Bank OZK (OZK) financial statements (2021 and earlier)
Company profile
| Business Address |
17901 CHENAL PARKWAY LITTLE ROCK, AR 72223 |
| State of Incorp. | AR |
| Fiscal Year End | December 31 |
| SIC | 6022 - State Commercial Banks (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 866 | 91 | 150 | 196 | 208 | ||
| Cash and cash equivalents | 866 | 91 | 150 | 196 | 208 | ||
| Receivables | 6 | 5 | |||||
| Disposal group, including discontinued operation | 11 | ||||||
| Income taxes receivable | ✕ | ✕ | ✕ | 3 | |||
| Total current assets: | 872 | 91 | 167 | 199 | 208 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 504 | 296 | 274 | 245 | 226 | ||
| Long-term investments and receivables | 4 | 4 | 10 | 18 | 20 | ||
| Long-term investments | 4 | 4 | 10 | 18 | 20 | ||
| Intangible assets, net (including goodwill), including: | 721 | 152 | 106 | 19 | 12 | ||
| Goodwill | 660 | 125 | 79 | 5 | 5 | ||
| Other undisclosed intangible assets, net (including goodwill) | 61 | 27 | 27 | 14 | 7 | ||
| Total noncurrent assets: | 1,229 | 452 | 389 | 282 | 257 | ||
| Other undisclosed assets | 16,789 | 9,336 | 6,211 | 4,306 | 3,575 | ||
| TOTAL ASSETS: | 18,890 | 9,879 | 6,766 | 4,787 | 4,040 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 9 | ||||||
| Taxes payable | 9 | ||||||
| Debt | 65 | 163 | 66 | ||||
| Total current liabilities: | 65 | 171 | 66 | ||||
| Noncurrent Liabilities | |||||||
| Other undisclosed liabilities | 16,030 | 8,240 | 5,789 | 4,159 | 3,529 | ||
| Total liabilities: | 16,095 | 8,412 | 5,855 | 4,159 | 3,529 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 2,792 | 1,465 | 908 | 625 | 508 | ||
| Common stock | 1 | 1 | 1 | 0 | 0 | ||
| Treasury stock, value | (7) | (2) | |||||
| Additional paid in capital | 1,902 | 756 | 324 | 143 | 73 | ||
| Accumulated other comprehensive income (loss) | (26) | 8 | 14 | (4) | 11 | ||
| Retained earnings | 914 | 707 | 571 | 485 | 423 | ||
| Stockholders' equity attributable to noncontrolling interest | 3 | 3 | 3 | 3 | 3 | ||
| Total stockholders' equity: | 2,795 | 1,468 | 912 | 628 | 511 | ||
| TOTAL LIABILITIES AND EQUITY: | 18,890 | 9,879 | 6,766 | 4,787 | 4,040 | ||
Income statement (P&L) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 493 | 316 | 232 | 1 | 1 | |
| Revenue, net | 1 | 1 | 1 | |||
| Net investment income | 440 | 275 | 193 | |||
| Financial services revenue | 53 | 41 | 37 | |||
| Cost of revenue (Financial Services Costs) | (24) | (19) | (17) | (12) | (12) | |
| Gross profit: | 469 | 297 | 215 | (11) | (11) | |
| Operating expenses | (161) | (104) | (194) | (108) | (100) | |
| Operating income (loss): | 308 | 193 | 21 | (119) | (111) | |
| Nonoperating income | 15 | 16 | 13 | 3 | ||
| Investment income, nonoperating | 0 | 5 | 0 | |||
| Gain on contract termination | 8 | |||||
| Bank owned life insurance income | 15 | 10 | 5 | 3 | ||
| Interest and debt expense | (61) | (28) | (21) | (19) | (22) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 159 | 265 | 241 | |||
| Income from continuing operations before equity method investments, income taxes: | 262 | 181 | 172 | 127 | 111 | |
| Other undisclosed income from continuing operations before income taxes | 163 | 96 | ||||
| Income from continuing operations before income taxes: | 424 | 277 | 172 | 127 | 111 | |
| Income tax expense | (154) | (94) | (54) | (40) | (34) | |
| Net income: | 270 | 182 | 119 | 87 | 77 | |
| Net income (loss) attributable to noncontrolling interest | (0) | (0) | 0 | 0 | 0 | |
| Other undisclosed net loss attributable to parent | (0) | (0) | (0) | |||
| Net income attributable to parent: | 270 | 182 | 119 | 87 | 77 | |
| Other undisclosed net income (loss) available to common stockholders, basic | 0 | (0) | (0) | |||
| Net income available to common stockholders, diluted: | 270 | 182 | 119 | 87 | 77 | |
Comprehensive Income ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income: | 270 | 182 | 119 | 87 | 77 | |
| Other comprehensive income (loss) | (34) | (6) | 18 | (14) | 1 | |
| Comprehensive income: | 236 | 176 | 136 | 73 | 79 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (0) | 0 | (0) | (0) | |
| Comprehensive income, net of tax, attributable to parent: | 236 | 176 | 136 | 73 | 79 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.