George Gleason was a 25-year-old attorney in 1979 when he purchased the controlling interest in the Bank of Ozark, which had $28 million in assets and two locations. The bank had been chartered in 1937.
Bank OZK (OZK) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
SAN DIEGO, CA - The Davies Group at Los Angeles-based George Smith Partners, a leading commercial real estate capital markets advisor, secured $56.5 million of construction financing on behalf of Zephyr Partners for its project comprising 55,000 square feet of office space, 9,000 square feet of retail/food and beverage space and 25 apartment units at an infill location near the San Diego coast.
Located one block from the beach and the Cedros Design District and proximate to the Solana Beach train station, the two-story development strives for sustainability. It will be the largest mixed-use project along Highway 101 in the past three decades, offering a large office floorplate that is unique for the area.
Early CRE payoffs drive Bank OZK into new specialties americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
Operator
Good day, and thank you for standing by. Welcome to the Bank OZK s First Quarter 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Tim Hicks. Please go ahead.
Tim Hicks
Chief Credit and Administrative Officer
Good morning. I am Tim Hicks, Chief Credit and Administrative Officer for Bank OZK. Thank you for joining our call this morning and participating in our question-and-answer session.
In today s Q&A session, we may make forward-looking statements about our expectations, estimates and outlook for the future. Please refer to our earnings release, management comments and other public filings for more information on the various factors and risks that may cause actual results or outcomes to vary from those projected in or implied by such forward-looking statemen