| Bank of the Ozarks, Inc. | |||
| Ticker: | OZRK | 425 West Capitol Avenue, Suite 3100 | |
| Exchange: | NASDAQ-National Market | Little Rock, AR 72201 | |
| Industry: | Financial (SIC Code 6022) | (501) 374-4100 | |
| Type of Shares: | Common Shares | Filing Date: | 5/22/97 | |
| U.S. Shares: | 1,331,700 | Offer Date: | 7/17/97 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 700,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 631,700 | Gross Spread: | $1.12 | |
| Offering Amount: | $19,975,500 | Selling: | $0.66 | |
| Expenses: | $400,000 | Reallowance: | $0.10 | |
| Shares Out After: | 3,579,800 |
| Manager | Tier | Phone |
| Stephens Inc. | Lead Manager | (501) 377-2130 |
| Issuer's Law Firm: | Rose Law Firm |
| Bank's Law Firm: | Giroir & Gregory |
| Auditor: | Baird, Kurtz & Dobson |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 3/31/97 | 3/31/96 | 3/31/97 | ||
| Revenue: | $13.67 | $3.87 | $3.06 | Assets: | $286.94 |
| Net Income: | $3.03 | $0.96 | $0.78 | Curr Assets: | |
| EPS: | $1.05 | $0.33 | $0.27 | Liabilities: | $267.87 |
| Prior EPS: | $0.75 | $1.57 | $1.35 | Curr Liabilities: | |
| Cash Flow/Oper: | $4.24 | Equity: | $19.08 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company conduct banking operations through 11 branches abd two loan production offices in ten communities throughout nothern, western and central Arkansas. The company provides a wide range of retail and commercial banking services. This includes non-interest bearing and interest bearing checking, savings and money market accounts, certificates of deposit (CD) and individual retirement accounts, as well as real estate, consumer, commercial, industrial and agricultural loans. Other banking services include personal and corporate trust services, safety deposit boxes, real estate apprasisals, credit related life and disability insurance, automated teller machines, telephone banking, credit cards and merchant credit card services. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness and for general corporate purposes including capital investments in the company's subsidiary banks to fund anticipated growth and expansion. |