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Home BancShares Names Davy Carter as Executive Vice President

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CONWAY, Ark., May 17, 2013 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB), parent company of Centennial Bank, has named Davy Carter Executive Vice President. Carter formerly served as Division President for Centennial Bank in Cabot and he remains a member of the Centennial Bank Board in Cabot. He will report to Randy Sims, CEO of Home BancShares.

"We are extremely pleased that Davy is returning to our corporate family. It is a unique and exciting opportunity to have someone with his experience and knowledge join our leadership team," said Sims.

Carter is the current Speaker of the Arkansas House of Representatives, where he is serving his third term.

"This is a great opportunity and I'm excited to be back with the Centennial Bank and Home BancShares family. I look forward to being a part of this outstanding corporation and its executive leadership team," said Carter.

Carter is a graduate of Arkansas State University in Jonesboro with a bachelor's degree in finance. In addition, he holds a Juris Doctor with honors from the University of Arkansas at Little Rock's William H. Bowen School of Law and is an alumnus of the Graduate School of Banking at Louisiana State University in Baton Rouge.

"Davy brings more than a decade of financial experience to Home BancShares, including his years with Centennial Bank. His outstanding leadership skills and strong community ties will help further build upon our reputation for strength and service," said John W. Allison, chairman of Home BancShares.

Carter and his wife Cara reside in Cabot with his three children Jackson, John David and Anna Claire.

Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Our wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has locations in Central Arkansas, North Central Arkansas, Southern Arkansas, the Florida Keys, Southwestern Florida, Central Florida, the Florida Panhandle and South Alabama. The Company's common stock is traded through the NASDAQ Global Select Market under the symbol "HOMB."

This release contains forward-looking statements regarding the Company's plans, expectations, goals and outlook for the future. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors, including, but not limited to, economic conditions, credit quality, interest rates, loan demand, the ability to successfully integrate new acquisitions and changes in the assumptions used in making the forward-looking statements, could cause actual results to differ materially from those contemplated by the forward-looking statements. Additional information on factors that might affect Home BancShares, Inc.'s financial results are included in its Annual Report on Form 10-K for the year ended December 31, 2012 filed with the Securities and Exchange Commission.

CONTACT: Eric King PR Director Centennial Bank (501) 328-4891

Source:Home BancShares, Inc.