Banking & Finance Archive

One Bank & Trust Capitalization Plan Forms

by George Waldon 5/9/2016 12:00 am

Little Rock's One Bank & Trust hasn't generated a normal quarterly profit since the Office of the Comptroller of the Currency ousted Layton “Scooter” Stuart as CEO in September 2012.

All's Quiet on the Acme Bankruptcy Front

by George Waldon 5/9/2016 12:00 am

The parent company of Mulberry's Allied Bank marked its second year in bankruptcy last month.

Desperately Seeking Ms. Right (Editorial)

by Arkansas Business Editors 5/9/2016 12:00 am

If there are 23 men who are ideally suited to serve on the boards of Simmons First National Corp. and Home BancShares Inc., surely there is more than one woman who would be equally valuable.

Farmers & Merchants CEO Gary Hudson on Being a Delta Force in the Ozarks

by Arkansas Business Staff 5/9/2016 12:00 am

Gary Hudson is the president and CEO of Farmers & Merchants Bank of Stuttgart and a member of the Arkansas State Banking Board.

St. John's Apartments Sells for $3.2 Million (Real Deals)

by George Waldon 5/9/2016 12:00 am

Originally led by David Henry, St. J Apartments Ltd. bought Westgate Apartments at 5001 W. 65th St. for $2 million in April 2007 and rechristened the project St. John's.

OCC-Regulated Banks Continue To Grow Scarce

by George Waldon 5/9/2016 12:00 am

Once two recent proposals are approved, the number of Arkansas financial institutions regulated by the Office of the Comptroller of the Currency will fall to 18. The roster of banks regulated by the Arkansas State Bank Department will climb to 86.

Your Startup Business Plan (Marcus Guinn Expert Advice)

by Marcus Guinn 5/9/2016 12:00 am

As entrepreneurs prepare to enter the marketplace, here are some of the important factors that financial institutions want to see in your business plan in order to “green light” your loan application.

Hanna's Candle Gets Burned in Court Judgment

by Arkansas Business Staff 5/2/2016 12:00 am

Last week, Bank of America received a final judgment totaling $6.2 million against Hanna's Candle Co. of Fayetteville, its owner, Burt Hanna, and two of his limited liability companies.

US Employment, Earnings Gains Rose in March

by Arkansas Business Staff 5/2/2016 12:00 am

The U.S. economy continued to rebound in March, as private-sector employment and average hourly earnings rose.

Crittenden Hospital Association Bankruptcy Case Could Last Into 2018

by Mark Friedman 5/2/2016 12:00 am

It might take another two years before the Crittenden Hospital Association's Chapter 7 bankruptcy liquidation is over, the trustee in the case said last week.

Gateway Town Center Tracts Top $10.4M (Real Deals)

by George Waldon 5/2/2016 12:00 am

Undeveloped commercial land in Little Rock's Gateway Town Center project generated two seven-digit transactions.

Cara Lank Joins Ranks at Stone Bank of Mountain View (Movers & Shakers)

by Arkansas Business Staff 5/2/2016 12:00 am

Cara Lank has joined Stone Bank of Mountain View as vice president and credit officer.

Machen, Billings Promoted at Bear State Financial

by Arkansas Business Staff 4/27/2016 03:06 pm

Bear State Financial Inc. of Little Rock, the holding company for Bear State Bank, announced Wednesday that it had promoted James M. Machen and Sherri Billings within the bank.

10 Startups Chosen For FinTech Accelerator Launching May 16

by Sarah Campbell 4/27/2016 01:32 pm

Ten startups have been offered the opportunity to participate in the VC FinTech Acceleration program powered by global technology services provider FIS and hosted by the Venture Center in Little Rock.

AMR Construction Begins Foreclosure Action on Main Street Lofts

by George Waldon 4/25/2016 12:00 am

Little Rock's AMR Construction LLC staked a priority claim to recover $896,756 for unpaid work on the unfinished three-building, 125,000-SF redevelopment at 510-524 Main St.

Construction Booms in a Growing Northwest Arkansas Market

by Marty Cook 4/25/2016 12:00 am

The costs of building things have gone up in northwest Arkansas, developers say. It's not just that land value has risen, but construction and labor costs have also grown.

Energy Security Partners Land Dealings Began in 2015

by Kyle Massey 4/25/2016 12:00 am

In pursuing plans for a natural gas-to-liquid fuel production facility, Energy Security Partners of Little Rock spent more than a year securing the land for its likely plant site in northern Jefferson County.

MedExpress Double-Dose Buy Tops $4.4 Million (Real Deals)

by George Waldon 4/25/2016 12:00 am

National Retail Properties Ltd. of Orlando, Florida, purchased the Markham St. project in midtown Little Rock and the North Little Rock location.

Fayetteville Primed for Second Raising Cane's Restaurant (NWA Real Deals)

by Marty Cook 4/25/2016 12:00 am

Raising Cane's is poised to put a second chicken fingers restaurant in Fayetteville after a $1.3 million purchase.

Amber Nunnelee Promoted at Signature Bank (Movers & Shakers)

by Arkansas Business Staff 4/25/2016 12:00 am

Amber Nunnelee has been promoted to commercial lender for Signature Bank of Arkansas in Fayetteville. She is a graduate of both the Arkansas Bankers Association's consumer and commercial lending schools. Nunnelee has held various positions with Signature Bank since 2006, most recently as a loan coordinator.