Community First Bancshares Inc.
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 >
by George Waldon -
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 >
by George Waldon -
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 >
by George Waldon -
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 >
by Lance Turner -
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 >
by Gwen Moritz -
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 >
by Gwen Moritz -
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 >
by George Waldon -
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 >
by George Waldon -