secwatch.observer — SEC 8-K summary
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Issuer:     Bank7 Corp. (BSVN)
CIK:        0001746129
Form:       8-K
Filed at:   2026-09-17T11:30:36+00:00
Accession:  0001140361-26-036855
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 to acquire Century Financial for ~$137.3M in cash and stock, expanding into New Mexico
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- Deal: $70M cash plus 1,232,657 BSVN shares for 100% of Century; ~$137.3M total based on $54.57/share.
- Century Bank (Santa Fe, NM): $1.36B assets, $1.23B deposits, $845M loans as of 6/30/2026; combined ~$3.3B.
- Each Century share: $210.41 cash + 3.7052 BSVN shares; 332,683 shares outstanding.
- Expected close Q4 2026; subject to Century shareholder approval, Federal Reserve approval, and court approvals in receivership case.
- Merger replaces prior Receivership SPA for 71% controlling interest, which remains in effect as backup if merger terminates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746129/000114036126036855/0001140361-26-036855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746129/000114036126036855/ef20081983_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-036855

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