Banking & Finance Archive

Eagle Bank To Make New Nest in Saline County

by Arkansas Business Staff 6/22/2015 12:00 am

Eagle Bank eased into the Conway market last year by opening a loan-production office and then converting it to a full-service branch. Now the Little Rock bank is planning the same kind of assault on Saline County.

No Timetable for Plea Deal in Dennis Smiley Jr. Case

by Arkansas Business Staff 6/22/2015 12:00 am

Whispers admitted it was going out on a limb by predicting in April that a plea deal for Arvest Bank's former Benton County market president Dennis Smiley Jr. was likely within a couple of weeks.

Bruised Lender Makes Showing Atop Best ROAs

by George Waldon 6/22/2015 12:00 am

An eclectic group emerged from the first quarter as top-performing lenders based in Arkansas. Measured by return on assets, the group of 10 represented large and small banks sprinkled around the state and a credit union. Two of the lenders are led by women.

McClelland Consulting Engineers Adds Three to Fayetteville Office (Movers & Shakers)

by Arkansas Business Staff 6/22/2015 12:00 am

Adam Lesso, William Fellows and Nick Batker have been hired by McClelland Consulting Engineers Inc. and will work from its Fayetteville office.

NLR Warehouse Draws $1.4 Million Transaction (Real Deals)

by George Waldon 6/22/2015 12:00 am

A 22,500-SF warehouse in North Little Rock tipped the scales at $1.46 million. A 13.7-acre residential parcel in west Little Rock weighed in at $1.25 million. And a 1,866-SF fast-food eatery in Little Rock is under new ownership after a $1 million transaction.

The Value of Humility (Editorial)

by Arkansas Business Editors 6/22/2015 12:00 am

Interviewing our 40 Under 40 honorees remains for the Arkansas Business staff an interesting and often uplifting assignment despite years of experience. Reading the stories of so many productive people is a cure for cynicism.

Arkansas Jobless Rate Steady at 5.7 Percent

by Arkansas Business Staff 6/19/2015 09:30 am

The state's unemployment rate was steady at 5.7 percent in May, according to data released Friday by the Arkansas Department for Workforce Services.

Simmons Unveils Ad Featuring Justin Moore

by Gwen Moritz 6/19/2015 08:42 am

A new advertising campaign featuring Justin Moore, the country music artist originally from Poyen, was unveiled Thursday night at Simmons First National Corp.'s annual shareholders meeting.

Phil Baldwin Tells Independence County to 'Dream Big'

by Alexis Hosticka 6/18/2015 03:12 pm

Through citizen involvement and a potluck of ideas, Independence County is aiming to leverage its strengths to improve its prospects in five key areas, including economic development. In doing so, Citizens Bank CEO Phil Baldwin is urging the county to aim high.

UA Names Colleen Briney to Business Affairs Post

by Arkansas Business Staff 6/18/2015 02:27 pm

Colleen Briney has been named the new associate vice chancellor for business affairs at the University of Arkansas, the university announced Thursday.

Report: Benton County Tops in US in Wage Growth

by Mark Carter 6/18/2015 09:07 am

The bureau measured the nation's 339 largest "jobs" counties, and Benton County's 9.9 percent wage growth from December 2013 to December 2014 was the highest in the U.S.

Home BancShares to Buy Florida Business BancGroup of Tampa

by George Waldon 6/17/2015 04:07 pm

Home BancShares Inc. of Conway is making another Florida bank buy, scooping up Florida Business BancGroup Inc. of Tampa. The $101.6 million transaction will push the company's asset total to $8.5 billion and its Tampa area branch network to 12.

Hutchinson Financial Sold to United Capital of California

by Arkansas Business Staff 6/16/2015 10:43 am

United Capital Financial Advisers LLC of Newport Beach, California, announced on Monday that it had entered the Arkansas market by acquiring Hutchinson Financial Inc., the Little Rock financial advisory founded by Eric Hutchinson in 1988.

Update: Judge Rejects Red Alert Media Matrix's $18M Offer For John Rogers Archive

by George Waldon 6/15/2015 01:45 pm

Pulaski County Circuit Judge Chris Piazza rejects a proposed $18 million offer to buy assets from embattled photo archivist and sports memorabilia dealer John Rogers.

National Park Medical Center on List For High Markups

by Mark Friedman 6/15/2015 12:00 am

An official with National Park Medical Center in Hot Springs last week blasted a report that said the hospital had one of the highest price markups in the country.

FABT Turns Eye on Angelica Rogers In Search of John Rogers Assets

by Arkansas Business Staff 6/15/2015 12:00 am

Angelica Rogers, the former wife of alleged fraudster John Rogers, is now on the firing line of collection efforts by First Arkansas Bank & Trust

Arkansas Securities Commissioner Edmond Waters on Preventing Bad Brokers from Doing Business

by Arkansas Business Staff 6/15/2015 12:00 am

Edmond Waters was appointed in February by Gov. Asa Hutchinson to succeed Heath Abshure as commissioner of the Arkansas Securities Department.

What Would Marco Do? (Gwen Moritz Editor's Note)

by Gwen Moritz 6/15/2015 12:00 am

The people most likely to excuse Marco Rubio's financial ignorance are the same people who expect perfect financial decisions from people who couldn't well afford professional financial advice.

Corporate Citizenship (Editorial)

by Arkansas Business Editors 6/15/2015 12:00 am

The cost of a customer rewards campaign by a Canadian bank giving away flowers and baseball tickets had to have been dwarfed by the enormous goodwill it generated. So how much greater then is the goodwill generated by something like Murphy Oil Corp.'s El Dorado Promise?

15 on Highest-Paid Nonprofit Employees List Earn $1M or More

by Gwen Moritz 6/15/2015 12:00 am

Research for this third annual list of the highest-paid nonprofit employees turned up 15 with total compensation in the seven figures, up from seven on last year's list.

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