by - April 30, 2019 6:45 pm
Banking’s future discussed at lending conference
When a young Randy Dennis entered the banking profession decades ago, he was told things were about to rapidly change in that industry. A new invention – the ATM –…
Tag: banks
by - December 19, 2016 6:20 pm
As FDIC bank failures ebb, Arkansas banks look for growth opportunity, acquisitions elsewhere
As the number of bank failures across the U.S. has slowed following the Great Recession, Arkansas’ largest financial institutions can no longer find easy and cheap pickings from the menu…
by - September 12, 2016 3:31 pm
Increased competition squeezes bank margins in Northwest Arkansas
The health of the state’s banking economy is sound but competition in the Northwest Arkansas market is taking a toll on net interest income while at the same time regulatory…
by - June 8, 2016 9:11 am
Arkansas banks see 25% jump in first quarter net income, post growth in assets and loans
The 104 banks in Arkansas posted cumulative net income of $248 million in the first quarter, up 25% compared to $198 million in the same period of 2015, according to…
by - June 1, 2016 4:20 pm
U.S. first quarter bank income down 2%, energy sector contributes to ‘mixed’ results
Net income at the 6,122 banks and savings operations insured by the Federal Deposit Insurance Corp. (FDIC) fell 2% in the first quarter, with higher provisions for loan losses a…
by - March 8, 2016 3:55 pm
Northwest Arkansas banking sector sees mixed profit levels during 2015
Four of the five large-to-medium size banks based or active in Benton and Washington counties surveyed by Talk Business & Politics reported modest to steady net income growth throughout 2015….
by - December 15, 2015 9:44 pm
Bankers, economists predict modest growth for Arkansas economy, some concerns noted
Arkansas bankers are forecasting modest growth in 2016 based on improvements noted in several recent financial reports. John Silvia, chief economist with Wells Fargo Securities, said during the company’s 2016…
by - December 8, 2014 6:38 pm
Arkansas banking sector better in 2014, healthy outlook predicted in 2015
The state’s banking sector has climbed out of the doldrums in the past few years and through three quarters of 2014 the financial sector is healthier than a year ago,…
by - September 11, 2014 7:51 pm
Fort Smith area bank profits dip in first half of 2014
The number of bad loans banks are writing off may have dropped in the last year or more, but it does not mean profits are necessarily increasing at Fort Smith…
by - June 9, 2014 3:36 pm
Finances improve among struggling banks, but not all are clear of oversight
Community bank soundness is another sign of the local economic recovery in Benton and Washington counties as well as the Fort Smith metro area. Through the first quarter of 2014…
by - January 1, 2014 7:02 pm
Oil, steel were big Arkansas business deals in 2013
In business and in politics, 2013 saw some major deals reshape the Arkansas landscape. From superprojects to spin-offs to creative solutions, below are the biggest deals of the year. House…
by - December 9, 2013 4:21 pm
Bank of the Ozarks to buy Houston-based bank
Bank of the Ozarks says it has entered into a definitive agreement and plan of merger with Bancshares, Inc. of Houston, Texas. Under the terms of the agreement, Bank of…
by - May 31, 2013 1:11 pm
First quarter Arkansas bank income up 30.6%
A reduction in real estate holdings and the monetary value of problem loans is the top reason why Arkansas bank income was up more than 30% during the first quarter…
by - December 20, 2012 3:44 pm
Arkansas third-quarter bank income up 8.9%
The 126 FDIC-insured banks in Arkansas reported a combined $502 million in net income during the third quarter of 2012, up from $461 million in the same period of 2011,…
by - August 28, 2012 12:18 pm
U.S. bank earnings up 21% as loan losses decline
U.S. banks had net income of $34.5 billion in the second quarter, increasing earnings 21% over the year-earlier period on improved asset quality, the Federal Deposit Insurance Corp. said. Industry…
by - February 28, 2012 4:06 pm
Fort Smith area bank profits improve
Six local banks among those with the largest market share in the Fort Smith metro area combined to earn $463.450 million in 2011. This marked a year-over-year improvement for five…
by - February 28, 2012 3:20 pm
NWA bank profits improve amid fewer charge-offs
It’s been a long four-year recovery for Northwest Arkansas’ banking sector, but 2012 looks a bit brighter as local banks made steady progress last year. The 16 community banks surveyed…
by - February 9, 2012 12:03 pm
Parties agree to landmark foreclosure settlement
After 16 months of investigation and several months of negotiations, federal and state regulators announced a landmark settlement with 5 of the nation’s largest banks regarding abuses in the mortgage…
by - January 23, 2012 3:52 pm
Treasury asks banks to submit TARP repayment plans
Seven banks in Arkansas are still on the hook to the Treasury Department for more than $93 million they took as part of a government initiative in early 2009 known…