Equity Bancshares Inc-A 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedMarch 31,2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ________ to ________Commission File Number001-37624 EQUITY BANCSHARES, INC. (Exact name of registrant as specified in its charter) 72-1532188(I.R.S. EmployerIdentification No.) Kansas(State or other jurisdiction ofincorporation or organization) 7701 East Kellogg Drive,Suite 300Wichita,KS(Address of principal executive offices) Registrant’s telephone number, including area code:316.612.6000 Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered EQBK Class A, Common Stock, par value $0.01 pershare New York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements for the past 90 days.☒Yes☐NoIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorterperiod that the registrant was required to submit such files).☒Yes☐NoIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filerEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition periodfor complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).☐Yes☒No As of April 30, 2025, the registrant had17,515,494shares of Class A common stock, $0.01 par value per share, outstanding. TABLE OF CONTENTS Part IFinancial Information5Item 1.Financial Statements5Consolidated Balance Sheets5Consolidated Statements of Income6Consolidated Statements of Comprehensive Income7Consolidated Statements of Stockholders’ Equity8Consolidated Statements of Cash Flows9Condensed Notes to Interim Consolidated Financial Statements11Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations49Overview51Critical Accounting Policies51Results of Operations52Financial Condition57Liquidity and Capital Resources66Non-GAAP Financial Measures67Item 3.Quantitative and Qualitative Disclosures About Market Risk72Item 4.Controls and Procedures74Part IIOther Information75Item 1.Legal Proceedings75Item 1A.Risk Factors75Item 2.Unregistered Sales of Equity Securities and Use of Proceeds75Item 3.Defaults Upon Senior Securities75Item 4.Mine Safety Disclosures75Item 5.Other Information75Item 6.Exhibits76 Important Notice about Information in this Quarterly Report Unless we state otherwise or the context otherwise requires, references in this Quarterly Report to “we,” “our,” “us,” “theCompany” and “Equity” refer to Equity Bancshares, Inc. and its consolidated subsidiaries, including Equity Bank, which wesometimes refer to as “Equity Bank,” “the Bank” or “our Bank.” 2The information contained in this Quarterly Report is accurate only as of the date of this Quarterly Report on Form 10-Q andas of the dates specified herein. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains “forward-looking statements” within the meaning of Section 27A of theSecurities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended(the “Exchange Act”). These forward-looking statements reflect our current views with respect to, among other things, futureevents and our financial performance. These statements are often, but not always, made through the use of words or phrases suchas “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,”“seek,” “estimate,” “intend,” “plan,” “project,” “forecast,” “goal,” “target,” “would” and “outlook,” or the negative variations ofthose words or other comparable words of a future or forward-looking nature. These forward-looking statements are not historicalfacts, and are based on current expectations, estimates and projections about our industry, management’s beliefs and certainassumptions made by management, many of which, by their nature, are inheren