Tagged: tarp

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.

Southern Bancorp Plans To Raise $20M

by George Waldon 3/27/2017 12:00 am

The ownership of Southern Bancorp Inc. recently underwent change to simplify its stock structure and create a more market-friendly organization.

Community First Bancshares Exits TARP In the Black

by George Waldon 3/10/2014 12:00 am

The U.S. Treasury ended up with nearly $3.7 million more than it “loaned” to Community First Bancshares Inc. of Harrison. The $12.7 million that Uncle Sam invested in Community First was accomplished with preferred stock and warrants issued through the Capital Purchase Program.

Special TARP Investigator Lists Dozens of Prosecutions

by Arkansas Business Staff 8/5/2013 12:00 am

The federal agency that is keeping tabs on TARP, the bank bailout program that dates to 2008, reported last month that it has pursued legal action against scores of bank executives who allegedly misused the taxpayer funds.

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