Banking & Finance - ArkansasBusiness.com

In the initial filing, Alton listed debts of between $1 million and $10 million and assets in the same range. A more detailed filing will come later.

Simmons Bank of Pine Bluff wasn’t the only bank creditor of Rock Bancshares Inc. Farmers & Merchants Bank of Stuttgart was owed $687,271.

John Rogers, the North Little Rock sports memorabilia and photo dealer, faces a day in county circuit court later this month before appearing in front of a federal judge for sentencing in November.

Sales of new U.S. homes slumped 3.4 percent in August, the second straight monthly decline.

Home BancShares Inc. of Conway completes its previously announced acquisition of Stonegate Bank of Pompano Beach, Florida, in a transaction worth about $820 million.

An affiliate of Luther Automotive Group of St. Louis Park, Minnesota, acquired the 12.56-acre tract on the west side of Col. Glenn Plaza Loop across from Steve Landers Chrysler Jeep Ram.

If at least one Arkansas bank doesn’t step up to the plate by Dec. 1, legislators will look for another option to protect the state from the dangers of an all-cash industry.

U.S. construction spending rebounded 0.5 percent in August after two months of contraction, helped by strength in home building, and commercial and government construction.

Arkansas bank deposits grew by 5.6 percent in the year that ended June 30, beating the national growth rate of 4.6 percent.

Home BancShares Inc. of Conway, parent company of Centennial Bank, announces the promotion of Kelly Buchanan to director of corporate branch strategies.

Long-term mortgage rates ticked up slightly this week as the average 30-year fixed-rate mortgage rose to 3.85 percent from 3.83 percent a week ago.

The Senate has confirmed President Donald Trump's nomination of Randal Quarles to serve on the Federal Reserve, the first step in the Republican's efforts to remake the nation's powerful central bank.

A federal regulator announced new restrictions Thursday on the payday lending industry, a move that is likely to face resistance in Congress.

AOR LLC, led by John Starling of JTS Financial Services of Little Rock, has purchased a 21,256-SF office building in Little Rock.

Joseph Dunn, chief credit officer for Gateway Bank of Rison, has been named to the bank’s board of directors.

The Office of the Comptroller of the Currency in August tied up a loose end left dangling for years at Little Rock’s One Bank & Trust.

The $79 million-asset Bank of McCrory will be merged into First National Bank of Wynne. The combination will boost First National’s total assets to more than $358 million.

Rolling Hills H.C. Inc., led by Joey Wiggins, purchased the 139-room Sandalwood Healthcare project at 2600 John Barrow Road for $5 million and the 70-room Chenal Rehabilitation & Healthcare Center at 3115 S. Bowman Road for $4.1 million.

Gary Head, 57, is chairman, president and CEO of Signature Bank of Arkansas, which he and fellow investors started in 2005 after raising $44 million in startup capital.

Total deposits in the state rose to almost $64.2 billion even as the number of separate bank charters and branch locations continued to decline.

Alton Bean Trucking Files for Bankruptcy

Rock Bancshares Also On the Hook to Farmers & Merchants Bank

John Rogers Faces Pulaski County Hearing, Sentencing in Federal Court

Sales of New US Homes Fell 3.4 Percent in August

Home BancShares Finalizes $820M Stonegate Bank Buy

WLR Automotive Property Bears $4M Price Tag (Real Deals)

As State Looks for Banks, Big Names Poised to Enter Medical Marijuana Industry

US Construction Spending Rebounded 0.5 Percent in August

In-State Bank Deposits Grow by 5.6 Percent, Beating National Rate

Home BancShares Promotes Kelly Buchanan

US 30-Year Mortgage Rates Average Rises to 3.85 Percent

Senate Confirms Trump Pick to Serve on Federal Reserve

Federal Regulator Clamps Down on Payday Lending Industry

Forfeited Property Sold for $1M

Joseph Dunn Takes Seat on Gateway Bank Board (Movers & Shakers)

OCC Order Wraps Up Dispute Over One Bank Loans

Bank of McCrory Purchase Carries Price of $9.5 Million

Nursing Homes Combine For $9.1M Transaction (Real Deals)

Signature Bank's Gary Head on Putting a Postive Stamp on Community Commerce

Arvest Again Tops List of Largest Banks in Arkansas