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Community First Bancshares Inc.

The twister was spawned by a storm that traveled a four-state path of destruction.
Banking & Finance / Business Services / Construction

Storm Fallout Unresolved for Simmons In Tennessee

Among the businesses hit hard last December by a tornado in Dresden, Tennessee, was a Simmons Bank branch that had its roof ripped open. read more >
George A. Makris Jr., chairman and CEO of Simmons First National Corp.
Banking & Finance / Business Services / Investments

Simmons, Home BancShares Set To Vault Into $10B Club

Arkansas membership in the $10 billion bank club should double by the end of September. Home BancShares Inc. and Simmons First National Corp. have two pending acquisitions that will help take them beyond $10 billion to join Arvest Bank Group Inc. and Bank of the Ozarks Inc. read more >
Banking & Finance / Investments / Public Companies

Community First Bancshares Price Tag Rises to $77M In Equity Deal

The potential value of the Community First Bancshares Inc. sale has climbed to more than $77 million since the deal was announced two months ago. read more >
Business Services / Investments / Public Companies

Wichita Bank Buys Community First Bancshares in $69M Deal

Equity Bancshares Inc. of Wichita said Thursday that it had agreed to purchase all outstanding shares of Community First Bancshares Inc. of Harrison in a deal worth about $69 million. The deal will require Community First to dispose of its $8.2 million ownership interest in White River Bancshares Inc. of Fayetteville, which controls Signature Bank of Arkansas and the Bank of Brinkley. read more >
Banking & Finance / Public Companies

Simmons First Gets Approval for 2 Acquisitions

The Federal Reserve has approved two previously announced acquisitions by Simmons First National Corp., the publicly traded bank holding company revealed in a filing with the Securities & Exchange Commission on Thursday. read more >
Banking & Finance / Investments / Public Companies

Simmons First Grabs Another One: First State Bank of Union City, Tennessee

Simmons First National Corp. of Pine Bluff is continuing its shopping spree by announcing a $243.4 million deal to buy Community First Bancshares Inc. of Union City, Tennessee, and its $1.9 billion subsidiary bank, First State Bank. read more >
Banking & Finance / Government & Politics

Community First Bancshares Exits TARP In the Black

The U.S. Treasury ended up with nearly $3.7 million more than it “loaned” to Community First Bancshares Inc. of Harrison. The $12.7 million that Uncle Sam invested in Community First was accomplished with preferred stock and warrants issued through the Capital Purchase Program. read more >
Banking & Finance / Business Services / Government & Politics

7 Arkansas Lenders Still Indebted to Treasury After TARP Relief

Seven Arkansas lenders remain under the umbrella of the U.S. Treasury’s TARP program in the aftermath of the 2008 financial meltdown. The group collectively received more than $126 million through the Capital Purchase Program-Troubled Asset Relief Program. read more >