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Bank OZK

From Wikipedia, the free encyclopedia
Regional bank headquartered in Little Rock
Bank OZK
Company typePublic
NasdaqOZK
S&P 400 Component
IndustryFinancial services
Founded1903; 123 years ago (1903), inJasper,Arkansas, US
HeadquartersLittle Rock, Arkansas, U.S.
Key people
George G. Gleason II (chairman,CEO)
Tim Hicks (CFO)
ProductsRetail Banking
Commercial Banking
Treasury
RevenueIncreaseUS$ 2.25 billion (2023)
Increase US$867.0 million (2023)
Increase US$690.8 million (2023)
Total assetsIncrease US$34.24 billion (2023)
Total equityIncrease US$5.14 billion (2023)
OwnerGeorge G. Gleason II (over 10%)
Number of employees
2,744 (2023)
Websiteozk.com
Footnotes / references
[1]

Bank OZK (formerlyBank of the Ozarks) is a regional bank headquartered inLittle Rock, Arkansas. Bank OZK conducts banking operations in 265 offices in six states including Arkansas, Georgia, Florida, North Carolina, Texas, and Tennessee[2] and had $40.8 billion in total assets as of December 31, 2025.

A Bank OZK branch inBlairsville, Georgia

History

[edit]

The Bank of the Ozarks began as a community bank inJasper, Arkansas in 1903, expanding to a second location inOzark, Arkansas in 1937.[3]

In 1979, when the bank had two branches and $28 million in assets, George Gleason, a 25-year-old lawyer at theRose Law Firm, bought the bank and changed its name to Bank of the Ozarks.[4]

In 1994, the bank had five locations but began expanding. The headquarters was moved toLittle Rock in 1995.[3]

In December 2008, the bank moved into a 92,000-square-foot four-story headquarters; in 2018 it began construction on a new 180,000 square foot headquarters at a $98 million cost.[5]

In 2018, the name of the bank was changed to Bank OZK to reflect its expansion from theOzarks.[6]

Acquisitions

[edit]
#YearCompanyPriceDescription of AssetsRef(s).
1January 2003River Valley Bank (RVB) ofRussellville, Arkansas$53 million in assets[7]
2March 2010Unity National Bank ofCartersvilleFailed bank; $290 million in assets; the bank's first purchase in Georgia[8][9][10]
3July 2010Woodlands Bank inBluffton, South CarolinaFailed bank; $376 million in assets and $355 million in deposits[11][12]
4September 2010Horizon Bank ofBradenton, FloridaFailed bank; $170 million in assets and $150 million in deposits[13]
5December 2010Chestatee State Bank ofDawsonville, GeorgiaFailed bank[14]
6January 2011Oglethorpe Bank ofBrunswickFailed bank with $210 million in assets, purchased at a $38 million discount[15][16]
7April 2011First Choice Community Bank ofDallasFailed bank.[17][18][19]
8April 2011Park Avenue Bank ofValdostaFailed bank.[20][19]
9December 2012Genala Bank$27.3 million$170 million of total assets, $45 million of loans and $142 million of deposits, one branch inGeneva, Alabama[21][22]
102013First National Bank of Shelby inShelby, North Carolina$64 million15 locations and $700 million in deposits in North Carolina[23]
112013Bancshares Inc. ofHouston$23 million$301 million in assets, $269 million in deposits and 8 branches in Texas[24]
122014Summit Bancorp ofArkadelphia$216 million$1.2 billion in assets and 24 locations[25]
132014Intervest Bancshares ofPinellas County, Florida$228.5 million$1.6 billion in assets and $1.3 billion in deposits in Florida[26]
142015Bank of the Carolinas ofMocksville, North Carolina$64.7 millionAdditional assets in North Carolina[27]
15July 2016Community & Southern Bank$799.6 million$4.4 billion of total assets, $3.0 billion of loans and $3.7 billion of deposits[28][29]
16July 2016C1 Financial$402.5 million$1.7 billion of total assets, $1.4 billion of loans and $1.3 billion of deposits, 32 branches in Florida.[30][31]

Awards and recognition

[edit]

Named one of the Top 25 Best U.S. Banks in Bank Director's 2025 Ranking Banking Study.[32]

Forbes 2025 America's Best Banks 2019 - 2025.[33]

References

[edit]
  1. ^"Bank OZK 2023 Annual Report".
  2. ^https://www.ozk.com/locations/locations-list
  3. ^ab"About: The Bank OZK Story". Bank OZK.
  4. ^Shifflett, Shane; Putzier, Konrad (September 6, 2023)."Real-Estate Doom Loop Threatens America's Banks".The Wall Street Journal.
  5. ^"Bank of the Ozarks Getting Ready for Groundbreaking on New HQ".Arkansas Business. August 22, 2016.
  6. ^Craver, Richard (March 19, 2018)."Bank of the Ozarks opts for abbreviation with planned name change".Winston-Salem Journal.
  7. ^Maxfield, John (September 24, 2017)."A List of Bank of the Ozarks' Acquisitions".The Motley Fool.
  8. ^Walker, Doug (March 30, 2010)."Bank of the Ozarks acquired Unity National this weekend".Rome News-Tribune.
  9. ^Smith, David (April 29, 2010)."Bank of Ozarks profit soars".Arkansas Democrat-Gazette.Little Rock, Arkansas.
  10. ^"Bank of the Ozarks Assumes Deposits and Purchase of Assets of Unity National Bank" (Press release).U.S. Securities and Exchange Commission.
  11. ^Amy, Jeff (July 16, 2010)."Woodlands Bank fails, sold to Bank of the Ozarks by FDIC".The Birmingham News.
  12. ^Smith, David (July 17, 2010)."Bank of Ozarks nets 2nd takeover".Arkansas Democrat-Gazette.
  13. ^Smith, David (September 11, 2010)."Bank of Ozarks acquires lender".Arkansas Democrat-Gazette.
  14. ^Amy, Jeff (December 18, 2010)."Bank of the Ozarks acquires its fourth failed bank of 2010".The Birmingham News.
  15. ^Sider, Alison (January 15, 2011)."Lender acquires bank in Georgia".Arkansas Democrat-Gazette.
  16. ^"Failed Bank Information for Oglethorpe Bank, Brunswick, GA".Federal Deposit Insurance Corporation.
  17. ^"Failed Bank Information: Information for First Choice Community Bank, Dallas, GA".Federal Deposit Insurance Corporation. April 29, 2011.
  18. ^Gargis, Jon (April 30, 2011)."First Choice Community Bank Closes; Bank of the Ozarks Takes Accounts".Patch Media.
  19. ^ab"Bank of the Ozarks, Little Rock, Arkansas, Acquires All the Deposits of Two Georgia Banks" (Press release).Federal Deposit Insurance Corporation. April 29, 2011.
  20. ^Poling, Dean (April 30, 2011)."Park Avenue Bank closes".Valdosta Daily Times.
  21. ^Browdie, Brian (October 5, 2012)."Bank of the Ozarks to Buy Genala Banc in Alabama for $27 Million".
  22. ^"Bank of the Ozarks, Inc. Completes Acquisition of Genala Banc, Inc. in Geneva, Alabama" (Press release).Business Wire. December 31, 2012.
  23. ^O'Daniel, Adam (January 30, 2013)."Bank of the Ozarks deploying 'war chest' in North Carolina expansion".American City Business Journals.
  24. ^Pulsinelli, Olivia (December 10, 2013)."Bank of the Ozarks scoops up Houston bank".American City Business Journals.
  25. ^Smith, David (January 31, 2014)."Bank of Ozarks agrees to purchase Summit, 11th acquisition since '10".Arkansas Democrat-Gazette.
  26. ^O'Daniel, Adam (August 1, 2014)."Bank of the Ozarks to buy Intervest Bank for $228 million".American City Business Journals.
  27. ^Craver, Richard (May 7, 2015)."Bank of the Carolinas to be sold to Arkansas bank".Winston-Salem Journal.
  28. ^"Bank of the Ozarks, Inc. and Community & Southern Holdings, Inc. Enter into Definitive Agreement and Plan of Merger" (Press release).Business Wire. October 19, 2015.
  29. ^"Bank of the Ozarks, Inc. Announces Completion of its Merger With Community & Southern Holdings, Inc" (Press release).Business Wire. July 20, 2016.
  30. ^"Bank of the Ozarks, Inc. and C1 Financial, Inc. Enter into Definitive Merger Agreement" (Press release).Business Wire. November 9, 2015.
  31. ^"Bank of the Ozarks, Inc. Announces Completion of its Merger With C1 Financial, Inc" (Press release).Business Wire. July 21, 2016.
  32. ^"RankingBanking".Bank Director. Retrieved2026-01-27.
  33. ^["ANDREA MURPHY"," HANK TUCKER"]."Forbes 2025 America's Best Banks".Forbes. Archived fromthe original on 2026-01-18. Retrieved2026-01-27.

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