Storm Fallout Unresolved for Simmons In Tennessee
Among the businesses hit hard last December by a tornado in Dresden, Tennessee, was a Simmons Bank branch that had its roof ripped open. read more >
Among the businesses hit hard last December by a tornado in Dresden, Tennessee, was a Simmons Bank branch that had its roof ripped open. read more >
Arkansas membership in the $10 billion bank club should double by the end of September. Home BancShares Inc. and Simmons First National Corp. have two pending acquisitions that will help take them beyond $10 billion to join Arvest Bank Group Inc. and Bank of the Ozarks Inc. read more >
The potential value of the Community First Bancshares Inc. sale has climbed to more than $77 million since the deal was announced two months ago. read more >
Equity Bancshares Inc. of Wichita said Thursday that it had agreed to purchase all outstanding shares of Community First Bancshares Inc. of Harrison in a deal worth about $69 million. The deal will require Community First to dispose of its $8.2 million ownership interest in White River Bancshares Inc. of Fayetteville, which controls Signature Bank of Arkansas and the Bank of Brinkley. read more >
The Federal Reserve has approved two previously announced acquisitions by Simmons First National Corp., the publicly traded bank holding company revealed in a filing with the Securities & Exchange Commission on Thursday. read more >
Simmons First National Corp. of Pine Bluff is continuing its shopping spree by announcing a $243.4 million deal to buy Community First Bancshares Inc. of Union City, Tennessee, and its $1.9 billion subsidiary bank, First State Bank. read more >
The U.S. Treasury ended up with nearly $3.7 million more than it “loaned” to Community First Bancshares Inc. of Harrison. The $12.7 million that Uncle Sam invested in Community First was accomplished with preferred stock and warrants issued through the Capital Purchase Program. read more >
Seven Arkansas lenders remain under the umbrella of the U.S. Treasury’s TARP program in the aftermath of the 2008 financial meltdown. The group collectively received more than $126 million through the Capital Purchase Program-Troubled Asset Relief Program. read more >
