Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) Q3 2018 Earnings Conference Call Transcript

Oct 18, 2018 • 02:00 pm ET

Previous

Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) Q3 2018 Earnings Conference Call Transcript

Share
Close

Loading Event

Loading Transcript

Presentation
Operator
Operator

Greetings, ladies and gentlemen, and welcome to the Home BancShares Incorporated Third Quarter 2018 earnings call. The purpose of this call is to discuss the information and data provided in the quarterly earnings release issued this morning. The Company presenters will begin with prepared remarks, then entertain questions. (Operator Instructions)

The Company has asked me to remind everyone to refer to their cautionary note regarding forward-looking statements. You will find this note on page three of their Form 10-K filed with the SEC in February 2018. At this time, all participants are in a listen-only mode. And, this conference is being recorded. (Operator Instructions)

It is now my pleasure to turn the call over to Mr. Allison.

Executive
John Allison

Thank you, Cowell. Good afternoon, everyone. Welcome Home BancShares third quarter earnings release and conference call. Our management team has gathered with me today, and you'll hear from them later in the Q&A. You've seen the press release, and the front page has changed to hopefully provide a better and quicker way to present our information. The change came from our new IR lady who you all know Donna Townsell. So please let Donna know what we can do to improve from here.

First, I want to wish our customers, employees and their families a speedy recovery from the devastating storm that hit the Panhandle in Florida last week. There really are some amazing stories coming from that area, from both our employees and customers stepping up to help each other, people helping people. Good people can become great people when faced with severe adversity and that's what's going on in the Panhandle of Florida today. Leadership is what it's all about. We have been kind of struggling, because of the phone service, finding our people. So we've actually physically been going out to their address to check them and I think so far we've accounted for all, but one.

Executive
Unidentified Speaker

They've all been accounted.

Executive
John Allison

They've all been accounted. That's great. That's a new update for me. This storm was a bad one and literally, some of our people had no food, no housing, no water and no clothes. Well, the cloths they had were probably on their back and they were wet. We'll tell you a few stores, some of the great stores coming out, I know there'll be more, but one of the great -- one of our customers from Pensacola, Florida, Rick Olson(ph), purchased, loaded and delivered two bob trucks, full of last essential materials including food, water, cloths, generators, fuel, chainsaws and medical supplies. He navigated the un-navigable roads carrying plywood to place on the road that was washed away or damaged.

He entered the places he was informed by law enforcement not to enter, not stopping because his friend and banker Jim Haynes, his family and employees were in dire need of help. He said the Tracy David(ph), I can do it and he did it. The entire Home BancShares family owes a real sense of gratitude to Rick Olson