Banking & Finance Archive

Arkansas State Bank Department Promotes Three (Movers & Shakers)

by Arkansas Business Staff 5/15/2017 12:00 am

Samuel “Tanner” McKnight, Seth Parsley and John David Sonnier have been promoted to bank assistant examiner at the Arkansas State Bank Department.

WLR Office Building Attracts $3.2M Sale (Real Deals)

by George Waldon 5/15/2017 12:00 am

Normandy Place LLC, led by Max Mehlburger, purchased the Markham Executive Center at 10201 W. Markham St. The seller is Security Plan Life Insurance Co. of Donaldsonville, Louisiana.

Chris Thyer Joins Centennial Bank's Trust Department

by Lance Turner 5/10/2017 01:18 pm

Chris Thyer, the former U.S. attorney for the Eastern District of Arkansas, has joined Centennial Bank as a senior vice president in the bank's trust department.

SPONSORED: Staying Poised For A Changing Marketplace

by 5/10/2017 07:00 am

Being proactive through expense monitoring, competitive analysis and using new tools and trends can help enhance your business.

Corrected: U.S. Treasury Buys One Bank & Trust Stock

by Gwen Moritz 5/8/2017 03:26 pm

The U.S. Treasury Department purchased 344,577 shares of stock in One Bank & Trust at a sale conducted in Washington on Monday, the bank's CEO announced.

Bank of the Ozarks Expands Board

by Jan Cottingham 5/8/2017 10:51 am

The Bank of the Ozarks added a member to its board of directors at its annual shareholders meeting, raising the Little Rock company's board membership to 16 and increasing its female board membership to 25 percent.

More Red Ink for One Bank & Trust

by Arkansas Business Staff 5/8/2017 12:00 am

Little Rock's One Bank & Trust posted another quarterly loss: $1.6 million. The red ink during the first quarter marked a continuation of a trend that dates back nearly five years.

Simmons First Not Cooling Its Jets

by Arkansas Business Staff 5/8/2017 12:00 am

Simmons First National Corp. purchased a second jet last fall, a 1997 Dassault Falcon 2000, but don't expect a fleet.

Vouk Transportation Faces Foreclosure on NLR Headquarters

by Arkansas Business Staff 5/8/2017 12:00 am

Bank of Little Rock has filed to foreclose on Vouk's headquarters because it allegedly defaulted on a $826,000 mortgage taken out in May 2015.

Little Rock Looks Up: 7 Downtown Projects Set to Open by Year's End

by George Waldon 5/8/2017 12:00 am

A flurry of behind-the-scenes activity indicates a restart is in the works for a key part of the Creative Corridor in downtown Little Rock.

St. Bernards Medical Center Tops Jonesboro's Construction Projects List

by Mark Friedman 5/8/2017 12:00 am

Construction projects are flourishing in Jonesboro, despite the financial woes plaguing one of its largest commercial ventures.

Stone Bank Hires Jared Carver (Movers & Shakers)

by Arkansas Business Staff 5/8/2017 12:00 am

Jared Carver has been named a financial analyst for Stone Bank in Little Rock.

GOP-Led US House Panel OKs Bill to Overhaul Dodd-Frank

by Associated Press 5/4/2017 11:50 am

A House panel approves legislation that would undo much of the Dodd-Frank law enacted after the 2008 economic meltdown.

In Hearing Today, GOP Begins Work to Undo Dodd-Frank Law

by Associated Press 5/2/2017 11:16 am

The House Financial Services Committee beings work on legislation to undo the Dodd-Frank law, which Congress passed after the financial meltdown in 2008.

Ryan Watley Named CEO of Go Forward Pine Bluff

by Lance Turner 5/1/2017 11:05 am

Ryan Watley is named CEO-elect of Go Forward Pine Bluff, a volunteer group backed by Simmons First National Corp. that aims to stop the city's population decline and bolster its tax base.

Date Set for One Bank & Trust Sale

by Arkansas Business Staff 5/1/2017 12:00 am

Standing first in line for the court-ordered sale of controlling interest in Little Rock's One Bank & Trust is the United States of America, with a potential credit bid of up to $47.9 million.

Simmons Drops Banquet; Home BancShares Adds Board Members

by Arkansas Business Staff 5/1/2017 12:00 am

Simmons First National Corp.'s annual banquet at the Pine Bluff Convention Center, catered by the Pine Bluff Country Club and often featuring background music by the Pine Bluff High School symphony, is no more.

PACE Financing Under Fire From Tom Cotton

by Kyle Massey 5/1/2017 12:00 am

Pulaski County Judge Barry Hyde calls PACE financing a home run, something that makes "a lot of sense to a lot of people." U.S. Sen. Tom Cotton calls PACE a scam to "trick seniors into taking out high-interest loans for 20 years, along with liens on their homes."

Chenal Commercial Attracts $4M Sale (Real Deals)

by George Waldon 5/1/2017 12:00 am

Beefam LLC and Bonerts MV LLC of Santa Ana, California, acquired the 7,457-SF project at 17701 Chenal Parkway, home to Pei Wei and Mattress Firm.

Skip Colvin Slotted as Community President for Arvest (Movers & Shakers)

by Arkansas Business Staff 5/1/2017 12:00 am

As community bank president, Colvin is charged with formulating a hierarchy of objectives and standards of performance, strategies, plans and budgets, among other responsibilities.

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