Other loss share income was $3.19 million in the fourth quarter of 2012, an increase of 112.8% from $1.50 million in the fourth quarter of 2011. Other loss share income was $10.64 million in the full year of 2012, an increase of 65.5% from $6.43 million in 2011.Net gains on sales of other assets were $2.43 million in the fourth quarter of 2012 compared to $0.90 million in the fourth quarter of 2011. Net gains on sales of other assets were $6.81 million for the full year of 2012 compared to $3.74 million in 2011. The net gains on sales of other assets in each of these periods were primarily due to net gains on sales of foreclosed assets covered by FDIC loss share agreements.
Bank Of The Ozarks, Inc. Announces Fourth Quarter And Full Year 2012 Earnings
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