Banking & Finance Archive

Heartland Bank's Walter Quinn Building Loan Settlement with Texas Bank

by Arkansas Business Staff 7/6/2015 12:00 am

Walter Quinn, a leading investor in Heartland Bank of Bryant, is working through some financial difficulties in Oklahoma.

St. John's Troubles Continue with Chapter 11

by Arkansas Business Staff 7/6/2015 12:00 am

In the bankruptcy filing, St. John's showed $8.5 million in debts and $3.03 million in assets.

Duo of Million-Dollar Properties Highlight Recent Pulaski County Sales

by Arkansas Business Staff 7/6/2015 12:00 am

A grand Little Rock home and a North Little Rock medical office provide our tandem of million-dollar transactions.

Consumer Suits Against Collection Firms Growing

by Mark Friedman 7/6/2015 12:00 am

A growing number of Arkansas consumers, with the encouragement of plaintiffs' lawyers, are suing debt collection firms alleging the way the debt was collected violated the Fair Debt Collection Practices Act.

Millennials Rising as Biggest Share of Workforce

by Arkansas Business Staff 7/6/2015 12:00 am

The millennial generation earlier this year passed Generation X to become the largest share of the U.S. workforce, the Pew Research Center says.

Snapshot: A Guide to John Rogers' Legal Problems

by George Waldon 7/6/2015 12:00 am

After federal agents came calling at his business and home on Jan. 28, 2014, John Rogers lost control of his chaotic financial world. The known claims against the photo archivist and sports memorabilia dealer total more than $45 million, not counting $49 million in requested punitive damages.

Bank Documents Illuminate John Rogers' Dealings

by George Waldon 7/6/2015 12:00 am

Bank of Little Rock's position among creditors battered by the financial wheeling and dealing of John Rogers is uncertain. But the $203 million-asset lender was first in line to accuse Rogers of fraud among the growing crowd of litigants pursuing him in Pulaski County Circuit Court.

Growing Participation Means Longer List of Largest Trade & Professional Unions

by Austin DuVall 7/6/2015 12:00 am

The Arkansas Business list of the state's largest trade and professional associations is back after a four-year hiatus, complete with 15 new entries because of greater participation.

Woodland Heights Sells In $13.9M Transaction (Real Deals)

by George Waldon 7/6/2015 12:00 am

A 142-unit independent living center in Little Rock tipped the scales at $13.9 million. A nearly 1,150-acre farm in southeast Pulaski County weighed in at $2.25 million. And a 3,708-SF residence-turned-business in Little Rock's Hillcrest area changed hands in a $525,000 deal.

Dean Jane Wayland on Keeping UALR's College of Business in the Mix

by Arkansas Business Staff 7/6/2015 12:00 am

Before being named dean, Jane Wayland was interim dean of the UALR College of Business for two years. She also has served as associate dean of graduate studies and chairwoman of the Marketing & Advertising Department. The College of Business Advising Center was established within a year of her appointment, and she initiated the Ambassador program to showcase top students.

Hutchinson Announces State Board Appointments

by Arkansas Business Staff 7/2/2015 09:29 am

Gov. Asa Hutchinson announced the latest round of appointments to state boards, panels and committees.

New Construction Boosts Conway on Business Index

by Mark Carter 6/30/2015 09:37 am

New home construction boosted Conway to near the top of the Arkansas Tech Business Index for April 2015.

Diane Gilleland on the 'Dramatic Change' of a Diverse Board of Directors

by Alexis Hosticka 6/30/2015 08:56 am

Diane Gilleland, an adjunct professor at UALR and an independent director for Navient Corp., talks to Arkansas Business about how the company worked to achieve more diversity on its board of directors.

Slideshow: 40 Under 40 Honorees Recognized At Luncheon

by Alexis Hosticka 6/29/2015 12:00 am

The 2015 class of Arkansas Business' 40 Under 40 were honored at a luncheon at the Embassy Suites in Little Rock on Wednesday. Each honoree gave a brief acceptance speech and answered questions such as, “What advice would you give your 20-year-old self?” and “What do you want your legacy to be 20 years from now?”

Acme Files New Suit Against Chambers in Branch Tussle

by Arkansas Business Staff 6/29/2015 12:00 am

Acme Holding Co., the parent company of the $107 million-asset Allied Bank of Mulberry, recently opened a new front in the ongoing financial dispute with its lead creditor.

Church Buys Adjacent Site For $405,000 (NWA Real Deals)

by Marty Cook 6/29/2015 12:00 am

St. Paul's Episcopal Church of Fayetteville bought the building that housed the law firm of Estes, Gramling & Estes at 19 Dickson St.

Denver Firm Pays $6M For Westgate Center (Real Deals)

by George Waldon 6/29/2015 12:00 am

The sale of a 53,000-SF retail center in Little Rock weighed in at $6 million. A 43,798-SF retail building is undergoing redevelopment as a warehouse after a $1.2 million deal. And a 12,175-SF office-warehouse project in the Riverdale area of Little Rock changed hands in a $714,000 sale.

Home Ownership in Arkansas (Scott McElmurry Commentary)

by Scott McElmurry 6/29/2015 12:00 am

For several generations, owning a home has represented the biggest investment most people make, and it's at the top of the list of items that define the “American Dream.” Conventional wisdom has held that homeownership is a critical facet to overall financial stability. A recent survey revealed that while most respondents thought that owning a home is a good investment, their perception of the investment as “safe” has changed.

Arvest Survey: Arkansans Making Major Household Purchases

by Alexis Hosticka 6/23/2015 10:25 am

Arkansas consumers have more student loans but are carefully paying bills and making large purchases, according to the third installment of the spring 2015 Arvest Consumer Sentiment Survey. The survey said that 24 percent of Arkansas respondents plan to make a major household purchase in the next six months.

Number of Women-Owned Arkansas Businesses Rises

by Alexis Hosticka 6/23/2015 09:59 am

The number of women-owned businesses in Arkansas has increased by 73 percent since 1997, according to the fifth annual State of Women-Owned Business Report.