Bank OZK
Regional bank headquartered in Little Rock
From Wikipedia, the free encyclopedia
Bank OZK (formerly Bank of the Ozarks) is a regional bank headquartered in Little 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 $40.8 billion in total assets as of December 31, 2025.
 | |
| Company type | Public |
|---|---|
| Nasdaq: OZK S&P 400 Component | |
| Industry | Financial services |
| Founded | 1903, in Jasper, Arkansas, US |
| Headquarters | Little Rock, Arkansas, U.S. |
Key people | George G. Gleason II (chairman, CEO) Tim Hicks (CFO) |
| Products | Retail Banking Commercial Banking Treasury |
| Revenue |  US$ 2.25 billion (2023) |
| US$867.0 million (2023) | |
| US$690.8 million (2023) | |
| Total assets | US$34.24 billion (2023) |
| Total equity | US$5.14 billion (2023) |
| Owner | George G. Gleason II (over 10%) |
Number of employees | 2,744 (2023) |
| Website | ozk |
| Footnotes / references [1] | |
History
The Bank of the Ozarks began as a community bank in Jasper, Arkansas in 1903, expanding to a second location in Ozark, 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 the Rose 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 to Little 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 the Ozarks.[6]
Acquisitions
| # | Year | Company | Price | Description of Assets | Ref(s). |
|---|---|---|---|---|---|
| 1 | January 2003 | River Valley Bank (RVB) of Russellville, Arkansas | $53 million in assets | [7] | |
| 2 | March 2010 | Unity National Bank of Cartersville | Failed bank; $290 million in assets; the bank's first purchase in Georgia | [8][9][10] | |
| 3 | July 2010 | Woodlands Bank in Bluffton, South Carolina | Failed bank; $376 million in assets and $355 million in deposits | [11][12] | |
| 4 | September 2010 | Horizon Bank of Bradenton, Florida | Failed bank; $170 million in assets and $150 million in deposits | [13] | |
| 5 | December 2010 | Chestatee State Bank of Dawsonville, Georgia | Failed bank | [14] | |
| 6 | January 2011 | Oglethorpe Bank of Brunswick | Failed bank with $210 million in assets, purchased at a $38 million discount | [15][16] | |
| 7 | April 2011 | First Choice Community Bank of Dallas | Failed bank. | [17][18][19] | |
| 8 | April 2011 | Park Avenue Bank of Valdosta | Failed bank. | [20][19] | |
| 9 | December 2012 | Genala Bank | $27.3 million | $170 million of total assets, $45 million of loans and $142 million of deposits, one branch in Geneva, Alabama | [21][22] |
| 10 | 2013 | First National Bank of Shelby in Shelby, North Carolina | $64 million | 15 locations and $700 million in deposits in North Carolina | [23] |
| 11 | 2013 | Bancshares Inc. of Houston | $23 million | $301 million in assets, $269 million in deposits and 8 branches in Texas | [24] |
| 12 | 2014 | Summit Bancorp of Arkadelphia | $216 million | $1.2 billion in assets and 24 locations | [25] |
| 13 | 2014 | Intervest Bancshares of Pinellas County, Florida | $228.5 million | $1.6 billion in assets and $1.3 billion in deposits in Florida | [26] |
| 14 | 2015 | Bank of the Carolinas of Mocksville, North Carolina | $64.7 million | Additional assets in North Carolina | [27] |
| 15 | July 2016 | Community & Southern Bank | $799.6 million | $4.4 billion of total assets, $3.0 billion of loans and $3.7 billion of deposits | [28][29] |
| 16 | July 2016 | C1 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] |
