Centennial Bank Names Davy Carter as Regional President
CONWAY, Ark., July 9, 2013 (GLOBE NEWSWIRE) -- Centennial Bank, wholly-owned
subsidiary of Home BancShares, Inc. (Nasdaq:HOMB), has named Davy Carter as
Regional President. His duties and responsibilities will include the Liberty
Bank acquisition. The deal for Home BancShares Inc., to purchase Liberty
Bancshares was announced on Tuesday, June 25th. The historic merger will
create the second largest bank holding company headquartered in the state with
approximately $7.1 billion in total assets.
"We were grateful Davy returned to our corporate family a few months ago,"
said Randy Sims, C.E.O. of Centennial Bank. "This will be the perfect
opportunity for Davy and the bank," said Sims.
Carter is the current speaker of the Arkansas House of Representatives, where
he is serving his third term, and he is a graduate of Arkansas State
University in Jonesboro with a bachelor's degree in finance. In addition, he
holds a juris doctor with honors from the University of Arkansas at Little
Rock's William H. Bowen School of Law and is an alumnus of the Graduate School
of Banking at Louisiana State University in Baton Rouge.
Home BancShares, Inc. is a bank holding company, headquartered in Conway,
Arkansas.Our wholly-owned subsidiary, Centennial Bank, provides a broad range
of commercial and retail banking plus related financial services to
businesses, real estate developers, investors, individuals and municipalities.
Centennial Bank has locations in Central Arkansas, North Central Arkansas,
Southern Arkansas, the Florida Keys, Southwestern Florida, Central Florida,
the Florida Panhandle and South Alabama. Upon completion of the Liberty Bank
transaction, Centennial Bank will have additional locations in Northeast
Arkansas, Northwest Arkansas and Western Arkansas. The Company's common stock
is traded through the NASDAQ Global Select Market under the symbol "HOMB."
This release contains forward-looking statements regarding the Company's
plans, expectations, goals and outlook for the future. Statements in this
press release that are not historical facts should be considered
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements of this type speak
only as of the date of this news release. By nature, forward-looking
statements involve inherent risk and uncertainties. Various factors,
including, but not limited to, economic conditions, credit quality, interest
rates, loan demand, the ability to successfully integrate new acquisitions and
changes in the assumptions used in making the forward-looking statements,
could cause actual results to differ materially from those contemplated by the
forward-looking statements. Additional information on factors that might
affect Home BancShares, Inc.'s financial results is included in its Annual
Report on Form 10-K for the year ended December 31, 2012 filed with the
Securities and Exchange Commission.
CONTACT: Eric King
Home BancShares logo
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