship. In fact, last year the new business sector had the...
View ArticleOne Bank & Trust Capitalization Plan Forms
Little Rock’s One Bank & Trust hasn’t generated a normal quarterly profit since the Office of the Comptroller of the Currency ousted Layton “Scooter” Stuart as CEO in September 2012. That fiscal...
View ArticleWorldwide Number of Bank Branches on Decline
Technology has changed the relationship between banks and their customers, a change resulting in the decline in the number of bank branches per capita worldwide. Customers are increasingly using...
View ArticleNew Bankruptcy Filing Shows Deeper Debts for Phil Herrington
Little Rock businessman Phil Herrington’s Chapter 11 bankruptcy reorganization was worse than we originally thought. In the recently released, more detailed filing, Herrington listed debts of $13.45...
View ArticleKent Williamson Succeeds Lisa Ray as Arvest President in Springdale
Lisa Ray last week started her big new job as regional executive for Arvest Bank in northwest Arkansas and southwest Missouri. (You can read more about that in this week's cover feature, Despite...
View ArticleIn Fraud By Kevin Lewis, Blame Is On Trial
In a civil trial scheduled to start next Monday, the Federal Deposit Insurance Corp. will blame regional accounting firm BKD LLC for failing to uncover the massive fraud that led to the 2010 failure of...
View ArticleGroups Strive to Support Latino Entrepreneurs
Money is one of the most important requirements for the budding startup community in northwest Arkansas. Jay Amargos of Startup Junkie Consulting said the lack of money is just one of many barriers for...
View ArticleDespite Individual Victories, Progress Slow For Women in Arkansas Banking
(A correction has been made in this article. See end for details.) For women in Arkansas’ banking industry, every encouraging development seems to be matched by discouraging reality. Last week, for...
View ArticleFDIC Asks for Over $1.2M in Judgments Against Alex Golden, Amy McCay
Remember those summary judgments against Little Rock banker Alex Golden and his sister, Amy McCay, the ones we told you about more than a year ago? We had heard that Golden, president and CEO of Allied...
View ArticleFarmers & Merchants CEO Gary Hudson on Being a Delta Force in the Ozarks
Gary Hudson is a native of DeWitt and a graduate of Arkansas State University at Jonesboro, the University of Arkansas School of Law at Fayetteville and the Southwestern School of Banking at Southern...
View ArticleStephens Inc. Fined $900K for Lax Supervision of Internal Emails
Stephens Inc., the Little Rock investment bank, has agreed to a $900,000 fine for failing to supervise use of internal emails concerning analysis of companies and industries. FINRA, the Financial...
View ArticleThree Former Employees Plead Guilty to Stealing $3.9M From Walnut Ridge Bank
Three former employees of First National Bank of Lawrence County have pleaded guilty to a 10-year conspiracy to commit bank fraud and will share responsibility for nearly $4 million in restitution....
View ArticleSean Williams Installed as Bankers Association Chairman; Cathy Owen Added to...
Sean Williams was installed Thursday as chairman of the Arkansas Bankers Association for 2016-17, and Dave Dickson was moved up to chairman-elect in preparation for becoming chairman a year from now....
View Article2 Regulators OK Bank of the Ozarks' Acquisitions
Bank of the Ozarks Inc. of Little Rock said Friday that it has received regulatory approval for its previously announced acquisitions of Community & Southern Bank of Atlanta and C1 Financial Inc....
View ArticleMichelle Smith Joins BancorpSouth Branch in Fort Smith (Movers & Shakers)
Michelle Smith has been hired by BancorpSouth Bank as an assistant vice president and manager of the Riley Farm branch in Fort Smith. Smith, who has 26 years of banking experience, was previously with...
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