Bank7 Corp. filed a Form 8-K on November 2, 2026, disclosing the completion of its merger with Century Financial Services Corporation, which became effective at 12:01 a.m. Central Time on November 1, 2026.

Key Highlights

  • Merger effective: Century Financial Services Corporation merged with and into Bank7 Corp. on November 1, 2026, with Bank7 Corp. continuing as the surviving entity.
  • Merger agreement date: The Agreement and Plan of Merger was dated September 16, 2026, between Bank7 Corp. and Century Financial Services Corporation.
  • Per-share consideration (accredited investors): Each qualifying share of Century common stock was converted into approximately $210.41 in cash and 3.7052 shares of Bank7 Corp. common stock, plus cash in lieu of fractional shares.
  • Per-share consideration (non-accredited investors): Each Century share held by a shareholder who is not an "accredited investor" was converted into the right to receive $426.53 in cash.
  • Phantom stock plan units: Each outstanding phantom stock plan unit under the Century Bank 2017 Phantom Stock Plan was vested and converted into the right to receive a cash payment equal to $423.56, subject to applicable withholding taxes.
  • No dissenters: According to the filing, no holders of Century common stock properly exercised dissenters' rights under applicable New Mexico law.
  • Private placement: Shares of Bank7 Corp. common stock issued in the merger were issued in a private placement to accredited investors in reliance on an exemption from registration under the Securities Act and will be restricted securities.

Bank7 Corp. Closes Acquisition of Century Financial Services Corporation

According to the Form 8-K filed with the Securities and Exchange Commission on November 2, 2026, Bank7 Corp. (NASDAQ:BSVN) consummated its previously announced merger with Century Financial Services Corporation, a New Mexico corporation and registered bank holding company. The merger became effective upon the filing of articles of merger with, and acceptance by, the applicable governmental authorities of the States of Oklahoma and New Mexico.

The filing states that at the effective time, each share of Century common stock held by accredited investors was converted into the right to receive approximately $210.41 in cash and 3.7052 shares of Bank7 Corp. common stock (par value $0.01 per share), along with cash in lieu of any fractional shares. The filing notes that no fractional shares of Bank7 Corp. common stock were issued. For Century shareholders who are not "accredited investors," each share was converted into the right to receive $426.53 in cash. The filing further states that each outstanding phantom stock plan unit under the Century Bank 2017 Phantom Stock Plan was vested and converted into the right to receive a cash payment of $423.56, subject to applicable withholding taxes.

The filing notes that no holders of Century common stock properly exercised dissenters' rights under applicable New Mexico law, and accordingly no holders are entitled to receive payment of the fair value of their shares in lieu of the merger consideration. The Form 8-K was signed by Kelly J. Harris, Chief Financial Officer of Bank7 Corp., and a press release dated November 2, 2026, announcing the completion of the merger was attached as Exhibit 99.1.

What Was Disclosed

Bank7 Corp. reported the November 1, 2026 completion of its merger with Century Financial Services Corporation under an agreement dated September 16, 2026, detailing the per-share cash and stock consideration paid to Century shareholders and the treatment of phantom stock plan units.