Bank of the Ozarks captures national spotlight for lending practices – Tampa Bay Business Journal

Alan Jessup. Prior to assuming the roles of Chief Lending Officer, Director of Community Banking and Chairman of the officers’ loan committee, Mr. Jessup served as Deputy Director of Community Banking since 2015 overseeing the Bank’s Agricultural Lending Division and offices across South Arkansas, Alabama, Florida and Georgia.

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I could go on about the peculiarities of Thomas’ tenure, abrupt resignation, and Bank of the Ozarks’ strategy of throwing caution to the wind after Thomas became the bank’s chief lending officer.

Bank of the Ozarks, Inc. Completes Acquisition of Intervest Bancshares Corporation. Simultaneous with the closing of the merger, intervest national bank, Intervest’s wholly-owned bank subsidiary, merged with and into the Company’s wholly-owned bank subsidiary, Bank of the Ozarks.

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He wanted to spend more time with his family, reports the Tampa Bay Business Journal. That aside, there’s no question that Bank of the Ozarks has been an acquisitive bank since the financial crisis .

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Bank of the Ozarks highlighted its "long history of profitability and high performance," a day after Carson Block, founder of muddy waters research, said he was shorting the Little Rock, Ark.

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Commercial real estate exposure is the bogeyman George Gleason can’t seem to put to rest. Gleason, chairman and CEO of Bank of the Ozarks, has spent two years trying to convince analysts and shareholders that the Little Rock, Ark., company has found a way to aggressively – and conservatively – make CRE loans through a national platform.

One of Tampa Bay’s larger banks captures national spotlight for lending practices. One of the local projects Bank of the Ozarks is financing is for Related Group’s redevelopment of the former Tampa Tribune site on the Hillsborough River near downtown Tampa. Bank of the Ozarks provided a $76 million loan for the project.