Equity Bancshares, Inc. (EQBK): Business Model Canvas [Jan-2025 Mise à jour]

Plongez dans le plan stratégique d'Equity Bancshares, Inc. (EQBK), une puissance bancaire régionale dynamique qui transforme les services financiers traditionnels à travers des approches innovantes et des connexions communautaires enracinées profondes. En mélangeant magistralement l'expertise localisée avec des solutions numériques de pointe, cette institution financière du Midwest élabore un modèle commercial unique qui prie les expériences bancaires personnalisées avec la sophistication technologique, créant un récit convaincant d'autonomisation financière pour les entreprises et les individus à travers le Kansas et le Missouri.

Equity Bancshares, Inc. (EQBK) - Modèle commercial: partenariats clés

Banques régionales et institutions financières du Kansas et du Missouri

Equity Bancshares maintient des partenariats stratégiques avec les institutions financières régionales suivantes:

Institution partenaire	Emplacement	Focus de partenariat
Banque de commerce	Kansas City, MO	Syndication de prêt
UMB Financial Corporation	Kansas City, MO	Services bancaires d'entreprise
Banque intrustante	Wichita, KS	Réseau de prêts commerciaux

Associations commerciales locales et chambres de commerce

Equity Bancshares collabore activement avec les réseaux commerciaux régionaux:

• Chambre de commerce de Kansas City
• Conseil de développement économique du Grand Kansas City
• Association des banquiers du Missouri
• Association des banquiers du Kansas

Fournisseurs de services technologiques pour les solutions bancaires numériques

Partenaire technologique	Services fournis	Année de mise en œuvre
Finerv	Plateforme bancaire de base	2021
Jack Henry & Associés	Infrastructure bancaire numérique	2022
Salesforce	Gestion de la relation client	2023

Partenaires de réseau hypothécaire et de prêt

Les partenariats de prêt comprennent:

• Taux garanti
• Hypothèque de mouvement
• Prêts à la maison de calibre

Entreprises de gestion de patrimoine et d'investissement

Partenaire d'investissement	Type de collaboration	Actifs sous gestion
Raymond James	Réseau de référence d'investissement	842 millions de dollars
Edward Jones	Services de gestion de la patrimoine	1,2 milliard de dollars
Conseillers de Wells Fargo	Planification financière	673 millions de dollars

Equity Bancshares, Inc. (EQBK) - Modèle d'entreprise: Activités clés

Services bancaires commerciaux et de détail

Au quatrième trimestre 2023, Equity Bancshares a déclaré un actif total de 4,2 milliards de dollars. La banque exploite 76 emplacements bancaires à travers le Kansas et le Missouri.

Catégorie de service bancaire	Volume total (2023)
Prêts commerciaux	2,87 milliards de dollars
Comptes bancaires de détail	127 500 comptes actifs
Dépôts totaux	3,65 milliards de dollars

Prêts et soutien aux petites entreprises

Equity Bancshares se concentre sur les prêts commerciaux de petite à moyenne taille sur les marchés régionaux.

• Portfolio de prêts aux petites entreprises: 624 millions de dollars
• Taille moyenne des prêts aux petites entreprises: 287 000 $
• Nombre de clients de petites entreprises: 4 200

Gestion des produits de dépôt et d'investissement

Type de produit	Valeur totale	Nombre de comptes
Comptes chèques	1,42 milliard de dollars	89,300
Comptes d'épargne	612 millions de dollars	42,100
Produits d'investissement	276 millions de dollars	7,500

Développement de la plate-forme bancaire numérique

Investissements et capacités de la banque numérique à partir de 2023:

• Utilisateurs de la banque mobile: 68 500
• Transactions bancaires en ligne: 3,2 millions par trimestre
• Investissement de plate-forme numérique: 8,7 millions de dollars en 2023

Stratégies de fusion et d'acquisition

Détails récents d'activité de fusions et acquisitions et d'extension régionale:

Année	Transaction	Valeur de transaction
2022	Acquisition de la Banque de Kansas City	287 millions de dollars
2023	Expansion régionale des succursales	42 millions de dollars

Equity Bancshares, Inc. (EQBK) - Modèle commercial: Ressources clés

Strait réseau bancaire régional dans le Midwest des États-Unis

Depuis le quatrième trimestre 2023, Equity Bancshares exploite 86 emplacements bancaires à travers le Kansas, le Missouri et l'Oklahoma. Actif total au 31 décembre 2023: 5,2 milliards de dollars.

Région	Nombre de branches	Présence totale du marché
Kansas	42	Marché primaire
Missouri	28	Marché secondaire
Oklahoma	16	Marché en expansion

Équipe de gestion expérimentée

Équipe de direction avec une expérience bancaire moyenne de 22 ans.

• Brad S. Elliott - président-directeur général (27 ans d'expérience bancaire)
• Gregory D. Kossmann - directeur financier (19 ans d'expérience bancaire)
• Dennis K. Weisman - chef de l'exploitation (25 ans d'expérience bancaire)

Infrastructure de technologie bancaire numérique

Investissement technologique en 2023: 14,2 millions de dollars. Supports de la plate-forme bancaire numérique 97 000 utilisateurs bancaires en ligne actifs.

Service numérique	Taux d'adoption des utilisateurs
Banque mobile	68%
Payage des factures en ligne	52%
Dépôt de chèques mobiles	61%

Capital financier et base d'actifs

Mesures financières au 31 décembre 2023:

• Actif total: 5,2 milliards de dollars
• Dépôts totaux: 4,3 milliards de dollars
• Présentation des actionnaires: 521 millions de dollars
• Ratio de capital de niveau 1: 12,4%

Systèmes de gestion de la relation client

Prise en charge de la plate-forme CRM Gestion complète des données des clients pour 182 000 comptes clients.

Segment de clientèle	Nombre de comptes
Banque personnelle	124,000
Banque d'affaires	58,000

Equity Bancshares, Inc. (EQBK) - Modèle d'entreprise: propositions de valeur

Solutions bancaires personnalisées pour les entreprises et les particuliers locaux

Au quatrième trimestre 2023, Equity Bancshares fournit des services bancaires sur 44 emplacements au Kansas et au Missouri, desservant 95 000 comptes clients avec un actif total de 4,8 milliards de dollars.

Segment de clientèle	Comptes totaux	Valeur moyenne du compte
Petites entreprises	38,000	$215,000
Clients individuels	57,000	$87,500

Taux d'intérêt concurrentiels et produits financiers

Offres de taux d'intérêt actuels en janvier 2024:

• Vérification des entreprises: 2,15% apy
• Économies personnelles: 1,85% apy
• Prêts commerciaux: à partir de 6,25%
• Prêts immobiliers commerciaux: 5,90%

Processus de prêt rapides et efficaces

Métriques de performance de prêt pour 2023:

Type de prêt	Temps d'approbation	Volume total des prêts
Prêts aux petites entreprises	3-5 jours ouvrables	612 millions de dollars
Prêts commerciaux	7-10 jours ouvrables	1,2 milliard de dollars

Service client localisé

Statistiques de l'engagement communautaire pour 2023:

• Investissements communautaires locaux: 8,3 millions de dollars
• Dons de bienfaisance locaux: 1,2 million de dollars
• Événements communautaires parrainés: 87

Expériences bancaires numériques et traditionnelles intégrées

Taux d'adoption des banques numériques pour 2023:

Service numérique	Pourcentage d'utilisateur	Transactions annuelles
Banque mobile	68%	4,2 millions
Banque en ligne	82%	6,7 millions

Equity Bancshares, Inc. (EQBK) - Modèle d'entreprise: relations clients

Approche bancaire des relations personnelles

Depuis le quatrième trimestre 2023, Equity Bancshares maintient 47 emplacements bancaires à service complet à travers le Kansas et le Missouri, en se concentrant sur les interactions client personnalisées.

Segment de clientèle	Niveau de personnalisation	Interaction annuelle moyenne
Banque personnelle	Touche élevée	8-12 interactions / an
Banque d'affaires	Support dédié	15-20 interactions / an

Gestionnaires de relations dédiés pour les clients commerciaux

En 2023, Equity Bancshares a employé 32 gestionnaires de relations commerciales spécialisées au service des clients de mi-marché et commerciaux.

• Taille moyenne du portefeuille: 35-40 clients commerciaux par gestionnaire
• Valeur médiane de la relation client: 2,4 millions de dollars
• Tenure relationnelle moyenne: 6,3 ans

Support client multicanal

En décembre 2023, Equity Bancshares offre un support multicanal complet:

Canal	Utilisateurs actifs mensuels	Volume de transaction
Banque en ligne	48 375 utilisateurs	612 000 transactions mensuelles
Banque mobile	39 240 utilisateurs	524 000 transactions mensuelles
Bancaire en personne	22 500 visites de succursales	187 000 transactions mensuelles

Engagement communautaire et parrainages d'événements locaux

En 2023, Equity Bancshares a investi 1,2 million de dollars dans des parrainages communautaires locaux à travers le Kansas et le Missouri.

• Nombre d'événements locaux parrainés: 87
• Organisations communautaires soutenues: 42
• Total des heures de fiançailles communautaires: 3,650

Services de conseil financier sur mesure

Equity Bancshares fournit des services de conseil financier spécialisés avec les mesures suivantes pour 2023:

Type de service consultatif	Nombre de clients	Frais de conseil moyen
Gestion de la richesse	1 875 clients	0,85% des actifs gérés
Planification financière des entreprises	620 clients commerciaux	Frais de conseil annuels de 4 200 $
Planification de la retraite	2 340 clients individuels	Frais de conseil annuels de 2 800 $

Equity Bancshares, Inc. (EQBK) - Modèle d'entreprise: canaux

Réseau de succursale physique au Kansas et au Missouri

Depuis 2024, Equity Bancshares opère 44 lieux bancaires à travers le Kansas et le Missouri. La distribution des succursales est la suivante:

État	Nombre de branches
Kansas	32
Missouri	12

Plateforme bancaire en ligne

Equity Bancshares fournit une plate-forme bancaire en ligne complète avec les fonctionnalités suivantes:

• Gestion des comptes
• Transferts de fonds
• Services de paiement de factures
• Dispositions électroniques
• Historique des transactions

Application bancaire mobile

L'application mobile de la banque propose:

• Dépôt de chèques mobiles
• Alertes de compte en temps réel
• Caractéristiques de contrôle de la carte
• Connexion biométrique

Services bancaires téléphoniques

La banque téléphonique fournit un support client 24/7 avec Services d'agent automatisés et en direct. Le temps moyen de réponse des appels est 2,5 minutes.

Réseau ATM et partenariats

Equity Bancshares maintient:

• 38 emplacements de GAM propriétaires
• Partenariat avec Réseau AllPoint donner accès à plus de 55 000 distributeurs automatiques de billets à l'échelle nationale

Type de guichet automatique	Nombre	Transactions sans frais
MAT propriétaires	38	Illimité
Réseau AllPoint	55,000+	Jusqu'à 8 par mois

Equity Bancshares, Inc. (EQBK) - Modèle d'entreprise: segments de clientèle

Petites et moyennes entreprises

Depuis le quatrième trimestre 2023, Equity Bancshares dessert 4 237 clients commerciaux de petite à moyenne taille du Kansas et du Missouri.

Segment d'entreprise	Nombre de clients	Taille moyenne du prêt
Services professionnels	1,124	$385,000
Commerces de détail	876	$275,000
Fabrication	612	$525,000
Entreprises technologiques	345	$450,000

Entreprises commerciales locales

Total des clients commerciaux commerciaux: 2 156 en décembre 2023.

• Prêts immobiliers commerciaux: 412,6 millions de dollars
• Portfolio de prêts commerciaux et industriels: 287,3 millions de dollars
• Valeur de la relation client commerciale moyenne: 1,2 million de dollars

Clients bancaires de détail individuels

Total des clients bancaires au détail: 87 543 en décembre 2023.

Type de client	Nombre de comptes	Solde moyen du compte
Comptes chèques	52,314	$8,750
Comptes d'épargne	35,229	$15,600

Individus à haute nette

Segment de clients à haute teneur en naissance: 1 247 clients avec un actif total sous gestion de 486,3 millions de dollars.

• Valeur du portefeuille individuel moyen: 390 000 $
• Clients des services de gestion de patrimoine: 892
• Clients bancaires privés: 355

Clients de la communauté agricole et agricole

Clients agricoles totaux: 1 879 en décembre 2023.

Segment agricole	Nombre de clients	Prêts agricoles totaux
Agriculture des cultures	1,024	214,5 millions de dollars
Élevage	512	98,7 millions de dollars
Agro-industrie	343	76,2 millions de dollars

Equity Bancshares, Inc. (EQBK) - Modèle d'entreprise: Structure des coûts

Frais de fonctionnement et de maintenance de la succursale

Au quatrième trimestre 2023, Equity Bancshares a déclaré des dépenses totales liées à la succursale de 24,3 millions de dollars par an. La ventilation comprend:

Catégorie de dépenses	Coût annuel
Frais de location et de location	8,7 millions de dollars
Services publics	3,2 millions de dollars
Entretien et réparations	5,6 millions de dollars
Services de sécurité	2,8 millions de dollars
Autres coûts opérationnels	4 millions de dollars

Investissements technologiques et infrastructures numériques

Les dépenses technologiques pour 2023 ont totalisé 17,5 millions de dollars, avec l'allocation suivante:

• Systèmes bancaires principaux: 6,2 millions de dollars
• Infrastructure de cybersécurité: 4,3 millions de dollars
• Plateformes bancaires numériques: 3,9 millions de dollars
• Soutien et maintenance informatiques: 3,1 millions de dollars

Salaires et avantages sociaux des employés

Les dépenses totales liées au personnel pour 2023 étaient de 92,4 millions de dollars, structurées comme suit:

Catégorie de compensation	Coût annuel
Salaires de base	68,3 millions de dollars
Bonus de performance	12,6 millions de dollars
Prestations de santé et de retraite	11,5 millions de dollars

Coûts de conformité réglementaire

Les dépenses de conformité pour 2023 ont atteint 9,2 millions de dollars, y compris:

• Frais juridiques et de conseil: 4,5 millions de dollars
• Systèmes de rapports réglementaires: 2,7 millions de dollars
• Formation en conformité: 2 millions de dollars

Frais de marketing et d'acquisition des clients

Le budget marketing de 2023 était de 6,8 millions de dollars, distribué à travers:

• Marketing numérique: 2,9 millions de dollars
• Publicité médiatique traditionnelle: 1,6 million de dollars
• Campagnes d'acquisition des clients: 2,3 millions de dollars

Equity Bancshares, Inc. (EQBK) - Modèle d'entreprise: Strots de revenus

Revenu des intérêts des prêts et des produits de crédit

Au troisième trimestre 2023, Equity Bancshares a déclaré un revenu total d'intérêts de 116,9 millions de dollars. La rupture des revenus des intérêts du prêt comprend:

Catégorie de prêt	Revenu des intérêts ($ m)
Prêts commerciaux	68.4
Prêts immobiliers	42.7
Prêts à la consommation	5.8

Services bancaires basés sur les frais

Le revenu des frais pour les bancshares de capitaux propres en 2023 a totalisé 27,3 millions de dollars, avec la ventilation du service suivante:

• Frais de maintenance du compte: 8,6 millions de dollars
• Frais de transaction: 12,4 millions de dollars
• Frais de carte ATM et de débit: 6,3 millions de dollars

Commissions d'investissement et de gestion de la patrimoine

Les services d'investissement ont généré 14,2 millions de dollars en commissions en 2023, avec des segments clés:

Service d'investissement	Revenus de commission ($ m)
Avis de gestion de la patrimoine	9.6
Services de courtage	4.6

Frais d'origine hypothécaire

Les revenus liés aux hypothèques en 2023 étaient de 22,1 millions de dollars, avec la segmentation suivante:

• Origination hypothécaire résidentielle: 15,7 millions de dollars
• Frais d'hypothèque commerciaux: 6,4 millions de dollars

Frais de service de gestion du Trésor

Les services de gestion du Trésor ont contribué à 11,8 millions de dollars de revenus pour 2023:

Service du Trésor	Revenus ($ m)
Gestion des espèces	6.3
Traitement des paiements	5.5

Equity Bancshares, Inc. (EQBK) - Canvas Business Model: Value Propositions

You're looking at the core reasons why clients choose Equity Bancshares, Inc. over the competition. It's a deliberate mix of local service and institutional capability.

High-touch, relationship-based community banking service is central to the Equity Bancshares, Inc. offering. This isn't just a slogan; it's how they operate, delivering the traditional hometown feel of a community bank alongside their financial solutions. This approach is designed to build lasting client relationships across their operating areas.

The firm pairs that community focus with sophisticated commercial and treasury management solutions. They aim to provide the best of both worlds: customized, professional tools that you'd expect from a larger institution, delivered with a personal touch. This is key for their commercial clients who need more than just a basic checking account.

The loan book itself reflects a strategic focus on business and property lending. The Value Proposition here is a diversified loan portfolio, structured around key asset classes. As per the strategic framework, this breakdown includes:

• 51% Commercial Real Estate (CRE)
• 21% Commercial & Industrial (C&I)

To give you a sense of scale as of the third quarter of 2025, the total loan balance stood at $4.3B, supporting total assets of $6.4B. It's worth noting that as of December 31, 2024, commercial loans already represented over 71.1% of the total loan portfolio.

Geographic convenience is another pillar of the value proposition. Equity Bancshares, Inc. offers this service across four states, ensuring accessibility for their relationship-focused model. You find their presence in:

• Kansas
• Missouri
• Oklahoma
• Arkansas

The physical footprint has grown through strategic M&A activity. As of December 31, 2024, they operated 71 branches. Following the July 2, 2025, merger with NBC Oklahoma, presentations reference a network of 74 bank locations throughout these four states.

Here's a quick snapshot of the balance sheet scale supporting these value propositions as of Q3 2025:

Metric	Amount (Q3 2025)
Total Assets	$6.4B
Total Loans	$4.3B
Total Deposits	$5.1B
Market Capitalization	$778M
Tangible Book Value Per Share (TBVPS)	$31.69

The firm's core deposit franchise is strong, with total deposits at $5.1B as of Q3 2025. This stable funding base helps support the commercial lending focus that defines much of their value delivery.

Equity Bancshares, Inc. (EQBK) - Canvas Business Model: Customer Relationships

You're building a community bank model in a world that's rapidly digitizing, so your customer relationships have to work harder to justify the physical footprint. Equity Bancshares, Inc. (EQBK) leans heavily on its relationship-based model as a core differentiator against larger national players.

Dedicated commercial bankers for business clients

The engine of the relationship model at Equity Bancshares, Inc. is the dedicated banker assigned to commercial clients. This focus is clear in the loan portfolio composition; as of December 31, 2024, commercial loans represented over 71.1% of its total loan portfolio. This concentration means the bankers are deeply embedded in the business community.

The execution of this strategy is visible in recent performance metrics. For the third quarter of 2025, loan production hit $243 million, up 23% linked-quarter, which management attributes to growing relationships and deepening wallet share across the banker network. This active production pipeline, which stood at $475 million as of the end of Q3 2025, shows the direct output of these dedicated relationships.

Relationship-based model, a key community bank differentiator

Equity Bancshares, Inc. explicitly positions itself as delivering the high-quality, relationship-based customer service of a community bank, while offering sophisticated solutions. This strategy is supported by a physical presence that has grown through acquisitions, such as the recent merger with NBC, which added a new metro presence in Oklahoma City. The company's footprint includes 74 bank locations across Kansas, Missouri, Oklahoma, and Arkansas as of late 2025, with metropolitan offices in Kansas City and Tulsa.

This physical network supports the relationship focus, contrasting with purely digital competitors. The company's strategy is to provide customized service with a traditional hometown feel. The strength of this approach is reflected in the deposit franchise, where non-interest-bearing accounts closed Q3 2025 at 22.52% of total deposits, indicating sticky, low-cost operational deposits often tied to business relationships.

Digital self-service for routine transactions (mobile/online)

While the core is relationship-driven, Equity Bancshares, Inc. must support routine needs digitally. The bank offers a Client Portal for Trust & Wealth services and enrollment for Personal and Business Banking. While specific internal adoption rates for Equity Bank's digital channels aren't always public, the broader context shows the shift: nationally, 34% of consumers use a mobile banking app daily in 2025, and 77 percent of consumers prefer managing accounts via mobile app or computer. The bank's digital offering must meet this baseline expectation for efficiency.

Proactive customer service via branch staff

Proactive service is the human element layered onto the physical structure. The growth in employee count from 19 to 810 full-time equivalent employees as of December 31, 2024, supports the expanded service capabilities across the growing branch network. The branch staff are the frontline for deepening relationships and cross-selling the full range of financial solutions, which include commercial loans, consumer banking, mortgage loans, and treasury management services.

Here's a look at the scale of the physical relationship network supporting this service:

Metric	Value (Latest Available)	Date/Context
Total Bank Locations	74	Late 2025 / Q3 2025 Materials
States Served	4 (AR, KS, MO, OK)	Late 2025
Commercial Loan Portfolio Share	71.1%	December 31, 2024
Q3 2025 Loan Production	$243 million	Q3 2025

The bank's strategy is to maintain this high-touch service while integrating growth from acquisitions, like the one that added a metro presence in Oklahoma City. They are definitely balancing the physical touch with the necessary digital tools.

Finance: finalize the Q4 2025 budget allocation for relationship management training by end of month.

Equity Bancshares, Inc. (EQBK) - Canvas Business Model: Channels

You're looking at how Equity Bancshares, Inc. gets its value proposition-that blend of community bank service with sophisticated solutions-out to its customers. It's a mix of boots-on-the-ground presence and digital reach, which makes sense given their growth strategy.

The physical footprint is substantial, especially after recent expansion. As of mid-2025, following the NBC Corp. of Oklahoma acquisition, Equity Bancshares, Inc. operates a network of approximately 82 physical bank locations across Kansas, Missouri, Arkansas, and Oklahoma. This physical network supports their relationship-focused community banking model, which is key for their commercial clients.

But they aren't just relying on branches. The digital side is critical for scale and efficiency. This includes their online and mobile banking platforms, which support the core customer base, plus the fully-online offering, Brilliant Bank, which serves customers nationwide. The shift toward digital is definitely visible in the deposit mix; as of March 31, 2025, non-interest-bearing accounts, often indicative of transaction activity through digital channels, comprised approximately 21.6% of total deposits.

For 24/7 access, the infrastructure includes ITMs (Interactive Teller Machines) and ATMs, though I don't have the exact count of those specific machines for late 2025. Still, the digital platforms and physical presence work together to ensure service availability.

For the commercial side, which is a major focus, the direct sales force is crucial. These relationship managers drive the commercial lending business. To give you a sense of the scale of that business being driven through these channels, Commercial and Industrial loans represented 21% of total loans as of the second quarter of 2025.

Here's a quick look at the scale of the operation supporting these channels as of the proforma figures after the July 2025 acquisition:

Channel Component	Metric / Data Point	Latest Reported Value (2025)
Physical Footprint	Number of Bank Locations	82
Geographic Reach	States of Operation	Kansas, Missouri, Arkansas, Oklahoma
Digital Reach	Fully-Online Bank Name	Brilliant Bank
Digital Adoption Proxy	Non-Interest Bearing Deposits (% of Total Deposits, Q1 2025)	21.6%
Commercial Focus Proxy	Commercial & Industrial Loans (% of Total Loans, Q2 2025)	21%
Overall Scale	Proforma Consolidated Assets (Post-NBC Merger)	$6.4 billion

If onboarding for new commercial clients through the direct sales force is taking longer than the typical 14-day cycle, churn risk rises, especially with the competition out there.

Finance: draft the Q3 2025 cash flow impact analysis from the NBC integration by next Tuesday.

Equity Bancshares, Inc. (EQBK) - Canvas Business Model: Customer Segments

Small to mid-sized businesses and business owners

This segment is central to Equity Bancshares, Inc.'s lending activity, evidenced by the overall loan portfolio size and recent production metrics. Loan production increased by 23% linked-quarter, with originations at an average rate of 7.14% for the period ending September 30, 2025. The total loans held for investment stood at $4.3 billion as of the end of the third quarter of 2025. The acquisition of NBC Corp. of Oklahoma added $664.6 million in loan balances during the quarter. The loan-to-deposit ratio closed the period at 80.0% as of December 31, 2024.

Commercial real estate investors and developers

This group is embedded within the commercial lending focus. The addition of the NBC loan portfolio brought $7 million in new non-accrual relationships and $16.7 million in classified assets as of September 30, 2025.

Metric	Amount (as of Q3 2025)
Total Loans Held for Investment	$4.3 billion
Average Loan Balances for Q3 2025	$4.2 billion
NBC Acquisition Loan Contribution	$664.6 million
Loan Production Increase (Linked Quarter)	23%

Mass-market retail consumers and households

The retail consumer base is served through Equity Bank and the digital-focused EQ Bank. Total deposits for Equity Bancshares, Inc. were reported at $4.4 billion as of the end of the first quarter of 2025. The EQ Bank platform is a key growth area for this segment.

• EQ Bank customers reached 586,000 as of the third quarter of 2025.
• EQ Bank deposits marked among the strongest quarter-over-quarter growth in the last three years, reaching $9.7 billion in the third quarter of 2025.
• Non-interest-bearing accounts comprised approximately 21.6% of total deposits at the end of the first quarter of 2025.

Affluent individuals utilizing trust and wealth management

Services for affluent clients contribute to the non-interest income stream. The increase in non-interest income for the third quarter of 2025 was driven by improvement in customer service charge line items, which included revenue from trust and wealth management services, as the company integrated the NBC Oklahoma franchise.

Equity Bancshares, Inc. (EQBK) - Canvas Business Model: Cost Structure

You're looking at the core expenses Equity Bancshares, Inc. incurs to run its operations as of late 2025, especially following the NBC Oklahoma merger. The cost structure is heavily influenced by funding costs and the operational overhead of a growing, acquiring bank.

Interest expense on deposits and borrowings is a primary cost driver. For the third quarter of 2025, the cost of total deposits stood at 1.98%, reflecting the liabilities assumed, including those from the NBC acquisition. To be more specific about the interest-bearing portion, the cost of interest-bearing deposits was 2.58% for the same period, showing the rate paid on the funding base. This is set against a Net Interest Income of $62.5 million for Q3 2025.

Total non-interest expense for the third quarter of 2025 was reported at $49.1 million, a sequential increase from $40.0 million in the prior quarter. However, when adjusted for certain items, the figure you are tracking for the cost structure analysis is $42.9 million for Q3 2025. The difference between the reported and adjusted figure is largely explained by one-time integration and portfolio charges.

Here's a quick look at the components driving the difference between the reported and adjusted non-interest expense for Q3 2025:

Cost Component	Amount (Q3 2025)
Reported Total Non-interest Expense	$49.1 million
Less: Merger Expense (M&A Integration)	$6.2 million
Less: Loss on Other Real Estate Owned (OREO)	$797 thousand
Less: Expense related to NBC Addition (Non-merger)	$2.1 million
Implied Adjusted Non-interest Expense (Before other adjustments)	$39.903 million

The M&A integration costs are a clear component of the cost structure during this period. Specifically, the increase in non-interest expense was driven by $6.2 million in merger expense associated with closing and integrating NBC Corp of Oklahoma.

Personnel costs for branch and corporate staff are embedded within the total non-interest expense. While we don't have the exact Q3 2025 figure for personnel alone, we know that noninterest expenses in Q1 2025 increased to $39 million due to payroll dynamics and accruals. Given the expansion from the NBC merger, you'd expect this line item to be significantly higher than prior periods, reflecting the added branch and corporate staff.

Technology upgrade expenses are typically bundled into M&A integration costs or general operating expenses. The integration of NBC, which involved system conversions at the end of August 2025, certainly involved significant technology spend. You should look for specific technology capitalization or amortization schedules in the full financial filings, as these are often treated separately from immediate, expensed merger costs.

• Personnel costs are a major, ongoing component of the non-interest base.
• Merger expense of $6.2 million was a significant one-time drag in Q3 2025.
• The cost of total deposits was 1.98% for the quarter.
• The company is managing costs, as the efficiency ratio improved to 58.31% in Q3 2025 from 63.62% in Q2 2025.

Finance: draft 13-week cash view by Friday.

Equity Bancshares, Inc. (EQBK) - Canvas Business Model: Revenue Streams

You're looking at the core ways Equity Bancshares, Inc. brings in money as of late 2025, focusing on the numbers from the third quarter of 2025, which was a period of significant transformation following the NBC Oklahoma merger.

The primary engine for Equity Bancshares, Inc. remains the spread between what it earns on its assets and what it pays out on its liabilities. This is the Net Interest Income (NII).

For the third quarter of 2025, Equity Bancshares, Inc. reported NII of $62.5 million. This was a notable increase, up $12.7 million from the previous quarter, driven by the addition of earning assets from the NBC merger which closed on July 2, 2025. The Net Interest Margin (NIM) for the period expanded to 4.45%.

Interest income, the top-line component of NII, is generated across the loan portfolio. While the exact breakdown isn't itemized in the latest reports for the specific sub-categories you mentioned, the total gross loan balances closed the third quarter of 2025 at $4.3 billion. This portfolio is the source of interest earnings from:

• Interest income from commercial loans.
• Interest income from residential loans.
• Interest income from consumer loans.

The secondary, but still important, revenue component is Non-interest income. For Q3 2025, total non-interest income was $8.9 million, excluding the impact of the investment securities repositioning. This figure reflects growth of $300,000 from the prior quarter. This income is derived from various fee-based services:

Here's a quick look at the reported revenue components for Q3 2025:

Revenue Component	Q3 2025 Amount
Net Interest Income (NII)	$62.5 million
Total Non-Interest Income (Excluding Securities Impact)	$8.9 million
Total Reported Revenue	$71.4 million

The non-interest income growth was driven by several fee sources, including:

• Service charges.
• Debit/credit card fees.
• Trust and wealth management fees.
• Increases associated with the integration of the NBC franchise lines.

The focus for management is on realizing the benefits from the recent asset repositioning and the NBC acquisition, which should enhance future NII, while fee income provides a stable, albeit smaller, stream of revenue.