Bank of the Ozarks Inc. (Business Briefs).* Bank of the Ozarks Inc. posted record earnings for the year ended Dec. 31. Net income totaled $8.96 million, a 48.3 percent increase over net income of $6.04 million for 2000. Diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of were $2.35 for 2001 compared to $1.60 for 2000, an increase of 46.9 percent. For the last quarter, net income totaled $2.6 million, a 67.1 percent increase over net income of $1.5 million for fourth quarter 2000. Diluted earnings per share for fourth quarter 2001 were 67 cents, compared to 41 cents for the same period in 2000, an increase of 63.4 percent. |
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