Mr. Gleason stated, “We had excellent origination volume of new loans and leases during the first quarter. Although our outstanding balance of loans and leases, excluding covered loans, increased only $8 million during the quarter, we had an increase of approximately $78 million during the quarter in our unfunded balance of closed loans. At March 31, 2012 our total unfunded balance of closed loans had increased to approximately $391 million, reflecting excellent prospects for growth in future quarters.”Deposits were $2.93 billion at March 31, 2012 compared to $2.58 billion at March 31, 2011.
Bank Of The Ozarks, Inc. Announces First Quarter 2012 Earnings
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