Bank7 completes merger with Century Financial Services

Century Bank’s existing CFO, Anne Kain, was named president; Bank7 described 12 branches and Century eight branches, plus one Century loan production office.

Available on EDGAR 11/02/2026 - 09:01 AM EST Accepted by SEC EDGAR 11/02/2026 - 09:00 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Bank7 Corp. (BSVN) completed its merger with Century Financial Services Corporation on November 1, 2026; Century merged into Bank7, which remained the surviving company. Each Century common share, other than specified company- or subsidiary-owned shares, shares subject to properly exercised dissenters’ rights, and shares held by non-accredited investors, converted into the right to receive approximately $210.41 in cash and 3.7052 Bank7 shares, plus cash for any fractional share; no fractional shares were issued. Non-accredited investors became entitled to $426.53 in cash per share. No Century shareholders exercised dissenters’ rights.

Outstanding units under Century Bank’s 2017 Phantom Stock Plan vested and converted into the right to receive $423.56 per unit, subject to applicable withholding taxes. Shares issued in the merger are being issued in a private placement to accredited investors and are restricted securities. Bank7 named Anne Kain, Century Bank’s existing chief financial officer, president of Century Bank. Bank7 reported 12 branches across Oklahoma, the Dallas/Fort Worth area and Kansas; Century Bank operates eight branches in New Mexico and one loan production office in Dallas.

Filing Explained

The holding-company merger closed on November 1, 2026, but the attached release still lists regulatory approval and completion of the subsidiary-bank mergers as uncertain; this filing does not establish those bank-level mergers as complete.

8-K Event Classification

3 items: 2.01, 7.01, 9.01

3 items

Item 2.01 Completion of Acquisition or Disposition of Assets Financial

The company completed a significant acquisition or sale of business assets.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Merger cash consideration: Approximately $210.41 per eligible Century common share Bank7 common shares per Century share: 3.7052 shares Cash consideration for non-accredited investors: $426.53 per Century common share +4 more

7 metrics

Merger cash consideration Approximately $210.41 per eligible Century common share For shares converted into cash and Bank7 common stock at the November 1, 2026 effective time

Bank7 common shares per Century share 3.7052 shares Merger consideration for eligible Century common shares at the November 1, 2026 effective time

Cash consideration for non-accredited investors $426.53 per Century common share Shares held by Century shareholders who were not accredited investors

Phantom stock plan unit payment $423.56 per unit Outstanding units under the Century Bank 2017 Phantom Stock Plan; subject to applicable withholding taxes

Bank7 branches 12 branches Oklahoma, the Dallas/Fort Worth, Texas metropolitan area, and Kansas

Century Bank branches 8 branches New Mexico

Century loan production office 1 office Dallas

Key Terms

accredited investors, restricted securities, dissenters’ rights, phantom stock plan unit

4 terms

accredited investors regulatory

"private placement to accredited investors"

Accredited investors are individuals or entities considered to have enough financial knowledge and resources to understand and handle more complex and risky investments. They are often allowed to participate in private investment opportunities that are not available to the general public, similar to how experienced players might access exclusive clubs or events. This status helps ensure that investors can manage potential risks and rewards appropriately.

restricted securities regulatory

"will be restricted securities"

Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.

dissenters’ rights regulatory

"properly exercised dissenters’ rights under applicable New Mexico law"

A legal right that lets shareholders who disagree with a major corporate action—like a merger or sale—require the company to buy their shares for cash at a court-determined fair value instead of accepting the transaction. It matters to investors because it offers a safety valve against being forced into a deal they believe undervalues their stake, and it can affect the expected cash outcome and timing of any takeover or reorganization.

phantom stock plan unit financial

"outstanding phantom stock plan unit under the Century Bank 2017 Phantom Stock Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What consideration did BSVN offer Century shareholders in the merger?

For each eligible Century common share, holders became entitled to approximately $210.41 in cash and 3.7052 shares of Bank7 common stock, plus cash for any fractional share. Holders of Century shares who were not accredited investors became entitled to $426.53 in cash per share. No fractional shares were issued.

Who became president of Century Bank after the BSVN merger?

Anne Kain, Century Bank’s existing chief financial officer, was named president of Century Bank.

Did any Century shareholders exercise dissenters’ rights in the BSVN merger?

No holders of Century common stock properly exercised dissenters’ rights under applicable New Mexico law, so no holders were entitled to fair-value payment in lieu of the merger consideration.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

false000174612900017461292026-11-012026-11-01

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): November 1, 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 2.01. Completion of Acquisition or Disposition of Assets.

On November 1, 2026, Bank7 Corp. (the “Company”), consummated the previously announced merger (the “Merger”) pursuant to the Agreement and Plan of Merger, dated as of September 16, 2026 (the “Merger Agreement”), by and between the Company and Century Financial Services Corporation (“Century”), a New Mexico corporation and registered bank holding company.  At the effective time of the Merger (the “Effective Time”), Century merged with and into the Company, the Company continuing as the surviving entity.

The Merger became effective at 12:01 a.m., Central Time, on November 1, 2026, upon the filing of articles of merger with, and acceptance by, the applicable governmental authorities of the States of Oklahoma and New Mexico.

At the Effective Time, each share of Century common stock issued and outstanding immediately prior to the Effective Time (other than (i) shares owned by the Company, Century, or their respective subsidiaries (subject to customary exceptions), (ii) shares in respect of which holders properly exercised dissenters’ rights under applicable New Mexico law, and (iii) shares owned by Century shareholders who are not “accredited investors”) was converted into the right to receive approximately $210.41 in cash and 3.7052 shares of the Company’s common stock, par value $0.01 per share (the “Company Common Stock”), and cash in lieu of any fractional shares (the “Merger Consideration”).  No fractional shares of Company Common Stock were issued in the Merger.  The shares of Company common stock issued in the Merger are being issued in a private placement to accredited investors in reliance on an exemption from registration under the Securities Act and will be restricted securities.

Each share of Century common stock issued and outstanding immediately prior to the Effective Time held by a Century shareholder who is not an “accredited investor” was converted into the right to receive $426.53 in cash.  No holders of Century common stock properly exercised dissenters’ rights under applicable New Mexico law; accordingly, no holders are entitled to receive payment of the fair value of their shares in lieu of receiving the Merger Consideration.

At the Effective Time, each outstanding phantom stock plan unit under the Century Bank 2017 Phantom Stock Plan was vested and be converted into the right to receive a cash payment equal to $423.56, subject to applicable withholding taxes.

The foregoing description of the Merger Agreement and the Merger does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement, which was filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on September 17, 2026, and is incorporated herein by reference.

Item 7.01 Regulation FD Disclosure.

A copy of the press release issued by the Company on September 9, 2026, announcing the completion of the Merger is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
2.1	Agreement and Plan of Merger, dated September 16, 2026, by and between Bank7 Corp. and Century Financial Services Corporation (incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K filed September 17, 2026).
99.1	Press Release, dated November 2, 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: November 2, 2026	By:	/s/ Kelly J. Harris
	Kelly J. Harris
	Chief Financial Officer

Exhibit 99.1

FOR IMMEDIATE RELEASE:

Bank7 Corp. Announces Completion of Merger with Century Financial Services Corporation; Anne Kain Named President of Century Bank

OKLAHOMA CITY, November 2, 2026 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN) (the “Company”), the parent company of Oklahoma City-based Bank7, today announced that, effective November 1, 2026, it has completed the previously announced merger with Century Financial Services Corporation (“Century”), the Santa Fe, New Mexico-based bank holding company for Century Bank. Additionally, the Company is pleased to announce that Anne Kain, Century Bank’s existing chief financial officer, has been named the president of Century Bank.

Thomas L. Travis, President & CEO of Bank7 Corp. said, “The completion of the holding company merger marks an exciting chapter for our combined organization. We look forward to bringing together two community banking organizations that will pair Bank7’s high performing bank with Century’s core deposit franchise.”

Anne Kain, the President of Century Bank said, “Along with several existing members of Century Bank’s senior leadership team, I am excited to lead Century Bank as its president and continue my legacy of providing excellent banking services to New Mexicans. It is a privilege and an honor to serve as the president of a banking franchise that has a century-long tradition of providing outstanding community banking services in New Mexico. The merger with Bank7 will not only allow Century Bank to continue offering the same services but also will increase our size and footprint all to the benefit of all of our customers.”

About Bank7 Corp.

Bank7 Corp. is a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate twelve branches in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area, and Kansas, and through our wholly-owned subsidiary, Century Bank, we operate eight branches in New Mexico and one loan production office in Dallas. 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. We intend to continue to grow organically by selectively opening additional branches in our target markets and we will also pursue strategic acquisitions.

For more information about Bank7 and its products, visit bank7.com; and for more information about Century Bank and its products, visit mycenturybank.com.

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 merger with Century, the expected  costs 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 ability to successfully and efficiently integrate the acquired operations and realize anticipated cost savings; the impact of purchase accounting upon the assets and liabilities of Century, the ability to receive regulatory approvals for, and to complete, the mergers of our subsidiary banks in a timely manner, 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.

Contacts:

Thomas Travis

President & CEO

(405) 810-8600

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 8.2 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 21.5 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 15.7 KB