Tagged: centennial bank

Home BancShares 4Q Net Income Up 25 Percent

by Alexis Hosticka 1/21/2016 9:30 am

Home BancShares Inc. of Conway on Thursday announced fourth-quarter net income of $37.4 million, up 25 percent from the same quarter last year and its 19th straight quarter of record profit.

Big Arkansas Banks Gear Up For $10B Threshold

by George Waldon 1/18/2016 12:00 am

Not long ago, crossing the $10 billion-asset threshold for a bank was merely a big round-number achievement. Now, however, banks surpassing $10 billion in assets face additional costs, fee restrictions and new layers of regulatory oversight.

Centennial Bank Acquires Former John Rogers Properties in Auction

by Arkansas Business Staff 1/11/2016 12:00 am

Centennial Bank of Conway recovered four North Little Rock properties formerly owned by alleged fraudster John Rogers and his ex-wife, Angelica.

Marty Sellars Assumes CEO Role at FNBC Bank (Movers & Shakers)

by Arkansas Business Staff 1/11/2016 12:00 am

Marty Sellars was promoted to CEO and president of FNBC Bank of Ash Flat effective Jan. 1, succeeding Martin Carpenter, who retired after 30 years as CEO..

Centennial Bank Submits Plans for Midtown Branch in NYC

by Arkansas Business Staff 12/21/2015 12:00 am

Centennial Bank's plans for a commercial loan operation housed in New York are continuing to develop.

First Security Bank First in Faulkner County

by Arkansas Business Staff 10/26/2015 12:00 am

First Security Bank, the Searcy bank owned by Reynie Rutledge, overtook publicly traded Centennial Bank in Faulkner County — Centennial’s home county.

Arkansas Bankers Engage in Efficiency Contest

by George Waldon 10/26/2015 12:00 am

The sub-40 percent efficiency ratio, which has grown in profile in the post-2008 finance world, reflects how many pennies it costs a company to make a buck. The average efficiency ratio among all Arkansas banks through the first half of 2015 is about 70 percent.

Johnny Allison Not Shy About Tooting His Own Horn

by George Waldon 10/26/2015 12:00 am

Johnny Allison considered the first-time quarterly posting of a sub-40 percent efficiency ratio at Home BancShares Inc. worthy of some celebratory skylarking and corporate levity.

Home BancShares 3Q Profit Up 31 Percent to $36M

by Lance Turner 10/15/2015 7:10 am

Home BancShares Inc. of Conway on Thursday reported third-quarter profit of $35.7 million, up 30.6 percent from the same quarter last year.

AFCU Withdrawn from Tech Park Package

by Arkansas Business Staff 8/31/2015 12:00 am

Arkansas Federal Credit Union was uninvited from participating in the consortium of lenders providing a $17.5 million financing package for the Little Rock Tech Park at the request of the Arkansas Bankers Association.

Home BancShares Names Stephen Tipton New COO

by Arkansas Business Staff 8/18/2015 9:23 am

Stephen Tipton has been named the new Chief Operating Officer for Home BancShares and Centennial Bank.

Bald Knob Landlord Goes Bankrupt, Owes $4.6 Million

by Arkansas Business Staff 7/20/2015 12:00 am

A property manager who owns several projects in White and Jackson counties has filed for Chapter 11 bankruptcy reorganization.

Home BancShares Names Brian S. Davis CFO

by Alexis Hosticka 7/8/2015 3:57 pm

Home BancShares Inc. of Conway announced that Brian S. Davis has been elected chief financial officer, treasurer and director of Home BancShares and its wholly owned subsidiary, Centennial Bank.

Home BancShares Raises 2Q Cash Dividend

by Arkansas Business Staff 4/23/2015 10:12 am

Home BancShares Inc. of Conway said Thursday that it had increased its second-quarter regular cash dividend by nearly 67 percent.

Home BancShares 1Q Profit UP 14 Percent

by Arkansas Business Staff 4/16/2015 11:24 am

Home BancShares Inc. of Conway on Thursday reported first-quarter net income of $31.1 million, up 14 percent from the same quarter last year.

Centennial, Michael Morton, Dollar General Make Million-Dollar Moves

by Arkansas Business Staff 4/13/2015 12:00 am

A trio of central Arkansas real estate transactions all surpassed the $1 million mark.

Home BancShares Buys $289M in Loans, Plans Office in New York

by Arkansas Business Staff 4/1/2015 4:21 pm

Home BancShares Inc. of Conway, the parent company of Centennial Bank, said Wednesday that it has purchased $289 million in national commercial real estate loans from JC Flowers & Co. LLC.

Lindsey's Resort Closes Amid $3M Foreclosure Lawsuit

by Mark Friedman 3/23/2015 1:45 pm

Lindsey's Resort on the Little Red River in Heber Springs has announced that it is closing, the result of a $3 million foreclosure lawsuit filed by its bank.

Centennial Bank Names Greg Sanson Division President

by Arkansas Business Staff 3/4/2015 10:11 am

Centennial Bank has named Greg Sanson its division president for Centennial's Conway, north central Arkansas and Alabama divisions, according to Tracy French, the bank's CEO.

Centennial Bank Acquires Florida Branches in FDIC-Assisted Deal

by Lance Turner 2/27/2015 4:09 pm

Centennial Bank said Friday that it has acquired the Florida Panhandle deposits and assets of a Puerto Rican bank that was shut down by the Federal Deposit Insurance Corp.