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FOR IMMEDIATE RELEASE: Bank7 Corp. Announces Q3 2026 Earnings

Oklahoma City, October 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 September 30, 2026.  “We are pleased with another quarter of strong core results, including growth in the loan book despite significant payoffs, while also maintaining a healthy pipeline of new loans. The Company continues to benefit from high capital levels, robust liquidity, a strong net interest margin, and excellent credit quality, supported by our properly matched balance sheet and our position in dynamic markets. Regarding the Century merger, we are pleased to report that in addition to receiving all regulatory approvals, the Century Financial shareholders have approved the merger, which is expected to close on November 1, 2026. The merger will extend the franchise into New Mexico and will allow the Company’s proven model to leverage Century’s core deposits to provide a highly accretive impact on earnings,” said Thomas L. Travis, President and CEO of the Company.

For the three months ended September 30, 2026 compared to the three months ended June 30, 2026:


-
Net income of $10.20 million compared to $8.35 million, an increase of 22.25%

-
Earnings per share of $1.06 compared to $0.87, an increase of 21.84%

-
Total assets of $2.01 billion compared to $1.91 billion, an increase of 4.84%

-
Total loans of $1.63 billion compared to $1.60 billion, an increase of 2.22%

-
Pre-provision pre-tax earnings of $13.62 million compared to $11.02 million, an increase of 23.65%

-
Total interest income of $31.93 million compared to $30.93 million, an increase of 3.25%

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 September 30, 2026, the Bank’s Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 14.12%, 15.18%, and 16.31%, respectively. On September 30, 2026, on a consolidated basis, the Company’s Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 14.12%, 15.17%, and 16.30%, 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
 


September 30,
2026


June 30,
2026

Calculation of Pre-Provision Pre-Tax Earnings
 
(Dollars in thousands)
 
Net Income
 
$
10,203
   
$
8,346
 
Income Tax Expense
   
3,412
     
2,669
 
Pre-tax net income
   
13,615
     
11,015
 
Add back: Provision for credit losses
   
-
     
-
 
Add back: (Gain)Loss on sales/calls of AFS debt securities
   
5
     
-
 
Pre-provision pre-tax earnings
 
$
13,620
   
$
11,015
 


Unaudited Condensed Consolidated Balance Sheets
 (Dollar amounts in thousands, except par value)
 
Assets
 
September 30,
2026
(unaudited)
   
December 31,
2025
 

 
(Dollars in thousands)
 
Cash and due from banks
 
$
277,176
   
$
244,635
 
Interest-bearing time deposits in other banks
   
-
     
10,457
 
Available-for-sale debt securities (amortized cost of $51,714 and $57,316 at September 30,2026
and December 31, 2025, respectively)
   
47,539
     
54,019
 
Loans, net of allowance for credit losses of $19,367 and $19,407 at September 30, 2026 and
December 31, 2025, respectively
   
1,613,521
     
1,587,024
 
Loans held for sale
   
2,677
     
2,078
 
Premises and equipment, net
   
27,131
     
21,884
 
Nonmarketable equity securities
   
1,376
     
1,165
 
Core deposit intangibles
   
658
     
752
 
Goodwill
   
11,208
     
11,208
 
Interest receivable and other assets
   
25,700
     
30,418
 
 
               
Total assets
 
$
2,006,986
   
$
1,963,640
 
 
               
Liabilities and Shareholders’ Equity
               
 
               
Deposits
               
Noninterest-bearing
 
$
328,111
   
$
341,416
 
Interest-bearing
   
1,392,947
     
1,359,417
 
 
               
Total deposits
   
1,721,058
     
1,700,833
 
 
               
Income taxes payable
   
139
     
594
 
Interest payable and other liabilities
   
12,064
     
11,218
 
 
               
Total liabilities
   
1,733,261
     
1,712,645
 
 
               
Shareholders’ equity
               
Common stock, $0.01 par value; 50,000,000 shares authorized; shares
issued and outstanding: 9,525,856 and 9,462,656 at September 30, 2026 and December 31, 2025, respectively
   
95
     
95
 
Additional paid-in capital
   
104,575
     
103,739
 
Retained earnings
   
172,264
     
149,707
 
Accumulated other comprehensive loss
   
(3,209
)
   
(2,546
)
 
               
Total shareholders’ equity
   
273,725
     
250,995
 
 
               
Total liabilities and shareholders’ equity
 
$
2,006,986
   
$
1,963,640
 


Unaudited Condensed Consolidated Statements of Comprehensive Income
 (Dollar amounts in thousands, except per share data)
 
 
 
Three Months Ended
   
Nine Months Ended
 
 
 
September 30,
   
September 30,
 
 
 
2026
(unaudited)
   
2025
(unaudited)
   
2026
(unaudited)
   
2025
(unaudited)
 
Interest Income
 
(Dollars in thousands)
 
Loans, including fees
 
$
29,513
   
$
30,914
   
$
90,105
   
$
87,207
 
Interest-bearing time deposits in other banks
   
9
     
160
     
160
     
406
 
Debt securities, taxable
   
243
     
266
     
742
     
827
 
Debt securities, tax-exempt
   
57
     
60
     
176
     
187
 
Other interest and dividend income
   
2,110
     
2,317
     
5,460
     
7,315
 
 
                               
Total interest income
   
31,932
     
33,717
     
96,643
     
95,942
 
 
                               
Interest Expense
                               
Deposits
   
9,631
     
10,691
     
28,244
     
30,334
 
 
                               
Total interest expense
   
9,631
     
10,691
     
28,244
     
30,334
 
 
                               
Net Interest Income
   
22,301
     
23,026
     
68,399
     
65,608
 
 
                               
Provision for Credit Losses
   
-
     
700
     
-
     
700
 
 
                               
Net Interest Income After Provision for Credit Losses
   
22,301
     
22,326
     
68,399
     
64,908
 
 
                               
Noninterest Income
                               
Mortgage lending income
   
492
     
391
     
1,343
     
1,000
 
Loss on sales, prepayments, and calls of available-for-sale debt securities
   
(5
)
   
(10
)
   
(5
)
   
(10
)
Service charges on deposit accounts
   
235
     
248
     
699
     
697
 
Other
   
347
     
1,581
     
2,000
     
4,976
 
 
                               
Total noninterest income
   
1,069
     
2,210
     
4,037
     
6,663
 
 
                               
Noninterest Expense
                               
Salaries and employee benefits
   
5,740
     
5,829
     
18,267
     
16,829
 
Furniture and equipment
   
362
     
342
     
1,126
     
954
 
Occupancy
   
659
     
668
     
2,069
     
1,890
 
Data and item processing
   
562
     
515
     
1,650
     
1,615
 
Accounting, marketing and legal fees
   
902
     
221
     
1,924
     
484
 
Regulatory assessments
   
259
     
248
     
777
     
545
 
Advertising and public relations
   
171
     
212
     
441
     
629
 
Travel, lodging and entertainment
   
185
     
112
     
359
     
289
 
Other
   
915
     
2,203
     
5,372
     
5,729
 
 
                               
Total noninterest expense
   
9,755
     
10,350
     
31,985
     
28,964
 
 
                               
Income Before Taxes
   
13,615
     
14,186
     
40,451
     
42,607
 
Income tax expense
   
3,412
     
3,342
     
9,896
     
10,322
 
Net Income
 
$
10,203
   
$
10,844
   
$
30,555
   
$
32,285
 
 
                               
Earnings per common share - basic
 
$
1.07
   
$
1.15
   
$
3.21
   
$
3.42
 
Earnings per common share - diluted
   
1.06
     
1.13
     
3.18
     
3.38
 
Weighted average common shares outstanding - basic
   
9,524,105
     
9,450,984
     
9,511,608
     
9,440,655
 
Weighted average common shares outstanding - diluted
   
9,639,992
     
9,597,914
     
9,615,649
     
9,565,726
 
 
                               
Other Comprehensive (Loss) Income
                               
Unrealized (losses) gains on securities, net of tax (benefit) expense of ($209) and $223 for the three months ended September 30, 2026 and 2025, respectively; net of tax (benefit) expense of ($214) and $642 for the nine months ended September 30, 2026 and 2025, respectively
 
$
(640
)
 
$
713
   
$
(667
)
 
$
1,942
 
Reclassification adjustment for realized losses included in net income net of tax of $1 and $2 for the three months ended September 30, 2026 and 2025, respectively; $1 and $2 for the nine months ended September 30, 2026 and 2025, respectively
   
4
     
8
     
4
     
8
 
Other comprehensive (loss) income
 
$
(636
)
 
$
721
   
$
(663
)
 
$
1,950
 
Comprehensive Income
 
$
9,567
   
$
11,565
   
$
29,892
   
$
34,235
 
 
                               



 
Net Interest Margin
 

 
For the Three Months Ended September 30,
 

 
2026
(unaudited)
   
2025
(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
 
$
234,057
   
$
2,119
     
3.59
%
 
$
228,755
   
$
2,477
     
4.30
%
Debt securities, taxable
   
40,889
     
243
     
2.36
     
45,853
     
266
     
2.30
 
Debt securities, tax exempt
   
10,695
     
57
     
2.11
     
11,972
     
60
     
1.99
 
Loans held for sale
   
3,519
     
33
     
3.72
     
1,780
     
-
     
-
 
Total loans(1)
   
1,566,740
     
29,480
     
7.46
     
1,512,147
     
30,914
     
8.11
 
Total interest-earning assets
   
1,855,900
     
31,932
     
6.83
     
1,800,507
     
33,717
     
7.43
 
Noninterest-earning assets
   
40,508
                     
42,578
                 
Total assets
 
$
1,896,408
                   
$
1,843,085
                 
 
                                               
Funding sources:
                                               
Interest-bearing liabilities:
                                               
Deposits:
                                               
Transaction accounts
 
$
1,012,427
   
$
7,015
     
2.75
%
 
$
1,040,322
   
$
8,388
     
3.20
%
Time deposits
   
292,564
     
2,616
     
3.55
     
233,433
     
2,303
     
3.91
 
Total interest-bearing deposits
   
1,304,991
     
9,631
     
2.93
     
1,273,755
     
10,691
     
3.33
 
Total interest-bearing liabilities
 
$
1,304,991
     
9,631
     
2.93
   
$
1,273,755
     
10,691
     
3.33
 
 
                                               
Noninterest-bearing liabilities:
                                               
Noninterest-bearing deposits
 
$
308,711
                   
$
320,238
                 
Other noninterest-bearing liabilities
   
11,377
                     
11,501
                 
Total noninterest-bearing liabilities
   
320,088
                     
331,739
                 
Shareholders' equity
   
271,329
                     
237,591
                 
Total liabilities and shareholders' equity
 
$
1,896,408
                   
$
1,843,085
                 
 
                                               
Net interest income
         
$
22,301
                   
$
23,026
         
Net interest spread
                   
3.90
%
                   
4.10
%
Net interest margin
                   
4.77
%
                   
5.07
%

(1)
Nonaccrual loans are included in total loans


 
 
Net Interest Margin
 
 
 
For the Nine Months Ended September 30,
 
 
 
2026
(unaudited)
   
2025
(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
 
$
209,553
   
$
5,620
     
3.59
%
 
$
238,118
   
$
7,721
     
4.34
%
Debt securities, taxable
   
42,196
     
742
     
2.35
     
47,248
     
827
     
2.34
 
Debt securities, tax exempt
   
10,906
     
176
     
2.16
     
12,327
     
187
     
2.03
 
Loans held for sale
   
2,506
     
93
     
4.96
     
1,453
     
-
     
-
 
Total loans(1)
   
1,583,699
     
90,012
     
7.60
     
1,453,557
     
87,207
     
8.02
 
Total interest-earning assets
   
1,848,860
     
96,643
     
6.99
     
1,752,703
     
95,942
     
7.32
 
Noninterest-earning assets
   
39,059
                     
41,871
                 
Total assets
 
$
1,887,919
                   
$
1,794,574
                 
 
                                               
Funding sources:
                                               
Interest-bearing liabilities:
                                               
Deposits:
                                               
Transaction accounts
 
$
1,024,563
   
$
20,958
     
2.73
%
 
$
1,001,583
   
$
23,182
     
3.09
%
Time deposits
   
273,187
     
7,286
     
3.57
     
235,278
     
7,152
     
4.06
 
Total interest-bearing deposits
   
1,297,750
     
28,244
     
2.91
     
1,236,861
     
30,334
     
3.28
 
Total interest-bearing liabilities
 
$
1,297,750
   
$
28,244
     
2.91
   
$
1,236,861
   
$
30,334
     
3.28
 
 
                                               
Noninterest-bearing liabilities:
                                               
Noninterest-bearing deposits
 
$
316,459
                   
$
319,346
                 
Other noninterest-bearing liabilities
   
10,023
                     
10,657
                 
Total noninterest-bearing liabilities
   
326,482
                     
330,003
                 
Shareholders' equity
   
263,687
                     
227,710
                 
Total liabilities and shareholders' equity
 
$
1,887,919
                   
$
1,794,574
                 
 
                                               
Net interest income
         
$
68,399
                   
$
65,608
         
Net interest spread
                   
4.08
%
                   
4.04
%
Net interest margin
                   
4.95
%
                   
5.00
%

(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 third quarter results, which will be broadcast live over the Internet, on Thursday, October 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/zy8DdJzd536. For those not able to participate in the live call, an archive of the webcast will be available at https://app.webinar.net/zy8DdJzd536 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 timing of the closing of the acquisition of Century Financial Services Corporation; 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 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