Warehouse-Showroom Draws $1.8 Million Sale (Real Deals)
Jackson Street Group LLC, led by Matthew Lane and Lane Patterson, bought the Furniture Factory Outlet at 6527 Warden Road. The seller is FFO Wichita Partners LLC, led by Johnny Mizell.
View ArticleLatrecia Branch Finds Home at Stone (Movers & Shakers)
Latrecia Branch has been named as the new operations manager for Stone Bank in its Little Rock office.
View ArticleArkansas Marijuana Finally Set To Roll
When medicinal cannabis begins to be sold in Arkansas, possibly in April, a potential $100 million-a-year industry is poised to emerge from a complex and harshly criticized regulatory landscape.
View ArticleKansas Firm Buys Fayetteville's Longer Investments Inc.
Prime Capital Investment Advisors of Overland, Kansas, has agreed to acquire the assets of Longer Investments Inc. in Fayetteville.
View ArticleFirst Bank Deal of '19: Farmers & Merchants to Acquire Integrity First
When the acquisition of Integrity First Bank of Mountain Home is completed in the second quarter, Farmers & Merchants Bank of Stuttgart will grow by almost 50 percent, to $1.5 billion in assets.
View ArticleHome BancShares Reports $300M in 2018 Net Income, A Record
Home BancShares Inc. of Conway reports record fourth quarter earnings of $71 million.
View ArticleBank OZK Beats Earnings Estimates in 4Q
Bank OZK of Little Rock announces fourth-quarter net income of $115 million, down 21 percent from the same quarter last year, when the company got a big boost from a tax reform plan approved by Congress.
View ArticleState Unemployment Unchanged at 3.6 Percent
Arkansas' unemployment rate was 3.6 percent in December and unchanged from the previous month, according to a report released Friday by the state Department of Workforce Services.
View ArticleLynn Wright of Regions on Keeping Loan Growth Within Reach
Lynn Wright, the Little Rock market executive for Regions Bank, says that even with technology, banking is still a “people business.”
View ArticleDebbie Reynolds Named FNBC Bank Branch Manager (Movers & Shakers)
Debbie Reynolds has been hired as branch manager of FNBC Bank’s new office in Jonesboro.
View ArticleTransamerica Project Attracts $9.2M Sale (Real Deals)
A limited liability company led by Larry Crain Jr. purchased the 1400 Centerview Drive project and an adjoining 8.57-acre tract from Transamerica Life Insurance Co. of Cedar Rapids, Iowa.
View ArticleU.S. Reports Zero Bank Failures in 2018
In the period 2001-18, the number of U.S. bank failures reached their zenith in 2010, when 157 banks collapsed.
View Article'Thriving' Brokerage Industry Evolving as Investors Seek Humans
Despite the rise of online stock investing, Arkansas has seen a rise in the number of agents licensed to trade securities.
View ArticleIntegrity CEO Gary Childers: Farmers & Merchants Came Calling
Integrity First Bank of Mountain Home was not actively seeking a buyer when the CEO of Farmers & Merchants Bankshares in Stuttgart rang.
View ArticleTo HELOC and Back: Home Equity Lines of Credit Regain Popularity
As home equity lines of credit revive with the rise of house values, local lenders like Arkansas Federal Credit Union expect more.
View ArticleStock Tumble at Bank OZK Attracts Lawsuits
Bank OZK’s growing recognition as a lead player on the national commercial lending scene contributed to a burgeoning audience of investors. And that success also heightened the bank’s profile as a...
View ArticleSimmons Dismisses Lawsuit Against Soul of the South Investors
Simmons Bank of Pine Bluff dismissed its lawsuit against investors in the troubled Soul of the South venture without prejudice on Jan. 10.
View ArticleSimmons Posts Record Profit for 2018: $215.7M
Simmons First National Corp. of Pine Bluff, bulked up by two acquisitions in late 2017, announced Tuesday record net income of $215.7 million for 2018, more than twice its profit in 2017.
View ArticleAFCU Offers Interest-Free Loans to Government Workers Affected by Shutdown
As the partial government shutdown continues, Arkansas Federal Credit Union will continue to offer interest-free loans to its members who are preparing to miss another paycheck.
View ArticleArkansas Banks Offer Help During Partial Government Shutdown
The Arkansas Bankers Association says 14 Arkansas banks are among financial institutions offering "quick" loans, fee waivers and reduced interest rates to federal workers affected by the partial...
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