Remember when the Whispers staff told you last summer that First National Bank of Paragould was planning to make a big splash in Northwest Arkansas?
Consider the splash made.
The bank’s holding company, First Paragould Bankshares Inc., closed Oct. 1 on the purchase of five empty bank branches belonging to Pine Bluff-based Simmons First National Bank in Benton and Washington counties.
Selling price? A combined $12.2 million. The fully furnished properties are in Bentonville (300 S.E. Walton Blvd.; 3,552 SF; $1.75 million), Rogers (3701 Pinnacle Hills Parkway; 22,854 SF; $4.69 million), Fayetteville (2691 E. Mission Blvd.; 4,447 SF; $2.41 million), Johnson (4000 Great House Springs Road; 3,329 SF; $1.87 million) and Springdale (1950 S. Pleasant St.; 3,502 SF; $1.48 million.)
The bank was... [ MORE ]