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Bank7 to acquire controlling stake in Century Bank, expanding footprint into New Mexico

Jul 2, 2026, 5:03 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Direct impact on Bank7’s asset base and regional footprint with potential near-term stock movement on closing; upside depends on successful auction, regulatory approvals, and integration synergies; risk remains if bidding exceeds expectations or deal fails.

AI summary

What happened, with direct paths to the underlying reporting

Bank7 Corp. will acquire about 71% of Century Financial Services (Century Bank) via a court-supervised sale, with Bank7 as the stalking-horse bidder. The combined franchise would have roughly $3.4 billion in assets and extend Bank7’s footprint into New Mexico, pending regulatory approvals and a competitive bidding process, with a closing targeted for Q3 2026.

Bank7 to acquire approximately 71% controlling stake in Century Financial Services (Century Bank).
Court-supervised sale; Bank7 as stalking-horse bidder; closing targeted in Q3 2026.
Century Bank assets: $1.35B; deposits $1.22B; gross loans $826M (3/31/2026).
Combined entity would have about $3.4B in assets; expands into New Mexico.

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Bank7 to acquire controlling stake in Century Bank, expanding footprint into New Mexico

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