Bank of the Ozarks is headquartered in Little Rock and is the largest bank in the state of Arkansas. It is also the 83rd largest bank in the nation. It was established in 1903 and as of September of 2016, it had grown to 2,315 employees at 262 locations. Bank of the Ozarks has an A+ health rating.
No matter what service I am using, I expect three things. I rate the quality of the product, the cost, and the customer service, which can make or break a company. In short, Bank of the Ozarks does indeed meet my expectations. I have used a few of their locations, and every time I entered the bank I was treated with the utmost respect and kindness. The only reason for an overall rating of 4 is that sometimes their computers run a bit slow, causing me to wait a little while in order to deposit one check. A minor issue is the low interest rate for checking accounts, but it is comparable to other banks.
I like the local Bank of the Ozarks. The people are very nice there and give a personal touch. They are very eager to help. This also includes the people that call and talk on the phone. They are all very nice. The products also are very good. They offer the same checking and savings products that most other banks offer. They also have the same amount of online products as well. You can use mobile pay and things like that. They also have good online access where you can check your balance and move money around. I have also had to wire money and they have very good services with that. They allow you to interact very well with customers as well. I use them for my business and the business checking account is very good and they do not charge a fee for that if you have a good amount in the account each month. My only complaint is the fact that they charge $35 for an overdraft or for a check that is returned. This is a huge amount and is really crazy. I would hate to think how much interest that would equal. I would be better off using my local payday lender instead of that kind of charge. But I also think this is pretty standard in most banks.
|FDIC Certificate #||110|
|Return on Assets - YTD||1.99%|
|Return on Equity - YTD||12.78%|
|Annual Interest Income||$447.2MM|
|Assets and Liabilities|
|Assets||Q3 2016vs Q3 2015||$18.43B$9.33B|
|Loans||Q3 2016vs Q3 2015||$14.09B$7.35B|
|Deposits||Q3 2016vs Q3 2015||$15.14B$7.62B|
|Equity Capital||Q3 2016vs Q3 2015||$3.07B$1.41B|
|Loan Loss Allowance||Q3 2016vs Q3 2015||$69.8MM$59.0MM|
|Unbacked Noncurrent Loans||Q3 2016vs Q3 2015||$66.6MM$58.2MM|
|Real Estate Owned||Q3 2016vs Q3 2015||$43.7MM$24.3MM|
Sorry, we do not have rate data for Bank of the Ozarks.