Short answer
Bank7 Corp. (BSVN) filed an 8-K current report with the SEC on September 3, 2026 reporting Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). Bank7 won the court-supervised auction for approximately 71% of Century Financial Services.
Bank7 Corp. 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- Bank7 won the court-supervised auction for approximately 71% of Century Financial Services
- Final bid $91.0 million, including approximately $2.0 million breakup-fee credit
- Net cash purchase price approximately $89.0 million, up from the original $68.0 million offer
- Transaction remains subject to completion under the Court-approved sale process
Item EX-99.1 · Exhibit EX-99.1
- Bank7 selected to acquire approximately 71% controlling interest in Century Financial Services for $91 million, including a $2 million breakup credit
- Net cash purchase price approximately $89 million, creating a material capital deployment and acquisition execution risk
- Century Bank reported $1.36 billion assets, $1.23 billion deposits, and $845 million gross loans as of June 30, 2026
- Combined organization expected to reach approximately $3.4 billion assets, expanding Bank7’s Southwest banking footprint
- Closing targeted for fourth quarter, subject to court, bank regulatory approvals, and customary conditions
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Bank7 Corp. 8-K filings
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