Bank of the Ozarks, Inc. Announces Record First Quarter 2017 Income

Bank of the Ozarks, Inc. announced that net income for the 1^st quarter of 2017 was a record $89.2 million, a 72.6% increase compared to the 1^st quarter of 2016.

In the press release George Gleason, Chairman and Chief Executive Officer commented, “We are very pleased to report our excellent results for the first quarter of 2017, including quarterly records in net income, diluted earnings per common share and trust income, $612 million growth in the funded balance of non-purchased loans and leases, $1.19 billion growth in the unfunded balance of non-purchased loans and leases, a 4.88% net interest margin, a 35.0% efficiency ratio and excellent asset quality.”

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