Financial Data and Key Metrics Changes - The company reported net income of $10.5 million or $0.61 per diluted share for Q4 2021, with a decrease in net interest income to $37.2 million from $39 million in the linked quarter [8][16] - The allowance for credit losses (ACL) coverage to non-PPP loans decreased to 1.55% from 2.04% in the previous quarter, driven by specific analyzed loans [11][15] - Net charge-offs are expected to be between 5 to 10 basis points for the upcoming year, indicating a stable outlook for asset quality [28][29] Business Line Data and Key Metrics Changes - The company successfully executed a second round of the PPP program, adding $20.8 million of fee and interest income in 2021 [5] - Non-interest income contributions from American State Bank customers are expected to increase in Q1 2022 as the grace period for fee contributions ends [9][26] - The commercial credit card program has expanded, contributing new income monthly, with expectations for HSA card revenues to begin in 2022 [6][19] Market Data and Key Metrics Changes - Loan growth at December 31 was $470 million, with $400 million attributed to the acquisition of American State Bank & Trust [18] - Organic originated loans totaled $221 million in Q4 2021, with 85% being commercial and agricultural loans [18] - The company is focused on improving its loan-to-deposit ratio, which currently stands close to 70%, aiming to return to pre-COVID levels in the low-80s [22][32] Company Strategy and Development Direction - The company aims to improve operating performance and return on tangible equity in the mid-teens by reducing excess liquidity and increasing fee income [19][21] - Plans to roll out interactive teller machines (ITMs) to enhance customer service and operational efficiency [20] - The company is actively pursuing partnerships and acquisitions that align with its financial profitability goals while maintaining a focus on organic growth [22][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic environment, noting that rising rates could protect loan growth by reducing refinancing activity [44] - The company anticipates continued growth in fee income from various business lines, including treasury management and wealth management [26][27] - There is a focus on addressing uncertainties in the economic environment, including supply chain and labor market issues, which may impact loan demand [22] Other Important Information - The company introduced John Creech as the new Chief Credit Officer, bringing extensive credit experience to the team [16] - The company has maintained its share repurchase program and initiated a common stock dividend in Q3 2021 [6] Q&A Session Summary Question: Fee outlook and loan growth expectations - Management discussed expectations for non-interest income growth, highlighting contributions from American State Bank customers and ongoing focus on treasury management and wealth management services [24][26] Question: Long-term net charge-off targets - Management indicated a target of 5 to 10 basis points for net charge-offs, reflecting confidence in asset quality [28][29] Question: Asset sensitivity and margin reaction to rate changes - Management noted that the balance sheet is well-balanced regarding interest rate sensitivity, with future margin movements likely driven by earning asset rotation [34][35] Question: M&A outlook and geographic focus - The company is exploring opportunities in Oklahoma, Kansas, Western Missouri, and Central Arkansas, focusing on both bank acquisitions and fee income businesses [36]

Exhibit 99.2 Third Quarter 2021 Results Presentation October 19, 2021 Disclaimers Special Note Concerning Forward-Looking Statements This press release 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 Equity's management with respect to, among other things, future events and Equity's financial performance. These st ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 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 72-15 ...

Financial Data and Key Metrics Changes - The company reported net income of $11.8 million or $0.80 per diluted share, with core earnings at $0.96 per diluted share, beating street consensus [10] - Net interest income totaled $39 million in Q3, increasing from $34.6 million in the previous quarter, representing a $4.3 million increase [15] - The provision for credit losses totaled $1 million, with specific reserves increasing by $4.8 million during the quarter [14][15] Business Line Data and Key Metrics Changes - Organic loan growth totaled $46.5 million, representing an annualized growth of 7% during the quarter [19] - PPP loans declined by $176 million due to forgiveness, with $16.6 million of fee income recognized from this activity year-to-date [20] - Organic originated loans totaled $217.6 million in Q3, down slightly from $261 million in Q2, with 80% in commercial, CRE, and agricultural loans [21] Market Data and Key Metrics Changes - The weighted coupon in the portfolio, excluding PPP, increased approximately 13 basis points during the third quarter [16] - The coverage of allowance for credit losses to non-PPP loans was 2.04%, unchanged from the previous quarter [15] Company Strategy and Development Direction - The company aims to improve its revenue mix, increase fee contributions, and drive positive operational leverage off its expense base [34] - The integration of the American State Bank & Trust balance sheet is a key focus, with expectations of adding $78 million in deposits from the upcoming branch acquisition [36] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the economic environment, citing supply chain issues, labor market challenges, and inflation as uncertainties affecting loan demand [34] - The company does not expect PPP income to influence its 2022 results significantly [35] Other Important Information - The company paid its first common stock dividend to shareholders, which is expected to broaden its investor base and serve as a capital management tool [36] - The company is actively pursuing additional acquisition opportunities, with several conversations ongoing [47] Q&A Session Summary Question: Clarification on Q4 and full year 2022 projections - The projections include the American State acquisition but not the Missouri Bank acquisition [38] Question: Fee income growth expectations - Fee income growth is expected to be driven by service charges, debit card interchange, and other initiatives in wealth management and treasury management products [40][42] Question: Impact of dividends on buyback strategy - The dividend will not affect the company's buyback strategy, which remains active [44] Question: Margin guidance and loan allocation assumptions - The company does not model changes in the yield curve but sees potential for improvement by reallocating cash and securities into loans [51][53] Question: Provision outlook for Q4 and 2022 - Management does not anticipate a meaningful provision in Q4 and expects the provision for 2022 to be lower than previously budgeted [68]

Cautionary Note Regarding Forward-Looking Statements This section cautions that the report contains forward-looking statements, subject to inherent risks and uncertainties, which the Company does not publicly update [Forward-Looking Statements Disclosure](index=3&type=section&id=Forward-Looking%20Statements%20Disclosure) This section highlights that the report contains forward-looking statements, which are not historical facts and are subject to various risks, assumptions, and uncertainties - Forward-looking statements are based on current expectations, estimates, and projections, but actual results may differ materially due to inherent uncertainties and risks, particularly those related to the COVID-19 pandemic[9](index=9&type=chunk) - Key risks include external economic and market factors (e.g., interest rates, inflation, demand for loans), credit quality deterioration, real estate market impacts, loss of major relationships, liquidity issues, technological advances, cybersecurity breaches, and regulatory changes[10](index=10&type=chunk) - The Company does not undertake any obligation to publicly update or review any forward-looking statement[12](index=12&type=chunk) Part I Financial Information [Item 1. Financial Statements](index=5&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed interim consolidated financial statements for Equity Bancshares, Inc., including detailed notes on significant accounting policies, securities, loans, and other financial matters [Consolidated Balance Sheets](index=5&type=section&id=Consolidated%20Balance%20Sheets) This section presents the Company's consolidated balance sheets, detailing assets, liabilities, and stockholders' equity at June 30, 2021, and December 31, 2020 | ASSETS (in thousands) | June 30, 2021 (Unaudited) | December 31, 2020 | | :-------------------- | :------------------------ | :---------------- | | Cash and cash equivalents | $139,321 | $280,698 | | Available-for-sale securities | $1,041,613 | $871,827 | | Loans, net of allowance for credit losses | $2,763,227 | $2,557,987 | | Total assets | $4,268,216 | $4,013,356 | | LIABILITIES AND STOCKHOLDERS' EQUITY (in thousands) | | | | Deposits | $3,687,555 | $3,447,590 | | Total liabilities | $3,855,221 | $3,605,707 | | Total stockholders' equity | $412,995 | $407,649 | - Total assets increased by **$254,860 thousand (6.35%)** from December 31, 2020, to June 30, 2021[17](index=17&type=chunk) - Loans, net of allowance for credit losses, increased by **$205,240 thousand (8.02%)** over the same period[17](index=17&type=chunk) - Total deposits increased by **$239,965 thousand (6.96%)** from December 31, 2020, to June 30, 2021[17](index=17&type=chunk) [Consolidated Statements of Income](index=6&type=section&id=Consolidated%20Statements%20of%20Income) This section presents the Company's consolidated statements of income, detailing revenues, expenses, and net income for the three and six months ended June 30, 2021 and 2020 | (Dollar amounts in thousands) | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | Six Months Ended June 30, 2021 | Six Months Ended June 30, 2020 | | :---------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Total interest and dividend income | $38,318 | $37,933 | $74,130 | $78,490 | | Total interest expense | $3,688 | $5,042 | $7,741 | $13,504 | | Net interest income | $34,630 | $32,891 | $66,389 | $64,986 | | Provision (reversal) for credit losses | $(1,657) | $12,500 | $(7,413) | $22,440 | | Total non-interest income | $9,100 | $5,732 | $15,812 | $11,038 | | Total non-interest expense | $25,806 | $23,937 | $50,687 | $49,695 | | Net income | $15,166 | $1,689 | $30,241 | $2,947 | | Basic earnings per share | $1.06 | $0.11 | $2.10 | $0.19 | | Diluted earnings per share | $1.03 | $0.11 | $2.06 | $0.19 | - Net income for the three months ended June 30, 2021, increased significantly to **$15,166 thousand** from **$1,689 thousand** in the prior year, driven by a reversal in provision for credit losses and higher non-interest income[19](index=19&type=chunk) - Basic EPS for the three months ended June 30, 2021, rose to **$1.06** from **$0.11** in the prior year[19](index=19&type=chunk) - For the six months ended June 30, 2021, net income was **$30,241 thousand**, a substantial increase from **$2,947 thousand** in the same period of 2020, primarily due to a reversal in provision for credit losses[19](index=19&type=chunk) [Consolidated Statements of Comprehensive Income](index=7&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income) This section presents the Company's consolidated statements of comprehensive income, including net income and other comprehensive income (loss) for the three and six months ended June 30, 2021 and 2020 | (Dollar amounts in thousands) | Three Months Ended June 30, 2021 | Three Months Ended June 30, 2020 | Six Months Ended June 30, 2021 | Six Months Ended June 30, 2020 | | :---------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Net income | $15,166 | $1,689 | $30,241 | $2,947 | | Other comprehensive income (loss), net of tax | $1,431 | $(379) | $(6,331) | $3,393 | | Comprehensive income | $16,597 | $1,310 | $23,910 | $6,340 | - Comprehensive income for the three months ended June 30, 2021, was **$16,597 thousand**, up from **$1,310 thousand** in the prior year, benefiting from positive other comprehensive income[22](index=22&type=chunk) - For the six months ended June 30, 2021, comprehensive income was **$23,910 thousand**, significantly higher than **$6,340 thousand** in the same period of 2020, despite a negative other comprehensive income[22](index=22&type=chunk) [Consolidated Statements of Stockholders' Equity](index=8&type=section&id=Consolidated%20Statements%20of%20Stockholders'%20Equity) This section details changes in the Company's consolidated stockholders' equity, including net income, other comprehensive income, stock-based compensation, and treasury stock transactions | (Dollar amounts in thousands, except share data) | Balance at April 1, 2021 | Net Income | Other Comprehensive Income (loss), net of tax effects | Stock-based Compensation | Common Stock Issued upon Exercise of Stock Options | Treasury Stock Purchases | Balance at June 30, 2021 | | :----------------------------------------------- | :----------------------- | :--------- | :---------------------------------------------------- | :----------------------- | :------------------------------------------------- | :----------------------- | :----------------------- | | Total Stockholders' Equity | $397,815 | $15,166 | $1,431 | $948 | $508 | $(2,873) | $412,995 | - Total stockholders' equity increased from **$407,649 thousand** at January 1, 2021, to **$412,995 thousand** at June 30, 2021, primarily due to net income, stock-based compensation, and common stock issuance, partially offset by treasury stock purchases[29](index=29&type=chunk) - Treasury stock purchases for the six months ended June 30, 2021, amounted to **$(8,780) thousand**[29](index=29&type=chunk) [Consolidated Statements of Cash Flows](index=10&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) This section presents the Company's consolidated statements of cash flows, categorizing cash activities into operating, investing, and financing for the six months ended June 30, 2021 and 2020 | (Dollar amounts in thousands) | Six Months Ended June 30, 2021 | Six Months Ended June 30, 2020 | | :---------------------------- | :----------------------------- | :----------------------------- | | Net cash provided by (used in) operating activities | $47,236 | $24,646 | | Net cash provided by (used in) investing activities | $(430,235) | $(180,840) | | Net cash provided by (used in) financing activities | $241,62

Financial Data and Key Metrics Changes - The company reported a net income of $15.2 million for Q2 2021, the highest in its history, with core earnings of $0.86 per diluted share, up from $0.65 in Q1 2021 [5][6][10] - Net interest income increased to $34.6 million from $31.8 million in Q1 2021, a rise of $2.9 million [10] - Total fee income reached $9.1 million, an increase of $2.4 million from the previous quarter [27] Business Line Data and Key Metrics Changes - Organic loan growth totaled $83.9 million, representing an annualized growth rate of 15% during the quarter [16][25] - Origination fees from PPP loans increased significantly, with $5.7 million recognized in Q2 compared to $3.1 million in Q1 [11] - The commercial, commercial real estate, and agricultural loans accounted for 85% of the total loan originations in Q2 [17] Market Data and Key Metrics Changes - The company’s total pipeline reached approximately $600 million, indicating strong sales efforts and a growing pipeline [18] - Non-interest bearing deposits increased by $20.2 million from March 31, 2021, and $236 million from June 30, 2020 [31] Company Strategy and Development Direction - The company aims to increase total revenue tied to fee income to 30% versus traditional spread business, with a focus on improving efficiency ratios [6][27] - A merger with American State Bancshares is scheduled to close in October 2021, expected to enhance the company’s market presence and customer base [13][14] - The company is also expanding its HSA business and enhancing its trust and wealth management services [21][20] Management's Comments on Operating Environment and Future Outlook - Management expressed uncertainty about the economic direction over the next 18 months due to high levels of fiscal stimulus [9] - The company remains conservative in its approach to the allowance for credit losses, maintaining a coverage ratio of 2.04% for non-PPP loans [9] - Management is optimistic about the credit quality of its portfolio, with total nonperforming loans down by 6.1% [33] Other Important Information - The company is considering establishing a common stock dividend as part of its capital management strategy [44][45] - The average balance of the most popular consumer DDA account increased by 5% year-over-year, indicating strong customer engagement [31] Q&A Session Summary Question: How is the company building relationships with new customers from the PPP program? - The company successfully encouraged PPP customers to open depository accounts, leading to significant cross-selling of products [50] Question: What is the outlook for lowering the cost of deposits? - The company is actively working to reduce costs on transaction accounts and expects improvements in the second half of the year [51] Question: How has competition from larger banks affected the company? - Larger banks remain closed for the next 60 days, providing the company with a competitive advantage in attracting new customers [53] Question: Why has the average growth guidance for the year not increased despite strong loan growth? - The company is taking a conservative approach despite strong performance, reflecting caution in the current economic environment [55] Question: What are the downside risks to fee income? - The primary risk to fee income is from the mortgage sector, which has unexpectedly remained strong [63] Question: What was the amount of purchased mortgages in the quarter? - The company purchased approximately $83 million in mortgages during the quarter, which was excluded from the reported organic growth [64]

Exhibit 99.2 Second Quarter 2021 Results Presentation July 19, 2021 Disclaimers Special Note Concerning Forward-Looking Statements This press release 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 Equity's management with respect to, among other things, future events and Equity's financial performance. These stat ...

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, 2021 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 ju ...

Equity Bancshares, Inc. (NYSE:EQBK) Q1 2021 Earnings Conference Call April 21, 2021 10:00 AM ET Company Participants Chris Navratil - Senior Vice President, Finance Brad Elliott - Chairman and CEO Eric Newell - Chief Financial Officer Greg Kossover - Chief Operating Officer Craig Anderson - President Conference Call Participants Jeff Rulis - D.A. Davidson Terry McEvoy - Stephens Andrew Liesch - Piper Sandler Operator Good day and thank you for standing by. And welcome to the Q1 2021 Equity Bancshares Earnin ...

Exhibit 99.2 First Quarter 2021 Results Presentation April 21, 2021 Disclaimers Special Note Concerning Forward-Looking Statements This press release 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 Equity's management with respect to, among other things, future events and Equity's financial performance. These stat ...