---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-015305"
form_type: "8-K"
ticker: "EQBK"
cik: "0001227500"
company_name: "EQUITY BANCSHARES INC"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:06:16.649696+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Equity Bancshares extends $25M credit line to Feb 2025, waives ROA covenant breach

## Summary
- Maturity of $25M line extended to Feb 10, 2025 from Feb 10, 2024, via Seventh Amendment with ServisFirst Bank.
- Lender waived violation of Return on Assets ratio covenant as of Dec 31, 2023; borrower acknowledged default.
- Loan documents updated: CFO contact changed from Eric Newell to Chris Navratil.
- Permitted Acquisition geography now includes AR, IA, KS, MO, NE, OK.
- Disclosed three pending class-action lawsuits over overdraft fees; no loss estimate provided.

## SEC filing metadata
- accession: 0000950170-24-015305
- form_type: 8-K
- ticker: EQBK
- cik: 0001227500
- company_name: EQUITY BANCSHARES INC
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227500/000095017024015305/0000950170-24-015305-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227500/000095017024015305/eqbk-20240210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-015305
- JSON: https://secwatch.observer/filing/0000950170-24-015305.json
- Plain text: https://secwatch.observer/filing/0000950170-24-015305.txt

## Key facts
- Debt Financings
  EQUITY BANCSHARES INC amended credit facility with ServisFirst Bank maturing February 10, 2025.
  - Instrument: credit facility
  - Counterparty: ServisFirst Bank
  - Maturity: February 10, 2025
  - Event: amendment
  source text: The Amendment extended the maturity date of the commitment to extend credit under the Agreement to February 10, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227500/000095017024015305/0000950170-24-015305-index.htm
- Material Agreements
  EQUITY BANCSHARES INC amended Seventh Amendment with ServisFirst Bank (effective 2024-02-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: ServisFirst Bank
  - Effective: 2024-02-10
  source text: On February 10, 2024, Equity Bancshares, Inc. (the “Company”), as borrower, entered into a Seventh Amendment (the “Amendment”) to its Loan and Security Agreement (the “Agreement”) with ServisFirst Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227500/000095017024015305/0000950170-24-015305-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.