Banking & Finance Archive

Financial Cleanup Continues in Main Street Lofts Mess

by Arkansas Business Staff 5/29/2017 12:00 am

More pieces have surfaced in the financial workout of the Main Street Lofts project in downtown Little Rock.

Homebank Holds Claim in El Dorado Man's $3.3M Bankruptcy

by Arkansas Business Staff 5/29/2017 12:00 am

El Dorado businessman Darrell Lee Madding recently filed for Chapter 7 bankruptcy liquidation, listing $3.3 million in debts and $4.4 million in assets.

House of Cards: How John Rogers Bilked Banks, Conned Collectors

by George Waldon 5/29/2017 12:00 am

Not many people know that John Rogers was a millionaire real estate investor before he began serious work building his sports memorabilia and photo empire in North Little Rock. That's because he wasn't. It's a big, fat lie.

Bond Claims Change for Mortgage Brokers (Vic Lance Expert Advice)

by Vic Lance 5/29/2017 12:00 am

Arkansas mortgage brokers and other financial professionals in the state have to comply with new licensing and bonding rules.

Grand Savings, Citizens Banks Add Execs in Rogers (NWA Movers & Shakers)

by Arkansas Business Staff 5/29/2017 12:00 am

Jared Gabriele has been hired as an assistant vice president and loan officer at Grand Savings Bank. Ron Branscum has been hired as city president for Rogers at Citizens Bank.

Modern Storage Draws $3.3M Transaction (Real Deals)

by George Waldon 5/29/2017 12:00 am

Modern Storage Maumelle Blvd LLC, led by Keith Richardson, purchased its namesake at 9100 Maumelle Blvd. The seller is JWL I Ltd., led by William Titus.

126 Units in Fayetteville Sell for $8 Million (NWA Real Deals)

by Marty Cook 5/29/2017 12:00 am

Patrick O'Reilly of Springfield bought the South Creekside Apartments, 126-unit complex four blocks from the University of Arkansas campus.

SBA's Edward Haddock Gives Big Reasons to Think Small

by Arkansas Business Staff 5/29/2017 12:00 am

As director of the Arkansas District Office of the U.S. Small Business Administration, Edward Haddock is responsible for all SBA programs and services as well as coordination among the SBA, the district's Small Business Development Centers, SCORE chapters and the Women's Business Center throughout the state.

Simmons First Names Susan Lanigan New Board Member

by Arkansas Business Staff 5/26/2017 10:24 am

Simmons First National Corp. on Friday named Susan S. Lanigan of Nashville, Tennessee, to its board of directors.

Simmons First Increases Quarterly Dividend by 4.2 Percent

by Arkansas Business Staff 5/25/2017 03:18 pm

The Simmons First National Corp. board of directors declared a regular $0.25 per share quarterly cash dividend payable July 3, to shareholders of record June 15.

Bank of the Ozarks Announces Sale of 6.6M Shares

by Arkansas Business Staff 5/25/2017 12:37 pm

Bank of the Ozarks Inc. on Wednesday announced that it will sell 6.6 million shares of common stock in a public offering and expects gross proceeds from the sale to be $302.3 million before underwriting discounts and offering expenses.

Stephens Inc. Launches Film Series On Heroes of Capitalism

by Kyle Massey 5/22/2017 04:47 pm

Stephens Inc. announced Monday that it has launched a multimedia series called “This Is Capitalism,” featuring short films on some of the heroes of capitalism in the United States, including Warren Stephens' father, Jackson T. Stephens.

Arkansas Blue Cross & Blue Shield Tops Big Private Companies List

by Gwen Moritz 5/22/2017 12:00 am

Arkansas Blue Cross & Blue Shield of Little Rock, with revenue doubling in the past five years to nearly $2.5 billion, has taken the top spot on Arkansas Business' annual list of the state's largest private companies.

Reduction in Bear State Force Visible in Call Report

by Arkansas Business Staff 5/22/2017 12:00 am

Bear State Bank declined to comment when asked about some 45 employees that may have been laid off.

FBT Bank & Mortgage Adds Craig Attwood (Movers & Shakers)

by Arkansas Business Staff 5/22/2017 12:00 am

Craig Attwood has joined FBT Bank & Mortgage as executive vice president and director of banking for Jefferson County.

Update: Heartland, Onebanc End 1Q in the Red

by George Waldon 5/22/2017 12:00 am

Two Little Rock lenders continue to battle through losses in search of a return to sustained profitability: Heartland Bank and One Bank & Trust.

Crowne Plaza Hosts $13.5M Transaction (Real Deals)

by George Waldon 5/22/2017 12:00 am

Crowne Plaza Little Rock LLC, led by Wally Allen, sold the 244-room hotel at 201 S. Shackleford Road.

Asa Hutchinson: Arkansas Leads Nation in Foreign Direct Investment

by Todd Traub 5/20/2017 12:24 pm

Gov. Asa Hutchinson, speaking at the Arkansas Delta Conference, said Arkansas leads the nation in foreign direct investment.

Simmons First Completes Purchase of Tennessee Bank

by Lance Turner 5/15/2017 03:07 pm

Simmons First National Corp. of Pine Bluff completes its acquisition of Hardeman County Investment Co. Inc. of Jackson, Tennessee.

Conway Ranch Owners Accused of Default in Lawsuit

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

Legal tussling over a ranch-and-restaurant complex that led to foreclosure proceedings against Joanie White-Wagoner continues in Conway.

Search