Simmons Bank
David Kennedy Joins Simmons Bank as Chief Technology Officer
The Pine Bluff-based bank said he'll play a crucial role in its technical strategy, including innovation, infrastructure, cost reduction and collaboration. read more >
Residence Inn Buy Exceeds $11.2M (Real Deals)
A 107-room hotel in downtown Little Rock tipped the scales at $11.27 million. read more >
by George Waldon -
Chandler Wilson Carroll Set to Change Plea in Fraudulent Loan Case
Chandler Wilson Carroll, a Little Rock businesswoman, will plead guilty on July 8 to charges of fraudulently securing $2.1 million in pandemic loans, which she allegedly used for personal purchases. read more >
Tech Center Sale Tops $19.3M (Real Deals)
An eight-story telecommunications building in downtown Little Rock tipped the scales at $19.32 million. read more >
by George Waldon -
Simmons’ Q1 Profit Falls 16.7% on Troubled Loans, Fraud Loss
CEO George Makris Jr. said the Pine Bluff-based lender is "carefully monitoring economic volatility." read more >
DD&F’s Matt Reddin on Challenges & Regulations in Community Banking
Matt Reddin of DD&F Consulting urges community banks to focus on deposits, capital, and talent while pushing for tailored regulations to support growth and new bank formation. read more >
Gen Z Banks on Digital, Arkansas Banks Seek to Adapt
Arkansas banks are racing to meet Gen Z’s digital-first expectations — offering faster apps, instant deposits, and easy account setups —while still keeping branches nearby for peace of mind. read more >
by Chloe McGehee -
Beach Abstract Buy Closes at $3.5M (Real Deals)
A 26,326-SF office building in downtown Little Rock tipped the scales at $3.5 million. read more >
by George Waldon -
FNBC Debt Offering Tops $7.2M
Ash Flat-based FNBC Bancorp Inc. completed its second $7.25 million subordinated debt offering late last year, following a similar 2019 raise that bolstered its bank’s capital. read more >
by George Waldon -
Splash Transaction Surpasses $4.7M (Real Deals)
A Splash Car Wash development in Sherwood tipped the scales at $4.78 million. read more >
by George Waldon -
Simmons Bank Opens Regional Office in Jonesboro
The 19,790-SF office at 1720 S. Caraway Rd. in Jonesboro is the lender's 64th full-service branch in Arkansas. read more >
NLR Circle K Sale Tops $4.2M Mark (Real Deals)
A 3,600-SF convenience store in North Little Rock weighed in at $4.23 million. read more >
by George Waldon -
First Community Bank, Bank OZK Expand Footprints
First Community Bank is expanding in Harrison with a second full-service branch, while Bank OZK is growing its presence in Tennessee and Florida with multiple new locations. read more >
by George Waldon -
New Roles Announced at Arkansas Federal Credit Union, Simmons Bank & UAMS (Movers & Shakers)
Rodney Showmar and Michael Lamoureux have taken on continued leadership roles, with Showmar staying on the Federal Reserve's advisory council and Lamoureux joining Capitol Counsel as a partner. read more >
Governors Park Sale Checks In at $12.9M (Real Deals)
A 154-unit apartment complex in midtown Little Rock tipped the scales at $12.9 million. read more >
by George Waldon -
New Appointments at Grand Savings Bank, Stephens Insurance, ASU-Beebe & More (Movers & Shakers)
Key Arkansas appointments include Aubrey Blackmon’s Agriculture Hall of Fame induction, Laura Landreaux as State Chamber chair, and leadership changes in banking, energy, health care, and more. read more >
Simmons First National Shutters 12 Texas Branches in Strategic Consolidation Move
In 2024, Simmons First National Corp. closed 12 branches in Texas, focusing on growth in Dallas-Fort Worth and Houston, while shifting away from less profitable markets like San Antonio and Austin. read more >
by George Waldon -
Kum & Go Sale Tops $6M (Real Deals)
A 5,700-SF convenience store in west Little Rock weighed in at $6.07 million. read more >
by George Waldon -
George Makris to Return to CEO Role at Simmons Bank
Current CEO Bob Fehlman, who has held the role since 2023, is retiring. The company also announced the hiring of a new COO. read more >
New Names Join Familiar Firms on List of State’s Largest Asset Managers
Mixed in among the familiar names of Arkansas asset managers are some notable newbies, including a mysterious Little Rock venture capital firm managing three-quarters of a billion dollars, most of it from foreign investment pools. read more >
by Gwen Moritz -