Bank of the Ozarks Completes Merger With Community & Southern Holdings, Inc.July 20, 2016 in Corporate News, Uncategorized
We are pleased to announce the completion of our merger with Community & Southern Holdings, Inc. effective July 20, 2016.
This marks our largest acquisition to date and the fourteenth since March of 2010.
David Edwards has been named Georgia State President and Senior Credit Services Officer for Bank of the Ozarks. Edwards has 30 years of banking experience and had been with Community & Southern Bank since its inception in 2010.
George Gleason, Chairman of the Board and Chief Executive Officer of Bank of the Ozarks stated:
We are very pleased to complete the acquisition of Community & Southern Bank. Our customers in Georgia and Florida will benefit from our expanded network of banking offices. We now have a powerful presence in Georgia with 74 offices and a new Jacksonville, Florida banking office to complement our growing Florida network. We have gained a large number of very talented bankers with expertise in direct and indirect consumer lending and small business lending, an important loan operations group, two important loan and business analytics groups, and numerous other team members and capabilities which will enhance our community banking, loan administration and other business functions.
You can read the full press release HERE.
Phil Pearlman, Marketing Director, Bank of the Ozarks