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State Coverage: Arkansas

FDIC Tells Seven Community Banks to Boost Capital Ratios

American Banker | Jan 04

The Federal Deposit Insurance Corp. has ordered seven ailing community banks to raise fresh capital and directed three others with elevated loan losses to submit written plans for raising capital should credit quality weaken further.

Simmons First's Profits Fall on Drop in Fee Income

American Banker | Oct 20

Simmons First National Corp. in Pine Bluff, Ark., said Thursday that its third-quarter earnings fell 4% from a year earlier, to $7.3 million, due primarily to sharp drop in income from from the sale of student loans.

Gains from Acquisitions Fuels Bank of the Ozarks' Profits

American Banker | Oct 13

Bank of the Ozarks Inc. reported income totaling $83.8 million for the nine months that ended Sept. 30, representing an almost 78% increase from the same period in 2010.

Simmons First's Profits Fall on Weak Loan Demand

American Banker | Jul 21

Simmons First National Corp. in Pine Bluff, Ark., said Thursday that core earnings in the second quarter declined 4.6% from the same period last year, to $6.2 million.

Failed-Bank Deals Power Bank of the Ozarks to Record Quarter

American Banker | Jul 14

Bank of Ozarks Inc. in Little Rock posted record earnings in the second quarter after acquisitions of two failed banks helped boost net income by more than 360%.

Home Bancshares of Arkansas Exits TARP

American Banker | Jul 12

Home Bancshares Inc. in Conway, Ark., has repaid the Treasury Department the $50 million it received in early 2009 from the Troubled Asset Relief program.

Home BancShares Books Loan Recovery

American Banker | Jun 01

Home BancShares Inc. in Conway, Ark., said it recovered $4.4 million in chargeoffs booked in the fourth quarter.

BancorpSouth Identifies Cities Slated for Branch Closures

American Banker | May 18

The $13.5 billion-asset company said this week that it will shutter nine branches in Arkansas, eight in Mississippi three in Tennessee, and one each in Texas, Alabama and Missouri.

Familiar Faces Among Friday Buyers on Busy Day for Failures

American Banker | Apr 30

Several frequent buyers of failed banks struck new deals with regulators on Friday for another batch of collapsed institutions.

Company in Louisiana Consolidates Banks

American Banker | Apr 04

First National Bankers Bankshares Inc. in Baton Rouge, La., said late Friday that it consolidated its four banks along the Gulf Coast.

Evolve Bank in Arkansas Creates SBA Group

American Banker | Mar 24

Evolve Financial Group Inc. in West Memphis, Ark., said its bank has added a Small Business Administration division.

Deals Lift Results at Bank of the Ozarks

American Banker | Jan 25

Bank of the Ozarks in Little Rock, Ark., reported a 75.5% jump in 4Q earnings from a year earlier, to $16.9M, including $4.6M from its fourth failed-bank purchase.

Big Provision Trips Up Arkansas Bank's 4Q

American Banker | Jan 04

Home BancShares Inc. in Conway, Ark., expects a spike in its loan-loss provision when it reports fourth-quarter results.

Georgia Sees 3 More Failures; Others Fall in Fla., Ark. and Minn.

American Banker | Dec 17

It was another busy — and costly — night for regulators in the Southeast. Of the nation's six failures Friday — bringing the year's total to 157 — three were in Georgia and one was in ...

Ross-Led Group Lands One of Week's Three Failures

American Banker | Nov 21

Another bank in the portfolio of private-equity financier Wilbur L. Ross Jr. picked up one of the three banks that failed Friday, which brought the total number of banks to fail this year ...

Survey

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
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No. A system the enables users to pay for online games and page upgrades is a harmless niche.
Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.
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