IberiaBank Sheds Springdale Business Center for $1.78M
An OREO property of IberiaBank since 2011, the Springdale Business Center was purchased by Hillcrest Holdings LLC of Fayetteville, led by Robert Morgan and Gary Nichols. read more >
IberiaBank Promotes Jay Meador, Kirk Brinkley, Jennifer Smith
IberiaBank has announced the promotions of Jay Meador to senior vice president and commercial banker in Little Rock, Kirk Brinkley to vice president in Paragould and Jennifer Smith to vice president in Jonesboro. read more >
IberiaBank Buys Teche Federal in $161M Deal
IberiaBank of Lafayette, La., is announcing a $161 million deal to buy Teche Holding Co., of New Iberia, La. read more >
by Lance Turner -
Statewide Bank Deposits Dip Slightly, New FDIC Report Shows
Bank deposits in Arkansas declined by about a half-percent in the 12 months that ended June 30, according to the annual summary of deposits released Monday by the Federal Deposit Insurance Corp. Total deposits statewide dropped back to $53.1 billion, down $267.6 million in a year. read more >
by Gwen Moritz -
In Low-Interest Climate, Banks Spend Cash To Lure Customers
If you think you’ve seen more bank promotions offering cash in exchange for opening a checking account, you’re right. read more >
by Jan Cottingham -
Bearden’s Anthony Timberlands Ramps Up Shifts as Housing Improves
Steve Anthony, president of Anthony Timberlands Co. since 2004, says business is better (the glass is half full), but the housing market is still nowhere near what he considers “sustainable” levels for his wood products company (the glass is half empty). read more >
by Jan Cottingham -
Bank Failures, Acquisitions Slowing Down
The flood of FDIC-assisted bank acquisitions that Johnny Allison once called a “generational opportunity” for his Home BancShares Inc. of Conway has slowed to a trickle. read more >
Jerry Carmichael Leaves IberiaBank, Mark Mizelle Signs On in Northwest Arkansas
Jerry Carmichael, the northwest Arkansas market president for IberiaBank since June 2011, has left IberiaBank in what the company calls "an amicable split." read more >
Phillip Jett Named Central Arkansas President at IberiaBank
Phillip Jett, a 20-year banking veteran, was IberiaBank's Northeast Arkansas president. Before joining the company, he was Arkansas manager of commercial business banking and private banking for Regions Financial Corp. read more >
by George Waldon -