Bailout Bank Bio: Home Bancshares

May 28, 2009 | 1 min read | Print Article

Home BancShares, Inc., a financial holding company, provides a range of commercial and retail banking, and related financial products and services to businesses, real estate developers and investors, individuals, and municipalities in central and north central Arkansas, the Florida Keys, and southwestern Florida. As of December 31, 2007, it operated 43 branches in Arkansas, 9 branches in the Florida Keys, and 3 branches in southwestern Florida. The company is headquartered in Conway, Arkansas.

In January Home BancShares announced that it would participate in the Treasury Department’s Capital Purchase Program. Under the program the company received $50 million in exchange for preferred stock.

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Bailout Bank Bio: Home BancShares


Federal Equity Investment	$50 million
Total Revenue	$183.2 million (2008) $167.6 million (2007)
Net Income	$10.1 million (2008) $20.4 million (2007)
Number of Employees	595
Corporate Headquarters	Conway, Arkansas
Business Sector	Bank
Officers and Directors	Strother, Ron, President, Chief Operating Officer, Director Allison, John, Chairman of the Board, Chief Executive Officer Other Officers and Directors
Corporate Website	http://www.homebancshares.com/
Executive Compensation	Home BancShares