An Arkansas community bank is planning to enter the securities business by acquiring a nearby brokerage firm.

Fort Smith-based Bank of the Ozarks said Tuesday that it has signed an agreement to buy John R. Taylor Financial Group, also of Fort Smith, for an undisclosed sum.

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.