Banking & Finance Archive

Dispute Between Trucking Exec, IRS Expanding to Include Other Claimants

by Arkansas Business Staff 5/20/2013 12:00 am

The showdown between Ralph Bradbury and the Internal Revenue Service, which first began in November 2011, has grown to include counterclaims and another defendant.

Arkansas' Largest Private Companies Through the Years

by Arkansas Business Staff 5/20/2013 12:00 am

The largest Arkansas-based, Arkansas-owned private companies ranked by reported or estimated revenue (in millions) for fiscal year listed.

Troy Duke, L.R. Gardner Plan to Buy Bank of Rison

by Gwen Moritz 5/17/2013 11:38 am

Sigma Holdings Inc. of Little Rock, a newly formed investment company led by veteran Little Rock banker Troy Duke and Garland County businessman Lewis Ray "LR" Gardner, announce a deal to buy the Bank of Rison.

Davy Carter Named EVP for Home BancShares

by George Waldon 5/17/2013 09:33 am

Carter, who is serving his third term in the state legislature, formerly served as division president for Centennial Bank in Cabot, where he remains a member of the local bank board.

Contrary Wisdom on Meetings (Barry Goldberg On Leadership)

by Barry Goldberg 5/13/2013 12:00 am

Barry Goldberg offers seven tips on getting the most out of your business meetings.

Stephen Tipton Named SVP at Centennial Bank (Movers & Shakers)

by Arkansas Business Staff 5/13/2013 12:00 am

Stephen Tipton has been promoted to senior vice president and credit risk management director of Centennial Bank and its parent company, Home BancShares Inc., in Conway. Tipton, a University of Arkansas business graduate, has worked for Centennial for seven years and has experience in retail, business development and lending.

Colorado Investors Broe Group Foreclose on Holcombe Heights

by Arkansas Business Staff 5/13/2013 12:00 am

The Broe Group of Denver recently foreclosed on one of the loans, secured by the 125-unit Holcombe Heights Apartments at 2100 Rebsamen Park Road.

It's Not What You Know, It's Who Knows You (Gwen Moritz Editor's Note)

by Gwen Moritz 5/13/2013 12:00 am

Hard work, education and a can-do spirit are still requirements for good employment, but some big feet to stick through that door help too.

Property Owners Association Seeks Over $20K from Clary Couple

by Arkansas Business Staff 5/13/2013 12:00 am

The Hickory Hills Property Owners Association filed a foreclosure suit against Steve and Cindy Clary seeking to recover $20,544 the Clarys allegedly owe in past-due quarterly POA payments, dating back two years.

Banks Ask Fed to Watch Wal-Mart's Financial Services More Closely

by Lance Turner 5/8/2013 08:33 am

Bloomberg reports that bankers have asked the Federal Reserve to increase its oversight of financial services offered by the world's largest retailer, Wal-Mart Stores Inc. of Bentonville.

Steven Wade, C. Adam Mitchell Promoted at Simmons First

by George Waldon 5/6/2013 11:09 am

Two executives at Simmons First National Bank of Pine Bluff were promoted at the $2 billion-asset lender.

Crowdfunding Eases Cash Crunch for Arkansas Startups

by Jan Cottingham 5/6/2013 12:00 am

A profound shift in how capital is raised means anyone can become a venture capitalist and anyone can solicit funds to support startup dreams.

Price Stalls Deal on Ownership Change at Delta Trust

by George Waldon 5/6/2013 12:00 am

Official comment remains elusive, but insiders report that negotiations over an ownership shift at Delta Trust Banking Corp. have stalled over the usual issue: The parties couldn't agree on a price.

Incoming CEO George Makris Jr. Plans to Tap Simmons First's Big, New Markets

by Gwen Moritz 5/6/2013 12:00 am

George Makris Jr., who has spent his career in his family's Anheuser-Busch beer distributorship, is now CEO-elect of Simmons First National Corp. of Pine Bluff.

Simmons First National, CEO Stay Put in Pine Bluff

by Gwen Moritz 5/6/2013 12:00 am

George Makris Jr. is a product of Pine Bluff, leaving his hometown only for college (a bachelor's in business administration from Rhodes College at Memphis in 1978 and an MBA from the University of Arkansas in 1980) and for a four-year stint in Little Rock so that the youngest of his three sons could play tennis for Little Rock Central High.

Churches Introduce Electronic Tithing

by Chris Bahn 5/6/2013 12:00 am

While the act of tithing might be centuries old, churches are doing what they can to provide parishioners with 21st century giving options. The use of cash and checks continues to decline in most areas of day-to-day life. E-commerce sales topped $1 trillion globally in 2012, so churches — institutions that have relied for years on cash and check donations — are finding it critical to adapt to changing consumer habits.

Arkansas Bank Assets Grow by 4.75 Percent

by Gwen Moritz 5/6/2013 12:00 am

Assets held by banks headquartered in Arkansas grew by 4.75 percent to $61.3 billion during 2012 even as the number of individual charters remained almost stable.

BancorpSouth Offers Early Retirements

by Arkansas Business Staff 5/6/2013 12:00 am

BancorpSouth Inc. has extended a voluntary early retirement offer to its staffers over the age of 60 with 10 years consecutive service with the lender.

Bank Reporter War Stories (Gwen Moritz Editor's Note)

by Gwen Moritz 5/6/2013 12:00 am

In journalism, you have to train yourself to take no quarter when reporting on the newsmakers. However, you may need some quarters for the weekend laundry.

Get Tickets to See Dale Dawson at Arkansas Business 40 Under 40 Event

by Arkansas Business Staff 4/29/2013 11:31 am

Dale Dawson, an investment banker and entrepreneur who founded Bridge2Rwanda, will be the keynote speaker at this year's Arkansas Business 40 Under 40 luncheon June 14 at the Marriott Hotel in downtown Little Rock.