Settlement Reached Between One Bank, BHL Financing
The litigation between Johnelle Hunt’s BHL Financing LLC and Little Rock’s One Bank & Trust is no more. The federal case was dismissed on June 23 after a settlement was reached. You might recall...
View ArticleSurvey: Arkansas Consumers Planning for Bigger Purchases, Saving More
Arkansas consumers expect to make large purchases now because they're seeing low unemployment rates, lower interest rates and the possibility of inflation looming on the horizon, according to the...
View ArticleAsa Hutchinson Makes Appointments to Boards, Commissions
Gov. Asa Hutchinson on Wednesday announced the following appointments to state boards, commissions and other entities: Robin Covington, Fort Smith, to the Arkansas Alcohol and Drug Abuse Coordinating...
View ArticleFederal Reserve Approves 2 Bank of the Ozarks Acquisitions
The Federal Reserve Board on Tuesday approved Bank of the Ozarks' record-setting deal to buy Community & Southern Bank of Atlanta, along with another deal to buy C1 Financial Inc. of St....
View ArticleStone Bank VP Blake Fletcher Named President of Leadership Council (Movers &...
Blake Fletcher, vice president of commercial lending at Stone Bank of Little Rock, was recently appointed president of the 2016-17 emerging leaders section council at the Arkansas Bankers Association...
View ArticleGaylon Lawrence Jr. Inherits Ownership of Piggott State Bank
Call it a loose end in the estate of Gaylon Lawrence Sr. Ownership of the $83.8 million-asset Piggott State Bank in Clay County is passing to his son, Gaylon Lawrence Jr. of Memphis. The change comes...
View ArticleCitizens Bank Branching Out to Cedarville
Citizens Bank & Trust Co. of Van Buren is working to entrench itself deeper in the Crawford County market. The $375 million-asset lender intends to open a branch in Cedarville. Has a full-service...
View Article5 Arkansas Banks Tally 1Q Losses
Twenty-one Arkansas banks recorded a first-quarter profit of less than $200,000. Of that group, only five booked losses. Little Rock’s One Bank & Trust posted the biggest loss for the period ending...
View ArticleChick-fil-A Site Rings Up $1.8 Million Transaction (Real Deals)
A future restaurant location in west Little Rock weighed in at $1.8 million. Chick-fil-A Inc. of Atlanta purchased the 2.34-acre site at the southwest corner of Bass Pro Drive and Interstate 30...
View ArticleSPONSORED: Tax Filing Fraud — The Newest Form Of Identity Theft
Today, a taxpayer’s worst nightmare is hearing from their CPA: “We can’t e-file your return. There’s an e-file error which indicates a return is already on file with the IRS using your Social Security...
View ArticleUS Services Firms Grew in June at Fastest Pace in 7 Months
WASHINGTON — U.S. services firms expanded last month at the fastest pace since November, good news for the U.S. economy. The Institute for Supply Management said Wednesday that its non-manufacturing...
View ArticleWal-Mart Now Lets You Pay With Phone at All 4,600 US Stores
ATLANTA - Wal-Mart will now let you pay with its phone app at all 4,600 stores nationwide. The effort is part of Wal-Mart's strategy to make shopping easier and faster, while learning more about...
View ArticlePeggy Pierson Promoted to VP at Generations Bank (Movers & Shakers)
Peggy Pierson has been promoted to vice president and loan officer at Generations Bank of Van Buren. Pierson joined Generations in 2000 as an assistant vice president and loan officer, formerly working...
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Keys to a Fast Professional Start (Jim Karrh On Marketing)
“How can students market themselves to get good jobs after graduation — and to succeed once they get there?” In a few weeks I will address that very question in a keynote to the graduate business...
View ArticleMultifamily Acreage Sells for $3.3 Million (Real Deals)
Property in west Little Rock envisioned for apartments tipped the scales at $3.3 million. Richardson Properties LLC, led by Keith Richardson, purchased 69 acres from Verona Belle Spatz and her namesake...
View ArticleConway Horse Ranch Leads Recent Seven-Digit Deals in Central Arkansas
Equestrian acreage, an office project and a convenience store provide a Conway trio of million-dollar transactions. Inception Management Group LLC, led by Joan and Darren Waggoner, bought the Back...
View ArticleBank of the Ozarks Reports Record 2Q Net Income
Bank of the Ozarks Inc. of Little Rock on Monday announced record second-quarter net income of $54.5 million, up nearly 22 percent from the same quarter last year. The publicly traded company (Nasdaq:...
View ArticleColony West Apartments Draw $6.3 Million Sale (Real Deals)
A 126-unit apartment complex in west Little Rock weighed in at $6.3 million. Andmark Colony West Apartments LLC of Los Angeles purchased Colony West Apartments at 1420 Breckenridge Drive from RCP...
View ArticleGenerations Bank Promotes Two in Camden (Movers & Shakers)
Jennifer Garcia and Dana Ferguson, loan officers at Generations Bank in Camden, have been promoted to vice president/mortgage loan officer and assistant vice president/loan officer. Garcia joined...
View ArticleChip’s Barbeque Falls Off Grill with Bankruptcy
You may have heard that Chip’s Barbeque of Little Rock recently closed and filed for bankruptcy protection. But did you know that the restaurant, which was founded in 1961, listed $400,000 in debts?...
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