8-K - BSVN - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

    CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

April 30, 2020

Bank7 Corp.

(Exact name of registrant as specified in its charter)

Oklahoma	001-38656	20-0764349
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1039 N.W. 63rd Street, Oklahoma City, Oklahoma 73116

(Address of principal executive offices) (Zip Code)

(405) 810-8600

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading<br><br> <br>Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value	BSVN	The NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☑

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02.	Results of Operations and Financial Condition
Item 7.01	Regulation FD Disclosure
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On April 30, 2020, Bank7 Corp. (the “Company”), the holding company for Bank7, issued a press release announcing its results of operation and financial condition for the three month period ended March 31, 2020. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

The Company is conducting a conference call on April 30, 2020 at 3:00 pm ET to discuss its first quarter 2020 financial results. A copy of the presentation slides to be used during the earnings call is attached to this Current Report on Form 8-K as Exhibit 99.2 and is incorporated herein by reference.

In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1 and Exhibit 99.2, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act except as shall be expressly set forth by specific reference in such filing.

Item 9.01	Financial Statements and Exhibits
(d)	Exhibits.
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The following exhibits are filed herewith:

Item	Description
99.1	Press Release dated April 30, 2020
99.2	First Quarter 2020 Investor Presentation

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BANK7 CORP.
Date: April 30, 2020	By:	/s/ Kelly J. Harris
		Kelly J. Harris
		Senior Vice President and Chief Financial Officer

Exhibit 99.1

FOR IMMEDIATE RELEASE: Bank7 Corp. Announces 1Q 2020 Earnings

Oklahoma City, OK, April 30, 2020 – Bank7 Corp. (NASDAQ: BSVN) ("the Company"), the parent company of Oklahoma City-based Bank7 (the "Bank"), today reported unaudited results for the fiscal quarter ended March 31, 2020. “Our first quarter financial results were very good, but before moving into the data, we start by acknowledging the current pandemic-induced environment and its terrible effect on all aspects of our lives. We are especially mindful and grateful to our Bank7 teammates, and will continue to work together to support each other, our customers, and our communities. Working together, we will overcome this. Regarding our financial results, you can see that we benefited from robust loan growth, and our ability to maintain a strong NIM, especially considering the collapse in interest rates,” said Thomas L. Travis, President and CEO of the Company.

Three months ended March 31, 2020 compared to three months ended March 31, 2019:

-	Pre-tax, pre-provision income of $7.4 million, an increase of 8.62%
-	Interest income on loans, including loan fee income, totaled $13.1 million, a 12.78% increase
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-	Total assets of $974.4 million, an increase of 23.77%
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-	Total loans of $785.7 million, an increase of 33.94%
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-	Total deposits of $871.0 million, an increase of 26.84%
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Additional Highlights

For the three months ended March 31, 2020 compared to three months ended March 31, 2019:

-	Cost of funds was 1.09%, a decrease of 21.17%
-	Average loans of $747.8 million, an increase of 27.52%
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-	Core deposits of $757.7 million, an increase of 23.83%
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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. At March 31, 2020 the Tier 1 leverage ratio, Tier 1 risk based capital ratio, and total risk-based capital ratios were 10.97%, 12.45%, and 13.56% respectively for the Bank. At March 31, 2020 the Tier 1 leverage ratio, Tier 1 risk based capital ratio, and total risk-based capital ratios were 10.86%, 12.30%, and 13.41% respectively for the Company on a consolidated basis. Designation as a well-capitalized institution under regulations does not constitute a recommendation or endorsement by bank regulators.

Pre-tax, pre-provision net income is defined as income before taxes and provision for loan losses. We believe the most directly comparable GAAP financial measure is income before taxes. Disclosure of this measure enables you to compare our operations to those of other banking companies before consideration of taxes and provision expense. We calculate our tax-adjusted net income, return on average assets, and return on average equity, and per share amounts by using a combined effective tax rate for federal and state income taxes of 25.3% and 25.0% in the first quarter of 2020 and 2019, respectively. We acknowledge that our non-GAAP financial measures have a number of limitations. As such, you should not view these disclosures as a substitute for results determined in accordance with GAAP, and they are not necessarily comparable to non-GAAP financial measures that other banking companies use. Other banking companies may use names similar to those we use for non-GAAP financial measures we disclose, but may calculate them differently. You should understand how we and other companies each calculate their non-GAAP financial measures when making comparisons. The following reconciliation table provides a more detailed analysis of these non-GAAP financial measures:

	Three months ended<br><br> <br>March 31,
(Dollars in thousands, except per share data)	2020			2019
Loan interest income (excluding loan fees)
Total loan interest income, including loan fee income	$	13,106		$	11,622
Loan fee income		(1,260	)		(1,289	)
Loan interest income excluding loan fee income	$	11,846		$	10,333
Average total loans	$	747,774		$	586,408
Yield on loans (including loan fee income)		7.05	%		8.04	%
Yield on loans (excluding loan fee income)		6.37	%		7.15	%
Net interest margin (excluding loan fees)
Net interest income	$	11,432		$	10,353
Loan fee income		(1,260	)		(1,289	)
Net interest income excluding loan fees	$	10,172		$	9,064
Average earning assets	$	866,047		$	745,739
Net interest margin (including loan fee income)		5.31	%		5.63	%
Net interest margin (excluding loan fee income)		4.72	%		4.93	%
Pre-tax, pre-provision net earnings
Net income before income taxes	$	6,759		$	6,821
Plus: Provision (reversal of) for loan losses		(650	)		-
Pre-tax, pre-provision net earnings	$	7,409		$	6,821
Adjusted provision for income tax
Net income before income taxes	$	6,759		$	6,821
Total effective adjusted tax rate		25.3	%		25.0	%
Adjusted provision for income taxes	$	1,708		$	1,705
Tax-adjusted net income
Net income before income taxes	$	6,759		$	6,821
Adjusted provision for income taxes		1,708			1,705
Tax-adjusted net income	$	5,051		$	5,116
Tax-adjusted ratios and per share data
Tax-adjusted net income (numerator)	$	5,051		$	5,116
Average assets (denominator)	$	874,803		$	754,176
Tax-adjusted return on average assets		2.32	%		2.75	%
Average shareholders' equity (denominator)	$	101,718		$	90,813
Tax-adjusted return on average shareholders' equity		19.97	%		22.85	%
Average tangible common equity (denominator)	$	99,957		$	88,839
Tax-adjusted return on average tangible common equity		20.32	%		23.35	%
Weighted average common shares outstanding basic (denominator)		9,973,359			10,187,500
Tax-adjusted net income per common share--basic	$	0.51		$	0.50
Weighted average common shares outstanding diluted (denominator)		9,973,819			10,187,500
Tax-adjusted net income per common share--diluted	$	0.51		$	0.50
Tangible assets
Total assets	$	974,350		$	787,236
Less: Goodwill and intangibles		(1,737	)		(1,943	)
Tangible assets	$	972,613		$	785,293
Tangible shareholders' equity
Total shareholders' equity	$	97,616		$	93,753
Less: Goodwill and intangibles		(1,737	)		(1,943	)
Tangible shareholders' equity	$	95,879		$	91,810
Tangible shareholders' equity
Tangible shareholders' equity (numerator)	$	95,879		$	91,810
Tangible assets (denominator)	$	972,613		$	785,293
Tangible common equity to tangible assets		9.86	%		11.69	%
End of period common shares outstanding		9,264,412			10,187,500
Book value per share	$	10.54		$	9.20
Tangible book value per share	$	10.35		$	9.01
Total shareholders' equity to total assets		10.02	%		11.91	%

			Net Interest Margin Excluding Loan Fee Income
			For the Three Months Ended March 31,
	2020							2019
	Average<br><br> <br>Balance		Interest<br><br> <br>Income/<br><br> <br>Expense		Average<br><br> <br>Yield/<br><br> <br>Rate			Average<br><br> <br>Balance		Interest<br><br> <br>Income/<br><br> <br>Expense		Average<br><br> <br>Yield/<br><br> <br>Rate
	(Dollars in thousands)
Interest-earning assets:
Short-term investments^(1)^	$	117,046	$	398		1.37	%	$	158,068	$	956		2.45	%
Investment securities^(2)^		1,100		3		1.10			1,055		—		0.00
Loans held for sale		127		—		0.00			208		—		0.00
Total loans^(3)^		747,774		11,846		6.37			586,408		10,333		7.15
Total interest-earning assets		866,047		12,247		5.69			745,739		11,289		6.14
Noninterest-earning assets		8,756							8,437
Total assets	$	874,803						$	754,176
Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	342,406		1,010		1.19	%	$	285,289		1,299		1.85	%
Time deposits		205,085		1,065		2.09			192,499		925		1.95
Total interest-bearing deposits		547,491		2,075		1.52			477,788		2,224		1.89
Other borrowings		—		—		0.00			—		—		0.00
Total interest-bearing liabilities		547,491		2,075		1.52			477,788		2,224		1.89
Noninterest-bearing liabilities:
Noninterest-bearing deposits		221,000							179,801
Other noninterest-bearing liabilities		4,594							5,774
Total noninterest-bearing liabilities		225,594							185,575
Shareholders’ equity		101,718							90,813
Total liabilities and shareholders’ equity	$	874,803						$	754,176
Net interest income including loan fee income			$	10,172						$	9,064
Net interest spread including loan fee income^(4)^						4.16	%						4.25	%
Net interest margin including loan fee income						4.72	%						4.93	%

	Net Interest Margin With Loan Fee Income
	For the Three Months Ended March 31,
	2020							2019
	Average<br><br> <br>Balance		Interest<br><br> <br>Income/<br><br> <br>Expense		Average<br><br> <br>Yield/<br><br> <br>Rate			Average<br><br> <br>Balance		Interest<br><br> <br>Income/<br><br> <br>Expense		Average<br><br> <br>Yield/<br><br> <br>Rate
	(Dollars in thousands)
Interest-earning assets:
Short-term investments^(1)^	$	117,046	$	398		1.37	%	$	158,068	$	956		2.45	%
Investment securities^(2)^		1,100		3		1.10			1,055		—		0.00
Loans held for sale		127		—		0.00			208		—		0.00
Total loans^(3)^		747,774		13,106		7.05			586,408		11,622		8.04
Total interest-earning assets		866,047		13,507		6.27			745,739		12,578		6.84
Noninterest-earning assets		8,756							8,437
Total assets	$	874,803						$	754,176
Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	342,406		1,010		1.19	%	$	285,289		1,299		1.85	%
Time deposits		205,085		1,065		2.09			192,499		925		1.95
Total interest-bearing deposits		547,491		2,075		1.52			477,788		2,224		1.89
Other borrowings		—		—		0.00			—		—		0.00
Total interest-bearing liabilities		547,491		2,075		1.52			477,788		2,224		1.89
Noninterest-bearing liabilities:
Noninterest-bearing deposits		221,000							179,801
Other noninterest-bearing liabilities		4,594							5,774
Total noninterest-bearing liabilities		225,594							185,577
Shareholders’ equity		101,718							90,813
Total liabilities and shareholders’ equity	$	874,803						$	754,176
Net interest income excluding loan fee income			$	11,432						$	10,353
Net interest spread excluding loan fee income^(4)^						4.75	%						4.95	%
Net interest margin excluding loan fee income						5.31	%						5.63	%
(1)	Includes income and average balances for fed funds sold, interest-earning deposits in banks and other miscellaneous interest-earning assets.
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(2)	Includes income and average balances for FHLB and FRB stock.
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(3)	Non-accrual loans are included in loans.
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(4)	Net interest spread is the average yield on interest-earning assets minus the average rate on interest-bearing liabilities.
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Bank7 Corp.

Consolidated Balance Sheets

Dollars in thousands, exceper per share data	Unaudited as of
	March 31,		December 31,
Assets	2020		2019
Cash and due from banks	$	148,626	$	117,128
Interest-bearing time deposits in other banks		30,102		30,147
Loans, net		777,220		699,458
Loans held for sale		-		1,031
Premises and equipment, net		9,644		9,624
Nonmarketable equity securities		1,089		1,100
Goodwill and intangibles		1,737		1,789
Interest receivable and other assets		5,932		6,115
Total assets	$	974,350	$	866,392
Liabilities and Shareholders’ Equity
Deposits
Noninterest-bearing	$	254,735	$	219,221
Interest-bearing		616,221		538,262
Total deposits		870,956		757,483
Income taxes payable		1,817		357
Interest payable and other liabilities		3,961		8,426
Total liabilities		876,734		766,266
Common stock		93		101
Additional paid-in capital		92,571		92,391
Retained earnings		4,952		7,634
Total shareholders’ equity		97,616		100,126
Total liabilities and shareholders’ equity	$	974,350	$	866,392

Bank7 Corp.

Consolidated Statements of Income

	Unaudited as of
	Quarter Ended
	March 31,
Dollars in thousands, exceper per share data	2020		2019
Interest Income
Loans, including fees	$	13,106	$	11,622
Interest-bearing time deposits in other banks		162		417
Interest-bearing deposits in other banks		239		538
Total interest income		13,507		12,577
Interest Expense
Deposits		2,075		2,224
Total interest expense		2,075		2,224
Net Interest Income		11,432		10,353
Provision for Loan Losses		650		-
Net Interest Income After Provision for Loan Losses		10,782		10,353
Noninterest Income
Secondary market income		38		37
Service charges on deposit accounts		119		60
Other		173		126
Total noninterest income		330		223
Noninterest Expense
Salaries and employee benefits		2,474		2,171
Furniture and equipment		216		159
Occupancy		461		343
Data and item processing		276		262
Accounting, marketing and legal fees		126		147
Regulatory assessments		23		32
Advertising and public relations		269		186
Travel, lodging and entertainment		53		42
Other		455		413
Total noninterest expense		4,353		3,755
Income Before Taxes		6,759		6,821
Income tax expense		1,708		1,705
Net Income	$	5,051	$	5,116
Earnings per common share - basic	$	0.51	$	0.50
Diluted earnings per common share		0.51		0.50
Weighted average common shares outstanding - basic		9,973,359		10,187,500
Weighted average common shares outstanding - diluted		9,973,819		10,187,500

About Bank7 Corp.

We are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate nine 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 first quarter results, which will be broadcast live over the Internet, on Thursday, April 30 at 3:00 p.m. Eastern Time. To participate in the call, dial 1-888-348-6421, or access it live over the Internet at https://www.webcaster4.com/Webcast/Page/2179/34185. For those not able to participate in the live call, an archive of the webcast will be available at https://www.webcaster4.com/Webcast/Page/2179/34185 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 of COVID-19 on the United States economy and our operations, 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.

About Non-GAAP Financial Measures

This communication includes certain non-GAAP financial measures, including tax-adjusted net income, tax-adjusted earnings per share, tax-adjusted return on average assets and tax-adjusted return on average shareholders’ equity. These non-GAAP financial measures and any other non-GAAP financial measures that we discuss in this presentation should not be considered in isolation, and should be considered as additions to, and not substitutes for or superior to, measures of financial performance prepared in accordance with GAAP. There are a number of limitations related to the use of these non-GAAP financial measures versus their nearest GAAP equivalents. For example, other companies may calculate non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of Bank7 Corp.’s non-GAAP financial measures as tools for comparison. See the table above in this communication for a reconciliation of the non-GAAP financial measures used in (or conveyed orally during) this communication to their most directly comparable GAAP financial measures.

Contact:

Thomas Travis

President & CEO

(405) 810-8600

Exhibit 99.2

Corporate Overview NASDAQ: BSVN March 31, 2019 March 31, 2020 $ Change % Change Assets $787 million $974 million $187 million 23.8% Loans $587 million $786 million $199 million 33.9% Deposits $687 million $871 million $184 million 26.8% Historically Ranked as One of the Top Performing Community Banks in the United States.(1)Track Record of Strong Profitability and Expense Control.Intense Focus on Underwriting and Asset Quality.Scalable and Consistently Growing Platform.A company that provides commercial banking services to businesses and their owners, 98.6% of our loans are commercial purpose loans. We deliver our products and services using a “branch-lite” model. Bank7 and its bankers are relationship bankers. Those factors, combined with our superb efficiency ratio and revenue per employee metrics, consistently produce strong profits, which provides a healthy shock-absorption cushion to our already-high levels of capital. (1) Best-performing community banks of 2018 under $3B in assets, S&P Global Market Intelligence - https://www.spglobal.com/marketintelligence/en/news-insights/trending/5zt6a8x6w9-uBR3RAAq5xg2 1

Corporate Overview NASDAQ: BSVN March 31,2019 March 31,2020 $ Change % Change Assets $787 million $974 million $187 million 23.8% Loans $587 million $786 million $199 million 33.9% Deposits $687 million $871 million $184 million 26.8% A company that provides commercial banking services to businesses and their owners, 98.6% of our loans are commercial purpose loans. We deliver our products and services using a “branch-lite” model. Bank7 and its bankers are relationship bankers.Those factors, combined with our superb efficiency ratio and revenue per employee metrics, consistently produce strong profits, which provides a healthy shock-absorption cushion to our already-high levels of capital.Historically Ranked as One of the Top Performing Community Banks in the United States.(1)Track Record of Strong Profitability and Expense Control.Intense Focus on Underwriting and Asset Quality.Scalable and Consistently Growing Platform. (1) Best-performing community banks of 2018 under $3B in assets, S&P Global Market Intelligence -https://www.spglobal.com/marketintelligence/en/news‐insights/trending/5zt6a8x6w9‐uBR3RAAq5xg2 1

First Quarter Accomplishments Strong Core Earnings • Loan growth and our stable net interest margin increased our net interest income, which also increased pre-tax, pre-provision income(1) by $588,000 YoY, or 8.6% from $6.8 million in Q1 2019, and did so in spite of falling interest rates.The Company earned $10.2 million in net interest income excluding loan fees in Q1 2020 compared to $9.1 million for Q1 2019(2). All-time Highs & Robust Growth • Ended the quarter with $974.4 million in total assets, $785.7 million in total loans, and$871.0 million in total deposits.Changes from Q1 2019 to Q1 2020:Total assets increased $187.1 million, or 23.8%Total loans increased $199.1 million, or 33.9%Total deposit growth of $184.3 million, or 26.8%Despite our growth in assets, we have maintained a strong liquidity ratio, 20.39% as of quarter-end. 2 Capital Management • We paid our quarterly dividend of 10 cents per share (40 cents per share or 5.0% yield annualized based on a share price of $7.94).The Board of Directors approved an expansion of the stock buyback program, and as of quarter-end, the Company had repurchased approximately 793,000 shares, at an average price of $8.59 per share (83.8% of average Q1 tangible book value).Share repurchases were immediately accretive, as we ended the quarter with a tangible book value per share of $10.35, versus $10.22 without share repurchases. Pre-tax, pre-provision income is a non-GAAP financial measure. See Appendix for reconciliation to its most comparable GAAP measure.Net interest income excluding fees is a non-GAAP financial measure. See non-GAAP reconciliation table for reconciliation to its most comparable GAAP measure.

Income Statement as a Percentage of Average Assets 3 2016 2017 2018 2019 Peer Group Peer Group Peer Group Peer Group Median(1) BSVN Median(1) BSVN Median(1) BSVN Median(1) BSVN(2) Net Interest Income 3.29% 5.07% 3.30% 5.79% 3.42% 5.38% 3.37% 5.28% Non-Interest Income 0.75% 0.28% 0.72% 0.22% 0.66% 0.18% 0.69% 0.16% Non-Interest Expense 2.75% 2.23% 2.70% 2.21% 2.72% 2.03% 2.64% 2.08% Pre-tax, Pre-provision Earnings 1.36% 3.12% 1.42% 3.80% 1.50% 3.53% 1.46% 3.36% Provision Expense 0.11% 0.26% 0.11% 0.19% 0.10% 0.03% 0.08% 0.00% Net Income 0.90% 1.77% 0.76% 2.17% 1.11% 2.72% 1.10% 2.51% ROATCE 9.86% 22.01% 8.37% 23.58% 11.55% 26.61% 11.16% 19.85% Net Interest Margin 3.60% 5.16% 3.67% 5.87% 3.73% 5.49% 3.65% 5.35% Efficiency Ratio 65.13% 41.48% 63.16% 35.98% 61.84% 36.02% 62.63% 38.53% Pre-tax Pre-provision Return on Average Assets 3.12% 3.80% 3.53% 3.36% 1.36% 1.42% 1.50% 1.46% 4.00%3.50%3.00%2.50%2.00%1.50%1.00%0.50%0.00% 2016 2017 2018 2019 Peers BSVNDollars are in thousandsIncludes major exchange-traded banks nationwide with assets between $500mm-$5bn (192 banks); Source: S&P Global Market Intelligence.Excludes non-cash executive stock transfer compensation expense of $11,796.

4 Ability to withstand pandemic-induced economic stress illustrated over two years Dollars are in millionsThe above is simply an illustration and should not be considered a projection or forward-looking guidance of any kind.Excess capital to target ratio expressed in % is the difference between the actual ratio and regulatory minimum divided by the regulatory minimum.Excess capital to target ratio expressed in $ is the excess capital % multiplied by either average assets or risk-weighted assets, assuming a static balance sheet over the next 24 months.Trailing twelve months pre-tax pre-provision income of $27.45 million extrapolated over two years. Excludes the one-time non-cash executive stock transaction in Q3 2019.Assumes a quarterly $0.10 dividend over the next two years based on the current share count of 9,264,412. Shock-Absorption Less: $0.10 Total Shock Regulatory Q1 2020 Excess Capital Excess Capital to Add: Pre-Tax Pre- quarterly Absorption Ability Minimum Capital to Target Ratio Target Ratio Provision Income dividend over Prior to Hitting Reg Target Ratio Ratios Expressed in %(1) Expressed in $(2) Cushion(3) two years(4) Minimums Tier 1 Leverage Ratio 4% 10.86% 171.50% $60.0 + $54.9 - $7.4 = $107.5 Common Equity Tier 1 Ratio 7% 12.30% 75.71% $40.9 + $54.9 - $7.4 = $88.4 Tier 1 Risk Based Capital Ratio 8.5% 12.30% 44.71% $29.3 + $54.9 - $7.4 = $76.8 Total Risk Based Capital Ratio 10.5% 13.41% 27.71% $22.4 + $54.9 - $7.4 = $69.9

$8.3 $10.4 $14.3 $20.1 $8.2 $5.1 $5.1 2015 2016 2017 2018 2019 Q1 2019 Q1 20208.6% increase YoY Bank7 Corp. Key Statistics For the Three Months Ended March 31, 2020 After Tax Net Income(2)(3) Dollars are in millions.Financial data is as of or for the twelve months ended December 31 of each respective year or the three months ended March 31, 2020. Tangible shareholders’ equity and tangible shareholders’ equity to tangible assets are non-GAAP financial measures. See non-GAAP reconciliation table for reconciliation to their most comparable GAAP measures.Profitability metrics are tax-adjusted as if the Company were a C Corporation at the estimated tax rates for the respective periods. Combined federal and state effective tax rates for the three months ended March 31, 2019 and 2020 were 25.0% and 25.3% respectively.Pro Forma 2019 net income is a non-GAAP financial measure which adds back the one-time, extraordinary compensation expense related to the non-cash executive stock transaction that took place during the period. See Pro Forma Net Income reconciliation table for detailed calculation of this measure.Net interest margin (excluding loan fee income) is a non-GAAP financial measure. See non-GAAP reconciliation table for reconciliation to its most comparable GAAP measure. Total Assets 5 Balance Sheet Total assets $974.4 Total loans 785.7 Total deposits 871.0 Noninterest-bearing deposits 254.7 Tangible shareholders' equity (1) 95.9 Profitability Net Income $5.1 Efficiency ratio 37.00% Return on average assets 2.32 Return on average tangible common equity 20.32 Net interest margin 5.31 Net interest margin (excluding loan fee income) (4) 4.72 Loans to deposits 90.2 Capital Ratios Tangible shareholders' equity to tangible assets (1)Tier 1 leverage ratioTier 1 risk-based capital ratio Total risk-based capital ratio 9.86%10.8612.3013.41 Asset Quality Nonperforming assets to loans and OREO 0.42% Nonperforming loans to total loans 0.42 Allowance for loan losses to total loans 1.08 Allowance for loan losses to nonperforming loans 256.7 Net charge-offs to average loans -0.002 $974.4$866.4$770.5$703.6$613.8$563.5 2015 2016 2017 2018 2019 Q1 2020 Pro Forma$20.0 Pre-tax Pre-provision$6.8 Pre-tax Pre-provision$7.4

$7.5 $8.5 $8.8 $10.7 $11.1 $12.2 2.29% 2.23% 2.21% 2.05% 2.00% 5.00%4.50%4.00%3.50%3.00%2.50%2.00%1.50%1.00%0.50%0.00% 2015

          2016 2017 2018  2019  Q1 2020  $1.0  $2.5  $4.0  $5.5  $7.0  $8.5  $10.0  $11.5  $13.0            Assets / Full-time equivalent employee Noninterest expense to average assets                21.1%  21.7%  23.3%  8.6%  20.3%  2015  Q1
          2020                1.65%  1.78%  2.17%  1.03%  2.32%  2015  2016  2019  Q1 2020                41.9%  42.3%  37.2%  37.0%  65.4%  37.0%  2015 2016 2017 2018 2019 Q1 2020  A Continuation of BSVN Exceptional Performance      Return on Average
          Assets \(1\)\(2\)      Return on Average Tangible Common Equity \(1\) \(2\)  Dollars are in millionsFinancial data is as of or for the twelve months ended December 31 of each respective year or for the three months ended March 31, 2020.\(1\)
          Profitability metrics are tax-adjusted as if the Company were a C Corporation at the estimated tax rates for the respective periods.  \(2\) Pro Forma YTD ROAA, ROATCE, efficiency ratio, and noninterest expense to average assets ratio are
          non-GAAP financial measures. See non-GAAP reconciliation table for reconciliation to their most comparable GAAP measures.      2016 2017 2018 2019Leveraging Our Employee Base\(2\)      2017 2018Efficiency Ratio\(2\)  We continue to produce
          excellent returns on average assets \(ROAA\) and also on average tangible common equity \(ROATCE\). Annualized ROAA and ROATCE for the quarter were 2.35% and 20.5%, respectively.We have maintained our excellent efficiency ratio, as highlighted by
          our low noninterest expense to average assets ratio. Our efficiency ratio for the quarter was 37.0%.  6  5 ‐ y e a r a v e r a g e : 2 . 1 7 % 2.75%      5 ‐ y e a r a v e r a g e : 2 2 . 7 % 26.4%    Forma    Pro Forma  2.08%Pro Forma  Pro
          Forma      38.3%    2.51%Pro    20.9%      3.56%Actual

$5.1 $5.1 Net Income March 31, 2019 March 31, 2020 Balance Sheet and Earnings Growth Dollars are in millions, except earnings per share.Financial data is as of the twelve months ended December 31 of each respective year or as of or for the three months ended March 31, 2020 and 2019.(1) Tangible book value per share is a non-GAAP financial measure. See Appendix for reconciliation to its most comparable GAAP measure. Balance Sheet and Earnings Growth Tangible Book Value (1) For Q1, tangible book value per share grew by $0.57, or 5.8% (23.4% annualized).Balance sheet growth remains strong YOY, highlighted by 33.9% of loan growth, deposit growth of 26.8%, 23.8% total asset growth and 4.2% growth in total shareholders’ equity.We grew pre-tax, pre-provision earnings by 8.62% YOY in a falling interest rate environment, despite expenses related to our newly opened Dallas and Tulsa locations. 7 $93.8 $97.6 Total shareholders' equity $787.2 $586.6 $686.7 $974.4 $785.7 $871.0 Total assets Total loans Total deposits $7.24 $7.92 $8.49 $9.78 $10.35 2016 2017 2018 2019 Q1 '20

Net Interest Margin Financial data is as of or for the twelve months ended December 31 of each respective year, and as of the three months ended March 31, 2020.Net interest margin (excluding loan fee income) is a non-GAAP financial measure. See Appendix for reconciliation to their most comparable GAAP measures. Net Interest Margin Net interest margin excluding loan fee income continues to remain well within our historical range. 8 4.63% 4.37% 4.59% 4.78% 4.78% 4.72% 0.62% 0.79% 1.28% 0.71% 0.57% 0.59% 5.25% 5.16% 5.87% 5.49% 5.35% 5.31% 2015 2016 2017 2018 2019 Q1 2020 Net Interest Margin (excluding loan fee income) Loan Fee Income Contribution

0.07% 0.09% 0.004% 2016 2017 2018 -0.002%2019 -0.002%Q1 2020 Nonperforming Assets to Loans and OREO Asset Quality Asset quality remained strong, our quality underwriting and disciplined lending practices continued to produce low levels of nonperforming assets. ALLL increased by $650,000, or 8.3%. Net recoveries of $17,000 in Q1 2020. We have experienced low historical net charge-offs and virtually zero oil & gas related charge-offs. 9 0.45% 0.35% 0.45% 0.47% 0.42% 2016 2017 2018 2019 Q1 2020Allowance for Loan Losses to Total Loans 1.37% 1.36% 1.31% 1.11% 1.08% 2016 2017 2018 2019Net Charge-Offs to Average Loans Q1 2020 319.53% Allowance for Loan Losses to Nonperforming Loans404.55% 299.50% 235.40% 256.72% 2016 2017 2018 2019 Q1 2020Financial data is as of or for the twelve months ended December 31 of each respective year and as of or for the three months ended March 31, 2020.

Diversified Loan Portfolio Dollars are in millions. Data as of March 31, 2020. Gross Loan Portfolio Composition by Purpose Type Agricultural Non- Farmland$25.943.3% Agricultural Farmland$25.00 3.2% Hospitality construction$14.88 1.9%Commercial construction$32.79 4.2% 1-4 family construction$39.65 5.0% 1-4 family (commercial purpose)$34.764.4% Owner-occupied CRE$71.17 9.0% Hospitality - operational properties CRE$160.6520.4% Non-owner-occupied CRE$48.65 6.2% Energy - service companies$32.174.1%Energy - midstream$21.99 2.8% Energy - mineral / royalty interest$28.323.6% Energy - exploration & production$13.761.7% Commercial and industrial$227.0628.8% Consumer$10.90 1.4% Loan Portfolio Trends - Selected Categories % of Total % of Total C&I $73.87 32% $60.58 21% $117.41 37% Q1 2019 Loans Q1 2020 Loans Hospitality 72.16 31% 98.63 35% 115.70 37% Top 20 Relationships Industry 12/31/2018 12/31/2019 3/31/2020 Commercial & industrial $124.88 21.24% $227.06 28.83% CRE - Owner Occupied 9.65 4% 47.96 17% 48.70 16% Hospitality 137.36 23.42% 175.53 22.28% Energy 64.22 28% 49.72 17% 31.46 10% Energy 105.60 18.00% 96.24 12.22% Other 12.38 5% 28.98 10% - 0% Agricultural 56.99 9.71% 50.94 6.47% $232.28 $285.86 $313.27 10

Hospitality Loan Portfolio Detail 11 Blue collar portfolio that is better protected by the “cycle-down” effect of a recession. Experienced owner/operators with decades of history that spans multiple recessions.Our operators only need 45-55% occupancy to amortize debt. Diversified exposure to many reputable brands. Mix of business, leisure, and interstate travel dependency. Economy 16 $34.28 Midscale 22 111.43 Upper Midscale 5 29.82 Upscale 0 - Luxury 0 - Grand Total 43 $175.53 Hotel Portfolio Exposure by Class Number Balance as of Flag Type of Hotels Q1 2020 Hotel Portfolio Exposure by Flag# of Balance as of Hotel Flag hotels Q1 2020 Springhill Suites by Marriott 3 $34.29 Aloft Hotel 3 20.89 Holiday Inn Express & Suites 4 20.06 Home2 Suites - Hilton 2 8.93 La Quinta Inn & Suites 4 14.22 Quality Inn & Suites 3 15.43 Wingate by Wyndham Hotel 2 13.70 Red Roof Inn 3 9.35 Best Western 2 10.86 Other Brands 13 23.27 Independent 4 4.52 Grand Total 43 $175.53 Dollars are in millions.

Hospitality Loan Portfolio Detail 12 Equity advantage – Average loan per room is $45,400 vs. estimated replacement cost of $115,000 per room.Consistent underwriting fundamentals. Concentrated in “Drive-To” markets with no exposure to “Gateway” cities.No exposure to towns or cities that are heavily dependent on the energy space. Portfolio Metrics – 34 Operating Properties Dollars are in millions except per room data. Data as of March 31, 2020. Average Loan Size $4.73 Average Loan to Value 62% Average DCR 1.34 Average Remaining Amortization 15.1 Years Metro # OutstandingBalance Commitment Dallas/Ft. Worth Metro Area 25 $102.44 58.36% $162.80 69.02% Other Texas Metros 9 30.26 17.24% 30.26 12.83% Other 9 42.83 24.40% 42.83 18.16% Grand Total 43 $175.53 100.00% $235.89 100.00%

Dollars are in millions Liquid Guarantor: Includes any loan that is backed by a guarantor with liquidity that exceeds 50% of the outstanding balance of a secured loan.Minimally Impacted: Includes borrowers that have yet to be affected by lower prices (ex. crude oil transportation, contractors working on long-term infrastructure projects) (3)(4) Moderate Risk: Includes borrowers that have been significantly impacted by lower prices but collateral that is useful in other industries (ex. Trucks, Cranes, Rolling Stock etc.) Includes drilling contractors, roustabout operations and various suppliers. Energy Portfolio Exposure Exploration & Production $13.76 Midstream $21.99 Mineral/Royalty $28.32 Service Energy Portfolio Total Loan Balance $32.17 $96.24 Less: Minimal Risk due to Liquid Guarantor Support (20.47) Less: Minimal Risk due to Hedged Production, Low LTV, and/or Long Production Life (10.65) Less: Minimal Risk due to Environmentally Driven Midstream Activity (15.12) Less: Minimal Risk due to Low Loan to Value on Income Producing Mineral Rights/Royalties (19.06) Less: Minimal Risk due to Insignificant Impact of Low Oil Prices to Date (3.74) Sub‐Total ‐ Remaining Loans With Moderate or Elevated Risk 27.20 Less: Moderate Risk due to Primary Collateral Type (ex. Trucks, Cranes, Rolling Stock etc.) (9.04) Sub‐Total ‐ Remaining Loans With Elevated Risk 18.16 Liquid Guarantor (1), Low decline production with amortizing ability at $30/barrel oil 23% $3.11 Hedged Production into 2021; 2 year remaining amortization or less, low loan to value 61% 8.36 Minimal risk Low Decline Production, More than half of this exposure is backed by natural gas production 17% 2.29 Liquid Guarantor (1)Midstream Equipment; Midstream A/R 96% concentrated to a single, deeply experienced, well-capitalized group 31%66%2% $6.87 14.590.53 Minimal risk Loan to cost below 50% 67% $19.06 Minimal risk Loan to cost above 50% 33% 9.26 Elevated risk Liquid Guarantor (1)Oilfield activity minimally impacted (2) 33%12% $10.493.74 Minimal risk Heavily Impacted; Not Oilfield Specific Collateral (3) 28% 9.04 Moderate risk Heavily Impacted; Oilfield Specific Equipment, A/R, Energy company A/R & oilfield inventory and/or Real Estate (4) 25%2% 8.120.78 Elevated risk 13

Development and Lot Exposure Low exposure in the lot & land development category – total of lot & land development loans was$21.1 million, or 2.69% of total loans at the end of Q1.Minimal raw land exposure – book balance of $504,945, or 0.64% of the total loan portfolio, and no additional commitments.14 2016 2017 2018 2019 Q1 2020 Lot & land development - total funded $24.90 $15.70 $12.20 $15.30 $21.10 Lot & land development - total loans 4.96% 2.79% 2.03% 2.16% 2.69% Dollars are in millions. 1 – 4 Family Construction Homebuilder Loans 83% of 1-4 Family Construction loans are for low to moderate priced homes. Loan Range # ofHomes % Homes perRange (#) $ Committedper Range % Committedper Range ($) $450M and up 15 5% $10.00 17% $350M to $450M 8 3% 3.00 5% 83% of $250M to $350M 36 12% 10.50 17% exposure $150M to $250M 110 36% 21.70 36% below $150M and Under 135 44% 14.60 25% $450,000 Totals 304 100% $59.80 100%

Deposit Composition Historical Deposit Growth Deposit Composition as of March 31, 2020 85.1% of our loan customers also had a deposit relationship with us as of March 31, 2020. Core Deposits(1) Total organic core deposit growth YOY was $145.8M, or 23.8%. Core deposits totaled $757.7 million as of March 31, 2020 compared to $611.9 million as of March 31, 2019. Commentary 15 76.8% 23.2% 26.5% 29.8% 28.9% 29.2% 2016 2017 2018 2019 Q1 2020 73.5% 70.2% 71.1% 70.8% $549.6 $625.8 $675.9 $757.5 $871.0 Noninterest-bearing deposits Interest-bearing depositsDollars are in millions.Financial data is as of or for the twelve months ended December 31 of each respective year and as of or for the three months ended March 31, 2020.(1) We define core deposits as deposits obtained directly from the depositor and exclude deposits obtained from listing services and brokered deposits that are obtained through an intermediary. Noninterest- bearing demand$254.729.2% NOW deposits$169.6 19.5% Money Markets$141.1 16.2% Savings$64.9 7.5% Time deposits >$100,000$215.224.7% Time deposits<$100K$25.52.9%

Appendix 16

2019 Pro Forma Net Income Reconciliation 17 On September 5, 2019, our largest shareholders, the Haines Family Trusts, contributed approximately 6.5% of their shares (656,925 shares) to the Company. Subsequently, the Company immediately issued those shares to certain executive officers, which was charged as compensation expense of $11.8 million, including payroll taxes, through the income statement of the Company. Additionally, at the discretion of the employees receiving shares to assist in paying tax withholdings, 149,425 shares were withheld and subsequently canceled, resulting in a charge to retained earnings of $2.6 million. For the Year Ended December 31,2019 (Dollars in thousands) Pro Forma Net Income Total Interest Income 51,709 $ Total Interest Expense $ 9,516 Net Interest Margin $ 42,193 Provision for Loan Losses $ - Noninterest Income $ 1,308 Noninterest Expense $ 28,432 Less: Stock Transfer Comp. Expense $ (11,796) Pro Forma Noninterest Expense $ 16,636 Pro Forma Pre-Tax Income $ 26,866 Pro Forma Income Tax Expense (1) $ 6,836 Pro Forma Net After-Tax Income $ 20,030

Bank7 Corp. Financials Net income and earnings per share are tax-adjusted as if the Company were a C Corporation at the estimated tax rates for the respective periods. EPS calculation is based on diluted shares. Combined federal and state effective tax rates for the three months ended March 31, 2019 and 2020 were 25.0% and 25.3%, respectively.Represents a non-GAAP financial measure. See non-GAAP reconciliations table for reconciliation to its more comparable GAAP measure.All pro forma amounts relate to the one-time, non-cash executive stock transfer which occurred in September 2019. These amounts remove the compensation expense and related tax impact from net income. See detail and reconciliation on slide 17 of this presentation. 18 (Dollars in thousands, except per share data) Income Statement Data: Total interest income $ 13,507 $ 12,577 $ 51,709 $ 46,800 $ 42,870 $ 33,153 Total interest expense 2,075 2,224 9,516 7,168 4,739 3,303 Provision for loan losses 650 - - 200 1,246 1,554 Total noninterest income 330 223 1,284 1,331 1,435 1,643 Total noninterest expense 4,353 3,755 28,432 16,636 14,967 14,531 13,121 Provision (benefit) for income taxes 1,708 1,705 6,844 6,836 797 - - Pre-tax Net income 6,759 6,821 15,045 26,842 25,796 23,789 16,817 Net income – C CorpBalance Sheet Data: 5,051 5,116 8,201 20,006 20,077 14,280 10,435 Cash and cash equivalents $ 178,728 $ 190,426 $ 147,275 $ 159,849 $ 130,222 $ 103,665 Total loans 785,733 586,625 707,305 599,910 563,001 502,482 Allowance for loan losses 8,513 7,835 7,847 7,832 7,654 6,873 Total assets 974,350 787,236 866,392 770,511 703,594 613,771 Interest-bearing deposits 616,221 501,325 538,262 474,744 459,920 422,122 Noninterest-bearing deposits 254,735 185,351 219,221 201,159 165,911 127,434 Total deposits 870,956 686,676 757,483 675,903 625,831 549,556 Total shareholders’ equityShare and Per Share Data: 97,616 93,753 100,126 88,466 69,176 55,136 Earnings per share (basic) – Pre-tax Net Income $ 0.68 $ 0.67 $ 1.48 $ 2.63 $ 3.18 $ 3.26 $ 2.31 Earnings per share (basic) – C Corp (1) 0.51 0.50 0.81 1.96 2.48 1.96 1.43 Earnings per share (diluted) – Pre-tax Net Income 0.68 0.67 1.48 2.63 3.13 3.26 2.31 Earnings per share (diluted) – C Corp (1) 0.51 0.50 0.81 1.96 2.44 1.96 1.43 Dividends per share 0.10 - 0.60 0.84 1.34 0.96 Book value per share 10.54 9.20 9.96 8.68 9.49 7.57 Tangible book value per share (2) 10.35 9.01 9.78 8.49 9.19 7.24 Weighted average common shares outstanding–basic 9,973,359 10,187,500 10,145,032 10,192,930 8,105,856 7,287,500 7,287,500 Weighted average common shares outstanding–dilute 9,973,819 10,187,500 10,147,311 10,195,209 8,238,753 7,287,500 7,287,500 Shares outstanding at end of period 9,264,412 10,187,500 10,057,506 10,206,931 10,187,500 7,287,500 7,287,500 As of or for the Three Months Ended March 31, For the Year Ended December 31, 2020 2019 2019 2019 2018 2017 2016 Pro Forma(3)

Bank7 Corp. Financials Return on average assets and shareholders’ equity are tax-adjusted as if the Company were a C Corporation at the estimated tax rates for the respective periods.Efficiency ratio is calculated by dividing noninterest expense by the sum of net interest income on a tax equivalent basis and noninterest income.Represents a non-GAAP financial measure. See non-GAAP reconciliations table for reconciliation to its more comparable GAAP measure.Ratios are based on Bank level financial information rather than consolidated information. At March 31, 2020, Tier 1 leverage ratio, Tier 1 risk based capital ratio, and total risk- based capital ratios were 10.86%, 12.30%, and 13.41% respectively for the Company.All pro forma amounts relate to the one-time, non-cash executive stock transfer which occurred in September 2019. These amounts remove the compensation expense and related tax impact from net income. See detail and reconciliation on slide 16 of this presentation. 19 Return on average: Assets – Pre-tax 3.11% 3.67% 1.88% 3.36% 3.53% 3.62% 2.86% Assets – C Corp (1) 2.32% 2.75% 1.03% 2.51% 2.75 2.17 1.78 Tangible common equity – C Corp (1) 20.32% 23.35% 8.58% 20.92% 26.40% 23.31% 21.73% Shareholders’ equity – Pre-tax 26.73% 30.46% 15.44% 27.55% 33.01 37.43 33.29 Shareholders’ equity – C Corp (1) 19.97% 22.85% 8.42% 20.53% 25.69 22.47 20.65 Yield on earnings assets 6.27% 6.84% 6.55% 6.48 6.60 5.73 Yield on loans 7.05% 8.04% 7.58% 7.58 7.69 6.71 Yield on loans excluding fees 6.37% 7.15% 6.88% 6.71 6.14 5.76 Cost of funds 1.09% 1.37% 1.37% 1.11 0.80 0.62 Cost of int bearing deposits 1.52% 1.89% 1.89% 1.52 1.35 0.75 Cost of total deposits 1.09% 1.37% 1.37% 1.08 0.77 0.58 Net interest margin 5.31% 5.63% 5.35% 5.49 5.87 5.16 Net interest margin excluding loan fees 4.72% 4.93% 4.78% 4.78 4.59 4.37 Noninterest expense to average assets 2.00% 2.02% 3.56% 2.08% 2.05 2.21 2.23 Efficiency ratio (2) 37.00% 35.99% 65.39% 38.26% 37.04 37.24 42.31 Loans to deposits 90.22% 85.43% 93.38% 88.76 89.96 91.43 Liquidity Ratio 20.39% 27.50% 19.22% 23.44% 20.53% 18.57% Credit Quality Ratios: Nonperforming assets to total assets 0.34% 0.60% 0.38% 0.35% 0.28% 0.37% Nonperforming assets to total loans and OREO 0.42 0.80 0.47 0.45 0.35 0.45 Nonperforming loans to total loans 0.42 0.78 0.47 0.43 0.34 0.43 Allowance for loan losses to nonperforming loans 256.72 171.11 235.47 299.50 404.55 319.53 Allowance for loan losses to total loans 1.08 1.34 1.11 1.31 1.36 1.37 Net charge-offs to average loans (0.002) (0.002) (0.002) 0.00 0.09 0.07 Capital Ratios: Total shareholders’ equity to total assets 10.02% 11.91% 11.56% 11.48% 9.83% 8.98% Tangible equity to tangible assets (3) 9.86 11.69 11.37 11.25 9.55 8.62 Tier 1 leverage ratio (4) 10.97 12.18 11.65 11.26 10.53 9.67 Tier 1 risk-based capital ratio (4) 12.45 16.05 14.28 14.78 12.58 11.33 Total risk-based capital ratio (4) 13.56 17.30 15.42 16.03 13.83 12.58 (Dollars in thousands, except per share data)Performance Ratios: As of or for the Three Months Ended March 31, For the Year Ended December 31, 2020 2019 2019 2019 2018 2017 2016 Pro Forma(5)

Non-GAAP Reconciliations 20 As of or for the Three Months Ended March 31, For the Year Ended December 31, (Dollars in thousands, except per share data) 2020 2019 2019 2018 2017 2016 Tangible Shareholders' EquityTotal shareholders equity $ 97,616 $ 93,753 $ 100,126 $ 88,466 Goodwill and other intangibles (1,737) (1,943) (1,789) (1,995) Tangible Shareholders Equity 95,879 91,810 98,337 86,471 Tangible AssetsTotal assets $ 974,350 $ 787,236 $ 866,392 $ 770,511 Less: Goodwill and other Intangibles (1,737) (1,943) (1,789) (1,995) Tangible assets 972,613 785,293 864,603 768,516 Average Tangible Common EquityAverage shareholders equity $ 101,718 $ 90,813 $ 97,431 $ 78,148 Less: Average goodwill and other Intangibles (1,761) (1,974) (1,789) (2,087) Average Tangible Common Equity 99,957 88,839 95,642 76,061 End of period common shares outstanding 9,264,412 10,187,500 10,057,506 10,187,500 Book value per share 10.54 9.20 9.96 8.68 Tangible book value per share 10.35 9.01 9.78 8.49 Total shareholders' equity to total assets 10.02% 11.91% 11.56% 11.48% Tangible shareholders' equity to tangible assets 9.86% 11.69% 11.37% 11.25% Loan interest income (excluding loan fees):Total loan interest income, including fees $ 13,106 $ 11,622 $ 48,200 $ 44,279 Loan fee income (1,260) (1,289) (4,443) (5,121) Loan interest income excluding loan fees 11,846 10,333 43,757 39,158 Average Total Loans $ 747,774 $ 586,408 $ 636,274 $ 583,821 Yield on loans 7.05% 8.04% 7.58% 7.58% Yield on loans (excluding loan fee income) 6.37% 7.15% 6.88% 6.71% Net interest margin (excluding loan fees): Net interest income $ 11,432 $ 10,353 $ 42,193 $ 39,631 Loan fee income (1,260) (1,289) (4,443) (5,121) Net interest income excluding loan fees 10,172 9,064 37,750 34,510 Average Earning Assets $ 866,047 $ 745,739 $ 789,009 $ 721,935 Net interest margin 5.31% 5.63% 5.35% 5.49% Net interest margin (excluding loan fee income) 4.72% 4.93% 4.78% 4.78% $ 69,176 $ 55,136 (2,201) (2,407) 66,975 52,729 $ 703,594 $ 613,771 (2,201) (2,407) 701,393 611,364 $ 63,558 $ 50,523 (2,304) (2,510) 61,254 48,013 7,287,500 7,287,500 9.49 7.57 9.19 7.24 9.83% 8.98% 9.55% 8.62% $ 41,450 $ 32,254 (8,331) (4,539) 33,119 27,715 $ 539,302 $ 481,028 7.69% 6.71% 6.14% 5.76% $ 38,131 $ 29,849 (8,331) (4,539) 29,800 25,310 $ 649,757 $ 578,832 5.87% 5.16% 4.59% 4.37%

Legal Information and Disclaimer This presentation and oral statements made regarding the subject of this presentation contain forward-looking statements. 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 of COVID-19 on the United States economy and our operations, the direct and indirect effect of economic conditions on interest rates, credit quality, loan demand, liquidity, and monetary and supervisory policies of banking regulators. 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. 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.Within this presentation, we reference certain market, industry and demographic data, forecasts and other statistical information. We have obtained this data, forecasts and information from various independent, third party industry sources and publications. Nothing in the data, forecasts or information used or derived from third party sources should be construed as advice. Some data and other information are also based on our good faith estimates, which are derived from our review of industry publications and surveys and independent sources. We believe that these sources and estimates are reliable, but have not independently verified them. Statements as to our market position are based on market data currently available to us. Although we are not aware of any misstatements regarding the economic, employment, industry and other market data presented herein, these estimates involve inherent risks and uncertainties and are based on assumptions that are subject to change. This presentation includes certain non-GAAP financial measures, including pro forma net income, tax-adjusted net income, tax-adjusted earnings per share, tax-adjusted return on average assets and tax-adjusted return on average shareholders’ equity. These non-GAAP financial measures and any other non-GAAP financial measures that we discuss in this presentation should not be considered in isolation, and should be considered as additions to, and not substitutes for or superior to, measures of financial performance prepared in accordance with GAAP. There are a number of limitations related to the use of these non-GAAP financial measures versus their nearest GAAP equivalents. For example, other companies may calculate non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of Bank7 Corp.’s non-GAAP financial measures as tools for comparison. See the table on Slide 15 of this presentation for a reconciliation of the non-GAAP financial measures used in (or conveyed orally during) this presentation to their most directly comparable GAAP financial measures. 21