"Little Rock-based Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, plans to acquire Ozarks Heritage Financial Group, and its wholly owned subsidiary, Legacy Bank and Trust, a $1.9 billion asset CDFI based in Springfield, Mo.
The acquisition will expand Southern Bancorp's footprint and expand its asset size to nearly $5 billion. Legacy Bank and Trust now operates in nine locations across Missouri, Oklahoma, and Texas, with a staff of nearly 200."