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First Federal Bancshares of Arkansas Inc.

Banking & Finance / Investments / Public Companies

Bear State Posts $2.3M Profit in 1Q

The publicly traded holding company for Bear State Bank collapsed three bank charters in the first quarter. read more >
Banking & Finance / Investments / Public Companies

First Federal Bancshares Changes Name to Bear State Financial

First Federal Bancshares of Arkansas Inc. of Harrison is now Bear State Financial Inc. The name change approved by shareholders on March 21 became effective Tuesday. read more >
Banking & Finance / Investments / Public Companies

First Federal Bancshares Plans Stock Buyback

First Federal Bancshares of Arkansas Inc., the holding company for First Federal Bank of Harrison and prospective buyer of First National Bank of Hot Springs and Heritage Bank of Jonesboro, announces the buyback of up to $1 million worth of publicly traded stock. read more >
Banking & Finance / Investments / Public Companies

First Federal Bancshares to Vote on Name Change, $20M Private Placement

Shareholders in First Federal Bancshares of Arkansas Inc. of Harrison will vote on a name change to Bear State Financial Inc. and a $20 million private placement, according to a filing Friday with U.S. Securities and Exchange Commission. read more >
John H. Hendrix
Banking & Finance / Investments

$129.1 Million Payout Awaits Hendrix Clan

The pending sale of First National Security Co. of Hot Springs will result in a $129.1 million payday for the family of John H. Hendrix. The cash-stock combo transaction with Harrison’s First Federal Bancshares of Arkansas Inc. is valued at about $134.2 million. read more >
Banking & Finance

First Security Bank to Buy Fayetteville First Federal Branch

First Security Bank of Searcy reaches a deal with First Federal Bank of Harrison to purchase the assets and deposits of the First Federal branch at 191 West Main in Farmington, near Fayetteville. read more >
Banking & Finance / Investments / Public Companies

More Details Of First Federal Bancshares’ Acquisition of First National Security

First Federal Bancshares of Arkansas Inc. of Harrison on Wednesday released additional details about the $129 million acquisition of First National Security Corp., announced on Monday. read more >
Christopher M. Wewers
Banking & Finance

UPDATE: First Federal to Acquire First National of Hot Springs, Heritage Bank of Jonesboro

First Federal Bancshares of Arkansas, the publicly traded parent company of First Federal Bank of Harrison, announced Monday a deal to acquire First National Bank of Hot Springs and Heritage Bank in Jonesboro in a deal worth almost $124 million. read more >
Christopher M. Wewers
Banking & Finance / Investments / Public Companies

Chris Wewers, Incoming CEO, Gets 46 Percent Pay Boost at First Federal

The CEO in-waiting at Harrison's First Federal Bancshares of Arkansas Inc. recorded the biggest gain in total compensation among the company's four top executives. read more >
Christopher M. Wewers
Banking & Finance / Public Companies

Christopher Wewers Elected CEO of First Federal Bancshares

First Federal Bancshares of Arkansas Inc. of Harrison says president and COO Christopher M. Wewers will be CEO of company and its bank, First Federal Bank, effective June 30. read more >
Brandon Barber
Legal / Real Estate

Brandon Barber, 4 Others Indicted for Fraud, Money Laundering

Former northwest Arkansas real estate developer Brandon Barber has been arrested in New York and charged with multiple counts of bank fraud, money laundering, conspiracy to commit bankruptcy fraud, bankruptcy fraud, false statements and concealment of assets read more >
W. Dabbs Cavin, CEO of First Federal Bancshares of Arkansas Inc. of Harrison.
Banking & Finance / Government & Politics / Investments

OCC Ends Cease & Desist Order Against First Federal Bank

First Federal Bank says the Office of the Comptroller of the Currency has ended the April 2010 cease and desist it held against the bank. CEO W. Dabbs Cavin calls the end of the order "a significant milestone and a major step forward for First Federal." read more >
Christopher M. Wewers
Banking & Finance / Public Companies

Christopher Wewers Named President of First Federal Bancshares

First Federal Bancshares of Arkansas Inc. of Harrison makes Christopher M. Wewers president of the company and its wholly-owned subsidiary, First Federal Bank. read more >
Banking & Finance / Government & Politics / Investments / Public Companies

3 of 4 Arkansas Bank Stocks Climb in Value During 2012

First Federal, Home BancShares and Bank of the Ozarks enjoy stock gains during 2012 while Simmons First declines 10 percent. read more >