Banking & Finance Archive

Home BancShares Nabs Florida's Stonegate Bank in $778.4M Deal

by Arkansas Business Staff 3/27/2017 03:10 pm

Home BancShares Inc. of Conway, the parent company of Centennial Bank, said Monday that it will acquire Stonegate Bank of Pompano Beach, Florida.

Conway Booms, Setting Retail Records

by Sarah Campbell 3/27/2017 12:00 am

Commercial development is thriving in Conway, evidenced by the nearly complete $65 million Lewis Crossing shopping center and plans for a startup space the city hopes will attract new and existing companies.

Roles Shift in Golden Bankruptcy

by Arkansas Business Staff 3/27/2017 12:00 am

The early stages of the Chapter 7 bankruptcy of Lex and Ellen Golden have had a revolving door quality.

Zombies Beware: Pine Bluff Is Rising

by Kyle Massey 3/27/2017 12:00 am

A growing army of developers and investors are on a mission of revitalization for the city of Pine Bluff.

Majestic Fire Prompts Splash of Hot Springs Development

by Mark Friedman 3/27/2017 12:00 am

The fire that destroyed the historic Majestic Hotel in Hot Springs three years ago helped prompt a wave of development in the downtown district.

Southern Bancorp Plans To Raise $20M

by George Waldon 3/27/2017 12:00 am

The ownership of Southern Bancorp Inc. recently underwent change to simplify its stock structure and create a more market-friendly organization.

First Security Bank Muscles Into Russellville

by George Waldon 3/27/2017 12:00 am

Two Arkansas banks have added to their inventory of brick-and-mortar locations during the first quarter and two more have new branches in the works.

SPONSORED: Smart Uses for Your Tax Refund

by 3/23/2017 10:28 am

Avoid splurging in favor of long-lasting benefits based on your financial situation.

The Influencers: Darrin Williams of Southern Bancorp

by George Waldon 3/20/2017 12:00 am

As CEO of Southern Bancorp, Williams, 48, oversees blending the two worlds of a for-profit lender and a nonprofit community development financial institution.

Arkansas Unemployment Rate Through the Years

by Arkansas Business Staff 3/20/2017 12:00 am

The Federal Reserve Bank of St. Louis, which researches a number of economic issues, is the source for the accompanying chart, which tracks Arkansas' unemployment rate from Jan. 1, 1976, through Dec. 1, 2016, when it stood at 3.9 percent.

Arkansas Business Presents The Influencers

by Arkansas Business Staff 3/20/2017 12:00 am

Meet five leaders in business and education who are influencing their industries, their communities and the future of Arkansas.

Stop Payday Lending – Again (Editorial)

by Arkansas Business Editors 3/20/2017 12:00 am

Arkansans have repeatedly affirmed at the ballot box that they oppose predatory lending, but two state legislators are trying to make it easier for predatory lenders to operate.

Memory Care Facility Visited by $14M Sale (Real Deals)

by George Waldon 3/20/2017 12:00 am

The 74-bed assisted living center in west Little Rock was bought by an affiliate of Mainstreet Health Investments of Carmel, Indiana.

Governor Appoints Arkansas CEOs to Study State's Computer, Data Sector

by Arkansas Business Staff 3/17/2017 10:19 am

Gov. Asa Hutchinson forms a blue ribbon commission to study how to grow the state's computer science and data analytics sector. The 19-member commission is co-chaired by Acxiom Corp. founder Charles Morgan and Arkansas Economic Development Commission Executive Director Mike Preston.

Venture Center, Bear State Bank Partner on FinTech Accelerator

by Arkansas Business Staff 3/16/2017 04:26 pm

The Venture Center of Little Rock on Thursday announced its partnership with Bear State Bank for the 2017 VC FinTech Accelerator, which is sponsored by global technology services provider FIS and held at the Little Rock Technology Park.

Most Simmons First Executives See Pay Drop in 2016

by George Waldon 3/15/2017 08:28 am

George Makris Jr., 60, chairman and CEO of Simmons First National Corp., received total compensation of more than $2.4 million during 2016 — almost 22.4 percent lower than 2015.

Nominate by Friday for Arkansas Business 40 Under 40

by Arkansas Business Staff 3/14/2017 11:14 am

Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving their mark on the Arkansas business and nonprofit community.

Bank of the Ozarks CEO's Pay Up 5 Percent in 2016

by George Waldon 3/13/2017 11:00 am

George Gleason, 63, chairman and chief executive officer of Little Rock's Bank of the Ozarks Inc., received total compensation of $6.2 million during 2016.

Kathy Deck To Leave Arkansas for Alabama-Tuscaloosa

by Arkansas Business Staff 3/13/2017 12:00 am

Economist Kathy Deck is leaving the University of Arkansas at Fayetteville to become the director of community and economic research partnerships at the University of Alabama at Tuscaloosa.

New Loan in the Works for K Lofts

by Arkansas Business Staff 3/13/2017 12:00 am

A new loan from an Alabama lender for the long dormant K Lofts development in downtown Little Rock was supposed to close last week.

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