Julie Cripe, OMNIBANK’s Chief Executive Officer commented, “OMNIBANK’s joining with Bank of the Ozarks, one of the most respected names in community banking nationally, will enhance our ability to meet the needs of our customers with outstanding service and expanded product offerings. With Bank of the Ozarks’ emphasis on growth and expansion in Austin and Houston, we see this marriage as a perfect match. This is great news for our customers, employees and communities.”Under the terms of the Agreement, which has been unanimously approved by both the Company’s and Bancshares’ board of directors, the Company will pay aggregate cash consideration of $23 million for all outstanding shares of Bancshares common stock, subject to certain conditions and potential adjustments. Completion of the transaction is subject to certain closing conditions, including customary regulatory approvals and the approval of the shareholders of Bancshares. The transaction is expected to close during the first quarter of 2014. ADDITIONAL INFORMATION Bank of the Ozarks, Inc. is a bank holding company with $4.71 billion in total assets as of September 30, 2013 and trades on the NASDAQ Global Select Market under the symbol “OZRK.” The Company owns a state-chartered subsidiary bank that conducts banking operations through 131 offices in Arkansas, Georgia, Texas, Florida, Alabama, North Carolina, South Carolina and New York. The Company may be contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas 72231-8811. The Company’s website is: www.bankozarks.com. Bancshares was advised by the investment banking firm of Sterne, Agee & Leach, Inc. and the law firm of Jones Walker LLP. Bank of the Ozarks, Inc. was represented by the law firm of Kutak Rock LLP. FORWARD LOOKING STATEMENT This press release contains certain forward-looking information about the Company that is intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by words such as “may,” “hope,” “will,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “continue,” “could,” “future” or the negative of those terms or other words of similar meaning. You should carefully read forward-looking statements, including statements that contain these words, because they discuss the future expectations or state other “forward-looking” information about the Company. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company. Forward-looking statements speak only as of the date they are made and the Company assumes no duty to update such statements. In addition to factors previously disclosed in reports filed by the Company with the SEC, additional risks and uncertainties may include, but are not limited to: the possibility that any of the anticipated benefits of the proposed merger will not be realized or will not be realized within the expected time period; the risk that integration of Bancshares operations with those of the Company will be materially delayed or will be more costly or difficult than expected; the inability to complete the merger due to the failure of Bancshares’s shareholders to adopt the merger agreement; the failure to satisfy other conditions to completion of the merger, including receipt of required regulatory and other approvals; the failure of the proposed merger to close for any other reason; the effect of the announcement of the merger on customer relationships and operating results; the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; and general competitive, economic, political and market conditions and fluctuations.