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acquisitionAnnounced · Jan 13, 2026Community Development Financial InstitutionSource · CredibleArticle · Factual
Southern Bancorp acquires Legacy Bank and Trust
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$1.9B
Target
Legacy Bank and Trust
Mountain Grove, Missouri
Acquirer
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 2026-01-13. Figures and status may change as filings and press coverage update.
This announcement follows the successful closure of Southern Bancorp acquisition of Legacy Bank & Trust earlier this month, where Loftin has served as COO since 20 19
Deal timeline
Announced
Jan 13, 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