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Metropolitan National Bank

Banking & Finance / Construction / Industry / Investments / Real Estate

Real Estate Price Spike Bypassed Little Rock Condos

The pandemic-fueled acceleration of home prices in the Little Rock market failed to register in a high-profile residential niche: Condominium sales in downtown’s 300 Third and River Market Tower projects didn’t inspire the same buying fervor that sent single-family home prices soaring. read more >
War Memorial Stadium
Banking & Finance / Media & Marketing / Public Companies / Real Estate

Simmons Bank in Negotiations for Naming Rights to Field at War Memorial Stadium

It's the second stadium sponsorship deal the growing bank has announced this month. read more >
Banking & Finance / Business Services / Construction / Investments / Legal / Real Estate / Retail

Schwyhart Meltdown Followed Hunt’s ExitLock Icon

Thirteen years ago, word began leaking out that one of the most dynamic commercial development partnerships in fast-growing northwest Arkansas was breaking up. read more >
George Makris, CEO of Simmons First National Corp., stands atop the state's tallest building, the Simmons Tower, in 2015.
Banking & Finance / Construction / Media & Marketing / Public Companies / Real Estate / Tourism

Simmons Bank Shouting Name From Rooftops

Verizon Arena in North Little Rock officially became Simmons Bank Arena on Oct. 3, marking the latest effort by the Pine Bluff bank to build brand visibility in central Arkansas. read more >
Armor Bank of Forrest City plans to be the third bank in five years to occupy this space on Cantrell Road in Little Rock.
Banking & Finance / Real Estate

Armor Bank Moves Into Former MNB Branch

Forrest City’s Armor Bank is looking to increase its Little Rock presence by setting up shop in a former Metropolitan National Bank branch. read more >
Darren McFadden
Banking & Finance / Business Services / Investments / Legal

Simmons Bank: Darren McFadden Gave Adviser Bank AccessLock Icon

Simmons First National Corp. has denied any wrongdoing in its handling of the bank account of Darren McFadden, the former Arkansas Razorback and NFL player. McFadden has blamed the Pine Bluff bank for failing to warn him about more than $10 million in cash withdrawals and transfers by his financial adviser. read more >
Greystone Country Club in Cabot has made about $25,000 worth of upgrades in the past year, co-owner Duane Jahner said.
Banking & Finance / Construction / Investments / Real Estate / Tourism

Greystone Country Club in Cabot Takes New Angle of Approach

Greystone Country Club in Cabot has been brought back from the brink by two residents of the golf course community, but a few dozen more members are needed to restore its financial health. read more >
The former Simmons Bank location at 804 Hogan Lane in Conway.
Banking & Finance / Real Estate

First Arkansas Bank & Trust Branches Out Into Conway

First Arkansas Bank & Trust of Jacksonville struck a $1.5 million deal to buy a Conway branch from Simmons Bank of Pine Bluff. read more >
Mitchell Massey looks over plans for a condo in the Legacy Building in Fayetteville.
Investments / Real Estate / Restaurants & Food / Retail

Condo Inventory Dwindles at 7-Story Legacy BuildingLock Icon

After crashing on takeoff, Fayetteville's Legacy Building is finally approaching full developmental realization under its fourth ownership group. read more >
Banking & Finance / Investments / Legal

Allcorp Follows Acme Holding Into Bankruptcy

The Chapter 11 filing by Little Rock’s Allcorp Inc. in July marks the third Arkansas bank holding company to enter bankruptcy court in four years. read more >
A Little Rock Chick-fil-A is under construction after a $1.8 million land deal.
Banking & Finance / Insurance / Nonprofits / Real Estate / Restaurants & Food / Retail

Chick-fil-A Site Rings Up $1.8 Million Transaction (Real Deals)

Chick-fil-A Inc. of Atlanta purchased the 2.34-acre site at the southwest corner of Bass Pro Drive and Interstate 30 Frontage Road from Bass Pro Outdoor World LLC of Springfield, Missouri. read more >
Allied Bank's last remaining operational presence in Little Rock at the corner of Kavanaugh Blvd and Fillmore Street.
Banking & Finance / Investments / Legal

Acme Holding: No Dividends Weigh Heavily

Did creditors representing $9.5 million worth of debt convince U.S. Bankruptcy Court Judge Ben Barry that Acme Holding Co. is a lost cause? A ruling in their favor could result in the second auction of an Arkansas bank in three years. read more >
George Makris
Banking & Finance / Investments / Public Companies

Simmons First 3Q Earnings Up 27 Percent

Simmons First National Corp. of Pine Bluff reports third-quarter earnings of $8.8 million, or 52 cents per share, up 27 percent from $6.9 million, or 43 cents per share, during the same quarter last year. Simmons also reported “core earnings” of $10.7 million, up 45 percent from the same quarter last year. read more >
Banking & Finance / Public Companies / Real Estate

Simmons First Continues To Prune Branches in Little Rock, Northwest Arkansas

Simmons First National Bank of Pine Bluff has sold off three more leftover Pulaski County branches. read more >
Banking & Finance / Real Estate

Purchases Spur Redevelopment Of Bank Branch Sites

Two competitors recently stepped into the Pulaski County banking market to replace Metropolitan National Bank and National Bank of Arkansas. Even with the redevelopment of four NBA branches, Pulaski County has no shortage of banking locations, with 199 full-service branches operated by more than two dozen lenders. read more >
Banking & Finance / Real Estate

First Arkansas Bank & Trust Also Absorbing Bank Branches

Larry Wilson, CEO of First Arkansas, confirms his bank's purchase of old Simmons branch in Jacksonville. And he threw in a couple more for good measure: the former Metropolitan branches at the intersection of Highways 321 and 89 in Cabot and at Kiehl and Brockington in Sherwood. read more >
Banking & Finance / Legal / Manufacturing / Small Business

Simmons First Seeks Foreclosure on Funk

Simmons First National Corp. of Pine Bluff has filed suit against a local manufacturer for some unpaid loans. According to the suit, filed in Pulaski County Circuit Court, the defendant is O.D. Funk Manufacturing Inc., a company that builds outdoor metal buildings like storage sheds and carports. read more >
Banking & Finance / Investments / Public Companies

Simmons First 1Q Profit Down 27 Percent

Simmons First National Corp. of Pine Bluff on Thursday reported a 27 percent decline in first-quarter profit but said "core earnings," which exclude one-time costs related to its purchase of Metropolitan National Bank of Little Rock, rose compared to the same quarter last year. read more >
The $53.6 million sale of Metropolitan National Bank generated money for creditors. (Photo by Mauren Kennedy)
Banking & Finance / Investments / Legal

Judge To Rule On Rogers Bancshares Liquidation Plan in March

As the Chapter 11 bankruptcy of Rogers Bancshares Inc. of Little Rock winds down, it looks like the secured creditors will be taken care of to the tune of nearly $45 million. read more >
Lunsford Bridges
Banking & Finance / Business Services

Former MNB CEO Lunsford Bridges Now Consulting for Simmons

Lunsford Bridges, long-time president and CEO of Metropolitan Bank, is now consulting for Simmons First National Bank, which acquired Metropolitan last year, in a "supervisory role." read more >