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Home·Deals·Community Development Financial Institution·Southern Bancorp acquires Legacy Bank and Trust
SEO URLwww.firestrike.ai/deals/legacy-bank-and-trust-southern-bancorp-acquisition-2026-1
acquisitionAnnounced · Jan 5, 2026Community Development Financial InstitutionSource · Community DiscussionsArticle · Factual
Legacy Bank and Trust
Southern Bancorp
Legacy Bank and Trust · Southern Bancorp

Southern Bancorp acquires Legacy Bank and Trust

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
$1.9B
Target
Legacy Bank and Trust
Legacy Bank and Trust
Mountain Grove, Missouri
Acquirer
Southern Bancorp
Southern Bancorp
Full Acquisition
Status
Completed

Southern Bancorp agreed to acquire Legacy Bank and Trust. Reported deal value: $1.9B. Status: Completed. Sector: Community Development Financial Institution. Target headquarters context: Mountain Grove, Missouri, United States.

This page summarizes publicly available information about the transaction as of 2026-01-05. Figures and status may change as filings and press coverage update.

acquisition increases asset size to nearly $5 billion Southern Bancorp , Inc. , a Community Development Financial Institution and holding company for Southern Bancorp Bank , has announced the successful closure of its deal to acquire Ozarks Heritage Financial Group , Inc., and its wholly owned subsidiary, Legacy Bank & Trust , a $1.9 billion asset CDFI headquartered in Springfield, Mo

Deal timeline

Announced
Jan 5, 2026 · arkadelphian.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Community Development Financial Institution with a reported deal value of $1.9B. Figures and status may change as sources update.

Sources: arkadelphian.com · Primary article · FireStrike proprietary index