Equity Bancshares, Inc. Completes Merger with KansasLand Bancshares, Inc.
Summary
“This acquisition is a testament to our commitment to growth in our home state of Kansas, and we look forward to serving our new customers while continuing to deliver for our shareholders.” KansasLand’s locations open as Equity Bank on July 2. Equity has approximately $5.3 billion in proforma consolidated assets and operates 74 locations in Kansas, Missouri, Arkansas, and Oklahoma. “This partnership aligns with our vision and strategy, and we are eager to integrate our teams and offer even greater value to our customers in these markets,” said Equity Bancshares, Inc. Chairman & CEO, Brad Elliott. Accordingly, Equity cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Factors that could cause actual results to differ materially from Equity’s expectations include competition from other financial institutions and bank holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; acquisitions and integration of acquired businesses; and similar variables.