Rockefeller Report: Minority Access to Capital Needs Improvement
During federal fiscal years 2017-20, Arkansas lenders made more than $658 million loans through the Small Business Administration’s 7(a) program. Of that total, only about $10 million or 1.5% went to Black-owned businesses in the state. read more >
by George Waldon -
Southern Bancorp On the Move
Arkadelphia’s Southern Bancorp Bank will be relocating its west Little Rock operations into leased space formerly occupied by the State Bank Department. read more >
by George Waldon -
HMS Plant Acquisition Registers $15.1M (Real Deals)
A 557,950-SF building in the Little Rock Port Industrial Park tipped the scales at $15.1 million. read more >
by George Waldon -
HMS Pays $15.1M for Port Property
Industrial property in east Little Rock, convenience stores in west Little Rock and North Little Rock, duplexes in Faulkner County and more form this week’s conga line of million-dollar real estate transactions. read more >
Final Restitution Amount Owed by Berry Bishop? $4,129,132.35
According to the amended order entered by U.S. District Judge Susan Hickey, Berry Bishop owes restitution totaling almost $4.13 million to six entities. Here’s how it breaks down read more >
A Movement to Save the Future (Commentary)
Action must be taken now to ensure long-term economic security for women. That is why organizations such as the Women’s Foundation of Arkansas, Southern Bancorp Community Partners, Southern Bancorp Bank and others are promoting Save10. read more >
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Overdraft Fees Provide Steady Cash Stream
Protecting customers from overdrafts, a standard service provided by most banks and credit unions, can also be a lucrative revenue stream. read more >
by Marty Cook -
Tyronza Bancshares Acquisition Tops $8.4M
The purchase of Tyronza Bancshares Inc. by Big Creek Bancshares Inc. represents a nearly $8.5 million transaction. The acquisition of the parent company of Marked Tree’s First Delta Bank is an all-cash deal. read more >
by George Waldon -
Simmons Bank Selects Jeff Richardson for Saline County (Movers & Shakers)
Jeff Richardson has been promoted to community executive for Simmons Bank in Saline County. read more >
Karama Neal Tabulates Successes of Southern Bancorp Community Partners
Karama Neal, president of Southern Bancorp Community Partners, gives credit to "critical mix" that have kept her company at the forefront of public policy. read more >
John French Promoted to EVP at Southern Bancorp
Southern Bancorp Bank has promoted John French to executive vice president of Risk and Operations. read more >
First Security Expands in Russellville; Southern Bancorp Makes Push Into Glenwood
First Security is increasing its presence in Russellville. Arkadelphia’s Southern Bancorp Bank is continuing its branch expansion into southwest Arkansas via Glenwood. read more >
by George Waldon -
Citizens Sweeps In Former Simmons Execs
Seven commercial lending and treasury management professionals have left Simmons Bank to help Citizens Bank of Batesville beef up its Little Rock operations. read more >