Tagged: susie smith

What's Next in the Simmons First Play for Metropolitan National Bank?

by Lance Turner and Gwen Moritz 9/10/2013 10:30 am

Simmons First National Corp. of Pine Bluff has submitted the winning bid to purchase Metropolitan National Bank of Little Rock. So what's next in this historic banking deal?

Susie Smith Testimony Recounts Trials, Tribulations at Metropolitan National Bank

by George Waldon 8/19/2013 12:00 am

Perhaps no one can appreciate the battle to save Metropolitan National Bank more than Susie Smith, Metropolitan's senior executive vice president, COO and CFO. Her testimony at a July 26 hearing in Little Rock's U.S. Bankruptcy Court offers a glimpse inside the embattled, former $1.8 billion-asset lender.

Bidder Proposes $74.2 Million in New Capital for Metropolitan National Bank

by Gwen Moritz 7/30/2013 03:54 pm

Ford Financial Fund II of Dallas plans to invest a bit more than $90 million if it wins its bid to buy Metropolitan National Bank of Little Rock from its holding company, Rogers Bancshares Inc., documents filed in bankruptcy court show. Meanwhile, U.S. Bankruptcy Judge James G. Mixon is expected to rule on various motions, including the bidding timetable, on Wednesday.

Metropolitan Bank Shareholders Unlikely to Get Any Cash

by Gwen Moritz 7/15/2013 12:00 am

Rogers Bancshares Inc., the holding company for Metropolitan National Bank, had negative common equity of $22 million as of March 31. As a result, its creditors are likely to receive only pennies on the dollar from the proposed $16 million sale of Metropolitan.

Banker Susie Smith Pursues Interest in Charity Work

by Arkansas Business Staff 6/17/2013 12:00 am

Whether conducting official business or following many of her volunteer side pursuits, Susie Smith is keeping her community spirit alive.