Banking & Finance Archive

Washington County Banks Host Big Rise in Deposits

by George Waldon 3/12/2018 12:00 am

During the past 10 years, banks have come and gone in the Washington County market, but the headcount of lenders and tally of branches has grown.

Surgery Center Performs $3.4 Million Transaction (Real Deals)

by George Waldon 3/12/2018 12:00 am

PTCOA Freeway ASC LLC, led by Drs. Meraj Siddiqui and Ronald Tilley, bought the 11,372-SF medical office-outpatient surgery center at 9 Freeway Drive.

Blair Parnell Promoted by BancorpSouth to Fort Smith Market President (Movers & Shakers)

by Arkansas Business Staff 3/12/2018 12:00 am

Blair Parnell has been promoted to Fort Smith president of the BancorpSouth bank of Tupelo, Mississippi. Parnell will handle all banking operations in Sebastian and Crawford counties.

Why Are Banks Shuttering Branches? (Julie Stackhouse Commentary)

by Julie Stackhouse 3/5/2018 12:00 am

It seems inevitable that this long-term trend in branch closings will continue as consumer preferences evolve and financial technology becomes further ingrained in credit and payment services.

Energy Security Partners CEO: Vision of Pine Bluff GTL Plant Alive

by Kyle Massey 3/5/2018 12:00 am

Roger Williams' vision to put a $3.7 billion gas-to-liquid fuel plant in Jefferson County has him arguing in two directions: convincing some people that the largest economic development project in state history can realistically happen, and explaining to others why it's not happening quicker.

Storage World Attracts $2.8M Transaction (Real Deals)

by George Waldon 3/5/2018 12:00 am

The 675-unit mini-storage project in west Little Rock was purchased by Modern SW LLC, led by Keith Richardson.

Matt Twyford Promoted to Senior Position at AEDC (Movers & Shakers)

by Arkansas Business Staff 3/5/2018 12:00 am

Matt Twyford has been named senior agency manager for community development at the Arkansas Economic Development Commission in Little Rock.

Arkansas Revenue Up, Above Forecast For February

by Arkansas Business Staff 3/2/2018 02:03 pm

Arkansas' February net available general revenue totaled $313.4 million, up 13.3 percent from the same month last year and 4.7 percent above forecast, according to a report Friday by the state Department of Finance and Administration.

Adam Mitchell Named President at Citizens Bank

by George Waldon 3/1/2018 06:55 am

Adam Mitchell of Simmons Bank joins Batesville's Citizens Bank as president and chief lending officer.

Pay Package for Allison Up 34 Percent in 2016

by George Waldon 2/28/2018 01:36 pm

Home BancShares Inc. Chairman Johnny Allison led the way for executive compensation at the $14.4 billion-asset banking concern during 2017.

Arvest Bank Names New Board Member

by Arkansas Business Staff 2/28/2018 01:09 pm

Arvest Bank says Cathy Tuggle has joined its central Arkansas board of directors.

Report: Lot Supply Shrinking in Northwest Arkansas

by Arkansas Business Staff 2/27/2018 11:27 am

In northwest Arkansas, the supply of available lots for residential construction is shrinking, and housing affordability could be a challenge soon, according to Arvest Bank's Skyline Report.

Simmons First Insurance Names Employee Benefits President

by Arkansas Business Staff 2/27/2018 09:11 am

Simmons First Insurance Services announced Tuesday that Christi Pittman has been named president of employee benefits.

Stephens Inc. Acquires Dallas Firm's Restructuring Business

by Arkansas Business Staff 2/26/2018 12:39 pm

Stephens Inc. of Little Rock announced Monday that it has acquired Dallas-based Blackhill Partners.

Fayetteville Building Sells for $1.7 Million (NWA Real Deals)

by Marty Cook 2/26/2018 12:00 am

Westwood Holdings LLC of Rogers, led by Dusty Graham, bought the Kelly Eason Building at 100 W. Center St.

Woods Joins FNBC; Paxson Appointed Admin at WRMC (NEA Movers & Shakers)

by Arkansas Business Staff 2/26/2018 12:00 am

Chuck Woods has been named controller at FNBC Bank in Ash Flat. Gary Paxson has been appointed administrator at White River Medical Center in Batesville.

Dan Blair Joins Regions Bank (Movers & Shakers)

by Arkansas Business Staff 2/26/2018 12:00 am

Dan Blair has been named wealth adviser for Regions Bank in Little Rock.

When the Going Gets Tough (Barry Goldberg On Leadership)

by Barry Goldberg 2/26/2018 12:00 am

Smart leaders understand that to deal with difficult times, the culture and attitude of their workforce must be critical to survival.

Blueprint For 2018? Architecture Firms See Busy Year

by Mark Friedman 2/26/2018 12:00 am

Spending on construction projects across the country could rise by 4 percent this year over 2017, which is welcome news for Arkansas architects and engineers.

Shoppes at Chenal Starts with $2.5M Buy (Real Deals)

by George Waldon 2/26/2018 12:00 am

A 34,734-SF retail project is in motion for the 5.04-acre site at the southeast corner of Chenal Parkway and Arkansas Systems Drive.