New Bank Flag on the Horizon for Arkansas
Valued at $3.9 billion when announced in November, the merger will bring the First Horizon name to Arkansas with the addition of IberiaBank’s 16-branch network in the state. read more >
Tagged: Banking
Centennial Bank's Commerce Center at Riverdale On the Rise
The new branch that Conway’s Centennial Bank has under development in Little Rock will be a rarity among its built-from-scratch full-service offices. read more >
Credit Union Consolidation Stirs Little Rock Market
The recent merger of the $2.8 million-asset Arkansas Democrat-Gazette Federal Credit Union with Arkansas Federal Credit Union pared the number of credit unions with a presence in Little Rock to 18. read more >
New Little Rock Branch for Citizens Bank in the Works
Batesville’s Citizens Bank is wading deeper into the Little Rock market with a second full-service branch. The $921 million-asset lender is establishing an office in the former One Bank & Trust lo-cation at 8000 Cantrell Road. read more >
Encore Bank Set to Make Northwest Move
From its Little Rock headquarters to Jonesboro and now Rogers, Encore Bank is in the process of establishing a northwest Arkansas office on the eighth floor of the Hunt Tower at 5100 W. J.B. Hunt Drive. read more >
Farmers Prospers in Texas Market After De Novo
Magnolia’s Farmers Bank & Trust holds more than $147.8 million of the $368 million deposits in Prosper, Texas, a city of nearly 30,000 an hour north of Dallas. read more >
Southern Bancorp Certified as State's First B Corporation
Arkadelphia’s Southern Bancorp Inc. has joined the ranks of Certified B Corporations, an Arkansas first. read more >
Chambers Takes Spa City Count to Baker’s Dozen
The pending entry of Danville’s Chambers Bank in Hot Springs will increase the tally of bank competitors in the $1.7 billion-deposit market to a baker’s dozen. read more >
New First Community Branch on Horizon in Harrison
Batesville’s First Community Bank hopes to open its first full-service location in Harrison before year’s end. read more >
New Generations Bank Coming to Bentonville
Generations Bank of Rogers is adding to its Benton County presence with a planned branch at 600 SW 41st St. in Bentonville. The full-service office represents No. 10 for the $524 million-asset lender. read more >
Jonesboro Draws More Competitors to Lending Field
Forrest City’s Armor Bank and Little Rock’s Encore Bank have entered the Jonesboro market with loan production offices in advance of plans to open full-service locations. read more >
Lenders From Batesville, Danville Chart Course for Conway
Two new competitors are entering the Conway lending market, where 13 banks already fly their banners. read more >
AFCU Expands in Saline County
Jacksonville’s Arkansas Federal Credit Union acquired a former Summit Bank location in Benton for $1.3 million from Southern Marine LLC, led by Ricky Willis. read more >
Home Bank Takes Second-Quarter Lick
Portland’s Home Bank of Arkansas posted a $640,000 loss for the quarter ending June 30. read more >
Wynne Bank Set to Sell for $60.2M
The proposed sale of Wynne’s First National Bank to First Financial Bank of El Dorado represents a $60.2 million cash transaction. read more >
Orion Federal Plans Midown Little Rock Location
Orion Federal Credit Union of Memphis is moving forward on a second location in Little Rock after buying a midtown location for $225,000. read more >
Bank of Prescott Attracts $8.4M Purchase Offer
The proposed sale of the last lender headquartered in Nevada County represents a nearly $8.4 million cash transaction. read more >
Acquisition of First State Bank of Crossett Expected by 2020
The sale of the $34.6 million-asset First State Bank of Crossett to Capital Bancorp Inc. of Delhi, Louisiana, announced 18 months ago, is now expected to close before year’s end. read more >
Chambers' River Town Transaction Tops $17M
The $17 million cash deal for the parent company of Dardanelle’s River Town Bank is expected to close by the end of July. read more >
First Financial Expands Its Capital
El Dorado’s First Financial Banc Corp. recently launched a $25 million capital raise, an 18.5% boost to its current equity capital of $134.6 million. read more >
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