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Banking

Chris Gosnell, CEO of Farmers Bank & Trust of Magnolia: “How do we get younger people into the industry and how are we recruiting that talent and retaining it once we have it?” [Jason Burt]

Estate Tax Change Brings Hope for Small Banks

Amid a long-term decline in community banking, a provision in the One Big Beautiful Bill Act could help preserve family-owned banks serving rural areas.

Banks Get Tax Break On Ag Loans

A new law lets banks deduct 25% of interest income on qualifying ag loans, easing farm credit competition.

Bank OZK Expands in Texas & Georgia With Three New Branches

Meanwhile, Arvest and Sterling Bank are growing their branch networks in Kansas and Arkansas.

Union Bank Upgrades Russellville Operation

Union Bank is expanding in Russellville with its first full-service branch, while Bank OZK adds four new locations in North Carolina.

Banking & Finance / Investments

Bank OZK Tops Arkansas Banks in Financial Efficiency for 2024

Bank OZK set the pace for financial efficiency among Arkansas banks in 2024, spending just 33 cents per dollar of revenue while maintaining strong returns on equity. read more >
Banking & Finance / Investments / Real Estate

FNBC Debt Offering Tops $7.2M

Ash Flat-based FNBC Bancorp Inc. completed its second $7.25 million subordinated debt offering late last year, following a similar 2019 raise that bolstered its bank’s capital. read more >
Banking & Finance / Construction / Investments

First Community Bank, Bank OZK Expand Footprints

First Community Bank is expanding in Harrison with a second full-service branch, while Bank OZK is growing its presence in Tennessee and Florida with multiple new locations. read more >
Banking & Finance / Investments

Central Bank Forms Holding Company

Central Bancshares Inc., the new holding company, will become the owner of the $674 million-asset lender. read more >
Banking & Finance / Industry

Encore Bank & Bank of England Up And Down in 2024

Encore Bank sees modest gains, Bank of England struggles with losses, and Bank OZK expands its southeastern footprint with new branches in Georgia and Florida. read more >
Banking & Finance / Industry / Investments

Bank Combo Builds Assets to $539M

The pending merger of two northeast Arkansas lenders will create the state’s 35th-largest bank, with total assets of $539 million. read more >
Banking & Finance / Construction / Industry

Academy Bank Plans On Entering Rogers

The addition of Academy will expand the competitive field of banks in Rogers to 24, of which six hold at least a 5% share of deposits in the market. read more >
Banking & Finance / Construction / Industry

Grand Savings Grows Footprint in Northwest Arkansas

Grand Savings Bank is expanding its Benton County footprint to seven locations with the addition of a Centerton branch. read more >
Bank of England headquarters at the Main and Fordyce streets. Since 2002, the bank has developed a billion-dollar mortgage origination business.
Banking & Finance / Construction / Industry

Red Ink Follows 2 Banks Into 2024

Little Rock’s Encore Bank posted a $1.6 million loss in the first quarter, while Bank of England recorded a $1.5 million loss. read more >
Banking & Finance / Construction / Industry

Consolidation: 2 Banks Form $246M Lender

Sister banks owned by Smith Associated Banking Corp. of Hot Springs are merging operations to create a $246 million-asset lender. read more >
Banking & Finance / Construction / Industry

Bank Combo Yields Assets of $365M

The pending merger of Monticello’s Commercial Bank & Trust and Warren’s First State Bank will create a financial institution that will rank No. 41 among Arkansas-based banks based on total assets. read more >
Banking & Finance / Industry / Real Estate

Banking on Change: Profit Proves Elusive For Two Out of Three Banks

A trio of banks that started 2023 with a quarterly loss meandered their way to mixed results at year’s end. read more >
Banking & Finance / Industry / Real Estate

Southern Bancorp Adds 20th Branch in Mississippi

Meanwhile, Simmons Bank is opening new branches in Tennessee and Texas. read more >
Banking & Finance / Investments

RiverBank Buys Into Paragould

RiverBank of Pocahontas is adding a third northeast Arkansas market to its footprint. read more >
Banking & Finance / Public Companies / Real Estate

Sister Banks Set Merger For Q1 of Next Year

The pending merger of the two lenders owned by Mena’s Union Bankshares Inc. will create a bank that ranks among the 30 largest in Arkansas. Based on Sept. 30 financial […] read more >
Banking & Finance / Construction / Real Estate

Bank OZK Sets Sights on Jonesboro

Little Rock’s Bank OZK is adding Jonesboro to its Arkansas roster of 74 full-service locations. read more >
Banking & Finance / Construction / Investments

Today’s Bank Expands to Benton County

The $332 million-asset lender is poised to start doing business through a newly built 2,800-SF full-service branch at 181 Slack St. in Pea Ridge. read more >
Banking & Finance / Construction / Real Estate

First Service to Open a Full-Service Branch in Maumelle

The branch is scheduled to open in 2024. read more >
Construction / Real Estate

JPMorgan Works On NWA Network

The $3.2 trillion-asset lender is now pursuing a Bentonville location instead of Rogers. read more >
Encore Bank’s 4,547-SF office in the Bailey South redevelopment in downtown Winston-Salem, North Carolina, is its newest full-service branch.
Banking & Finance / Investments

3 Arkansas Banks Start 2023 With Varied Profitability

The banking trio that recorded year-end losses produced mixed results during the first quarter of 2023. read more >