Tagged: bank of the ozarks

Bank of the Ozarks' 3Q Net Income Up 65 Percent

by Lance Turner 10/11/2016 9:45 am

Bank of the Ozarks Inc. of Little Rock reports record third-quarter net income of $76.0 million, up 65 percent from the same quarter last year, as it completed two major bank acquisitions.

Bank of Ozarks Fuels State Deposit Growth

by Gwen Moritz 10/10/2016 12:00 am

Arkansas bank deposits grew at a 7.5 percent clip in the year that ended June 30, handily beating the national growth rate and topping $60 billion for the first time as the number of separate banks and branch locations operating in the state continued to decline.

Future Bank of the Ozarks HQ Site Draws Deals Totaling $12M-Plus (Real Deals)

by George Waldon 10/10/2016 12:00 am

Little Rock’s Bank of the Ozarks Inc. acquired about 46.2 acres of mostly undeveloped property for a corporate campus in west Little Rock.

Edafio Technology Partners Grows in NorthShore

by Arkansas Business Staff 10/3/2016 12:00 am

Edafio has outgrown its office at 5020 Northshore Drive, Suite 1, and is building an 8,500-SF, $2 million building in NorthShore Business Park.

Bank of the Ozarks Contributes to Statewide Deposit Growth

by Gwen Moritz 9/30/2016 10:11 am

Arkansas bank deposits topped $60 billion as of June 30, and Bank of the Ozarks alone accounted for more than $2 billion of $4.28 billion in new deposits.

Bank of the Ozarks Getting Ready for Groundbreaking on New HQ

by Arkansas Business Staff 8/22/2016 12:00 am

Bank of the Ozarks acquired more than 46 acres of mostly undeveloped property this summer, in preparation for its new headquarters. Those deals on the western end of The Ranch development totaled more than $12.5 million.

Business Icons: George Gleason Aims Bank of the Ozarks To Be the Biggest

by Mark Friedman 8/8/2016 12:00 am

In July, after completing two major acquisitions, Bank of the Ozarks Inc. had nearly $18 billion in total assets, making it the largest bank chartered in Arkansas. And Gleason, who has been the chairman and CEO of the company since 1979, aims to be among the largest banks in the country.

Loan Loss Models Vary Bank-by-Bank

by George Waldon 8/1/2016 12:00 am

Proportionally, no other Arkansas bank committed more to its loan loss reserves during the first quarter than DeWitt Bank & Trust.

Johnny Allison Plays Market for Gains After Brexit 'Bank Sale'

by Arkansas Business Staff 7/25/2016 12:00 am

The U.K.’s June 23 vote to leave the European Union, which sent a brief shockwave through the U.S. stock market, presented Home BancShares Inc. CEO Johnny Allison with an opportunity to do some bank investing.

Desperately Seeking Ms. Right (Editorial)

by Arkansas Business Editors 5/9/2016 12:00 am

If there are 23 men who are ideally suited to serve on the boards of Simmons First National Corp. and Home BancShares Inc., surely there is more than one woman who would be equally valuable.

Arkansas Business Power List 2016: Banking & Finance

by Arkansas Business Staff 3/21/2016 12:00 am

A banking and finance resource to help navigate the leadership of the largest Arkansas companies or institutions.

Bank of the Ozarks Tops Bank Performance Scorecard

by Alexis Hosticka 7/30/2015 11:17 am

Three Arkansas banks ranked among Bank Director magazine's list of top mid-size performers in the country, with Bank of the Ozarks of Little Rock taking the No. 1 spot.

Six Arkansas Banks Expand Their State Network

by George Waldon 7/20/2015 12:00 am

Six lenders made moves to grow their Arkansas branch network during the first half of 2015. Little Rock’s Bank of the Ozarks and Citizens Bank of Batesville were the most active with three new projects each.

St. John’s Troubles Continue with Chapter 11

by Arkansas Business Staff 7/6/2015 12:00 am

In the bankruptcy filing, St. John’s showed $8.5 million in debts and $3.03 million in assets.

Familiar Face Leads Bank of the Ozarks In Carolinas

by George Waldon 5/25/2015 12:00 am

What began in 2001 as a one-woman loan production office in Charlotte, North Carolina, has blossomed into a leading franchise for Little Rock’s Bank of the Ozarks.

Vantage Point Apartments Attracts $11 Million Sale (Real Deals)

by George Waldon 5/25/2015 12:00 am

A 228-unit apartment complex in Little Rock’s Riverdale area tipped the scales at $11 million.

Kohl’s Store Rings Up $9 Million Transaction (Real Deals)

by George Waldon 5/18/2015 12:00 am

An 89,724-SF department store in Sherwood weighed in at $9 million. An 18,680-SF electrical subcontracting complex in North Little Rock shifted ownership in a $636,000 transaction. And an 8,316-SF commercial building in west Pulaski County changed hands in a $506,096 foreclosure sale.

Return on Equity: Top 14 Performers Dot Arkansas

by George Waldon 3/30/2015 12:00 am

Fourteen lenders based in Arkansas produced returns on equity (ROE) that topped 13 percent during 2014. The banks were scattered across the state and represented some of the largest and smallest financial institutions.

Bank of the Ozarks Announces Expected Close Date on Intervest Acquisition

by Arkansas Business Staff 1/2/2015 11:04 am

Bank of the Ozarks Inc. of Little Rock expects its $228.5 million acquisition of Intervest Bancshares Corp., and its wholly owned subsidiary, Intervest National Bank, to be closed on or about Feb. 10.

The Top 10 Business Stories of 2014

by Arkansas Business Staff 12/30/2014 7:12 pm

Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014.