by Lance Turner
Posted 11/21/2013 10:51 am
Updated 9 months ago
Johnny Allison, chairman of Home BancShares Inc. of Conway, is one of three honored as "Community Bankers of the Year" by American Banker, one of the financial services industry's top trade publications.
Allison, whose publicly traded bank company just wrapped up one of the biggest banking deals in Arkansas history, is the subject of a three-page spread in the magazine, which you can read here.
In the article, Allison talks about his company's deal to acquire Liberty Bancshares Inc. of Jonesboro, which closed last month. He also talks about his long banking career, the company's expansion across Arkansas state lines and the future of Home BancShares.
"Allison is clearly enjoying himself and far from ready to consider selling Home, which he describes as 'my last hurrah.' He says you sell things when they are as good as they are going to get," the article says. "He thinks Home has a ways to go. 'This will be the last time I do anything like this,' he says. 'I don't know how long I'll hang around, but it will be a while before I leave.'"
"Community Bankers of the Year" are named as part of American Banker's annual Banker of the Year Awards, honoring "people and the companies who set the highest standards of progress, innovation and performance in banking and financial services."
Winners of the awards, established in 1991, are chosen by the editors of American Banker. The magazine honored George Gleason, chairman and CEO of Bank of the Ozarks Inc. of Little Rock, in 2010.
This year, the magazine named Joe Stumpf, chairman and CEO of Wells Fargo, as its "Banker of the Year." It also named Joseph DePaolo of Signature Bank of New York and Simone Lagomarsino of Heritage Oaks Bank of California as "Community Bankers of the Year."