Tagged: arkansas state bank department

Chambers Bank Lands $2 Million Golden Judgment

by George Waldon 7/25/2016 12:00 am

The latest ruling is one in a string of lawsuits spawned by the bankruptcy of Acme, the parent company of Allied Bank of Mulberry. Under the Golden family’s ownership and management, the bank has lost more than $14 million since 2010.

Generations Bank Promotes Two in Camden (Movers & Shakers)

by Arkansas Business Staff 7/18/2016 12:00 am

Jennifer Garcia and Dana Ferguson, loan officers at Generations Bank in Camden, have been promoted to vice president/mortgage loan officer and assistant vice president/loan officer.

Blocking And Tackling (Gwen Moritz Editor's Note)

by Gwen Moritz 6/13/2016 12:00 am

It's easy in hindsight to spot errors. I don’t know enough about auditing to know whether BKD’s auditors were incompetent. I do know from hard experience that errors often seem obvious in hindsight, and while they may be the result of lazy technique, some errors are virtually unavoidable.

Matt Hicks Hired at First National Bank of Northwest Arkansas (Movers & Shakers)

by Arkansas Business Staff 6/13/2016 12:00 am

Matt Hicks has joined First National Bank of Northwest Arkansas in Fayetteville. Hicks has accepted the position as vice president and commercial lender.

Scott Lambert Steps Up to Senior Examiner at State Bank Department (Movers & Shakers)

by Arkansas Business Staff 5/23/2016 12:00 am

Lambert, formerly a credit analyst at Farmers & Merchants Bank of Stuttgart, joined the bank department in 2013.

Despite Individual Victories, Progress Slow For Women in Arkansas Banking

by Gwen Moritz 5/9/2016 12:00 am

For women in Arkansas’ banking industry, every encouraging development seems to be matched by discouraging reality.

Bear State Latest Bank Going for State Charter

by George Waldon 4/11/2016 12:00 am

Bear State Bank of Little Rock, which now has a national bank charter despite its name, intends to convert to a state charter.

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.

Simmons Bank Drops National, Applies for State Charter

by Arkansas Business Staff 2/8/2016 12:00 am

Simmons First National Bank of Pine Bluff, the largest national bank chartered in Arkansas, filed a conversion application with the Arkansas State Bank Department.

State Bank Department Promotes Andrew McCormick

by Arkansas Business Staff 1/18/2016 12:00 am

Andrew McCormick has been promoted to bank junior examiner by the Arkansas State Bank Department.

National Charter Conversions to State a One-Way Street

by Gwen Moritz 1/18/2016 12:00 am

Most regulated industries don’t get to choose who regulates them, but, to a limited degree, banks do. And while the door can swing both ways, in reality the traffic has flowed in one direction: converting from national charters to state charters.

Arkansas State Bank Department Adds Five Commercial Examiners (Movers & Shakers)

by Arkansas Business Staff 12/7/2015 12:00 am

Chris Davis, Nathan Elliott, Jim Homan, Lance Nutt and Scott Smith have been promoted to certified bank senior examiner by the Arkansas State Bank Department.

Tracey Dennis To Work in Wealth Management at Relyance (Movers & Shakers)

by Arkansas Business Staff 11/16/2015 12:00 am

Tracey M. Dennis has joined Relyance Bank of Pine Bluff as assistant vice president and trust officer in the wealth management and investment division.

Community Banks Feel Regulatory Pinch

by Marty Cook 7/27/2015 12:00 am

The Dodd-Frank Act celebrated its fifth anniversary last week, but it’s probably safe to assume many community bankers in Arkansas didn’t feel like partying.

Bank of Rison Seeks Rebranding to Gateway Bank

by Arkansas Business Staff 5/4/2015 12:00 am

The Bank of Rison is the second-smallest bank in the state, but its owners — CEO Troy Duke and Hot Springs businessman LR Gardner — have aspirations.

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.

Citizens Bank Nabs Hot Springs Southern Bancorp Staffers

by Arkansas Business Staff 12/8/2014 12:00 am

There’s been another mass migration from one bank to another, and this one is messier than usual. The Citizens Bank of Batesville has hired 10 lenders and support staff away from Southern Bancorp Bank in Hot Springs.

Candace Franks Retained by Asa Hutchinson as Arkansas State Bank Department Commissioner

by Arkansas Business Staff 12/4/2014 2:26 pm

Gov.-elect Asa Hutchinson will retain Candace Franks as commissioner of the Arkansas State Bank Department.

Arkansas State Bank Department Makes New Hire, Announces Promotions

by Arkansas Business Staff 5/12/2014 12:00 am

The Arkansas State Bank Department has promoted Bob Henry to bank certified examinations manager.

Updated: Winner, Loser in Simmons Charters Consolidation

by Arkansas Business Staff 3/10/2014 12:00 am

Last week’s news that Simmons First National Corp. will be collapsing its six smaller charters into its flagship Pine Bluff bank was surprising only in that it took so long.