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Bank of the Ozarks profit up 4.9 pct., sets record.


Bank of the Ozarks Inc. said third-quarter net income was a record $8.4 million, a 4.9 percent increase over net income of $8.01 million during the same quarter last year.

Earnings per share reached 50 cents for the quarter, a 4.2 percent increase from 48 cents a share for the third quarter of 2006.

The company said it is continuing its growth and de novo [Latin, Anew.] A second time; afresh. A trial or a hearing that is ordered by an appellate court that has reviewed the record of a hearing in a lower court and sent the matter back to the original court for a new trial, as if it had not been previously heard nor decided.  branching strategy but at a slower pace than in 2006. The bank opened a new banking office in Fayetteville Fayetteville (fā`ĕtvĭl).

1 City (1990 pop. 42,099), seat of Washington co., NW Ark., in the Ozarks; inc. 1836. It is an agricultural trade center with canneries and food processors. The Univ.
 and replaced a temporary banking office in Frisco, Texas Frisco is a city in Collin County and Denton County, Texas (USA).

It is a northern suburb of Dallas. As of the 2000 census, the city population was 33,714, while according to 2007 estimate, the city's population is approximately 95,000.
, with a new permanent facility during the quarter. It said it expects to open one new banking office in Rogers during the fourth quarter of 2007, and in 2008 it plans to add about three new banking offices, including its new corporate headquarters in Little Rock.

The company declared de·clare  
v. de·clared, de·clar·ing, de·clares

v.tr.
1. To make known formally or officially. See Synonyms at announce.

2. To state emphatically or authoritatively; affirm.

3.
 a quarterly cash dividend of 12 cents a share, payable Nov. 2 to shareholders of record as of Oct. 26.
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Title Annotation:Public Reports
Publication:Arkansas Business
Article Type:Financial report
Date:Oct 22, 2007
Words:166
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