Bank of the Ozarks Contributes to Statewide Deposit Growth
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. read more >
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. read more >
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. read more >
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. read more >
Proportionally, no other Arkansas bank committed more to its loan loss reserves during the first quarter than DeWitt Bank & Trust. read more >
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. read more >
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. read more >
A banking and finance resource to help navigate the leadership of the largest Arkansas companies or institutions. read more >
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. read more >
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. read more >
In the bankruptcy filing, St. John’s showed $8.5 million in debts and $3.03 million in assets. read more >
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. read more >
A 228-unit apartment complex in Little Rock’s Riverdale area tipped the scales at $11 million. read more >
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. read more >
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. read more >
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. read more >
Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014. read more >
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. read more >
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. read more >
Eleventh-hour negotiations in January produced an agreement that derailed a court-ordered auction of Gaillardia Golf & Country Club in Oklahoma City. The outcome formalized the exit of Little Rock developer Phil Herrington from the club’s ownership picture after 11 years and allowed him to shed more than $8.3 million of debt. read more >
The roster of land, homes and buildings in Washington County recovered from bad loans (known as Other Real Estate Owned) has shrunk for some and grown for others through acquisition. read more >
