Home BancShares Closes Purchase of Mountain Commerce Bancorp

Overview

• Home BancShares, which made the deal effective Wednesday, combined Mountain Commerce with the parent company and folded Mountain Commerce Bank into Centennial Bank.
• Shareholders of Mountain Commerce will receive 0.85 shares of Home BancShares for each share they held, with about 5.4 million new shares issued and a value of roughly $146 million at closing.
• The combined bank now operates 78 branches in Florida, 75 in Arkansas, 59 in Texas, eight in Tennessee, five in South Alabama, and one in New York City.
• As of December 31, 2025, Mountain Commerce reported about $1.77 billion in assets, $1.49 billion in loans, and $1.54 billion in deposits, with actual closing balances subject to change.
• Mountain Commerce investors will get cash for any fractional shares and become eligible for future quarterly dividends declared by Home as integration work proceeds with the usual execution risks flagged in the company’s disclosures.