Equity Bank
| ISIN | 🆔 |
|---|---|
| Industry | Banking |
| Founded 📆 | 2002 |
| Founder 👔 | |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
Key people | Brad S. Elliott Chairman & CEO. |
| Products 📟 | Loans, Mortgages, Investments, Checking, Savings account |
| Revenue🤑 |  : NASDAQ: EQBK: US$ 31.06 million |
| Total assets | US$ 3.17 billion (Q4:2017) |
| Members | |
Number of employees | |
| Parent | Equity BancShares Inc. |
| 🌐 Website | Homepage |
| 📇 Address | |
| 📞 telephone | |
History
Equity Bank was founded in 2002 by 23 investors who acquired the former National Bank of Andover in 2003.[1]. Subsequent to the acquisition, the bank’s name was changed to Equity Bank.[2] The bank then expanded into Wichita, KS in 2005[3], Kansas City, MO in 2007[4], western Kansas in 2008[5], Topeka, KS in 2011[6], Missouri in 2012[7], southeastern Kansas in 2015[8], Arkansas in 2016[9], and Oklahoma in 2017[10].
Equity Bank is a $1.6-billion bank with corporate headquarters in Wichita, Kansas, offering commercial loans, consumer banking, mortgage loans, auto loans, and more.[11]
Ownership
Equity Bank was founded by Chairman and CEO Brad S. Elliott in Andover, Kansas in 2002.[12]
Branch Network
Equity Bank maintains networked branches at the following locations:
Wichita, Kansas
Kansas City
- KC Northland[16]
- Overland Park 151st
- Overland Park Roe
- Lee's Summit North
- Lee's Summit Downtown
- Lee's Summit West
- Blue Springs[17]
Western Missouri
- Higginsville
- Sweet Springs
- Warrensburg North
- Warrensburg South
- Knob Noster
- Sedalia
- Windsor
- Clinton
- Warsaw Downtown
- Warsaw Truman Hills
Topeka, Kansas
- Downtown Topeka[18]
- Topeka Eighth Street
- Topeka - 29th & Gage
Western Kansas
Southeast Kansas
Arkansas
- Harrison Downtown[21]
- Harrison North
- Berryville[22]
- Eureka Springs
- Pea Ridge
Tulsa, Oklahoma
Ponca City - Newkirk, Oklahoma
- Ponca City Downtown[24]
- Ponca City - Northpark
- Ponca City - Plaza
- Newkirk[25]
Southwest, Kansas
- Liberal - Lincoln Avenue[26]
- Liberal - 4th Street
- Liberal - Southgate Mall
- Liberal - Walmart
- Hugoton
Business and Entrepreneurship
Equity Bank places a large focus on entrepreneurship. In 2013, the bank launched a “Napkin Stories” video series highlighting entrepreneurs in the community.
Business Timeline[27]
2002: Equity BancShares Inc. formed by Brad Elliott.[28]
2003: Purchases National Bank of Andover, KS, then changes name to Equity Bank.[29]
2005: Purchases two Wichita, KS branches of Overland Park, KS-based Hillcrest Bank.[30]
2006: Opens loan production office in Lee’s Summit, MO.[31]
2007: Merges with Signature Bancshares; two branches in the Kansas City area take the Equity Bank name.
2008: Acquires Ellis State Bank with locations in Hays and Ellis, KS.[32]
2009: Opens two branches in Overland Park, KS.
2011: Acquires four Topeka, KS locations from Citizens Bank & Trust.[33]
2012: Announces merger with First Community Bank of Lee’s Summit, MO.
2015: Acquired First Independence Corporation of Independence, the registered savings and loan holding company for First Federal Savings & Loan of Independence, based in Independence, Kansas.[34]
2016: Acquired Community First Bancshares, Inc. in Harrison, Arkansas.[35]
2017: Acquired Eastman National Bancshares Inc. of Newkirk, OK, and Patriot Bank and its parent company, Cache Holdings Inc. of Tulsa, OK.[36]
References
- ↑ "Elliott looks forward to becoming owner of National Bank of Andover". WBJ.
- ↑ "EQUITY BANCSHARES, INC". UNITED STATES SECURITIES AND EXCHANGE COMMISSION.
- ↑ "Equity Bank raises $6.2M for growth, Hillcrest acquisition". WBJ.
- ↑ "Equity Bank expands Kansas City footprint with bank merger". WBJ.
- ↑ "Equity to merge with Ellis State Bank". WBJ.
- ↑ "Equity Bank finds opportunity in turbulence". WBJ.
- ↑ "Equity Bank completes merger with Missouri's First Community Bank". WBJ.
- ↑ "Equity moves to acquire First Federal".
- ↑ "Money Talk: Kansas bank expands into Arkansas with acquisition of Harrison's Community First Bank". 2016-11-14.
- ↑ "Equity Bank growth spurs naming of new president".
- ↑ "Equity Bancshares, Inc. Will Announce Q1 2016 Results on April 21, 2016". 2016-03-29.
- ↑ "Equity Bank announces 2016 officer promotions".
- ↑ "Work begins on Equity's new Andover branch".
- ↑ "Hillcrest CEO: Terradyne sale pending".
- ↑ "LAW CO. STARTING CONSTRUCTION OF SECOND PHASE OF WATERFRONT PLAZA DEVELOPMENT".
- ↑ "Equity of Kansas to Acquire First Community in Missouri".
- ↑ "Adams Dairy Bank to Merge With Another Entrepreneurial Bank". 2018-01-11.
- ↑ "Equity Bank completes merger with Missouri's First Community Bank". WBJ.
- ↑ "Equity Bank has two acquisitions in the works".
- ↑ "Equity Bancshares, Inc. and First Independence Corporation Complete Merger". 2015-10-13.
- ↑ "Equity Bancshares, Inc. Completes Merger With Community First Bancshares, Inc". 2016-11-10.
- ↑ "Community First Bank becomes first acquisition in Arkansas for Equity Bank". 2016-07-20.
- ↑ "Equity Bank plans to merge with Oklahoma banks".
- ↑ "Mergers with Eastman National Bancshares, Inc. and Cache Holdings, Inc". line feed character in
|title=at position 47 (help) - ↑ "Kansas bank acquires Patriot Bank".
- ↑ "Equity Bancshares to buy banks in Kansas, Missouri".
- ↑ "Billion-dollar bank? Equity Bank says it's ready".
- ↑ "Equity Bancshares Inc (EQBK.O)".
- ↑ "Elliott looks forward to becoming owner of National Bank of Andover".
- ↑ "Hillcrest purchase doubles Equity Bank's business".
- ↑ "Equity Bank readies for KC push".
- ↑ "Federal Reserve Release".
- ↑ "Equity Bank, Lawrence bank cancel merger plans".
- ↑ "Equity Bancshares completes First Independence merger".
- ↑ "Equity Bancshares, Inc. Completes Merger With Community First Bancshares, Inc". 2016-11-10.
- ↑ "Equity Bank moves into Oklahoma with acquisitions".
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