Banking & Finance

Johnny Allison, Rotary Leader of the Year, Never Dreamed of Being One

Johnny Allison, Rotary Leader of the Year, Never Dreamed of Being One
Johnny Allison

Lessons of hard work and money management stuck John Allison, who shared some of those lessons at Tuesday's Rotary Club of Little Rock luncheon, where he was honored as the club's 2018 Business and Professional Leader of the Year.
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First Security Fights 'Warehouse Sale' of Lauren James

The Searcy bank, which has sued Lauren James Enterprises Inc. of Fayetteville over a defaulted $338,720 loan, has asked a Washington County Circuit judge to prevent Lauren James from holding its warehouse sale scheduled for Saturday and Sunday.
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Fed Sets Limits on Biggest Banks' Loans to Each Other

The Federal Reserve has set limits aimed at addressing one of the leading causes of the 2008 financial crisis — the buildup of loans extended by one bank to another among the biggest Wall Street institutions.
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Regions Center Owners Sue Over $32M Default This article is available only in print.

The owners of the Regions Center say they were thwarted in their efforts to refinance a $32 million loan. read more >

No Auction in Golden Bankruptcy; FDIC Judgment Gone This article is available only in print.

As it stands now, there will be no auction of assets owned by fallen banker Lex Golden and his wife, Ellen. read more >

Tom Mays Promoted at Bank of the Ozarks (Movers & Shakers)

Tom Mays has been promoted to south Arkansas division president of the Bank of the Ozarks in Little Rock. read more >

West Little Rock E-Z Mart Rings Up $1.4 Million Sale (Real Deals) This article is available only in print.

An affiliate of New York's Getty Realty Corp. bought the 11911 Mara Lynn Drive project from E-Z Mart Stores Inc., led by Sonja Hubbard. read more >

Duke Replaces Duke at Capital Bank

There's a new face in the president's office at Capital Bank of Little Rock. Actually, it's pretty much like the previous face. read more >

Attention Arkansas Startups, 10X Cyber Is Only for You

There's a new kind of accelerator now, 10X Cyber Accelerator, that accepts only Arkansas companies with annual revenue of between $100,000 and $10 million. read more >

Springdale Hopes to Maintain New Momentum Downtown

Springdale hopes to build on recent efforts to reinvigorate its downtown. read more >

Doggett NLR Purchase Closes at $12.8 Million (Real Deals)

Doggett Properties Arkansas LR LLC, an affiliate of Leslie Doggett Industries of Houston, Texas, acquired the 87,531-SF Truck Centers of Arkansas complex at 11700 Valentine Road. read more >

FBT Bank & Mortgage Hires Three in Jefferson County (Movers & Shakers)

Joni Alexander, Ricky Ferguson and Shannon Robinson have been hired to serve two Jefferson County FBT Bank & Mortgage locations. read more >

Creating Liquidity for Shareholders (Robert T. Smith Commentary)

Attorney Robert T. Smith discusses common alternatives used by privately held banks as well as nonfinancial companies to create liquidity for shareholders. read more >

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