A trial in a federal case against former executives of One Bank & Trust of Little Rock, which was set to begin today, has been postponed until July 11, U.S. District Judge Kristine Baker ordered on Friday.
Defendants in the bank-fraud case include Michael Heald, former chief operating officer at One Bank, and Bradley Paul, former executive vice president at One Bank.
Gary Rickenbach, former senior executive vice president with One Bank, technically is also a defendant. Rickenbach pleaded guilty in the case, but Baker has yet to accept his plea and plea agreement with the government.
One Bank received several federal sanctions, including one in 2012 in which regulators demanded that Layton Stuart, chairman, chief executive officer and owner of the bank, resign. Stuart died several months later in March 2013.
-- David Smith