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Small Banks, Small Commercial Loans

A deeper look at this week's business list: Small Commercial Lending by Arkansas Banks read more >
Banking & Finance / Construction / Industry / Investments / Real Estate

Bank Combo Yields Assets of $365M

The pending merger of Monticello’s Commercial Bank & Trust and Warren’s First State Bank will create a financial institution that will rank No. 41 among Arkansas-based banks based on total assets. read more >
Josh Brandt of Merchants & Planters Bank in Newport
Banking & Finance / Investments / Public Companies / Real Estate / Retail

Brandt Certified at Merchants & Planters (Movers & Shakers)

Josh Brandt of Merchants & Planters Bank of Newport has received certification from the American Bankers Association. read more >
Diana Smithson of Arvest Bank in Little Rock
Banking & Finance / Investments / Legal / Small Business

Smithson Joins Arvest Leadership Team in Little Rock (Movers & Shakers)

Diana Smithson has been hired as senior vice president and senior private banker at Arvest Bank in Little Rock. read more >
Jim S. Gowen Jr. of Merchants & Planters Bank in Newport
Banking & Finance / Government & Politics / Nonprofits

Gowen Chosen to Lead Community Bankers Board (Movers & Shakers)

Jim S. Gowen Jr. has been re-elected to the Independent Community Bankers of America Federal Delegate Board. read more >
Construction / Health Care / Investments / Real Estate / Retail / Tourism

Quality Inn Acquisition Checks In at Nearly $1.4M (Real Deals)Lock Icon

Sohang Krupa LLC, led by Jaiminbhai and Zalakben Patel, bought the 59-room hotel in Jacksonville. The seller is Shree Laxmi Krupa Inc., led by Chandrika Patel. read more >
Jeff Hobbs, president and CEO of Community State Bank in Bradley.
Banking & Finance / Business Services / Insurance / Investments / Small Business

Small Arkansas Banks Plow Onward in Face of AttritionLock Icon

If an annual trophy was given for the Arkansas bank voted least likely to survive, Community State Bank in Bradley could very well be a multiyear winner. read more >
Banking & Finance / Legal / Real Estate

Gusano’s Owner Sued Over Unpaid LoansLock Icon

It looks like legal problems are on the menu for Tim Chappell, owner of Gusano’s Chicago-Style Pizzeria. read more >
Chris Johnson, Little Rock market president for First Financial Bank, says community banks benefitted from the ICBA Think Tech Accelerator. They got a look at new tools and could form partnerships with the startups that completed the program, and those partnerships could help them better compete.
Banking & Finance / Business Services / Investments / Nonprofits

Community Bankers Tap Accelerator for New TechLock Icon

Community banks lack the financial and human capital of their larger counterparts to invest in research and development, but they need new technologies all the same. Partnerships with financial technology startups are a practical way to address this need, four of the state’s community bankers told Arkansas Business. read more >
An executive triumvirate is guiding the transformation of Capital Bank into Encore Bank. From left, Chris Roberts, chairman and CEO; Phillip Jett, vice chairman and president; and Burt Hicks, senior executive vice president, chief operating officer and general counsel.
Banking & Finance / Investments / Media & Marketing / Real Estate

Trio Gathers New Money to Relaunch Capital Bank as EncoreLock Icon

As chairman and CEO, Chris Roberts is leading the campaign to rebrand and relaunch Capital Bank with a $50 million stock offering. The 50-year-old banker considers his recent move from Simmons Bank to be a curtain call on his 27-year lending career. read more >
William Lazenby's Salem Village property
Banking & Finance / Construction / Legal / Real Estate

Peoples Bank Forecloses on Fayetteville DeveloperLock Icon

Peoples Bank of Westville, Oklahoma, has filed a foreclosure suit against Fayetteville developer William Lazenby. read more >
Little Rock painter Holly Tilley attends the Delta Visual Arts Show every year, staying at a motel in Newport.  Her prize-winning work from last year’s show sold for $2,500.
Agriculture & Poultry / Construction / Education / Government & Politics / Investments / Media & Marketing / Nonprofits / Restaurants & Food / Retail / Small Business / Tourism / Transportation

Annual Show Lets Newport Show Off Artists, and ItselfLock Icon

Starting next month, a resurgent downtown Newport will host events on 22 of 26 weekends, culminating in late September with Depot Days, the city’s signature music festival. read more >
First State Bank's drive-thru location in Crossett.
Banking & Finance / Business Services / Investments

Small Arkansas Bank Headcount Dwindles

Crossett’s First State Bank, the state's second-smallest bank, is on the path to becoming a part of Capital Bancorp Inc. read more >
Banking & Finance / Real Estate

Merchants & Planters Ready for 3rd Branch in Batesville

A Jackson County bank is moving to increase its presence in the neighboring $815 million-deposit Independence County market. read more >
Agriculture & Poultry / Banking & Finance

Crop Prices Create New Lending Landscape

Starting in July, soybean contracts started downward, hovering between $9.60 and $10 per bushel for the rest of the year. Bumper crops certainly depressed prices and uncertainties tied to federal farm bill legislation didn’t help either. read more >