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Home BancShares Inc.

Home BancShares Inc. of Conway is the holding company for Centennial Bank, which offers commercial and retail banking operations in Arkansas, Florida and Alabama. It is led by John W. Allison, its chairman and a long-time fixture of the Arkansas banking community.

Allison and an investor group including Robert H. "Bunny" Adcock Jr. formed Home BancShares in 1998. The company established First State Bank in Conway in 1999, and spent the next nine years forming, buying and integrating Community Bank, Bank of Mountain View, Twin City Bank, Marine Bank and Centennial Bank.

In 2009, the company completed a year-long plan to collapse six bank charters - five in Arkansas and one in Florida - into a single charter and unite its banking operations under the Centennial name.

Beginning that same year, Home BancShares began expanding operations into Florida and Alabama with a string of FDIC-assisted acquisitions. Allison called the chance for Arkansas banks to snap up failing banks hundreds of miles away a "generational opportunity.” The company reported full-year 2011 net income of $54 million.

Related News

Home BancShares Eyes Another Florida Bank, Expects More Acquisitions

Home BancShares Inc. of Conway is pursuing a deal to purchase Florida Traditions Bank, which has eight branches between Orlando and Tampa, Home BancShares Chairman Johnny Allison said Thursday night at the company's annual shareholders meeting in Little Rock. read more >

Home BancShares' 1Q Profit A Record, Up 56 Percent

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Compensation Unchanged for Most Home BancShares Execs

The 2013 compensation packages among the five top executives at Home BancShares Inc. of Conway didn't grow except for one: Tracy French, regional president of Centennial Bank, was awarded an 18 percent increase. read more >

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Former Liberty President John Freeman Moves to Evolve Bank & Trust

Leadership at Jonesboro's Liberty Bank of Arkansas was put in play by the recent sale to Home BancShares Inc. of Conway. John Freeman, Liberty's former president, recently landed at Evolve Bank & Trust of West Memphis. read more >

Johnny Allison Among Magazine's Community Bankers of the Year

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