EX-99.1 2 ef20063170_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1


FOR IMMEDIATE RELEASE: Bank7 Corp. Announces Q4 2025 and Full Year Earnings

Oklahoma City, January 15, 2026 – Bank7 Corp. (NASDAQ: BSVN) (“the Company”), the parent company of Oklahoma City-based Bank7 (the “Bank”), today reported unaudited results for the quarter ended December 31, 2025.  “We are happy to report a strong fourth quarter and another full-year of robust earnings.  Our bankers produced outstanding loan and deposit growth, while also maintaining a strong net interest margin and excellent credit quality.  We are excited about 2026, as our properly matched balance sheet has us well positioned to continue to take advantage of our dynamic geographic region,” said Thomas L. Travis, President and CEO of the Company.

For the three months ended December 31, 2025 compared to the three months ended September 30, 2025:


-
Net income of $10.8 million compared to $10.8 million, a decrease of 0.55%

-
Earnings per share of $1.12 compared to $1.13, a decrease of 0.88%

-
Total assets of $2.0 billion compared to $1.9 billion, an increase of 3.82%

-
Total loans of $1.6 billion compared to $1.5 billion, an increase of 4.71%

-
Pre-provision pre-tax earnings of $14.2 million compared to $14.9 million, a decrease of 4.95%

-
Total interest income of $32.8 million compared to $33.7 million, a decrease of 2.67%

For the year ended December 31, 2025 compared to the year ended December 31, 2024:


-
Net income of $43.1 million compared to $45.7 million, a decrease of 5.75%

-
Earnings per share of $4.50 compared to $4.84, a decrease of 7.02%

-
Total assets of $2.0 billion compared to $1.7 billion, an increase of 12.87%

-
Total loans of $1.6 billion compared to $1.4 billion, an increase of 14.96%

-
Pre-provision pre-tax earnings of $57.5 million compared to $60.4 million, a decrease of 4.78%

-
Total interest income of $128.8 million compared to $131.5 million, a decrease of 2.11%

Both the Bank’s and the Company’s capital levels continue to be significantly above the minimum levels required to be designated as “well-capitalized” for regulatory purposes.  On December 31, 2025, the Bank’s Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 12.82%, 14.09%, and 15.25%, respectively.  On December 31, 2025, on a consolidated basis, the Company’s Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 12.82%, 14.09%, and 15.24%, respectively.  Designation as a well-capitalized institution under regulations does not constitute a recommendation or endorsement by bank regulators.

Non-GAAP Financial Measures:
This earnings release contains the non-GAAP financial measure pre-provision pre-tax earnings.  The Company’s management uses this non-GAAP measure in their analysis of the Company’s performance.  This measure adjusts GAAP performance to exclude from net income, income tax expense, provision for credit losses, and loss on sales and calls of available-for-sale debt securities.

 
 
For the Three Months Ended
   
For the Year Ended
 
 
 
December 31,
   
September 30,
   
December 31,
 
 
 
2025
   
2025
   
2025
   
2024
 
Calculation of Pre-Provision Pre-Tax Earnings
 
(Dollars in thousands)
 
Net Income
 
$
10,784
   
$
10,844
   
$
43,069
   
$
45,698
 
Income Tax Expense
   
3,375
     
3,342
     
13,696
     
14,656
 
Pre-tax net income
   
14,159
     
14,186
     
56,765
     
60,354
 
Add back: Provision for credit losses
   
-
     
700
     
700
     
-
 
Add back: (Gain)Loss on sales/calls of AFS debt securities
   
-
     
10
     
10
     
6
 
Pre-provision pre-tax earnings
 
$
14,159
   
$
14,896
     
57,475
     
60,360
 


Unaudited Condensed Consolidated Balance Sheets
(Dollar amounts in thousands, except par value)
Assets
 
December 31,
2025
(unaudited)
   
December 31,
2024
 
 
 
(Dollars in thousands)
 
Cash and due from banks
 
$
244,635
   
$
234,196
 
Interest-bearing time deposits in other banks
   
10,457
     
6,719
 
Available-for-sale debt securities (amortized cost of $57,316 and
$66,445 at December 31, 2025 and December 31, 2024, respectively)
   
54,019
     
59,941
 
Loans, net of allowance for credit losses of $19,407 and
$17,918 at December 31, 2025 and December 31, 2024, respectively
   
1,587,024
     
1,379,465
 
Loans held for sale
   
2,078
     
-
 
Premises and equipment, net
   
21,884
     
18,137
 
Nonmarketable equity securities
   
1,165
     
1,283
 
Core deposit intangibles
   
752
     
878
 
Goodwill
   
11,208
     
8,458
 
Interest receivable and other assets
   
30,418
     
30,731
 
 
               
Total assets
 
$
1,963,640
   
$
1,739,808
 
 
               
Liabilities and Shareholders’ Equity
               
 
               
Deposits
               
Noninterest-bearing
 
$
341,416
   
$
313,258
 
Interest-bearing
   
1,359,417
     
1,202,213
 
 
               
Total deposits
   
1,700,833
     
1,515,471
 
 
               
Income taxes payable
   
594
     
77
 
Interest payable and other liabilities
   
11,218
     
11,047
 
 
               
Total liabilities
   
1,712,645
     
1,526,595
 
 
               
Shareholders’ equity
               
Common stock, $0.01 par value; 50,000,000 shares authorized; shares
issued and outstanding: 9,462,656 and 9,390,211 at December 31, 2025
and December 31, 2024, respectively
   
95
     
94
 
Additional paid-in capital
   
103,739
     
101,809
 
Retained earnings
   
149,707
     
116,281
 
Accumulated other comprehensive loss
   
(2,546
)
   
(4,971
)
 
               
Total shareholders’ equity
   
250,995
     
213,213
 
 
               
Total liabilities and shareholders’ equity
 
$
1,963,640
   
$
1,739,808
 


Unaudited Condensed Consolidated Statements of Comprehensive Income
(Dollar amounts in thousands, except per share data)
 
 
Three Months Ended
   
For the Year Ended
 
 
 
December 31,
   
December 31,
 
 
 
2025
(unaudited)
   
2024
(unaudited)
   
2025
(unaudited)
   
2024
(unaudited)
 
Interest Income
 
(Dollars in thousands)
 
Loans, including fees
 
$
30,306
   
$
29,582
   
$
117,513
   
$
119,416
 
Interest-bearing time deposits in other banks
   
158
     
110
     
564
     
785
 
Debt securities, taxable
   
258
     
265
     
1,085
     
2,531
 
Debt securities, tax-exempt
   
59
     
60
     
246
     
273
 
Other interest and dividend income
   
2,035
     
2,313
     
9,350
     
8,535
 
 
                               
Total interest income
   
32,816
     
32,330
     
128,758
     
131,540
 
 
                               
Interest Expense
                               
Deposits
   
10,551
     
10,593
     
40,885
     
45,345
 
 
                               
Total interest expense
   
10,551
     
10,593
     
40,885
     
45,345
 
 
                               
Net Interest Income
   
22,265
     
21,737
     
87,873
     
86,195
 
 
                               
Provision for Credit Losses
   
-
     
-
     
700
     
-
 
 
                               
Net Interest Income After Provision for Credit Losses
   
22,265
     
21,737
     
87,173
     
86,195
 
 
                               
Noninterest Income
                               
Mortgage lending income
   
326
     
137
     
1,326
     
370
 
Loss on sales, prepayments, and calls of available-for-sale debt securities
   
-
     
(3
)
   
(10
)
   
(6
)
Service charges on deposit accounts
   
244
     
233
     
941
     
975
 
Other
   
1,269
     
2,034
     
6,246
     
9,915
 
 
                               
Total noninterest income
   
1,839
     
2,401
     
8,503
     
11,254
 
 
                               
Noninterest Expense
                               
Salaries and employee benefits
   
5,805
     
5,043
     
22,634
     
20,783
 
Furniture and equipment
   
325
     
257
     
1,278
     
1,070
 
Occupancy
   
690
     
655
     
2,580
     
2,640
 
Data and item processing
   
513
     
459
     
2,128
     
1,897
 
Accounting, marketing and legal fees
   
273
     
255
     
757
     
836
 
Regulatory assessments
   
268
     
211
     
814
     
1,196
 
Advertising and public relations
   
289
     
192
     
917
     
549
 
Travel, lodging and entertainment
   
150
     
161
     
439
     
431
 
Other
   
1,632
     
2,185
     
7,364
     
7,693
 
 
                               
Total noninterest expense
   
9,945
     
9,418
     
38,911
     
37,095
 
 
                               
Income Before Taxes
   
14,159
     
14,720
     
56,765
     
60,354
 
Income tax expense
   
3,375
     
3,611
     
13,696
     
14,656
 
Net Income
 
$
10,784
   
$
11,109
   
$
43,069
   
$
45,698
 
 
                               
Earnings per common share - basic
 
$
1.14
   
$
1.19
   
$
4.56
   
$
4.92
 
Earnings per common share - diluted
   
1.12
     
1.16
     
4.50
     
4.84
 
Weighted average common shares outstanding - basic
   
9,454,366
     
9,366,074
     
9,444,105
     
9,290,051
 
Weighted average common shares outstanding - diluted
   
9,599,897
     
9,556,388
     
9,574,190
     
9,447,751
 
 
                               
Other Comprehensive Income
                               

                               
Unrealized gains on securities, net of tax expense(benefit) of $141 and ($304) for the
three months ended December 31 2025 and 2024, respectively; net of tax expense of
$784 and $335 for the years ended December 31, 2025 and 2024, respectively
 
$
475
   
$
(856
)
 
$
2,417
   
$
1,169
 
Reclassification adjustment for realized losses included in net income net of tax of
$0 and $1 for the three months ended December 31, 2025 and 2024, respectively;
$2 and $1 for the years ended December 31, 2025 and 2024, respectively
   
-
     
2
     
8
     
5
 
Other comprehensive income
 
$
475
   
$
(854
)
 
$
2,425
   
$
1,174
 
Comprehensive Income
 
$
11,259
   
$
10,255
   
$
45,494
   
$
46,872
 


 
 
Net Interest Margin
 
 
 
For the Three Months Ended December 31,
 
 
 
2025
(unaudited)
   
2024
(unaudited)
 
 
 
Average
Balance
 
Interest
Income/
Expense
 
Average
Yield/
Rate
   
Average
Balance
   
Interest
Income/
Expense
 
Average
Yield/
Rate
 
 
 
(Dollars in thousands)
 
Interest-Earning Assets:
                             
Short-term investments
 
$
226,584
 
$
2,193
   
3.84
%
 
$
195,948
   
$
2,423
   
4.91
%
Debt securities, taxable-equivalent
   
44,673
   
258
   
2.29
     
50,504
     
265
   
2.08
 
Debt securities, tax exempt
   
11,196
   
59
   
2.09
     
14,216
     
60
   
1.67
 
Loans held for sale
   
1,431
   
-
   
-
     
526
     
-
   
-
 
Total loans(1)
   
1,570,814
   
30,306
   
7.65
     
1,422,382
     
29,582
   
8.25
 
Total interest-earning assets
   
1,854,698
   
32,816
   
7.02
     
1,683,576
     
32,330
   
7.62
 
Noninterest-earning assets
   
41,518
                 
39,721
               
Total assets
 
$
1,896,216
               
$
1,723,297
               
 
                                         
Funding sources:
                                         
Interest-bearing liabilities:
                                         
Deposits:
                                         
Transaction accounts
 
$
1,078,895
 
$
8,214
   
3.02
%
 
$
911,978
   
$
7,683
   
3.34
%
Time deposits
   
244,282
   
2,337
   
3.80
     
250,209
     
2,910
   
4.61
 
Total interest-bearing deposits
   
1,323,177
   
10,551
   
3.16
     
1,162,187
     
10,593
   
3.62
 
Total interest-bearing liabilities
 
$
1,323,177
   
10,551
   
3.16
   
$
1,162,187
     
10,593
   
3.62
 
 
                                         
Noninterest-bearing liabilities:
                                         
Noninterest-bearing deposits
 
$
312,943
               
$
338,645
               
Other noninterest-bearing liabilities
   
12,435
                 
13,014
               
Total noninterest-bearing liabilities
   
325,378
                 
351,659
               
Shareholders’ equity
   
247,661
                 
209,451
               
Total liabilities and shareholders’ equity
 
$
1,896,216
               
$
1,723,297
               
 
                                         
Net interest income
       
$
22,265
                 
$
21,737
       
Net interest spread
               
3.86
%
                 
4.00
%
Net interest margin
               
4.76
%
                 
5.12
%

(1)
Nonaccrual loans are included in total loans


 
 
Net Interest Margin
 
 
 
For the Year Ended December 31,
 
 
 
2025
(unaudited)
   
2024
(unaudited)
 
 
 
Average
Balance
 
Interest
Income/
Expense
 
Average
Yield/
Rate
   
Average
Balance
 
Interest
Income/
Expense
 
Average
Yield/
Rate
 
 
 
(Dollars in thousands)
 
Interest-Earning Assets:
                           
Short-term investments
 
$
235,211
 
$
9,914
   
4.21
%
 
$
184,328
 
$
9,320
   
5.04
%
Debt securities, taxable-equivalent
   
46,599
   
1,085
   
2.33
     
90,184
   
2,531
   
2.80
 
Debt securities, tax exempt
   
12,042
   
246
   
2.04
     
16,651
   
273
   
1.64
 
Loans held for sale
   
1,448
   
-
   
-
     
343
   
-
   
-
 
Total loans(1)
   
1,483,112
   
117,513
   
7.92
     
1,391,552
   
119,416
   
8.56
 
Total interest-earning assets
   
1,778,412
   
128,758
   
7.24
     
1,683,058
   
131,540
   
7.79
 
Noninterest-earning assets
   
41,782
                 
39,555
             
Total assets
 
$
1,820,194
               
$
1,722,613
             
 
                                       
Funding sources:
                                       
Interest-bearing liabilities:
                                       
Deposits:
                                       
Transaction accounts
 
$
1,021,059
 
$
31,396
   
3.07
%
 
$
882,314
 
$
33,408
   
3.78
%
Time deposits
   
237,548
   
9,489
   
3.99
     
254,057
   
11,937
   
4.69
 
Total interest-bearing deposits
   
1,258,607
   
40,885
   
3.25
     
1,136,371
   
45,345
   
3.98
 
Total interest-bearing liabilities
 
$
1,258,607
 
$
40,885
   
3.25
   
$
1,136,371
 
$
45,345
   
3.98
 
 
                                       
Noninterest-bearing liabilities:
                                       
Noninterest-bearing deposits
 
$
317,743
               
$
381,660
             
Other noninterest-bearing liabilities
   
11,105
                 
12,419
             
Total noninterest-bearing liabilities
   
328,848
                 
394,079
             
Shareholders’ equity
   
232,739
                 
192,163
             
Total liabilities and shareholders’ equity
 
$
1,820,194
               
$
1,722,613
             
 
                                       
Net interest income
       
$
87,873
               
$
86,195
       
Net interest spread
               
3.99
%
               
3.81
%
Net interest margin
               
4.94
%
               
5.11
%

(1)
Nonaccrual loans are included in total loans


About Bank7 Corp.

We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate twelve locations in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets as well as pursue strategic acquisitions.

Conference Call

Bank7 Corp. has scheduled a conference call to discuss its fourth quarter results, which will be broadcast live over the Internet, on Thursday, January 15, 2026 at 9:00 a.m. central standard time. To participate in the call, dial 1-888-348-6421, or access it live over the Internet at https://app.webinar.net/bY1VLYELzkO. For those not able to participate in the live call, an archive of the webcast will be available at https://app.webinar.net/bY1VLYELzkO shortly after the call for 1 year.

Cautionary Statements Regarding Forward-Looking Information

This communication contains a number of forward-looking statements. These forward-looking statements reflect Bank7 Corp.’s current views with respect to, among other things, future events and Bank7 Corp.’s financial performance. Any statements about Bank7 Corp.’s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Any or all of the forward-looking statements in (or conveyed orally regarding) this presentation may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this presentation should not be regarded as a representation by Bank7 Corp. or any other person that the future plans, estimates or expectations contemplated by Bank7 Corp. will be achieved.

These forward-looking statements are subject to significant uncertainties because they are based upon:  the amount and timing of future changes in interest rates, market behavior, and other economic conditions; future laws, regulations, and accounting principles; changes in regulatory standards and examination policies, and a variety of other matters.  These other matters include, among other things, the impact the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators.  Bank7 Corp. has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that Bank7 Corp. believes may affect its financial condition, results of operations, business strategy and financial needs. Bank7 Corp.’s actual results could differ materially from those anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. If one or more events related to these or other risks or uncertainties materialize, or if Bank7 Corp.’s underlying assumptions prove to be incorrect, actual results may differ materially from what Bank7 Corp. anticipates. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made and Bank7 Corp. undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as may be required by law. All forward-looking statements herein are qualified by these cautionary statements.

Contact:
 
Thomas Travis
President & CEO
(405) 810-8600