Federal Deposit Insurance Corp.
Before CEO’s Arrest, Evolve Bank Pitched a Fintech Comeback Story
The troubled West Memphis bank had been setting the stage for a rebound from litigation, regulatory enforcement and a data breach. read more >
by Griffin Coop -
![RiverBank of Pocahontas was victimized in an embezzlement plot that led to a guilty plea by a former loan officer in 2023. [Google Maps]](https://arkansasbusiness.wppcdn.com/wp-content/uploads/2025/04/Screenshot_2025-03-28_at_4.17.09e280afPM_opt-300x194.jpg)
FDIC Fines Former RiverBank Loan Officer Over $88K Embezzlement Case
Former RiverBank loan officer Bryan Dalton was fined $35,000 by the FDIC and banned from banking after embezzling nearly $88,000 from clients. read more >
by Mark Friedman -
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 >
Pig Butchering (Gwen Moritz Editor’s Note)
A Kansas bank failure reminds me of episodes closer to home. read more >
by Gwen Moritz -
Arkansas Bank Deposit Growth Slows to 1.5%
It's the slowest growth since 2014, bringing total deposits to slightly more than $97 billion as of June 30. read more >
by Gwen Moritz -
First Service to Open a Full-Service Branch in Maumelle
The branch is scheduled to open in 2024. read more >
by George Waldon -
Bank Deposit Growth Settles Down After COVID
Statewide deposit growth slowed to 5.5% after two consecutive years in which COVID stimulus cash fueled unusually strong deposit growth. read more >
by Gwen Moritz -
So Much Fraud (Gwen Moritz Commentary)
There’s always a lot of fraud. But there really has been more of it lately. read more >
by Gwen Moritz -
Arvest No. 1 Bank by Assets, But List is Shuffling
A near 10% increase in assets helped push Arvest to the top of Arkansas Business’ annual list of the state’s biggest banks, but more changes are in store as the runners-up prepare to close significant acquisitions. read more >
by Lance Turner -
In-state Bank Deposits Grow by 9.6% Over Past Year
Arkansas bank deposits exceeded $90 billion on June 30, an increase of 9.6% in 12 months and almost identical to the national trend line. read more >
by Gwen Moritz -
Walmart Offering Financial Tools, Fintech Plans
Walmart insists it doesn’t want to be a bank, but it’s surely acting like one. read more >
by Mark Friedman -
Stone Bank CEO Appointed to National Committee
Marnie Oldner of Stone Bank of Mountain View joins the Federal Deposit Insurance Corp.’s Advisory Committee on Community Banking. read more >
Virus Relief Leaves Arkansas Banks Awash in Deposits
COVID-19 has taken a toll on bank profitability, but the combination of federal relief money and pandemic-induced financial caution created a temporary glut of deposits. read more >
by Gwen Moritz -
New Pitch for Bank Charter Takes Flight
Randy Dennis’ firm, DD&F Consulting Group of Little Rock, has been involved in something that’s even more unusual than a bank acquisition in 2020: a brand-new bank charter. read more >
Cave City Embezzler Banned from Banking Industry
The Federal Deposit Insurance Corp. in June finished up some housekeeping by permanently banning Carrie C. Porter of Cave City from the banking industry. read more >
Arkansas Bankers Seize a National Moment
George Floyd’s death in May in Minneapolis set off protests against police brutality and racism nationwide, but it had an unforeseen effect on Arkansas banking. read more >
by Marty Cook -
Bank OZK Packs Little Rock With New Deposits
Bank deposits in Arkansas grew by 6.5% in the 12-month period that ended June 30, outpacing the national growth rate of 4.2% and topping $70 billion for the first time, according to data released in September by the Federal Deposit Insurance Corp. read more >
by Gwen Moritz -
Home Bank Takes Second-Quarter Lick
Portland’s Home Bank of Arkansas posted a $640,000 loss for the quarter ending June 30. read more >
by George Waldon -
Looking for Latino Business, First Community’s Miguel Lopez Speaks the Language
Miguel Lopez, bilingual and bicultural, says working for First Community Bank of Batesville has been his “dream job.” read more >
by Marty Cook -
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