Banking & Finance Archive

New List of Shopping Centers Shows Trend

by Gwen Moritz 1/25/2016 12:00 am

In 2006, the last time Arkansas Business published a list of the largest shopping centers in the state, University Mall in Little Rock was still open and Pinnacle Hills Promenade in Rogers was the big new thing.

Judge Approves Sale of John Rogers Photos

by George Waldon 1/25/2016 12:00 am

One of the historic treasures of early 20th century major league baseball is headed toward the auction block, but conflicting claims on the famed Conlon Collection still await courtroom resolution.

A Master Class in Feedback (Barry Goldberg On Leadership)

by Barry Goldberg 1/25/2016 12:00 am

Every year, aspiring singers participate in auditions for the New York Metropolitan Opera. Judges provide feedback to each of the singers. Most of the conversations were great examples of powerful feedback, delivered with skill and impact.

Simmons First 4Q Net Income Up 90 Percent

by Arkansas Business Staff 1/21/2016 11:57 am

Simmons First National Corp. of Pine Bluff on Thursday reported fourth-quarter net income of $23.9 million, up 90 percent from $12.6 million it reported in the same quarter last year.

Home BancShares 4Q Net Income Up 25 Percent

by Alexis Hosticka 1/21/2016 09:30 am

Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $37.4 million, up 25 percent from the same quarter last year and its 19th straight quarter of record profit.

Little Rock Chamber Appoints Paul Latture as VP

by Arkansas Business Staff 1/20/2016 03:25 pm

The Little Rock Regional Chamber of Commerce announced Wednesday that Paul Latture will begin work immediately as vice president of economic development as well as executive director of the Metro Little Rock Alliance.

NLR Chuy's Rings Up $4.5M Transaction (Real Deals)

by George Waldon 1/18/2016 12:00 am

The sale of a North Little Rock eatery tipped the scales at $4.5 million. A Sherwood car wash transaction weighed in at $2.5 million. And apartments in midtown Little Rock changed hands in a $1.74 million deal.

Twin Lakes Sale Closes At $15.3M, 1.42x Book

by George Waldon 1/18/2016 12:00 am

The sale of Twin Lakes Community Bank of Flippin (Marion County) marked the fourth Arkansas lender to change hands during 2015 for a book value multiple in the 1.34-1.45 range.

Crews' Derek Whitehead Moves to Conway

by Arkansas Business Staff 1/18/2016 12:00 am

Derek Whitehead has been named account executive in the Conway office of Crews & Associates of Little Rock.

Blake Fletcher Joins Stone Bank in LR

by Arkansas Business Staff 1/18/2016 12:00 am

Blake Fletcher has been hired as senior lending officer for the new Little Rock loan production office of Stone Bank of Mountain View.

State Bank Department Promotes Andrew McCormick

by Arkansas Business Staff 1/18/2016 12:00 am

Andrew McCormick has been promoted to bank junior examiner by the Arkansas State Bank Department.

National Charter Conversions to State a One-Way Street

by Gwen Moritz 1/18/2016 12:00 am

Most regulated industries don't get to choose who regulates them, but, to a limited degree, banks do. And while the door can swing both ways, in reality the traffic has flowed in one direction: converting from national charters to state charters.

US Bank's Michael A. Shelley on Banking in Arkansas, Singing in Alabama

by Arkansas Business Staff 1/18/2016 12:00 am

As State President of U.S. Bank, Michael A. Shelley is responsible for commercial, consumer and trust banking throughout Arkansas. He has more than 30 years of experience as a commercial banking executive, corporate CFO and CPA.

Bank of the Ozarks Reports Record 4Q Net Income

by Arkansas Business Staff 1/14/2016 04:23 pm

Bank of the Ozarks Inc. of Little Rock on Thursday announced record fourth-quarter net income of $51.5 million, up 48 percent from the same quarter last year. It also said full-year net income was a record $182.3 million, up 54 percent from $118.6 million for the full year of 2014.

US Chamber of Commerce Sees Many Risks For 2016

by Associated Press 1/14/2016 11:30 am

America's most influential business lobby says American businesses are facing numerous risks and few upsides as they enter 2016.

Heartland Foundation Gives $105K to Nonprofits

by Alexis Hosticka 1/13/2016 10:17 am

Heartland Foundation, the charitable outlet of Heartland Bank, contributed $105,00 dollars to 13 nonprofits in 2015.

Bank of the Ozarks to Buy WLR Land for New Headquarters

by George Waldon 1/12/2016 04:12 pm

Bank of the Ozarks has put about 44 acres under contract for a new corporate headquarters campus in west Little Rock. The company intends to pay $12.7 million for property on the western end of The Ranch. First-phase construction of a 180,000-SF building is expected to begin late this year or early 2017.

Centennial Bank Acquires Former John Rogers Properties in Auction

by Arkansas Business Staff 1/11/2016 12:00 am

Centennial Bank of Conway recovered four North Little Rock properties formerly owned by alleged fraudster John Rogers and his ex-wife, Angelica.

Another OneFinancial Asset Eyed by Johnelle Hunt's BHL

by Arkansas Business Staff 1/11/2016 12:00 am

BHL Financing is making a claim on $1.2 million worth of trust-preferred shares issued by West Tennessee Bancshares Inc., holding company for the $337 million-asset Bank of Bartlett.

Crittenden County Hopes to Build New $21M Hospital

by Mark Friedman 1/11/2016 12:00 am

If Crittenden County voters approve a tax measure on March 1, an approximately $21 million hospital will be built to replace the bankrupt Crittenden Regional Hospital, which has been closed since September 2014.