Home BancShares Finalizes $146M Share-Based Acquisition of $1.77B Mountain Commerce Bancorp
Home BancShares completed its acquisition of Mountain Commerce Bancorp through mergers that folded MCBI into Home and Mountain Commerce Bank into Centennial, effective April 1, 2026. As of Dec 31, 2025, MCBI reported $1.77B assets, $1.49B loans and $1.54B deposits, expanding Home’s branch network to 226 locations.
1. Acquisition Completed
On April 1, 2026, Home BancShares merged with Mountain Commerce Bancorp via a series of mergers, folding Mountain Commerce Bank into its Centennial Bank subsidiary.
2. MCBI Financial Profile
At year-end December 31, 2025, Mountain Commerce reported $1.77 billion in total assets, $1.49 billion in loans and $1.54 billion in deposits, though final closing balances may differ.
3. Branch Network Expansion
The transaction expands Home’s footprint to 226 branches across six markets: 78 in Florida, 75 in Arkansas, 59 in Texas, eight in Tennessee, five in South Alabama and one in New York City.
4. Share Issuance Terms
Home issued approximately 5.4 million new shares valued at $146 million, with Mountain Commerce shareholders receiving 0.85 shares per share plus cash for fractional shares and becoming eligible for Home’s future dividends.