Tagged: delta trust & bank

Simmons First 3Q Earnings Up 27 Percent

by Lance Turner 10/23/2014 8:57 am

Simmons First National Corp. of Pine Bluff reports third-quarter earnings of $8.8 million, or 52 cents per share, up 27 percent from $6.9 million, or 43 cents per share, during the same quarter last year. Simmons also reported “core earnings” of $10.7 million, up 45 percent from the same quarter last year.

Layoffs, Branch Closures Firming Up as Simmons Readies To Close on Delta Trust

by Arkansas Business Staff 7/21/2014 12:00 am

Some employees of Delta Trust & Bank were given notice last week that they might not be with the company after it is acquired by Simmons First National Corp. of Pine Bluff next month.

Conway Gets A Purple Cow Near Hendrix

by Jan Cottingham 5/19/2014 12:00 am

This year marks the 25th anniversary of the opening of the first Purple Cow restaurant, in Little Rock, and April 2 marked the opening of the fourth Purple Cow, at The Village at Hendrix in Conway.

Pair of Million-Dollar Deals Milked in Faulkner County

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

Commercial space encompassing 8,500 SF rang up a $1.3 million sale in Conway, and land for a Wal-Mart Neighborhood Market in Greenbrier was acquired in a $1.07 million deal.

Big Changes to Arkansas' Bank Landscape in Past Year

by Gwen Moritz 5/12/2014 12:00 am

At this point in 2013, Simmons First National Corp. of Pine Bluff was a $3.5 billion holding company with eight subsidiary bank charters and little name recognition outside Arkansas. But by the end of 2014, Simmons’ corporate assets will have nearly doubled, making it the third-largest banking concern headquartered in Arkansas as ranked by assets.

Dennis Smiley: Father’s Signatures Might Be Fake

by Lance Turner and George Waldon 4/25/2014 3:14 pm

In his first response to one of many lawsuits, former Arvest Bank executive Dennis Smiley Jr. acknowledges that his father's signature on a promissory note "may not be the signature of Smiley Sr."

First Western: First for Dennis Smiley Cash?

by George Waldon 4/21/2014 12:00 am

Of all the Arkansas banks ensnared in the alleged serial loan fraud by Dennis Smiley Jr., First Western Bank of Booneville could be in the best position to recover money from him.

Simmons First 1Q Profit Down 27 Percent

by Lance Turner 4/17/2014 11:33 am

Simmons First National Corp. of Pine Bluff on Thursday reported a 27 percent decline in first-quarter profit but said "core earnings," which exclude one-time costs related to its purchase of Metropolitan National Bank of Little Rock, rose compared to the same quarter last year.

Delta Trust Sues Dennis Smiley Over $245,000 Loan

by George Waldon 4/2/2014 12:08 pm

Delta Trust & Bank filed a lawsuit last week against the former CEO of Arvest Bank's Benton County operations after he failed to make the first payment on a loan made in February.

Former Arvest Officer Dennis Smiley Under Investigation for Loan Fraud

by George Waldon and Gwen Moritz 4/2/2014 12:01 am

H. Dennis Smiley Jr., the former CEO of Arvest Bank's operations in Benton County, is the subject of a federal criminal investigation for loan fraud.

Simmons First to Buy Delta Trust for $66M

by Mark Friedman and Lance Turner 3/24/2014 3:45 pm

Simmons First National Corp. of Pine Bluff is buying privately held Delta Trust & Banking Corp. of Little Rock, the pair announced Monday. Simmons CEO George Makris says the $66 million deal will allow it to expand its Simmons Trust services.

Simmons First Promotes Kish Ivey as Senior Vice President (Movers & Shakers)

by Arkansas Business Staff 2/24/2014 12:00 am

Kish Ivey was recently promoted to senior vice president at Simmons First National Corp. in Pine Bluff. Ivey has more than six years of experience with Simmons and previously held the position of compliance manager for Simmons First National Bank.

Delta Trust & Bank Buys Allen Kerr Insurance Agency

by Mark Friedman 7/15/2013 4:22 pm

Delta Trust & Bank of Little Rock buys the Allen Kerr Insurance Agency for a price that wasn't released. "This merger will enable Delta Trust Insurance to provide a complete range of property and casualty services," the company says.

The Village at Hendrix Snags Delta Trust & Bank, Purple Cow Restaurant

by Jordan King 7/15/2013 12:00 am

Market Square, which is scheduled to be completed by the end of the year, is in The Village at Hendrix, a new urbanist neighborhood adjacent to Hendrix College. The 30,000-SF building will house three commercial tenants on its ground floor and student residents on its upper two floors.

New Familiar Names Getting Added to Delta Trust's Shareholders List

by Arkansas Business Staff 4/8/2013 12:00 am

With the pending change of ownership at Delta Trust & Bank, more new names are being added to the bank's rosters.

J. French Hill, Chairman of Delta Trust & Bank, on Encouraging Business Trends

by Arkansas Business Staff 1/14/2013 12:00 am

French Hill, in addition to running the 27th-largest bank chartered in Arkansas, is chairman of the Little Rock Regional Chamber of Commerce for 2013.