Bank7 Corp. — Q3 2026 Earnings Summary

Financial Performance

• Net income for the three months ended September 30, 2026, was $10.20 million, a 22.25% increase from $8.35 million in the quarter ended June 30, 2026.
• Earnings per share (diluted) were $1.06 for the quarter ended September 30, 2026, compared to $0.87 in the prior quarter, representing a 21.84% increase.
• Total assets reached $2.01 billion as of September 30, 2026, up 4.84% from $1.91 billion on June 30, 2026.
• Total loans increased to $1.63 billion as of September 30, 2026, a 2.22% rise from $1.60 billion in the prior quarter.
• Pre-provision pre-tax earnings were $13.62 million for the quarter ended September 30, 2026, up 23.65% from $11.02 million in the prior quarter.
• Total interest income was $31.93 million for the quarter ended September 30, 2026, an increase of 3.25% from $30.93 million in the prior quarter.
• Net interest income for the nine months ended September 30, 2026, was $68.399 million, up from $65.608 million in the same period in 2025.
• Total noninterest expense for the nine months ended September 30, 2026, was $31.985 million, compared to $28.964 million in the prior year period.
• Provision for credit losses was $0 for both the three and nine months ended September 30, 2026, compared to $700,000 in the same periods of 2025.
• Total deposits were $1.721 billion as of September 30, 2026, compared to $1.701 billion as of December 31, 2025.
• Total shareholders' equity was $273.725 million as of September 30, 2026, compared to $250.995 million as of December 31, 2025.
• Net interest margin was 4.77% for the three months ended September 30, 2026, down from 5.07% in the same period of 2025.
• Net interest margin was 4.95% for the nine months ended September 30, 2026, compared to 5.00% in the same period of 2025.
• Tier 1 leverage ratio was 14.12% and total risk-based capital ratio was 16.31% as of September 30, 2026.

Guidance and Future Outlook

• No specific forward-looking financial guidance or numerical targets for future periods were provided in the press release.
• Management expressed confidence in maintaining a healthy pipeline of new loans despite significant payoffs.
• The company intends to grow organically by selectively opening additional branches in target markets.
• The company plans to pursue strategic acquisitions to support growth.

Business Segments and Product Lines

• The company operates 12 locations in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area, and Kansas.
• The business focuses on serving business owners and entrepreneurs with loan and deposit products.
• The merger with Century Financial Services Corporation is expected to extend the franchise into New Mexico.
• The merger is anticipated to allow the company to leverage Century's core deposits for a highly accretive impact on earnings.

Market and Competitive Landscape

• No specific data regarding market share, competitor names, or detailed market trend analysis was included in the press release.
• The company cites its position in "dynamic markets" as a benefit.

Risks and Challenges

• Forward-looking statements are subject to uncertainties regarding the timing of the Century Financial acquisition closing.
• Risks include future changes in interest rates, market behavior, and economic conditions.
• Potential risks involve future laws, regulations, accounting principles, and changes in regulatory standards.
• Economic conditions may directly or indirectly affect interest rates, credit quality, loan demand, and liquidity.

Management Commentary and Tone

• Thomas L. Travis, President and CEO, stated the company is "pleased with another quarter of strong core results."
• Management highlighted the company's benefit from high capital levels, robust liquidity, a strong net interest margin, and excellent credit quality.
• The CEO noted the balance sheet is "properly matched" and the company holds a strong position in dynamic markets.
• Regarding the merger, management expressed pleasure that all regulatory approvals were received and Century Financial shareholders approved the transaction.

Other Key Points

• The merger with Century Financial Services Corporation has received all regulatory approvals and shareholder approval.
• The merger is expected to close on November 1, 2026.
• The company's capital levels are significantly above the minimum levels required to be designated as "well-capitalized" for regulatory purposes.
• A conference call to discuss Q3 2026 results was scheduled for October 15, 2026, at 9:00 a.m. CST.
• The press release includes a cautionary statement regarding forward-looking information and the risks associated with it.