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Citizens Bank's Batesville HQ Sets Model for New Branches

The directors of Citizens Bank at Batesville were already contemplating a new headquarters building when they hired Phil Baldwin as CEO in 2013. The 37,000-SF $13.8 million building finally opened last...

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Farmers B&T of Magnolia to Acquire Bank of Prescott

Farmers Bank & Trust of Magnolia announces a deal to acquire the Bank of Prescott in the third quarter of 2019, but the financial terms of the deal were not released.

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Briarwood, Spring Valley Apartments Draw $21.5M Combo Deal (Real Deals)

Affiliates of Vesta Capital of Leawood, Kansas, purchased the 280-unit Briarwood Apartments for $13.58 million and the 245-unit Spring Valley Apartments for $8 million.

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Arkansas Capital Corp. Awarded $35M in New Markets Tax Credits

Arkansas Capital Corp. of Little Rock received word Thursday that it has once again received new markets tax credits, this time totaling $35 million.

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Markham West Ownership Shifts in $19.7M Transaction (Real Deals)

Affiliates of Weingarten Realty of Houston, Texas, were on either side of a $19.75 million transaction involving a 166,735-SF retail project in west Little Rock.

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Alan Price Set at Citizens Bank (Movers & Shakers)

Alan Price has joined Citizens Bank of Batesville as a commercial loan officer.

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Briarwood, Spring Valley Apartments Draw $21.5M Combo Deal (Real Deals)

Affiliates of Vesta Capital of Leawood, Kansas, purchased the 280-unit Briarwood Apartments for $13.58 million and the 245-unit Spring Valley Apartments for $8 million.

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Social Security Complex Sells for $7.4M (NWA Real Deals)

A Fayetteville investor paid $7.4 million for a 6-acre office complex on East Joyce Boulevard that is anchored by Fayetteville’s Social Security Administration branch.

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Acquisitions Alter List of 75 Largest Private Companies in Arkansas

The departures of five companies that were acquired in the past year made room at the bottom of the list for companies that had not made the cutoff last year — or ever. The price of entry to the list?...

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First Security Bancorp Burgeons Into Big Time

These days, the First Security name is shared among 21 lenders in 15 states around the nation. But the biggest in the land by far is the $5.3 billion-asset financial institution that makes its home in...

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Karama Neal Tabulates Successes of Southern Bacorp Community Partners

Karama Neal, president of Southern Bancorp Community Partners, gives credit to "critical mix" that have kept her company at the forefront of public policy.

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LR Accounting Firm Names 2 New Partners

Little Rock accounting firm Frost PLLC announced Wednesday the addition of two new partners: Robert Wolfe and Adam Jones.

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Shane Sweetin Pleads Guilty to Lying On Loan Applications

Marcus Shane Sweetin of Little Rock pleaded guilty Thursday to making false statements on loan applications, costing AgHeritage Farm Credit, BancorpSouth Bank and Regions Bank more than $3.3 million.

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FDIC Enters Consent Order With 'Unsafe or Unsound' Home Bank of Arkansas

The April 8 order, which was released publicly by the FDIC on Friday, charges the leadership of the $76 million-asset lender with unsafe or unsound banking practices.

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Presenting the 40 Under 40 Class of 2019: An Annual List of Rising Stars

Meet 40 impressive young business and community leaders of Arkansas who will give you confidence that our state will be in good hands for decades to some.

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Scott Miller Accepts State Banking Board Appointment (Movers & Shakers)

Scott Miller, the Boone County market president for Anstaff Bank of Green Forest, has been appointed to a five-year term on the Arkansas State Banking Board by Gov. Asa Hutchinson.

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Simmons Bank Selects Jeff Richardson for Saline County (Movers & Shakers)

Jeff Richardson has been promoted to community executive for Simmons Bank in Saline County.

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Transaction of $10.7M Flows to Chenal Creek (Real Deals)

An affiliate of Crow Holdings of Dallas bought the 27,718-SF retail center in west Little Rock.

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And Now: Good News (Editorial)

We have suggested to Michael Pakko, the state economic forecaster, that the volume of Movers & Shakers landing in our queue be considered an economic indicator. By that indication, Arkansas’...

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Fake It Till You Break It (Gwen Moritz Editor's Note)

Overestimating one’s own competence is not really the news here. What's new is the consistency with which other people — complete strangers, even — interpret confidence as competence.

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