Business
Mountain Commerce Bancorp, Inc. Announces Receipt of Regulatory Approvals For Merger with Home BancShares, Inc.
Mountain Commerce Bancorp, Inc. (the "Company") (OTCQX: MCBI), the holding company for century-old Mountain Commerce Bank (the "Bank"), today announced that Home BancShares, Inc. has received approvals from the Board of Governors of the Federal Reserve System and the Arkansas State Bank Department of its applications to merge with the Company. The Board of Governors of the Federal Reserve System and the Arkansas State Bank Department have each also approved the proposed merger of Mountain Commer
About this update from Home Bancshares, Inc.
[{"type":"text","content":"KNOXVILLE, Tenn., March 24, 2026 /PRNewswire/ -- Mountain Commerce Bancorp, Inc. (the "Company") (OTCQX: MCBI), the holding company for century-old Mountain Commerce Bank (the "Bank"), today announced that Home BancShares, Inc. has received approvals from the Board of Governors of the Federal Reserve System and the Arkansas State Bank Department of its applications to merge with the Company. 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 BancShares' wholly-owned bank subsidiary.","length":658,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Mountain Commerce Bank)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Mountain Commerce Bank)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":160,"url":"https://media.zenfs.com/en/prnewswire.com/a7d2ba928c1fb9f97cbb188a95f6a081"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bU8urY6YJlax2HbTqF5pgQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI4Mg--/https://media.zenfs.com/en/prnewswire.com/a7d2ba928c1fb9f97cbb188a95f6a081","width":400,"height":160}},"href":"https://mma.prnewswire.com/media/1318524/Mountain_Commerce_Bank_Logo_v2.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Subject to the satisfaction of the remaining closing conditions contained in the merger agreement, the Company's proposed merger with Home BancShares is expected to close early in the second quarter of 2026.","length":211,"tagName":"p"},{"type":"text","content":"About Mountain Commerce Bancorp, Inc. and Mountain Commerce Bank ","length":64,"tagName":"p"},{"type":"text","content":"Mountain Commerce Bancorp, Inc. is the holding company for Mountain Commerce Bank. The Company's shares of common stock trade on the OTCQX under the symbol "MCBI". Mountain Commerce Bank is a state-chartered financial institution headquartered in Knoxville, TN. The","length":279,"tagName":"p"},{"type":"text","content":"Bank traces its history back over a century and serves Middle and East Tennessee through 8 branches located in Brentwood, Erwin, Johnson City (3), Bearden (Knoxville), West Knoxville and Unicoi. The Bank focuses on responsive relationship banking of small and medium-sized bus...