Tagged: bank of the ozarks inc.

Bank of the Ozarks 1Q Profit Up 26 Percent

by George Waldon 4/14/2014 04:35 pm

The purchase of Omnibank of Houston pushed the Little Rock banking company's total assets above $5 billion.

Bank of the Ozarks Raises Dividend to 23 Cents

by Arkansas Business Staff 4/2/2014 10:28 am

Bank of the Ozarks Inc. of Little Rock said Tuesday that its board of directors approved a penny increase to its quarterly dividend.

Who is Melanie Steele... And Why Is She Buying All This Stuff?

by Gwen Moritz 3/31/2014 12:00 am

Since the beginning of the year, Melanie Steele has paid $1 million for a home in Chenal Valley; $385,000 for a house in Canal Pointe and $92,000 for the lot next door; $357,500 for a house in the Lakewood section of North Little Rock; and $80,000 for a house that she then moved off its lot in Indian Hills. All in cash.

George Gleason II: The Wizard of Ozark Bankshares

by George Waldon 3/31/2014 12:00 am

When a restless George Gleason II turned his energies from securities law at the Rose Law Firm toward banking, he also met the familiar face of success. Working with business veteran Carl Holt and a young staff, he built the Bank of Ozark with 35 employees and total assets of $28 million into today's Ozark Bankshares Inc., with more than 100 employees and assets totaling $150 million.

St. John's Apartments Subject of Latest Lawsuit Against Henry Corp.

by Arkansas Business Staff 3/24/2014 12:00 am

Add one more to the pile of suits stacked on the remains of Little Rock's Henry Corp. The latest strike against the former property management group is a complaint filed against the company's leader, David Henry, and his ex-wife, Madeline Henry, by Bank of the Ozarks.

Bank of the Ozarks Settles In at Park Avenue Digs

by Arkansas Business Staff 3/10/2014 12:00 am

Not much has been written about the loan production office opened by Bank of the Ozarks in New York City, a decision that was announced last summer, so your Whispers staff thinks it's time to introduce readers to the classy digs.

Bank of the Ozarks Completes Purchase of Texas Bank

by Lance Turner 3/5/2014 05:05 pm

Bank of the Ozarks Inc. of Little Rock completes its acquisition of Omnibank parent Bancshares Inc., a $301 million-asset holding company based in Houston.

OZRK CEO George Gleason's Pay, Options Exceed $8M in 2013

by Gwen Moritz 2/26/2014 11:08 am

George Gleason, chairman, CEO and largest shareholder of Bank of the Ozarks Inc., was paid $4.3 million in total compensation last year and realized an additional $3.8 million by exercising stock options.

Whirlwind Romance Leads to Corporate Union of Summit Bank, Bank of the Ozarks

by George Waldon 2/10/2014 12:00 am

The way Ross Whipple and George Gleason described it, the courting process between Summit Bancorp Inc. of Arkadelphia and Bank of the Ozarks Inc. of Little Rock was abbreviated.

Update: Bank of the Ozarks to Buy Summit Bancorp for $216M

by George Waldon and Lance Turner 1/30/2014 04:51 pm

Bank of the Ozarks Inc. of Little Rock announces a $216 million deal to buy Summit Bancorp Inc. of Arkadelphia, continuing a streak of Arkansas bank mergers that began last year. The deal will also be the second big bank transaction for Summit CEO Ross Whipple, who sold Horizon Bancorp Inc. in 1998 for 3.2 times book value.

Bank of the Ozarks Sees Twilight on Sundowner Investment

by Arkansas Business Staff 1/27/2014 12:00 am

In “Other Real Estate Owned” news (aka OREO), a Little Rock lender recently got shed of some residential holdings in Washington County.

4Q Profit Up 18 Percent at Bank of the Ozarks

by George Waldon 1/16/2014 05:45 pm

Net income at the Little Rock bank holding company was up by 13.1 percent during 2013.

Bank of the Ozarks To Buy Texas Bank for $23 Million

by George Waldon 12/9/2013 04:12 pm

The cash purchase of Bancshares Inc., parent company of Omnibank, will expand the Texas footprint of Bank of the Ozarks in the Houston and Austin area markets.

Greg McKinney of Bank of the Ozarks (CFO of the Year Finalist, Large Bank)

by Arkansas Business Staff 10/28/2013 12:00 am

A year ago, when Greg McKinney was a finalist for CFO of the Year in the same large bank category, he predicted that Bank of the Ozarks Inc. would have scores more opportunities to bid on failing banks around the country.

Bank of the Ozarks 3Q Net Income Up 16 Percent to $22.4M

by Lance Turner 10/10/2013 05:20 pm

Bank of the Ozarks Inc. of Little Rock announces third-quarter net income of $22.4 million, up 16 percent from $19.3 million during the same quarter last year.

Tyler Vance Looking After Bank of the Ozarks Operations

by Arkansas Business Staff 10/7/2013 12:00 am

Tyler Vance has been promoted to chief operating officer at Bank of the Ozarks Inc.

Statewide Bank Deposits Dip Slightly, New FDIC Report Shows

by Gwen Moritz 10/2/2013 09:09 am

Bank deposits in Arkansas declined by about a half-percent in the 12 months that ended June 30, according to the annual summary of deposits released Monday by the Federal Deposit Insurance Corp. Total deposits statewide dropped back to $53.1 billion, down $267.6 million in a year.

Bank of the Ozarks Closes Deal to Buy First National Bank of Shelby

by Lance Turner 8/1/2013 10:04 am

Bank of the Ozarks Inc. of Little Rock completes its acquisition of First National Bank of Shelby, N.C., a $68.5 million deal the company first announced in January.

Bank of the Ozarks Reports 7 Percent Rise in Earnings

by George Waldon 7/12/2013 11:36 am

Bank of the Ozarks reports a 6.8 percent increase in second quarter earnings. The $20.4 million performance compares to $19.1 million a year ago.

Bank of the Ozarks to Open Loan Office in New York

by Arkansas Business Staff 7/2/2013 07:19 am

Bank of the Ozarks Inc. of Little Rock said it plans to open a loan production office in New York City on Friday.