Conway apartments to be considered for National Register

Lasley’s College Apartments in Conway is on the list of properties to be considered by the State Review Board of the Arkansas Historic Preservation Program for nomination to the National Register of Historic Places.

The apartments on Bruce Street were built in 1947 and bought that year by Jewell Lasley.

The courtyard complex has 16 apartments and was built to provide housing for students at then Arkansas State Teachers College.

The property was nominated by the Conway Historic District Commission.

The review board will meet at 10 a.m. April 6 at Keo United Methodist Church.

According to AHPP Director Frances McSwain, other properties to be considered are:

‒ Missouri Pacific Caboose No. 928 at Bald Knob in White County.

‒ Keo Commercial Historic District at Keo in Lonoke County.

‒ Mathis-Hyde House at Augusta in Woodruff County.

‒ Wingmead near Roe in Prairie County.

‒ Arkadelphia Commercial Historic District at Arkadelphia in Clark County.

‒ Saline Cemetery at Allis in Drew County.

‒ East Hamilton Avenue Historic District at Wynne in Cross County.

‒ William P. and Rosa Lee Martin Farm near Marshall in Searcy County.

‒ Bethel Cemetery at Denton in Lawrence County.

‒ Booneville Methodist Episcopal Church South at Booneville in Logan County.

‒ Greenwood Gymnasium at Greenwood in Sebastian County.

The board also will consider the Charlotte School Building at Charlotte in Independence County for listing on the Arkansas Register of Historic Places. The Arkansas Register recognizes historically significant properties that do not meet the requirements of National Register listing.

For more information on the National Register of Historic Places program, write the AHPP at 1500 Tower Building, 323 Center St., Little Rock, Ark., 72201, call the agency at (501) 324-9880 (TDD 501-324-9811), send e-mail to info@arkansaspreservation.org or visit the AHPP’s Internet web site at www.arkansaspreservation.org.

(Staff writer Becky Harris can be reached at 505-1234 or becky.harris@thecabin.net.)

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Real Risks You Need To Know Before Investing In Home Bancshares Inc (Conway AR) (NASDAQ:HOMB)

Post-GFC recovery has led to improving credit quality and a strong growth environment for the banking sector. Home Bancshares Inc (Conway AR) (NASDAQ:HOMB)is a small-cap bank with a market capitalisation of USD $4.28B. Its profit and value are directly impacted by its borrowers’ ability to pay which is driven by the level of economic growth. This is because growth determines the stability of a borrower’s salary as well as the level of interest rates. Risk associated with repayment is measured by bad debt which is written off as an expense, impacting Home Bancshares (Conway AR)’s bottom line. Today I will take you through some bad debt and liability measures to analyse the level of risky assets held by the bank. Looking through a risk-lens is a useful way to assess the attractiveness of Home Bancshares (Conway AR)’s a stock investment. See our latest analysis for Home Bancshares (Conway AR)

NasdaqGS:HOMB Historical Debt Jan 18th 18

Home Bancshares (Conway AR)’s forecasting and provisioning accuracy for its bad loans indicates it has a strong understanding of its own risk levels. If the level of provisioning covers 100% or more of the actual bad debt expense the bank writes off, then it is relatively accurate and prudent in its bad debt provisioning. With a bad loan to bad debt ratio of 174.47%, the bank has cautiously over-provisioned by 74.47%, which illustrates a safe and prudent forecasting methodology, and its ability to anticipate the factors contributing to its bad loan levels.

If Home Bancshares (Conway AR) does not engage in overly risky lending practices, it is considered to be in good financial shape. Typically, loans that are “bad” and cannot be recuperated by the bank should comprise less than 3% of its total loans. Loans are written off as expenses when they are not repaid, which comes directly out of Home Bancshares (Conway AR)’s profit. Since bad loans make up a relatively small 0.62% of total assets, the bank exhibits strict bad debt management and faces low risk of default.

Handing Money Transparent

Home Bancshares (Conway AR) profits from lending out its various forms of borrowings and charging interest rates. Deposits from customers tend to carry the lowest risk due to the relatively stable interest rate and amount available. Generally, the higher level of deposits a bank retains, the less risky it is deemed to be. Home Bancshares (Conway AR)’s total deposit level of 86.72% of its total liabilities is very high and is well-above the sensible level of 50% for financial institutions. This may mean the bank is too cautious with its level of its safer form of borrowing and has plenty of headroom to take on risker forms of liability.

With positive measures for all three ratios, Home Bancshares (Conway AR) shows a prudent level of managing its risky assets. It seems to have a clear understanding of how much it needs to provision each year for lower quality borrowers and it has maintained a safe level of deposits against its liabilities. The company’s sound and sensible lending strategy gives us more conviction in its ability to manage its operational risks which makes an investment in Home Bancshares (Conway AR) a less risky one. Keep in mind that a stock investment requires research on more than just its operational side. Below, I’ve compiled three key aspects you should further research:

1. Future Outlook: What are well-informed industry analysts predicting for HOMB’s future growth? Take a look at our free research report of analyst consensus for HOMB’s outlook.

2. Valuation: What is HOMB worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether HOMB is currently mispriced by the market.

3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.

The author is an independent contributor and at the time of publication had no position in the stocks mentioned.

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Wolff: Conway, Spicer, Hicks all helped get interviews for my book

Video by CNN

Michael Wolff, the author of the new White House tell-all "Fire and Fury", said Monday both current and former top White House officials encouraged other aides "to cooperate" in interviews for the book.

"Everybody was told to speak to me," Wolff said in an excerpt from his interview set to air in full on CNN’s "Tonight with Don Lemon."

"[Stephen] Bannon told people to cooperate, Sean Spicer told people to cooperate, Kellyanne Conway told people to cooperate, Hope Hicks," he said respectively about the president’s former chief strategist, former press secretary, senior adviser and current communications director.

Wolff said he conducted over 200 interviews for his new book, "Fire and Fury: Inside the Trump White House," which paints President Trumpas an unstable leader leading a White House in chaos.

"Why are they saying its fake?" Lemon asks.

"Because they are liars," Wolff responds.

"He doesn’t tell the truth because he doesn’t know what the truth is."

Conway, Hicks and Spicer did not immediately respond to individual requests to comment on Wolff’s remark.

Wolff claims in his book that "every single" person around Trump questions "his intelligence and fitness for office."

Trump has repeatedly blasted book as "full of lies." Other White House officials have fiercely pushed back on the claims, while others have raised their eyes about some of Wolff’s broad statements.

Wolff acknowledges in the book’s introduction that certain parts of the book reflect "a version of events I believe to be true" but that are sometimes based on conflicting accounts.

Many of the bombshells in the book come from quotes by Bannon, Trump’s former White House chief strategist’s

The book quotes Bannon blasting Donald Trump Jr., calling him "treasonous" and "unpatriotic" for attending the now infamous June 2016 Trump Tower meeting with a Russian lawyer.

Bannon, who also made disparaging remarks about Ivanka Trump and Jared Kushner, later only walked back his remarks about the president’s eldest son and said those comments were directed towards former campaign chairman Paul Manafort.

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