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Arvest Names Brooks Davis to Lead Conway, Morrilton Markets

Arvest names Brooks Davis community bank president of its Conway and Morrilton markets.

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Mitchell Gets Early Start as Citizens CEO (Movers & Shakers)

Adam Mitchell’s promotion to chief executive officer of Citizens Bank in Batesville was effective April 1, three months earlier than originally announced.

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Trust But Verify (Gwen Moritz Editor's Note)

Misplaced trust is a common theme in the fraud cases I’ve observed over the past two decades, as is the failure to make simple, routine checks.

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Little Rock Corporate Center Headlines $5.1M Sale (Real Deals)

The mixed-use Little Rock Corporate Center in south Little Rock and the Martin Brower Co. warehouse in North Little Rock were both bought by companies led by Justin Muller and Drew Holbert.

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South Arkansas Youth Services Board Was Negligent, Trustee Says

If the board of the defunct South Arkansas Youth Services Inc. of Magnolia had done its job, it could have prevented the CEO from using money for bribes and kickbacks, a lawsuit alleges.

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78 Companies Receive $100,000-Plus From BIG Program

The Business Interruption Grant program awarded all but 11 cents of its appropriation to 2,136 businesses out of 3,118 applications received during the application period in November.

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U.S. Labor Force Recovery Remains Remote

The coronavirus pandemic pushed the unemployment rate in the United States to near record highs and caused millions of workers to leave the workforce, and a year later, the labor market remains far...

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U.S. Construction Spending Up in March Less Than Expected

U.S. construction spending bounced back in March following a February beset by frigid cold and winter storms across large swaths of the country.

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Trust But Verify (Gwen Moritz Editor's Note)

Misplaced trust is a common theme in the fraud cases I’ve observed over the past two decades, as is the failure to make simple, routine checks.

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SOAR Fund Accepting Applications for Small-Business Loans

Small-business owners and nonprofits across Arkansas can apply now for low-interest loans of up to $100,000 through the Southern Opportunity and Resilience (SOAR) Fund.

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First National Bank of Paragould Eyes Nashville with Bank Buy

First National Bank of Paragould says it will buy Citizens Bank of Hartsville, Tennessee, expanding into the Volunteer State and raising its total assets to about $2.1 billion.

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Russ Harrington Joins Citizens Bank's Board of Directors

Citizens Bank of Batesville says former Baptist Health CEO Russ Harrington had joined its board of directors.

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Harper Named Director at Capital Markets (Movers & Shakers)

William Harper has been promoted to director of the Capital Markets Group at Crews & Associates, a bond brokerage, in Little Rock.

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Fountaine Bleau West Sells for $45.4M (Real Deals)

Burkhalter F.B.W. LLC, led by John Burkhalter, sold the 245-unit Fountaine Bleau West project at 4200 S. Bowman Road in Little Rock to an affiliate of Forge Partners of Rancho Santa Fe, California.

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Arkansas Population Grows 3.3%

The population of Arkansas grew 3.3% between 2010 and 2020, to 3,013,756 people, according to the U.S. Census Bureau.

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Changes in Attitude, Changes in Latitude (Amy Pierce Commentary)

Banks are facing a challenge in trying to reach many different generations at one time with the same message.

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Hotel Hot Springs Developer Settles $80M Judgment

The troubled real estate developer Gary R. Gibbs recently agreed to settle a case with a creditor in his bankruptcy for $80 million.

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Rice Cuts Price from Alliance Insurance Bankruptcy Case

Last month the Chapter 7 trustee for the bankrupt Alliance Insurance Group of Arkadelphia Inc. dismissed its suit against Nathaniel Price.

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Paul Lowe to Lead LR, Memphis, Nashville Markets for Simmons Bank

Simmons Bank promotes Paul Lowe to metro division president for Little Rock, Memphis and Nashville.

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Simmons Bank Names Leaders for 2 New Divisions

Simmons Bank creates two separate banking divisions – a community bank division and metro bank division – that will be led by Freddie Black and Chad Rawls, respectively.

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