Tagged: one bank & trust

One Bank, Landlord Tussle in Lawsuit Over Former OneBanc Branch

by George Waldon 6/4/2018 12:00 am

A Little Rock landlord says One Bank is still on the financial hook for a closed branch office on Cantrell Road.

More Losses Precede Sale of One Bank

by George Waldon 5/7/2018 12:00 am

Little Rock’s One Bank & Trust extended its string of quarterly operational losses to 23, heading toward a pre-insolvency sale later this year.

First National Bank of Paragould to Buy One Bank & Trust

by George Waldon 4/23/2018 9:56 am

First National Bank of Paragould announced Monday that it is buying One Bank & Trust of Little Rock.

How the Goldens Ruled: Fed Report on Allied Notes Self-Dealing, Insider Abuse

by George Waldon 4/2/2018 12:00 am

The narrative of the report is dominated by criticism of the Goldens, by title rather than name, and the bank board they held sway over.

Sherwood Pediatrics Plus Sold for $9.5M

by Arkansas Business Staff 3/12/2018 12:00 am

A Sherwood developmental preschool, a North Little Rock hotel, farmland in Faulkner County, a real estate trade in Conway and residential acreage in Saline County combine for this week’s group of million-dollar transactions.

One Bank, Heartland End 2017 with Loss

by George Waldon 2/12/2018 12:00 am

Little Rock’s One Bank & Trust pushed its string of consecutive quarterly operational losses to 22 as of Dec. 31. Heartland Bank ended the year with a loss of more than $13.7 million.

Heartland, One Bank See More Red in 3Q

by George Waldon 11/6/2017 12:00 am

Two Little Rock banks in need of capital are traveling divergent paths in search of balance sheet stability.

Arkansas Banks Sub ITMs for Tellers to Gain Competitive Edge

by Sarah Campbell-Miller 10/9/2017 12:00 am

Several Arkansas banks are using interactive teller machines to offer extended hours and better service to their customers, grow their deposits and gain a competitive edge, especially in new markets.

OCC Order Wraps Up Dispute Over One Bank Loans

by George Waldon 10/9/2017 12:00 am

The Office of the Comptroller of the Currency in August tied up a loose end left dangling for years at Little Rock’s One Bank & Trust.

Heartland, One Bank Rack Up More Losses

by George Waldon 8/14/2017 12:00 am

The second-quarter results continued in the red at two Little Rock banks doing business under regulatory agreements.

Bad Debtor Of One Bank Resurfaces

by George Waldon 7/17/2017 12:00 am

Theodore Roosevelt Malloch Jr.’s status as a historic footnote in One Bank & Trust’s troubled loan portfolio has been upgraded in the months since the presidential election.

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.”