Home BancShares earned $33.9 million for the second quarter of 2015, making it the most profitable quarter in the company’s history, the Conway-based parent company of Centennial Bank reported Thursday.
Earnings for the second quarter are up by $5.5 million, 19.3 percent, from the same period in 2014, the company said. The company reported earnings per share of 50 cents for the second quarter, up from 43 cents in the same quarter in 2014.
Home BancShares also produced record organic loan growth during the second quarter of 2015, the company reported.
“Excluding the acquisition of $289.1 million of national commercial real estate loans, our momentum for generating non-covered organic loan growth was great this quarter, growing non-covered loans organically by a record $279.9 million," Home BancShares Chairman John Allison said in a statement.
The company has 82 branches in Arkansas, 59 branches in Florida, 7 branches in Alabama and has opened a loan production office in New York City.
Bank executives will hold a conference call at 1 p.m. Central time Thursday for discuss the results. Those who want to listen may dial (877) 508-9586 and ask for the call, or catch a replay afterward by calling (877) 344-7529, using passcode 10067277 or by visiting the investor relations section of the company's website at www.homebancshares.com.
Read Friday's Arkansas Democrat-Gazette for full details.