Bank7 Corp. (NASDAQ:BSVN) Q4 2021 Earnings Conference Call January 28, 2022 3:00 PM ET Company Participants Brad Haines - Chairmen Tom Travis - President and CEO J.T. Phillips - Chief Operating Officer Jason Estes - Chief Credit Officer Conference Call Participants Nathan Race - Piper Sandler Brady Gailey - KBW Matt Olney - Stephens Operator Good day. And welcome to Bank7 Corp.’s Fourth Quarter and Full Year Earnings Call. Before we get started, I would like to highlight the legal information and disclaimer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 Par Value Per Share BSVN NASDAQ Global Select Market System FORM 10-Q (Mark One) ☒ 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 f ...

Bank7 Corp. (NASDAQ:BSVN) Q3 2021 Earnings Conference Call October 21, 2021 4:30 PM ET Company Participants Tom Travis - President and Chief Executive Officer Jason Estes - Chief Credit Officer Conference Call Participants Brady Gailey - KBW Nathan Race - Piper Sandler Matt Olney - Stephens Tim Abbott - Twin Lions Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should ...

Financial Performance - For Q2 2021, pre-tax income was $8.1 million, up from $6.7 million in Q2 2020, and for the first six months of 2021, pre-tax income was $14.9 million, compared to $13.5 million in the same period in 2020[154]. - Interest income for Q2 2021 increased by $881,000, or 6.5%, compared to Q2 2020, and for the first six months of 2021, it increased by $561,000, or 2.1%[154]. - The return on average assets was 2.39% for Q2 2021, compared to 2.09% for Q2 2020, and the return on average equity was 21.61% for Q2 2021, compared to 20.36% for Q2 2020[156]. - The efficiency ratio for Q2 2021 was 34.22%, compared to 33.71% for Q2 2020, indicating a slight increase in operational efficiency[156]. - Noninterest income for the three months ended June 30, 2021 was $579,000, an increase of $278,000 or 92.4% compared to $301,000 in the same period last year[185]. - Noninterest income for the six months ended June 30, 2021 was $916,000, an increase of $285,000 or 45.2% compared to $631,000 in the same period last year[187]. Asset and Loan Growth - As of June 30, 2021, total assets were $1.1 billion, total loans were $932.0 million, total deposits were $1.0 billion, and total shareholders' equity was $117.0 million[152]. - Total assets increased by $116.4 million or 11.5% to $1.1 billion as of June 30, 2021, driven by strong loan and deposit growth in key metropolitan areas[194]. - Gross loans reached $936.1 million as of June 30, 2021, up from $839.1 million as of December 31, 2020, representing a significant growth in the loan portfolio[196]. - Average total loans for Q2 2021 were $889.3 million with loan yields of 6.48%, compared to $826.1 million with loan yields of 6.52% in Q2 2020[154]. - The company had 359 Paycheck Protection Program (PPP) loans totaling $47.5 million, an increase from 166 loans totaling $44.9 million as of December 31, 2020[158]. Interest and Noninterest Income - Net interest margin for Q2 2021 was 5.38%, compared to 4.99% for Q2 2020, reflecting improved profitability from interest-earning assets[168]. - Loan fees for Q2 2021 totaled $2.5 million, an increase of $895,000 or 54.9%, driven by loan growth and increased PPP fees[168]. - Interest income from short-term investments decreased by $397,000 or 71.7%, totaling $157,000 compared to $554,000 in the same period last year[174]. - Loan fees increased by $1.6 million or 56.2%, totaling $4.5 million, driven by loan growth and increased PPP fees[174]. - Net interest margin for the first six months of 2021 was 5.25%, up from 5.14% in the same period of 2020[174]. Noninterest Expense and Efficiency - Noninterest expense for the three months ended June 30, 2021 was $4.9 million, an increase of $752,000 or 18.2% compared to $4.1 million in the same period last year[188]. - Noninterest expense for the six months ended June 30, 2021, was $9.4 million, an increase of $943,000 or 11.1% compared to the same period in 2020[191]. - Total noninterest expense for the second quarter of 2021 was $4.875 million, reflecting an increase of $752,000 or 18.24% from $4.123 million in the same quarter of 2020[189]. - Salaries and employee benefits increased by $668,000 or 13.17% to $5.739 million for the six months ended June 30, 2021, attributed to organic growth in the employee base[192]. Credit Quality and Loan Losses - The provision for loan losses for Q2 2021 was $1.3 million, slightly down from $1.4 million in Q2 2020, indicating stable credit quality[155]. - The allowance for loan losses as a percentage of loans increased to 1.32% at June 30, 2021, up from 1.15% at December 31, 2020[184]. - The allowance for loan and lease losses was $12.306 million as of June 30, 2021, compared to $9.639 million as of December 31, 2020, indicating a proactive approach to potential loan losses[196]. - Total nonperforming loans decreased to $13.726 million as of June 30, 2021, down from $16.535 million at December 31, 2020, reflecting a reduction of 17.0%[214]. - The ratio of nonperforming loans to total loans improved to 1.47% as of June 30, 2021, compared to 1.98% at December 31, 2020, showing a decrease of 0.51 percentage points[214]. Deposits and Capital - Total deposits as of June 30, 2021, were $1.0 billion, up from $905.5 million as of December 31, 2020, representing an increase of approximately 10.5%[232]. - Noninterest-bearing demand deposits increased to $330.1 million, accounting for 32.7% of total deposits as of June 30, 2021, compared to 27.2% in the previous year[232]. - Total interest-bearing deposits were $678.5 million, representing 67.3% of total deposits as of June 30, 2021[232]. - As of June 30, 2021, total shareholders' equity increased to $117.0 million, up from $107.3 million as of December 31, 2020, representing a 9.0% increase driven by retained capital from net income[245]. - The Bank was categorized as "well-capitalized" under regulatory requirements as of June 30, 2021, exceeding all capital ratios including a total capital ratio of 14.48%[243]. Regulatory and Compliance - Regulatory assessments increased by $185,000 or 158.12% to $302,000 for the six months ended June 30, 2021, reflecting heightened compliance costs[192]. - The Company met all capital adequacy requirements under the Basel III Capital Rules as of June 30, 2021[244]. - The allowance for loan losses is based on management's estimate of probable losses inherent in the loan portfolio, which is regularly reviewed by regulatory agencies[259]. Miscellaneous - The company continues to focus on gathering noninterest-bearing demand deposits through various marketing efforts and community involvement[231]. - There were no payment defaults with respect to loans modified as Troubled Debt Restructurings (TDRs) as of June 30, 2021[228]. - Total TDRs amounted to $12.2 million as of June 30, 2021, with 2 contracts in nonaccrual status[229].

Bank7 Corp (NASDAQ:BSVN) Q2 2021 Earnings Conference Call July 29, 2021 4:30 PM ET Company Participants Thomas Travis - President, CEO & Director Jason Estes - EVP & Chief Credit Officer Conference Call Participants Matthew Olney - Stephens Inc. Brady Gailey - KBW Nathan Race - Piper Sandler & Co. Operator Hello, and welcome to the Bank7 Corp. Second Quarter Earnings Call. Before we get started, I'd like to highlight the legal information and disclaimer on Page 20 of the investor presentation. For those of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 Par Value Per Share BSVN NASDAQ Global Select Market System FORM 10-Q (Mark One) ☒ 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 ...

Bank7 Corp (NASDAQ:BSVN) Q1 2021 Earnings Conference Call April 29, 2021 4:30 PM ET Company Participants Thomas Travis - President, CEO & Director Jason Estes - EVP & Chief Credit Officer Conference Call Participants Nathan Race - Piper Sandler & Co. Matt Olney - Stephens Inc. Tim Abbott - Twin Lions Management Brady Gailey - KBW Operator Welcome to Bank7 Corp.'s First Quarter Earnings Call. Before we get started, I'd like to highlight the legal information and disclaimer on Page 19 of the investor presenta ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020. 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: 001-38656 BANK7 CORP. (Exact name of registrant as specified in its charter) Oklahoma 20-0764349 (State or other jurisdiction of incorp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 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: 001-38656 Bank7 Corp. (Exact name of registrant as specified in its charter) Oklahoma 20-0763496 ( State or other jurisdiction of ...

Financial Data and Key Metrics Changes - The company reported a significant increase in loan loss reserves, up 42% year-to-date, reflecting a cautious approach to provisioning amid economic uncertainties [32][34]. - The gross loan yields were reported at 5.95%, with a degradation of 35 basis points due to PPP loans and an additional 15 basis points from non-accrual loans, resulting in an effective yield of 5.45% excluding fees [29]. Business Line Data and Key Metrics Changes - The midstream energy loan portfolio saw a notable increase in non-performing assets (NPA), primarily due to a $14 million bridge loan that transitioned to a longer-term loan due to COVID-19 impacts [7]. - The hospitality loan portfolio showed an occupancy rate of approximately 60% for loans that resumed payments, indicating gradual recovery in this sector [10]. Market Data and Key Metrics Changes - The company observed a gradual improvement in loan deferrals, which currently stand at about 15% of total loans, with expectations for continued decline unless further lockdowns occur [8]. - The energy sector is showing signs of recovery, with increased confidence in the portfolio as many service companies have reduced debt and sold assets [19]. Company Strategy and Development Direction - The company plans to leverage its strong capital position and excess PPE for potential stock buybacks when market conditions are favorable [12]. - Management emphasized a focus on maintaining strong loan loss reserves while navigating the current economic environment, particularly in the energy and hospitality sectors [36]. Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to weather the current economic challenges, citing strong capital ratios and the effectiveness of the PPP program in supporting operations [44]. - The management team highlighted the importance of being prudent in provisioning while also recognizing the unique challenges posed by the pandemic [41]. Other Important Information - The company does not have significant exposure to consumer loans or restaurants, which management believes positions it favorably compared to other institutions facing higher risks in those sectors [36]. - The company has been actively monitoring its credits and adjusting its strategies based on the evolving economic landscape [40]. Q&A Session Summary Question: What is the reason for the increase in non-performing assets? - The increase is primarily related to a $14 million bridge loan in the midstream energy segment that has transitioned to a longer-term loan due to COVID-19 [7]. Question: How do you expect loan deferrals to trend? - Loan deferrals are expected to continue decreasing unless there are further serious lockdowns impacting multiple markets [8]. Question: Can you provide an update on the hospitality loan portfolio? - The hospitality portfolio has shown improvement, with occupancy rates around 60% for loans that are back on payments [10]. Question: What is the outlook for share buybacks? - The company intends to continue share buybacks when market conditions allow, as indicated by recent purchases [12]. Question: How is the energy loan portfolio performing? - The management expressed increased confidence in the energy portfolio, noting that many service companies have reduced debt and improved their financial positions [19].