Exhibit 21

Subsidiaries of the Registrant

1. Bank of the Ozarks, an Arkansas state chartered bank.

2. Ozark Capital Statutory Trust II, a Connecticut business trust.

3. Ozark Capital Statutory Trust III, a Delaware business trust.

4. Ozark Capital Statutory Trust IV, a Delaware business trust.

5. Ozark Capital Statutory Trust V, a Delaware business trust.

6. The Highlands Group, Inc., an Arkansas corporate subsidiary of Bank of the Ozarks.

7. Arlington Park, LLC, a 50% owned Arkansas LLC subsidiary of The Highlands Group, Inc.

8. BOTO, LLC, a 100% owned Arkansas LLC subsidiary of Bank of the Ozarks.

9. ASMSA Investment Fund LLC, a 99% owned Delaware subsidiary of Bank of the Ozarks.

10. Open Avenues Investment Fund LLC, a 99% owned Delaware subsidiary of Bank of the Ozarks.

11. BOTO FL Properties LLC, a 100% owned Florida subsidiary of Bank of the Ozarks.

12. PAB State Credits LLC, a 100% owned Georgia subsidiary of Bank of the Ozarks.

13. FCB Properties LLC, a 100% owned Georgia subsidiary of Bank of the Ozarks.

14. BOTO NC Properties, LLC, a 100% owned North Carolina subsidiary of Bank of the Ozarks.

15. BOTO GA Properties, LLC, a 100% owned Georgia subsidiary of Bank of the Ozarks.

16. BOTO-AR Properties, LLC, a 100% owned Arkansas subsidiary of Bank of the Ozarks.

17. FNB Insurance Agency, Inc., a 100% owned North Carolina subsidiary of Bank of the Ozarks.

18. Carolina Foothills Properties, LLC, a 100% owned North Carolina subsidiary of Bank of the Ozarks.

19. Carolina Foothills Properties Group I, LLC, a 100% owned North Carolina subsidiary of Bank of the Ozarks.

20. Carolina Foothills Properties Group II, LLC, a 100% owned North Carolina subsidiary of Bank of the Ozarks.

21. Carolina Foothills Properties Group III, LLC, a 100% owned North Carolina subsidiary of Bank of the Ozarks.

22. BOTO SC Properties, LLC, a 100% owned South Carolina subsidiary of Bank of the Ozarks.

23. Omnibank Center Business Condominium Owners Association, Inc., a 75.2% owned Texas subsidiary of Bank of the Ozarks.

24. Summit Real Estate Investments, Inc., a 100% owned Arkansas subsidiary of Bank of the Ozarks.

25. Intervest Statutory Trust II, a Connecticut business trust

26. Intervest Statutory Trust III, a Connecticut business trust

27. Intervest Statutory Trust IV, a Delaware business trust

28. Intervest Statutory Trust V, a Delaware business trust

29. Arlington Oaks I, LLC, a 100% owned Florida subsidiary of Arlington Oaks II, LLC

30. Arlington Oaks II, LLC, a 100% owned Florida subsidiary of Bank of the Ozarks