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NASDAQ: HOMB www.homebancshares.com

Looking

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 Company’s 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 management’s estimate of the adequacy of the allowance for loan losses; legislative or regulatory changes or changes in accounting principles, policies or guidelines; management’s 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. 2

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History in the Making

Largest Ever In-State Bank Merger

Branch Locations (92)

Liberty Locations (46) Centennial Locations (46)

$7.1 Billion Holding Company

Total Assets (Pro-forma as of March 2013)

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• Purchase all of the issued and outstanding shares of common stock of Liberty Bancshares, Inc., an Arkansas state-chartered holding company

• As of March 31, 2013, Liberty had $2.9 billion in total assets, $1.9 billion in loans and $2.2 billion in customer deposits

• Acquired branches will operate as Centennial Bank, a wholly-owned subsidiary of Home BancShares, Inc.

• Significantly accretive to net income and EPS • Issuance of $250 million of HOMB common stock plus

$30 million in cash and leverages our excess capital

Transaction Overview

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• 46 full service locations spanning from Northwest Arkansas to Northeast Arkansas • Liberty’s franchise is ranked 6th in market share in Arkansas

Overview of Liberty

Core Deposits ($mm)

$0

$200

$400

$600

$800

$1,000

$1,200

$1,400

$1,600

$1,800

'08YE '09YE '10YE '11YE '12YE MRQ

$1,363 $1,294

$1,358

$1,616 $1,659 $1,632

Source: Core deposits defined as total deposits less time deposits greater than $100K Note: MRQ as of 3/31/13; Shown as Liberty Bancshares, Inc. (’08YE-MRQ) 6

• The combined entity would rise to 2nd in deposit market share among Arkansas-based holding companies

Deposit Market Share: Arkansas-Based Holding Companies

Deposit Market Share of Top 10 Arkansas-Based Holding Companies (1)

(1) Deposit market share as of 6/30/12

Rank Institution Branches Deposits

($mm) Dep/Branch

($mm) Market

Share 1 Arvest Bank Group, Inc. 110 6,446,019$ 58,600$ 12.1%

Home BancShares, Inc. - Pro Forma 92 3,899,559 42,387 7.3% 2 First Security Bancorp 72 3,252,212 45,170 6.1% 3 Simmons First National Corporation 73 2,566,061 35,152 4.8% 4 Liberty Bancshares, Inc. 46 2,142,608 46,578 4.0% 5 Home BancShares, Inc. 46 1,756,951 38,195 3.3% 6 Bank of the Ozarks, Inc. 66 1,586,278 24,035 3.0% 7 First Bank Corp. 24 1,208,520 50,355 2.3% 8 Summit Bancorp, Inc. 25 973,062 38,922 1.8% 9 Rogers Bancshares, Inc. 45 891,873 19,819 1.7%

10 Community First Bancshares, Inc. 10 756,063 75,606 1.4% 7

Arkansas Deposit Market Share

• Liberty Bancshares, Inc. is ranked 6th with aggregate market share of 4.0% in Arkansas

• The combined entity would rise to 3rd in deposit market share in Arkansas Deposit Market Share of Top 10 Holding Companies in Arkansas (1)

(1) Deposit market share as of 6/30/12

Rank Institution Branches Deposits

($mm) Dep/Branch

($mm) Market

Share 1 Arvest Bank Group, Inc. 110 6,446,019$ 58,600$ 12.1% 2 Regions Financial Corporation 97 4,277,471 44,098 8.0%

Home BancShares, Inc. - Pro Forma 92 3,899,559 42,387 7.3% 3 First Security Bancorp 72 3,252,212 45,170 6.1% 4 Bank of America Corporation 38 3,129,594 82,358 5.9% 5 Simmons First National Corporation 73 2,566,061 35,152 4.8% 6 Liberty Bancshares, Inc. 46 2,142,608 46,578 4.0% 7 Home BancShares, Inc. 46 1,756,951 38,195 3.3% 8 BancorpSouth, Inc. 53 1,736,643 32,767 3.3% 9 Bank of the Ozarks, Inc. 66 1,586,278 24,035 3.0%

10 First Bank Corp. 24 1,208,520 50,355 2.3% 8

Deposit Composition (Dollars in Millions)

HOMB Liberty Bancshares

HOMB – Pro-Forma

Transaction Accounts Money Market & Savings

Jumbo Time Deposits Retail Time Deposits

HOMB 3/31/2013

Acquired Liberty Deposits

3/31/2013 HOMB

Pro-Forma Transaction Accounts $ 348 $ 239 $ 587 Money Market & Savings 2,182 1,017 3,199 Retail Time Deposits 450 376 826 Jumbo Time Deposits 485 541 1,026

$ 3,465 $ 2,173 $ 5,638

14% 10% 13%

63% 25% 11%

17% 47%

18% 10% 15% 57%

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Loan Composition (Dollars in Millions)

Loan Type HOMB

(3/31/13)

Acquired Liberty

Bancshares Loans(2)

(3/31/13)

HOMB Pro-forma

Total

% of Pro-forma

Total Loans

Commercial RE (Non-farm/non-residential & agri.)

$ 1,206 $ 818 $ 2,024 44.6%

Construction/Land Development 313 222 535 11.8%

Residential Real Estate 784 492 1,276 28.1%

Commercial & Industrial (1) 298 288 586 12.9%

Consumer 34 43 77 1.6%

Other 33 12 45 1.0%

Total $ 2,668 $ 1,875 $ 4,543 100% (1) Includes Agricultural (2) Before loan discounts 10

Recent Acquisitions

Year Acquired Bank Acquisition Type Location Assets ($mm) 2010 Old Southern Bank FDIC-assisted Orlando, FL $335 2010 Key West Bank FDIC-assisted Key West, FL $97 2010 Coastal Community Bank FDIC-assisted Panama City, FL $362 2010 Bayside Savings Bank FDIC-assisted Port Saint Joe, FL $63 2010 Wakulla Bank FDIC-assisted Crawfordville, FL $353 2010 Gulf State Community Bank FDIC-assisted Carrabelle, FL $112 2012 Vision Bank Market Panama City, FL $530 2012 Heritage Bank of Florida FDIC-assisted Lutz, FL $225 2012 Premier Bank §363 Bankruptcy Tallahassee, FL $265 2013 Liberty Bancshares, Inc. Market Jonesboro, AR $2,853

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HOMB Footprint (Pro-forma as of June 2013)

ARKANSAS 92 Branches

ALABAMA 7 Branches

Panhandle 31 Branches

FLORIDA 9 Branches

FLORIDA 3 Branches

FLORIDA 9 Branches

South

Central

Southwest

Keys

FLORIDA

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Branch Locations (151)

Combined Arkansas Footprint (Pro-forma as of June 2013)

Mountain View (2)

Searcy (2+3)

Beebe (2) Ward

Cabot (5) Jacksonville (3) Sherwood (2)

Greenbrier

Vilonia

Conway (7) Mayflower Maumelle

Little Rock (8) Bryant

Quitman

Fordyce

North Little Rock (5)

Morrilton (1+1)

Heber Springs

ARKANSAS

Jonesboro (7)

Batesville (2) Bay

Highland

Monette

Mountain Home (2)

Paragould (3)

Rector Bentonville

Fayetteville (2)

Fort Smith (4)

Gentry Rogers Siloam Springs (3) Springdale Tontitown

Atkins

Clarksville

Dardanelle (2)

Russellville (4)

Pottsville

Van Buren

Liberty Branch Locations (46) Existing Branch Locations (46)

13 Branch Locations (92)

Gulf Coast Presence (As of June 2013)

Branch Locations (38)

Eastpoint Apalachicola Carrabelle Port St. Joe

Lynn Haven Panama City (3)

St. George Island

Panama City Beach (2)

Mexico Beach

Southport Blountstown

Bristol Tallahassee (7)

Panacea Crawfordville

Daphne Fairhope

Point Clear Elberta Foley

Orange Beach Gulf Shores

Navarre Destin Santa Rosa Beach

Wewahitchka

ALABAMA

FLORIDA Quincy

St. Marks Pensacola

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FLORIDA

Port Charlotte Punta Gorda

Marco Island

Key Largo Islamorada

Marathon (2) Big Pine

Key West (3)

Summerland

Orlando (2) Winter Park

Clermont

Eastpoint Apalachicola Carrabelle Port St. Joe

Lynn Haven Panama City (3)

St. George Island

Panama City Beach (2)

Mexico Beach

Southport Blountstown

Bristol Tallahassee (7)

Panacea

Navarre

Wewahitchka

Destin Santa Rosa Beach Quincy

Lutz Wesley Chapel Tampa

Lake Mary

Crawfordville

Florida Footprint (As of June 2013)

Branch Locations (52)

Longwood

St. Marks

Pensacola

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Contact Information

Corporate Headquarters Home BancShares, Inc.

719 Harkrider St., Suite 100 P.O. Box 966

Conway, AR 72033

Financial Information Brian Davis

Investor Relations Officer (501) 328-4770

Website www.homebancshares.com

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NASDAQ: HOMB www.homebancshares.com