Federal Reserve Approves Home BancShares Merger with Mountain Commerce

Federal Reserve Press Releases

Published March 12th, 2026

Detected March 13th, 2026

Summary

The Federal Reserve Board has approved the application by Home BancShares to acquire Mountain Commerce Bancorp, Inc. This approval also allows Centennial Bank to merge with Mountain Commerce Bank and establish a branch at its current location.

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What changed

The Federal Reserve Board announced its approval of Home BancShares' application to acquire Mountain Commerce Bancorp, Inc., and subsequently merge with Mountain Commerce Bank. Additionally, Centennial Bank received approval to merge with Mountain Commerce Bank and operate a branch at the bank's existing location.

This action signifies regulatory approval for the consolidation of these financial institutions. Regulated entities, particularly those involved in bank mergers and acquisitions, should note the Federal Reserve's review process for such applications. No specific compliance actions or deadlines are indicated for other entities, as this is a specific approval for the named parties.

Source document (simplified)

Press Release

March 12, 2026

Federal Reserve Board announces approval of application by Home BancShares

For release at 4:30 p.m. EDT

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- The Federal Reserve Board on Thursday announced its approval of the application by Home BancShares, of Conway, Arkansas, to acquire and subsequently merge with Mountain Commerce Bancorp, Inc., and thereby indirectly acquire Mountain Commerce Bank, both of Knoxville, Tennessee.

The Board also gave its approval for Centennial Bank, of Conway, Arkansas, to merge with Mountain Commerce Bank and to establish and operate a branch at Mountain Commerce Bank's location.

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