Bank OZK, one of the most active construction lenders in Miami and New York, is bracing for losses from the coronavirus pandemic, but says that it sees opportunities ahead as competitors back out of the market. Little Rock, Arkansas-based Bank OZK reported its first quarter earnings on Friday, and increased its provision for credit losses to $117.7 million, up from $6.6 million in the first quarter of 2019. The bank said it raised its provision
source https://therealdeal.com/2020/04/24/bank-ozks-q1-earnings-fall-90-but-sees-lending-opportunities-ahead/
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