ARKADELPHIA, ARK – Southern Bancorp, Inc., a Community Development Financial Institution (CDFI) and holding company for Southern Bancorp Bank, today announced that it has closed on its acquisition of DeWitt First Bankshares Corporation and its wholly owned subsidiary, Arkansas County Bank. The acquisition, which was announced in January 2021, closed on May 14 th, adding three new bank branches to the Southern Bancorp network, two in Arkansas County (DeWitt and Stuttgart) and one in Sevier County (Lockesburg), bringing the total number of locations in Arkansas and Mississippi to 52. “We are grateful for the opportunity to join the DeWitt, Stuttgart, and Lockesburg communities and introduce our new team members and customers to Southern Bancorp’s mission-driven style of banking,” said Southern Bancorp Inc. CEO Darrin Williams. “Our blend of traditional banking products and financial development services such as credit and housing counseling and financial education are designed to give everyone in the community access to the tools needed to build wealth, because at Southern, we believe wealth building isn’t just for the wealthy, we believe it’s for everyone.”