Tagged: one bank & trust

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.

Calling Out Boss Hogg (Gwen Moritz Editor's Note)

by Arkansas Business Staff 4/11/2016 12:00 am

Federal Reserve examiners will be trained to look for signs of a bank executive who dominates subordinates or assumes too many roles. You and I might call him a Boss Hogg.

Allied, Pinnacle, Heartland Score Texas Ratios Over 100

by George Waldon 3/14/2016 12:00 am

Two Arkansas banks generated Texas Ratios above 100 at year-end 2014. Twelve months later, the number grew to three, with Heartland Bank of Bryant (112.28) joining Pinnacle Bank of Rogers (139.3) and Allied Bank of Mulberry (183).

Albert Solaroli Restitution in One Bank Case Fails to Appear

by Arkansas Business Staff 3/7/2016 12:00 am

A $120,000 restitution payment from Alberto Solaroli as part of his plea deal still hadn’t been paid by Wednesday, and First Assistant U.S. Attorney Pat Harris was not amused.

'When You Steal $1.5 Million …' (Gwen Moritz Editor's Note)

by Gwen Moritz 3/7/2016 12:00 am

For the second straight week, I’m going to write about listening to the Chief U.S. District Judge deliver a well-reasoned message on fair play.

Scooter Stuart’s Fall Still Feeds Litigation

by George Waldon 2/29/2016 12:00 am

Only a handful of lawsuits that erupted from the upheaval at One Bank & Trust continue to wind through the court system.

One Bank Customer Solaroli Sentenced to One Year in Federal Prison

by Gwen Moritz 2/26/2016 6:17 pm

"I think when you steal $1.5 million, you deserve prison," Chief U.S. District Judge Brian Miller of Little Rock told Alberto Solaroli, the Canadian citizen who pleaded guilty to laundering proceeds from a 2007 bank loan.

Oklahoma Bank Registers $3M Judgment Against Phil Herrington

by Arkansas Business Staff 1/25/2016 12:00 am

The judgment represents the outstanding balance on a $4 million loan from First Commercial Bank of Edmond, Oklahoma.

Albert Solaroli Due To Be Sentenced in One Bank Case

by Arkansas Business Staff 1/18/2016 12:00 am

Albert Solaroli, the Florida businessman who pleaded guilty last April to money laundering related to an infamous $1.5 million loan from One Bank & Trust, is scheduled to be sentenced Thursday by U.S. District Judge Brian Miller in Little Rock.