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Midwest Report: Business Confidence in Economy Plummets

Many supply managers fear holiday shoppers will face higher prices and empty shelves.

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Simmons Bank Close to Acquiring Naming Rights to Memphis' Liberty Bowl Stadium

The bank is hoping to close the deal before a nationally-televised football game on Oct. 14.

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Arvest Plans to Sell 16 Branches to Arkansas, Oklahoma Banks

The deals should close in Q1 of 2022.

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Petit Jean Bank Adds 5 to Board (Movers & Shakers)

Brandi Cooper, Neil Corder, Karen Cree, Rich Moellers and Brandon Zinser have joined the board of directors of Petit Jean Bancshares Inc. of Morrilton and Petit Jean State Bank.

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Price Moves Up at Garland & Greenwood (Movers & Shakers)

Christine Price has recently been promoted to tax director at Garland & Greenwood CPAs & Advisors, which has offices in Little Rock, Bentonville, Conway and Hot Springs.

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Tulsa Time: Arvest Dives Into Glenpool

Arvest Bank is adding to its considerable presence in Oklahoma’s Tulsa County market with a 25th location.

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FNBC Expands, Century Enters Mountain Home

Ash Flat’s FNBC Bank is developing a new 4,000-SF branch in the $1.3 billion-deposit Mountain Home market.

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NLR LaQuinta Inn Sold for $5.1M (Real Deals)

Jai Om Hospitality LLC of Frisco, Texas, purchased the 99-room hotel at 4311 Warden Road.

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How Green Is Money? Ask L’Oréal, and Halter

Bill Halter is hardly the face of Maybelline, but he’s looking good in the wake of L’Oréal USA’s announcement last month that it has reached carbon-neutral operations in the United States.

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Sentencing Delayed for Cody Easterday

Cody Easterday, the rancher from southeast Washington who pleaded guilty in March to defrauding Tyson Foods Inc. of Springdale of $233 million, was scheduled to be sentenced in federal court on Tuesday.

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Merrill Lynch Names Charles Gaba Head of Memphis-Little Rock Market

He now oversees 65 financial advisers.

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Bank of America Promotes Brad McBride, Philip Hutchins in Arkansas

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Park Plaza Mall to Be Auctioned on Courthouse Steps

A date has been set for the financially-troubled mall to be sold.

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Whit Kilgroe Joins Stephens Group as General Counsel

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Commercial Projects Flourish in Jonesboro

The Uptown retail project attracts tenants displaced by March 2020 tornado.

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Confirmed: Regions Building Is for Sale

After nearly five years in bankruptcy court, a bankruptcy trustee for the 32 owners of the Regions Center in downtown Little Rock is preparing to sell the 30-story skyscraper.

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Simmons Completes Acquisitions of 2 Memphis-Area Banks

The deal makes Simmons the eighth-largest bank in Tennessee based on deposit market share.

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US Average Mortgage Rates Decline; 30-year at 2.99%

The Fed has signaled its belief that the economy has recovered sufficiently from the pandemic recession for it to soon begin dialing back the emergency aid it provided after the spread of coronavirus.

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Bank Profits Soar, Helped by Merger Frenzy, Fewer Bad Loans

Low interest rates remain a significant headwind for Wall Street's financial titans.

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Dwight Ford Named Executive VP, Chief Credit Officer at First Community Bank...

He has more than 26 years of experience in the industry.

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