Home Bancshares, Inc. · NYSE:HOMB
Home Bancshares — Merger or Acquisition (July 2014)
17 slides from Home Bancshares's merger presentation, Jul 31, 2014
Slide 1: Home BancShares (NASDAQ: HOMB)
NASDAQIHOMB mebancshares'com
Slide 2: Forward-looking statements
This presentation contains forward-looking statements which include, but are not limited to, statements about the benefits of the business combination transaction involving Home and Broward, including future financial and operating results, the combined company’s plans, objectives, expectations, goa
Slide 3: Transaction overview: purchase of Broward Financial Holdings
• Purchase all of the issued and outstanding shares of common stock of Broward Financial Holdings, Inc., a Florida state-chartered holding company with $168.5 million in total assets • No additional capital required to complete the transaction • Acquired branches will operate as Centennial Bank, a w
Slide 4: Additive to current South Florida footprint
• Additive to current South Florida footprint – Expands into the southeast coast of Florida • Financially attractive transaction – immediately accretive to: – Net income – Earnings per share – Book value – Tangible book value • Addition of experienced Southeast Florida bankers to the Centennial Bank
Slide 5: Broward Bank Core Deposits
Core Deposits ($mm) • 2 full service locations in Fort Lauderdale, Florida • Broward Bank has recently been ranked 12 th in the “DepositAccounts.com Top 200 Healthiest Banks 2014”. Note: Core deposits defined as total deposits less time deposits greater than $100K; Shown as Broward Bank of Commerce.
Slide 6: Broward County: Deposit Market Share
Slide 7: Deposit Market Share of Top Holding Companies in Broward County
Deposit Market Share of Top 10 Holding Companies in Broward County (1) Rank Institution Branches Deposits ($mm) Dep/Branch ($mm) Market Share BANK OF AMERICA CORPORATION 10,305,955 $ 141,177 $ 24.7% WELLS FARGO & COMPANY 7,979,329 107,829 19.1% JPMORGAN CHASE & CO. 2,877,219 58,719 6.9% CITIGROUP IN
Slide 8: Pro forma deposit composition
12% 13% 18% 57% 16% 37% 10% 37% 12% 13% 20% 55% 6% 23% 27% 44% Note: Dollars in Millions HOMB Florida Traditions HOMB – Pro-Forma Transaction Accounts Money Market & Savings Jumbo Time Deposits Retail Time Deposits Broward Bank HOMB 6/30/2014 Acquired FL Traditions Deposits 6/30/2014 Acquired Browar
Slide 9: Pro forma loan portfolio by type
Loan Type HOMB (6/30/14) Acquired Traditions Loans (2) (6/30/14) Acquired Broward Loans (2) (6/30/14) HOMB Pro-forma Total % of Pro-forma Total Loans Note: Dollars in Millions (1) Includes Agriculture (2) Before loan discounts Commercial RE (Non-farm/non-residential & agriculture) $ 1,906 $ 149 $ 55
Slide 10: Acquisition history
Year Acquired Bank Acquisition Type Location Assets Note: Dollars in Millions Community Bank Market Cabot, AR $326 Twin City Bank Market North Little Rock, AR $633 Marine Bank Market Marathon, FL $258 Bank of Mountain View Market Mountain View, AR $203 Centennial Bank Market Little Rock, AR $234 Old
Slide 11: Pro forma branch map
Note: Pro-forma map as of July 2014 ARKANSAS 83 Branches ALABAMA 7 Branches Panhandle 29 Branches FLORIDA 17 Branches FLORIDA 4 Branches FLORIDA 9 Branches South Central Southwest Keys FLORIDA Branch Locations (151) FLORIDA 2 Branches Southeast
Slide 12: Arkansas branch locations
Note: Map as of July 2014 Branch Locations Mountain View (2) Searcy (3) Beebe (2) Ward Cabot (5) Jacksonville (3) Sherwood Greenbrier Vilonia Conway (7) Mayflower Maumelle Little Rock (8) Bryant Quitman Fordyce North Little Rock (5) Morrilton Heber Springs ARKANSAS Jonesboro (7) Batesville (2) Highl
Slide 13: Florida Panhandle and Alabama branch locations
Note: Map as of July 2014 Eastpoint Apalachicola Carrabelle Port St. Joe Lynn Haven Panama City St. George Island Panama City Beach (2) Mexico Beach Southport Blountstown Bristol Tallahassee (6) Crawfordville Daphne Fairhope Point Clear Elberta Foley Orange Beach Gulf Shores Navarre Destin Wewahitch
Slide 14: Central Florida branch locations
Note: Map as of July 2014 Clermont Lake Mary Longwood Winder Park Orlando (2) Kissimmee St. Cloud Winter Haven Lakeland Zephyrhills Plant City Tampa Lutz Wesley Chapel Dade City Spring Hill Branch Locations (17)
Slide 15: Pro forma Florida branch map
Note: Pro-forma map as of July 2014 FLORIDA Port Charlotte Punta Gorda Marco Island Key Largo Islamorada Marathon (2) Big Pine Key West (3) Summerland Eastpoint Apalachicola Carrabelle Port St. Joe Lynn Haven Panama City St. George Island Panama City Beach (2) Mexico Beach Southport Blountstown Bris
Slide 16: Corporate Headquarters and Financial Information
Corporate Headquarters Home BancShares, Inc. 719 Harkrider Street, Suite 100 P.O. Box 966 Conway, AR 72033 Financial Information Brian Davis Investor Relations Officer (501) 328-4770 Website www.homebancshares.com
Slide 17: Home BancShares (NASDAQ: HOMB)
NASDAQIHOMB mebancshares'com