Bank of the Ozarks to Buy Bank of the Carolinas in $65M Deal
Bank of the Ozarks Inc. of Little Rock said Wednesday that it has agreed to purchase Bank of the Carolinas Corp. and its wholly owned bank subsidiary, Bank of the Carolinas, in an all-stock deal worth about $64.7 million. read more >
by Lance Turner -
Bank of the Ozarks 1Q Net Income Up 58 Percent
Bank of the Ozarks Inc. of Little Rock reports first quarter net income of $39.9 million, up 58 percent from the same quarter last year. read more >
by Lance Turner -
Incentives Boost Pay for Bank of the Ozarks’ Executives
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. read more >
by Lance Turner -
Bank of the Ozarks Net Income Up 42 Percent
Bank of the Ozarks Inc. of Little Rock on Thursday reported a 42 percent increase in fourth-quarter net income. read more >
Cameron Smith & Associates’ Mission To Put More Women in Public Company Boardrooms
Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn’t simply a theoretical matter of equity; it’s a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help. read more >
by Jan Cottingham -
Bank of the Ozarks 3Q Net Income Up 21 Percent
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. read more >
by George Waldon -
Arkansas Executive Use of Company Jets Rises in 2013
Top executives at nine of Arkansas’ public companies valued their personal flights on company jets at a total of $2.4 million for 2013, according to proxy statements filed with the U.S. Securities & Exchange Commission and compiled by Arkansas Business. read more >
by Mark Friedman -
Bank of the Ozarks Taps Keesee To Lead Western Division (Movers & Shakers)
Don Keesee has been named western Arkansas division president at Bank of the Ozarks. Keesee, who has more than 30 years of financial experience in Arkansas, worked for Arkadelphia-based Summit Bank in Fort Smith until its recent acquisition by Bank of the Ozarks. read more >
Bank of the Ozarks, Home BancShares Among Top Performing Banks
The second and third largest banks in Arkansas were recognized as some of the top performers in Bank Director magazine's 2014 Bank Performance Scorecard. read more >
by Lee Hogan -
Bank of the Ozarks Acquires Intervest Bancshares Corp. In $228.5M Deal
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. read more >
Bank of the Ozarks Responds to ‘Say on Pay’ Vote
Say-on-pay votes are not binding in the first place, and the vast majority pass, but say on pay is having an impact even for companies whose compensation packages get voter approval, and a perfect example is in Little Rock: Bank of the Ozarks Inc. read more >
by Gwen Moritz -
Bank of the Ozarks 2Q Earnings Up 30 Percent
Bank of the Ozarks Inc. of Little Rock today reported second quarter net income of $26.5 million, a 29.9 percent increase compared to 2013, and net income for the first two quarters was up more than 28 percent. CEO George Gleason noted recent acquisitions but said it's the company's "ability to organically grow our portfolio of high quality, good yielding loans and leases" that have been even more important. read more >
by George Waldon -
Bank of the Ozarks Investment Pays Off for High School Graduate
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. read more >
George Gleason Casts An Eye Back to Record Profits
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. read more >
by George Waldon -
Bank of the Ozarks Expands Board to 15 Members
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. read more >
by George Waldon -
Bank of the Ozark’s $216M Acquisition Nears Its Summit
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. read more >
by George Waldon -
Summit’s CEO Ross Whipple To Plant Big Stake in Bank of the Ozarks After Merger
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. read more >
Bank of the Ozarks 1Q Profit Up 26 Percent
The purchase of Omnibank of Houston pushed the Little Rock banking company's total assets above $5 billion. read more >
by George Waldon -
Bank of the Ozarks Raises Dividend to 23 Cents
Bank of the Ozarks Inc. of Little Rock said Tuesday that its board of directors approved a penny increase to its quarterly dividend. read more >
George Gleason II: The Wizard of Ozark Bankshares
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. read more >
by George Waldon -