Stealth offering
by February 22, 1999 12:00 am 56 views
Arkansas has another publicly held bank: Superior Financial Corp. quietly began trading on the over-the-counter market on Feb. 4 at $11.25 per share. The Fort Smith-based holding company owns Superior Federal Bank, the state’s largest thrift with $1.4 billion in assets.
Superior Federal has 50 offices in Arkansas and Oklahoma.
Executives of the newly public company include C. Stanley Bailey, chairman and CEO; C. Marvin Scott, president; and Rick Gardner, chief financial officer.