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 >
Tagged: Banking
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 >
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 >
Premier Bank Expands Into Jonesboro
Premier Bank of Arkansas is making its first move outside Crittenden County by jumping into the $2.5 billion-deposit Jonesboro market. read more >
Dispute Settled over Former One Banc Branch
A lease dispute over a 2,876-SF former One Bank & Trust branch in west Little Rock is no more. read more >
DeWitt Bank Transaction Tops $10.2M
The pending acquisition of DBT Financial Corp. presents a nearly $10.3 million transaction backed by a healthy dose of stock and some cash. read more >
Cross County Bancshares Seeks Bigger Stake in Central Bank
The parent company of Wynne’s Cross County Bank currently owns nearly 20.2% of Little Rock’s Central Bank and could up its position to as high as 35%. read more >
Federal Charters Down to a Dozen in Arkansas
With Fidelity National Bank of West Memphis transforming into Fidelity Bank, the ranks of federally chartered banks in Arkansas are whittling down. read more >
Integrity First Transaction Tops $80M
The pending sale of Mountain Home’s Integrity First Bank to Stuttgart’s Farmers & Merchants Bank represents a book value multiple of 1.43. 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 >
Legacy Sale Sends $17.4M to Investors
When the $17.4 million sale of Gravett Bancshares Inc. to Springdale’s Legacy BancShares Inc. closed, four groups got big paydays. read more >
First Community Adds to Jonesboro Territory
Batesville’s First Community Bank is working on a third location in the $2.5 billion-deposit Jonesboro market. read more >
First NaturalState Bank Expands Into Dumas
First NaturalState Bank of McGehee is adding a third full-service branch and entering the Dumas market. read more >
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