Home BancShares to Acquire Mountain Commerce Bancorp with Regulatory Approvals.

Mountain Commerce Bancorp has announced the receipt of regulatory approvals for its merger with Home BancShares. The merger is expected to enhance the company's financial position and expand its customer base. The combined entity will have over $14 billion in assets and operate 200 branches across the southeastern United States. The merger is subject to shareholder approval and is expected to close in the second quarter of 2023.