Home BancShares Inc.
03/24/2026 | Press release | Distributed by Public on 03/24/2026 15:20
Material Event (Form 8-K)
Item 8.01 Other Events.
On March 24, 2026, Home BancShares, Inc. ("Home") announced that it has received approvals from the Board of Governors of the Federal Reserve System and the Arkansas State Bank Department of its applications to acquire Mountain Commerce Bancorp, Inc. ("MCBI"), the holding company for Mountain Commerce Bank. The Board of Governors of the Federal Reserve System and the Arkansas State Bank Department have each also approved the proposed merger of Mountain Commerce Bank with and into Centennial Bank, Home's wholly-owned bank subsidiary.
Subject to the satisfaction of the remaining closing conditions contained in the merger agreement between Home and MCBI, the proposed merger is expected to close early in the second quarter of 2026.
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