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Acquisitions buoyed third-quarter earnings at Home BancShares in Conway, Ark. The $7.2 billion-asset company reported Thursday that it earned $27.4 million, up roughly 49% from a year earlier.
October 16 -
It hasn't been easy for banks to get out of loss-sharing agreements with the FDIC, but Bank of the Ozarks recently secured the most significant early-termination deal yet. It could be a sign that banks and the regulator are getting on the same page.
January 2 -
Home Bancshares in Conway, Ark., has agreed to acquire Broward Financial Holdings in Fort Lauderdale, Fla.
July 30
Home BancShares in Conway, Ark.,
The $7.2 billion-asset company named Tracy M. French as president and chief executive of its subsidiary, Centennial Bank. French most recently served as a regional president at the bank, as well as vice chairman of its executive management committee.
In his new role, French replaces C. Randall Simms, who will remain president and CEO of the holding company.
"These changes come as part of improving the company's succession plan," John W. Allison, the chairman of Home BancShares, said in a press release Wednesday. "As an over $7 billion company, we felt it was the right time to make a positive expansion of the management team."
Centennial Bank has 156 branches in Alabama, Florida and Arkansas, according to the Federal Deposit Insurance Corp.
