secwatch.observer — SEC 8-K summary
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Issuer:     Bank7 Corp. (BSVN)
CIK:        0001746129
Form:       8-K
Filed at:   2021-10-07T23:59:59+00:00
Accession:  0001140361-21-033963
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank7 Corp. to acquire Cornerstone Bank for ~$32M, adding $241M assets
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- Consideration ~$32M; closing expected Q4 2021, subject to regulatory and shareholder approvals.
- Cornerstone Bank had $241M assets, $215M deposits, $116M loans as of June 30, 2021.
- Combined entity would have ~$1.4B assets; Bank7 to operate 12 branches in OK, TX, KS.
- Boards of both companies unanimously approved; seller shareholders committed to vote in favor.
- Deal adds core funding and scale in Oklahoma market, enhancing growth prospects.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746129/000114036121033963/0001140361-21-033963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746129/000114036121033963/brhc10029673_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-033963

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer