US Bank Earnings Up Nearly 13 Percent in 3Q
WASHINGTON — U.S. banks' earnings in the July-September period jumped nearly 13 percent from a year earlier as continued growth in lending fueled interest income. The data issued Tuesday by the Federal...
View ArticleSt. Louis District Economy Growing Modestly
The U.S. economy grew at modest pace, according to the Federal Reserve's latest survey of business conditions, released Wednesday. Reports indicate consumer spending did well and manufacturing activity...
View ArticleA-State's Patricia Robertson Recognized by JBPW (Movers & Shakers)
Patricia Robertson, associate professor of business law at the College of Business at Arkansas State University, has been selected as Woman of the Year by the Jonesboro Business & Professional...
View ArticleFormer Disney Artist Brings Magic to Rogers PR Firm (Movers & Shakers)
David Kersey, a former Disney digital artist, has been hired as a senior creative director at inVeritas in Rogers. Kersey will lead creative projects throughout the country while serving in the...
View ArticleTanya James Moves to VP Role at Arvest (Movers & Shakers)
Tanya James has been promoted to vice president, private banking adviser at Arvest Bank in Little Rock. She was previously vice president and branch sales manager for Arvest, where she has worked in a...
View ArticleRickenbach To Offer Low Risk Status for No Prison at Wednesday Sentencing
His testimony failed to convict his former co-workers, but Gary Rickenbach is still hoping to avoid prison time for his admitted role in a fraudulent loan made by One Bank & Trust when he was its...
View ArticleArcBest SVP Retires After 20 Years
Senior vice president J. Lavon Morton will retire after 20 years with ArcBest Corp. of Fort Smith. Morton, who was the company's risk and chief audit executive, will step down Dec. 31. ArcBest...
View ArticleSPONSORED: Protect Your Business From Identity Theft And Fraud
It's that time. Shopping and spending are at their peak for the year and that puts identity thieves on high alert. While many consumers are aware of the threat to their personal proprietary...
View ArticleGary Rickenbach Gets 2 Years of Probation, 100 Service Hours
Gary Rickenbach's emotional request was granted: The former One Bank & Trust executive was sentenced Wednesday to two years of probation and 100 hours of community service in exchange for pleading...
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The Overtime Exemption Rules Are On Hold — What Do You Do Now? (Stuart...
Don't you love it when you get all ready for a party, and at the last minute it gets canceled? Although the new overtime exemption rules were not going to be a "party" for employers by any stretch of...
View ArticleUS Home Price Gains Lift Household Wealth to $90.2T
WASHINGTON — A healthy increase in home values and higher stock prices drove up U.S. household wealth in the July-September quarter, though the gains are largely concentrated among wealthier Americans....
View ArticleClearbrook Project Draws $1.4 Million Transaction (Real Deals)
A 52-unit apartment complex in Little Rock weighed in at $1.4 million. Parker Investments Group LLC, an affiliate of Trinity Multifamily of Fort Smith, purchased the Clearbrook Village Apartments at...
View ArticleDr. Stavros Manolagas Receives Award for VA Work (Movers & Shakers)
Dr. Stavros Manolagas has been named the 2016 recipient of the Veterans Administration Biomedical Laboratory Research & Development Service’s highest honor, the William S. Middleton Award. The...
View ArticleStock Price Swings Visit Steady Bank of the Ozarks
Bank of the Ozarks shares have followed a sometimes precipitous trek during the past few quarters. The pricing landscape traveled by the $18.5 billion-asset bank holding company is marked by several...
View ArticleStrong Stocks Lift Fortunes on Arkansas Wealthiest Stockholders List
The tumble taken by shares in a Houston-area appliance retailer is the only reason for a new name among the 10 largest stockholders in Arkansas. A year ago, the heirs of W. R. “Witt” Stephens Sr. were...
View ArticleSouthern Bancorp Community Partners Gets $2M
Southern Bancorp Community Partners, a nonprofit loan fund that works in partnership with Southern Bancorp Inc. of Little Rock, said Tuesday that it has received $2 million — the maximum available...
View ArticleFed Hikes Key Rate for Second Time in 10 Years
The Federal Reserve is raising a key interest rate for the first time in a year, reflecting a resilient U.S. economy and expectations of higher inflation. The move will mean modestly higher rates on...
View ArticleSimmons Deal to Enter Oklahoma Will Push Assets Above $10 Billion
Simmons First National Corp. of Pine Bluff announced its intention to enter the Oklahoma market by acquiring Southwest Bancorp Inc. of Stillwater. The pending purchase of the $2.47 billion-asset public...
View ArticleRegions Center Owners File for Chapter 11 Bankruptcy
Most of the owners of the 30-story Regions Center in downtown Little Rock filed for Chapter 11 bankruptcy protection on Dec. 9, about a month before a hearing to decide whether to appoint a receiver...
View ArticleDusty Middleton Moves to Stone Bank in Harrison (Movers & Shakers)
Dusty Middleton has been hired as senior vice president, senior lending officer and Harrison market manager for Stone Bank of Mountain View. Middleton was formerly a senior vice president and loan...
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