secwatch.observer — SEC 8-K summary
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Issuer:     Bank7 Corp. (BSVN)
CIK:        0001746129
Form:       8-K
Filed at:   2021-12-10T23:59:59+00:00
Accession:  0001140361-21-041130
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. completes $29.3M cash acquisition of Cornerstone Bank, adds 3 branches
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- Acquired Watonga Bancshares (parent of Cornerstone Bank) for ~$29.3M cash; WBI dissolved and Cornerstone merged into Bank7.
- Pro forma assets increase $254M to $1.4B; deposits up $228M to $1.2B; loans up $118M to $1.0B (as of Sep 30, 2021).
- Adds three branches on western edge of Oklahoma City metro; total branches now 12, with 4 in the metro area.
- Cornerstone customers continue with their longtime bankers; integration expected to benefit all shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746129/000114036121041130/0001140361-21-041130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746129/000114036121041130/brhc10031668_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-041130

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