Icon (Close Menu)


Simmons Leads Current OREO Figures

1 min read

A decade has passed since OREO portfolios became an especially significant line item as an epic wave of real estate securing bad loans flowed onto many a bank’s balance sheet.

What does the OREO picture look like at some of the biggest of banks doing business in Arkansas? Here are some June 30 “other real estate owned” numbers with a ratio of noncurrent assets plus OREO to assets for perspective:

Simmons Bank of Pine Bluff $30.5 million 0.81 percent
Regions Bank of Birmingham, Alabama $73.4 million 0.74 percent
Arvest Bank $17.7 million 0.59 percent
Bank of America $316 million 0.58 percent
Centennial Bank of Conway $17.8 million 0.50 percent
Bank OZK $20.3 million 0.34 percent
First Security Bank $5.1 million 0.17 percent
Send this to a friend