Tagged: one bank & trust

Update: Heartland, Onebanc End 1Q in the Red

by George Waldon 5/22/2017 12:00 am

Two Little Rock lenders continue to battle through losses in search of a return to sustained profitability: Heartland Bank and One Bank & Trust.

Corrected: U.S. Treasury Buys One Bank & Trust Stock

by Gwen Moritz 5/8/2017 3:26 pm

The U.S. Treasury Department purchased 344,577 shares of stock in One Bank & Trust at a sale conducted in Washington on Monday, the bank's CEO announced.

More Red Ink for One Bank & Trust

by Arkansas Business Staff 5/8/2017 12:00 am

Little Rock’s One Bank & Trust posted another quarterly loss: $1.6 million. The red ink during the first quarter marked a continuation of a trend that dates back nearly five years.

Date Set for One Bank & Trust Sale

by Arkansas Business Staff 5/1/2017 12:00 am

Standing first in line for the court-ordered sale of controlling interest in Little Rock’s One Bank & Trust is the United States of America, with a potential credit bid of up to $47.9 million.

Feds Ask To Sell One Bank & Trust

by George Waldon 4/10/2017 12:00 am

A change of ownership is in motion for Little Rock’s One Bank & Trust. The U.S. government has asked for a court-ordered stock sale of controlling interest in the $305 million-asset bank.

One Bank & Trust: Sell or Build Capital Base

by George Waldon 1/30/2017 12:00 am

Little Rock’s One Bank & Trust continues to operate under an unusual arrangement more than four years after the ouster of its owner and CEO, Layton “Scooter” Stuart.

Gary Rickenbach Gets 2 Years of Probation, 100 Service Hours

by Gwen Moritz 12/7/2016 3:54 pm

Gary Rickenbach is sentenced to two years of probation and 100 hours of community service in exchange for pleading guilty to failing to report a crime.

Rickenbach To Offer Low Risk Status for No Prison at Wednesday Sentencing

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

His testimony failed to convict his former co-workers, but Gary Rickenbach is still hoping to avoid prison time for his admitted role in a fraudulent loan made by One Bank & Trust when he was its senior executive vice president.

Presumed Innocence II (Gwen Moritz Editor's Note)

by Gwen Moritz 11/7/2016 12:00 am

When the U.S. Attorney’s Office in Little Rock is involved, the presumption of a defendant’s innocence must be more than theoretic, and confidence that the power of the government is being used fairly and wisely must be tempered.”

Michael Heald, Bradley Paul Acquitted in Bank Fraud Case

by Gwen Moritz 10/31/2016 5:31 pm

Two former One Bank & Trust executives were found not guilty Monday after a three-week jury trial in federal court in Little Rock.

James Schnoes, One Bank & Trust (Small Bank CFO of the Year Finalist)

by Arkansas Business Staff 10/24/2016 12:00 am

Rocked by mismanagement and placed under the regulatory microscope, One Bank & Trust remains a work in progress as James Schnoes helps restore order at the $316 million-asset institution.

McCain Plaza Transaction Surpasses $23 Million Mark (Real Deals)

by George Waldon 9/12/2016 12:00 am

The 296,000-SF retail project at 4200 E. McCain Blvd. in North Little Rock tipped the scales at $23.15 million.

Two Former One Bank Execs Set for October Trial

by Arkansas Business Staff 9/5/2016 12:00 am

The knottiest white-collar criminal case in recent memory should finally go to trial next month, but only half of the original defendants will face the jury.

Property, Cash Included in One Bank's Settlement with BHL

by Arkansas Business Staff 8/29/2016 12:00 am

Johnelle Hunt’s BHL Financing LLC received assets valued at $2.8 million in its settlement with Little Rock’s One Bank & Trust.

Multifamily Acreage Sells for $3.3 Million (Real Deals)

by George Waldon 7/11/2016 12:00 am

Richardson Properties LLC, led by Keith Richardson, purchased 69 acres in west Little Rock with apartments in mind.

5 Arkansas Banks Tally 1Q Losses

by George Waldon 7/4/2016 12:00 am

Twenty-one Arkansas banks recorded a first-quarter profit of less than $200,000. Of that group, only five booked losses.

Settlement Reached Between One Bank, BHL Financing

by Arkansas Business Staff 6/27/2016 12:00 am

The litigation between Johnelle Hunt’s BHL Financing LLC and Little Rock’s One Bank & Trust is no more.

Fifth Amendment Rights Behind One Bank & Trust Trial Delay

by Arkansas Business Staff 6/6/2016 12:00 am

An unusual plea deal struck by former One Bank & Trust executive Gary Rickenbach has delayed the trial of two of his former co-workers, Brad Paul and Mike Heald

Trial Set for June 1 for Former One Bank Execs

by Arkansas Business Staff 5/23/2016 12:00 am

The federal criminal trial of two remaining defendants formerly of One Bank & Trust of Little Rock is still scheduled to start next week, although indications are that it will be June 1 rather than May 30.

One Bank & Trust Capitalization Plan Forms

by George Waldon 5/9/2016 12:00 am

Little Rock’s One Bank & Trust hasn’t generated a normal quarterly profit since the Office of the Comptroller of the Currency ousted Layton “Scooter” Stuart as CEO in September 2012.

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