STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Summary of Shares Issued and Held in Treasury or Outstanding

The following table presents shares that were issued, held in treasury or were outstanding at June 30, 2024, and December 31, 2023.

	June 30, 2024			December 31, 2023
Class A common stock – issued		20,587,499			20,460,615
Class A common stock – held in treasury		(5,379,537	)		(5,016,964	)
Class A common stock – outstanding		15,207,962			15,443,651
Class B common stock – issued		234,903			234,903
Class B common stock – held in treasury		(234,903	)		(234,903	)
Class B common stock – outstanding		—			—

Summary of Offering Periods and Costs

In 2019, the Company’s Board of Directors adopted the Equity Bancshares, Inc. 2019 Employee Stock Purchase Plan (“ESPP”). The ESPP enables eligible employees to purchase the Company’s common stock at a price per share equal to 85% of the lower of the fair market value of the common stock at the beginning or end of each offering period. ESPP compensation expense of $34 and $69 was recorded for the three and six months ended June, 2024. ESPP compensation expense of $38 and $77 was recorded for the three and six months ended June 2023. The following table presents the offering periods and costs associated with this program during the reporting period.

Offering Period	Shares Purchased		Cost Per Share		Compensation Expense
August 15, 2021 to February 14, 2022		14,274	$	27.37	$	69
February 15, 2022 to August 14, 2022		14,555		27.61		71
August 15, 2022 to February 14, 2023		17,508		26.18		81
February 15, 2023 to August 14, 2023		14,548		22.34		57
August 15, 2023 to February 14, 2024		16,884		21.79		65

Components of Accumulated Other Comprehensive Income

Components of accumulated other comprehensive income as of June 30, 2024, and December 31, 2023, are listed below.

	Available-for- Sale Securities			Cash Flow Hedges			Accumulated Other Comprehensive Income (Loss)
June 30, 2024
Net unrealized or unamortized gains (losses)	$	(84,629	)	$	3,163		$	(81,466	)
Tax effect		20,228			(767	)		19,461
	$	(64,401	)	$	2,396		$	(62,005	)
December 31, 2023
Net unrealized or unamortized gains (losses)	$	(77,548	)	$	839		$	(76,709	)
Tax effect		18,995			(206	)		18,789
	$	(58,553	)	$	633		$	(57,920	)