Home BancShares Sets Aside Another $16.7M to Cover Hurricane Loan Losses
The parent company of Centennial Bank has now set aside $33.4 million to cover potential hurricane-related loan losses this year. It's also deferring loan payments for affected customers. read more >
Arkansas Accountants’ Annual Pay Averages $70,290
The annual mean wage of accountants and auditors in Arkansas was $70,290 as of May 2023, according to the U.S. Bureau of Labor Statistics. That compares with $70,660 in May […] read more >
Arvest Foundation Gives $102K to Organizations in Central Arkansas
The funds support organizations that are "actively working to create positive change for others," the foundation said in a news release. read more >
State Tax Revenue Rises 8.3% in November
The increase was driven by higher-than-expected returns in individual and corporate income taxes, coupled with lower-than-anticipated refund claims. read more >
Rock Dental Secures $90M in Funding to Continue Growth, Adds Chief Development Officer
With the new funding, Rock Dental is adding two new clinic partnerships in Birmingham, Alabama. read more >
George Makris to Return to CEO Role at Simmons Bank
Current CEO Bob Fehlman, who has held the role since 2023, is retiring. The company also announced the hiring of a new COO. read more >
State Tax Revenue Falls 4.5% in October
Gross revenue collections this year are down primarily due to corporate and individual income tax cuts, the Department of Finance and Administration said. read more >
Riverside Bank Sale Set at $10M
Plans are in motion for new investors to enter the ownership picture at Sparkman’s Riverside Bank through a $10.1 million transaction. read more >
by George Waldon -
First Financial Bank Names Sean Williams CEO, Craig Mobley President
First Financial Bank has appointed Sean Williams as the company’s CEO and Craig Mobley as the company's president. read more >
Jonathan Martin Named to Arvest Board in Central Arkansas
Martin is a Bryant City Council member and owner of Bryant Family Pharmacy. read more >
State Unemployment Rate Holds at 3.3% in September
There was year-over-year growth in construction, government and private education and health services, among other sectors. read more >
Simmons’ Q3 Income Falls 48% as Bank Takes Loss on Securities Sale
CEO Bob Fehlman said the bank offloaded certain lower-yielding bonds to "hasten the pace of our ongoing balance sheet optimization strategy." read more >
Bank OZK Income Rises 4% in Q3, Extending Streak of Record Profits
Earnings per share and revenue topped Wall Street expectations. read more >
Kate Davidson Joins Arvest Board in Central Arkansas
Arvest Bank of Fayetteville announced that Kate Davidson has been appointed to the lender’s local board of directors in central Arkansas. Davidson, a Benton native, serves as in-house counsel for […] read more >
Home BancShares’ Q3 Earnings Hit by Hurricane Helene, but Growth Continues
The holding company for Centennial Bank, which has 78 branches in Florida, set aside $16.7 million to cover loan losses in areas hit by the hurricane. read more >
White River Bancshares Posts Record Q3 Income, Searches for New CFO
The holding company for Signature Bank of Arkansas and Banco Sí attributed the results in part to its expanding net interest margin. read more >
Megan Henderson Named Controller of Generations Bank
She joins the bank from Farmers & Merchants Bank of Stuttgart, where she held the same role, along with the title of vice president, for more than six years. read more >
Blake Pond Joins Board of Farmers & Merchants Bank
Pond of Little Rock is a product manager in oncology at Johnson & Johnson with more than 15 years of experience in the health care industry. read more >
Arkansas Federal Credit Union Expands to Northeast Arkansas
The branch in Jonesboro is the $2.5 billion-asset lender's 22nd location in Arkansas. read more >
Chambers Bank Hires Jared Gabriele as Northwest Arkansas President
Gabriele brings more than 18 years of experience in the financial services industry to the job. read more >
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