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Median Household Income Rises 5.6 Percent in Arkansas

Arkansas, Louisiana, Mississippi and West Virginia had the lowest median household incomes for 2016.

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Bank 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.

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Bank 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.

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Arkansas 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.

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Generations 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.

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Even 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.

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Bank 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.

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Bank 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.

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Under 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...

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Everyone 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.

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Hospital 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.

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Pro 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.

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Springdale 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.

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Builders 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.

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Tedford 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.

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Arkansas 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.

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Women 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.

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Florida 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.

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Bear 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.

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$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...

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