Bank OZK
18000 Cantrell Rd
Little Rock, AR 72223
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Phone 800 274 4482
2021 Overview
General Bank Information
Bank OZK is an FDIC insured institution located in Little Rock, AR. It was founded in 1903 and has approximately $26.89 billion in assets. Customers can open an account at one of its 270 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 110 |
| Date Established | 1903 |
| Assets | $ 26.89 billion |
| Loans | $ 19.05 billion |
| Deposits | $ 21.29 billion |
| Capital | $ 4.19 billion |
For a more detailed analysis of Bank OZK's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - February 27, 2021
Your Current Location: Connecticut, CT 06828
| CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Online 1-Year CD
|
0.18% | $1,000 | - |
Learn More
|
Loan Rates - February 27, 2021
Your Current Location: Connecticut, CT 06828
There are currently no loan rates available for Bank OZK
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Connecticut 30 Year Fixed Mortgage Rates 2021
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 2890 License#: 13256 |
2.945% | 2.875% | 0.88 | $2,245 | $1,038 | Learn More |
Featured - Connecticut Home Equity Line Of Credit Rates 2021
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
2.240 %
|
$0 |
Learn More
More Info |
Bethpage Federal Credit Union See Table |
Intro APR 2.990 % After Intro: 3.750 % Intro Period: 12 months |
$25,000 |
Learn More
More Info |
Note to Bank OZK
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Branches
Bank OZK branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Fairfield,Connecticut
Financial Details
Bank OZK Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Bank OZK. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| Bank OZK | U.S. Bank Average |
|---|---|
| 1.6% | 6.14% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of September 30, 2020, Bank OZK had $55,981,000 in non-current loans and $16,105,000 in owned real estate. To cover these potential losses it had $4,189,373,000 in equity and $308,847,000 in loans loss reserves. That gives it a Texas Ratio of 1.6%.
Return on Equity
| Bank OZK | U.S. Bank Average |
|---|---|
| 5.53% | 9.23% |
Bank OZK has a Return on Equity of 5.53% versus the BestCashCow average of 9.23%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| Bank OZK | U.S. Bank Average |
|---|---|
| 15.58% | 12.07% |
Bank OZK has a Capitalization of 15.58% versus the BestCashCow average of 12.07. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
Bank OZK Balance Sheet Analysis
As of September 30, 2020, Bank OZK had assets of $26,888,308,000, loans of $19,049,596,000, and deposits of $21,287,405,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
September 30, 2020| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 1,934.10 million |
| Interest-bearing balances | $ 1,782.87 million |
| Total securities | $ 3.47 billion |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 19.05 billion |
| Loan loss allowance | $ 308.85 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 16.11 million |
| Goodwill and other intangibles | $ 677.25 million |
| All other assets | $ 1,003.95 million |
| Total Assets | $ 22.70 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 21.29 billion |
| Interest-bearing deposits | $ 17.38 billion |
| Deposits held in domestic offices | $ 21.29 billion |
| % insured (estimated) | 70.02% |
| Federal funds purchased and repurchase agreements | $ 4.99 million |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 750.95 million |
| Subordinated debt | $ 344.29 million |
| All other liabilities | $ 311.30 million |
| Total Liabilities | $ 22.70 billion |
| Shareholders’ Equity | $ 4.19 billion |
Summary Income Statement
September 30, 2020| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 807.39 million |
| Total Interest Expense | $ 156.36 million |
| Net interest income | $ 651.02 million |
| Provision for loan and lease losses | $ 196.89 million |
| Total non interest income | $ 71.48 million |
| Total non interest expense | $ 310.02 million |
| Pre-tax Net Operating Income | $ 215.60 million |
Bank Loan Profile?
The top three loan types in Bank OZK’s loan portfolio are Construction and Development Loans, Commercial Real Estate, and Multifamily Mortgages.
Compared to other banks in Arkansas, Bank OZK has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 5.07 | ✓ | ||
| Multifamily Mortgages |
7.07 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.15 | ✓ | ||
| Small Business Loans | 2.97 | ✓ | ||
| Construction and Development Loans | 38.88 | ✓ | ||
| Commercial Real Estate | 23.18 | ✓ | ||
| Commercial and Industrial Loans | 4.96 | ✓ | ||
| Farm Loans | 0.05 | ✓ | ||
Frequently Asked Questions About Bank Ozk
Branches and Savings
Is Bank Ozk FDIC insured?
Yes. It is covered under FDIC Certificate #110.
Why does Bank Ozk pay such low interest on savings accounts?
See the best online savings rates here. See the best local savings rates here.
Why are Bank Ozk CD rates not competitive?
See the best online CD rates here. See the best local CD rates here.
Is Bank Ozk a commercial bank?
Yes
Is Bank Ozk open on Saturdays?
Is Bank Ozk open on Sundays?
What time does Bank Ozk open?
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Are Bank Ozk ATMs Open 24/7?
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What address for Bank Ozk should I put for incoming ACH transfers?
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Do Bank Ozk checks expire?
Does Bank Ozk require US citizenship to open account?
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Does Bank Ozk Report to credit bureaus?
Does Bank Ozk Use Equifax?
What is Bank Ozk's ACH Routing Number?
What is Bank Ozk's SWIFT code?
Products
Does Bank Ozk offer home equity lines of credit and home equity loans?
Compare home equity lines of credit rates here.
ruth
August 19, 2020
Customer service is horrible with this bank. Beware!
Is this review helpful? Yes:0 / No: 0
mchc49@att.net
February 05, 2020 |
Had difficulty finding a phone number for the local branch and when i finallly was able to speak with someone, they knew nothing about a 9 month IRA CD @ 2.00%
Is this review helpful? Yes:0 / No: 0
Linda H Chatham
January 14, 2020
Every time I try to go to https://www.bankozk.com, I am unable to pull up personal banking and login to check my accounts. This is very frustrating to the point that I may have to change banks.
Is this review helpful? Yes:0 / No: 0
joan
January 27, 2017
as of 1/27/17 this rate is still available in Ocala, FL
Is this review helpful? Yes:1 / No: 0
007
September 26, 2016
This rate is no longer available. Spoke with rep on 9/23/2016
Is this review helpful? Yes:2 / No: 0
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