Most Simmons First Executives See Pay Drop in 2016
George Makris Jr., 60, chairman and CEO of Simmons First National Corp., received total compensation of more than $2.4 million during 2016. That was almost 22.4 percent lower than 2015, according to...
View ArticleFed Hikes Key Rate for Second Time in 3 Months
WASHINGTON — The Federal Reserve has raised its benchmark interest rate for the second time in three months and signaled that any further hikes this year will be gradual. The move reflects a...
View ArticleGovernor Appoints Arkansas CEOs to Study State's Computer, Data Sector
Gov. Asa Hutchinson on Friday announced the formation of the blue ribbon commission to study how to grow the state's computer science and data analytics sector. The 19-member commission, co-chaired by...
View ArticleMemory Care Facility Visited by $14M Sale (Real Deals)
A 74-bed assisted living center in west Little Rock weighed in at $14.07 million. MHI Little Rock Ltd., an affiliate of Mainstreet Health Investments of Carmel, Indiana, bought the 43,988-SF Memory...
View ArticleStop Payday Lending – Again (Editorial)
Arkansans have repeatedly affirmed at the ballot box that they oppose predatory lending. Amendment 89 to the state Constitution caps interest rates at 17 percent, and in 2008, Attorney General Dustin...
View ArticleArkansas Business Presents The Influencers
Meet five leaders in business and education who are influencing their industries, their communities and the future of Arkansas. Click below to read their stories. Darrin WilliamsSouthern Bancorp...
View ArticleArkansas Unemployment Rate Through the Years
The Federal Reserve Bank of St. Louis, which researches a number of economic issues, is the source for the accompanying chart, which tracks Arkansas’ unemployment rate from Jan. 1, 1976, through Dec....
View ArticleThe Influencers: Darrin Williams of Southern Bancorp
Darrin Williams stepped into leadership at Southern Bancorp Inc. after coming to prominence as a successful Little Rock lawyer and state legislator. As CEO of Southern Bancorp, Williams, 48, oversees...
View ArticleVenture Center, Bear State Bank Partner on FinTech Accelerator
The Venture Center of Little Rock on Thursday announced its partnership with Bear State Bank for the 2017 VC FinTech Accelerator, which is sponsored by global technology services provider FIS and held...
View ArticleUS Home Sales Slowed in February After January Surge
WASHINGTON — Americans retreated from buying existing homes in February, a pullback after sales in January had surged to the fastest pace in a decade. But over the past 12 months, sales are up solidly....
View ArticleSPONSORED: Smart Uses for Your Tax Return
What's not to love about receiving money? It's why millions and millions of people play the lottery each year. And while most won't be lucky enough to win the jackpot, they may very well receive money...
View ArticleUS New Home Sales Rise Despite Higher Mortgage Rates
WASHINGTON — Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. New-home sales rose 6.1 percent month-over-month to a seasonally adjusted...
View ArticleFirst Security Bank Muscles Into Russellville
Two Arkansas banks have added to their inventory of brick-and-mortar locations during the first quarter and two more have new branches in the works. First Security Bank of Searcy expanded its...
View ArticleSouthern Bancorp Plans To Raise $20M
The ownership of Southern Bancorp Inc. recently underwent change to simplify its stock structure and create a more market-friendly organization. The parent company of Arkadelphia’s Southern Bancorp...
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Majestic Fire Prompts Splash of Hot Springs Development
The fire that destroyed the historic Majestic Hotel in Hot Springs three years ago helped prompt a wave of development in the downtown district. After the fire that burned much of the vacant Majestic,...
View ArticleZombies Beware: Pine Bluff Is Rising
Highland Pellets founder Tom Reilley’s first impression of downtown Pine Bluff three years ago was an indelible sight: a tree growing through the roof of a dilapidated grand hotel. The tree was a pine;...
View ArticleRoles Shift in Golden Bankruptcy
The early stages of the Chapter 7 bankruptcy of Lex and Ellen Golden have had a revolving door quality. U.S. Bankruptcy Judge Phyllis Jones stepped down as the presiding judge in the Little Rock...
View ArticleConway Booms, Setting Retail Records
Commercial development is thriving in Conway, evidenced by the nearly complete $65 million Lewis Crossing shopping center and plans for a startup space the city hopes will attract new and existing...
View ArticleHome BancShares Nabs Florida's Stonegate Bank in $778.4M Deal
Home BancShares Inc. of Conway, the parent company of Centennial Bank, said Monday that it will acquire Stonegate Bank of Pompano Beach, Florida, a $778.4 million deal that expands Centennial's...
View ArticleBank of Star City Fined for Flood Insurance Violations
The Bank of Star City has agreed to pay an $11,000 civil penalty for violations of the National Flood Insurance Act, the Federal Reserve System disclosed Tuesday. In the order entered on Monday, the...
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