Tagged: first security bank

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.

Convicted Beebe Banker Banned From Industry

by Gwen Moritz 2/28/2014 11:09 am

A Beebe banker scheduled to enter federal prison in less than two weeks has been banned from working in the banking industry in the future.

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.

Former Fayetteville Business Owner Indicted

by Gwen Moritz 1/7/2014 01:51 pm

The former owner of a defunct Fayetteville leasing company has been charged with 12 federal felonies, including bank fraud against Bank of the Ozarks and First Security Bank.

Payroll Vault Opens in Conway

by Eric Monson 11/25/2013 12:00 am

Payroll Vault, a payroll services company based out of Littleton, Colo., now has a franchise in Conway.

McCain Place Building Draws $2 Million Sale (Real Deals)

by George Waldon 11/25/2013 12:00 am

First Security Bank of Searcy purchased the McCain Place Building at 2504 McCain Blvd. from Woodcrest Co. LLP, led by James Matthews. And a Dollar General store in Sherwood is under new ownership after a $1.24 million sale.

Edgehill Home, SWLR Motel Top County's Recent Seven-Digit Deals

by Arkansas Business Staff 11/11/2013 12:00 am

The million-dollar deals keep piling up, like leaves in November. The biggest of this week's bunch weighs in at $2.6 million.

First Security Takes Share of Centennial's Home Turf

by Arkansas Business Staff 11/4/2013 12:00 am

If you cruise over to the list of banks with the largest market share in selected Arkansas counties, you might notice that one First Security Bank of Searcy, which is in White County, has become the deposit market share leader in Faulkner County, which is the home of Centennial Bank.

Statewide Bank Deposits Dip Slightly, New FDIC Report Shows

by Gwen Moritz 10/2/2013 09:09 am

Bank deposits in Arkansas declined by about a half-percent in the 12 months that ended June 30, according to the annual summary of deposits released Monday by the Federal Deposit Insurance Corp. Total deposits statewide dropped back to $53.1 billion, down $267.6 million in a year.

Albert Pike Apartments Acquired for $3.6M (Real Deals)

by George Waldon 8/5/2013 12:00 am

Summit Albert Pike Ltd. of Montgomery, Ala., bought the 130-unit project at 701 Scott St. from Albert Pike Residence Hotel Ltd. and Lincoln Investments LLC, both led by Phillip Jones.

Benton County Residential OREO Sampler

by George Waldon 6/24/2013 12:00 am

A bank-by-bank look at some of the Other Real Estate Owned properties in Benton County, which includes residential lots and undeveloped acreage.

Arkansas Bank Assets Grow by 4.75 Percent

by Gwen Moritz 5/6/2013 12:00 am

Assets held by banks headquartered in Arkansas grew by 4.75 percent to $61.3 billion during 2012 even as the number of individual charters remained almost stable.

Bonds Build First Security Bank Earnings In Recession

by George Waldon 3/4/2013 12:00 am

When it comes to boosting the bottom line with income from municipal bonds, First Security Bank of Searcy is king among banks based in Arkansas.

Reynie Rutledge Replaces John Tyson on University of Arkansas Board of Trustees

by Lance Turner 3/1/2013 10:36 am

Gov. Mike Beebe names Reynie Rutledge of Searcy to the University of Arkansas Board of Trustees and Bob Burns of Little Rock to the Arkansas State Police Commission. Rutledge replaces John Tyson, chairman of Tyson Foods Inc., who resigned last month.

More Arkansas Banks Offering Instant-Issue Debit Cards

by Arkansas Business Staff 2/11/2013 12:00 am

For bank customers who lose their debit cards, a long wait is no longer required at some Arkansas institutions.

Reynie Rutledge, Chairman of First Security Bancorp of Searcy on Banking Growth (Exec Q&A)

by Arkansas Business Staff 11/5/2012 12:00 am

Reynie Rutledge has been involved in the banking industry for almost 40 years.

Arvest Controls 12 Percent of Arkansas Bank Deposits

by Gwen Moritz 11/5/2012 12:00 am

Arvest Bank of Fayetteville controlled 12 percent of statewide bank deposits as of June 30, stretching out its lead over No. 2 Regions Bank.

CFO Lifetime Achievement Award: Michael C. Hutsell

by Arkansas Business Staff 11/7/2011 12:00 am

Looking for a way out of the S&L industry, Michael Hutsell joined First Security Bank in 1989. Now its president, Hutsell has watched First Security grow into one of the largest banks in Arkansas with deposits growing 19.6 percent in 2010-11 and profit of $62.9 million in the first three quarters of this year.