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 >
Tagged: Banking
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 >
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 >
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