Milton Smith

Sharp-eyed lawyering resulted in a shorter prison term for Peggy Sutton, the last of three defendants to be sentenced for stealing almost $4 million from First National Bank of Lawrence County, and it could bode well for her co-conspirators. read more >

Brenda Montgomery was sentenced to 57 months in federal prison and three years of supervised release for her part in stealing nearly $4 million from First National Bank of Lawrence County, where she was a teller. read more >

Three former employees of First National Bank of Lawrence County who have already pleaded guilty to conspiracy to commit bank fraud scheduled to be sentenced in federal court in Little Rock later this week. read more >

Brenda Montgomery and Cindy Tate, both of Walnut Ridge, pleaded guilty on Tuesday, and Peggy Sutton of Biggers admitted guilt on Wednesday. They will be sentenced at a later date. read more >

The Walnut Ridge lender received an insurance settlement of almost $2.7 million, pumped its equity capital back above $20 million and ended 2015 with net income of $1.27 million. That compares with $2.7 million in 2014. read more >

First National Bank of Lawrence County has been the victim of a fraud valued at approximately $3.9 million, President and CEO Milton Smith has acknowledged. read more >