Tagged: dennis smiley

Dennis Smiley’s Wife Cynthia Files Chapter 7 Bankruptcy

by Lance Turner 10/29/2014 11:38 am

Cynthia Smiley, the wife of former Arvest Bank executive Dennis Smiley Jr., filed Chapter 7 bankruptcy on Thursday, listing $2.3 million in debts and $34,000 in assets.

Harrison Bank Files Lawsuit Against Dennis Smiley

by Marty Cook 9/19/2014 8:11 am

Community First Bank of Harrison files a three-count civil lawsuit against former Arvest Bank executive Dennis Smiley Jr. on Thursday.

Court Formalizes Settlement With Banks Over Dennis Smiley Assets

by George Waldon 9/17/2014 3:26 pm

Eighteen lenders were dismissed from the battle over assets once owned by former Arvest Bank executive Dennis Smiley Jr.

In Lawsuit, Arvest Bank Seeks $467K From Dennis Smiley Jr.

by George Waldon 8/26/2014 10:33 am

Arvest Bank of Fayetteville has sued to collect more than $467,000 in delinquent debt associated with its former Bentonville market president Dennis Smiley. Arvest’s actions make it the 11th bank to file details of delinquent loan claims associated with Dennis Smiley Jr. The two lawsuits pushes the known claims against Smiley to about $2.5 million.

Details of Delinquent Dennis Smiley Loans

by George Waldon 8/8/2014 8:06 am

Ten banks that loaned money to Dennis H. Smiley Jr. included details about their claims in court filings. Total outstanding on the 20 loans is nearly $2 million.

First Security Bank Forecloses on Dennis Smiley Home

by George Waldon 8/8/2014 8:02 am

First Security Bank of Searcy files a foreclosure lawsuit on a $200,000 loan secured by Dennis Smiley’s home in Rogers.

Gary Head: Smiley Told Me He’d Made Mistakes

by George Waldon 8/8/2014 8:00 am

Gary Head, chairman, president and CEO of Fayetteville’s Signature Bank of Arkansas, says he learned of the multimillion-dollar loan scandal involving Dennis Smiley Jr. in a phone call from Smiley himself.

Arvest Bank Settles With 18 Dennis Smiley Creditors

by George Waldon 8/8/2014 7:58 am

Arvest Bank of Fayetteville has settled with 18 of 20 creditors who loaned money to one of its former executives, Dennis Smiley Jr. Only First State Bank of De Queen, where Smiley’s namesake father is chairman, and Signature Bank of Arkansas in Fayetteville remain as possible claimants seeking money from Smiley’s Arvest Bank Group stock purchase and stock option plans.

Arvest: Was Unaware of Agreement Involving Dennis Smiley’s Loan Collateral

by Lance Turner 5/14/2014 11:32 am

Arvest Bank says it was unaware of documents purportedly signed by one of its executives that allowed Dennis Smiley to use his stock in an Arvest executive incentive account as loan collateral at First National Bank of Fort Smith.

Summit's CEO Ross Whipple To Plant Big Stake in Bank of the Ozarks After Merger

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

When the acquisition of Summit Bancorp is completed later this month, Ross Whipple also will become one of the largest shareholders at Bank of the Ozarks Inc. of Little Rock.

First Bank of Hampton Joins Line of Lawsuits Against Dennis Smiley

by Lance Turner 5/1/2014 11:58 am

First Bank of Hampton joins the expanding roster of banks seeking to recover money loaned to Dennis Smiley, a former Arvest Bank executive who is under federal criminal investigation for loan fraud.

Trust but Verify (Editorial)

by Arkansas Business Editors 4/28/2014 12:00 am

We don’t pretend to be bankers here at Arkansas Business — or lawyers, for that matter. We’re just journalists, paid to tell our audience information we can glean from events, statements, documents, interviews and direct observation.

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."

Three More Banks File Claims Against Dennis Smiley Collateral

by George Waldon 4/23/2014 1:43 pm

Three more banks have responded to the growing litigation surrounding the alleged serial loan fraud by former Arvest Bank executive Dennis Smiley. Integrity First Bank of Mountain Home, First State Bank of Russellville and First Security Bank of Searcy each filed actions Monday.

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.

Three More Banks Sue Dennis Smiley Over Loans

by George Waldon 4/14/2014 12:29 pm

Three more lenders have joined the growing line of banks suing former Arvest Bank executive H. Dennis Smiley Jr. of Rogers.

Bank of Fayetteville Sues Dennis Smiley, Arvest Bank

by Mark Friedman 4/10/2014 4:46 pm

The Bank of Fayetteville sued former banker H. Dennis Smiley Jr. of Rogers on Monday to collect nearly $480,000 owed for defaulted loans. It also named Smiley's former employer, Arvest Bank, as a defendant. Sources have told Arkansas Business that Smiley is facing a criminal investigation into allegations of loan fraud.

Arvest Bank Names Craig Rivaldo CEO in Benton County

by Lance Turner 4/8/2014 3:36 pm

Arvest Bank of Fayetteville says Craig Rivaldo, president and CEO of Arvest Bank of Fort Smith, has been named the president and CEO of Arvest Bank of Benton County effective May 1. Rivaldo replaces H. Dennis Smiley Jr., who resigned from the post last month. Rivaldo began his career with Arvest as a trainee with McIlory Bank in Fayetteville in 1987.

Ex-Arvest Banker Dennis Smiley Draws Criminal Scrutiny

by George Waldon and Gwen Moritz 4/7/2014 12:00 am

An apparent loan fraud scheme that imploded in northwest Arkansas has drawn a criminal investigation, and lawsuits have also started to flow. In the middle of it all is H. Dennis Smiley Jr. of Rogers, who resigned March 13 as CEO of Arvest Bank’s operations in Benton County.

Arvest Bank Files to Turn Over $552K In Dennis Smiley Money

by Lance Turner 4/3/2014 3:27 pm

Arvest Bank tells the Benton County Circuit Court that it’s holding nearly $552,000 in stock option proceeds and stock plan checks to H. Dennis Smiley Jr., a former bank executive who’s under a federal criminal investigation for bank fraud.