HOME BANCSHARES INC 8-K

What Happened

• Home BancShares, Inc. announced on March 24, 2026 (Form 8-K) that the Board of Governors of the Federal Reserve System and the Arkansas State Bank Department have approved its applications to acquire Mountain Commerce Bancorp, Inc. (MCBI) and to merge Mountain Commerce Bank into Home’s subsidiary, Centennial Bank.
• The transaction remains subject to the remaining closing conditions in the merger agreement and is expected to close early in the second quarter of 2026.

Key Details

• Regulators approving the deal: Board of Governors of the Federal Reserve System and Arkansas State Bank Department.
• Targets: Mountain Commerce Bancorp, Inc. (holding company) and Mountain Commerce Bank (to be merged into Centennial Bank).
• Filing date/signature: 8-K filed March 24, 2026; signed by Jennifer C. Floyd, Chief Accounting Officer.
• Timing: Expected closing early in Q2 2026, subject to remaining closing conditions.

Why It Matters

• Regulatory approval is a major milestone that clears key legal hurdles for the merger and brings the deal closer to closing.
• If completed, the transaction will expand Home BancShares’ footprint by adding Mountain Commerce’s bank operations into Centennial Bank; timing and ultimate benefits depend on satisfying remaining closing conditions.
• The company included a standard forward‑looking statement caution that the merger may not close as expected and referred investors to its 2025 Form 10-K (filed Feb 27, 2026) for additional risk factors.