Tagged: Metropolitan National Bank

Schwyhart Meltdown Followed Hunt’s Exit

Schwyhart Meltdown Followed Hunt’s Exit

Banking & FinanceLegalCover Story

Thirteen years ago, word began leaking out that one of the most dynamic commercial development partnerships in fast-growing northwest Arkansas was breaking up. read more >

Simmons Bank Shouting Name From Rooftops

Simmons Bank Shouting Name From Rooftops

Banking & Finance

Verizon Arena in North Little Rock officially became Simmons Bank Arena on Oct. 3, marking the latest effort by the Pine Bluff bank to build brand visibility in central Arkansas. read more >

Simmons Bank: Darren McFadden Gave Adviser Bank Access

Simmons Bank: Darren McFadden Gave Adviser Bank Access

Banking & FinanceLegalCover Story

Simmons First National Corp. has denied any wrongdoing in its handling of the bank account of Darren McFadden, the former Arkansas Razorback and NFL player. McFadden has blamed the Pine Bluff bank for failing to warn him about more than $10 million in cash withdrawals and transfers by his financial adviser. read more >

Acme Holding: No Dividends Weigh Heavily

Acme Holding: No Dividends Weigh Heavily

Banking & FinanceLegal

Did creditors representing $9.5 million worth of debt convince U.S. Bankruptcy Court Judge Ben Barry that Acme Holding Co. is a lost cause? A ruling in their favor could result in the second auction of an Arkansas bank in three years. read more >

Simmons First 3Q Earnings Up 27 Percent

Simmons First 3Q Earnings Up 27 Percent

Banking & Finance

Simmons First National Corp. of Pine Bluff reports third-quarter earnings of $8.8 million, or 52 cents per share, up 27 percent from $6.9 million, or 43 cents per share, during the same quarter last year. Simmons also reported “core earnings” of $10.7 million, up 45 percent from the same quarter last year. read more >

Purchases Spur Redevelopment Of Bank Branch Sites

Purchases Spur Redevelopment Of Bank Branch Sites

Banking & Finance

Two competitors recently stepped into the Pulaski County banking market to replace Metropolitan National Bank and National Bank of Arkansas. Even with the redevelopment of four NBA branches, Pulaski County has no shortage of banking locations, with 199 full-service branches operated by more than two dozen lenders. read more >

First Arkansas Bank & Trust Also Absorbing Bank Branches

First Arkansas Bank & Trust Also Absorbing Bank Branches

WhispersBanking & Finance

Larry Wilson, CEO of First Arkansas, confirms his bank's purchase of old Simmons branch in Jacksonville. And he threw in a couple more for good measure: the former Metropolitan branches at the intersection of Highways 321 and 89 in Cabot and at Kiehl and Brockington in Sherwood. read more >

Simmons First Seeks Foreclosure on Funk

Simmons First Seeks Foreclosure on Funk

WhispersBanking & FinanceLegal

Simmons First National Corp. of Pine Bluff has filed suit against a local manufacturer for some unpaid loans. According to the suit, filed in Pulaski County Circuit Court, the defendant is O.D. Funk Manufacturing Inc., a company that builds outdoor metal buildings like storage sheds and carports. read more >

Simmons First 1Q Profit Down 27 Percent

Simmons First 1Q Profit Down 27 Percent

Banking & Finance

Simmons First National Corp. of Pine Bluff on Thursday reported a 27 percent decline in first-quarter profit but said "core earnings," which exclude one-time costs related to its purchase of Metropolitan National Bank of Little Rock, rose compared to the same quarter last year. read more >