Mountain Commerce Bancorp, Inc. shareholders voted in favor of a definitive all‑stock merger with Home Bancshares, Inc. on March 13 2026, a decision that will combine Home Bancshares’ 218‑branch community banking franchise with Mountain Commerce Bank’s eight branches to create a combined entity with approximately 225 branches and pro‑forma assets of about $25 billion.
The merger, announced in a definitive agreement on December 8 2025, will close in the early second quarter of 2026. Home Bancshares will be the surviving company, and Mountain Commerce Bank will merge into its subsidiary Centennial Bank. The transaction is valued at roughly $150.1 million and involves an exchange ratio of 0.850 shares of Home Bancshares for each share of Mountain Commerce common stock, making the deal immediately triple accretive with earnings‑per‑share accretion projected at 1.4 % in 2026 and 3.0 % in 2027.
Strategically, the merger expands Home Bancshares’ footprint into high‑growth Tennessee markets—Knoxville, Nashville, and Johnson City—while giving Mountain Commerce access to a stronger balance sheet and capital position. The combination is expected to enhance Home Bancshares’ ability to serve small‑to‑medium‑sized businesses, professionals, and affluent individuals across a broader geographic area.
Financially, Home Bancshares posted record net income of $402.241 million in 2024, up 2.7 % from 2023, and a 2025 net income exceeding $475 million, an 18.2 % increase from 2024. The company’s 2025 revenue reached $1.9 billion, and its common equity tier 1 capital ratio stood at 15.1 % as of December 31 2024. Mountain Commerce Bank’s eight branches will be integrated into the larger network, adding to Home Bancshares’ diversified portfolio.
"We waited patiently to make our next acquisition to ensure we partnered up with a good quality bank in a strong market, and I am extremely pleased about what the future holds for HOMB and MCBI in the Volunteer State," said John Allison, Chairman and CEO of Home Bancshares. "Mountain Commerce is proud to join forces with one of the top‑performing banks in the country. This partnership provides resources, through HOMB's strong balance sheet and capital position, to allow our talented team of bankers to flourish," added William E. "Bill" Edwards, III, CEO and founder of Mountain Commerce.
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