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Home BancShares Names Davy Carter As Executive Vice President

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."

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