Bank OZK is a regional bank headquartered in Little Rock, Arkansas with more than 250 locations in ten states: Arkansas, Georgia, Florida, Texas, North Carolina, South Carolina, California, New York and Mississippi and $23.55 billion in assets as of December 31, 2019. Bank OZK is currently concentrated in the southeastern U.S., with 25 or more branches in four states: Arkansas, Georgia, Florida, and North Carolina.
Bank OZK began with a community bank in Jasper, Arkansas in 1903, expanding to a second location in Ozark, Arkansas in 1937.
George Gleason, a lawyer specializing in banking at the Rose Law Firm, bought Bank of Ozark in 1979 when it had $28 million in assets and changed its name to Bank of the Ozarks. In 1994 the bank had five locations but began expanding. The headquarters moved to Little Rock in 1995.
In 2004, Bank OZK was the state's third-largest bank with 41 locations, with plans to double that number within the state, and to add full-service branches in Texas and North Carolina, where loan offices had already opened. In Texas, Bank OZK was paying $2.2 million for an excess charter after the purchase of Sun Bank by Happy Bancshares Inc. of Happy, Texas. In addition to $2 million in deposits, the charter would allow the bank to open new branches in the Dallas area.