Farmers Bank of Magnolia Looks To Prosper with Texas Branch
Twelve of the 103 banks chartered in Arkansas have branches in other states. One of them is Farmers Bank & Trust of Magnolia, which was doing business 50 miles away in Texarkana, Texas, even before...
View ArticleTwo Others in Hunt for Allied Before Today's Bank Took Ownership
So you want to know more details about the regulatory-mandated sale of Allied Bank of Mulberry. We aim to please. Today’s Bank of Huntsville was awarded ownership of the $66.3-million asset lender with...
View ArticleMcLarty Capital Partners, USDA Launch Private Investment Fund
The U.S. Department of Agriculture has partnered with McLarty Capital Partners of Little Rock to launch a private investment fund the two groups said could inject $100 million in rural small...
View ArticleUS Homebuilders' Confidence Eases Slightly
U.S. homebuilders' confidence eased this month after surging to the highest level in nearly a year in September. Even so, builders remain optimistic overall about sales growth in months ahead, a...
View ArticlePete Yuan Off to Texas, IberiaBank Names New Arkansas Leader
IberiaBank Corp. on Monday said Gregory K. Smithers, an executive vice president and regional president of the bank's Tennessee operations, will now also oversee the bank's Arkansas operations....
View ArticleHome BancShares 3Q Profit Up 22 Percent
Home BancShares Inc. of Conway on Thursday reported record quarterly profit of $43.6 million, up 22 percent from $35.7 million in the same quarter last year. It was the 22nd straight quarter of record...
View ArticleIn Little Rock, Chase Economist Finds Economic Recovery Going Well
"We're not in crisis; we're getting back on our feet," economist Jim Glassman told a small gathering of business professionals Wednesday at an economic outlook luncheon sponsored by Chase, the Little...
View ArticleReport: Building Permits, Homes Sold Increase in Northwest Arkansas
In northwest Arkansas, building permits have increased, the supply of remaining lots continued to fall and the number of complete but unoccupied houses remains low, according to Arvest Bank's...
View ArticleSimmons First 3Q Net Income Up 8 Percent
Simmons First National Corp. of Pine Bluff on Wednesday reported third-quarter net income of $23.4 million, up 8 percent from the same quarter last year. The company also reported diluted earnings per...
View ArticleReport: Arkansas Medical Pot Plan Costs More Than It Raises
LITTLE ROCK - Competing proposals to legalize medical marijuana in Arkansas would cost the state more to administer than they would create in new tax revenue, state finance officials said Thursday,...
View ArticleBear State Financial 3Q Earnings Up 47 Percent
Bear State Financial Inc. of Little Rock on Thursday reported third-quarter earnings of $4.7 million, up 47 percent from the same time last year. The company, which passed the $2 billion asset mark...
View ArticleVenture Center Announces New Dates for FinTech Accelerator
The Venture Center of Little Rock on Friday announced that dates for its 2017 FinTech Accelerator have changed. The center said the dates changed so that the participants can engage more with senior...
View ArticleNatalie Ghidotti on If There's an Overlap Between Skills and Generation Gaps
Natalie Ghidotti is the CEO and principal of Ghidotti Communications of Little Rock. Ghidotti, a graduate of Texas Christian University, founded Ghidotti Communications, a public relations consulting...
View ArticleGurdon Girding for More Bank Competition
The competitive field of banks in southern Clark County could triple in the near future. Bank of Delight (Pike County) has opened a branch in Gurdon, and Southern Bancorp Bank of Arkadelphia intends to...
View ArticlePlanned Bank Buy Not First Time for Pinnacle, Central to Consider Merger
The proposed sale of Pinnacle Bancshares Inc. marks a second go-around of sorts for Central Bank of Little Rock. Back in 2009, the $81 million-asset lender intended to merge with Pinnacle Bank of...
View Article$2.8 Million Transaction Visits LR’s Legacy Hotel (Real Deals)
A historic hotel in downtown Little Rock tipped the scales at $2.85 million. SHG Management LLC, led by Kishan Patel, bought the 86-room Legacy Hotel at 625 W. Capitol Ave. The seller is Southern...
View ArticleEmployers Seek Hires With Soft Abilities Like Attitude, Teamwork
The job applicant had a brilliant resume and precisely the technical skills the company wanted. But when her interviewer asked how she handles conflicts with co-workers, the surefire prospect lost her...
View ArticleNo Surprise: Higher Pay Helps Attract, Retain Employees
In order to remain competitive with other retailers, Wal-Mart Stores Inc. announced early last year that it was going to start paying its workers at least $9 an hour and raise the minimum to $10 this...
View ArticleEmployment, Earnings Tied to Education Credentials
Unsurprisingly, the more education a worker has the likelier she is to have a job and the higher her earnings are, although a professional degree — physician, lawyer — means both a lower unemployment...
View ArticleA Holiday Proposal (Editorial)
“Let all who read this know: The day on which Americans go to the polls to elect their president is hereafter to be a federal, state and local holiday, to be observed by private businesses and...
View Article