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)

January 16, 2025

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 January 16, 2025, Bank7 Corp. (the “Company”), the holding company for Bank7, issued a press release announcing its results of operation and financial condition for the quarter and full year ended December 31, 2024. 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 January 16, 2025 at 10:00 am CST to discuss its fourth quarter and

    full year 2024 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 January 16, 2025
99.2	Fourth Quarter and Full Year 2024 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: January 16, 2025	By:	/s/ Kelly J. Harris
		Kelly J. Harris
		Executive Vice President and Chief Financial Officer

Exhibit

    99.1

FOR IMMEDIATE RELEASE: Bank7

        Corp. Announces Q4 2024 and Full Year Earnings

Oklahoma City, January 16, 2025 – 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, 2024. “We are pleased to announce record annual results for 2024, as we reached new milestones in net income, PPE, and earnings per share. Our properly matched balance sheet, disciplined cost controls, and excellent credit quality continues to produce outstanding performance,” said Thomas L. Travis, President and CEO of the Company.

For the year ended December 31, 2024 compared to the year ended December 31, 2023:

-	Net income of $45.7 million compared to $28.3 million, an increase of 61.62%
-	Earnings per share of $4.84 compared to $3.05, an increase of 58.69%
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-	Total assets of $1.7 billion compared to $1.8 billion, a decrease of 1.80%
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-	Total loans of $1.4 billion compared to $1.4 billion, an increase of 2.69%
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-	PPE of $60.4 million compared to $58.4 million, an increase of 3.38%
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-	Total interest income of $131.5 million compared to $121.5 million, an increase of 8.22%
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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. On December 31, 2024, the Bank’s Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 12.18%, 13.99%, and 15.22%, respectively. On December 31, 2024, on a consolidated basis, the Company’s Tier 1 leverage ratio, Tier 1 risk-based capital ratio, and total risk-based capital ratios were 12.19%, 13.98%, and 15.21%, 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 (“PPE”). 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 Year Ended
	2024		2023
Calculation of Pre-Provision Pre-Tax Earnings ("PPE")	(Dollars in thousands)
Net Income	$	45,698	$	28,275
Income Tax Expense		14,656		8,948
Pre-tax net income		60,354		37,223
Add back: Provision for credit losses		-		21,145
Add back: (Gain)Loss on sales/calls of AFS debt securities		6		16
Pre-provision pre-tax earnings		60,360		58,384

Bank7 Corp.

Consolidated Balance Sheets


Assets			2023
Cash and due from banks	234,196		$	181,042
Interest-bearing time deposits in other banks	6,719			17,679
Available-for-sale debt securities	59,941			169,487
Loans, net of allowance for credit losses of 17,918 and 19,691 at December 31, 2024 and December 31, 2023, respectively	1,379,465			1,341,148
Loans held for sale, at fair value	-			718
Premises and equipment, net	18,137			14,942
Nonmarketable equity securities	1,283			1,283
Core deposit intangibles	878			1,031
Goodwill	8,458			8,458
Interest receivable and other assets	30,731			35,878
Total assets	1,739,808		$	1,771,666
Liabilities and Shareholders’ Equity
Deposits
Noninterest-bearing	313,258		$	482,349
Interest-bearing	1,202,213			1,109,042
Total deposits	1,515,471			1,591,391
Income taxes payable	77			302
Interest payable and other liabilities	11,047			9,647
Total liabilities	1,526,595			1,601,340
Shareholders’ equity
Common stock, 0.01 par value; 50,000,000 shares authorized; shares issued and outstanding: 9,390,211 and 9,197,696 at December 31,<br> 2024 and December 31, 2023, respectively	94			92
Additional paid-in capital	101,809			97,417
Retained earnings	116,281			78,962
Accumulated other comprehensive loss	(4,971	)		(6,145	)
Total shareholders’ equity	213,213			170,326
Total liabilities and shareholders’ equity	1,739,808		$	1,771,666

All values are in US Dollars.

						Twelve Months Ended
						December 31,
			2023<br><br> (unaudited)			2024<br><br> (unaudited)			2023
Interest Income
Loans, including fees	29,582		$	28,727		$	119,416		$	109,843
Interest-bearing time deposits in other banks	110			248			785			519
Debt securities, taxable	265			685			2,531			2,791
Debt securities, tax-exempt	60			77			273			330
Other interest and dividend income	2,313			2,664			8,535			8,061
Total interest income	32,330			32,401			131,540			121,544
Interest Expense
Deposits	10,593			11,104			45,345			38,998
Total interest expense	10,593			11,104			45,345			38,998
Net Interest Income	21,737			21,297			86,195			82,546
Provision for Credit Losses	-			15,500			-			21,145
Net Interest Income After Provision for Credit Losses	21,737			5,797			86,195			61,401
Noninterest Income
Mortgage lending income	137			159			370			331
Loss on sales, prepayments, and calls of available-for-sale debt securities	(3	)		(1	)		(6	)		(16	)
Service charges on deposit accounts	233			222			975			869
Other	2,034			6,389			9,915			8,058
Total noninterest income	2,401			6,769			11,254			9,242
Noninterest Expense
Salaries and employee benefits	5,043			3,086			20,783			17,385
Furniture and equipment	257			241			1,070			995
Occupancy	655			708			2,640			2,689
Data and item processing	459			450			1,897			1,730
Accounting, marketing and legal fees	255			51			836			543
Regulatory assessments	211			524			1,196			1,537
Advertsing and public relations	192			154			549			427
Travel, lodging and entertainment	161			118			431			374
Other	2,185			5,673			7,693			7,740
Total noninterest expense	9,418			11,005			37,095			33,420
Income Before Taxes	14,720			1,561			60,354			37,223
Income tax expense	3,611			491			14,656			8,948
Net Income	11,109		$	1,070		$	45,698		$	28,275
Earnings per common share - basic	1.19		$	0.12		$	4.92		$	3.09
Earnings per common share - diluted	1.16			0.12			4.84			3.05
Weighted average common shares outstanding - basic	9,366,074			9,188,888			9,290,051			9,161,565
Weighted average common shares outstanding - diluted	9,556,388			9,274,960			9,447,751			9,264,307
Other comprehensive income (loss)
Unrealized gains (losses) on securities, net of tax expense (benefit) of 335 and (1 million) for the years ended December 31, 2024 and 2023, respectively	(856	)	$	2,932		$	1,169		$	3,146
Reclassification adjustment for realized losses included in net income net of tax of 1 and 4 for the years ended December 31, 2024 and 2023, respectively	2			1			5			12
Other comprehensive income (loss)	(854	)	$	2,933		$	1,174		$	3,158
Comprehensive Income	10,255		$	4,003		$	46,872		$	31,433

All values are in US Dollars.

	Net Interest Margin
	For the Year Ended December 31,
	2024<br><br> (unaudited)							2023
	Average<br><br> Balance		Interest<br><br> Income/<br><br> Expense		Average<br><br> Yield/<br><br> Rate			Average<br><br> Balance		Interest<br><br> Income/<br><br> Expense		Average<br><br> Yield/<br><br> Rate
	(Dollars in thousands)
Interest-Earning Assets:
Short-term investments	$	184,328	$	9,320		5.04	%	$	174,600	$	8,580		4.91	%
Debt securities, taxable-equivalent		90,184		2,531		2.80			152,094		2,791		1.84
Debt securities, tax exempt		16,651		273		1.64			19,430		330		1.70
Loans held for sale		343		-		-			158		-		-
Total loans(1)		1,391,552		119,416		8.56			1,315,578		109,843		8.35
Total interest-earning assets		1,683,058		131,540		7.79			1,661,860		121,544		7.31
Noninterest-earning assets		39,555							25,943
Total assets	$	1,722,613						$	1,687,803
Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	882,314		33,408		3.78	%	$	825,169		28,582		3.46	%
Time deposits		254,057		11,937		4.69			256,672		10,416		4.06
Total interest-bearing deposits		1,136,371		45,345		3.98			1,081,841		38,998		3.60
Total interest-bearing liabilities		1,136,371		45,345		3.98			1,081,841		38,998		3.60
Noninterest-bearing liabilities:
Noninterest-bearing deposits		381,660							433,603
Other noninterest-bearing liabilities		12,419							10,423
Total noninterest-bearing liabilities		394,079							444,026
Shareholders' equity		192,163							161,936
Total liabilities and shareholders' equity	$	1,722,613						$	1,687,803
Net interest income			$	86,195						$	82,546
Net interest spread						3.81	%						3.71	%
Net interest margin						5.11	%						4.97	%
(1)	Nonaccrual loans are included in total loans
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	Net Interest Margin
	For the Three Months Ended December 31,
	2024<br><br> (unaudited)							2023
	Average<br><br> Balance		Interest<br><br> Income/<br><br> Expense		Average<br><br> Yield/<br><br> Rate			Average<br><br> Balance		Interest<br><br> Income/<br><br> Expense		Average<br><br> Yield/<br><br> Rate
	(Dollars in thousands)
Interest-Earning Assets:
Short-term investments	$	195,948	$	2,423		4.91	%	$	210,710	$	2,912		5.48	%
Debt securities, taxable-equivalent		50,504		265		2.08			150,291		685		1.81
Debt securities, tax exempt		14,216		60		1.67			18,250		77		1.67
Loans held for sale		526		-		-			284		-		-
Total loans(1)		1,422,382		29,582		8.25			1,362,533		28,727		8.36
Total interest-earning assets		1,683,576		32,330		7.62			1,742,068		32,401		7.38
Noninterest-earning assets		39,721							27,984
Total assets	$	1,723,297						$	1,770,052
Funding sources:
Interest-bearing liabilities:
Deposits:
Transaction accounts	$	911,978		7,683		3.34	%	$	848,990		8,237		3.85	%
Time deposits		250,209		2,910		4.61			254,460		2,867		4.47
Total interest-bearing deposits		1,162,187		10,593		3.62			1,103,450		11,104		3.99
Total interest-bearing liabilities	$	1,162,187		10,593		3.62		$	1,103,450		11,104		3.99
Noninterest-bearing liabilities:
Noninterest-bearing deposits	$	338,645						$	485,312
Other noninterest-bearing liabilities		13,014							12,235
Total noninterest-bearing liabilities		351,659							497,547
Shareholders' equity		209,451							169,055
Total liabilities and shareholders' equity	$	1,723,297						$	1,770,052
Net interest income			$	21,737						$	21,297
Net interest spread						4.00	%						3.39	%
Net interest margin						5.12	%						4.85	%
(1)	Nonaccrual loans are included in total loans
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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, January 16, 2025 at 10:00 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/Gvl7ABbAdkV. For those not able to participate in the live call, an archive of the webcast will be available at https://app.webinar.net/Gvl7ABbAdkV 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

Exhibit 99.2

Q4 and Full Year 2024 Earnings Release BSVN January 16, 2025

BSVN – Corporate Overview Consistently ranked by S & P Global Market Intelligence as one of the Top Performing Community Banks in the United States Consistently produce top tier earnings and ROATCE (3) Proven ability to maintain a healthy net interest margin through various interest rate cycles Abundant liquidity and a properly matched balance sheet Disciplined credit culture that adheres to our comprehensive risk management practices Experienced and talented bankers focused on high-touch personalized service, targeting entrepreneurs and their commercial banking needs Positioned in dynamic markets with a commercial banking emphasis delivering services via a branch-lite model Shareholder alignment due to 56% insider ownership Dollars in thousands, all data as of December 31, 2024, unless indicated otherwise Pre-provision, pre-tax earnings (“PPE”) is a non-GAAP financial measure. See appendix for reconciliation to their most comparable GAAP measure Diluted earnings per share, as presented See slide 4 for the corresponding comparison between BSVN and peer group Bank7 Branch Dallas / Fort Worth Tulsa Oklahoma City

Q4 and Full Year Overview Asset Quality & CRE Dollars in thousands, all data as of December 31, 2024, unless indicated otherwise See slide 10 for adjusted uninsured deposit calculation $1.00 billion of gross loans reprice daily EPS: Q4 - $1.16; full year - $4.84 Results were achieved through core earnings with no shares repurchased ROATCE: Q4 - 22.09%; full year - 25.00% Low efficiency ratio: Q4 - 39.14%; full year - 37.90% Record Full Year EPS & Strong ROATCE CET1: 13.98% Tier 1 Leverage: 12.19% TCE/TA: 11.78% Capital ratios far exceed “well capitalized” regulatory guidelines Exceptional earnings and low dividend payout ratio builds capital rapidly Debt free Balance Sheet, and no HTM securities Prudent Capital Management Adjusted uninsured deposits represent 16.02% of total deposits(1) The sum of cash plus unpledged securities and undrawn lines-of-credit equals $810.88 million, which significantly exceeds adjusted uninsured deposits of $242.79 million(1), a 3.34x coverage $1.17 billion or 83.84% of loans reprice in 1 year or less, with $1.00 billion(2) or 71.81% repricing daily AOCI is only $4.97 million; the average investment portfolio duration is ~4.1 years Consistent Balance Sheet Management & Liquidity NPLs to Total Loans of 0.55% Diverse CRE portfolio primarily located in the DFW and Oklahoma City Metros Office Loan Average Size, excluding construction is $0.91 million: Owner Occupied — $0.66 million Non-Owner Occupied — $1.35 million

Maximizing Our Employee Base PPE(1) Strength in Core Earnings 3.38% increase Dollars are in millions Financial data is as of or for the twelve months ended December 31 of each respective year Pre-provision, pre-tax earnings (“PPE”) is a non-GAAP financial measure. See appendix for reconciliation to their most comparable GAAP measure Record PPE: Full year PPE of $60.36 million, an increase of 3.38% as compared to 2023 Record PPE was driven by: Disciplined loan pricing Asset sensitive balance sheet Expense controls We achieve maximum productivity by: Hiring fewer but better FTEs Operating an efficient delivery system with a strict adherence to process

Consistently Outperforming our Peer Group Income Statement as a Percentage of Average Assets PPE to Average Assets vs Peers Dollars are in thousands Peer group is defined as exchange-traded banks nationwide with assets between $500mm-$5bn (145 banks); Source: S&P Global Market Intelligence. As of Q3 2024, the latest data available.

Return on Average Tangible Common Equity 5 year average: 21.4% Efficiency Ratio 5 year average: 37.2% Return on Average Assets 5 year average: 2.1% Consistent Top Performer Financial data is as of or for the twelve months ended December 31 of each respective year Industry-leading performance ratios remain top-tier and within our historical ranges 8.60%

Diluted Earnings Per Share 58.69% Increase Tangible Book Value Per Share(1) CAGR since 2018: 17.0% Full Year Record EPS: Full year EPS of $4.84, a 58.69% increase from 2023 No share repurchases since 2020 Reliable and Rapid Capital Compounder Dollars are in thousands, except for per share data Tangible book value per share is a non-GAAP financial measure, and is calculated by dividing “Total tangible shareholders’ equity” by “Shares outstanding” TBV per share of $21.71, an increase of $4.22 or 24.16% as compared to YE 2023 Consistently strong earnings increased TBV despite three factors: $0.85 per share paid for an all-cash acquisition in Q4 2021 $0.53 per share AOCI unrealized loss from investments $3.57 per share paid in cash dividends, since IPO

CAGR since 2018: 15.6% BSVN Compared to All Major Exchange Traded Banks Source: S&P Global Market Intelligence and FactSet; Market data as of 12/31/2024 Total shareholder return includes the reinvestment of dividends Public banks include all major exchange-traded banks nationwide (312 banks) Total Shareholder Return Since BSVN’s IPO (9/2018) BSVN’s TBVPS Since FYE 2018 (1) $100 invested in BSVN since IPO would be worth $231.99 now $100 invested in an index of all public banks since BSVN’s IPO would be worth $113.51 now BSVN: 132.0% Median: 13.5% 118.5% Outperformance Public Banks Median CAGR: 5.6%(1)

Consistent Net Interest Margin 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 December 31, 2024 and September 30, 2024 Net interest margin (excluding loan fee income) is a non-GAAP financial measure, see Appendix for reconciliation to the most comparable GAAP measure for this metric ◼︎ Loan Fee Income Contribution Net interest margin remains within our historical range due to disciplined loan pricing, a healthy amount of non-interest bearing deposits, and our properly matched balance sheet The 50 basis point (bps) rate cuts during the quarter had a neutral impact on net interest margin; loan yields ended the quarter at 7.55%, a 31 bps reduction from ending Q3 loan yields; this represents a 62% beta relative to the full rate cuts during the quarter; concurrently, the cost of funds (COF) for deposits finished the quarter at 2.70%, down 30 bps from the Q3 COF, reflecting a 60% beta The full 100 bps rate cuts during the second half of 2024 were neutral to net interest margin, loan yields have declined 63 bps, representing a 63% beta; compared to a deposit COF decrease of 62 bps, representing a 62% beta There are currently $52.60 million of floating rate loans at their floors, which would increase to $285.52 million of floating rate loans at their floors with another 100 bps in rate cuts

We Achieve a Steady Spread thru Various Rate Cycles Financial data calculated using annual averages Excluding loan fee income

Asset Sensitivity Repricing and Liquidity Dollars in thousands, all data as of December 31,2024, unless indicated otherwise $1.00 billion of gross loans reprice daily Asset Sensitivity Repricing Schedule (1) 71.81% of all earning assets reprice within one year or less and combined with a properly matched balance sheet, are key drivers of our consistent net interest margin Uninsured deposits total $354.17 million or 23.37% of total deposits; however, after deductions for insider owned, and also collateralized deposits, adjusted uninsured deposits are $242.79 million, which is 16.02% of total deposits Cash, securities, and undrawn lines of credit totaled $810.88 million, providing a 3.34x coverage of adjusted uninsured deposits Uninsured Deposits | Cash/Liquidity Liquidity

Deposit Composition Deposit Composition CAGR since 2020: 13.0% Dollars in millions Decrease in non-interest bearing deposits, as compared to 2023, relates to a $100.00 million deposit that was directed to BSVN by a bankruptcy court which has now been dispersed 1

Loan Portfolio Trends Loan Portfolio Trends – Selected Categories Dollars are in millions CAGR Since 2020: 8.9% 9.5% 26.7% 18.5% 45.3%

Loan Portfolio Distribution Dollars are in millions. Data as of December 31, 2024 Loan Portfolio Selected Categories

Diverse CRE Portfolio with Very Low Historical Losses Dollars are in millions. Data as of December 31, 2024 Diverse commercial real estate lending activity in Texas and Oklahoma with an emphasis in the DFW, Oklahoma City, and Tulsa metros Minimal office loans No office exposure to downtown metropolitan locations Office Loan Average Size, excluding construction is $0.91 million: Owner Occupied — $0.66 million Non-Owner Occupied — $1.35 million Construction lending activity primarily in Oklahoma City and the Dallas metroplex with an emphasis on entry level homes with established homebuilders Limited lot and development lending activity Hospitality niche managed by seasoned professionals with proven track record through various economic cycles CONSTRUCTION OWNER OCCUPIED

Hotel Portfolio by Class Hotel Portfolio by Location Hospitality Loan Portfolio – A Source of Strength Dollars are in millions. Data as of December 31, 2024 No historical NCOs in the hospitality segment Blue collar portfolio that is well-protected by the “cycle-down” effect of a recession Geographically concentrated in TX (85%) and other markets with favorable economic conditions Loans personally guaranteed by experienced owner/operators with operating history spanning decades of economic cycles Diversified lending to many reputable brands Consistent underwriting fundamentals with disciplined equity requirements, debt coverage ratio requirements, personal recourse, and rapid amortization Average loan size of $5.50 million 3.56% Actual Hotel Portfolio by Location

Total Assets Strategic Growth in Dynamic Markets Dollars are in millions 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LPO opened in Tulsa, OK, full-service branch opened in Frisco, TX Oklahoma acquisition Full-service branch opened in Tulsa, OK Completed IPO Full-service branch opened in Irving, TX LPO opened in Irving, TX Kansas acquisition CAGR Since 2014: 13.8%

Earnings-driven Capital Shock-absorption Earnings-driven cushion far exceeds regulatory capital minimums as illustrated over a two-year period, consistent with DFAST parameters(1) Dollars are in thousands above assumes no cash dividends and is simply an illustration and should not be considered a projection or forward-looking guidance of any kind DFAST = Dodd-Frank Act Stress Test 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 PPE of $60.4 million extrapolated over two years

Appendix

Bank7 Corp. Financials BSVN adopted the CECL model (ASC326) on 1/1/2023 using the modified retrospective method. The presented allowance for periods prior to 1/1/2023 is under the incurred loss model (pre-ASC326). Represents a non-GAAP financial measure. See non-GAAP reconciliations table for reconciliation to most comparable GAAP measure for this metric

Bank7 Corp. Performance Ratios Annualized 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 the most comparable GAAP measure for this metric Ratios are based on Bank level financial information rather than consolidated information. At December 31, 2024, Tier 1 leverage ratio, Tier 1 risk based capital ratio, and total risk-based capital ratios were 12.19%, 13.98%, and 15.21% respectively for the Company

Non-GAAP Reconciliations

Non-GAAP Reconciliations -- Continued

Oil & Gas Asset Recap Cash Flow Recap GAAP Results

Available-for-Sale Securities Portfolio Investment Portfolio Dollars are in millions. All mortgage-backed securities and collateralized mortgage obligations are issued and/or guaranteed by U.S. government agencies or U.S. government-sponsored entities. Total investment securities of $59.9 million as of December 31, 2024 Weighted Average Duration: 4.1 Years Book Yield: 2.22%

Legal Information and Distribution 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 in the appendix 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.