Home Bancshares, Inc. · NYSE:HOMB
Home Bancshares — Merger or Acquisition (July 2018)
12 slides from Home Bancshares's merger presentation, Jul 2, 2018
Slide 1: | July 2018 www.homebancshares.com
NASDAQ: HOMB | July 2018 www.homebancshares.com
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT This presentation contains forward - looking statements which include, but are not limited to, statements about the benefits of the acquisition of the Shore Premier Finance (“SPF”) division of Union Bank & Trust by Home BancShares, Inc. (the “Company”) and its bank subsidia
Slide 3: Transaction Overview
TRANSACTION OVERVIEW Purchased substantially all assets and certain specific liabilities of Shore Premier Finance (“SPF”) from Union Bank & Trust at a 5% premium. Acquired approximately $383.4 million in consumer marine loans and dealer floor plan draws with a weighted average yield of 4.60%. The po
Slide 4: Overview of Shore Premier Financial
OVERVIEW OF SHORE PREMIER FINANCIAL Provides direct consumer loans to finance Coast Guard registered high - end sail and power boats. Referrals come from dealers and brokers. Provides inventory floor plan lines of credit to marine dealers. Total outstanding loans as of 12/31/17 were $365 million wit
Slide 5: Strategic Opportunity
STRATEGIC OPPORTUNITY Expands the specialty finance options currently offered. Centennial currently has 16 locations in Southeast Florida which is considered the “boating capital of the world.” Experienced lending team with proven track record, strong industry knowledge and established relationships
Slide 6: Shore Financial Loan Growth
$0 $25 $50 $75 $100 $125 $150 $175 $200 $225 $250 $275 $300 $325 $350 $375 $400 '14 '15 '16 Q1 '17 Q2 '17 Q3 '17 Q4 '17 Q1 '18 $ 60 $ 147 $ 244 $ 275 $ 297 $ 317 $ 335 $ 353 SHORE FINANCIAL LOAN GROWTH DOLLARS IN MILLIONS 6
Slide 7: Default and Loss History
DEFAULT AND LOSS HISTORY 7 Cumulative losses of less than 1.0 % since 2010. Losses realized on SPF originated loans since 2013 are limited to $45K. Losses from purchased loans since 2012 have totaled $236K. 2010 2011 2012 2013 2014 2015 2016 2017 Defaults (by loan count) 1.6% 1.1% 2.3% 0.8% 0.9% 0.0
Slide 8: Historical Acquisitions
HISTORICAL ACQUISITIONS 8 Year Acquired Bank Acquisition Type Location Assets (1) 2003 Community Bank Market Cabot, AR $326 2005 Twin City Bank Market North Little Rock, AR $633 2005 Marine Bank Market Marathon, FL $258 2005 Bank of Mountain View Market Mountain View, AR $203 2008 Centennial Bank Ma
Slide 9: Total Assets Post Acquisition
TOTAL ASSETS POST ACQUISITION TOTAL PROFORMA ASSETS AS OF MARCH 31, 2018 9 $ 14.7 Billion Holding Company
Slide 10: Summary
SUMMARY Expands specialty finance options. Financially attractive transaction. Immediately accretable to EPS. 65.73% loan growth in 2016 and 37.54% loan growth in 2017. Cumulative loan losses historically below 1.0%. Acquisition is consistent with HOMB’s opportunistic strategy. Seamless integration
Slide 11: Contact Information
CONTACT INFORMATION 11 Corporate Headquarters Home BancShares, Inc. 719 Harkrider Street, Suite 100 P.O. Box 966 Conway, AR 72033 Financial Information Donna Townsell Director of Investor Relations (501) 328 - 4625 Website www.homebancshares.com
Slide 12: | July 2018 www.homebancshares.com
NASDAQ: HOMB | July 2018 www.homebancshares.com