Home Bancshares, Inc. · NYSE:HOMB
Home Bancshares — Merger or Acquisition (November 2016)
20 slides from Home Bancshares's merger presentation, Nov 8, 2016
Slide 1: NASDAQ: HOMB
Exhibit 99.2
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 business combination transaction described herein, including the combined company’s future financial and operating results, plans, expectations,
Slide 3: Home BancShares, Inc.
Headquartered in Conway, Arkansas, Operates 142 branches in Arkansas, Alabama, Florida and New York Bank holding company focused on commercial and retail banking services for businesses and individuals Financial Highlights at 9/30/16 Total Assets - $9.8 Billion Total Loans - $7.0 Billion Total Depos
Slide 4: Giant Holdings, Inc.: Transaction Overview
Giant Holdings, Inc. (“GHI”), a Florida state-chartered holding company for Landmark Bank, N.A. (“Landmark”) Community bank established in 1998 in Fort Lauderdale, FL $463.0 million in total assets Landmark acquired a bank from the FDIC in 2014 with approximately $88 million in total assets Purchase
Slide 5: Giant Holdings, Inc.: Transaction Overview
Purchase price for the transaction of approximately $88.5 million $70.0 million HOMB Common Stock $18.5 million Cash The exchange ratio for HOMB stock will be based on a 20 day HOMB Volume Weighted-Average Price (“VWAP”) immediately prior to closing Collar at +/- 20% of the closing 20 day HOMB VWAP
Slide 6: Giant Holdings, Inc.: Transaction Overview
Termination Provisions No shop provision, with a fiduciary out for the board to accept a superior proposal If Landmark terminates the agreement prior to the closing of the transaction and accepts a superior proposal, there will be a termination fee equal to 5% of transaction value Key management of
Slide 7: Strategic Opportunity
Additive to current Southeast Florida footprint Financially attractive transaction – immediately accretive to: Diluted earnings per share Tangible Book Value Book Value Addition of experienced Southeast Florida bankers to the Centennial Bank team Strategic Opportunity
Slide 8: Broward & Palm Beach Counties: Deposit Market Share
Broward & Palm Beach Counties: Deposit Market Share (1) Deposit market share as of 6/30/16 HOMB DEPOSIT MARKET SHARE BY COUNTY County Branches Deposits (000) Market Share (%) Broward 2 $ 85,126 0.16% Palm Beach - - 0.00% Total 2 $ 85,126 0.16% COMBINED DEPOSIT MARKET SHARE BY COUNTY County Branches
Slide 9: Branch Detail & Demographics
Branch Detail & Demographics Address City Open Date 2016 Deposits ($M) Growth Over 2015 (%) Total Households (#) Projected Household Change (‘16-’22) (%) Median Household Income ($) Projected Median Household Change (‘16-’22) (%) 8199 W McNab Rd. Tamarac Feb 1978 12 38.3% 22,029 8.0% 45,157 10.3% 26
Slide 10: Deposit Composition
Deposit Composition Note: Dollars in Millions HOMB HOMB – Pro-Forma Transaction Accounts Money Market & Savings Jumbo Time Deposits Retail Time Deposits HOMB 9/30/2016 Acquired Landmark Deposits 9/30/2016 HOMB Pro-Forma Transaction Accounts $ 1,298 $ 158 $ 1,456 Money Market & Savings 4,269 113 4,38
Slide 11: Loan Composition
Loan Composition Note: Dollars in Millions Includes Agriculture Before loan discounts Loan Type HOMB (9/30/16) Acquired Landmark Loans(2) (9/30/16) HOMB Pro-forma Total % of Pro-forma Total Loans Commercial RE (Non-farm/non-residential & agriculture) $ 3,032 $ 190 $ 3,222 43.2% Construction/Land Dev
Slide 12: Historical Acquisitions
Historical Acquisitions Year Acquired Bank Acquisition Type Location Assets 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 Market L
Slide 13: HOMB Footprint
HOMB Footprint Note: Map as of November 2016 ARKANSAS 76 Branches ALABAMA 6 Branches Panhandle 27 Branches FLORIDA 17 Branches FLORIDA 4 Branches FLORIDA 8 Branches South Central Southwest Keys FLORIDA FLORIDA 3+6 Branches Southeast NEW YORK 1 Branch
Slide 14: Arkansas Footprint: Branch Locations
Branch Locations Mountain View (2) Searcy (3) Beebe (2) Ward Cabot (4) Jacksonville (2) Sherwood Greenbrier Vilonia Conway (7) Mayflower Maumelle Little Rock (8) Bryant Quitman North Little Rock (5) Morrilton Heber Springs ARKANSAS Jonesboro (5) Batesville (2) Highland Monette Mountain Home Paragoul
Slide 15: Gulf Coast Footprint
Gulf Coast FOOTPRINT Note: Map as of November 2016 Eastpoint Apalachicola Carrabelle Port St. Joe Lynn Haven Panama City St. George Island Panama City Beach (2) Mexico Beach Blountstown Bristol Tallahassee (6) Daphne Fairhope Elberta Foley Orange Beach Gulf Shores Navarre Destin Wewahitchka ALABAMA
Slide 16: Central Florida Footprint
Central Florida Footprint Note: Map as of November 2016 Lake Mary Winder Park Orlando Kissimmee St. Cloud Winter Haven Lakeland Zephyrhills Plant City Tampa (3) Lutz Dade City Spring Hill Branch Locations (17) St. Petersburg Sarasota
Slide 17: Southern Florida Footprint
Southern Florida Footprint Note: Map as of November 2016 Existing Branch Locations (21) Naples Marco Island Tamarac Key largo Islamorada Marathon (2) Key West (3) Big Pine Hollywood Ft. Lauderdale (2+2) Boca Raton Davie (1+1) Landmark Branch Locations (6) Port Charlotte Punta Gorda
Slide 18: Florida Footprint
Florida Footprint Note: Map as of November 2016 FLORIDA Port Charlotte Punta Gorda Marco Island Key Largo Islamorada Marathon (2) Big Pine Key West (3) Eastpoint Apalachicola Carrabelle Port St. Joe Lynn Haven Panama City St. George Island Panama City Beach (2) Mexico Beach Blountstown Bristol Talla
Slide 19: Contact Information
Contact Information Corporate Headquarters Home BancShares, Inc. 719 Harkrider Street, Suite 100 P.O. Box 966 Conway, AR 72033 Financial Information Jennifer C. Floyd Investor Relations Officer (501) 339-2929 Website www.homebancshares.com
Slide 20: Slide 20
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