Banking & Finance Archive

Kansas City Group Pays $30M for Stoneleigh Centerton, Stadium Apartments (NWA Real Deals)

by Marty Cook 12/21/2015 12:00 am

A real estate firm in Kansas City, Missouri, paid nearly $30 million for two apartment complexes in northwest Arkansas.

Good People Of Business (Editorial)

by Arkansas Business Editors 12/21/2015 12:00 am

Arkansas Business readers are, for the most part, good men and women of business — as was Charles Dickens himself. May this time of the rolling year be a comfort to you, and may we all remember the business poor Marley forgot: charity, mercy, forbearance and benevolence.

Asa Hutchinson on Economic Qualities That Make Arkansas an 'Easy Sell'

by Arkansas Business Staff 12/21/2015 12:00 am

Republican Gov. Asa Hutchinson talks to Arkansas Business about Sun Paper, how he sells Arkansas, what he's looking for in a new state Department of Human Services director and much more.

Bob King Named Community Bank President at Bank of Fayetteville

by Arkansas Business Staff 12/18/2015 09:12 am

Farmers & Merchants Bank of Stuttgart on Friday named Bob King its community bank president for The Bank of Fayetteville, which Farmers purchased in November.

FIS to Bring FinTech Accelerator to Little Rock

by Mark Carter 12/17/2015 01:48 pm

FIS will sponsor a startup accelerator in Little Rock devoted to financial technology, CEO Gary Norcross announced Thursday during the 150th annual meeting of the Little Rock Regional Chamber of Commerce.

Bill Dillard III to Moderate UA Business Forecast Luncheon

by Arkansas Business Staff 12/15/2015 09:29 am

Regional, national and international experts will discuss the economic outlook for Arkansas, the nation and the world at the 22nd annual Business Forecast luncheon.

Arvest Survey: Low Gas Prices Help Arkansans Increase Savings

by Arkansas Business Staff 12/15/2015 09:00 am

Arkansas consumers increased their savings rates between March and September thanks to lower gas prices, and they expect to take on more auto loans and credit card debt in the next six months.

Judge Dismisses 4-Count Indictment Against Tom Whitehead

by Gwen Moritz 12/14/2015 11:17 am

The four-count criminal indictment against former One Bank & Trust executive Tom Whitehead was dismissed Thursday by U.S. District Judge Kristine G. Baker at the request of federal prosecutors.

List of Top Stockholders in Arkansas Sees Retailers' Stock Fortunes Plummet

by Gwen Moritz 12/14/2015 12:00 am

The Waltons are in no danger of losing the top spot on Arkansas Business' annual list of the state's top stockholders, with $99 billion in just those stock holdings that they are required to disclose publicly under U.S. Securities & Exchange Commission regulations.

BancorpSouth Adds Jeff Cude to Fayetteville Office (Movers & Shakers)

by Arkansas Business Staff 12/14/2015 12:00 am

Jeff Cude has joined BancorpSouth Bank as a senior vice president and senior lender in the Fayetteville branch.

United Bank Names Paige Mulhollan CFO

by Arkansas Business Staff 12/10/2015 04:03 pm

United Bank of Springdale named Paige Mulhollan as chief financial officer and senior vice president.

Bank of the Ozarks to Sell 2M Company Shares

by Arkansas Business Staff 12/8/2015 03:02 pm

Bank of the Ozarks Inc. of Little Rock said Tuesday that it will sell more than 2 million shares of common stock at a price of $52.42 per share — about $110 million.

$4.9 Million Judgment Filed Against Walter Quinn

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

Prosperity Bank of El Campo, Texas, filed a $4.9 million consent judgment against Quinn, a leading investor in Heartland Bank of Bryant.

Self-Employed Predominate in Agriculture, Construction

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

Self-employed Americans and those whom they hired accounted for 44 million jobs in 2014, according to the Pew Research Center.

Wal-Mart's Greg Foran No. 1 In Exec Pay At $19.5M

by Gwen Moritz 12/7/2015 12:00 am

Foran received stock awards in April 2014 for his performance as CEO of Walmart Asia and then more stock as part of a three-year performance incentive program when he was named in August 2014 to succeed Bill Simon as CEO of Walmart stores in the United States.

Show-Me State Hoosier Mark McFatridge Leads Bear State Financial

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

When Bear State Financial made its first out-of-state acquisition of Metropolitan National Bank of Springfield, Missouri, it didn't find just a merger partner in Mark McFatridge, president and CEO of Metropolitan. It found a new leader for its management team.

Citizens Purchase of Parkway Set to Close At 1.41x Book

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

The sale of Parkway Bankshares Inc. of Portland (Ashley County) to Citizens Bancshares of Batesville Inc. will close at $21.8 million.

First National Bank of McGehee Makes Plans to Act Naturally

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

First National Bank of McGehee is seeking regulatory approval to change its name to First NaturalState Bank.

Arkansas State Bank Department Adds Five Commercial Examiners (Movers & Shakers)

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

Chris Davis, Nathan Elliott, Jim Homan, Lance Nutt and Scott Smith have been promoted to certified bank senior examiner by the Arkansas State Bank Department.

Aaron Gamewell Leaving Arkansas Bankers Association

by Arkansas Business Staff 11/30/2015 12:00 am

Aaron Gamewell, executive vice president and chief operating officer for the Arkansas Bankers Association for the past three and a half years, gave notice last week.