Home BancShares 3Q Profit Another Record
Greater regulatory costs and expenses associated with a company performance goal weren't enough to keep Home BancShares Inc. of Conway from reporting on Thursday another quarter or record profit.
View ArticleCheryl Schluterman to Lead Arkansas Development Finance Authority
Cheryl Schluterman, vice president for finance and administration at the Arkansas Development Finance Authority, has been named interim president of the ADFA, effective immediately.
View ArticleState Unemployment at 3.5 Percent in September, Lowest on Record
Arkansas' unemployment rate declined to 3.5 percent in September, down one-tenth of a percentage point from the previous month, according to a report released Friday by the state Department of...
View ArticleBank OZK 3Q Profit Down 23 Percent
Bank OZK of Little Rock on Thursday reported third-quarter net income of $74.2 million, down about 23 percent from the same quarter last year.
View ArticleNursing Home Quartet Add Up to $15.4M Sale (Real Deals)
Affiliates of Strawberry Fields REIT Ltd. of South Bend, Indiana, bought the four properties from affiliates of Skyline Health Care of Wood-Ridge, New Jersey.
View ArticleU.S. Household Debt Reaches $13.29 Trillion
Total household debt in the United States rose to $13.29 trillion in the second quarter of 2018, a 0.6 percent increase from the first quarter. It’s the 16th straight quarter that debt has increased.
View ArticleArmor Bank Moves Into Former MNB Branch
Forrest City’s Armor Bank is looking to increase its Little Rock presence by setting up shop in a former Metropolitan National Bank branch.
View ArticleDiamond Bank Heads Into Hector
Diamond Bank of Murfreesboro has targeted a bankless community in Pope County for its next expansion.
View ArticleSignature Bank Makes Return to Rogers Mix
Fayetteville’s Signature Bank of Arkansas is re-entering the Rogers market with a full-service branch at 3712 S. Pinnacle Hills Parkway.
View ArticleSimmons Bank Brings New Deposits to Pine Bluff
Arkansas bank deposits grew by almost $2.5 billion to $66.7 billion in the year that ended June 30. Almost three-quarters of the additional deposits — $1.8 billion — flowed into a single institution.
View ArticleLorrie Trogden Named CEO of Arkansas Bankers Association
Trogden, formerly associate executive director and director of government relations at the Arkansas Bar Association, succeeded William R. “Bill” Holmes.
View ArticleRosalyn M. Anthony Says OCC Stays Charter Member of the Community
From her post at the Office of the Comptroller of the Currency, Rosalyn M. Anthony looks at a trend of dwindling national banks.
View ArticleEntrepreneur John James Starts Engine, Raising $4M for E-Commerce Software Firm
Fayetteville entrepreneur John James has raised nearly $4 million for his latest startup, Engine, which sells business management software to e-commerce retailers.
View ArticleWith Converted Charter, Helena National Plans Name Change, Bigger Territory
Helena National Bank completed the conversion of its national charter to an Arkansas state bank charter on Thursday, and is now officially (and temporarily) known as HNB Bank.
View ArticleSchwyhart Creditor Raises Fraud Claim
A renewed debt collection effort against Bill Schwyhart, the once prominent Rogers real estate developer, has followed him to Texas and rekindled the interest of dormant creditors.
View ArticleSmall Banks Find Niche in Arkansas While Facing Unique Challenges
Bank consolidation nationally is continuing on a similar pace to recent years, but it has been a slower year in Arkansas, especially for the smallest banks.
View ArticleSimmons First 3Q Net Income Up 91 Percent
Simmons First National Corp. of Pine Bluff on Monday announced record net income of $55.2 million, up 91 percent from the same quarter last year.
View ArticleFIS CEO Talks About the Next 50 Years
Fidelity National Information Services Inc. of Jacksonville, Florida, celebrated its 50-year anniversary this month. But CEO Gary Norcross has an eye to the future and the daunting task of continuing...
View ArticleU.S. New-Home Sales Slump for 4th Straight Month
Sales of new U.S. homes plunged 5.5 percent in September, the fourth straight monthly drop as the housing market cools with mortgage rates rising.
View ArticleGiving Back Improves Your Business and Your Community (Heather Larkin...
Corporate charitable giving is one way businesses help improve their communities. But companies may not be aware of the substantial benefits corporate giving brings to the business itself.
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