Phil Baldwin held the post of chief financial officer for a little over a decade at four stops during his 36-year career. That experience positioned him to become a statistic in a national trend among business executives. read more >
Southern Bancorp Inc. is awarded $2 million, the maximum available under the Financial Assistance program of the U.S. Treasury's CDFI Fund. read more >
Simmons is acquiring the branch with its pending purchase of Delta Trust & Bank but is being required under federal regulations to divest itself of the additional market share in the same Federal Reserve market area as Simmons' existing Lake Village branches. read more >
Citizens Bank of Batesville officially has declared itself a buyer in the grow-or-go banking sweepstakes. That pronouncement was given public voice with the hiring of Phil Baldwin as president of the $544 million-asset lender and CEO-to-be in 2015. 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 >
Southern Bancorp Bank of Little Rock has been awarded $1.3 million to increase its lending in rural communities it serves in Arkansas and Mississippi. read more >
Steve Jones, a former state legislator and currently a deputy director at the Arkansas Department of Human Services, will join Southern Bancorp Community Partners as senior vice president of programs. read more >
Darrin Williams has a number of titles: state representative, lawyer, CEO and church deacon. But in many ways, Williams said, the work he does is all the same. read more >
Glendell Jones Jr. has been named chairman of Southern Bancorp Inc. of Arkadelphia, a $1.1-billion asset community development bank holding company. He replaces Walter Smiley, who held the post for more than 20 years. read more >