Excluding covered loans and purchased non-covered loans, the Company’s ratio of loans and leases past due 30 days or more, including past due non-accrual loans and leases, to total loans and leases was 0.73% at December 31, 2012 compared to 1.53% at December 31, 2011 and 0.61% at September 30, 2012.The Company’s net charge-offs for the fourth quarter of 2012 were $2.5 million compared to $4.2 million for the fourth quarter of 2011. The Company’s net charge-offs for the fourth quarter of 2012 included $1.5 million for non-covered loans and leases and $1.0 million for covered loans. The Company’s net charge-offs for the fourth quarter of 2011 included $3.9 million for non-covered loans and leases and $0.3 million for covered loans. Net charge-offs for covered loans are reported net of applicable FDIC loss share receivable amounts.
Bank Of The Ozarks, Inc. Announces Fourth Quarter And Full Year 2012 Earnings
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