News & Events Archive – October 2010

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Randy Dennis Quoted in “LR bank reports another net loss”

Saturday, October 30, 2010

Arkansas Democrat | Saturday, October 30, 2010

LITTLE ROCK — For the eighth-consecutive quarter, Metropolitan National Bank reported a net loss, losing $2.4 million in the period that ended Sept. 30, the Little Rock bank said Friday.

Yet the loss is an improvement compared with the third quarter of 2009, when the bank […]

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DD&F Consulting Group was recently ranked #2

Thursday, October 28, 2010

DD&F Consulting Group was recently ranked #2 in completed FDIC assisted acquisitions by SNL Financial for 2010. Since January 2009, we have helped bid on over 50 failed banks and have completed 16 transactions.

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Randy Dennis Featured Roundtable Panelist for SNL Financial’s Upcoming Webinar

Monday, October 25, 2010

Randy Dennis, President of DD&F will be a featured roundtable panelist for SNL Financial in their upcoming webinar: FDIC-Assisted Transactions: Beyond the Basics at 1:30 EST November 9th. With DD&F ranked #2 nationally in completed acquisitions, Randy will kick off the session with updates to the loss-share structures and strategies for preparing a bid […]

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Randy Dennis Quoted in “First Security Takes Long View”

Monday, October 25, 2010

Arkansas Business | Monday, October 25, 2010

Ask Reynie Rutledge why his First Security Bancorp has prospered – its profit were more than $30 million in the first half of 2010 – despite a tough economy, and there’s a good chance he’ll say something like “We’ve been lucky.”

But there is more going on […]

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Randy Dennis Quoted in “First Security Content to Grow Within Arkansas”

Monday, October 25, 2010

Arkansas Business | Monday, October 25, 2010

Unlike most of Arkansas’ largest banks, First Security Bank of Searcy has not sought to grow outside the state by bidding on failing banks being auctioned off by the Federal Deposit Insurance Corp.

CEO Reynie Rutledge said the bank was focused strictly on Arkansas and growing its […]

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Randy Dennis Quoted in “Arkansas bank plans on more acquisitions”

Tuesday, October 19, 2010

The Wichita Eagle | Tuesday, October 19, 2010

The first Arkansas-based bank to do business in Wichita is a conservative firm with deep pockets and an appetite for more acquisitions.

That’s according to documents and people familiar with Simmons First National Bank, whose holding company of the same name last week acquired most of […]

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Randy Dennis Quoted in “Wal-Mart’s Ties Help Missouri Deal Happen”

Tuesday, October 19, 2010

American Banker | Tuesday, October 19, 2010

Bank of Lincoln County in tiny Elsberry, Mo., had just $35.7 million of assets when Nancy and Bill Laurie bought it in 2007.

They had big dreams for the institution and soon moved the headquarters to Columbia, renamed it Providence Bank and, as of June 30, quadrupled […]

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Randy Dennis Quoted in “PB bank hauls in 9-branch purchase, Deal Simmons’ 2nd buy of 2010”

Saturday, October 16, 2010

Arkansas Democrat | Saturday, October 16, 2010

LITTLE ROCKSimmons First National Bank bought its second failed bank this year, acquiring Security Savings Bank of Olathe, Kan., the Pine Bluff bank said Friday.

Security Savings is much larger than the one-office Springfield, Mo., bank Simmons bought in May. Simmons acquired $428 […]

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Randy Dennis Quoted in “Conway firm bags 5th bank in 2010”

Saturday, October 2, 2010

Arkansas Democrat | Saturday, October 02, 2010

LITTLE ROCK — Home BancShares on Friday continued its aggressive expansion, buying its fifth failed bank this year from federal regulators.

The Conway-based institution, which owns Centennial Bank, acquired Wakulla Bank of Crawfordsville, Fla., from the Federal Deposit Insurance Corp. Crawfordsville is south of Tallahassee.

[…]

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