Tagged: george gleason

Bank of the Ozarks Buys C1 Financial of Florida in $402M Deal

by Lance Turner and George Waldon 11/10/2015 7:14 am

Bank of the Ozarks Inc. of Little Rock said late Monday that it has purchased C1 Financial Inc. of St. Petersburg, Florida, and its wholly owned bank subsidiary, C1 Bank, in all-stock deal worth $402.5 million.

Arkansas Bankers Engage in Efficiency Contest

by George Waldon 10/26/2015 12:00 am

The sub-40 percent efficiency ratio, which has grown in profile in the post-2008 finance world, reflects how many pennies it costs a company to make a buck. The average efficiency ratio among all Arkansas banks through the first half of 2015 is about 70 percent.

Bank of the Ozarks' $800M Deal Gives It Big Presence in Georgia

by Gwen Moritz 10/20/2015 8:46 am

Bank of the Ozarks' record-setting deal to buy Community & Southern Bank of Atlanta will mean the bank George Gleason built will have almost as many branches in Georgia as it has in Arkansas. The deal will grow its assets — $9.3 billion as of Sept. 30 — by nearly 50 percent in a single gulp.

Bank of the Ozarks 3Q Profit Up 44 Percent

by Lance Turner 10/13/2015 4:45 pm

Bank of the Ozarks Inc. of Little Rock on Tuesday reported third-quarter net income of $46.1 million, up 44 percent from the same quarter last year.

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.

Bank of the Ozarks' 2Q Profit Up 69 Percent

by George Waldon 7/14/2015 9:52 am

Net income at Little Rock's Bank of the Ozarks Inc. rose 69.1 percent to $44.8 million during the second quarter. The company reported net income of $26.5 million for the same period a year ago.

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.

Gleason: Record Loan Growth, Other Factors Boosted Bank of the Ozarks

by George Waldon 5/18/2015 3:15 pm

Record growth in loans, unfunded loans and deposits helped return Bank of the Ozarks to its familiar road of record earnings. The company held its annual shareholders meeting Monday at the corporate headquarters in west Little Rock.

Incentives Boost Pay for Bank of the Ozarks' Executives

by Lance Turner 3/26/2015 9:32 am

Each of Bank of the Ozarks Inc.'s named executive officers saw increases in total compensation in fiscal 2014, according to a proxy filed Thursday with the U.S. Securities and Exchange Commission.

Take It From George (Editorial)

by Arkansas Business Editors 11/24/2014 12:00 am

One of the mysteries of life is why people refuse to take action that would directly benefit them. Call it the “own worst enemy” syndrome.

Bank of the Ozarks 3Q Net Income Up 21 Percent

by George Waldon 10/15/2014 12:32 pm

Bank of the Ozarks Inc. of Little Rock announced net income for the third quarter grew by 21.3 percent to $32.1 million. Profits were backed by record quarterly net interest income of $74.6 million, a 47.4 percent increase from a year ago.

Bank of the Ozarks Acquires Intervest Bancshares Corp. In $228.5M Deal

by Arkansas Business Staff 8/1/2014 8:41 am

Bank of the Ozarks Inc of Little Rock announces a $228.5 million deal to acquire Intervest Bancshares Corp. and its wholly-owned bank subsidiary, Intervest National Bank.

Bank of the Ozarks Investment Pays Off for High School Graduate

by Arkansas Business Staff 5/26/2014 12:00 am

George Gleason, chairman and CEO of Little Rock’s Bank of the Ozarks Inc., shared an anecdote during the company’s recent annual shareholders meeting. It began a decade ago.

George Gleason Casts An Eye Back to Record Profits

by George Waldon 5/20/2014 9:18 am

George Gleason likes where Bank of the Ozarks Inc. is heading and believes the $6.8 billion-plus asset concern is tracking back toward its record-setting path.

Bank of the Ozarks Expands Board to 15 Members

by George Waldon 5/19/2014 11:19 am

Greg McKinney, Bank of the Ozarks' chief financial officer and chief accounting officer, is elected to the firm's board of directors during its annual shareholders' meeting. The 45-year-old executive joined the company in 2003.

Summit's CEO Ross Whipple To Plant Big Stake in Bank of the Ozarks After Merger

by Arkansas Business Staff 5/12/2014 12:00 am

When the acquisition of Summit Bancorp is completed later this month, Ross Whipple also will become one of the largest shareholders at Bank of the Ozarks Inc. of Little Rock.

Bank of the Ozark's $216M Acquisition Nears Its Summit

by George Waldon 5/12/2014 12:00 am

The pending acquisition of Summit Bancorp Inc. of Arkadelphia by Bank of the Ozarks Inc. of Little Rock is heading into the station. Since the Jan. 30 announcement, the approval process has moved at a rapid clip.

George Gleason Receives LR Rotary Club Award

by Lee Hogan 5/6/2014 2:48 pm

George Gleason, chairman, CEO and largest shareholder of Bank of the Ozarks Inc., was honored Tuesday afternoon by the Rotary Club of Little Rock as the 2014 honoree of the Business & Professional Leader of the Year Award.

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.

Bank of the Ozarks Completes Purchase of Texas Bank

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