Equity Bank Expands Kansas Footprint, Acquires KansasLand Bank

Equity Bank will merge with KansasLand Bank, expanding its Kansas footprint to western and central regions of the state. Photo credit: Google Maps

Posted April 25, 2024

Equity Bank announced it will merge with another Kansas-based bank, KansasLand Bank, adding two locations to Equity Bank’s network in the state.

Wichita-based Equity Bancshares, Inc. entered a definitive merger agreement with KansasLand Bancshares Inc., the bank announced in a release Monday. Established in 1902, KansasLand Bank operates two locations in Quinter and Americus.

“These regions of Kansas are important to our state and offer excellent opportunities for Equity to continue to enact our mission,” Brad Elliott, Equity Chairman & CEO said. “This merger underscores our commitment to serving communities across the state, providing people with access to financial services and fostering economic growth.”

KansasLand Bank had $55 million in consolidated total assets and $43 million in total deposits as of December 31, 2023, according to the release.

This acquisition follows a string of mergers facilitating growth for Equity Bank. In December, Equity Bank announced its acquisition of Rockhold Bancorp, adding $406 million in consolidated total assets and creating a new regional leadership position. That acquisition was officially completed in February.

A pro forma Equity Bank, including two KansasLand locations, will operate 73 bank locations, including 38 offices in Kansas, and $5.3 billion in total assets, according to the release.