Encore Bank
Bank OZK Tops Arkansas Banks in Financial Efficiency for 2024
Bank OZK set the pace for financial efficiency among Arkansas banks in 2024, spending just 33 cents per dollar of revenue while maintaining strong returns on equity. read more >
by George Waldon -
![Beach Abstract Building at 100 Center St. [Google Maps]](https://arkansasbusiness.wppcdn.com/wp-content/uploads/2025/03/20250312_085831_opt-scaled-e1743187494602-300x194.jpg)
Beach Abstract Buy Closes at $3.5M (Real Deals)
A 26,326-SF office building in downtown Little Rock tipped the scales at $3.5 million. read more >
by George Waldon -
FNBC Debt Offering Tops $7.2M
Ash Flat-based FNBC Bancorp Inc. completed its second $7.25 million subordinated debt offering late last year, following a similar 2019 raise that bolstered its bank’s capital. read more >
by George Waldon -
Promotions Announced at Encore Bank, Hendrix College & Visit Bentonville (Movers & Shakers)
Discover the latest leadership moves in Arkansas across banking, health care, nonprofits, and more, featuring key hires, promotions, and board appointments. read more >
Encore Bank, UAMS, AEDC Announce New Leadership & Promotions (Movers & Shakers)
Notable moves include Amy Brown joining Washington Regional and Eric Movassaghi stepping into the CFO role at Encore Bank. read more >
NLR Circle K Sale Tops $4.2M Mark (Real Deals)
A 3,600-SF convenience store in North Little Rock weighed in at $4.23 million. read more >
by George Waldon -
Encore Bank Hires Eric Movassaghi as CFO
He joins the bank from First National Bank of Louisiana, a Lafayette-based lender where he held the same title. read more >
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 -
Arkansas Businesses Face Growing Need for Cyber Insurance as Cyberattacks Increase
As cyber criminals grow more sophisticated and attacks more frequent, businesses face a reality in which cyber liability insurance is no longer optional. read more >
by Chloe McGehee -
Encore Bank Shifts Focus to Profitability After Roller-Coaster Growth
The leadership at Encore Bank anticipated expenses would outpace income during 2019-22 because the Little Rock venture was operating in fast-track growth mode. However, the up-and-down quarterly performance envisioned to even out during 2023 didn’t. read more >
by George Waldon -
The Springs Purchase Surpasses $9.2M (Real Deals)
The 139-room nursing home in west Little Rock weighed in at $9.25 million. read more >
by George Waldon -
Phillip Jett Named CEO of Encore Bank
Jett had been acting CEO since late April, when Chris Roberts resigned as the Little Rock bank's chief executive. read more >
Clark Contractors Buys New Home (Real Deals)
Clark Contractors purchased a 39,452-SF office building in west Little Rock for $7.5 million. 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 -
Private Firms List Led by Blue Cross
Seventeen private companies owned and headquartered in Arkansas are believed to have had revenue of more than $1 billion in 2023. read more >
by Gwen Moritz -
Consolidation: 2 Banks Form $246M Lender
Sister banks owned by Smith Associated Banking Corp. of Hot Springs are merging operations to create a $246 million-asset lender. read more >
by George Waldon -
Women’s Foundation of Arkansas Announces Awards (Movers & Shakers)
Nirvana Manning, Lenore Trammell, Cathy Tuggle, Shamin Okolloh & Marnie Oldner were all honored by WFA. read more >
Encore Bank CEO Chris Roberts Resigns
Phillip Jett, vice chairman and chief banking officer, was named acting CEO and chairman. read more >
by George Waldon -
RiverBank Buys Into Paragould
RiverBank of Pocahontas is adding a third northeast Arkansas market to its footprint. read more >
by George Waldon -
Miguel Lopez to Lead Hispanic and Latino Outreach at Southern Bancorp
Lopez will lead the strategy and outreach behind Southern Bancorp's expansion of services for Hispanic and Latino customers and prospective customers. read more >
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