Equity Bank makes play for Bank of Blue Valley

Brad Elliott Equity Bancshares Inc. is making a play to acquire the preferred share debt that Blue Valley Ban Corp. accrued through the U.S. Treasurys Troubled Asset Relief Program. Blue Valley Ban Corp. borrowed $21.75 million from TARP in December 2008. The preferred shares represent about 54.7 percent of the bank holding company's total equity. The shares are not convertible to common ...