https://www.ffbh.com/

Today's Stock Snapshot (FFBH)

  • 8.90 -0.09
  • Open:
  • High:
  • Low:
  • Vol:

First Federal Bancshares of Arkansas Inc.

The lineage of First Federal Bancshares of Arkansas Inc. stretches back to 1934, but the holding company for First Federal Bank, a savings thrift, regained prominence after a multimillion investment by a group led by former Alltel Corp. CEO Scott Ford.

Based in Harrison, First Federal was led for 30 years by Frank L. Coffman, who died in May 2001 after having been CEO since 1968. Under Coffman’s direction, the company went public in 1996.

Coffman’s son-in-law, Larry Brandt, succeed him as CEO in 2001. Brant had been with the company since 1973, becoming COO in 1984 and president and managing officer in 1987.

Like other banks during the credit crisis of the late 2000s, First Federal was exposed to underperforming loans that caused quarterly losses and put its business at risk.

In 2011, the company accepted a $46 million recapitalization by Bear State Financial Holdings LLC, representing a group of Arkansas businessmen including Ford, Aaron Clark of The Stephens Group; and Dabbs Cavin, who eventually became CEO when Brandt retired.

Related News

Community First Bancshares Exits TARP In the Black

The U.S. Treasury ended up with nearly $3.7 million more than it “loaned” to Community First Bancshares Inc. of Harrison. The $12.7 million that Uncle Sam invested in Community First was accomplished with preferred stock and warrants issued through the Capital Purchase Program. read more >

First Federal Bancshares Plans Stock Buyback

First Federal Bancshares of Arkansas Inc., the holding company for First Federal Bank of Harrison and prospective buyer of First National Bank of Hot Springs and Heritage Bank of Jonesboro, announces the buyback of up to $1 million worth of publicly traded stock. read more >

First Federal Bank Fined $3,000

First Federal Bank of Harrison has been fined $3,000 by its main regulator for failing to comply with insurance requirements on loans secured by property located in floodplains. read more >

First Federal Bancshares to Vote on Name Change, $20M Private Placement

Shareholders in First Federal Bancshares of Arkansas Inc. of Harrison will vote on a name change to Bear State Financial Inc. and a $20 million private placement, according to a filing Friday with U.S. Securities and Exchange Commission. read more >

Banner Year in Arkansas: The Top 10 Business Stories of 2013

Readers were kept on their toes in 2013: Bank companies blurred lines by merging, Democrats felt the hangover of the 2012 elections while the GOP continued dancing with the stars. Some developers got lucky with new business while others felt the pull of gravity in the courtroom after breaking bad. read more >

$129.1 Million Payout Awaits Hendrix Clan

The pending sale of First National Security Co. of Hot Springs will result in a $129.1 million payday for the family of John H. Hendrix. The cash-stock combo transaction with Harrison's First Federal Bancshares of Arkansas Inc. is valued at about $134.2 million. read more >

Arkansas Public Companies See Mixed Stock Results After Recession

Four years after the recession, a look at the stock performance of the 18 publicly traded companies headquartered in Arkansas shows mixed results. read more >

More Details Of First Federal Bancshares' Acquisition of First National Security

First Federal Bancshares of Arkansas Inc. of Harrison on Wednesday released additional details about the $129 million acquisition of First National Security Corp., announced on Monday. read more >

Chris Wewers, Incoming CEO, Gets 46 Percent Pay Boost at First Federal

The CEO in-waiting at Harrison's First Federal Bancshares of Arkansas Inc. recorded the biggest gain in total compensation among the company's four top executives. read more >

Christopher Wewers Elected CEO of First Federal Bancshares

First Federal Bancshares of Arkansas Inc. of Harrison says president and COO Christopher M. Wewers will be CEO of company and its bank, First Federal Bank, effective June 30. read more >

OCC Ends Cease & Desist Order Against First Federal Bank

First Federal Bank says the Office of the Comptroller of the Currency has ended the April 2010 cease and desist it held against the bank. CEO W. Dabbs Cavin calls the end of the order "a significant milestone and a major step forward for First Federal." read more >

Christopher Wewers Named President of First Federal Bancshares

First Federal Bancshares of Arkansas Inc. of Harrison makes Christopher M. Wewers president of the company and its wholly-owned subsidiary, First Federal Bank. read more >

3 of 4 Arkansas Bank Stocks Climb in Value During 2012

First Federal, Home BancShares and Bank of the Ozarks enjoy stock gains during 2012 while Simmons First declines 10 percent. read more >

Acxiom, First Federal Bancshares Lead Arkansas Stocks in 3Q

Shares of Acxiom Corp. of Little Rock and First Federal Bancshares of Arkansas of Harrison were the top performers among the state's publicly traded companies in the third quarter, according to stock prices at market close on Friday. read more >

First Federal Appoints Christopher Wewers to Board of Directors

First Federal Bancshares of Arkansas Inc. appoints Christopher M. Wewers as a member of its board of directors. read more >

First Federal, 5 Other Arkansas Stocks Rise in 2Q

First Federal Bancshares of Arkansas Inc. saw its stock price improve by almost 19 percent during the second quarter, once again leading Arkansas' publicly traded firms in quarterly stock performance. read more >

First Federal Leaders Look for Growth

New leadership at First Federal Bancshares of Arkansas Inc. intends to grow the operation while working through a backlog of inherited, troubled assets, shareholders were told at Tuesday's annual meeting. read more >

Regulatory Roster Grows For Consenting Lenders

Sale of Little Rock bank branch helps Allied Bank generate first quarter profit. read more >

CEO Profile: Dabbs Cavin of First Federal Bancshares of Arkansas Inc.

Dabbs Cavin holds the distinction of being the newest CEO among those heading public companies in Arkansas. read more >

Movers & Shakers (Oct. 31, 2011)

New hires, promotions and awards for the week of Oct. 31, 2011. read more >