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Bank OZK Prunes Branches

The 10-state footprint of Little Rock’s Bank OZK will have two fewer states by March 31, exiting South Carolina and Alabama, where it operates two branches in each state.

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Q3 PPP Tops $4.4 Billion at Biggest 20 Banks

The tally of Paycheck Protection Program funds that flowed through the 20 largest banks in Arkansas topped $4.4 billion and encompassed more than 50,149 loans.

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Hogs Get Slaughtered (Gwen Moritz Editor's Note)

As I studied up on dozens of PPP fraud cases filed around the country since May, several common elements began to emerge.

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Simmons Calls Encore Into Court Over Non-competes

Simmons Bank hauled Encore Bank into court last week over accusations that include improperly luring executives and customers away from the Pine Bluff bank.

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Lawsuit Over $806,300 Judgment Portrayed as Political Ploy

A Rogers attorney insists that legal action taken against Fayetteville mayoral candidate Tom Terminella was more than just an effort to collect on a debt.

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Phigenics Wins Benchmark Prize at 2020 Best Places to Work Awards

Arkansas Business and the Best Companies Group last week honored 47 Arkansas companies with "Best Places to Work" awards, which honor firms that have exceptional workplace environments.

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Home Construction Up 4.9% in October to 1.53M

Home construction rose 4.9% in October as home building remains as one of the bright spots of the economy.

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New Collegiate Golf Tournament Named for Jackson T. Stephens Announced

Warren Stephens, CEO of Stephens Inc. in Little Rock, announced Wednesday the 2021 debut of an annual collegiate golf tournament named for his late father, a former chairman of Augusta National.

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Relyance Bank Names Joey Moll SVP

Joey Moll has been named senior vice president of commercial lending for Relyance Bank’s central Arkansas market.

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FNBC Names Amber Sharp to Newly Created IT, Innovation Role

Amber Sharp has joined FNBC Bank in a recently created role, as its senior vice president and chief information and innovation officer.

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Arkansas' Unemployment Rate Declines to 6.2% in October

Arkansas' seasonally adjusted unemployment rate declines to 6.2% in October from 7.2% in September, the state Department of Workforce Services reports.

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About the Main Street Lending Program (Madeline McElhanon Commentary)

As a component of the CARES Act, the Federal Reserve established the Main Street Lending Program to provide up to $600 billion in financing to businesses and nonprofit organizations negatively impacted...

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Gowen Chosen to Lead Community Bankers Board (Movers & Shakers)

Jim S. Gowen Jr. has been re-elected to the Independent Community Bankers of America Federal Delegate Board.

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Tragedy And Gratitude (Gwen Moritz Editor's Note)

Let another pesky woman editor encourage you to embrace the spirit of Thanksgiving this year as never before, even as we must limit the traditional togetherness — a small sacrifice by historic standards.

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Arkansas' Top Stockholders: 2020 Very Good for Walton Family Fortune

Arkansas’ richest family has had a good year financially. The heirs of Sam Walton own publicly traded stock valued collectively at more than $205 billion.

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Marijuana Cultivator Turns Down Dispensary Over Cash Policy

Hot Springs dispensary owner Dragan Vicentic's penchant for paying for cannabis in cash, disdaining electronic payments, gives marijuana cultivator reason for blacklisting.

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Don't Look for Waldo's in West Little Rock

Waldo’s Chicken & Beer will not be setting up shop at 101 S. Bowman Road, although the property’s new ownership includes some names behind the rollout of as many as 20 of the franchised eateries in...

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PPP Loan Forgiven, ABPG Expands to Texas

“Fort Worth and Dallas, about a million miles away,” Texas singer Jimmie Dale Gilmore croons, but Arkansas publisher Mitch Bettis knows better.

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Relyance Adds Evans; Rayson Joins Encore (Movers & Shakers)

Marlin Evans has joined Relyance Bank in Hot Springs as vice president and trust officer.

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Illinois Credit Union to Buy 4 Simmons Bank Branches

Citizens Equity First Credit Union of Peoria, Illinois, will buy four branches in southern Illinois from Simmons Bank of Pine Bluff.

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