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Forward Looking Statements.

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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 contained herein reflect our current views about future events and financial performance and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause our actual results to differ significantly from historical results and those expressed in any forward-looking statement. Some factors that could cause actual results to differ materially from historical or expected results include: factors listed in the Company’s 10-K as filed with the Securities and Exchange Commission; changes in general economic conditions, either nationally or locally in the areas in which we conduct or will conduct our business; inflation, interest rate, market and monetary fluctuations; increases in competitive pressures among financial institutions and businesses offering similar products and services; higher defaults on our loan portfolio than we expect; changes in management’s estimate of the adequacy of the allowance for loan losses; legislative or regulatory changes or changes in accounting principles, policies or guidelines; management’s estimates and projections of interest rates and interest rate policy; the execution of our business plan; and other factors affecting the financial services industry generally or the banking industry in particular.

We do not intend and disclaim any duty or obligation to update or revise any industry information or forward-looking statements set forth in this presentation to reflect new information, future events or otherwise.



Holding company profile

Holding Company Profile

  • Initial Public Offering Completed 6/22/06

  • $2.6 billion financial holding company (6/30/08)

    • Headquartered in Conway, AR

    • Founded in 1998

    • Banking background

  • Community bank philosophy

  • Attractive / growth markets in AR, FL

    • Five banks in Arkansas

    • One bank in South Florida

  • History of successful acquisitions

    • Sold WRBI for $6.1M gain in Q1 2008

  • Significant insider ownership

    • Present ownership of 35.2% (1/31/08)

Mountain View (2)

Quitman

Searcy (3)

Greenbrier

Vilonia

Beebe (2)

Morrilton

Ward

Conway (7)

Cabot (5)

Mayflower

Maumelle

Jacksonville (3)

North Little Rock (5)

Sherwood (2)

Little Rock (10)

Bryant

Rison

Kingsland

New Edinburg

Fordyce

ARKANSAS

51 Branches

(As of 6/30/08)

FLORIDA

Headquarters

Branch Locations

12 Branches

(As of 6/30/08)

Port Charlotte

Punta Gorda

Marco Island

Key Largo

Islamorada

Marathon (3)

Summerland

Big Pine

Key West (2)


Company history

Marine Bank

Marathon, FL

June 1, 2005 (b)

Centennial Bank

Little Rock, AR

January 1, 2008

Company History

  • The table below lists our bank subsidiaries and the dates of the acquisitions of their respective parent companies:

First State Bank

Conway, AR

October 26, 1998

Bank of Mountain View

Mountain View, AR

September 1, 2005

Community Bank

Cabot, AR

December 1, 2003

Twin City Bank

N. Little Rock, AR

January 1, 2005 (a)

(a) Prior to the date of the acquisition, we owned approximately 32% of the shares of TCBancorp, the parent company of Twin City Bank.

(b) In 1995, Mr. Allison, our Chairman and Chief Executive Officer, was a founding board member of Marine Bancorp, the parent company of Marine Bank. He owned approximately 13.9% of Marine Bancorp's shares at the time of our acquisition.


Florida keys history
Florida Keys History

  • Acquired Marine Bank – 6/1/05

    • Opened in 1995

    • John Allison was a founding organizer and board member

  • Florida Loans – 28% CAGR:

    • 9/30/02 $83 million

    • 6/30/08 $318 million

  • Florida Deposits – 22% CAGR:

    • 9/30/02 $95 million

    • 6/30/08 $288 million

FLORIDA

12 Branches

(As of 6/30/08)

Port Charlotte

Punta Gorda

Marco Island

Key Largo

Islamorada

Marathon (3)

Summerland

Big Pine

Key West (2)

Branch Locations


Loan composition
Loan Composition

(Dollars in Millions, As of June 30, 2008)

  • Loans receivable of $1.95 billion

  • 82% of our loans are secured by real estate

(a) Includes Agricultural.


Loan growth by bank

2002-2008 CAGR – 17.4%

Loan Growth by Bank

(Dollars in Millions)

(a) Assumes all banks were aggregated historically.

Source: FDIC.


Growth
Growth

  • Includes financial information of acquired branches


Deposit market share
Deposit Market Share

(Dollars in Millions)

Source: FDIC as of 6/30/07.

(a) Pro Forma including acquisition of Centennial Bank.


Arkansas deposit market share
Arkansas Deposit Market Share

(Dollars in Millions)

$47.4 Billion in Total Deposits for Market

Source: FDIC as of 6/30/07.

(a) Pro Forma including acquisitions – as if owned historically

(b) Pro Forma including acquisition of Centennial Bank.


Little rock msa deposit market share
Little Rock MSADeposit Market Share

Source: FDIC as of 6/30/07.

(a) Pro Forma including acquisitions – as if owned historically

(b) Pro Forma including acquisition of Centennial Bank.




Housing data

6.3%

Wyoming

-3.0%

Rhode Island

-10.3%

Nevada

5.6%

Utah

-10.6%

California

-5.5%

Arizona

2.1%

ARKANSAS

-8.2 % Florida

Housing Data

Data from the Office of Federal Housing Enterprise Oversight 1Q 2007 - 1Q 2008



Fayetteville shale map
Fayetteville Shale Map

Mountain View

Greenbrier

Quitman

Searcy

Morrilton

Conway

Beebe

Vilonia

Ward

Mayflower

Cabot

Jacksonville

Sherwood

North Little Rock

Maumelle

Little Rock

Bryant

Rison

New Edinburg

Kingsland

Fordyce

Home BancShares, Inc., Arkansas Locations


Fayetteville shale impact
Fayetteville Shale Impact

  • $2.6 billion of economic output in 2007

  • $17.9 billion of economic output 2008-2012

  • Direct employment of more than 11,000 people in Arkansas each year 2008-2012

Source: University of Arkansas 2008 Economic Impact Study


Hewlett packard
Hewlett Packard

  • Opening new location of customer service & technical support in Conway

  • First employees expected mid-2009

  • Creation of 1,200 jobs for Conway Area

  • Average pay expected to be $50,000 per employee


Financial strength
Financial Strength

  • $288 Million Total Capital

  • $91 Million Excess Capital

  • $40 Million Cash – Parent Co.

  • 1.87% Allowance to Loans


Excess capital
Excess Capital

Excess Capital on Total RBC = $91 Million


Hbi executives 97 years of experience
HBI Executives (97 years of experience)

  • John Allison (25)

    • Founder, Chairman and Chief Executive Officer

    • Former Chairman of the Executive Committee, First Commercial Corp.

  • Ron Strother (35)

    • President, Chief Operating Officer

    • Former President and Chief Operating Officer of First Commercial Bank

  • Randy Mayor (21)

    • Chief Financial Officer

    • Former SVP of Finance, First National Bank of Conway (Sub. of First Commercial Corp.)

  • Brian Davis (16)

    • Director of Financial Reporting

    • Former Vice President of Finance with Simmons First National


Bank ceo 152 years experience
Bank CEO(152 years experience)

  • Randy Sims (32)

    • First State Bank

    • Former EVP with First National Bank of Conway (First Commercial Corp.)

  • Tracy French (22)

    • Community Bank

    • Former EVP and Director of First State Bank of Lonoke

  • Bob Birch (37)

    • Twin City Bank

    • Former President of the “old” Twin City Bank (Mercantile/Firstar/US Bank)

  • Hunter Padgett (27)

    • Marine Bank

    • Former Business Bank Exec. TIB, also with First Union (Wachovia) & SunTrust

  • Mickey Waddington (18)

    • Bank of Mountain View

    • Former Vice President of Twin City Bank

  • Chris Roberts (16)

    • Centennial Bank

    • Former EVP with One Bank located in Little Rock



Investor business daily
Investor Business Daily

Source: Investor Business Daily publication dated 7/22/2008.


Net income
Net Income

(Dollars in Millions)

GAAP

Cash

Note: 2004 excludes the effect of a $2.7 million after-tax gain.


Earnings per share
Earnings per Share

GAAP

Cash

Note: 2004 excludes the effect of a $2.7 million after-tax gain.




Performance analysis
Performance Analysis

Note: 2004 excludes the effect of a $2.7 million after-tax gain.

(a) 6/30/08 annualized



Quarterly eps
Quarterly EPS

GAAP

Cash






Total loans deposits
Total Loans & Deposits

92.8%

97.6%

100.9%

100.7%

102.6%




Cash dividends
Cash Dividends

62% Increase



Summary
Summary

  • Positioned in Fayetteville Shale Play

  • Hewlett Packard

  • Strong Insider Ownership

  • Strong Loan Growth

  • Strong Loan Pipeline

  • Good Deposit Growth

  • Core Non Interest Income Growth

  • Improving Efficiency Ratio

  • Good Asset Quality

  • Strong Loan Loss Reserve

  • Strong Loan/Deposit Ratio

  • Improving Net Interest Margin

  • Improving Core ROA

  • Improving Core Earnings/EPS

  • Increasing Book Value

  • Strong Capital Position