Bank7 Corp. Bids for Controlling Stake in Century Financial Services

Serving as the stalking horse bidder, Bank7 has established the baseline terms and price for the acquisition, though the transaction remains subject to a competitive auction. Other parties may submit higher or better offers, for which Bank7 retains matching rights. Regulatory approvals and final court authorization are required before the deal can close, which the company anticipates will occur in the third quarter of 2026.

Century Bank, founded in 1887, currently operates nine branches in New Mexico and two loan production offices in Texas. As of March 31, 2026, the institution reported $1.35 billion in assets and $1.22 billion in deposits. If completed, the merger will create a combined organization with approximately $3.4 billion in assets, allowing Bank7 to deploy excess capital into a contiguous market while maintaining the Century brand and existing local staff.

Thomas L. Travis, CEO of Bank7, noted that the move aligns with the firm’s focus on serving business owners and entrepreneurs through a relationship-driven model. Keefe, Bruyette & Woods is acting as financial advisor, with legal counsel provided by Nelson Mullins Riley & Scarborough LLP.