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Rock Bancshares Inc.

The Rock Plaza office building in Little Rock was once among the shared investments of John Lewis and Walter Quinn.
Banking & Finance / Investments / Legal

$11M Judgment Lands on Would-be Heartland SuitorLock Icon

A California businessman who in late 2015 was going to work a deal to rescue the now-defunct Heartland Bank was hit last month with an $11 million default judgment in a lawsuit brought by CTHC Holdings LLC, led by Richard “Rick” Williams of Hot Springs. read more >
Simmons Bank, now occupying the old Acxiom headquarters in downtown Little Rock, has received a $21 million judgment on debt owed by Suneet Singal and  First Capital Real Estate Investments LLC of California. The loans were first made by Heartland Bank.
Banking & Finance / Investments / Legal

$21M Judgment Follows Collapse of Heartland Bank Deal

In late 2015, Suneet Singal thought he had a great deal with Heartland Bank of Little Rock. read more >
Community State Bank at 208 W. Fourth St. in Bradley
Banking & Finance / Investments / Legal

Community State Bank Awaits Bankruptcy Clarity

More than a year has passed since an investment group led by Jeff Hobbs took on the role of would-be buyer of Community State Bank in Bradley. read more >
Luke Quinn
Banking & Finance / Investments / Legal

Today’s Bank Files Suit Over $54,000 Loan to Luke QuinnLock Icon

The successor to the failed Allied Bank of Mulberry is trying to collect $53,898 associated with another failed lender: Little Rock’s Heartland Bank. read more >
Community State Bank at 208 W. Fourth St. in Bradley
Banking & Finance / Investments / Legal

Suitors Revising Bid For State’s Tiniest Bank

The would-be buyers of the smallest bank in Arkansas have withdrawn their application to acquire Community State Bank of Bradley. read more >
Walter Quinn, left, has fired the latest volley in his legal squabbles at Heartland's former president, CEO and board member, Richard O’Brien.
Banking & Finance / Investments / Legal

Walter Quinn Sues Heartland Bank, Richard O’ BrienLock Icon

Once the largest stockholder in the Little Rock bank, Quinn claims O’Brien contributed to his financial difficulties and pushed him out of Heartland. His complaint alleges breach of fiduciary duty and fraud. read more >
Banking & Finance / Business Services / Public Companies

Heartland, One Bank See More Red in 3Q

Two Little Rock banks in need of capital are traveling divergent paths in search of balance sheet stability. read more >
Walter Quinn
Banking & Finance / Investments / Legal

Judgment Ordered Against Plaintiff in Walter Quinn CaseLock Icon

A Colorado businessman was hit last week with a $1.9 million judgment after defaulting on a loan that he said was tied to a business deal with Walter Quinn of Little Rock. read more >
Banking & Finance / Legal / Public Companies

Rock Bancshares Also On the Hook to Farmers & Merchants BankLock Icon

Simmons Bank of Pine Bluff wasn’t the only bank creditor of Rock Bancshares Inc. Farmers & Merchants Bank of Stuttgart was owed $687,271. read more >
Banking & Finance / Investments / Legal

Simmons Bank Becomes Sole Shareholder of Heartland Bank

Simmons Bank of Pine Bluff is the successful bidder for the capital stock of Heartland Bank of Little Rock, which was auctioned Monday morning. read more >
Walter Quinn’s Riverview Point home is headed toward a foreclosure auction in the wake of his diminished oil and gas wealth.
Banking & Finance / Investments / Legal

Foreclosure Suit Takes Aim at Home of Walter Quinn

Malvern National Bank claims more than $1.2 million is outstanding on a loan secured by the Riverview Point residence. The loan has been in default since November, according to the bank. read more >
Banking & Finance

Heartland Endures Another Ugly 4Q

Heartland Bank of Little Rock recorded a nearly $7.9 million loss for 2016. The lion’s share of that loss occurred in the fourth quarter. read more >

Heartland Bank Sees $7.9M Loss in 2016

Heartland Bank of Little Rock recorded a nearly $7.9 million loss for 2016. The lion's share of that loss occurred in the fourth quarter. read more >
Judy Lawton
Banking & Finance / Energy / Investments

Heartland Bank, Stung in NY Bankruptcy, Enters Agreement With Federal Reserve

Heartland Bank of Little Rock enters a written agreement with the Federal Reserve a day after emerging as a creditor to a hedge fund that federal prosecutors have described as "Ponzi-esque." Heartland and its lead shareholder, Walter Quinn, have suffered from the collapse of the oil and gas industry. read more >
Walter Quinn’s Riverview Point home is headed toward a foreclosure auction in the wake of his diminished oil and gas wealth.
Banking & Finance / Legal / Real Estate

Texas Bank Wants Walter Quinn’s Riverview Home in Foreclosure

Prosperity Bank of El Campo is seeking possession of Quinn’s 7,490-SF home in the Riverview Point neighborhood. read more >
Walter Quinn stepped down in 2015 as a bank director and as chairman, president and CEO of Heartland Bank’s parent company, Rock Bancshares Inc.
Banking & Finance / Energy / Investments

Fiscal Pain Shared By Walter Quinn, Heartland Bank

More than five years down the road from the bursting real estate bubble, Little Rock’s Heartland Bank and its largest shareholder were battered by loans related to another sector: oil and gas. read more >
Judy Lawton
Banking & Finance / Investments

‘Problem Assets’ Spur Fundraising at Heartland Bank

The parent company of Heartland Bank is raising $3 million “to meet the working capital needs of the holding company while we’re preserving the capital of Heartland Bank,” said Judy Lawton, president. read more >
Banking & Finance / Energy / Investments

Shale Play Loan Hits Nonaccrual at Heartland Bank

Among Heartland’s biggest and worst energy-related loans is one connected with a shale play in the New Albany formation of eastern Illinois. read more >
Walter Quinn’s 1984 Dassault Falcon 200 is the subject of a $585,549 foreclosure suit.
Banking & Finance / Legal / Transportation

Bear State Suit Puts Walter Quinn Jet on the Radar

A new lawsuit has taken flight in search of money and assets from Little Rock businessman Walter Quinn. read more >
Banking & Finance / Legal

Heartland Bank Braces For 2016

Heartland Bank of Little Rock and its parent company, Rock Bancshares Inc., have started 2016 amid changes in management, board membership and more. read more >