Banking & Finance Archive

Arkansas Business Presents The Power List 2016

by Gwen Moritz 3/21/2016 12:00 am

The total number on our list this time is 179, but our goal has never been a particular number. Our goal is to give readers a resource to help navigate the leadership of the largest companies or institutions in the individual industries. And some industries have broader bases than others.

Proxy Shows Compensation Boost for George Makris in 2015

by George Waldon 3/17/2016 10:49 am

The annual compensation of the top executive at Simmons First National Corp. of Pine Bluff doubled last year, according to the company's proxy statement, filed Monday.

Foreclosures Filed on Two More John Rogers Properties

by Arkansas Business Staff 3/14/2016 12:00 am

A new creditor recently became a late entry in the financial freefall of alleged serial fraudster John Rogers.

Villa Marre Owner Files for Bankruptcy

by Arkansas Business Staff 3/14/2016 12:00 am

RWL Investments LLC of Little Rock filed for the bankruptcy protection nine days after Centennial Bank of Conway filed a foreclosure lawsuit against it for defaulting on eight loans totaling $2.6 million.

Downtown Little Rock Attracts More Hoteliers

by George Waldon 3/14/2016 12:00 am

Downtown Little Rock has drawn the attention of three hotel developers who have invested more than $7.3 million to secure locations.

New Owners Leave Lindsey's Resort in Familiar Hands

by Alexis Hosticka 3/14/2016 12:00 am

Lindsey's Resort has a fresh start after foreclosure last March completely shut down the quaint attraction on the Little Red River at Heber Springs, just as the resort was marking its 50th anniversary.

Arkansas Surgical Hospital Registers $56.6 Million Sale (Real Deals)

by George Waldon 3/14/2016 12:00 am

Broadstone Ash Arkansas LLC, an affiliate of Broadstone Real Estate of Rochester, New York, bought the Arkansas Surgical Hospital at 5201 Northshore Drive.

Bryant Yields Second Home for Merchants & Farmers Bank

by George Waldon 3/14/2016 12:00 am

A southeast Arkansas lender has made a second home in Saline County. Merchants & Farmers Bank of Dumas (Desha County) is converting its loan production office in Bryant into a full-service branch.

IberiaBank Expected To Cut Nine Arkansas Branches by March 31

by George Waldon 3/14/2016 12:00 am

The restructuring of IberiaBank's multistate branch network, in motion since 2012, is visiting Arkansas this quarter. Nine branches will be closed by the end of March.

Allied, Pinnacle, Heartland Score Texas Ratios Over 100

by George Waldon 3/14/2016 12:00 am

Two Arkansas banks generated Texas Ratios above 100 at year-end 2014. Twelve months later, the number grew to three, with Heartland Bank of Bryant (112.28) joining Pinnacle Bank of Rogers (139.3) and Allied Bank of Mulberry (183).

Let the Sun Shine (Editorial)

by Arkansas Business Editors 3/14/2016 12:00 am

Arkansans have had the legal right to know more about what all levels of our government are saying and doing for longer than most other Americans, but legislators do keep chipping away at the Arkansas Freedom of Information Act — and refusing to adopt technology that could improve its service to taxpayers.

Tammy Tompkins New Mortgage Manager at First Arkansas Bank & Trust (Movers & Shakers)

by Arkansas Business Staff 3/14/2016 12:00 am

Tammy Tompkins has been hired as manager of the mortgage department of First Arkansas Bank & Trust of Jacksonville. A graduate of the University of Arkansas at Little Rock, Tompkins worked in commercial property management in New Orleans and Dallas. After moving back to Arkansas in 2003, she has worked in real estate sales, construction and development.

Stone Bank Adds Steve Ragland to Little Rock Office (Movers & Shakers)

by Arkansas Business Staff 3/14/2016 12:00 am

Steve Ragland has joined Stone Bank, the Mountain View bank formerly called Ozark Heritage Bank, as chief financial officer. He lives in Little Rock, where Stone Bank maintains loan production and management offices.

Stock Awards Help Boost Pay for 2 at Home BancShares

by Lance Turner 3/10/2016 11:17 am

An increase in stock awards helped boost total compensation for a pair of executives at Home BancShares Inc. of Conway, according to the firm's annual proxy statement filed March 4.

UA Names Timothy O'Donnell New Finance Chief

by Arkansas Business Staff 3/8/2016 10:25 am

The University of Arkansas has named Timothy J. O'Donnell its new vice chancellor for finance and administration.

Two MedExpress Properties Sell for Combined $4.4 Million

by Arkansas Business Staff 3/7/2016 12:00 am

A pair of MedExpress projects, a medical office building in Sherwood, a Little Rock home and a restaurant site in west Little Rock form this week's five-piece of million-dollar transactions.

Albert Solaroli Restitution in One Bank Case Fails to Appear

by Arkansas Business Staff 3/7/2016 12:00 am

A $120,000 restitution payment from Alberto Solaroli as part of his plea deal still hadn't been paid by Wednesday, and First Assistant U.S. Attorney Pat Harris was not amused.

'When You Steal $1.5 Million …' (Gwen Moritz Editor's Note)

by Gwen Moritz 3/7/2016 12:00 am

For the second straight week, I'm going to write about listening to the Chief U.S. District Judge deliver a well-reasoned message on fair play.

United Federal Credit Union Promotes Tia Shibley (Movers & Shakers)

by Arkansas Business Staff 3/7/2016 12:00 am

Tia Shibley has been promoted to manager of the United Federal Credit Union branch inside the Walmart Supercenter on Elm Springs Road in Springdale.

Barry Jackson Moves Into Executive Slot at Arkansas Bankers Association

by Arkansas Business Staff 3/7/2016 12:00 am

Barry Jackson has been hired to succeed Aaron Gamewell as senior vice president and chief operating officer of the Arkansas Bankers Association in Little Rock.