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Banking

Central Bank Forms Holding Company

Central Bancshares Inc., the new holding company, will become the owner of the $674 million-asset lender.

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.

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.

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.

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 >
Banking & Finance / Construction / Public Companies

3 Tornado-Hit Bank Branches Remain Closed

West Little Rock branches operated by Pine Bluff’s Simmons Bank and Batesville’s Citizens Bank were put out of action by a March 31 twister, along with an Eagle Bank & Trust office at 2310 E. Kiehl Ave. in Sherwood. read more >
Banking & Finance / Business Services / Nonprofits

Registration Kicks off for VenCent 2023 Fintech Summit

The Venture Center of Little Rock's inaugural summit in 2022 attracted hundreds of U.S. banks and global fintech companies. read more >
A Bank OZK branch in Houston, Texas
Banking & Finance

Bank OZK Spends Less to Make a Dollar

“Most banks with a good efficiency ratio focus relentlessly on controlling costs,” said George Gleason, chairman and CEO of the $27.6 billion-asset lender. “We take a different approach. read more >
Jeff Hobbs, president and CEO of Community State Bank
Banking & Finance

Community State Bank Forms Holding Company

The corporate move is a loose end from the $2.6 million bankruptcy court sale of Bradley’s Community State Bank in February 2019. read more >
A Stone Bank location
Banking & Finance

Stone Bank Draws $88M-$90M Deal

Where the final price lands depends on the adjustments at closing. read more >
Banking & Finance

Stone Bank Overcomes Rocky Start

The pending sale of Stone Bancshares Inc. and its $650 million-asset Stone Bank of Mountain View provides the latest twist in the story of the 67-year-old franchise. read more >
The former HomeBank branch at 8800 Stagecoach Road in Little Rock.
Banking & Finance

HomeBank Owners Divvy $11.8M in Cash

Barksdale Federal Credit Union of Bossier City, Louisiana, agreed to pay $11.8 million for the $65.2 million-asset HomeBank of Arkansas. read more >