Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Hester Kevin
 2. Date of Event Requiring Statement (Month/Day/Year)
01/22/2010		 3. Issuer Name and Ticker or Trading Symbol
HOME BANCSHARES INC [HOMB]
(Last)
(First)
(Middle)
P.O. BOX 966		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Lending Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

CONWAY, AR 72033		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock - Restricted 1,000
D
 
Common Stock 1,620
I
Held by IRA
Common Stock 2,635
D
 
Common Stock 1,059.871
I
By 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Option 01/01/2010 03/13/2016 Common Stock 6,912 $ 12.2 D  
Stock Option   (1)   (2) Common Stock 2,210 $ 8.64 D  
Stock Option   (3)   (4) Common Stock 11,048 $ 6.79 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hester Kevin
P.O. BOX 966
CONWAY, AR 72033		       Chief Lending Officer  

Signatures

/s/ Kevin Hester by Rachel Starkey 02/01/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The option is exercisable in five equal annual installments. The first installment became exercisable on December 31, 2002.
(2) The option expires 10 years from the exercisable date, therefore the first installment became exercisable on December 31, 2002 and expres on December 31, 2012.
(3) The option is exercisable in five equal annual installments. The first installment became exercisable on December 31, 1999.
(4) The option expires 10 years from the exercisable date, therefore the first installment became exercisable on December 31, 1999 and expres on December 31, 2009.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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