Home Bancshares, Inc. · NYSE:HOMB
Home Bancshares — Merger or Acquisition (October 2010)
15 slides from Home Bancshares's merger presentation, Oct 4, 2010
Slide 1: FDIC-Assisted Acquisition Wakulla Bank
FDIC-Assisted Acquisition Wakulla Bank October 1, 2010 NASDAQ: HOMB www.homebancshares.com
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements conta
Slide 3: Transaction Overview
Transaction Overview Purchased and assumed select assets and liabilities from the FDIC of Wakulla Bank All non-performing loans and OREO are excluded from the transaction; certain securities are also excluded Certain brokered deposits and all FHLB borrowings are also excluded from the transaction Ac
Slide 4: Strategic Opportunity
Strategic Opportunity Natural extension of current Florida footprint Complements recent Panhandle transactions (Coastal Community / Bayside Savings) Expands existing Florida branch network by 12 branches Popular long-time vacation destination for many Arkansans Entry into Tallahassee market - greate
Slide 5: Overview of Wakulla Bank
Overview of Wakulla Bank Established on October 1, 1974 as Wakulla County State Bank, changing its name to Wakulla Bank on February 1, 1994 12 full service locations across four Florida counties - Calhoun, Leon, Liberty, and Wakulla counties Core funded franchise with top 5 aggregate market share ac
Slide 6: Deposit Market Share
Deposit Market Share Deposit Market Share (1) Ranked 5th with aggregate market share of 8.4% for all four counties(1) Ranked 1 or 2 in Wakulla, Calhoun, and Liberty counties; ranked top 10 in Leon county Steady increase in market share over the past five years Top 2 deposit market share among commun
Slide 7: Deposit Composition
DDA NOW MM&S Retail Jumbo East 89 47 154 65 West 30.6 38.6 31 31.6 North 45.9 46.9 45 43.9 Deposit Composition DDA NOW MM&S Retail Jumbo East 174 1109 510 808 West 30.6 38.6 31 31.6 North 45.9 46.9 45 43.9 DD NOW MM&S R J East 263 0 1156 664 873 West 30.6 38.6 34.6 31.6 North 45.9 46.9 45 43.9 HOMB(
Slide 8: Loan Composition
Loan Composition Loan Type HOMB (2) (6/30/10) Acquired Amount (3) (6/30/10) HOMB Pro-forma Total % of Pro-forma Total Loans Commercial RE (Non-farm/non-residential & agri.) $1,022 $56 $1,078 39% Construction/Land Development 532 55 587 21% Residential Real Estate 603 64 667 24% Commercial & Industri
Slide 9: Florida Pro-Forma Footprint Branch Locations
FLORIDA Port Charlotte Punta Gorda Marco Island Key Largo Islamorada Marathon (3) Big Pine Key West (3) Summerland 43 Branches (As of October 2010) Orlando (2) Winter Park Longwood (2) Clermont Eastpoint Apalachicola Carrabelle Port St. Joe (2) Lynn Haven Panama City (2) St. George Island Panama Cit
Slide 10: Florida Deposit Market Share
Florida Deposit Market Share Selected Markets Branch Count HOMB Pro-forma Deposits (6/30/09) Total Deposits in Market Deposit Market Share Rank Deposit Market Share % Wakulla County, FL 4 $203 $278 1 73.2% Leon County, FL 5 194 4,754 10 4.1 Calhoun County, FL 2 26 129 2 20.1 Liberty County, FL 1 15
Slide 11: Historical Acquisitions
Historical Acquisitions Year Acquired Bank Location Assets ($mm) 2003 Community Bank Cabot, AR $326 2005 Twin City Bank North Little Rock, AR $633 2005 Marine Bank Marathon, FL $258 2005 Bank of Mountain View Mountain View, AR $203 2008 Centennial Bank Little Rock, AR $234 2010 Old Southern Bank Orl
Slide 12: Potential Future Opportunities
Florida Tallahassee Jacksonville Orland o Miami Tampa Potential Future Opportunities Potential Opportunity Total Institutions: 51 Total Assets: $17.8bn Median Age: 12 years Potential Opportunities Asset Size Distribution Source: SNL Financial Includes regulated depositories headquartered in Florida
Slide 13: Conclusion
Conclusion Significantly enhances Florida franchise Acquisition provides scale in Florida Panhandle Logical extension of existing HOMB franchise Financially attractive transaction Accretive to earnings, book value, tangible book value with conservative assumptions Non performing loans, other real es
Slide 14: Contact Information
Contact Information Corporate Headquarters Home BancShares, Inc. 719 Harkrider St., Suite 100 P.O. Box 966 Conway, AR 72033 Financial Information Brian S. Davis Chief Accounting Officer & Investor Relations Officer (501) 328-4770 bdavis@homebancshares.com Website www.homebancshares.com
Slide 15: FDIC-Assisted Acquisition Wakulla Bank
FDIC-Assisted Acquisition Wakulla Bank October 1, 2010 NASDAQ: HOMB www.homebancshares.com
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