Bank of England
Clinton Foundation Buys Heifer HQ for $27M (Real Deals)
The Clinton Foundation bought Heifer's $27M downtown campus; other Pulaski County deals include homes, warehouses, and medical and retail sites. read more >
by George Waldon -
Towne Center Sale Closes at $4.3M (Real Deals)
MTC Baseline LLC, an affiliate of Denver’s Baceline Group, acquired the 34,418-SF commercial project in Maumelle. read more >
by George Waldon -
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 >
by George Waldon -
Chenal Tract Hosts $6M Transaction (Real Deals)
Chenal Lot 8 Development Co. LLC acquired the 12.2-acre commercial site in west Little Rock. read more >
by George Waldon -
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 >
by George Waldon -
Bank of England Hit With $1.5M Penalty for Deceptive Loan Practices
The FDIC handed down the penalty after a string of violations at Bank of England's former loan production office in West Bloomfield, Michigan. read more >
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 >
by George Waldon -
FDIC Sanctions Nine Bank of England Mortgage Employees
Federal bank regulators said a branch in suburban Detroit engaged in bait-and-switch tactics and other systemic deception of customers. read more >
by Gwen Moritz -
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 >
by George Waldon -
Rising Interest Rates Force Bank of England to Cut Costs
The Federal Reserve’s seven interest rate increases last year raised borrowing costs and dried up loan demand, battering Bank of England’s nationwide mortgage operation. read more >
by George Waldon -
FDIC Fines Bank of England Nearly $130K for ‘Deceptive’ Loan Claims
The Arkansas-based mortgage lender waived its right to a hearing on the matter. read more >
Wilmington Apartments Hosts $8M Transaction (Real Deals)
An affiliate of RREAF Holdings of Dallas bought the 120-unit apartment complex at 617 Donovan Briley Blvd. in North Little Rock. read more >
by George Waldon -
Distribution Center Tops $20.7M Mark (Real Deals)
Glen Una Holdings Little Rock LLC of Los Gatos, California, purchased the 104 Champs Blvd. project from RCS-Little Rock LLC, an affiliate of Real Capital Solutions of Louisville, Colorado. read more >
by George Waldon -
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 -
FBT Bank & Mortgage Hires Three in Jefferson County (Movers & Shakers)
Joni Alexander, Ricky Ferguson and Shannon Robinson have been hired to serve two Jefferson County FBT Bank & Mortgage locations. read more >
Central Arkansas Taco Bell Deals Ring Up Combined $3.8M
Fast-food outlets in Bryant and Conway, land on the western edge of Little Rock, foreclosed property in Lonoke County, an office-warehouse in North Little Rock and upscale residential lots in west Little Rock provide this week’s grouping of million-dollar real estate transactions. read more >
Feds Ask To Sell One Bank & Trust
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. read more >
by George Waldon -
Walton College of Business Scholarship Reaches Out to ‘Underrepresented’
Among the items on his to-do list as dean, Matt Waller said, is ensuring the success of the Fleischer Scholars Program, a scholarship program that seeks to draw students from “underrepresented” parts of Arkansas to the Walton College of Business. read more >
by Jan Cottingham -
Return on Equity: Top 14 Performers Dot Arkansas
Fourteen lenders based in Arkansas produced returns on equity (ROE) that topped 13 percent during 2014. The banks were scattered across the state and represented some of the largest and smallest financial institutions. read more >
by George Waldon -
Bank of England Rules ROE List
Ranking banks by assets, as Arkansas Business did in May, provides a good idea of the presence each bank has in the lending market. But if you want to know who is making money for stockholders most efficiently, ranking by return on equity is the way to go. read more >
by Gwen Moritz -
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