Bank of the Ozarks, Inc. Presents at SunTrust Robinson Humphrey Financial Services Unconference, May-21-2013 . Venue: Le Parker Meridian, 119 W 56th Street (btw. 6th & 7th Avenue), New York, NY 10019, United States.

Bank of the Ozarks, Inc. announced the election of Peter Kenny and Dan Thomas to the company's and its subsidiary bank's Boards of Directors. Mr. Thomas was additionally appointed as Vice Chairman of the company and its subsidiary bank. Peter Kenny is Managing Director of Institutional Sales Trading at Knight Capital Americas, L.P. Prior to joining Knight, he was a member of the New York Stock Exchange for two decades, serving six of those years as a New York Stock Exchange Senior Floor Official in addition to holding positions on several boards and prominent committees at the Exchange. Dan Thomas is Vice Chairman and Chief Lending Officer of the company, and President of Bank of the Ozarks' Real Estate Specialties Group. Mr. Thomas joined Bank of the Ozarks as Executive Vice President in 2003 and later formed the RESG in Dallas, Texas to originate and service large and complex real estate lending transactions. He was named President of RESG in 2005 and was given the additional role of Chief Lending Officer for Bank of the Ozarks in 2012.

Bank of the Ozarks, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net interest income of $44,139,000 compared to $43,833,000 a year ago. Net income available to common stock holders was $20,000,000 compared to $18,009,000 a year ago. Diluted net income per share was $0.56 compared to $0.52 a year ago. Book value per share as on March 31, 2013 was $14.81 compared to $12.81 as of March 31, 2012. Return on average assets was 2.06% compared to 1.91% a year ago. Return on average common shareholders equity was 15.77% compared to 16.75% a year ago. The company's net charge-offs of $3.0 million for the first quarter of 2013 included $1.0 million for non-covered loans and leases and $2.0 million for covered loans. The company's net charge-offs of $3.6 million for the first quarter of 2012 included $2.1 million for non-covered loans and leases and $1.5 million for covered loans. The company is moving forward with construction of a new full-service banking office in nearby Cornelius, North Carolina, which is expected to open in the first quarter of 2014. The company is presently developing 2 new banking offices in Bradenton, Florida. The scheduled the openings in third quarter of 2013 and the first quarter of 2014. One of these offices will replace a current leased facility, which the company will be vacating in Bradenton, and the other office will be an addition to branch network there. The company recently acquired a site in Savannah, Georgia and are beginning development of a new banking office, which is expected to open in late 2013 or early 2014 to replace current leased facility there. The company quarterly net interest margin for the remaining quarters of 2013 to range between 5.80% and 5.55%. $120 million of additional growth, which the company believe is a possibility, would correlate with a roughly 5 basis point additional margin compression over the year. The guidance ignores the impact of pending acquisitions, pending acquisition and any additional future acquisitions. Other significant changes in the mix of balance sheet could also affect net interest margin.