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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 Companys 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
  managements estimate of the adequacy of the
  allowance for loan losses legislative or
  regulatory changes or changes in accounting
  principles, policies or guidelines managements
  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.

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Where is Arkansas?
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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)
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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.
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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)
Big Pine
Summerland
Key West (2)
Branch Locations
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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.
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Loan Growth by Bank
(Dollars in Millions)
(a) Assumes all banks were aggregated
historically.
Source FDIC.
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Growth

• Includes financial information of acquired
  branches

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Deposit Market Share
(Dollars in Millions)
Source FDIC as of 6/30/07. (a) Pro Forma
including acquisition of Centennial Bank.
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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.
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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.
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Asset Quality
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Stable Net Interest Margin
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Housing Data
Data from the Office of Federal Housing
Enterprise Oversight 1Q 2007 - 1Q 2008
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Arkansas- No BoomNo Bust
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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
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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
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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

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Financial Strength

• 288 Million Total Capital
• 91 Million Excess Capital
• 40 Million Cash Parent Co.
• 1.87 Allowance to Loans

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Excess Capital
Excess Capital on Total RBC 91 Million
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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

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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

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Insider Ownership
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Investor Business Daily
Source Investor Business Daily publication dated
7/22/2008.
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Net Income
(Dollars in Millions)
GAAP
Cash
Note 2004 excludes the effect of a 2.7 million
after-tax gain.
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Earnings per Share
GAAP
Cash
Note 2004 excludes the effect of a 2.7 million
after-tax gain.
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Total Assets

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Total Equity
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Performance Analysis
Note 2004 excludes the effect of a 2.7 million
after-tax gain. (a) 6/30/08 annualized
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GAAP Cash Earnings
GAAP
Cash
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Quarterly EPS
GAAP
Cash
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Quarterly Return on Assets
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Quarterly Return on Equity
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Quarterly Efficiency Ratio
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Quarterly Net Interest Margin
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Total Loans Deposits
102.6
100.7
100.9
97.6
92.8
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Reserves/Total Loans
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Asset Quality Ratios
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Cash Dividends
62 Increase
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Quarterly Book Value
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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

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