Jim Johnson Promoted at Stone Bank (Movers & Shakers)
Jim Johnson has been named senior vice president and senior lending officer of the Harrison location of Stone Bank. A native of Harrison, Johnson had been serving in a similar capacity at the bank’s...
View ArticleArvest Names Eric Bunnell President of Equipment Finance in Fort Smith (NWA...
Eric Bunnell has been promoted to president of Arvest Equipment Finance and is relocating to Fort Smith for the job. Bunnell, who has worked in the Kansas City area, joined Arvest Bank in 2012. He has...
View ArticleSPONSORED: Four Ways To Fight For Progress In 2017
With the new year upon us and 2016 behind us, maybe you’ve begun to think about your “new year’s resolutions.” Whether 2016 was a mountaintop or a valley for you, I’m sure there are aspects that you...
View ArticleJTS Financial Gets Controlling Interest in EBi
JTS Financial of Little Rock said Thursday that it acquired controlling interest in Your Benefits Agency Inc. of Little Rock, which does business as Educational Benefits, or EBi, and provides insurance...
View ArticleAverage US 30-Year Mortgage Rate Falls to 4.12 Percent
WASHINGTON — Long-term U.S. mortgage rates fell this week, the second week of declines after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said Thursday the rate on 30-year...
View ArticleDale Cole on the Next 20 Years of First Community Bank of Batesville
Dale Cole grew up in Garland, Texas, and graduated with a business administration degree from the University of Texas in 1970. He worked as a commercial loan officer at Texas Bank & Trust in Dallas...
View ArticleElection Effect Boosts Arkansas Banks
Simmons First National Corp. and Home BancShares Inc. were among those companies enjoying sizable stock price bumps during the past two months. Simmons First soared from $48.65 on Nov. 4 to $66.40 on...
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Simmons, Home BancShares Set To Vault Into $10B Club
Arkansas membership in the $10 billion bank club should double by the end of September. Home BancShares Inc. of Conway is poised to surpass $10 billion in total assets by March. Simmons First National...
View ArticleSimmons First Eyes Downtown Acxiom Building in Little Rock
What’s new with talk of a sale of the Acxiom Building in downtown Little Rock? Glad you asked. Our well-placed insider tells us that Simmons First National Corp. is taking a long, hard look at buying...
View ArticleAmerican Household Debt Rises in 2016
Total household debt in the United States rose by $63 billion to $12.35 trillion, a 0.5 percent increase, during the third quarter of 2016 compared with second-quarter 2016. That’s according to the...
View ArticleAre 401(k) Costs Fair? Firms Can Analyze Fees
The suspicion that one’s 401(k) plan might be costing more in fees than necessary has taken root in the American consciousness. It was the subject of an expose by the PBS documentary series “Frontline”...
View ArticleMadeline Kurrus Moore Returns To Arvest HR
Madeline Kurrus Moore has been hired as human resources manager for Arvest Bank’s central Arkansas market. Moore previously practiced law with the Cross Gunter Witherspoon & Galchus firm and,...
View ArticleRelyance, Citizens Banks Plan Hot Springs Branches
Relyance Bank of Pine Bluff and Citizens Bank of Batesville are the first two buyers in a new light commercial development on the southeast side of Hot Springs, developer Ross Whipple confirmed last...
View ArticleSimmons First Names Jerry Hunter, Mindy West to Board
Simmons First National Corp. of Pine Bluff announced Friday the addition of Jerry M. Hunter of St. Louis and Mindy West of El Dorado to its board of directors. Hunter is a partner in the St. Louis...
View ArticleSPONSORED: Four Essential Team Members Every New Business Needs
It’s the start of a new year and you are finally going to take the big step of starting your own business. Congratulations! According to the Small Business Administration (SBA), you will join over...
View ArticleBank of the Ozarks Posts Record 4Q, Yearly Net Income
Bank of the Ozarks Inc. on Tuesday announced record fourth quarter net income of $87.8 million, a 71 percent increase from quarterly net income of $51.5 million a year ago. The performance helped power...
View ArticleBiege Book: Economic Growth Quickened at Year's End
WASHINGTON — The U.S. economy grew a bit faster at the end of last year, spurred by healthier sales for manufacturers and steady hiring that is slowly pushing up wages. The Federal Reserve said...
View ArticleMachen Succeeds McFatridge as CEO of Bear State Financial
Mark McFatridge has resigned as CEO of Bear State Financial, and the board of directors of the publicly traded bank holding company announced Wednesday that Matt Machen will be his replacement. Machen,...
View ArticleSimmons Reports 4Q Net Income of $27M
Simmons First National Corp. earned $27 million in the fourth quarter of 2016, a year-over-year increase of 13.4 percent, pushing its net income for the year to $96.8 million, an increase of more than...
View Article4Q, Full-Year Results Up at Home BancShares
Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $48.6 million, up nearly 30 percent from the same time last year. The parent company of Centennial Bank said...
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