Bank7(BSVN)2025-04-10 12:00Financial Performance - Net income for Q1 2025 was 11.3 million in Q1 2024[5] - Earnings per share decreased to 1.21 in the same quarter last year[5] - Pre-provision pre-tax earnings (PPE) decreased by 7.86% to 14.9 million year-over-year[5] - Total interest income fell by 8.56% to 33.3 million in Q1 2024[5] - The net interest margin decreased to 4.98% from 5.14% in Q1 2024[8] Asset and Loan Growth - Total assets increased by 0.59% to 1.79 billion in Q1 2024[5] - Total loans rose by 3.63% to 1.35 billion in Q1 2024[5] Capital Ratios - The Bank's Tier 1 leverage ratio was 12.39%, and total risk-based capital ratio was 15.25% as of March 31, 2025, indicating strong capital levels[2] Strategic Plans - The company plans to grow organically by selectively opening additional branches and pursuing strategic acquisitions[9] Forward-Looking Statements - Bank7 Corp. emphasizes that forward-looking statements reflect current views on future events and financial performance[11] - The company acknowledges significant uncertainties affecting forward-looking statements, including interest rates and economic conditions[12] - Actual results may differ materially from anticipated outcomes due to risks and uncertainties that are difficult to predict[12] - Bank7 Corp. does not undertake any obligation to update or revise forward-looking statements after their initial date[12] - The company’s financial condition and results of operations are influenced by various factors, including regulatory standards and economic conditions[12] - Forward-looking statements are based on current expectations and projections about future financial trends[12] - The company cautions against placing undue reliance on forward-looking statements due to inherent uncertainties[12] Conference Call - The conference call to discuss Q1 results is scheduled for April 10, 2025, at 9:00 a.m. CST[10] Leadership - Bank7 Corp. is led by President & CEO Thomas Travis, who can be contacted for further inquiries[13]