CONWAY, Ark. and AMARILLO, Texas, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ: HOMB) ("Home BancShares" or "HOMB"), the parent company of Centennial Bank, and Happy Bancshares, Inc. ("Happy Bancshares"), the parent company of Happy State Bank, jointly announced today that they have entered into a definitive merger agreement pursuant to which Home BancShares will acquire Happy Bancshares in an all-stock merger, with Home BancShares as the surviving entity. The combination grants Home BancShares access to the high growth Texas market and establishes the combined entity as a dominant Southern institution with the opportunity to leverage each company's track record of performance, integration and leadership.