Form 8-K
8-K — Bank7 Corp.
Accession: 0001140361-26-035571
Filed: 2026-09-03
Period: 2026-09-03
CIK: 0001746129
SIC: 6022 (STATE COMMERCIAL BANKS)
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — ef20081614_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (ef20081614_ex99-1.htm)
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8-K
8-K (Primary)
Filename: ef20081614_8k.htm · Sequence: 1
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
September 3, 2026
Bank7 Corp.
(Exact name of registrant as specified in its charter)
Oklahoma
001-38656
20-0763496
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification Number)
1039 N.W. 63rd Street
Oklahoma City, Oklahoma 73116
(Address of principal executive offices and zip code)
(405) 810-8600
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange
on which registered
Common Stock, $0.01 Par Value
BSVN
Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17CFR § 230.405) or
12b-2 of the Exchange Act of 1934 (17 CFR § 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not
to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01
Other Events.
As previously disclosed, on July 1, 2026, Bank7 Corp. (the “Company”) and MCA Financial Group, LTD., and specifically Morris C. Aaron and/or Keith Bierman, solely in
its/their capacity as court-appointed receiver (the “Receiver”), acting on behalf of the Receivership Estate appointed pursuant to orders of the United States District Court for the District of Arizona (the “Court”) entered in KS StateBank
Corporation v. Kathleen K. Peters, et al., Case No. CV-25-02576-PHX-ROS (the “Receivership Proceeding”) entered into a Stock Purchase Agreement (the “Purchase Agreement”) whereby the Company agreed to purchase 237,136 shares of common stock of
Century Financial Services Corporation (“Century”), a New Mexico corporation and registered bank holding company, and any additional shares of Century that are subject to the Receivership Proceeding, estimated at approximately 71% of the
outstanding shares of common stock of Century, (collectively, the “Shares”) for a cash purchase price of $68.0 million (the “Purchase Price”). Pursuant to the terms of the Purchase Agreement, the sale of the Shares was subject to the receipt of
higher and better offers pursuant to bidding procedures approved by the Court in connection with a Court-supervised auction to determine the successful bidder. The Company previously disclosed its entry into the Purchase Agreement in its Current
Report on Form 8-K filed with the Securities and Exchange Commission on July 2, 2026.
The Receiver held the Court-supervised auction on September 3, 2026 pursuant to the bidding procedures approved by the Court (the “Auction”). At the conclusion of
the Auction, the Receiver determined that the final bid submitted by the Company of $91.0 million, inclusive of a breakup fee credit of approximately $2.0 million, resulting in a net cash purchase price of approximately $89.0 million, was the
highest or otherwise best bid and designated the Company as the successful bidder.
A copy of the press release issued by the Company on September 3, 2026, announcing the results of the Auction and related matters is attached hereto as
Exhibit 99.1.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
99.1
Press Release, dated September 3, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
BANK7 CORP.
Dated: September 3, 2026
By: /s/ Kelly J. Harris
Kelly J. Harris
Chief Financial Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: ef20081614_ex99-1.htm · Sequence: 2
Exhibit 99.1
FOR IMMEDIATE RELEASE:
Bank7 Corp. Named Successful Bidder in the Auction for a Controlling Interest in Century Financial Services Corporation
OKLAHOMA CITY, September 3, 2026 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN) (the “Company”), the parent company of Oklahoma City-based Bank7, today announced that it
has been named the successful bidder at an auction to acquire an approximately 71% controlling ownership interest in Century Financial Services Corporation (“Century”), the Santa Fe, New Mexico-based bank holding company for Century Bank. The
purchase price for the shares is $91 million, inclusive of a break up credit of approximately $2 million, resulting in a net cash purchase price of approximately $89 million.
As previously disclosed, the shares are being sold by a court-appointed receiver through a court-supervised sale process in the receivership proceeding captioned KS
StateBank Corporation v. Peters, et al., pending in the U.S. District Court for the District of Arizona.
Completion of the transaction is still subject to the receipt of all required bank regulatory approvals and the satisfaction of customary closing conditions. The
transaction is expected to close in the fourth quarter.
Founded in 1887, Century Bank operates nine branches across New Mexico, complemented by two loan production offices in Texas. As of June 30, 2026, Century Bank
reported total assets of $1.36 billion, total deposits of $1.23 billion, and gross loans of $845 million. Upon completion, the transaction would create a combined Southwest banking organization with approximately $3.4 billion in total assets.
“We are looking forward to completing this transaction and working closely with the employees, customers, and communities served by Century,” said Thomas L. Travis,
President and CEO of the Company.
About Bank7 Corp.
We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate twelve locations in
Oklahoma, the Dallas/Fort Worth, Texas metropolitan area and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent and well-designed loan and deposit products to meet their financing needs.
Forward-Looking Statements
This press release and oral statements made regarding the subject of this press release contain forward-looking statements. These forward-looking statements include,
but are not limited to, statements regarding the proposed acquisition of a controlling interest in Century, the expected terms, timing, and benefits of the transaction, and the anticipated financial and strategic impact on the combined
organization. These statements are subject to significant uncertainties, including, among others, the outcome of the court-supervised bidding and auction process; the possibility that a higher or better competing bid may be selected; the ability to
obtain required court and bank regulatory approvals; the satisfaction of closing conditions; the ability to successfully and efficiently integrate the acquired operations and realize anticipated cost savings; the amount and timing of future changes
in interest rates, market behavior, and other economic conditions; future laws, regulations, and accounting principles; and changes in regulatory standards and examination policies. Forward-looking statements are often, but not always, made through
the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends,” and similar words or phrases. Any or all
of the forward-looking statements in this press release may turn out to be inaccurate, and there can be no assurance that the proposed transaction will be completed on the terms described, or at all. The Company undertakes no obligation to update
any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
Contact:
Thomas Travis
President & CEO
(405) 810-8600
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