Banking & Finance Archive

Cameron Smith, Karen Fetzer Named Top Executives at Arkansas Business of the Year Awards

by Arkansas Business Staff 2/27/2015 05:14 am

Cameron Smith of Cameron Smith Associates of Rogers and Karen Fetzer of the Rotary Club of Little Rock won executive of the year awards at Thursday's 27th annual Arkansas Business of the Year Awards at the Statehouse Convention Center in Little Rock.

Meet the Finalists of the 27th Annual Arkansas Business of the Year Awards

by Arkansas Business Staff 2/26/2015 11:37 am

Since 1988, Arkansas Business has honored the state's top executives, small businesses and nonprofits with the annual Arkansas Business of the Year Awards. Readers make nominations and an independent panel of judges selects the winners.

Don Walker Named Regional Executive at Arvest Bank

by Arkansas Business Staff 2/23/2015 02:44 pm

Don Walker has been named regional executive of Arvest Bank, the company announced Monday. Walker has been Arvest's market president in Tulsa since 1998.

Merger Match Brings on Ken Clark as 'Chief Storyteller'

by Mark Carter 2/23/2015 10:17 am

Clark will consult with co-founders Bridget Farris and Alese Stroud and lead the development of strategic relationships for Merger Match's proprietary corporate acquisitions assessment tool.

Dennis Smiley Sr. Sued Over Loans Taken for Son's Business

by Arkansas Business Staff 2/23/2015 12:00 am

Community First Bank of Harrison sued Dennis Smiley Sr. last month claiming he owes nearly $250,000 for defaulted loans.

Investors Scoop Up Former Dollar Generals (NWA Real Deals)

by Arkansas Business Staff 2/23/2015 12:00 am

An investment group bought two former Dollar General buildings in northwest Arkansas for a total of $775,900. Raymond Merrill paid $1.9 million for University Village Center at 1545 W. 15th St. in Fayetteville. And Adam Yates, owner of Razorback Awning & Ironworks, bought the former home of Dennis Home Furnishings at 3525 S. School Ave. in Fayetteville.

Conway Hopes To Lure Business to New Airport at Cantrell Field

by Sean Beherec 2/23/2015 12:00 am

Nearly six months after the opening of the new Conway municipal airport, the facility is already buzzing with activity. The planners behind the project have also set their sights on the next steps to grow its role in the state and attract business.

Bear State Financial Merges 3 Bank Charters

by Arkansas Business Staff 2/18/2015 02:19 pm

Bear State Financial Inc. of Little Rock, the holding company for First Federal Bank, First National Bank and Heritage Bank, said it completed a merger of all three bank charters under one name, Bear State Bank.

Valuing John Rogers Assets an ‘Interesting' Exercise

by George Waldon 2/16/2015 12:00 am

A $59 million offer to buy the photo archives and sports memorabilia collected by John Rogers has proven as ethereal as the wondrous asset valuations the embattled businessman once proclaimed.

FDIC Gets Nearly $900K in Judgment Against Acme's Alex Golden

by Arkansas Business Staff 2/16/2015 12:00 am

The award in Atlanta U.S. District Court is divided between more than $780,000 owed on a delinquent loan and nearly $118,000 in attorney fees.

Sky's the Limit for Simmons First National Acquisitions

by Arkansas Business Staff 2/16/2015 12:00 am

On Jan. 15, the Pine Bluff bank holding company registered a Cessna 560XL with the Federal Aviation Administration.

Lakewood Manor Buy Checks In at $3.7M (Real Deals)

by George Waldon 2/16/2015 12:00 am

An 85-bed nursing home in North Little Rock tipped the scales at $3.7 million. A 42,500-SF mini-storage facility in southwest Little Rock weighed in at $2.35 million. And a 47,906-SF building in downtown Little Rock changed hands in a $1.6 million deal.

Banks Eyeing EMV, But Adoption Slow

by Sean Beherec 2/16/2015 12:00 am

The race to get American consumers to use debit and credit cards equipped with EMV chips has been more of a sluggish walk than a run in recent years.

Greater Little Rock Home Builders Pick Nathan Cooper as President (Movers & Shakers)

by Arkansas Business Staff 2/16/2015 12:00 am

Nathan Cooper of River Valley Builders has been named 2015 president of the Home Builders Association of Greater Little Rock. Cooper has been a member of the Home Builders Association since 2009 and has served on the board of directors. Justin Keener of Billy Hartness Construction will be vice president, and Tony Dillon of The Dillon Group will be secretary/treasurer.

Simmons First Gets Approval for 2 Acquisitions

by Gwen Moritz 2/12/2015 04:00 pm

The Federal Reserve has approved two previously announced acquisitions by Simmons First National Corp., the publicly traded bank holding company revealed in a filing with the Securities & Exchange Commission on Thursday.

Edmond Waters Named Commissioner of the Arkansas Securities Department

by Arkansas Business Staff 2/10/2015 04:04 pm

Gov. Asa Hutchinson names Edmond Waters as commissioner of the Arkansas Securities Department. He also appointed leaders for the Arkansas Department of Environmental Quality and the Arkansas Department of Veterans Affairs.

University of Arkansas Touts $1.2B Economic Impact in 2014

by Arkansas Business Staff 2/10/2015 10:56 am

The University of Arkansas released a report Tuesday that says the university has an economic impact on "state and local economies" of $1.2 billion, up 66 percent from the previous year.

Steven Plaisance Named CEO at Arvest Mortgage Co., Central Mortgage Co.

by Arkansas Business Staff 2/9/2015 11:28 am

Steven Plaisance of Tulsa has been named CEO for Arvest Mortgage Co. and Central Mortgage Co., a wholly owned subsidiary of Arvest Bank, the company announced Monday.

Michael Hocutt Selected To Head General Contractors Association (Movers & Shakers)

by Arkansas Business Staff 2/9/2015 12:00 am

Michael Hocutt, president of Clark Power Corp. of Little Rock, has been chosen to lead the Associated General Contractors of Arkansas as 2015 president. Hocutt represents the utility division and has 37 years of industry experience.

Bank of Rison Sees Assets Rising

by Arkansas Business Staff 2/9/2015 12:00 am

The Bank of Rison is no longer the smallest bank in Arkansas, and CEO Troy Duke is celebrating with two major developments: a new headquarters building on Main Street and the bank's first branch.

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