Banking & Finance

Centennial Says Jeremy Hutchinson in Default
Jeremy Hutchinson

Centennial Says Jeremy Hutchinson in Default

Centennial Bank of Conway has sued state Sen. Jeremy Hutchinson for $30,037.69, plus interest and late fees, the unpaid balance of a $50,000 business loan made to him in 2011.
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Eagle Bank Takes Q1 Loss After Mortgage Expansion

Jumping talons-first into a new line of business can be expensive. Just ask Cathy Owen.
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Simmons Bank Names Franklin Shirrell Chief Retail Officer

Simmons Bank names Franklin Shirrell of Southlake, Texas, chief retail officer.
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Walter Quinn Takes Over Mortgage, Pays Delinquent Taxes

Real estate records indicate that two mortgages remain in place on Walter Quinn's west Little Rock home.
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US Average Mortgage Rates at 7-Year Highs

Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years amid the peak home buying season. read more >

Simmons Bank Donates Record $2.5M to UAPB Athletics

A record $2.5 million gift from Simmons Bank to the University of Arkansas at Pine Bluff athletic program means short-term cosmetic improvements and, hopefully, a long-term competitive edge, officials and coaches said Tuesday. read more >

Simmons Bank Gives $2.5M to UAPB for Athletics

Simmons First National Corp. CEO George Makris this morning announced a $2.5 million donation to the athletics program at the University of Arkansas at Pine Bluff. read more >

Bank of the Ozarks Plans Expansion in Ozark

George Gleason could have decided to put a new operations center for Bank of the Ozarks in many cities, from New York to California, and Texas or Florida. read more >

Bank Buys Spur Talk in Corner Markets This article is available only in print.

Down in Ashley County, a Louisiana suitor is pursuing the parent company of Crossett's First National Bank in a $12.8 million deal. read more >

75 Largest Private Companies in Arkansas Combine for $38.9B This article is available only in print.

Revenue at Arkansas Blue Cross & Blue Shield topped $2.5 billion last year, a milestone achieved by only one other company in the 30 years that Arkansas Business has been ranking private companies by revenue. read more >

Arkansas Sees 1.1 Percent Increase in GDP

Real gross domestic product grew in 47 states and the District of Columbia in 2017, averaging 2.1 percent nationally, according to the U.S. Bureau of Economic Analysis. read more >

Citizens Bank Promotes Two to Retail Branch Manager (NEA Movers & Shakers)

Melissa Wood has been promoted to retail branch manager for Citizens Bank at the Eagle Mountain branch in Batesville and Scott Shelby has been promoted to retail branch manager in Imboden. read more >

Chris Roberts to Head Market Operations for Southern Bank (Movers & Shakers)

Roberts will oversee the commercial lending and branch operations of Southern Bank for central Arkansas. read more >

US Average Mortgage Rates at 7-Year Highs

Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years amid the peak home buying season. read more >

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