Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) Q4 2022 Earnings Conference Call January 19, 2023 2:00 PM ET
Company Participants
Donna Townsell - Senior EVP, Director, Investor Relations, Executive Officer & Director
John Allison - Co-Founder, Chairman, President & CEO
Kevin Hester - Chief Lending Officer & Executive Officer
Chris Poulton - President, Centennial Commercial Finance Group
Stephen Tipton - Chief Operating Officer & Executive Officer
Brian Davis - CFO, Treasurer, Executive Officer & Director
Tracy French - Executive Officer & Director
John Marshall - President, Shore Premier Finance
Conference Call Participants
Matt Olney - Stephens
Jon Arfstrom - RBC Capital Markets
Stephen Scouten - Piper Sandler
Brett Rabatin - Hovde Group
Brian Martin - Janney Montgomery Scott
Brady Gailey - KBW
Michael Rose - Raymond James
Operator
Greetings, ladies and gentlemen. Welcome to the Home BancShares Incorporated Fourth Quarter 2022 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 the cautionary note regarding forward-looking statements. You will find this note on Page 3 of their Form 10-K filed with the SEC in February 2022. 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 Donna Townsell, Director of Investor Relations.
Donna Townsell
Thank you. Good afternoon and welcome to our fourth quarter conference call. Today's discussion will include prepared remarks from our Chairman, John Allison; Chris Poulton, President of CCFG and Stephen Tipton, Chief Operating Officer. The rest of our team is present and available for questions. Tracy French, President and CEO of Centennial Bank; Brian Davis, our Chief Financial Officer; Kevin Hester, Chief Lending Officer and John Marshall, President of Shore Premier Finance.
2022 was quite a year Home Bancshares finished the year though with a strong fourth quarter and to provide you with the details is our first speaker Chairman, John Allison.
John Allison
Thank you, Donna. Welcome to our 2022 year-end and fourth quarter earnings release and conference call. Properly managing last year was both arduous, stressful and somewhat exhausting at bear. Loan and deposit rates had not been this high since the late 70s and the early 80s. That's when Volcker took rates to the low 20s and; finally, killed the snake, better known as inflation. This is the second fastest that we've ever raised rates in the history of our country.