Banking stocks (NYSE:EQBK) on Monday announced it has entered into a definitive merger agreement with KansasLand Bancshares, the parent company of KansasLand Bank in Quinter and Americus, Kansas, adding two locations to Equity Bank’s existing network.
Equity has a bank in Quinter and two branches in Topeka, northeast America.
Pro forma capital, including two KansasLand locations, will include a network of 73 banking locations, including 38 offices in Kansas, and total assets of $5.3 billion.
Since 2002, Equity Bank has completed 23 combined acquisitions of entire banks, depots or branches, it said in a statement.
More information about Equity Bancshares
- Equity Bancshares non-GAAP EPS was $1.03 versus $0.07, revenue of $55.91 million beats $0.54 million
- Equity Bancshares non-GAAP EPS was $0.77, higher by $0.04, on revenue of -$3.94 million