---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-028356"
form_type: "8-K"
ticker: "BFST"
cik: "0001624322"
company_name: "Business First Bancshares, Inc."
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:26:51.232176+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BFST receives all regulatory approvals for Oakwood Bancshares merger; completion expected Oct 1

## Summary
- Regulatory approvals obtained from Fed, FDIC, Louisiana OFI, Texas Banking Dept.
- Oakwood shareholders voted to approve the merger on August 27, 2024.
- Post-merger b1BANK assets ~$7.6B, total loans ~$5.9B; adds 4 DFW branches plus 2 others.
- Roy J. Salley to join as regional chairman Dallas; William G. Hall to BFST and b1BANK boards.
- Merger expected to close October 1, 2024, subject to customary closing conditions.

## SEC filing metadata
- accession: 0001437749-24-028356
- form_type: 8-K
- ticker: BFST
- cik: 0001624322
- company_name: Business First Bancshares, Inc.
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624322/000143774924028356/0001437749-24-028356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624322/000143774924028356/bfbi20240903_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-028356
- JSON: https://secwatch.observer/filing/0001437749-24-028356.json
- Plain text: https://secwatch.observer/filing/0001437749-24-028356.txt

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