Tagged: simmons first national bank

Fed Uncaps Its Case Against Mountain Pure's John Stacks

by Arkansas Business Staff 10/6/2014 12:00 am

The criminal trial of John Stacks, owner of Mountain Pure water bottler and former CEO of HomeBank of Arkansas, commenced last week before U.S. District Judge Leon Holmes, 12 jurors and two alternates.

Bank Branch Trio Generates $3.45M Sale (Real Deals)

by George Waldon 9/29/2014 12:00 am

Three former Metropolitan National Bank branches combined for a $3.45 million transaction. A 3-acre parking lot in west Little Rock is under new ownership after a $1.7 million deal. And a 50-room motel in Jacksonville changed hands in a $1.2 million deal.

Argenta Community Development Corp. Weighs Its Future

by Mark Friedman 9/22/2014 12:00 am

While Argenta Community Development Corp. of North Little Rock ponders its future — including whether to dissolve — the nonprofit first must deal with a foreclosure lawsuit filed against it last month after defaulting on a $560,000 loan.

Simmons First Continues To Prune Branches in Little Rock, Northwest Arkansas

by Arkansas Business Staff 8/4/2014 12:00 am

Simmons First National Bank of Pine Bluff has sold off three more leftover Pulaski County branches.

Carrington Complex Draws $21.5 Million Transaction (Real Deals)

by George Waldon 7/21/2014 12:00 am

A 202-unit apartment complex in west Little Rock weighed in at $21.5 million, and a 1,209-SF bank branch in west Little Rock is under new ownership after a $1.22 million sale.

Simmons First National 2Q Profit Up 50 Percent

by Lance Turner 7/17/2014 9:10 am

Simmons First National Corp. of Pine Bluff reports a 50 percent rise in second-quarter profit, part of what CEO George Makris called a "landmark quarter" for the fast-growing financial holding company.

First Arkansas Bank & Trust Also Absorbing Bank Branches

by Arkansas Business Staff 6/30/2014 12:00 am

Larry Wilson, CEO of First Arkansas, confirms his bank's purchase of old Simmons branch in Jacksonville. And he threw in a couple more for good measure: the former Metropolitan branches at the intersection of Highways 321 and 89 in Cabot and at Kiehl and Brockington in Sherwood.

Bank-Owned Property Draws $3.9M Buyer (Real Deals)

by George Waldon 6/23/2014 12:00 am

A 49,100-SF office building in west Little Rock weighed in at $3.9 million. A four-building, 22,912-SF office project in west Little Rock changed hands in a nearly $1.66 million transaction.

Pine Bluff's Relyance Bank Makes Move Into Little Rock

by Arkansas Business Staff 6/2/2014 12:00 am

Relyance Bank of Pine Bluff recently bought a Little Rock branch building from Simmons First National Bank.

Simmons First Grabs Another One: First State Bank of Union City, Tennessee

by Gwen Moritz 5/6/2014 3:58 pm

Simmons First National Corp. of Pine Bluff is continuing its shopping spree by announcing a $243.4 million deal to buy Community First Bancshares Inc. of Union City, Tennessee, and its $1.9 billion subsidiary bank, First State Bank.

Simmons Name Appears on Arkansas' Tallest Building

by Gwen Moritz 4/16/2014 11:02 am

The new logo of Simmons First National Bank appeared over the weekend on the south side of Little Rock's tallest building, an installation timed specifically so that a photo of the high-profile branding could be shown at the Simmons First National Corp. annual shareholders meeting.

Simmons First Sues Mountain Pure for Defaulting on $16.5M in Loans

by Mark Friedman 3/25/2014 4:17 pm

Simmons First National Bank has sued Mountain Pure and its owner, John B. Stacks, for defaulting on $16.5 million worth of loans. Meanwhile, Stacks is launching a website to offer his take on events surrounding his indictment in separate case.

Former MNB CEO Lunsford Bridges Now Consulting for Simmons

by Jan Cottingham 1/27/2014 5:02 pm

Lunsford Bridges, long-time president and CEO of Metropolitan Bank, is now consulting for Simmons First National Bank, which acquired Metropolitan last year, in a "supervisory role."

Metropolitan Bank Posts 4th Consecutive Quarterly Profit

by Gwen Moritz 10/30/2013 4:37 pm

Metropolitan National Bank of Little Rock, which is set to be acquired by Simmons First National Bank of Pine Bluff in December, announces a third-quarter profit of $1.59 million.

Simmons 3Q Net Income Up 2.5 Percent Despite Expenses

by Gwen Moritz 10/17/2013 8:51 am

The publicly traded Pine Bluff bank holding company noted that it had $439,000 in after-tax expenses related to merger costs and branch closings, which weighed on the bottom line.

Moves Made at Two Simmons First Subsidiaries (Movers & Shakers)

by Arkansas Business Staff 8/19/2013 12:00 am

Mel Hutchins has joined Simmons First National Bank of Pine Bluff as a vice president and commercial loan officer in the bank’s Little Rock region. Robert Castleberry has joined Simmons First Investment Group in Little Rock as a vice president and manager of investment financials and operations.

Simmons First National Bank Considers Cash-Back Card

by Gwen Moritz 8/5/2013 12:00 am

Simmons First National Bank has been a national player in the credit card market for decades. Credit cards have remained a profitable line of business even though the Pine Bluff bank has resisted the kind of changes that other issuers have embraced.

25 Failed Banks Attract Bids From Arkansas

by George Waldon 5/27/2013 12:00 am

Of the 51 bank failures last year, at least 25 drew attention from Arkansas financial institutions, according to the Federal Deposit Insurance Corp. But only three resulted in winning bids by Arkansas lenders.

Bank Reporter War Stories (Gwen Moritz Editor's Note)

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

In journalism, you have to train yourself to take no quarter when reporting on the newsmakers. However, you may need some quarters for the weekend laundry.

Bank Failures, Acquisitions Slowing Down

by Arkansas Business Staff 4/8/2013 12:00 am

The flood of FDIC-assisted bank acquisitions that Johnny Allison once called a “generational opportunity” for his Home BancShares Inc. of Conway has slowed to a trickle.