OneFinancial Corp.
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 -
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 >
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 -
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 >
BHL Makes Claim Against OneFinancial on Maumelle Office Building
Johnelle Hunt, through BHL Financing LLC, filed a lien on the Parker Building in Maumelle in connection with a default judgment of $14.7 million against OneFinancial, the holding company of One Bank & Trust. read more >
Investment Group Headed by Johnelle Hunt Alleges Fraud in One Bank Lawsuit
Extraordinary items have provided the $329 million-asset One Bank & Trust with three quarterly respites from losses during the past 18 months. But more courtrooms await the bank since being sued by BHL Financing read more >
Settlement Will Boost One Bank’s Capital
A financial decision that Layton “Scooter” Stuart made in the weeks preceding his death in March 2013 is breathing fiscal life into Little Rock’s One Bank & Trust. The de facto capital injection is happening in a way that he didn’t plan and couldn’t have foreseen. read more >
by George Waldon -
One Bank Announces Settlement Over ‘Scooter’ Stuart Money
One Bank & Trust of Little Rock on Thursday announced the settlement of an $18 million lawsuit over assets seized from entities connected with the late Layton "Scooter" Stuart, its former CEO. read more >
Parties Close to Final Settlement Over ‘Scooter’ Stuart Money
The final paperwork is nearing completion on a settlement agreement that will boost the equity capital at Little Rock's One Bank & Trust by $6.9 million. read more >
by George Waldon -
Countdown Ticks: Cash Or Court for One Bank & Trust?
The third anniversary of the regulator-mandated regime change at Little Rock’s One Bank & Trust is approaching. The national bank has endured a tumultuous ride since Layton “Scooter” Stuart was removed as chairman, president and CEO on Sept. 28, 2012. read more >
by George Waldon -
Scooter Stuart’s Tainted Assets Draw More Fire
This year’s number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing. read more >
by George Waldon -
One Bank Turns Attention to Scooter Stuart Life Insurance Payouts
The leadership at One Bank & Trust has steered the Little Rock lender back to court in a new lawsuit connected with its former owner, Layton “Scooter” Stuart read more >