Bank7 wins auction for 71% stake in Century Financial Services for $91 million
BSVN•Century Bank financials and combined size
Century Bank reported $1.36 billion in assets, $1.23 billion in deposits, and $845 million in gross loans as of June 30, 2026.
The combined organization is expected to have about $3.4 billion in total assets upon completion.
Bank7 wins court-supervised auction for Century stake
Bank7 agreed to buy about 71% of Century Financial Services, parent of Century Bank, after winning a court-supervised auction.
Purchase price was set at $91 million, including a roughly $2 million break-up credit, implying about $89 million net cash.
Closing is targeted for the fourth quarter, subject to required bank regulatory approvals and customary closing conditions.
