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Tax deductible, baby.

Tax Deductible, Baby

Worthen Banking Corp. of Little Rock soon will regain ownership of First National Bank of Fayetteville, which has assets of more than $243 million.

The new deal will weigh in at $15 million cash and $1.2 million in Worthen stock.

You might recall that Worthen sold the bank more than five years ago to free up cash during its financial troubles. The buyer was trucking magnate J.B. Hunt.

Hunt's OneBank logo will live up to its name now that he is selling the Fayetteville bank. Only his Little Rock operation will remain from a holding company that once included banks in Hot Springs, North Little Rock and Fayetteville.

In addition to the continuing expansion at Worthen, Curt Bradbury's household is expanding.

Bradbury, chairman, president and chief executive officer at Worthen, and his wife, Chucki, are expecting a baby boy in 1992.

Is this really "Whisper" material, Curt?

"I'm shocked it hasn't been in there already," the 42-year-old Bradbury says.

A midlife baby can be traumatic.

But remember, Curt, those little bundles of joy are tax deductible.
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Title Annotation:Worthern Banking Corp.
Publication:Arkansas Business
Date:Sep 16, 1991
Words:181
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