Home BancShares Completes Mountain Commerce Merger

Home BancShares, Inc. has completed its previously announced acquisition of Mountain Commerce Bancorp, Inc., with Mountain Commerce merging into Home and Mountain Commerce Bank merging into Centennial effective April 1, 2026. The deal was structured through a series of mergers.

As of December 31, 2025, Mountain Commerce had approximately $1.77 billion in total assets, $1.49 billion in loans, and $1.54 billion in deposits. With the close, the combined company operates 78 branches in Florida, 75 in Arkansas, 59 in Texas, eight in Tennessee, five in South Alabama, and one in New York City.

Under the merger agreement, Home will issue approximately 5.4 million shares of its common stock valued at approximately $146 million as of April 1, 2026, and Mountain Commerce shareholders receive 0.85 Home shares per Mountain Commerce share plus a cash payment in lieu of fractional shares.