Tagged: centennial bank

Home BancShares Celebrates 10 Years as Nasdaq Company

by Arkansas Business Staff 5/25/2016 10:30 am

Home BancShares Inc., parent company of Centennial Bank, was featured on the Nasdaq Tower in Times Square in celebration of the Company’s 10th anniversary as a Nasdaq listed company and John W. Allison, chairman, rang the Nasdaq Opening Bell.

John Rogers Lakewood Mansion Still on Market

by Arkansas Business Staff 5/16/2016 12:00 am

An unnamed buyer and Centennial Bank were less than $100,000 apart from completing the deal for the North Little Rock property when negotiations broke down.

Mike Beebe Joins Board of Home BancShares, Stock to Split in June

by Gwen Moritz 4/22/2016 7:39 am

Former Gov. Mike Beebe has been named to the board of directors of Home BancShares Inc., the publicly traded parent company of Centennial Bank that is headed by his college fraternity brother, Chairman John Allison.

Home BancShares 1Q Net Income Up 33 Percent

by Alexis Hosticka 4/21/2016 9:10 am

Home BancShares Inc. of Conway on Thursday announced record first-quarter net income of $41.4 million for the quarter ended March 31, a 33 percent increase compared to the same period in 2015.

M&M Bankruptcy Lists Over $8 Million in Debts

by Arkansas Business Staff 3/21/2016 12:00 am

The Conway firm that provided environmental services to the oil and gas industries filed for bankruptcy liquidation last month, but it didn’t list many financial details. The amended filing reports M&M has $3.2 million in assets.

Kathryn Hicks Named New Centennial Bank VP at Mountain Home (Movers & Shakers)

by Arkansas Business Staff 3/21/2016 12:00 am

Kathryn Hicks has been named vice president and market leader for Centennial Bank in Mountain Home, and Harrison Young has moved to Mountain Home as a loan officer.

Villa Marre Owner Files for Bankruptcy

by Arkansas Business Staff 3/14/2016 12:00 am

RWL Investments LLC of Little Rock filed for the bankruptcy protection nine days after Centennial Bank of Conway filed a foreclosure lawsuit against it for defaulting on eight loans totaling $2.6 million.

New Owners Leave Lindsey’s Resort in Familiar Hands

by Alexis Hosticka 3/14/2016 12:00 am

Lindsey’s Resort has a fresh start after foreclosure last March completely shut down the quaint attraction on the Little Red River at Heber Springs, just as the resort was marking its 50th anniversary.

Stock Awards Help Boost Pay for 2 at Home BancShares

by Lance Turner 3/10/2016 11:17 am

An increase in stock awards helped boost total compensation for a pair of executives at Home BancShares Inc. of Conway, according to the firm's annual proxy statement filed March 4.

M&M Cleanup Company Meets Messy End

by Mark Friedman 2/29/2016 12:00 am

Instead of soaring under new ownership, M&M Environmental Group, which provided environmental services to the oil and gas industries, went into a tailspin. So did the relationship between McFadin and the Omega Group; eventually the two sides deadlocked on whether to file for bankruptcy protection late last year.

Auctioneer Punished for Tipping Off John Rogers

by George Waldon 2/22/2016 12:00 am

Doug Allen, a partner with John Rogers in Legendary Auctions, received a stiffer sentence for fraud and other charges because of a March 2014 conversation with Rogers, who was wearing a wire for federal investigators.

Tech Park Closes on Phase 1 Properties

by Mark Carter 2/9/2016 10:22 am

Renovation for the first phase of the planned Little Rock Technology Park is expected to begin in April after tech park board members on Monday signed closing documents to purchase properties along Main Street.

Tech Park Plans to Close on Phase 1 Friday

by Alexis Hosticka 2/3/2016 9:47 am

The Little Rock Tech Park plans to close Friday on the purchase of downtown properties for the park's first phase, Director Brent Birch said during a meeting Wednesday.

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.