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Encore Bancshares Announces Four New Board Members (Movers & Shakers)

Garrett Frost, Rita Lowman, Chad McNair and Mark Richardson will serve on the board.

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After $30M Merger, Abaca Says Mission Remains the Same

In the weeks after Arkansas cannabis financial firm Abaca was acquired for that amount by Colorado’s SHF Holdings Inc. late last year, Abaca co-founder Dan Roda says in some ways, very little.

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Proposed Ban on Noncompetes Generates Concerns

A labor law attorney’s advice to companies concerned about the Federal Trade Commission’s proposed rule that would block employers from asking workers to sign noncompete agreements? Don’t panic.

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Loan Delinquency Rate Hit All-Time Low in Q3

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Survey: Firms Expect Job Cuts in '23 Amid Recession Fears

However, due to inflation, the survey shows that businesses still expect to pay higher wages for the workers they are holding onto.

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Disgraced Judge Accuses Relative of Bank Snooping

Former District Court Judge Joseph Boeckmann has sued his sister-in-law, a bank employee in Wynne.

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Simmons Posts Record Revenue, Lower Profit in 2022

The bank reported slowing activity in its commercial loan pipeline, which it attributed to "softening prospects of economic growth."

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State Unemployment Rate Declines to 3.6%

Gains were reported in manufacturing and education, while retail payrolls declined.

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US Economy Slowed But Still Grew at 2.9% Rate Last Quarter

Most economists think the economy will slow further in the current quarter and slide into at least a mild recession by midyear.

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Average Long-Term Mortgage Rate at Lowest Level in 4 Months

Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched down to 6.13% from 6.15% last week. A year ago the average rate was 3.55%.

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St. Louis Fed Promotes Matuschka Lindo Briggs to Senior VP

She's now senior vice president and regional executive of the bank's Little Rock branch.

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Sale Price Revealed for Murphy Oil HQ in El Dorado

First Financial Bank is moving its headquarters there from the First Financial Centre at 214 N. Washington Ave.

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Fayetteville Company Sues Jonesboro Firm Over Unpaid Loans

Moneyball LLC filed a lawsuit against Rice SAC Investments LLC of Jonesboro for loans borrowed in May 2022.

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Offerings Surpass $700M in 2022

Banking and real estate proved to be popular venues for in-state offerings.

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Leaders Give the Team What They Need (Barry Goldberg On Leadership)

A leader’s job: Provide the team with what they need to remain engaged and focused.

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Judge Denies Request for Warren Stephens' Records in LIV Golf-PGA Tour Dispute

LIV Golf wanted access to all communications between PGA board members and certain Augusta National members, including Stephens, as part of an antitrust lawsuit.

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Fed, Set to Impose Smaller Hike, May Hint of Fewer Increases

A change in its statement, if there is one, could be seen as signaling an eventual pause in the Fed's aggressive drive to raise borrowing costs.

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IMF Upgrades Outlook for the Global Economy in 2023

It now expects the world economy to grow 2.9% this year. That forecast is better than the 2.7% expansion for 2023 that the IMF predicted in October.

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White River Bancshares' Profit Falls in Q4, Full Year

Expansion expenses hit income, but they also contributed to double-digit percentage gains in loans and deposits.

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Fed Lifts Rate by Quarter-Point, Says Inflation is Easing

The Fed's rate increase Wednesday, though smaller than its half-point hike in December and the four three-quarter-point hikes before that, will likely further raise the costs of many consumer and...

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