Layton “Scooter” Stuart
How the Goldens Ruled: Fed Report on Allied Notes Self-Dealing, Insider Abuse
The narrative of the report is dominated by criticism of the Goldens, by title rather than name, and the bank board they held sway over. read more >
by George Waldon -
One Bank, Heartland End 2017 with Loss
Little Rock’s One Bank & Trust pushed its string of consecutive quarterly operational losses to 22 as of Dec. 31. Heartland Bank ended the year with a loss of more than $13.7 million. read more >
by George Waldon -
OCC Order Wraps Up Dispute Over One Bank Loans
The Office of the Comptroller of the Currency in August tied up a loose end left dangling for years at Little Rock’s One Bank & Trust. read more >
by George Waldon -
Heartland, One Bank Rack Up More Losses
The second-quarter results continued in the red at two Little Rock banks doing business under regulatory agreements. read more >
by George Waldon -
More Red Ink for One Bank & Trust
Little Rock’s One Bank & Trust posted another quarterly loss: $1.6 million. The red ink during the first quarter marked a continuation of a trend that dates back nearly five years. read more >
Date Set for One Bank & Trust Sale
Standing first in line for the court-ordered sale of controlling interest in Little Rock’s One Bank & Trust is the United States of America, with a potential credit bid of up to $47.9 million. read more >
Feds Ask To Sell One Bank & Trust
A change of ownership is in motion for Little Rock’s One Bank & Trust. The U.S. government has asked for a court-ordered stock sale of controlling interest in the $305 million-asset bank. read more >
by George Waldon -
One Bank & Trust: Sell or Build Capital Base
Little Rock’s One Bank & Trust continues to operate under an unusual arrangement more than four years after the ouster of its owner and CEO, Layton “Scooter” Stuart. read more >
by George Waldon -
Gary Rickenbach Gets 2 Years of Probation, 100 Service Hours
Gary Rickenbach is sentenced to two years of probation and 100 hours of community service in exchange for pleading guilty to failing to report a crime. read more >
by Gwen Moritz -
Presumed Innocence II (Gwen Moritz Editor’s Note)
When the U.S. Attorney’s Office in Little Rock is involved, the presumption of a defendant’s innocence must be more than theoretic, and confidence that the power of the government is being used fairly and wisely must be tempered.” read more >
by Gwen Moritz -
Michael Heald, Bradley Paul Acquitted in Bank Fraud Case
Two former One Bank & Trust executives were found not guilty Monday after a three-week jury trial in federal court in Little Rock. read more >
by Gwen Moritz -
Two Former One Bank Execs Set for October Trial
The knottiest white-collar criminal case in recent memory should finally go to trial next month, but only half of the original defendants will face the jury. read more >
Property, Cash Included in One Bank’s Settlement with BHL
Johnelle Hunt’s BHL Financing LLC received assets valued at $2.8 million in its settlement with Little Rock’s One Bank & Trust. read more >
Settlement Reached Between One Bank, BHL Financing
The litigation between Johnelle Hunt’s BHL Financing LLC and Little Rock’s One Bank & Trust is no more. read more >
Trial Set for June 1 for Former One Bank Execs
The federal criminal trial of two remaining defendants formerly of One Bank & Trust of Little Rock is still scheduled to start next week, although indications are that it will be June 1 rather than May 30. read more >
One Bank & Trust Capitalization Plan Forms
Little Rock’s One Bank & Trust hasn’t generated a normal quarterly profit since the Office of the Comptroller of the Currency ousted Layton “Scooter” Stuart as CEO in September 2012. read more >
by George Waldon -
Calling Out Boss Hogg (Gwen Moritz Editor’s Note)
Federal Reserve examiners will be trained to look for signs of a bank executive who dominates subordinates or assumes too many roles. You and I might call him a Boss Hogg. read more >
Arkansas Surgical Hospital Registers $56.6 Million Sale (Real Deals)
Broadstone Ash Arkansas LLC, an affiliate of Broadstone Real Estate of Rochester, New York, bought the Arkansas Surgical Hospital at 5201 Northshore Drive. read more >
by George Waldon -
Scooter Stuart’s Fall Still Feeds Litigation
Only a handful of lawsuits that erupted from the upheaval at One Bank & Trust continue to wind through the court system. read more >
by George Waldon -
Another OneFinancial Asset Eyed by Johnelle Hunt’s BHL
BHL Financing is making a claim on $1.2 million worth of trust-preferred shares issued by West Tennessee Bancshares Inc., holding company for the $337 million-asset Bank of Bartlett. read more >
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