SEC filing record
Primary Source · SEC.gov

Great Plains Bancshares, Inc.

2023 vintageRule 506(b)Filing record

Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.

Raised

$12M

Investors

18

Min Invest

$100,000

AltStreet Verified Issuer badge

Is this your company or fund? Claim this page free, or verify it and carry the Verified Issuer mark.

What this filing shows

·

Every sentence is a value as filed on SEC Form D

Great Plains Bancshares, Inc. is a Oklahoma corporation that filed a Form D with the SEC on October 20, 2023 in the Other Banking and Financial Services industry group. The offering claims Rule 506(b) and covers equity. Great Plains Bancshares, Inc. reported $12,300,000 sold from 18 investors of a $12,300,000 total offering as of the Form D filed October 20, 2023. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $100,000. The Form D names Hillworth Bank Partners (CRD 307454), associated with None as the recipient of sales compensation soliciting in NY, OK, TX. The issuer's address of record is 120 West Jones Street, Hollis, OK 73550.

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001737655
Entity NameGreat Plains Bancshares, Inc.
ExemptionRule 506(b)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising.
Entity TypeCorporation
Jurisdiction of OrganizationOklahoma
Issuer Address120 West Jones Street, Hollis, OK 73550
Phone(580) 688-3323
Industry / Fund TypeOther Banking and Financial Services
Securities TypeEquity
First Sale DateOctober 6, 2023
Filing DateOctober 20, 2023
Accession Number0001737655-23-000003
Total Offering Amount$12,300,000
Total Amount Sold$12,300,000
Amount Remaining$0
Total Investors18
Non-Accredited InvestorsNone
Minimum Investment$100,000
Offering DurationOne year or less
Revenue RangeDecline to Disclose
State (Issuer Address)OK
Amendment Count2 filings on record

Filings on Record

Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.

In the Terminal

Filing events

0

none on file

Critical / warning

0 / 0

0 watch · 0 info

Statements extracted

0

none on file

NAV prints

0

none on file

Offering chains

2

closed

Open in the terminal Watch this issuerInvestor $149/mo unlocks the values; Pro $349/mo adds the universe.

Investor

  • 2 offering timelines: velocity, share raised, first-sale lag, stalled flags

Pro

  • This issuer against its cohort: rank by velocity and share raised among offerings filed the same quarter
  • The same events, statements and NAV moves across every issuer, screenable, with unlimited watches and CSV

Counts and dates above are the free record. The values, the series and the comparisons are the seat. Loading your view…

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

Item 3 changed on the Form D filed 2023-10-20: 2 related persons added and 1 removed against the filing of 2018-04-19; 10 now listed. The names are in the Terminal feed.

Mark L. Russell

Executive Officer, Director · Elk City, OK

Chief Executive Officer

Terry L. Shelby

Executive Officer, Director · Elk City, OK

President

Bart Russell Kirchoff

Director · Elk City, OK

Chairman

Mark Russell Albert

Director · Elk City, OK

Paul Russell Albert

Director · Elk City, OK

Robert Russell Bernard

Director · Elk City, OK

Paul Russell Dickinson

Director · Elk City, OK

Myra Russell Kuchel

Director · Elk City, OK

LaRue Allee Stoller

Director · Elk City, OK

Perry Todd Taylor

Director · Elk City, OK

Placement Agents and Sales Compensation (Form D)

Who the issuer reported paying to sell the securities (Form D Item 12), with the FINRA registration number the filer gave. Source: SEC.gov.

Hillworth Bank PartnersCRD 307454 on BrokerCheck

Associated broker-dealer: None · Austin, TX · Soliciting in NY, OK, TX

Questions About Great Plains Bancshares, Inc.

Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.

What is Great Plains Bancshares, Inc.?

Great Plains Bancshares, Inc. is a Oklahoma corporation that filed a Form D with the SEC on October 20, 2023 in the Other Banking and Financial Services industry group. The filing claims Rule 506(b) for an offering of equity.

Is Great Plains Bancshares, Inc. legit?

AltStreet does not rate legitimacy; it reports the public record. Great Plains Bancshares, Inc. filed a Form D with the SEC on October 20, 2023 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $12,300,000 sold to 18 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Is Great Plains Bancshares, Inc. registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that Great Plains Bancshares, Inc. claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

How much has Great Plains Bancshares, Inc. raised?

Great Plains Bancshares, Inc. reported $12,300,000 sold from 18 investors of a $12,300,000 total offering as of the Form D filed October 20, 2023.

Who can invest in Great Plains Bancshares, Inc.?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The minimum investment accepted from an outside investor is $100,000.

What is the minimum investment in Great Plains Bancshares, Inc.?

The Form D lists $100,000 as the minimum investment accepted from any outside investor as of October 20, 2023. Issuers can waive their own minimums, and the figure does not include fees.

Who is selling Great Plains Bancshares, Inc. and how are they paid?

The Form D names Hillworth Bank Partners (CRD 307454), associated with None as the recipient of sales compensation soliciting in NY, OK, TX.

Who is behind Great Plains Bancshares, Inc.?

The Form D lists 10 related persons: Mark L. Russell, executive officer, director (Chief Executive Officer); Terry L. Shelby, executive officer, director (President); Bart Russell Kirchoff, director (Chairman); Mark Russell Albert, director; Paul Russell Albert, director; Robert Russell Bernard, director; Paul Russell Dickinson, director; Myra Russell Kuchel, director, and 2 more. Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Where is Great Plains Bancshares, Inc. located?

The issuer's address on its SEC filings is 120 West Jones Street, Hollis, OK 73550. Its phone number of record is 580-688-3323. It is organized under the laws of Oklahoma.

How long is the Great Plains Bancshares, Inc. offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

What is Great Plains Bancshares, Inc.'s revenue?

The issuer declined to disclose its revenue range on the Form D, which the form permits.

AltStreet Verified Issuer badge

Is this your company or fund?

Free claim: add your contact details, website, team and a description to this page. The filed facts stay as filed.

Verified Issuer, $480 a year: AltStreet checks the identity of your company and the authority of the person claiming it against your filings, confirms your contact details on a stated date and again at each renewal, and marks the page so people researching you find a current, attributed profile beside the public filing record. It is not a review of any offering.

Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.