Virus Relief Leaves Arkansas Banks Awash in Deposits
COVID-19 has taken a toll on bank profitability, but the combination of federal relief money and pandemic-induced financial caution created a temporary glut of deposits. read more >
by Gwen Moritz -
Susannah Marshall Named State Bank Commissioner
Gov. Asa Hutchinson has appointed Susannah Marshall as the next Arkansas State Bank Department commissioner. read more >
Southern Bancorp On the Move
Arkadelphia’s Southern Bancorp Bank will be relocating its west Little Rock operations into leased space formerly occupied by the State Bank Department. read more >
by George Waldon -
State Bank Commissioner Candace Franks Predicts Ownership Trends in ’20
Candace Franks, the Arkansas state bank commissioner, says total assets under supervision have almost doubled since 2012. read more >
State Bank Department Promotes Five (Movers & Shakers)
Bob Henry has been promoted to assistant deputy commissioner at the Arkansas State Bank Department in Little Rock. read more >
Bob Roberts Named COO at Legacy Capital (Movers & Shakers)
Bob Roberts, a former CFO of Baptist Health, is now chief operating officer of Legacy Capital. read more >
Kelley Linck Shifts to Lobbying Group (Movers & Shakers)
Kelley Linck will join the Mullenix & Associates lobbying firm in Little Rock in mid-October. read more >
Crews & Associates Add Two to CMG (Movers & Shakers)
Alyssa Arthur and Weston Woodruff have joined the Capital Markets Group as analysts at Crews & Associates in Little Rock. read more >
Alan Price Set at Citizens Bank (Movers & Shakers)
Alan Price has joined Citizens Bank of Batesville as a commercial loan officer. read more >
Abaca Prepares to Bank Marijuana Businesses, Customers
A Little Rock company that originally planned to offer medical marijuana consumers a cashless method for filling their prescriptions has broadened its scope to include financing for marijuana-related businesses. read more >
by Gwen Moritz -
Centennial’s Lorre Goodkin Certified by ABA (Movers & Shakers)
Lorre Goodkin has been awarded the Certified Trust & Financial Advisor professional certification from the American Bankers Association. read more >
Bank OZK Adds Drew Mentzer (Movers & Shakers)
Drew Mentzer has joined the Bank OZK team in Little Rock as assistant vice president and commercial lender. read more >
John Bridges to Lead State Employees Association (Movers & Shakers)
John Bridges has been appointed executive director of the Arkansas State Employees Association in Little Rock. read more >
Branch Banks’ Death Rumors Are Exaggerated
In Arkansas, the number of new bank offices appears to have popped up in the past 12 months after a decade in which the count declined by more than 10 percent. read more >
by Gwen Moritz -
BancorpSouth Bank Promotes Pair in Northwest Arkansas (Movers & Shakers)
Jeff Cude of Fayetteville has been promoted to president of the northwest Arkansas market for BancorpSouth Bank and Robin Simpson has been promoted to community bank president in Rogers. read more >
Katherine Harris Advances at Citizens Bank (Movers & Shakers)
Katherine Harris has been promoted to assistant vice president and retail branch manager of Citizens Bank in Batesville. read more >
Anatomy of a Leak (Gwen Moritz Editor’s Note)
A Trump voter of my acquaintance referred to Michael Avenatti as “that idiot attorney for Stormy Daniels.” May all of us be represented by such idiots. read more >
by Gwen Moritz -
Gary Griffin Promoted to EVP at Stone Bank (Movers & Shakers)
Gary Griffin has almost 40 years of U.S. Small Business Administration lending experience and is a past board member of the National Association of Government Guaranteed Lenders. read more >
Matt Twyford Promoted to Senior Position at AEDC (Movers & Shakers)
Matt Twyford has been named senior agency manager for community development at the Arkansas Economic Development Commission in Little Rock. read more >
Grant Gordy Added to First Community Bank Branch in Little Rock (Movers & Shakers)
Grant Gordy of Conway has been hired as vice president of treasury management for the new Little Rock branch of First Community Bank of Batesville. read more >