Tagged: allied bank

Allied Bank Assets Undervalued — or Not

by George Waldon 4/13/2015 12:00 am

Among the Allied Bank assets discussed during Acme Holding’s recent bankruptcy hearing were energy stocks valued at $3.8 million in a 2012-13 appraisal.

Bankruptcy Judge Considers Allied Bank Auction

by George Waldon 4/13/2015 12:00 am

The continued ownership of Allied Bank by the Lex Golden family is under judicial review after a recent two-day bankruptcy hearing in Fayetteville. U.S. Bankruptcy Judge Ben Barry will decide in the coming weeks whether Acme Holding Co. should be liquidated, resulting in the sale of Allied, the $111 million-asset bank chartered in Crawford County.

FDIC Sues Members of Acme's Golden Family over Unpaid Loans

by Arkansas Business Staff 9/29/2014 12:00 am

The president of Allied Bank’s Acme Holding Co. and his sister are the subjects of federal lawsuits. The Federal Deposit Insurance Corp. sued Alex Golden and Amy Golden McCay in U.S. District Court in Atlanta over delinquent loans totaling more than $1 million.

Acme Creditors Oppose 3-Branch Sale, Say Allied Assets Should Be Separate

by George Waldon 6/9/2014 12:00 am

A proposed $2 million sale of three of Allied Bank’s six branches to an unidentified buyer has drawn opposition from the largest secured creditors of its parent company, Acme Holding Co. of Little Rock.

Allied Bank Sues for Roof Damage Check Tied to Foreclosed Property

by Arkansas Business Staff 6/2/2014 12:00 am

Allied is trying to recover $46,781 deposited from an insurance check that was issued to Adron and Gwen Gilbert and Allied Bank.

Little Rock Bank Branch Resale Closes at $1.1 Million (Real Deals)

by George Waldon 10/29/2012 12:00 am

A bank branch in downtown Little Rock repurchased in a $1.1 million transaction and a 7.3-acre piece of west Little Rock sold for $612,000 highlight this week's transactions.

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