Stone Bank Draws $88M-$90M Deal
Where the final price lands depends on the adjustments at closing. read more >
Where the final price lands depends on the adjustments at closing. read more >
The pending sale of Stone Bancshares Inc. and its $650 million-asset Stone Bank of Mountain View provides the latest twist in the story of the 67-year-old franchise. read more >
A family of Missouri bankers has agreed to buy Stone Bancshares Inc., the parent company of Stone Bank of Mountain View. read more >
A Boone County farmer has sued Stone Bank of Mountain View, its president, its former president and a former loan officer in a wide-ranging complaint that includes allegations of fraud in its government-backed farm loan program and pressure to pay kickbacks to the loan officer. read more >
Adam Mitchell’s promotion to chief executive officer of Citizens Bank in Batesville was effective April 1, three months earlier than originally announced. read more >
Marnie Oldner of Stone Bank of Mountain View joins the Federal Deposit Insurance Corp.’s Advisory Committee on Community Banking. read more >
The Federal Reserve Bank of St. Louis has appointed two new members to its Community Depository Institutions Advisory Council. read more >
Marnie Oldner, CEO of Stone Bank of Mountain View, was named last week to the Federal Reserve Board’s Community Depository Institutions Advisory Council. read more >
Smaller banks in Arkansas are often faced with the choice of growing or finding a buyer. read more >
Stone Bancshares Inc. is buying DBT Financial Corp., parent company of the $94 million-asset DeWitt Bank & Trust. Financial terms weren't announced. read more >
In Arkansas, the number of new bank offices appears to have popped up in the past 12 months after a decade in which the count declined by more than 10 percent. read more >
If at first you don’t succeed in federal court, take your case to state court. That’s what the former chairman and one-time largest shareholder of Mountain View’s Stone Bank has done in Pulaski County Circuit Court. read more >
A fraud conspiracy complaint filed in federal court by the former chairman and one-time largest shareholder of Stone Bank has been dismissed. read more >
Last month, word got around that Don Hale and Kirby Williams were stepping back from their firms to become marketing chiefs at banks — Hale at Citizens Bank of Batesville and Williams at Stone Bank of Mountain View, working out of Little Rock. read more >
The Arkansas State Bank Department has given preliminary approval to an application for a change of control at First State Bank of Russellville. read more >
For women in Arkansas’ banking industry, every encouraging development seems to be matched by discouraging reality. read more >
Steve Ragland has joined Stone Bank, the Mountain View bank formerly called Ozark Heritage Bank, as chief financial officer. He lives in Little Rock, where Stone Bank maintains loan production and management offices. read more >
Most regulated industries don’t get to choose who regulates them, but, to a limited degree, banks do. And while the door can swing both ways, in reality the traffic has flowed in one direction: converting from national charters to state charters. read more >
Many small banks don’t have a true chief financial officer, but with Marnie Oldner, Stone Bank got a CEO and experienced CFO in one. read more >
Consolidation came first, but it was really the financial crisis of 2008 — or, more specifically, the expensive regulatory fallout of the crisis — that created a rush to rename banks. In the current environment, banks have to either acquire or be acquired. And banks that want to be acquirers need names that aren’t too geographically specific. read more >