by - May 7, 2023 8:16 am
TWAS Properties LLC made the most significant residential and commercial property transfer in Craighead County, from March 15 through April 15, according to the Craighead County Assessor’s Office. The company…
by - May 3, 2023 8:25 am
Editor’s Note: The following story appeared in the April 24 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - May 2, 2023 10:49 am
With just two months remaining in Arkansas’ fiscal year, tax revenue is on track to beat the record collections in the previous fiscal year. Also, the state’s revenue surplus was…
by - May 1, 2023 1:01 pm
FNBC President and CEO Marty Sellars recently announced that Alan Price has been promoted to community president for FNBC’s in Sharp County operations, which includes Ash Flat, Cherokee Village, Highland…
by - April 27, 2023 8:39 am
Natural Capital, a Little Rock-based private investment firm with a heavy Northwest Arkansas influence, is leaning into those connections. According to a Form D filing with the U.S. Securities &…
by - April 26, 2023 6:27 pm
The Venture Center officially opened registrations for VenCent a fintech summit for bankers and financial service providers. The event will be held Aug. 14-15 in Little Rock connecting banking leaders,…
by - April 25, 2023 7:50 am
Pine Bluff-based Simmons First National Corp. reported Tuesday (April 25) net income of $45.6 million for the first quarter of 2023 compared to $65.1 million in the first quarter of…
by - April 23, 2023 9:05 pm
The Arkansas Bankers Association recently announced their new slate of officers for 2023-2024 at the 133rd ABA annual convention. New officers include: Chairman: Jim Taylor, First Security Bancorp, Rogers Chairman-Elect:…
by - April 23, 2023 9:02 am
Editor’s Note: The following story appeared in the April 10 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - April 20, 2023 5:27 pm
Bank OZK announced Thursday (April 20) that net income for the first quarter of 2023 was a record $165.9 million, a 29.5% increase from $128 million for the first quarter…
by - April 20, 2023 10:49 am
Danville-based Chambers Bank has promoted Curtis Spatz of Prairie Grove to the newly created chief strategy officer position. With the new job, Spatz joins the bank’s executive committee as a…
by - April 20, 2023 10:18 am
The Cashion Company Insurance and Bonding, LLC has announced an expansion of its leadership team. The new leadership group includes: Matthew K. Cashion, Jr., President Andrew Davie, Executive vice president…
by - April 20, 2023 9:59 am
Thanks in large part to higher interest rates, Conway-based Home BancShares posted an almost 60% net income gain in the first quarter compared with the same quarter in 2022. Per…
by - April 18, 2023 2:12 pm
White River Bancshares Co., the holding company for Fayetteville-based Signature Bank of Arkansas, reported net income of $340,000, or 34 cents per diluted share, in the first quarter. That’s 80%…
by - April 18, 2023 1:36 pm
FNBC has hired Kyle Davidson as its community president in Mountain Home. He succeeds Chad Hudson, who has held the role since 2010, and will continue to serve FNBC as…
by - April 18, 2023 1:33 pm
Various ratios measure a bank’s performance. One of the benchmark percentages is ROA, short for return on assets, which is a bank’s net income divided by its total assets. As…
by - April 18, 2023 12:15 pm
The phrase “safe and sound” originates from Shakespeare’s play, “The Comedy of Errors.” In more recent times, it is a guiding principle of the federal regulatory bodies that oversee the…
by - April 18, 2023 12:06 pm
Walmart has returned to the debt market to raise about $5 billion in capital that will be used for general purposes, the company said. The retail giant is selling notes…
by - April 18, 2023 7:26 am
The board of directors of Farmers and Merchants Bank and The Bank of Fayetteville announced the promotion of two employees to key leadership roles. Blake Holzhauer will serve as Chief…
by - April 17, 2023 10:46 am
The mortgage division of one of the state’s largest banking organizations is committing $100,000 to help first-time homebuyers. FNB Mortgage, a division of Fort Smith-based holding company First Bank Corp.,…
