Median Household Income Rises 5.6 Percent in Arkansas
Arkansas, Louisiana, Mississippi and West Virginia had the lowest median household incomes for 2016.
View ArticleBank of the Ozarks' George Gleason Reallocates Time to Oversee Loan Growth
George Gleason, chairman and CEO of Bank of the Ozarks, reshuffled his duties earlier this year to devote about 75 percent of his time to the bank's real estate specialties group.
View ArticleBank of the Ozarks Move Slices Reporting Obligations to Fed
When Bank of the Ozarks absorbed its parent company in June, the $20 billion-asset lender shed itself of two regulators.
View ArticleArkansas Banks Sub ITMs for Tellers to Gain Competitive Edge
Several Arkansas banks are using interactive teller machines to offer extended hours and better service to their customers, grow their deposits and gain a competitive edge, especially in new markets.
View ArticleGenerations Bank Files Foreclosure on Reams
Generations Bank filed a foreclosure suit in Benton County Circuit Court in an attempt to recoup more than $800,000 in loans provided to a Siloam Springs company.
View ArticleEven With Lien Lifted, Lawyers Still Squabble Over Quapaw House
Former law partners Scott Poynter and John Emerson continue to fight in court over liens and loans tied to 1887 Rozelle-Murphy House.
View ArticleBank of the Ozarks Director Recognized by Savoy Magazine
Bank of the Ozarks announced Tuesday that board member Paula Cholmondeley has been recognized by Savoy magazine as one of its 2017 Most Influential Black Corporate Directors.
View ArticleBank of the Ozarks 3Q Profit Up 26 Percent
Bank of the Ozarks this morning announced record profits of $96 million for the third quarter. The performance topped last year's third quarter net income of $76 million by 26.3 percent.
View ArticleUnder Pressure From Congress, IRS Suspends Equifax Contract
The IRS has suspended a $7.25 million contract with the credit reporting company Equifax after members of Congress complained the tax agency had awarded a no-bid contract to a company that recently had...
View ArticleEveryone Needs a Little Nudge (Gwen Moritz Editor's Note)
Richard Thaler was already a rock star among economists before he was awarded the Nobel Memorial Prize in Economic Sciences last week.
View ArticleHospital Vendors Earn Millions for Services
Tax forms filed by nonprofit hospitals in Arkansas provide a peek into the millions of dollars the hospitals spend on their vendors.
View ArticlePro Bono Work Can Also Be Good For Business, Bill Waddell Says
When Little Rock attorney Bill Waddell found himself in the national spotlight in August, he embraced it to spread the word on the first rural legal-medical partnership in Arkansas.
View ArticleSpringdale Contractor Faces Foreclosure
Arvest Bank of Rogers is seeking more than $1.3 million in a foreclosure suit filed against Springdale contractor James Randall Ball in Washington County Circuit Court.
View ArticleBuilders Association Looks at House of Incarcerated Former EVP
The former executive vice president of the Arkansas Home Builders Association, who helped herself to $100,000 of the association’s money, began serving her 12-year prison sentence in August.
View ArticleTedford and Son Leave Stephens Inc., Go In with Stephens Group
Bill Tedford has left Stephens Inc. after 51 years, along with son Alan, and they have hooked up with the other side of the Stephens family.
View ArticleArkansas Business Hall of Fame Inductees Announced
Four leaders who have made contributions to the finance and banking, fitness, transportation and steel industries make up the 2018 class of inductees for the Arkansas Business Hall of Fame.
View ArticleWomen Who Own Businesses Find Bank Loans Harder to Get
A survey of businesses conducted this summer found that 30 percent of companies owned by women were able to get bank loans during the previous three months, compared to half of all the owners surveyed.
View ArticleFlorida Hurricane Drives Home BancShares 3Q Profit Down 66 Percent
Home BancShares inc. of Conway, the parent company of Centennial Bank, reports third-quarter profit of $14.8 million, down 66 percent from the same quarter last year, as Hurricane Irma weighed on results.
View ArticleBear State Financial 3Q Earnings Up 8 Percent
Bear State Financial Inc. of Little Rock, which is selling Bear State Bank to Arvest Bank of Fayetteville, reports third-quarter earnings of $5.1 million, up 8 percent from the same quarter last year.
View Article$5M From First National Bank Gets Naming Rights to A-State Convocation Center
Arkansas State University's board of trustees vote to rename the university's Convocation Center to "First National Bank Arena" following a $5 million contribution to the Red Wolves Foundation from the...
View Article