Bank of the Ozarks (OZRK) in Little Rock, Ark., is raising its profile in North Carolina.

The $4 billion-asset company announced Friday it is buying The First National Bank of Shelby in Shelby, N.C., for roughly $67.8 million in cash and stock.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.