Banking & Finance Archive

Steve Standridge: No Personal Gain From $7M Fraud

by Gwen Moritz 12/15/2014 12:00 am

Steve Standridge was emotional but conspicuously unapologetic when he explained to a federal judge why he committed the crimes for which she had just sentenced him to five years in prison.

NLR Chamber, ABPG Launch Arkansas Women's Hall of Fame

by Lee Hogan 12/10/2014 01:38 pm

The North Little Rock Chamber of Commerce, in partnership with Arkansas Business Publishing Group of Little Rock, launched the Arkansas Women's Hall of Fame on Wednesday.

Heartland Foundation Donates $97k to Nonprofits in 2014

by Arkansas Business Staff 12/8/2014 02:02 pm

Throughout 2014, the Heartland Foundation of Little Rock, the charitable outlet of Heartland Bank, has donated nearly $100,000 to nine nonprofits.

Micah Beard Made Boss of Borrowing at Citizens Bank in Batesville

by Arkansas Business Staff 12/8/2014 12:00 am

Micah Beard will continue in his role as senior vice president and senior commercial loan officer, but he will assume the additional duties of supervising all of Citizens Bank's loan officers in Batesville and directing lending function at branches in Mountain View, Imboden and Pleasant Plains.

Susan Grobmyer Steps Up at Centennial in Fort Smith (Movers & Shakers)

by Arkansas Business Staff 12/8/2014 12:00 am

Susan Grobmyer has joined Centennial Bank in Fort Smith as senior business development officer. She has more than 30 years of banking and business development experience.

The Bowen I Knew (Chuck Jones Feedback)

by Chuck Jones 12/8/2014 12:00 am

Gwen Moritz's use of the word “privilege” (Editor's Note, Nov. 17) in referencing personal encounters with Bill Bowen was certainly appropriate.

5 Tasks to Do Now to Reduce Your Tax Bill (Richard Bell Expert Advice)

by Richard Bell 12/8/2014 12:00 am

With the holidays in full swing, most of us aren't thinking about taxes. But before you know it, the Christmas gifts will turn to credit card bills and taking steps to reduce your tax liability now could make a jolly new year come tax time. So while you're making your holiday list, consider adding these five things to make next April a little more enjoyable too.

Aircraft Hangar Lands $9.2M Transaction (Real Deals)

by George Waldon 12/8/2014 12:00 am

The sale of a 45,117-SF hangar at Clinton National Airport weighed in at $9.2 million while down the street, a 75,100-SF industrial facility in east Little Rock changed hands in an $800,000 deal.

Centennial Settles with Blackwood over Greystone Development

by Arkansas Business Staff 12/8/2014 12:00 am

Centennial Bank of Conway has backed off of a foreclosure action against Blackwood Properties LLC, led by realty exec Steven Blackwood.

Homebuilders Association Questions Accounting of Former EVP Julie Mills

by Arkansas Business Staff 12/8/2014 12:00 am

The Arkansas Homebuilders Association has asked a Pulaski County Circuit judge to order a former executive to account for certain financial transactions she was responsible for during her tenure.

Citizens Bank Nabs Hot Springs Southern Bancorp Staffers

by Arkansas Business Staff 12/8/2014 12:00 am

There's been another mass migration from one bank to another, and this one is messier than usual. The Citizens Bank of Batesville has hired 10 lenders and support staff away from Southern Bancorp Bank in Hot Springs.

Big River Pushes Construction Total to $2.2B

by George Waldon 12/8/2014 12:00 am

The valuation of large commercial projects underway in Arkansas approached $2.2 billion, nearly double the tally from a year ago. The big leap was thanks in no small measure to the $700 million construction contract for the Big River Steel Mill manufacturing facility near Osceola.

Opinions Divided On Dillard's REIT

by Mark Friedman 12/8/2014 12:00 am

Marcato Capital Management LP of San Francisco, which owns 4.9 percent of Dillard's Inc. stock, said in a news release last month that it wants the company to create a stand-alone real estate investment trust for its assets.

Stocks Gain After Hiring Surge; Dow Nears 18,000

by Associated Press 12/5/2014 11:38 am

U.S. stocks are moving higher in midday trading after the government reported a surge in hiring last month.

NLR Chamber, ABPG Join In Women's Hall of Fame

by Arkansas Business Staff 12/5/2014 11:36 am

The North Little Rock Chamber of Commerce is partnering with Arkansas Business Publishing Group of Little Rock to launch a new program to honor the significant contributions of Arkansas women in business, politics, philanthropy and other fields.

Candace Franks Retained by Asa Hutchinson as Arkansas State Bank Department Commissioner

by Arkansas Business Staff 12/4/2014 02:26 pm

Gov.-elect Asa Hutchinson will retain Candace Franks as commissioner of the Arkansas State Bank Department.

Fed Survey Finds Improvement Across US Economy

by Associated Press 12/4/2014 09:14 am

The U.S. economy kept expanding in October and November, helped by solid gains in consumer spending, manufacturing and overall employment, according to the Federal Reserve's latest survey of business conditions around the country.

More US CEOs Plan to Boost Hiring in Next 6 Months

by Associated Press 12/2/2014 11:33 am

Chief executives at the largest U.S. companies expect sales to keep growing in the next six months and also plan to step up hiring.

Arkansans More Pessimistic About Finances, Feel Better About Major Household Purchases

by Lee Hogan 12/2/2014 10:40 am

Arkansans feel more pessimistic about their current and expected financial situation, but feel more optimistic about buying major household items, according to the latest consumer sentiment survey from Arvest Bank.

Arkansas' November Revenue Up Over 2013, Above Forecast

by Mark Carter 12/2/2014 10:10 am

Arkansas gross general revenue in November was $464.6 million, up 8 percent from last year and 2.8 percent above forecast, according to a report Tuesday by the state Department of Finance & Administration.