Home Bancshares (HOMB), Centennial Bank Announce Successful Bid to Purchase Bank of Commerce

Home BancShares, Inc. and Centennial Bank Announce Successful Bid to Purchase Bank of Commerce

CONWAY, Ark., Nov. 17, 2016 (GLOBE NEWSWIRE) -- Earlier today, at a hearing of the U.S. Bankruptcy Court for the Middle District of Florida in Tampa, Florida, Home BancShares, Inc. (NASDAQ: HOMB) (Home or the Company), parent company of Centennial Bank (Centennial), was designated the successful bidder to purchase The Bank of Commerce (BOC), a Florida state-chartered bank that operates in the Sarasota, Florida area, from its parent company, Bank of Commerce Holdings, Inc. (BCHI), a Florida corporation and bank holding company which is the subject of the bankruptcy proceeding.  Upon entry of the courts order... More