Tagged: bank of the ozarks inc.

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 4:51 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 5:45 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 4:12 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 5:20 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 9:09 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 7:19 am

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

Bank of the Ozarks Find Chad Necessary To Head Systems Security (Movers & Shakers)

by Arkansas Business Staff 6/17/2013 12:00 am

Chad Necessary has been named senior vice president and information systems security officer at Bank of the Ozarks in Little Rock. Necessary has 17 years of experience in information technology.

25 Failed Banks Attract Bids From Arkansas

by George Waldon 5/27/2013 12:00 am

Of the 51 bank failures last year, at least 25 drew attention from Arkansas financial institutions, according to the Federal Deposit Insurance Corp. But only three resulted in winning bids by Arkansas lenders.

Bank of the Ozarks Shareholders Like George Gleason Show

by George Waldon 4/29/2013 12:00 am

His skills with PowerPoint may be rusty, but Bank of the Ozarks chairman and CEO George Gleason's ability to lead Bank of the Ozarks to record earnings in 14 of the past 16 years helps build a mountain of goodwill.

George Gleason: Bank Still A Player for FDIC-Assisted Deals

by George Waldon 4/15/2013 11:31 am

George Gleason says the company remains a player in bidding on FDIC-assisted acquisitions although efforts during 2012 proved unsuccessful.

Bank of the Ozarks' 1Q Profit Up 11 Percent

by Lance Turner 4/11/2013 5:16 pm

Bank of the Ozarks Inc. of Little Rock announces first-quarter net income of $20 million, up 11 percent from the same time last year.

Bank Failures, Acquisitions Slowing Down

by Arkansas Business Staff 4/8/2013 12:00 am

The flood of FDIC-assisted bank acquisitions that Johnny Allison once called a “generational opportunity” for his Home BancShares Inc. of Conway has slowed to a trickle.

Bank of the Ozarks Hikes Dividend 13 Percent

by George Waldon 4/1/2013 2:22 pm

Bank of the Ozarks Inc. of Little Rock is increasing its quarterly dividend by 2 cents per share.

George Gleason's 2012 Salary Tops $1.2M

by George Waldon 3/11/2013 10:53 am

George Gleason, chairman and chief executive officer of Little Rock's Bank of the Ozarks Inc., receives a 15.3 percent raise that boosts his salary to more than $1.2 million.