Equity Bancshares, Inc. (NYSE:EQBK) Q3 2023 Earnings Conference Call October 18, 2023 10:00 AM ET Company Participants Brian Katzfey - Director of IR Brad Elliott - Founder, Chairman & CEO Chris Navratil - EVP & CFO Krzysztof Slupkowski - Chief Credit Officer Richard Sems - President, Equity Bank Conference Call Participants Terence McEvoy - Stephens Jeff Rulis - D.A. Davidson Andrew Liesch - Piper Sandler Damon DelMonte - KBW Operator Good day, and thank you for standing by. Welcome to the Q3 2023 Equity B ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-37624 EQUITY BANCSHARES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incor ...

Financial Data and Key Metrics Changes - The company reported net income of $11.5 million, or $0.74 per diluted share, with a repositioning of $51 million from the investment portfolio resulting in a pre-tax income reduction of $1.3 million [15][16] - Non-interest income was $8.3 million, down $300,000 from the previous quarter, but improved by approximately $500,000 when excluding one-time items [16] - Net interest income totaled $39.4 million, up $318,000 from the first quarter, driven by an increase in average earning assets [27] Business Line Data and Key Metrics Changes - Total loan originations in the second quarter were $153 million with a weighted average coupon of 7.8%, compared to $143 million in the first quarter [24] - The yield on the loan portfolio increased by 40 basis points to 6.34% [26] - Non-owner-occupied office loans represent only 2.7% of the total loan portfolio, with an average loan-to-value ratio of 47% [21] Market Data and Key Metrics Changes - Non-performing assets as a percentage of total assets hit the lowest level since the company went public in 2015 [20] - The unemployment rates in Kansas City and Wichita are favorable at 3.5% and 3% respectively, contributing to a stable economic environment [21] Company Strategy and Development Direction - The company aims to efficiently grow core earnings through increasing operating leverage and prudent underwriting while exploring selective and opportunistic M&A [35] - The new President, Ric Sems, emphasizes leveraging existing relationships to drive organic growth and improve customer experience [30] Management's Comments on Operating Environment and Future Outlook - Management noted that asset quality metrics are the best they have ever been, with limited exposure to commercial office concerns [33] - The company is optimistic about loan growth in the second half of the year, driven by strong demand and a solid deposit franchise [41] Other Important Information - The company has recently augmented its leadership team, hiring a new Chief Human Resource Officer and Chief Information Officer [34] - The trust and wealth management team has seen a 21% growth in assets under management year-to-date [32] Q&A Session Summary Question: Loan growth guidance for the second half of the year - Management sees potential for an uptick in loan demand as borrowers adjust to the new rate environment, particularly in the Tulsa market [39][41] Question: Concerns regarding the commercial real estate portfolio - Management indicated that they are not seeing weaknesses in the portfolio and that real estate credits have strong cash levels going into projects [50][55] Question: Margin guidance and deposit betas - The company models a terminal beta of 40% over the next 12 months, with expectations for NIM expansion if the Fed moves [56][72] Question: M&A activity outlook - Management is optimistic about M&A opportunities, noting active conversations with institutions and the potential for deals to be announced in the current year [80][82]

July 19, 2023 ✓Opened branches in Lees Summit & Overland Park, Kansas ✓Launched Equity Trust & Wealth Management Start-Up: 2002 - 2007 Scale: 2017-2023 Robust Funding Capacity, Anchored by a Diverse, Low-Cost Deposit Base Exhibit 99.2 This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect the current views of the management ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-37624 EQUITY BANCSHARES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of inco ...

Equity Bancshares, Inc. (NYSE:EQBK) Q1 2023 Earnings Conference Call April 19, 2023 10:00 AM ET Company Participants Chris Navratil - Investor Relations Brad Elliott - Founder, Chairman and Chief Executive Officer Eric Newell - Executive Vice President and Chief Financial Officer John Creech - Chief Credit Officer Craig Anderson - Executive Vice President and President-Equity Bank Conference Call Participants Jeff Rulis - D.A. Davidson Andrew Liesch - Piper Sandler Damon DelMonte - KBW Terry McEvoy - Stephe ...

Exhibit 99.2 4/19/2023 amended. These forward-looking statements reflect the current views of the management of Equity Bancshares, Inc. ("Equity", "we", "us", "our, "company") with respect to, among other things, future events and Equity's financial performance. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," or other comparable words of a future or forward-looking nature. These forward-looking statemen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37624 EQUITY BANCSHARES, INC. (Exact name of registrant as specified in its charter) | Kansas 72-1532188 | | --- | | (State or other jurisdictio ...

Equity Bancshares Inc. (NYSE:EQBK) Q4 2022 Earnings Conference Call January 26, 2023 10:00 AM ET Company Participants Chris Navratil - Investor Relations Brad Elliott - Founder, Chairman and Chief Executive Officer Eric Newell - Executive Vice President and Chief Financial Officer John Creech - Chief Credit Officer Craig Anderson - Executive Vice President and President-Equity Bank Conference Call Participants Jeff Rulis - D.A. Davidson Andrew Liesch - Piper Sandler Damon DelMonte - KBW Terry McEvoy - Steph ...

Q4'22 Outlook FY'23 Outlook = Focus on continued balance sheet strength and security while continuing to pursue growth. 19 Non-GAAP Financial Measures (Unaudited) ROATCE and Efficiency Ratio 23 (Dollars in thousands, except per share data) Add: income tax provision Total average assets 0.82% 5.87% EQUITY BANCSHARES, INC. Retum on average assets (ROAA) annualized PTPP ROAA PTPP ROAE (16) (2,125) 5 8,325 _ $ $ investor.equitybank.com | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------|---- ...