| OZRK Description: Bank of the Ozarks, Inc. operates as a bank holding company for Bank of the Ozarks that provides various banking products and services. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, and individual retirement accounts; and time deposits. Its loan products include loans secured by residential 1-4 family, non-farm/non-residential, agricultural, construction/land development, multifamily residential properties, and other land loans; and consumer loans. The company’s loan products also comprise loans for commercial, industrial, and professional purposes, including loans to fund working capital requirements, purchase of machinery and equipment, and other purposes; term loans, balloon loans, and lines of credit; and agricultural loans for financing agricultural production consisting of loans to businesses or individuals engaged in the production of timber, poultry, livestock, or crops. In addition, it offers mortgage lending; treasury management services, such as wholesale lock box services; remote deposit capture services; and trust and wealth management services, including financial planning, money management, custodial, and corporate trust services. Further, the company provides real estate appraisals; ATMs; telephone banking; online and mobile banking services comprising electronic bill pay and consumer mobile deposits; credit, debit, and gift cards; safe deposit boxes; investment brokerage services; and other products and services, as well as processes merchant debit and credit card transactions. It serves businesses, individuals, and non-profit and governmental entities. As of December 31, 2015, the company operated 174 offices, which included 81 offices in Arkansas, 28 in Georgia, 25 in North Carolina, 22 in Texas, 10 in Florida, 3 in Alabama, 2 each in South Carolina and New York, and 1 in California. Bank of the Ozarks, Inc. was founded in 1981 and is headquartered in Little Rock, Arkansas. |
