0001171843-11-001670.txt : 20110531 0001171843-11-001670.hdr.sgml : 20110530 20110531092154 ACCESSION NUMBER: 0001171843-11-001670 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110531 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110531 DATE AS OF CHANGE: 20110531 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOME BANCSHARES INC CENTRAL INDEX KEY: 0001331520 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51904 FILM NUMBER: 11879800 BUSINESS ADDRESS: STREET 1: 719 HARKRIDER CITY: CONWAY STATE: AR ZIP: 72032 BUSINESS PHONE: 501-328-4657 MAIL ADDRESS: STREET 1: 719 HARKRIDER CITY: CONWAY STATE: AR ZIP: 72032 8-K 1 document.htm FORM 8-K FILING DOCUMENT Form 8-K Filing

United States
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) May 31, 2011

Home BancShares, Inc.
(Exact name of registrant as specified in its charter)


Arkansas 		 
000-51904 		 
71-0682831
(State or other jurisdiction
of incorporation) 		  (Commission File Number)   (IRS Employer Identification No.)


 
719 Harkrider, Suite 100, Conway, Arkansas 		 
72032 		 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (501) 328-4770



Not Applicable
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
  [    ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [    ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [    ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [    ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01. Regulation FD Disclosure.

     The Company hereby furnishes its press release dated May 31, 2011, which is attached hereto as Exhibit 99.1, announcing a recovery on a previously reported loss in the fourth quarter of 2010.

Item 9.01. Financial Statements and Exhibits.

     (d) Exhibits

       99.1 Press Release: Home BancShares, Inc. Announces $4.4 Million Recovery.

SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    Home BancShares, Inc.
(Registrant)
May 31, 2011
(Date) 		  /s/   RANDY MAYOR
Randy Mayor
Chief Financial Officer
EX-99.1 2 newsrelease.htm PRESS RELEASE Home BancShares, Inc. Announces $4.4 Million Recovery

EXHIBIT 99.1

Home BancShares, Inc. Announces $4.4 Million Recovery

CONWAY, Ark., May 31, 2011 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB), parent company of Centennial Bank, today announced it has recovered $4.4 million in charged off loans from a previously reported loss in the fourth quarter of 2010.

Debt settlement arrangements of $4.4 million were completed last week with $3 million received from New York litigation and $1.4 million from collection action in Arkansas. These funds will be added to the bank's loan loss reserves. 

"In January, when Home BancShares released our 2010 fourth quarter results, we promised to aggressively pursue repayment of charge offs," said John Allison, Chairman. "This recovery is important, but make no mistake additional collection efforts will continue for any and all charge-offs we've incurred."

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, and the Florida Panhandle. 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, estimates regarding impairment charges, the ability to recover some portion of the impaired indebtedness 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, 2010 filed with the Securities and Exchange Commission.

CONTACT: Randy Mayor
         Chief Financial Officer
         Home BancShares, Inc.
         (501) 328-4657