Bank of the Ozarks, Inc. (NASDAQ: OZRK) announced its Board of Directors has approved a regular quarterly cash dividend of $0.11 per common share payable January 20, 2012 to shareholders of record as of January 13, 2012. The dividend of $0.11 per share represents an increase of $0.01 per share, or 10%, over the dividend paid in the previous quarter. The Company has increased its quarterly dividend in eight of the last nine quarters, including the past six consecutive quarters.

Bank of the Ozarks, Inc. is a bank holding company with $3.93 billion in total assets as of September 30, 2011 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 112 offices in Arkansas, Georgia, Texas, Florida, North Carolina, South Carolina and Alabama. 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.

Bank of the Ozarks, Inc.
Susan Blair, 501-978-2217