secwatch.observer — SEC 8-K summary
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Issuer:     Bank7 Corp. (BSVN)
CIK:        0001746129
Form:       8-K
Filed at:   2026-07-02T21:00:39+00:00
Accession:  0001140361-26-027463
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank7 Corp. agrees to acquire ~71% of Century Financial Services for $68M as stalking horse bid
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- Purchase price of $68M cash for ~71% controlling interest in Century Financial Services, parent of Century Bank.
- Century Bank has $1.35B assets, $1.22B deposits, $826M loans as of March 31, 2026; combined entity would have ~$3.4B assets.
- Transaction is a stalking horse bid subject to court-supervised auction, higher offers, and regulatory approvals; expected close Q3 2026.
- Break-up fee of $2.04M payable to Bank7 if not selected as successful bidder; good-faith deposit of $7.25M required.
- Acquisition extends Bank7's footprint into New Mexico; Century brand to be retained if successful.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746129/000114036126027463/0001140361-26-027463-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746129/000114036126027463/ef20077345_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-027463

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