Home BancShares, Inc. Subsidiary, Centennial Bank, Announces Director of Corporate Branch Strategies

CONWAY, Ark., Oct. 03, 2017 -- Home BancShares, Inc. (Nasdaq:HOMB) (“Home” or “the Company”), parent company of Centennial Bank (“Centennial”), announced today the promotion of Kelly Buchanan to a new position, Director of Corporate Branch Strategies.

The position will be responsible for growth incentive programs for all branches throughout Centennial’s footprint along with evaluating, exploring and designing new virtual branches.

Ms. Buchanan has been with Centennial Bank for seventeen years. She was in Retail Banking and Business Development for ten years where she also served as a branch manager. She has spent the last seven years in the Marketing department.

“Deposit growth is an important focus for Centennial Bank as well as keeping up with trends in virtual banking. Kelly has the retail banking experience needed coupled with enthusiasm for the program’s success,” said John W. Allison, Chairman. “Centennial has grown to the point of needing a centralized focus on deposits and branching and I’m pleased to announce this position as well as putting Ms. Buchanan in place to focus on these efforts,” continued Mr. Allison.

“I am excited about this new position. I appreciate the opportunity to use my diverse experience on such an important initiative,” stated Ms. Buchanan.

Ms. Buchanan is very involved with the Cabot Parks and Recreation and is the mother of two adult children and two young grandchildren.  She and her husband Jereomy reside in Cabot, Arkansas.

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 branch locations in Arkansas, Florida, South Alabama and New York City. 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, 2016 filed with the Securities and Exchange Commission (the “SEC”) on February 28, 2017.

FOR MORE INFORMATION CONTACT:

Jennifer C. Floyd
Chief Accounting Officer & 
   Investor Relations Officer
Home BancShares, Inc.
(501) 339-2929