Home Bancshares, Inc. · NYSE:HOMB
Home Bancshares — Merger or Acquisition (March 2010)
12 slides from Home Bancshares's merger presentation, Mar 18, 2010
Slide 1: FDIC-Assisted Acquisition Old Southern Bank
FDIC-Assisted Acquisition Old Southern Bank March 12, 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 Acquired approximately $341 million in assets & assumed approximately $326 million in liabilities All loans and other real estate owned are covered by FDIC loss protection No holding company assets or liabilities were included Acquired branches will operate as Centennial Bank, a
Slide 4: Strategic Opportunity
Strategic Opportunity Expand our Florida footprint into Lake, Orange & Seminole counties Deposit market growth potential 16% greater than the 5-year national average Household income growth potential 10% greater than the 5-year national average Loan market growth potential 36% greater than the 5-yea
Slide 5: HOMB Capital Strength
HOMB Capital Strength Ratio 2008 Actual 2009 Pro-forma 2009 Benchmark Leverage 10.87% 17.42% 15.53% 5.00% Tier 1 12.70% 20.76% 19.78% 6.00% Total RBC 13.95% 22.02% 21.04% 10.00% TCE $226,459 $357,961 $358,864 Tier 1 capital $278,427 $455,098 $457,255 Total RBC $306,000 $482,690 $486,344 (in thousand
Slide 6: Florida Pro-Forma Footprint
Florida Pro-Forma Footprint Acquired Branch Location Existing Branch Locations FLORIDA Port Charlotte Punta Gorda Marco Island Key Largo Islamorada Marathon (3) Big Pine Key West (2) Summerland 19 Branches (As of March 2010) Branch Locations Acquired Branch Existing Branches Charlotte County, FL - 2
Slide 7: Historical Acquisitions
Historical Acquisitions Year Acquired Bank Location Assets (in millions) 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
Slide 8: Deposit Composition
Deposit Composition Non-interest Savings CDs Brokered East 302 715 784 34 West 30.6 38.6 34.6 31.6 North 45.9 46.9 45 43.9 DDA/NOW Svgs/MMDA CDs Brokered East 329 867 925 34 West 30.6 38.6 34.6 31.6 North 45.9 46.9 45 43.9 Non-interest Savings CDs brokered East 27 152 141 0 West 30.6 38.6 31.6 North
Slide 9: 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 % Key West-Marathon, FL MSA 9 $206 $2,226 3 9.3 Port Charlotte/Punta Gorda 2 15 2,499 11 0.6 Naples - Marco Island MSA 1 21 11,325 30 0.2
Slide 10: Loan Composition
Loan Composition Loan Type Acquired Florida $ Amount (in millions) Florida Pro-forma $ Amount (in millions) HOMB Pro-forma Total (in millions) % of Pro-forma Total Loans Commercial RE (Non-farm/non-residential & agri.) $ 98 $ 244 $ 941 42% Construction/Land Development 119 166 487 22% Residential Re
Slide 11: 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 12: FDIC-Assisted Acquisition Old Southern Bank
FDIC-Assisted Acquisition Old Southern Bank March 12, 2010 NASDAQ: HOMB www.homebancshares.com