GrandIsland, Neb.-based EquitableFinancial Corp.'s board authorized a buyback program that allowsfor the repurchase of up to 173,857 shares, or 5% of the company's issued andoutstanding common stock.

Repurchaseswill be made at management's discretion in both the open market or in privatetransactions, as well as through block trades. The program may also beterminated, modified or suspended at any given time.