Ty Matlock Takes Associate Seat with United Federal Credit Union (NWA Movers...
Ty Matlock has been named associate director of the board of directors of United Federal Credit Union, headquartered in St. Joseph, Michigan. The Associate Director Program is designed to provide a...
View ArticleFinancial Trouble Among Competing Convention Centers Split in Texarkana
The financial tale of Texarkana’s competing convention centers continues. U.S. Bankruptcy Court for the Eastern District of Texas on Wednesday approved the sale of Dr. Hiren D. Patel’s hotel in...
View ArticleRegions Center Consultant: 'Improper Actions' by Wells Fargo Led to Bankruptcy
The owners of the 30-story Regions Center in downtown Little Rock weren’t able to refinance a $32 million loan before it matured on Sept. 1. That put the owners on the road to bankruptcy court. The...
View ArticleJohn Rogers’ Creditors Line Up For $1.5 Million
The battle over the biggest asset remaining from John Rogers’ murky business dealings and insolvent ventures begins next week in Little Rock. Creditors of the fallen North Little Rock sports...
View ArticleSimmons to Buy Fort Worth Bank in Third Deal Since November
Simmons First National Corp. of Pine Bluff announced Monday a $462 million cash-and-stock deal to acquire First Texas BHC Inc. of Fort Worth and its $2 billion-asset subsidiary Southwest Bank. It's the...
View ArticleFarmers Bank & Trust Names Chris Gosnell CEO
Farmers Bank & Trust of Magnolia said Tuesday that its board of directors has named Chris Gosnell president and CEO, effective immediately. Gosnell previously worked as president and chief banking...
View ArticleSouthern Bancorp to Buy Farmers Bank of Hamburg
Southern Bancorp Inc. of Arkadelphia said Wednesday that it will acquire Farmers Bank of Hamburg (Ashley County) in a $4.5 million cash-and-stock deal. Like many small banks, Farmers has struggled with...
View ArticleAsa Hutchinson Makes Appointments to Boards, Commissions
Gov. Asa Hutchinson on Thursday announced the following appointments. Lona McCastlain, Austin, to the Parole Board. Appointment expires Jan. 14, 2024. Replaces James Wallace. Ray Dillon, Little Rock,...
View ArticleCorrection: Hempstead County Eyes Bank Building for Courthouse
In today's Morning Roundup enewsletter, we linked to a story in the Texarkana Gazette about the Hempstead County Quorum Court voting to negotiate with Farmers Bank & Trust of Magnolia to purchase...
View ArticleCrossett Banker Beaty Fined $35,000 for Failing to Report Suspicious Activity
Howard M. Beaty Jr., president and CEO of First State Bank of Crossett for the past decade, has agreed to a $35,000 fine by the Federal Deposit Insurance Corp. for failing to file required reports on...
View ArticleKathy Deck: Slower Growth on Tap for Northwest Arkansas
Kathy Deck said northwest Arkansas and health care services will be strong points for an otherwise less robust Arkansas job market in 2017. Deck, the director of the Center for Business and Economic...
View ArticleOne Bank & Trust: Sell or Build Capital Base
Little Rock’s One Bank & Trust continues to operate under an unusual arrangement more than four years after the ouster of its owner and CEO, Layton “Scooter” Stuart. The $310 million-asset lender...
View ArticleFirst Financial Bank Branching Out to Little Rock
El Dorado’s First Financial Bank is no stranger to the Little Rock market. The $901 million-asset lender has operated a mortgage production office in the capital city since 1984. After more than 32...
View Article$4.8M Sale Visits Rogers Warehouse (NWA Real Deals)
A Van Buren investment group bought a 268,000-SF office-warehouse in Rogers for $4.8 million. Breeden Robinson LLC, led by Larry Breeden, bought the facility from Superior Industries International...
View ArticleRegions Center Ownership Comprised of 32 Companies
The owners of the 30-story Regions Center in downtown Little Rock have filed a more detailed account of their debts and assets for the building in their Chapter 11 reorganization case. The total debt...
View ArticleBaptist Health Exec Faces Foreclosure on Conway Ranch, Restaurant
Trouble is brewing for Joanie White-Wagoner, administrator and vice president at the new $150 million Baptist Health Medical Center-Conway. She and her husband, Darren Wagoner, are facing foreclosure...
View ArticleTrumps Signs Order to Cut Regulations on Business
WASHINGTON - President Donald Trump signed an order on Monday that will seek to dramatically pare back federal regulations by requiring agencies to cut two existing regulations for every new rule...
View ArticleUS Pending Home Sales Increased in December
WASHINGTON — More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasing the...
View ArticleMomentum Jonesboro on Pace to Grow Jobs in Key Sectors
Momentum Jonesboro, the economic development fundraising plan targeting job growth in northeast Arkansas, is on pace to reach its $3.7 million goal in May, as officials hoped. But the city isn't...
View ArticleUnemployment in Arkansas MSAs Down From 2015
December unemployment was down in Arkansas from a year ago, according to Bureau of Labor Department figures released Wednesday. The bureau reported overall unemployment in Arkansas at 3.8 percent, down...
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