Bank7 Corp. filed an amendment to its Stock Purchase Agreement regarding the acquisition of Century Financial Services Corporation following a court-supervised auction on September 3, 2026. The company was designated as the successful bidder with a final bid of $91 million, which included a $2,040,000 break-up fee credit. Consequently, the purchase price for approximately 71% of Century's outstanding shares was increased from $68.0 million to $88,960,000. The transaction remains subject to closing conditions, including court approval and regulatory consent from the Federal Reserve Board. Bank7 Corp. operates as a bank holding company in the financial services industry.

Bank7 Corp. was designated the successful bidder in a court-supervised auction for an approximately 71% controlling interest in Century Financial Services Corporation, the holding company for Century Bank. The final bid of $91 million included a breakup fee credit of approximately $2 million, resulting in a net cash purchase price of approximately $89 million. This transaction follows an initial agreement to acquire the shares for $68 million. Completion is subject to regulatory approvals and customary closing conditions, with expected closure in the fourth quarter of 2026. Century Bank operates nine branches in New Mexico and two loan production offices in Texas, reporting $1.36 billion in total assets as of June 30, 2026. Upon completion, the combined entity will have approximately $3.4 billion in total assets. Bank7 Corp. is a bank holding company that operates Bank7, serving business owners and entrepreneurs through loan and deposit products across Oklahoma, Texas, and Kansas.

Bank7 Corp. reported Q2 2026 results with net income of $8.35 million and diluted earnings per share of $0.87, representing a 25% decrease compared to the same period in 2025. The company successfully completed the sale of its oil and gas assets and maximized a loan loss recovery related to an energy loan, resulting in a total cash recovery of $20.2 million. Bank7 Corp. is a financial services company providing community banking services in Oklahoma and Texas.

Bank7 Corp. entered into a Stock Purchase Agreement on July 1, 2026, to acquire a controlling interest in Century Financial Services Corporation via a $68.0 million cash purchase. The transaction involves purchasing 237,136 shares of common stock, representing approximately 71% of Century's outstanding shares, from a court-appointed receiver. The agreement acts as a 'stalking horse' bid, subject to court approval and potential auction. Bank7 Corp. is required to pay a $7.25 million good-faith deposit, and a $2.04 million break-up fee is included in the following terms. Bank7 Corp. is a financial services company providing banking operations.