Equity Bancshares, Inc. Reports Net Charge Offs for Three Months Ended December 31, 2019
January 24, 2020 at 03:00 am IST
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Equity Bancshares, Inc. reported net charge offs for three months ended December 31, 2019. For the quarter, the company had net charge-offs of $6.7 million, of which $5.0 million was related to the credit relationship for which it provisioned $14.5 million during the first quarter of 2019, as compared to net charge-offs of $307,000 for the same period in 2018.
Equity Bancshares, Inc. is a bank holding company for Equity Bank (the Bank). The Bank provides a range of financial services primarily to businesses and business owners as well as individuals through its network of approximately 82 branches located in Arkansas, Kansas, Missouri and Oklahoma. The Bankâs operations involve the delivery of loan and deposit products to its customers. It offers commercial banking products and other services, including lending activities, deposit products, and other products and services. The Bank offers a suite of online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay. Its commercial treasury management services include balance reporting, transfers between accounts, wire transfer initiation, automated clearing house (ACH) origination and stop payments.
EQUITY BANCSHARES, INC. 
