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Thursday, January 19, 2017, 3:39 p.m.


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David Smith

Stories by David

State home sales rise by 25% in November

posted: 01/19/2017 2:16 a.m. Discuss

Home sales in Arkansas jumped almost 25 percent in November compared with November 2015, the Arkansas Realtors Association said Wednesday.

Pine Bluff bank posts 4Q earnings of $27M

posted: 01/19/2017 2:15 a.m. Discuss

Simmons First National Corp. had a net income of $27 million in the fourth quarter last year, the Pine Bluff-based bank said Wednesday.

Lender's quarter earnings up 71%

posted: 01/18/2017 2:13 a.m. Discuss

Bank of the Ozarks earned a record $87.8 million in the fourth quarter last year, a 71 percent increase from $51.5 million in the same period of 2015, the Little Rock firm said Tuesday.

Stephens top bond underwriter

posted: 01/12/2017 2:18 a.m. Discuss

Stephens Inc. was the No. 1 underwriter of tax-exempt municipal bonds in Arkansas last year, according to Thomson Reuters.

Power pool touts 14-state savings of $1B

posted: 01/08/2017 2:11 a.m. Discuss

In the past two years, one little-known, high-paying Little Rock company has saved its customers more than $1 billion.

Car-Mart shares soar 64% in '16, top index

posted: 12/31/2016 2:07 a.m. Discuss

Bentonville-based America's Car-Mart, which has 143 used-car dealerships in 11 states, had the best year of the major Arkansas public companies, finishing 2016 up almost 64 percent.

State's banks making most of Big Apple

posted: 12/25/2016 6:12 a.m. Discuss

Bank of the Ozarks of Little Rock, the largest bank in the state, with more than than $18.4 billion in assets, has grown its New York business since 2011 to more than $4.3 billion in funded and unfunded loans.

State bankers hope Trump loosens rules

posted: 12/18/2016 2:05 a.m. Comments 3

Bankers expect to receive relief from what some consider to be egregious regulations after Donald Trump becomes president, Candace Franks, commissioner of the state Bank Department, said last week.

State jobless rate holds steady at 4%

posted: 12/17/2016 1:54 a.m. Discuss

The unemployment rate in Arkansas in November remained unchanged at 4 percent compared with October, the U.S. Bureau of Labor Statistics said Friday.

October housing sales up in state

posted: 12/17/2016 1:53 a.m. Discuss

Arkansas home sales in October essentially were unchanged compared with a year earlier, the Arkansas Realtors Association said Friday.

Savings in deal, PB bank predicts

posted: 12/16/2016 2:06 a.m. Discuss

Simmons First National Corp. believes it can find cost savings of 35 percent after it closes its acquisition of Southwest Bancorp in the third quarter next year, the Pine Bluff bank said Thursday.

Pine Bluff bank sets deal to widen holdings

posted: 12/15/2016 5:45 a.m. Discuss

Simmons First National Corp. has agreed to buy Southwest Bancorp of Stillwater, Okla., a bank with almost $2.5 billion in assets, the Pine Bluff bank said Wednesday.

Little Rock-area consumer debt tops in Fed region

posted: 12/11/2016 2:08 a.m. Discuss

The Little Rock metropolitan area recorded the biggest increase in consumer debt in the third quarter compared with metropolitan areas in a seven-state region, according to a report by the Federal Reserve Bank of St. Louis.

3 state banks' shares fly high

posted: 12/10/2016 2:05 a.m. Discuss

Shares of Bank of the Ozarks, Home BancShares and Simmons First National Bank each reached 52-week highs on Thursday. Bank of the Ozarks and Home BancShares repeated the feat on Friday, and Simmons came within a dime of another 52-week high.

Big River to turn out steel next month

posted: 11/26/2016 2:10 a.m. Discuss

The $1.3 billion Big River Steel mill under construction near Osceola is set to begin producing steel early next month.






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