---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-046476"
form_type: "8-K"
ticker: "EQBK"
cik: "0001227500"
company_name: "EQUITY BANCSHARES INC"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T13:35:09.025146+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Equity Bancshares to acquire KansasLand Bank for $100k cash, adding 2 KS branches

## Summary
- Deal value is $100,000 in cash; KansasLand has $54.5M assets, $45.4M deposits as of Dec 2023.
- Expected to close Q2 2024; pro forma Equity will have $5.3B assets and 73 locations.
- Estimated 2024E EPS accretion of $0.03 (0.71%) and 2025E EPS accretion of $0.05 (1.09%).
- TBVPS earnback estimated at approximately 0.28 years.
- Equity will rank No. 1 in Gove County, KS deposit market share after the merger.

## SEC filing metadata
- accession: 0000950170-24-046476
- form_type: 8-K
- ticker: EQBK
- cik: 0001227500
- company_name: EQUITY BANCSHARES INC
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227500/000095017024046476/0000950170-24-046476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227500/000095017024046476/eqbk-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-046476
- JSON: https://secwatch.observer/filing/0000950170-24-046476.json
- Plain text: https://secwatch.observer/filing/0000950170-24-046476.txt

## Key facts
- Material Agreements
  EQUITY BANCSHARES INC entered into Agreement and Plan of Merger with Kansasland Bancshares, Inc. valued at $100,000 (effective 2024-04-18).
  - Action: entry
  - Agreement: merger
  - Counterparty: Kansasland Bancshares, Inc.
  - Value: $100,000
  - Effective: 2024-04-18
  source text: entered into an Agreement and Plan of Merger (the “Agreement”), by and among the Company, KL Merger Sub, Inc. (“Merger Sub”), a Kansas corporation and a wholly owned subsidiary of the Company, Kansasland Bancshares, Inc. (“Kansasland”), a Kansas corporation and the parent company of KansasLand Bank (“KansasLand Bank”), a Kansas state bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1227500/000095017024046476/0000950170-24-046476-index.htm

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