Tagged: one bank & trust

Rickenbach Indictment Reveals More Details of One Bank Under Scooter Stuart

by Arkansas Business Staff 4/14/2014 12:00 am

One Bank & Trust's foolhardy loan of $1.5 million to a penny-stock operator resulted in a federal criminal indictment of former EVP Gary Rickenbach. But a second indictment brings new revelations about the management mess there under the late Layton “Scooter” Stuart.

New Charges Filed Against Andrew T. Melton

by Gwen Moritz 4/2/2014 07:52 pm

The former CFO of ThermoEnergy Corp., who was indicted on 12 counts of mail fraud more than a year ago, was charged Wednesday with five additional counts of employment tax fraud.

Former One Bank SVP Gary Rickenbach Indicted on Federal Bank Fraud Charges

by Gwen Moritz 4/2/2014 06:05 pm

A conspiracy charge seems to be related to a $1.5 million loan that has already resulted in bank fraud charges against the Florida borrower, Alberto Solaroli; other charges allege deliberate fraud against the federal TARP program.

6 Arkansas Banks Lost Money in 2013

by George Waldon 3/11/2014 11:10 am

Six of the 120 lenders based in Arkansas lost money during 2013, according to call reports compiled by BauerFinancial Inc. of Coral Gables, Fla.

One Bank, Dick Torti Reach Deal on Dual Role in Scooter Stuart Case

by Arkansas Business Staff 2/17/2014 12:00 am

Officials at the $386.4 million-asset bank agreed not to challenge Torti's dual role as executor of Layton “Scooter” Stuart's estate and trustee of the Stuart family trust.

Scooter Stuart Mansion Goes Back to the Bank

by Arkansas Business Staff 1/27/2014 12:00 am

Ownership of the 12,350-SF mansion in west Little Rock's gated Hickory Creek neighborhood was transferred from Stuart's widow, Tommye, to One Bank & Trust on Jan. 7.

Soul of the South Buys Little Rock HQ

by Luke Jones 1/20/2014 12:00 am

Soul of the South, a new television network targeting African-American viewers from Southern states, says it will pump up its Little Rock headquarters in order to expand its national reach.

Soul of the South Network Expanding, Buys Little Rock Headquarters

by Luke Jones 1/15/2014 10:28 am

Soul of the South, a national television network headquartered in Little Rock, says it will expand its Little Rock facility.

Former Stuart Home in Pleasant Valley Belongs to New Owners

by Arkansas Business Staff 12/23/2013 12:00 am

A house forfeited to One Bank & Trust by Hunter Stuart now has new owners in Pleasant Valley.

Phil Herrington's Oklahoma City Golf Club Poised for Auction Block

by George Waldon 12/16/2013 12:00 am

The proposed auction of the Gaillardia Golf & Country Club next month is threatening to remove the last Arkansas ties to the Oklahoma City country club.

$4.7M Foreclosure Against Phil Herrington, Others Resolved

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

Remember the foreclosure action against Little Rock businessman Phil Herrington, his Herrington Inc. private equity and development firm and six business entities associated with property in Utah? That $4.7 million dispute has been resolved.

Melissa Hawkins Added to One Bank's Board of Directors

by Arkansas Business Staff 11/25/2013 12:00 am

Melissa Hawkins, who has worked with the bank in an advisory role for several months, is a past president of the Junior League of Little Rock.

Florida Condo Remains Out of Reach in Stuart Legal Mess

by Arkansas Business Staff 11/18/2013 12:00 am

For now, a luxury condominium on the Gulf Coast seems to have escaped the financial chaos left by the late Layton “Scooter” Stuart.

Alberto Solaroli Indicted for Bank Fraud Over Loan Tied to One Bank & Trust

by George Waldon 11/15/2013 10:41 am

Alberto Solaroli, 59, of Jacksonville, Fla., was indicted on one count of bank fraud in connection with an April 2007 loan from One Bank & Trust of Little Rock.

Former One Bank VP Matthew Sweet Indicted for Fraud, Money Laundering

by George Waldon 11/11/2013 09:09 am

Matthew Daniel Sweet, 41, of Timbo (Stone County) was indicted on 30 counts of bank fraud and 30 counts of money laundering. His trial is scheduled for Dec. 9, before U.S. District Judge Leon Holmes.

Richard Torti Fights Layton Stuart Battle on Two Legal Fronts, County and Federal

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

Richard Torti is engaged on two legal fronts in Little Rock, county and federal to exercise his authority as a trustee and executor for the Stuart family and extricate money from federal authorities.

New Neurosurgeons Fill Roles at Arkansas Neuroscience Institute (Movers & Shakers)

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

Dr. Stephen F. Shafizadeh has joined the Arkansas Neuroscience Institute team at St. Vincent Infirmary in Little Rock. Shafizadeh earned a medical degree from the Medical University of South Carolina and completed his neurosurgical residency at Northwestern University. Dr. Tarek Abuelem has joined ANI after earning neurosurgical residencies at Baylor College of Medicine and M.D. Anderson Cancer Center in Houston and completing a fellowship at ANI.

7 Arkansas Lenders Still Indebted to Treasury After TARP Relief

by George Waldon 11/4/2013 12:00 am

Seven Arkansas lenders remain under the umbrella of the U.S. Treasury's TARP program in the aftermath of the 2008 financial meltdown. The group collectively received more than $126 million through the Capital Purchase Program-Troubled Asset Relief Program.

Johnelle Hunt Group Stakes Claim on Portion of Scooter Stuart Assets

by Arkansas Business Staff 10/7/2013 12:00 am

Another party has entered the courtroom regarding a claim on assets seized from the late Little Rock banker Layton “Scooter” Stuart. BHL Financing LLC, led by Johnelle Hunt, filed a claim for $15.2 million owed on three delinquent promissory notes.

One Bank Founding Traced to 1956 Organization of American National Bank

by George Waldon 9/30/2013 12:00 am

Five businessmen are recognized for planting the corporate seed for what developed into today's One Bank & Trust of Little Rock. The venture was launched as American National Bank and morphed into its better-known incarnation as First American.