Tagged: Community First Bancshares Inc.

Simmons, Home BancShares Set To Vault Into $10B Club

Simmons, Home BancShares Set To Vault Into $10B Club

Banking & FinanceCover Story

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 >

Wichita Bank Buys Community First Bancshares in $69M Deal

Wichita Bank Buys Community First Bancshares in $69M Deal

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 >

Simmons First Gets Approval for 2 Acquisitions

Banking & Finance

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 >

Community First Bancshares Exits TARP In the Black

Community First Bancshares Exits TARP In the Black

Banking & Finance

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 >

7 Arkansas Lenders Still Indebted to Treasury After TARP Relief

7 Arkansas Lenders Still Indebted to Treasury After TARP Relief

Banking & FinanceCover Story

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 >